Debt – ah, that four-letter word that sparks fear and frustration to the hearts and minds of a lot of people today. Having debt can be extremely frustrating. Debt is discouraging especially if your goal this year or in the next few years is to be financially independent. Really, COVID has put us all under […]
When events such as COVID-19 occur, investors often feel at the mercy of wildly fluctuating portfolios. Investing in the market involves risk — your portfolio will go down. And according to the math of percentages, the more significant your losses, the more returns you’ll need to break even. If you lose 10%, you’ll need to gain 11% to recover, […]
Retirement can be scary, no matter who you are. It makes sense that some people are nervous about retirement. How much money do you really need for 20 years? What about 30 years? Will you get bored? Will you be lonely? Planning ahead and predicting the future is extremely difficult. It’s tempting to just make retirement planning tomorrow’s problem. […]
Freelancers run their own show, but enjoy fewer workplace protections and conveniences than W2 workers. One way this really exhibits itself is with fees. Freelancers can find that fees cut into their earnings at an enormous rate. If a freelancer works for 7 clients in one month and pays a 5% fee on each payment, […]
One of the biggest problems faced by businesses today is maintaining liquidity or access to public funding. This is most true for startups, which often take funding from wherever they can get it in order to bring their business plans to life. Small business loans and private equity or venture capital firms tend to be popular sources, […]
When you’re self-employed, increasing business is a constant effort. Normally, you’ll do this by growing your main business. But you can also do it by adding income streams, from sources not directly related to your main business. Usually those income streams will mostly provide additional revenue. But sometimes they can even be used to increase […]
Finding out that you owe taxes can be a bit unnerving, especially if you owe more than what you expected. Don’t worry — it is not the end of the world if you’ve gone through the numbers and you’re left with a tax bill. Here are a few steps to take: Get Ahead of It […]
Today, we are privy to a lot of information about everyone’s lives. We can follow friends, family members and celebrities on Instagram, Twitter, Facebook, Pinterest, SnapChat, and more platforms. We can get newsletters from any blog that we like. Our phone will send us alerts anytime someone likes one of our posts. And all of […]
Let’s take a moment to answer a few questions: How do you cover expenses while you’re waiting for your biggest customer to pay last month’s invoice? Can you book a trip to pitch your most valuable prospect without worrying about the cost? (Or better yet, can you book it using only credit card points?) How […]
Over the last few years, cryptocurrency has evolved from a buzzword to a notable investment. Still, financial analysts across the board agree crypto is a speculative play — some going so far as to call it the next dot-com bubble. I don’t believe that it’s a bubble like we saw in the dot-com era, but I understand why cryptocurrencies’ […]