A wise money manager pays attention to their finances on a daily basis – even if they utilize the services of a financial advisor or consulting group. At the same time, it is a good idea to look ahead for future growth opportunities. The year 2020 has been a challenge for almost everyone. It may [...]
The term ‘adulting’ means to adopt habits to help you create and maintain a long-term lifestyle of your choosing while acting responsibly as an ‘adult’. One of the most important actions you can take to meet this goal is to create short and long-term personal financial plans. What follows are some valuable suggestions for moving [...]
It takes more than good luck to achieve business success: financial planning is the key. It is common to set goals that we want to achieve in the short, medium, and long term. That happens not only in our personal life but also in business. A very useful tool to help us achieve business success [...]
To be a successful investor, it takes a lot more than good luck. […]
When planning your retirement income, it is important to remember to factor investment gains and expenses when deciding what type of investment vehicles you want to buy. Sometimes an attractive investment appears to be tax efficient, but the fees and expenses might negate the tax benefits. […]
Personal financial planning is essential in today’s complex economic environment. Creating a personal budget, setting up tax planning, creating a savings plan and account, and addressing debts through the establishment of a debt management plan are critical components. There are often many dynamic factors that are difficult to control and having a finger on the [...]
Non-profit – or NPO or Not-for-Profit (or charity) – organizations are institutions or foundations that dedicate their efforts to and advocate for a particular social cause. According to recent figures there are over a million and a half registered NPOs in the United States and contributions totaled nearly $360 billion. Non-profits are usually registered with [...]
No matter how many times the tax laws for homeowners and businesses have been simplified, it’s obvious that in a nation of 350 million people with tens of thousands of small, medium and large businesses and corporations there are bound to be some complications. Better to acknowledge this reality and use it as the basis [...]
With each new decade ushered in, the ability to maneuver the increasingly sophisticated financial terrain becomes ever more challenging. Even half a century ago, startups required nothing more than a garage and some moxie. Now, organizations of all sizes require greater reflection and consultation in their decision-making across their operational landscape to better ensure profitability. [...]
Financial statements are the lifeblood of a company. They outline the fiscal health of a business by showing the income taken in and laid out (income statements and cash flow), the outcomes of this activity (balance sheet), and if the business has investors – then a statement of their equity. The latter will be the [...]
