Latest LIVING News
Marijuana business booming in New York with more than 300 pot shops reported across state
After a slow rollout, New Yorkers have been flocking to pot shops…
Is the Multiracial Coalition Fracturing? – ThyBlackMan.com
Like Like Love Haha Wow Sad Angry 1 (ThyBlackMan.com) Last month, Donald…
Nation’s No. 1 2025 basketball recruit Aaliyah Chavez named ‘Top 25 young Latino athletes to watch’
One publication dedicated to "celebrating the Latino story in sports" has placed…
Javier Palomarez, USHBC President & CEO, Congratulates Congressional Leadership on Their Elections
WASHINGTON DC, DC, UNITED STATES, January 3, 2025 /EINPresswire.com/ -- The United…
Police Stop Profiling Data Report
Report focuses on policing of youth and its impacts The California Racial and Identity…
Rhode Island Marijuana Officials Prepare To Release Draft Rules For Legal Market
“We’ve been doing a lot of work, as last year demonstrated, breathing…
Kern Hispanic Chamber Of Commerce Businesses Academy starts the 7th
BAKERSFIELD, Calif. (KERO) — Some people dream of owning a business but…
Holiday Fund: East Palo Alto nonprofit evolves to support Latino needs
Executive Director of Nuestra Casa Miriam Yupanqui stands in front of the…
![Figure 1: A dot and whisker plot showing the unadjusted and income-age adjusted difference between small business owners and non-owners for seven metrics of income volatility. The y-axis is the seven metrics of income volatility: volatile income, any drop in income, difficulty paying bills, any unexpected expense, credit card late fees, more than 3 overdraft fees, and more than 3 NSF fees. The x-axis is the difference between small business owners and non-owners in percentage points. The line color is unadjusted or adjusted difference. The dot is the coefficient estimate and the whiskers are the confidence interval. The unadjusted difference in volatile income between small business owners and non-owners is 30.1 percentage points with a confidence interval of [22.9, 37.4], the adjusted difference is 32 with a confidence interval of [24.9, 39.1]. For any drop in income, the unadjusted difference is 20.6 with a confidence interval of [13.2, 28.1], and the adjusted difference is 23.1 with a confidence interval of [15.8, 30.5]. For difficulty paying bills, the unadjusted difference is -.5 with a confidence interval of [-7.9, 6.8], and the adjusted difference is 4.6 with a confidence interval of [-2.4, 11.6]. For any unexpected expense the unadjusted difference is 6.5 with a confidence interval of [0, 13.1], and the adjusted difference is 6.2 with a confidence interval of [-0.2, 12.7]. For credit card late fees, the unadjusted difference is 3.7 with a confidence interval of [-3.8, 11.3], and the adjusted difference is 3.5 with a confidence interval of [-3.4, 10.6]. For more than 3 overdraft fees, the unadjusted difference is 6.4 with a confidence interval of [0.1. 12.7], and the adjusted difference is 9 with a confidence interval of [2.3, 15.6]. For more than 3 NSF fees, the unadjusted difference is 4.8 with a confidence interval of [-0.4, 10.1], and the adjusted difference is 5.6 with a confidence interval of [0, 11.2].](https://hispanicbusinesstv.com/wp-content/uploads/2025/01/cfpb_the-financial-security-of-small-business-.width-800-330x220.png)
The Financial Security of Small Business Owners: Evidence from the Making Ends Meet Survey
Small business owners experience more volatility in their personal finances than non-owners.Despite…
