Many credit card companies allow cardholders to designate authorized users on their account. This allows children, spouses, family members, and even friends and employees to access the cardholder’s line of credit. This can also help […]
In the course of doing business, there are costs and expenses that are not directly related to creating products or services, but must still be paid on an ongoing basis. These are called “overhead costs” and are […]
Being a parent has its rewards, but money usually isn’t one of them. Not only do kids cost a lot to raise—what with food, clothing, doctor bills, and the occasional visit to a Disney property—they […]
Do you carry cash? Are you carrying cash right now? If you had to make a cash purchase, would you need to make a quick trip to the ATM? If you answered no to the […]
Today’s business word of the day is “nexus” (pronounced nek-səs, plural nexuses). According to the American Heritage English Dictionary, the definition of nexus is a connection or link. The term could also refer to a connected […]
Amid the blizzard of news coming out of Washington, D.C., these days, you might have missed that The Federal Reserve raised interest rates again a couple of months ago. For anyone with significant savings parked […]
Getting stuck in a car loan that doesn’t fit your budget or paying a sky-high interest rate takes a lot of the fun out of owning your vehicle. One way to solve the problem is […]
As an independent contractor, you’re responsible for paying self-employment tax on any income you make. Self-employment tax can come as a shock, especially when filing your first tax return as an independent contractor. The IRS defines […]
You don’t have to be born into a rich family or win the lottery to accumulate wealth and enjoy a comfortable lifestyle. But you have to be disciplined and understand what it takes to get […]
Do you have both a debit and a credit card in your wallet? If so, you probably know that the money comes from different places when you swipe to pay. But the source of cash […]
Electronic check, or eChecks—also referred to as electronic check conversions, or back-office conversions (BOCs)—are secure digital versions of paper checks. Using eChecks in your small business saves time and money, as well as providing additional […]
Your credit score dictates a lot about your financial situation, so it’s understandable that you want to protect your score and keep it as high as possible. If past financial mistakes are dragging down your credit score, […]
Some things in life are just easier to ignore, especially when we feel powerless. Take data breaches, identity theft, and credit card theft, for example. While it may seem that there’s little you can do to avoid […]
New parents might wonder how they can afford college for their child. With tuition costs and student loan debt on the rise, parents should start preparing for their child’s future as soon as possible. Enter […]
Tracking inventory can be tedious work, but it’s vital to running a business. Inventory management systems are designed to handle most of the administrative work, making it easy to put an important part of your […]
Choosing a personal brand is a rare opportunity to decide how the world will view you and — by extension — your company. It’s a task as exhilarating as it is daunting. Your personal brand […]
With every tax season, many self-employed people and small business owners start to sweat their tax deductions. One of the greatest areas of concern year after year is business expenses and receipt capture. In a recent […]
More young adults are pursuing higher education than ever before. According to the U.S. Census Bureau, 19.1% of adults age 25 and over have a bachelor’s degree, a number that’s been on the rise since […]
Data security and fraud prevention are two of the biggest challenges facing small business owners today. When scammers gain access to sensitive personal information such as customer data, log-in credentials, and account information, the results […]
A settled debt is better than an unpaid, past-due one on your credit report, but settling a debt can often hurt your credit score. That’s because settling a debt means you didn’t pay it as agreed. How […]
As a manager, it may feel like the closer you get to the top, the more people need your time. Small tasks such as approving time cards, training new hires, or completing assignments get less […]
A household bringing in $100,000 each year should be on firm financial footing. But depending on where you live, that amount might be barely enough to scrape by — or might not even be enough […]
Cosigning on a loan is a generous act. After all, you’re putting your money and your credit on the line to back the borrower — you’re saying that you have faith in their ability to […]
When running a small business, you can’t rely on your gut instinct all the time, especially when it comes to evaluating your company’s financial health. You should be objective rather than subjective when determining the financial […]
As a college student, you’re likely in need of some extra cash. After all, you have tuition, books, living expenses, and entertainment to pay for. The good news is that there are a variety of […]
There are plenty of ways to earn credit card points that don’t require you to travel the world. Even if you are an avid traveler, most point-earning potential is likely to come from your day-to-day spending habits […]
Paying off debt to qualify is a wonderful way to drive borrowing power. For example, let’s say you have a couple of credit card payments totaling $300 a month with some relatively small balances. Upon […]
Flood insurance is a type of property insurance that covers what your homeowners and renters insurance doesn’t: damage caused by floodwaters. To protect your home and personal belongings from coastal flooding, river flooding, flash flooding […]
When people think about dangerous jobs, they tend to focus on jobs where people might die. There is plenty of merit to this, as anyone working in a job where deaths are common would want […]
Vacation time isn’t just an essential perk for many employees—business owners deserve a break, too! Vacations can be essential for revitalizing and de-stressing yourself, spending much-needed time with your family, and refreshing your mind with […]