The typical education curriculum generally leaves a disappointingly large amount to be desired when it comes to financial education.
The following things are some of the most important financial lessons that just aren’t taught in school, but should always be taken to heart.
Saving is more important than earning
Plenty of people love the idea of making lots of money, but one of the biggest financial lessons to learn is that it’s more important to focus on not losing money. Unnecessary spending is one of the biggest personal obstacles for people of all income levels, and so it is essential to learn how to set up a budget a precisely as possible. Continue reading
Providing reasonable benefits to your employees is a standard part of procedure. However, you want to do more than offer just the basics. Instead, you want to ensure that you examine the packages to offer your employees fair benefits for their work. Doing so can help to increase morale, which can then have a positive impact on the success of your business. Continue reading
Money is something that you will always use and can never have too much of. However, it is limited resource that needs to be managed to ensure that you always have enough to live a comfortable lifestyle.
What are some thing that you can do to establish financial literacy or expand upon the knowledge that you may already have about money? Continue reading
Many people seek to improve their personal finances, but are unsure how to go about it. Well, the good news is that the answer may just be a click away. With these 4 personal finance tools, anyone can improve their finances with just a few clicks. Continue reading
In today’s world, technology has made it easy to conduct business around the world. However, it has also made it much easier for criminals to commit fraud against businesses. With small businesses losing $150,000 annually due to fraud, the problem is getting bigger each year.
As a result, more businesses are turning their attention to finding ways to prevent fraud. Whether it’s credit card fraud by a customer or theft by an employee, there are many ways businesses can reduce or eliminate fraud being committed against them. Continue reading
Just about everyone from financial gurus to employers to the government will encourage workers to sock away a portion of their hard-earned cash each pay period for retirement.
While there are some studies that indicate quite clearly that many have either been unwilling or unable to do so, there are other Americans who have been able to save a nice nest egg for their golden years. Recommendations on how to spend down this stash of cash are a bit less common. Here are some tips that can help you ensure that you do not run out of cash in retirement. Continue reading
You may have heard of the Dow or even know what a stock is. However, do you know what it means to invest in the stock market?
While this may surprise you, you may already be invested in the market if you have a 401k or have company stock options or some other ownership stake. What should you know about the market before you start investing to help you make better decisions? Continue reading
Starting a new business is both exciting and challenging, and It can also be overwhelming trying to come up with financing to get the venture off the ground.
Where should you turn for the help that you need to get going?
Taking out a loan from a bank or a credit union is the most traditional route for obtaining funding. While banks are sometimes the source of Small Business Administration (SBA) loans, the conventional loans that banks handle may be a better option in some cases.
For starters, SBA loans are backed by the government, which means there are often stringent terms attached to the loan. Without government involvement approval time is usually faster. Continue reading
Here is my second stock photo attempt, just in time for tax season. This one didn’t require any expensive props either but I did have to use my son’s glue stick to hold the sheets together. Feel free to use this image, just link to www.SeniorLiving.Org
Filing taxes can strike fear into the heart of even the bravest people. After all, no one wants to come under the scrutiny of the Internal Revenue Service or be flagged for an audit.
When income is low and taxes are simple, preparing your own return with the help of tax preparation software is relatively straightforward and the risks of being chosen for audit is usually very minimal. However, there are many cases, even when your annual income is low, that hiring a tax professional to prepare your tax returns is a much smarter and safer option. Continue reading
As your business starts to grow and expand, you might consider hiring an accountant. Depending on how badly you need one, you might be tempted to hire the first or second one you come across. However, this could be a critical mistake. Accountants play a vital role in your business, and any mistakes could be devastating.
Accounting mistakes could result in lost profits or legal trouble. Thus, it is important to ensure your potential accountant is reliable and dependable. Be sure to check their education, work history, and references. Continue reading