Following GAAP and knowing the rules and their proper application will help make your financial statements useful and keep you out of hot water. If you are looking for bite-sized chunks of accounting – given to business owners by the business owner, this is the right spot! What are GAAPs, and why are they essential… Continue reading What is GAAP?
Category: Finance
Accounting Basics – What You Need to Know!
From the time we’re children, most of us learn to count. In turn, we start saving and spending money as adults to balance our checkbooks and improve our lives! No business, small or large, can avoid accounting basics. The accounting process is essential for any business. What is an accountant, and what do they do?… Continue reading Accounting Basics – What You Need to Know!
6 Tips To Manage Divorce Finances – Recover and Thrive!
You are going through an emotional rollercoaster after breaking up from marriage but don’t give up hope, as there may be light at the end of the tunnel soon enough. Gather all your financial information If you are considering divorce, it is essential to gather all your financial information ahead of time. This includes documentation… Continue reading 6 Tips To Manage Divorce Finances – Recover and Thrive!
Is a Savings Account Still Worth It
You’re probably not saving your money with a financial institution in vain. After all, they pay very little interest, to begin with, and it can be difficult for them to do any better than that, given the current economic environment. Fortunately, you can use some simple strategies to help get the most out of your… Continue reading Is a Savings Account Still Worth It
Don’t Bust Your Budget
A typical budget buster might be to blame if the balance in your savings account isn’t growing fast enough. Sadly, you’re not alone in missing your financial goals. According to a June 2014 survey by Bankrate.com, 75% of Americans have no savings and live paycheck to paycheck! Are you one of these? What is a personal… Continue reading Don’t Bust Your Budget
4 Tips To Budget Success
You can create a budget supporting your dreams while ensuring the necessities are taken care of. Make a budget and stick to it. While it can be challenging to stick to a budget, making and maintaining a budget is essential in taking control of your finances. Creating a budget involves thinking critically about your spending… Continue reading 4 Tips To Budget Success
Don’t Let Kids get Your Finances Off Track
Important Financial Considerations Before the Birth of Your First Child Expecting your first child is an inspiring event, and the financial aspect of raising a child is probably not the only thing you have on your mind. However, having a child means you’ll soon have some new responsibilities, including preparing for your new arrival from… Continue reading Don’t Let Kids get Your Finances Off Track
6 Must Haves To Maximize Business Valuation
Business Valuation Is Your Key To Wealth For the last 20 years, I have been on the buy-side and sell-side of multiple business transactions. If done right, it is the one surefire way to build intergenerational wealth. Many entrepreneurs have unique and highly profitable businesses. However, that doesn’t necessarily translate into a business you can… Continue reading 6 Must Haves To Maximize Business Valuation
8 Ways To Save On Car Insurance
8 Ways To Save On Car Insurance Car insurance is expensive! You finally bought that car, truck, or SUV you’ve always wanted. Now you have HIGHER insurance costs, potentially on top of higher monthly vehicle payments. Sometimes a quick list can help cut those insurance costs down to size. When looking for ways to reduce… Continue reading 8 Ways To Save On Car Insurance
Earth Day Special! Ways To Save Money By Going Green!
This week was Earth Day! Every year on April 22, Earth Day marks the anniversary of the birth of the modern environmental movement in 1970. Today, Earth Day is widely recognized as the largest secular observance in the world, marked by more than a billion people every year as a day of action to change… Continue reading Earth Day Special! Ways To Save Money By Going Green!