If you create a successful business, paying taxes is inevitable. But it can be a lot less painful if you use the tax code to your advantage and maximize your business's tax deductions. Bookmark this business expenses list and utilize as many tax write-offs as you can to save money for your hard work. Running a business is a lot of fun until the tax man comes beating down … [Read more...]
LINK by Prudential Review: Reach Financial Goals Easier
One of the main reasons I was able to leave my office job to pursue my dreams as a writer, small business owner, and now be a stay-at-home-mom is financial independence. I became financially independent through discipline, setting goals, and educating myself on personal finance topics. It wasn't always easy! In today's hectic and competitive world, designing a clear financial … [Read more...]
Are You Willing To Move Back In With Your Parents To Save Money?
Another fresh batch of college graduates are tossing their caps in the air. While I'm sure all of them are thrilled to toss out their books and be done with finals, it's hard to say how many are actually excited about entering the work force. It's competitive out there, and graduating with a job offer in hand isn't guaranteed anymore. My babysitter is a perfect example. She's … [Read more...]
Do you have these top 10 traits of the rich?
"I wanna be rich, lalala lalalala. Full of love, peace and happiness." When I was in fourth grade, R&B duo Calloway came out with their top 10 hit single, "I wanna be rich." Perhaps you remember it. It's quite a cheesy song, but it's upbeat and super catchy. I have no doubt I will be singing that song for the rest of the day because it'll be stuck in my head. I used to … [Read more...]
How much should you save for retirement by age?
Does retirement seem like it's ages away? Even if yours is several decades away, it's never too early to start saving for it. The sooner you start, the better actually. Unfortunately, most Americans aren’t anywhere close to prepared for their retirement. The Employee Benefit Research Institute reported that 41 percent of households aged 55-64 have zero retirement savings. Zero, … [Read more...]