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Cash management during a crisis

Submitted by BCR Wealth Strategies on May 26th, 2020

An often-overlooked business planning activity is managing your current cash. During a crisis such as the COVID 19 pandemic and quarantine this becomes an essential factor for success. As Federal Reserve Chair Jerome Powell said recently, liquidity problems can turn into solvency problems. These recommendations are intended to empower you with information for making good decisions.

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  • Author- Sandra Cleveland
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Keep Your Investment Plan Safe

Submitted by BCR Wealth Strategies on May 18th, 2020

Strange times, uncertain times, however you like to say it, it is. The U.S market took a tumble in March and with Stay-at-Home orders placed across not just the nation, but the globe, many were expecting that downward trend to continue.

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  • Author- Clay Wood
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If your business received a PPP loan you need to be careful budgeting

Submitted by BCR Wealth Strategies on May 8th, 2020

Part of the CARES Act designed to stimulate the economy and keep people employed called the Paycheck Protection Program (PPP) offered loans to small businesses that would be forgiven “tax free” if used for payroll and expenses related to keeping employees working.

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  • Author- Marshall Rathmell
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Taking Care of Yourself During COVID 19 Safer at Home

Submitted by BCR Wealth Strategies on May 4th, 2020

We’re all in this…well, not actually together, but we are all experiencing the same disruption of our usual schedules, isolated at home, additional responsibilities of not just our job, but possibly also home schooling, keeping up with the current government restrictions, one way aisles at the grocery and the list goes on and on.

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  • Author- Sandra Cleveland
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Do You Want to Own the Casino or Visit the Casino?

Submitted by BCR Wealth Strategies on April 27th, 2020

I want to own the casino.


I know that against the best players I will win about 50.5% of all hands and against the masses I will win 52% of the time. If I’m playing every single hand in the building 24/7/365, I’m going to make a lot of money. I want to own the casino.

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  • Author - Mark Hume
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PROTECT YOURSELF!!! Scammers are targeting you are your loved ones more than ever

Submitted by BCR Wealth Strategies on April 23rd, 2020

As COVID-19 has changed the way we all live, it has also created massive amounts of noise and distraction from critical things we all need to know and remember. We have been increasing our posts so that our clients, friends, and readers are provided pertinent information.

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  • Author- Marshall Rathmell
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The Real Value of Your Emergency Fund

Submitted by BCR Wealth Strategies on April 20th, 2020

These times – the 2020 COVID 19 pandemic – highlight the value of a personal emergency fund more than ever. 

When you have your regular paycheck rolling in, with no disruption in sight, you may not value your stashed cash for emergencies in the same way you do today. 

Right now, you may be wondering, why didn’t I stash more?

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  • Author- Sandra Cleveland
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Don’t let your money go somewhere else!

Submitted by BCR Wealth Strategies on April 15th, 2020

Right now, a lot of people are focused on the federal government stimulus plan and how the funds may benefit them. It is important, but I am concerned that we are not as focused on another program that every American should be paying attention to.

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  • Author- Marshall Rathmell
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Happy and Healthy at Home

Submitted by BCR Wealth Strategies on April 13th, 2020

At this point in the nationwide COVID-19 quarantine, you may be having a hard time staying sane. I am hoping you have found something that is helping to keep you motivated, happy, and healthy. If you are struggling here are some ways to improve your life while trapped.

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  • Author- Clay Wood
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2020 RMDs

Submitted by BCR Wealth Strategies on April 8th, 2020

With everything happening right now, a lot of different parts of your life have been affected. From your health to your finances, it may be overwhelming to keep up with it all.

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  • Author - Lindsay Birchfield
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