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26 Companies At Risk of Going Bankrupt in 2020

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26 Companies At Risk of Going Bankrupt in 2020
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With Amazon and the likes taking over the internet is revolutionalizing the retail world. This means the end for multiple big name brands that weren’t able to adapt to changes or suffer financial struggles of their own. Here are 19 companies at risk of going bankrupt and suffer the same faith as Sears in 2020.

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Financial Tip

Did you know that the majority of the population would be able to save much more money every month than they think? When you think about all the non-essential things you buy, it’s pretty easy to believe! According to the long-proven 50/30/20 rule, you should set aside:

  • 50% of your budget for essential expenses such as housing and food;
  • 30%—maximum!—for non-essential spending;
  • At least 20% of your income should be put into savings.

When you think about it, it’s a pretty logical way to manage your finances. Unfortunately, too few people take the time to make a detailed budget and think about it. With our best saving tips article, though, you will be able to get to your goal quickly and, who knows, maybe you’ll have a little more leeway for your non-essential spending!