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For the second year in a row, GOBankingRates is celebrating the small businesses that make our communities great through our 2022 Small Business Spotlight. Check it out, along with other top financial news stories of the day.

We asked our readers to nominate their favorite restaurants, coffee shops, fitness studios, salons, boutiques and more, and now, we’re shining a light on those deserving businesses and the people behind them. Take a look at some of our winners.

Bonus Offer: Open a new Citi Priority Account by 1/9/23 and earn up to a $2,000 cash bonus after completing required activities.

Read the full story here

GOBankingRates readers have cast their nominations for their favorite local businesses, and the one with the most nominations is Bakester’s Pastries in Willcox, Arizona. Owned by Leigha Burris, the bakery-slash-deli-style sandwich shop serves up sandwiches on fresh-made bread, as well as cinnamon rolls, cookies, and biscuits and gravy.

Read our interview with Burris

What is it that makes Americans choose a small business over the number of big-box stores on every corner? A recent GOBankingRates survey found the top 3 reasons why people prefer to shop locally.

No matter which type of small business you frequent — whether it’s a restaurant, a hair salon or a clothing boutique — here are some of the best ways you can support small businesses without breaking the bank.

Read the full story here

Every day, get fresh ideas on how to save and make money and achieve your financial goals.

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