Almost everyone has some sort of debt and economic data shows that this is the case. Between mortgages, student loans, credit cards, business debts, and auto loans and leases (yes, a car lease is debt), many people find themselves allocating large portions of their income towards debt payments. When you are in a position to […]
debts
5 Financial Truths
There is a lot of information out there about finances, and it’s hard to figure out what is exactly true or not true. Always seek the truth, especially from someone that is not trying to sell you something. Here are some examples: College: We are led to believe that all of our children must go […]
How and Why to Strengthen Your Personal Finances to Increase Profits
Most people view their business to be a completely separate entity from their personal finances, and rightly so. This is generally true from a legal, tax, and accounting standpoint, whereas your business operations and finances should be separated from you personally. However, most small business owners are completely dependent upon their business to support them, […]
Don’t Be Embarrassed if You Have Financial or Tax Problems
There is a stigma attached to having financial and tax problems, but it doesn’t have to be that way or it may make the problems worse. Sometimes these problems develop as you become more successful, which easily happens with both celebrities and business owners. Other times they develop due to a quick downturn in business, […]
9 Ways to Reduce Your Money Worries
When we lack money it creates a lot of stress and anxiety, and can be a source of tension in relationships. But how can we make our money work for us? Here are several ways we can take more control of our money to reduce our stresses: Change your thoughts: Reframe the way you think […]
Where is all of the Money Going?
You’re a small business owner, keeping busy, but there always seems to not be enough cash. An entire book can be written on this subject, but here are a few reasons why you may feel your business is short on cash: Taking too Much: Unless you have other income sources, you need to either take […]