Working as a freelancer or independent contractor is appealing to many workers, due to the flexibility of scheduling, workload, and work style. Some freelancers even earn a higher hourly rate than they did when performing the same work as full-time employees. But tax time can complicate this rosy picture. Freelancers have to file different tax…
March is here and with it some Spring-like weather today. As I sit and write this, the temperature touched close to 70 degrees where I live. There will no doubt be some more cold weather ahead before it is all said and done, but it is a nice relief today. It also serves as a…
As with most financial subjects, getting prepared is key when it comes to handling the health costs that beset you and the rest of your family. Sure, you may think you’re prepared for the majority of medical issues that may arise, but that is hardly ever the case. With unexpected emergencies and changes in insurance…
Managing risk is the most important part of investing. Good risk management will ensure you have the biggest ROI and avoid unnecessary losses. However, managing risks is hard for most investors and it is going to be harder once you retire, especially if you don’t have enough capital flow to risk for investing.
If you are a homeowner or thinking about becoming one, then there may be some major projects or renovations that you’d like to do. These could be expensive such as a kitchen or bathroom remodel or addition. If you are planning to finance a home improvement, then one of the more common things to do is…
Managing your cash flow is crucial for business longevity. Cash flow is what determines whether your business will thrive or not. Despite its importance, many business owners are yet to come up with ways to manage cash flow and ensure business continuity. That makes it hard for them to initiate new orders, reimburse loans, and…