Author Archives: Peter D

Three Tips For Budgeting When You’re Unexpectedly Between Jobs

Getting laid off is a devastating life event for anyone to have to bear. It is troubling for a variety of reasons, not the least of which is the fact that you still have to figure out how you are going to survive monetarily. 

A large number of people live paycheck to paycheck. It is not a great way to live, but it is the reality of the lives of plenty of people. Given this, there are a few things worth taking a look at in terms of dealing with this situation. 
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Is Hiring An Outside Contractor Different Than Hiring Other Employees?

Outsourcing some aspects of your business to outside contractors can be a smart way to grow your business without all the added complications that come with sourcing, hiring, training, equipping and managing new employees.

But many small businesses make some mistakes when hiring contractors.

For some, the problem is that they misunderstand the legal differences between contractors and employees, and this can lead them into all sorts of trouble with the Internal Revenue Service (IRS). Continue reading

Don’t Miss These Job Hunting Red Flags

When you find yourself wandering in the desert of unemployment, even a sniff of interest from ANY source can send your heart into joyful palpitations. The only thing that kills self-confidence deader than rejection is being unable to land an interview in the first place.

The bad news is that working for some companies might be worse than no job at all. You need to develop the skill of noticing the invisible red flags waving proudly throughout the “vetting” process. Whether it’s in the text of a job ad or in the midst of an interview, here’s how to save yourself a boatload of woe. Continue reading

Credit Card Myths That Are Costing You Money

There are a lot of myths and misconceptions about credit cards. Believing these myths can cause you to waste a lot of money. That is why it is important to separate the myths from the facts.

Myth: I do not Need a Credit Card

Fact: Many people believe that they do not need a credit card. They think that it is best to use a bank debit card, cash or prepaid card. You do not necessarily need a credit card, but there are a number of benefits that you can reap from having one. If you use your credit card responsibly, then you can increase your credit score. You can also get rewards when you use your credit card. Continue reading

5 Signs That It’s Time To Think About Buying A Home

Whether you’ve been renting for a few months or a few years, you may reach the point where you wonder about buying a place. You’ll have a place to call your very own, and instead of paying rent every month, you’ll be making a payment on a place you own.

Buying a home is a huge decision, and for most people, it’s the biggest purchase of their lives. Here are a few signs that you’re ready to go from renting to buying.

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Four Tips For Saving For A Big Purchase

We all need to buy expensive things at one point in our lives. It could be something really expensive like a new house or a new car, or it could be a big ticket item like a complete home entertainment system. If you find it too difficult to save for something big, simply follow our suggestions below. These tips will definitely help you make that purchase in no time at all.

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Taking The Luck Out Of Business Finance

Over the last few decades, sociologists and behavioral psychologists have been conducting research into business success. Some of the most controversial research has been centered on the arguments framed by Malcolm Gladwell, a respected author whose thought-provoking book Outliers: The Story of Success suggests that luck has a lot to do with business success.

Unfortunately, Gladwell’s observation and research have been widely misunderstood. Gladwell chooses subjects who have experienced monumental success, people such as Bill Gates and Paul Allen, founders of Microsoft. It so happens that these two talented and hard-working individuals experienced a series of lucky breaks in their respected lives; however, they understood how to work those lucky breaks to their advantage. Continue reading

Six Business Finance Lessons For The Year Of The Rooster

We have entered year of the fire rooster according to Chinese astrology. Whether you believe in astrology or not, your business can benefit from lessons the fire rooster has to teach us. Each animal of the Chinese zodiac calendar represents traits people want to embody and qualities that people struggle with. Here is a list of the main business finance lessons year of the rooster teaches: Continue reading

How To Save Money And Still Live Life To The Fullest

There’s a constant battle in life between saving and spending money. You want to enjoy life each day with a decadent cup of coffee, but that trip to Jamaica is calling your name. There are some strategies in life that can help you save money while enjoying it at the same time. You simply need to sit down, look at your financial reality and make some plans today. Continue reading

5 Tips For Starting Your Business On The Right Financial Foot In 2017

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Those who want to start their own business and find success in 2017 must have a plan established to gain financial independence and stabilize the business. For many people, it can be easy to make mistakes that can lead to financial disasters due to a lack of experience or resources.

To ensure that you start your business on the right financial foot in the new year, there are a few important tips to follow that will prove to be effective long-term. Continue reading