We've all seen the funny commercials on TV about why we should get a free credit report, and heard the warnings on the news about checking our credit scores often to prevent identify theft. So how come we never think about doing that for a business? (gasp!) Well, the main reason is because most people don't realize that businesses have credit scores and credit reports in the … [Read more...]
Change From Being A Consumer To A Producer To Grow Wealth
Scrolling through photo blogs and watching ridiculously entertaining movies and shows such as Revenge, Modern Family, True Blood, and Sleepy Hollow are some of my favorite hobbies. Did you know that on average, Americans watch 5:11 hours of TV a day?! (3:14 hours Asian, 4:35 Hispanic, 5:02 Black, 5:02 White, and 7:12 Black, Source: BLS American Time Use Survey, A.C. Nielsen … [Read more...]
The Case For Getting Into Credit Card Debt While Young To Live Better
College was a freaking blast. If I could do it over again, I would have taken five years instead of four if I knew I'd still be able to get a job upon graduation. Super seniors rock! Once you're out, the endless summers are over and it's into the salt mines for years until you finally retire a broken person. When we are young we have all the time in the world but no money. … [Read more...]
What Is A SEP-IRA? Retirement Benefits For Entrepreneurs And Employees
Starting your own business takes some serious hard work. And one of the last things entrepreneurs think about, especially in the first few years, is planning for their retirement. With all of the thousands of things going on right now, retirement seems way out of the picture and too much to deal with. But it's never too early to start saving for your future, and small business … [Read more...]
How To Do Bookkeeping For Your Business In Simple Steps
The word accounting has a dull and even scary ring to it for a lot of people. It's just one of those subject matters that doesn't come naturally to a lot of us, myself included. But understanding the basics of accounting comes in very handy when you're running a business. One of the essentials is learning how to keep proper, balanced records. By the end of this post you'll … [Read more...]