Get the Best Bank for Your Buck

Posted on 16. Sep, 2021 by in Managing Finances, Small Business Tips

A checking account at one bank is the same as a checking account at another bank, right? Well, maybe not. In fact, according to the J.D. Power 2021 U.S. Retail Banking Satisfaction Study, now 41% of people do all their banking online. This is a pretty big shift from traditional banking. After reviewing the financial […]

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Ideas to Lower Your 2021 Tax Bill

Posted on 27. Jul, 2021 by in Charitable Contributions, Charitable Giving, Children, Managing Finances, Small Business Tips, Tax Tips

Now is the time to begin tax planning for your 2021 return. Here are some ideas: Contribute to retirement accounts. Tally up all your 2021 contributions to retirement accounts so far. Estimate how much more you can stash away between now and December 31. So consider investing in an IRA or increase your contributions to your […]

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Good Debt Versus Bad Debt

Posted on 13. Jul, 2021 by in Debt, Managing Finances, Small Business Tips

How to tell the difference Not all debt is created equal. Knowing the difference can change the way you look at your spending. Good debt adds value Good debt often leads to financial growth, because the product or service being purchased adds more value than the debt that comes with it. Student loans are usually […]

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Know This Number!

Posted on 29. Jun, 2021 by in Cashflow, Managing Finances, Revenue, Small Business Tips

Knowing your net worth and understanding how it is changing over time is one of the most important financial concepts that everyone needs to understand. This number is used by banks, mortgage companies, insurance companies and you! Your net worth impacts your credit score, which in turn impacts your interest rates and things as mundane […]

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The $24,000 Tax Time Bomb

Posted on 10. Mar, 2021 by in Managing Finances, Small Business Tips, Tax Tips

A terrible tax surprise everyone should know What follows is a true story. A story with a sad ending. But one that has a lesson for everyone. Stick with the story, with a high degree of certainty you probably know someone in this exact situation. The ingredients Back in the 1970s, U.S. Savings Bonds were […]

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Budgeting Made Simple for the Small Business Entrepreneur

Posted on 30. Dec, 2020 by in Budget, Managing Finances, Small Business Tips

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 […]

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Find a Budget Method That Works

Posted on 29. Sep, 2020 by 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. […]

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Great Tips to Improve Your Credit Score

Posted on 22. Sep, 2020 by 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 […]

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Build a Fortress Defense for PPP Loan Forgiveness

Posted on 26. Aug, 2020 by 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 […]

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High School Students! Here’s How You Can Make College More Affordable.

Posted on 24. Aug, 2020 by 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 […]

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