Month: March 2020

Like you, we are closely monitoring the developments regarding COVID-19 (Coronavirus) and the potential impact it may have on our clients, customers and staff. We are reaching out to you today, to let you know that we are prepared to continue to operate safely and effectively during this time.

As the situation continues to evolve, we are actively taking steps to minimize any disruptions. In an effort to best serve our clients and customers, we ask that you please shop with us at www.bossedenterprises.com for products and services. Should you have questions, or need further assistance, we encourage you to email us at support@bossedenterprises.com. In many cases, you can access us by calling/texting 813-252-0352 or 414-377-3241.

While it is impossible to predict the impact of this virus, our commitment to clients, customers and staff is to communicate any changes to our business services as quickly as possible. As always, we appreciate your business and will continue to do all that we can to serve you.

For additional information about COVID-19, please visit the Centers for Disease Control and Prevention at www.cdc.gov.

In many cases, individuals and businesses will be forced to raid their savings, IRAs, 401(k)s and other retirement plans to manage the financial impacts of coronavirus. Contact us to learn how to start your rebound.

Financial Literacy

We all spend money, but how many of us really know how to properly manage our money? This skill – or the lack of it – is referred to as “financial literacy” in the same manner as “literacy” gauges how well a person can read. A lot of people might say they are not very literate when it comes to finances. Financial literacy is defined as the ability to understand how money works. But this simple definition has broad ramifications. For instance, how well do consumers resist temptation to spend more than they earn? Have they invested in themselves, their family or charities? To have an impressive amount of financial literacy, it seems best to do things that are not exciting, at least initially. Be frugal. Prepare. Track your spending. Legendary businessman Warren Buffett is considered a genius at investing, yet his approach is simple. “You only have to do a very few things right in your life so long as you don’t do too many things wrong,” he said. Buffett is a thrifty guy who always avoided debt and extravagant living and still resides in the home he bought in 1958. As he has done with his housing, he does with stock. He buys and keeps it.

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