News and press releases for Financially Simple, Justin Goodbread, and his team.

November 26, 2020
stack of pumpkins

Pass The Turkey, Comrade: What The First Thanksgiving Can Teach Us About Socialism

Friends, it is a very special day in our nation’s history. This is a time to reflect on how blessed we are, as individuals, and as a nation. For many of us, this day will be filled with good food, football, and family traditions. However, as I said before, this is a time for reflection. Despite the obvious liberties and prosperities that have been afforded to us through our free-market economy, there has been a rapidly growing movement to make the United States a socialist state. As a result, I wanted to take this opportunity to discuss what the first Thanksgiving can teach us about socialism.
November 13, 2020
Justin Goodbread 3 time winner investopedia Top 100

Justin Goodbread Named Investopedia Top-100 Financial Advisor For Third Consecutive Year

It has been said that a shining city on a hill cannot be hidden. Likewise, hard work and a passion for helping others succeed don’t go unnoticed. As a result, we are pleased to announce that Justin Goodbread has been named an Investopedia Top-100 Financial Advisor for the third year in a row! The annual award is given to financial advisors who exemplify an industry-leading ability to reach a large and diverse financial and investing audience. As one of the most engaging, and influential financial advisors in the nation, Justin reaches millions through his Financially Simple podcast, blog, YouTube channel, and published works. Every year, hundreds of thousands of applicants vie for the prestigious honor. However, only the top-100 of those are chosen and Justin is among only a handful who have made the list, three years running. Although Justin is joined by others, on this list, who seek to educate investors, […]
August 11, 2020

What Every Business Owner Should Know About EIDL Loans

Who would have thought that 2020 would bring about so many changes and challenges? Owning a business is already a difficult endeavor but when you add a global pandemic that causes a near-total shut down of the U.S. economy, well… let’s just say it’s not something that most of us would have volunteered for. Fortunately, the Small Business Administration has provided some assistance in the form of the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL). It has occurred to me that many financial experts have reported on the PPP ad nauseam, while the EIDL remains a bit unknown. Join me as I uncover some of the things business owners should know about the EIDL.
May 5, 2020
the hidden tax danger of the PPP loan

PPP Loan and the Hidden Tax Danger

At this point, we’ve all heard about the SBA’s Paycheck Protection Program (PPP) that was rolled out as a part of the Cares Act. There’s even a good chance that you have taken part in this program. While the PPP has many potential benefits to business owners during the COVID-19 crisis, there may be some hidden dangers in it, as well. In today’s blog, I’m going to share some very important information with you. The purpose of sharing this with you is to inform you of some of the hidden danger business owners face with the PPP loan, and hopefully help you to avoid any troubles.
April 21, 2020
PPP Forgiveness Requirements

PPP Forgiveness Requirements: A Business Owner’s Guide to Navigating the Rules

Latest update: 9/15/2020 Business owners all over the country have taken advantage of the Small Business Administration’s Payroll Protection Program (PPP). So many, in fact, that the PPP has already exhausted its $350 billion budget. Although some of you may still be waiting for your funds to be deposited, many others have already received their money. But what do we do with the money now that we have it? After all, the beauty of the PPP is its forgiveness provision. In today’s article, I will detail some ways to get the most out of your PPP forgiveness.
April 2, 2020
SBA Economic Injury Disaster Loan 7a 7b

SBA’s Economic Injury Disaster Loans – Immediate Hope For Businesses

Last update – 4:29 pm, April 6 Over the course of the COVID-19 pandemic, news and information have changed at a frenetic pace.* As the information on the Senate Cares Act was released on 3-27-2020, it was already in the process of changing. So what has the Cares Act changed for us, as business owners, in regards to the Economic Injury Disaster Loan? What do we do with this new information? Who is eligible? What portion of the loans will be forgiven? These are just some of the questions that we will address as we look at the update to the Cares Act and what to do now.