It’s hard to know where to start, but the beauty of a new year is that fresh feeling and resolve to do better! 2019 will be an interesting year as we begin to get accustomed to the new tax laws. This isn’t the only thing we’re worried or confused about! Hopefully this guideline and resources will provide a little bit of help as you navigate through the first month of the new year.
In all cases, “The Numbers Don’t Lie.” Quite often, especially in small businesses, there is a large amount of emotional attachment to particular programs or directions, and they are maintained regardless of the financial consequences. Replace the emotion with numbers. Proper financial tools can identify these mis-directions and provide input on how to fix these issues.
Preparing for taxes definitely seems daunting to most, particularly anyone who is an independent contractor, a business owner, and anyone with multiple sources of income. Something to note though is that most accountants will only be able to file deductions based on what you know about or provide them, so even if you decide to not file on your own it's a good idea to familiarize yourself with all your options. This is your hard earned money and any tax breaks you can get are worth that time!
What is the difference between people with money and investors? It goes without saying that of course, both of them have money. However, instead of spending it blindly, investors spend their money on assets that have potential for promising returns. The key in money management is to stretch your limited resources to buy assets that have the largest potential for returns. Those assets may be education, extending a house, paying down a debt, but can also be in stocks or bonds.
I have always had the “itch” to run my own business. I was raised on a ranch in a very remote area. I had a successful egg sales business from the age of about 8 (my own flock of chickens to sell about 2 dozen eggs a week), which eventually grew into a small cattle operation, which I sold out of by the age of 16
Pedro Larrea (Madrid, 1981) is the author of two poetry books: La orilla libre (Madrid, Ártese quien pueda, 2013) and La tribu y la llama (Madrid, Amargord, 2015). He has published poems and reviews in ABCD, Cuademos de Valverde, Nayagua Calidoscopio, Lateral, Generación XXI Deriva and Fósforo. He made an imminent appearance in the Spanish editorial Renacimiento for his book of essays Federico García Lorca en Buenos Aires.
Last Resort Comedy was founded by comedian Max Rosenblum. In addition to producing four weekly comedy shows featuring some of DC's best stand-up comedians and producing shows with national headliners, Max has been performing comedy in Washington, DC for over three years. In that time, he’s performed at Baltimore’s Charm City Comedy Festival, Artscape Festival, on the acclaimed Los Angeles-based storytelling podcast RISK!, and opened for comedians such as Russell Howard, Bobby Slayton, Myq Kaplan and Jen Kirkman.
Viatek Corporation specializes in providing solutions for waste water collection and treatment, storm water management, soil stabilization, canalization and bridges. Viatek manufactures the VIAVAC Vacuflow Vacuum sewer system and is an alternative to traditional gravity, vacuum or low pressure systems, to provide communities that have limited or no sewer service. They have offices in Puerto Rico, Mexico, Dominican Republic and Panama.
Uproar Coffee is a specialty coffee micro-roaster that focuses on introducing the benefits of fresh, small batch roasted coffee to the public. They also promote coffee growing communities who produce specialty coffee in an environmentally and community friendly way as well as provide awareness about the coffee industry.
I know damn well this post is going to be controversial, but I also know that the opinions I will share aren't mine alone. The majority of people I speak with see the same issues, but no one has any idea what to do about it. All I can personally do at this point in time is write about it and share the knowledge I've gained. I don't consider myself a Financial Advisor. I consider myself an educator and have built my business model in a very transparent way that focuses on providing education and resources to my clients that don't involve selling any additional services or products. We need more educators in this country and less salespeople helping you to deal with your money and investments, and please don't settle for less.
I consider myself an extremely budget conscious person. Just like some people spend a lot of time creating a lifestyle around eating healthy and going to the gym, I like to create and think about a healthy financial lifestyle. Just when you think there is no more room for creating extra realistic improvements, something always pops up.
People ask me all the time about credit cards and how to choose them. If you're looking to choose one and you absolutely love to travel like I do, here's a list of what each one offers you. Please note this does not mean you use your cards as a way to get access to spending money you don't have; you would have to be able to pay off your statement balance each month.
Have you ever wondered why so few US students can actually converse in a second language even after years of studying it during high school and/or college? Maybe they remember a few words here and there and that it may have had a gender system that they never quite grokked?
For me creating a business was pretty hard since I barely had working capital, but luckily I had excellent credit I could use. Here are few steps I took to create my business
Somewhere in most of us, there seems to be a desire to have your own business. Somehow we hope that if we get that one really good idea, that things will just fall into place. This includes us getting the right people together, the money together and then potentially have a shot at making our mark on this world on our own terms.
It's been quite the journey over the last four months with Finer Finance 101 and although we are still in incredibly early stages, there is much to come. The number one question I get is what exactly does FF do?
Tax season has arrived yet again. Most people don't truly understand exactly how your taxable income is calculated, what tax bracket you are in and how our progressive tax system actually works.