The True Cost of Scaling Your Business
Growth is essential for a business. Not only is it a critical measure of success, but it’s also vital to a business’s survival. Businesses that are not constantly striving for growth risk being overrun by competition or becoming irrelevant in the face of changing trends. However, without a well-conceived strategy and proper preparation, trying to […]
Be Empowered: Why Women Should Learn About Finances
Consider this scenario of a couple. Jane is a successful surgeon who makes good money. Her husband, John, comes from an affluent family and has considerable wealth to his name, but all of it is held in a trust. The couple, for many years, lives off Jane’s salary because it’s plenty to cover their living […]
Retirement Account Tax Changes for 2021
Every year brings new tax rules and updates, so it’s important to take a quick look at retirement tax changes for 2021. Find out about possible tax increases. Manage your tax liability by using your retirement accounts and other tax deductions. Tax Changes for Standard Tax Deductions The standard deductions increase slightly due to […]
Should I be worried about inflation?
Many investors want to know if there are good reasons now to be worried about inflation. Inflation, which is the trend of prices over time to rise, hasn’t reared its ugly head too much so far in the 21st century. In fact, during the coronavirus pandemic, some sectors experienced deflation instead. However, some Americans still […]
Should I Invest in Private Equity?
In recent years, the private equity sector has attracted a lot of attention, especially from high net worth investors asking, “Should I invest in private equity?” These investments are in private, non-publicly traded companies, so many investors in mutual funds and stocks don’t necessarily have access to this sector. Private equity firms you’ve probably heard […]
Kids Need to Understand Taxes
Raising children who understand the value of money gives them an advantage. So, that means your kids need to know about taxes. Of course, receiving a check at their first job for much less than the $15 per hour stated on the employment agreement is one way to find out. Instead of believing that […]
What’s in the American Rescue Plan?
There’s a lot to unpack in the newly-passed, newly-signed American Rescue Plan bill. The goal is to help relieve the economic suffering caused by the COVID pandemic in various sectors. The bill makes unemployment benefits more generous, health insurance more affordable, and having children less expensive. It also reduces the pandemic’s most damaging effects […]
Financial Independence for Women
Your road map to financial security. Women face many unique challenges when it comes to personal finance and investing. Physical and emotional – longevity, more subject to elder abuse, more likely to struggle after divorce or death of partner. Workplace – lower salary over fewer earning years, out of workforce caring for family. Behavioral […]
Smart Credit for Smart People
In the consumer economy, credit is pretty easy to obtain. That often leads to problems for those who don’t know how to use it wisely. At the other end of the spectrum, some people avoid using credit altogether. Smart people use smart credit strategies to maximize their financial position. Credit provides leverage to help consumers […]
Financial Planning and Investing for Women
We’ve put together some ideas for women to get comfortable talking about financial planning and investing. Women face many unique challenges when it comes to personal finance and investing. One big challenge is that money is a taboo topic for women. By one estimate, 90% of women will be solely in charge of their money […]