5 Ways to Get Ready For The Upcoming Tax Season
Money Management Made Simple
April 15th came and went - and hopefully, it wasn't a painful tax day for you! Believe it or not, it's never too early to start thinking about next year. If filing your taxes was a headache and a hassle in 2022 - here are a few tips to get you prepared for April 15th of 2023. Putting yourself in the best tax position involves planning rather than waiting until the last minute. I'm going to give you five tips to get your taxes on track for 2023.
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How To Make Money During A Recession - Part 2
Money Management Made Simple
In the last part of this series, I talked about some simple ways to make money during a recession. I'll continue the discussion - giving you more ideas to make money during an economic downturn. The key is to implement different tactics and diversify your efforts. Making money when things sing down isn't impossible, and thinking outside of the box can help you make great strides!
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How To Make Money During A Recession - Part 1
Money Management Made Simple
The threat of a recession can be scary! You might wonder how you make money if you lose your job or the stock market crashes. Fortunately, you have ways to make money during a recession - it just requires some thinking outside of the box.
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What Are The Effects Of A Recession On Families?
Money Management Made Simple
Unemployment is the biggest risk families face during a recession - but it isn't the ONLY risk! Unfortunately, the effects on families during a recession often go unnoticed because the media focuses on unemployment. Understanding how families are affected can help you determine how to protect yourself best.
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Preparing Your College Student For Financial Success
Money Management Made Simple
Preparing your child for success in college means many things. Not only must your child learn to live on their own, but they must also know how to handle their finances. In the first part of the series, we talked about setting your child up with a student checking account. We'll talk today about your student's financial success, and teaching your child how to budget. This is one of the most important things you can teach your college student, and the spend-save-give method is the easiest way to teach them.
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Student Checking Account Edition
Money Management Made Simple
Back to school is just around the corner, and parents of college students are preparing their kids to be away from home. While you talk about the ins and the outs of living on their own - ensure you're prepping your child financially, too! Now is perfect if they've never handled their own money, or owned a checking account. A student checking account is a great way to set your child up for success. A student checking account is affordable and helps your child learn how to manage money quickly. It can be scary to send them off on their own, but giving them the right tools is much easier for...
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Is Your Cost Of Living Too High?
Money Management Made Simple
We're going to ask the famous question - is your cost of living too high? Your cost of living is an opportunity cost for saving or investing in the future. The MORE it costs you to live, the LESS you can save. While everyone has daily costs of living, you might be paying more than you realize. Here's how to tell if your cost of living is too high, and how to fix it.
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It's Time For A Financial Check-Up
Money Management Made Simple
It's that time of the year again! Tax time is over and we're midway through the year. Now is a great time to check in on your financial planning and goals. Reassess where you stand, and how close you are to reaching your goals. This is a great time to make changes, or pat yourself on the back for a job well done because you are on track. Here's how to check in with yourself mid-year.
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Inflation: What Is It And How Does It Happen?
Money Management Made Simple
What is inflation and how does it happen? You've probably felt the effects of inflation by now - at the gas pump, grocery store, or even at your local restaurants. Prices everywhere are increasing due to inflation, or the increase in the cost of living. Suddenly it is more expensive for us to do things we do on a normal basis. While it is frustrating and possibly even scary, knowing what it is and how it happens can help you get a better understanding.
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How to Plan for Unexpected Expenses
Money Management Made Simple
Unexpected expenses pop up at the worst time. When they aren't handled right, they can ruin your business model. But, when you plan for them - even though they are unexpected - you can work around the issue and keep your business on track. Unexpected business expenses happen at the worst times - but that doesn't mean you can't look forward. Instead, assume what you MIGHT face, and create a plan to tackle them. We're going to talk about some quick ways to prepare yourself for these unexpected expenses.
info_outlineThe threat of a recession can be scary! You might wonder how you make money if you lose your job or the stock market crashes. Fortunately, you have ways to make money during a recession - it just requires some thinking outside of the box.