Perhaps Kmart’s recent promotion of their layaway plan for back-to-school shoppers was a needed reminder for us all that there was a form of payment used to purchase goods before credit cards became popular.
Five years ago, when the economy was humming, 5 percent of small businesses surveyed by the National Federation of Independent Business labeled "financing" – in other words, borrowing – as the biggest thorn in their paw.
It’s not the kind of anniversary most of us will celebrate with bubbly. In fact, plenty of investors have spent the better part of a year trying to forget the series of events last fall that nearly brought the financial system to its knees and wrecked portfolios everywhere.
Even with the economic outlook improving, wary investors are still parking more than $3.6 trillion in cash on the sidelines. In this five-part series, we offer tips for making that money productive again.