Month: July 2022

Giving Back: Why Philanthropy Is Important
Business and Products

Giving Back: Why Philanthropy Is Important

- by Nathan Robinson

Most people think of philanthropy as simply donating money to charity, and while this is certainly one aspect of philanthropy, it’s by no means the only one. Philanthropy is about giving back to the community in whatever way possible, and there are many ways to do so.

What Is Philanthropy and Why Is It Important?

Philanthropy is the act of giving back to the community, typically in the form of donations or time, and there are many reasons why philanthropy is important. For one, it can help to improve the lives of those in need. When people donate money or time to charity, they’re able to help others in a very tangible way. This can make a huge difference in the lives of those who are struggling, and it can also help to improve the community as a whole.

In addition to improving the lives of others, philanthropy can also …

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How To Pay Off Debt You Incurred During the Pandemic
Finance Business

How To Pay Off Debt You Incurred During the Pandemic

- by Nathan Robinson

The pandemic was a stressful time. Even worse, some businesses were forced to shut down, leaving many people without a job. If you lost your employment, you may have incurred a lot of debt just to cover expenses. 

If that’s the case, don’t beat yourself up. If you didn’t have substantial funds in savings, going into debt was probably your only option. Fortunately, there are ways to pay that debt off.

Consolidate Your Debts

Priority Plus Financial and similar companies loan individuals enough money to pay off all of their credit card debts. These companies can often loan you money at a lower interest rate than what credit card companies charge. Plus, you have one monthly payment instead of several. 

If You Haven’t Already, Create a Budget

List your income sources and then list every one of your debts. Subtract your expenses from your income. If you’re spending more than …

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The Importance of 208 Volt-3 Phase Power
Business and Products

The Importance of 208 Volt-3 Phase Power

- by Nathan Robinson

For industrial plants, electrical service is often provided at 208 volts. That voltage can be supplied as a single phase or three-phase power. Each of these options has its own benefits and drawbacks, so it’s important to understand how they work and what factors should be considered when choosing the right one for your needs. The primary benefit of 208 volt vs 220 volt is the lesser current (amperage). At 208 volts, the load on an individual circuit or device will be less stressful and therefore have a longer life expectancy. Also, 208 volt service may qualify for incentives in some locations where utilities are encouraging customers to adopt more energy-efficient services; generally speaking, lighting loads at 208 volts use less energy than the same loads at 220 volts. 

What is 208-volt single-phase power? 

208-volt single-phase power is used in many industrial and commercial applications. It’s most commonly used to …

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