Direct Capital's Point Blank blog published my brief discussion of a business loan. I do track the banking sector and it's obvious to me that a bank is not going to risk a loan on someone whose income does not meet their internal criteria. I disagree with some of the other commenters who claimed that a business owner should rely upon their business plan and financial forecasts to secure a loan. That might be fine for a borrower with an established credit history and personal assets that can secure the bank loan. I'm pretty sure a brand new college graduate with no income, assets, or credit history will have a tough time getting a conventional bank loan with nothing but their startup's fundraising pitch deck, unless of course a parent co-signs the loan.
YoPro Wealth shared my insights on the basics of investing. I lived within my means for many years until I had enough capital to say goodbye to bad employers. Living frugally is the kind of habit that turns an ordinary working stiff into The Millionaire Next Door. It takes a while but starting sooner and saving more accelerates the date of financial emancipation. I am not a millionaire yet but there are probably a few in my neighborhood. There are certainly more than a few of them in San Francisco.
I do not give personal financial advice and I would prefer that social media publishers refrain from describing my wisdom as "advice," but I don't control their editorial habits. The lessons I share are hard-won from my own life. I don't need a securities license to showcase common sense. My musings used to be common sense for many people but those days are long gone. It falls to me to relight the world's lantern.