Financial independence is often associated with the FIRE movement, but it doesn’t necessarily mean retiring early. You may know that FIRE stands for “financial independence, retire early,” but the FI part of that is really the core thing to pursue. Let’s talk about how pursuing financial independence benefits you, whether or not you want to […]
aThere is nothing inherently wrong with social media. It provides a convenient platform for connecting and engaging with people. But there is a darker underbelly that can emerge the more social media is used. Unlike in 2007 when only Myspace was around, you’ll be hard pressed to find anyone who isn’t influenced by social media […]
It’s that special time of year. Snuggled right in with Black Friday, Cyber Monday, Thanksgiving, and the start of real holiday shopping — the Open Enrollment Period for your health insurance plan. If you are not sure how to get your own health insurance, this guide will help you compare health insurance plan options. “Navigating […]
I’ll be the first to admit it. I’m exhausted by COVID-19 — just as I’m sure that you are. But, that doesn’t mean you should completely ignore it. If you do, you may not only be putting your physical health in jeopardy but also your financial future. The pandemic has caused job loss or a […]
Many of us have older relatives that are already enjoying retirement or are just a few short years away. One of the most caring things you can do for your older parents, aunts, uncles, or other relatives is to make sure they’re all set for retirement. A recent Federal Reserve report showed that 13% of […]
Lending restrictions might push a lot of companies from getting a loan to a different country. Loan restrictions are a very normal occurrence in the business world and many times these businesses would prefer to look for loans offshore instead of getting funds from their own country. You don’t need to worry about going to […]
As a business owner, you have an assortment of retirement options. These range from the straightforward, think an Individual or Simple 401 (k), to the more complex, such as a Money Purchase Plan or Profit Sharing. However, for many, the creme de la creme is a Roth IRA. Why? Because not only is able to […]
How do you pay your employees? In most cases, workers are paid wages or a salary via cash, checks, direct deposits, or even with a mobile wallet. For startup founders, who are on a tight budget, they may pay early team members with equity. Regardless of the exact method, this compensation is subject to employer […]
It should not shock you to learn that daily reading — an incredibly simple task — is a habit common to many self-made millionaires. 85% of millionaires reading at least two books per month, studying various topics including leadership, career development, and all things money — including management and mindset. Here are ten money mindset books. […]
There’s nothing routine about freelance work. Hours stretch beyond 8 to 5. Rates vary from client to client, project to project. Even once your work is done, paydays don’t always arrive on time. For these reasons and more, regular personal finance tips don’t always apply to freelancers. The irregularity of freelance work requires a great […]