Most of us came from the corporate world where working with budgets was an everyday occurrence. So now you are the one in charge and budgeting is the last thing on your mind for your own business. Budgeting is just as important to the small business owner as it is to major corporations. It helps […]
Budgeting Made Simple for the Small Business Entrepreneur
Posted on 30. Dec, 2020 by Linda in Budget, Managing Finances, Small Business Tips
Find a Budget Method That Works
Posted on 29. Sep, 2020 by Linda in Budget, Customers, Employees, Family, Managing Finances, Small Business Tips, Spending
Which unique method of budgeting will work for you? You have your own unique personality, preferences and lifestyle. Likewise, how you manage and organize your finances can have its own personality, including how you budget. Here are five different methods of budgeting, each with a distinct way of helping you organize your spending and finances. […]
Great Tips to Improve Your Credit Score
Posted on 22. Sep, 2020 by Linda in Cashflow, Credit Report, Managing Finances, Small Business Tips
You’re ready to take out a loan to buy a house, a car or get a credit card. You fill out the application and wait to hear from your bank on its decision to loan you the money. And then you get the dreaded phone call. Your credit score wasn’t high enough to approve the […]
Build a Fortress Defense for PPP Loan Forgiveness
Posted on 26. Aug, 2020 by Linda in COVID-19, IRS, Managing Finances, Small Business Tips
More than 70% of small businesses in America now have loan proceeds from the Paycheck Protection Program (PPP) to help retain employees during the current pandemic. The entire amount of a PPP loan is eligible to be forgiven if the funds are used for qualified expenses. Recent legislation liberalizes the terms of loan forgiveness for […]
High School Students! Here’s How You Can Make College More Affordable.
Posted on 24. Aug, 2020 by Linda in Budget, Children, Family, Managing Finances, Misc. Articles
Students can earn college credits while still in high school With the cost of college rising rapidly, it can be overwhelming to think about how to pay your way through school for either yourself or your kids. Fortunately, saving hundreds, even thousands, is possible. Teenagers can help keep down the cost of their future college […]
How Stay-at-Home Orders Change Money Habits
Posted on 05. Aug, 2020 by Linda in Budget, Charitable Contributions, Charitable Giving, Managing Finances, Small Business Tips, Spending
The most fruitful periods of growth often happen when they are the least expected. Teachers and parents call them teachable moments. By reflecting on how you handle the situation, you can learn a lot about yourself. The disruption caused by this year’s pandemic is a massive teachable moment for all of us regarding money. Here […]
Ideas to Help Make Payments During Tough Times
Posted on 20. May, 2020 by Linda in Budget, COVID-19, Managing Finances, Small Business Tips
If you’ve been recently laid off, here’s how you can get some quick cash to help pay your bills. You’re not alone in trying to navigate the financial uncertainty during the coronavirus pandemic. Millions of American workers who lost their paycheck because of COVID-19 need to find creative ways to pay bills. Here are 6 […]
New Rules Mean Saving More for Retirement
Posted on 27. Feb, 2020 by Linda in Managing Finances, Misc. Articles, Retirement Accounts, Tax Tips
The Setting Every Community Up for Retirement Enhancement Act, also known as the SECURE Act, was passed by Congress in late December 2019. Here are some of the features in the new legislation that will help you save more for retirement: Money can continue to grow tax deferred If you turn 70½ in 2020 or […]
Make Your Cash Worth More
Posted on 16. Jan, 2020 by Linda in Cashflow, Managing Finances, Misc. Articles, Small Business Tips
Your cash is parked. Do you know if it’s making or losing you money? For instance, letting it sit in a non-interest-bearing account is a waste of earnings potential. It’s actually losing money if you factor in inflation! Here are some ideas to help you make the most of your banked cash: Understand your bank […]
Do You Have a Revenue Plan for 2020?
Posted on 09. Jan, 2020 by Linda in Managing Finances, Small Business Tips
A great way to start the New Year is to get clear on exactly how you can make your revenue goal number. A revenue plan is the perfect tool. You’ll need to be proficient in Excel, and if not, you can work with your accountant on this very important and enlightening spreadsheet. Start by listing all of your […]