Blogs

Washington County Chamber of Commerce Legislative Reception

Patriot recently attended the Washington County Chamber of Commerce, Legislative Reception in Annapolis, MD, networking with business leaders as well as elected officials from the Maryland General Assembly & the Governor’s team. The annual event provides an opportunity for businesses to share…
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7 Reasons to File Your Taxes Early

Filing your taxes can be a bit of a headache each year. While many people may have good intentions of filing as soon as they get their W-2s, the reality is people often procrastinate. Then, before they know it, the deadline sneaks up and forces them to reorganize their schedule to make time to file,...Read…
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The Importance of Identity Theft Protection

Identity theft is a crime where someone uses your name, address, Social Security number or other identifying information to commit fraud. Identity thieves do not just ruin your financial reputation – they also create a lot of stress and hassle for you. If you’re worried about identity theft, you…
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ELDERLY AMERICANS ARE VULNERABLE TO IDENTITY THEFT

Elderly Americans are facing a drastic increase in cybercrime, identity theft and financial abuse. Adults over age 60 last year reported $1.3 billion in cybercrime losses to the FBI’s Internet Crime Complaint Center (IC3) – a 74% increase from the previous year. The fact is, older Americans are a…
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How do I Prepare for a Recession?

All the news I am seeing suggests that our economy may be approaching a recession (or even in one already!). I’m worried about what this means for my finances and I’m wondering what steps I should take now. How can I prepare for a recession?  Economists are divided on whether we’re already in…
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4 New Year’s Resolutions for Small Businesses

It’s a brand-new year, and a new chance at growth for your business. Curious about what your business should be focusing on this year? We’ve got answers! Below, we’ve outlined four New Year’s resolutions for your business. Update your business plan If you’ve established your company the right…
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What Does a Strong U.S. Dollar Mean for the Economy

I’ve read a lot of news about the U.S. dollar growing stronger. What does this mean for the global and national economy and how might it impact me?A strong U.S. dollar has significant effects on all parts of the economy, but its exact ramifications can be confusing. Here are all your questions about…
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Financial Stability in a Recession

Some economists project that a recession is looming in 2023, while others suggest that we’re already in it.  If we apply the rule of thumb for a recession – two consecutive quarters of negative gross domestic product (GDP) growth – then the US is currently in a recession following the last two…
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Step 12 of 12 Steps to Financial Wellness-Review and Tweak

Congratulations! You’ve reached the 12th and final step of the 12 steps to financial wellness. In this step, we’ll review each of the previous steps and adjust this part of your financial health as necessary. Step 1: Track your spending Are you being responsible in tracking your spending? You can…
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How to Budget in Times of Inflation

With inflation at record highs, many Americans are finding it difficult to stick to a budget. After all, when groceries have leapt in price and household staples can be double, or even triple, what they cost just a year ago, how can the same amount of money get you through the month? Sticking to a...Read…
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