Successful business man and entrepreneur Donnell Bobo and his team are working very hard in the Saint Louis region not only to help people understand why it is imperative to have good financial health, but also to guide them to that path. The company has been around for 10 plus years, with Bobo being the founder. He is a self made man who prides himself in the excellence of his self and his team and the services they provide to consumers.
“We maintain the highest level of financial consulting and management when it comes to our services and technology we offer to our clients. Those services include but not limited to: tax planning & tax consultation, personal credit & debt issues, budgeting and budget planning, business development, investments, business opportunities, and overall financial health,” says Bobo who has been a part of the industry for over 10 years.
Read this article for some insite on how to prepare yourself financially in this day and age!
Surviving our economic crisis: A proactive approach
Financial Strategist, Donnell Bobo’s tips for a successful financial year
by Abesi Manyando
In a recent article from “An Economy in Crisis,” writer George Barlow wrote the following; “The U.S. economy is in dire straits. Americans can tell something is wrong, but they can’t put their finger on what the problem is. Our country was once a leader in productive manufacturing, but now we have been relegated to a “service economy” where we make nothing of value. Some Americans have been able to maintain their former standard of living, but our whole nation is living on the back of mounting debt. This is unsustainable and will ultimately lead to the total collapse of our economy if nothing is done to stop it.”
Many Financial analysts agree with Barlows’s sentiments about the economy. More and more Americans are struggling to make it without being consumed in debt. Financial Strategist and owner of DB Enterprise Financial, Donnell Bobo states that “times are difficult for the average American family but there are a few things that people can do to not be harshly victimized by our staggering economic crisis.” Perhaps the suspended state of economic despair will not last much longer but nevertheless Bobo suggest that we could make the following provisions to have a better financial year.
For people who work a 9 to 5, Bobo suggests that there is nothing wrong with starting your own business on the side. If you have a skill or craft, you can turn that into something profitable or it can be an extra income to add to your earnings. Find something that you enjoy doing and see how that skill can translate into dollars for you.
Once you have created a business that reflects your interests, you can think about creating capital through business credit. If your business is structured correctly you may build the business credit for your new company.
Depending on your ability to take risks or not, purchasing penny stocks may be a good idea, whereas penny stocks can have a good return.
In the event you do not have readily accessible capital, I would recommend taking up a trade of some sort that will give you more skill and ability to prepare yourself for the real world.
And for those of you who have a tax return we recommend making a secure investment with your money rather than buying frivolous and unnecessary items. Such investments: CD, mutual fund, bluechip stocks, and real-estate. This is the time to maybe think about buying a piece of property which will be very beneficial in the long haul.
Along with being the CEO of DB Enterprise Financial, Mr. Bobo is also the owner of UCS Credit Repair and Cybernetics Technology. Cybernetics uses the state of the art project management tools to monitor and manage tasks and projects on a daily basis. Bobo also works with under-privileged families educating them about financial literacy and credit rights. Donnell
Bobo can be reached at: