Personal finance site The Billfold is shutting down

Nicole Dieker of The Billfold announced Wednesday that the personal finance site is closing.

She posted the following Q&A:

So… what happened?
I made the mistake that many first-time small-business owners make: quickly setting up an LLC through one of those online legal services instead of discussing everything with a CPA and a lawyer first. (This mistake was compounded by the fact that The Billfold LLC was an offshoot of an existing business rather than a new business.) After beginning the 2018 tax process, realizing what I’d gotten myself into, and having the CPA/lawyer conversation that I should have had a year ago, I evaluated my various options and chose this one.
Wow, I’m sorry.
Yeah, me too.
Are you shutting down, like, today?
No. Billfold posts will continue to run through Wednesday, February 20.

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.