Real estate investing can be lucrative over the long haul, but most people never even get started except for owning their own home. How can you get starting without taking upon too much risk? Don’t sell your home: It is very common for individuals to purchase their first home with little money down and then […]
Archives for June 2019
Is Cash Flow Going in the Wrong Direction?
Cash flow. It’s what keeps every business alive just like the blood flowing through your veins. The irony is that although it is extremely important, it is not managed properly by many businesses, even the successful ones. Here are reasons for common cash flow issues and how to fix them: Problem: delays with receiving payments: […]
What’s Your Chance of an IRS Audit?
The IRS publishes statistics regarding the percentage of returns that have been examined by type of return. Not surprisingly, some taxpayers have a greater chance of being audited than others according to the latest statistics. Let’s take a look at some stats: The majority of audits, 74.8%, were conducted via correspondence, and the remaining 25.2% […]
Instead of Taking out More Debt, Do This Instead
One of the first ways most people try to cover a financial shortfall is to incur more debt. Whether this is to support a struggling business or even on a personal level. This may be a solution in some cases or may be used in conjunction with other financial methods. However, there is another solution […]
Use the Snowball Effect to Get Better Financial Results
According to the Cambridge Dictionary, a snowball effect is a situation in which something increases in size or importance at a faster and faster rate. It sounds too simple and general, but it is a useful principle that can be used to achieve significant results over time. Practical examples of this are as follows, along […]
5 Ways Your Calendar Will Help You to Work Less Hours
Are you using your calendar as a tool to be as productive as possible? Most people do not use their calendar in a way to maximize its effectiveness, but if used properly, it can help you to reduce the amount of hours you work. Here are 5 ways your calendar can help you to work […]
Beware of These 3 Conflicts Between Husbands and Wives When Both Work, Which Lead to Marital Tensions
According to the Bureau of Labor Statistics, approximately 61.1% of both parents work in families that have children under 18 years of age. It seems to make economic sense to have both parents working nowadays, but it can create underlying tensions, which you should be aware of: Independence vs. interdependence: Spouses are interdependent upon one […]