The US Labor of Statistics reveals that even though small businesses make an important contribution to the economy, many of them fail inevitably. Further findings related to the survival of businesses within the nation also disclose some very hard to digest results. These included data which showed that as little as 66% of new establishments.. [Read More]
We all must have certain skills to improve our financial future. You need to learn how to manage your wealth, especially if you have poor money habits. Financial skills allow you to make intelligent decisions with your money. Everyone should be capable of doing the right things with their money to have a good and.. [Read More]
I frequently work with busy Philadelphia bankruptcy attorney David M. Offen, and these tips are among the information he imparts when he counsels his clients who have financial difficulty. 1. Learn to Live Within Your Means This is the first tip for a reason. “Living within your means” means having enough income to pay for.. [Read More]
I often discuss finance on The Stuff of Success. Just like you, it often feels like every extra dime I get comes at a time when there is some sort of crisis to take it all away. I work a full time job as an urban public school business administrator and I blog. In addition.. [Read More]
Okay, so you’ve accepted the fact that you’re an adult, but you’re wondering when you’re supposed to start this thing called ‘adulting’. Although there are many perks to being an adult — such as deciding on your own bed time and not having to do homework — there are many responsibilities that come with growing.. [Read More]
While I was growing up my father always handled all the bills – everything. My mother turned over her paycheck (when she did work – a portion of the time she was a stay at home mom) and he gave her an allowance. I know we didn’t have much money in those days – probably.. [Read More]
As a mom of five children from 14 – 32, I have had to teach about finance several times. Each time is a bit different – as times change, so does financial lessons. Years ago lessons were heavily focused on checkbooks and balancing them. Nowadays there really is almost never a need to write a.. [Read More]
What is sales tax? Simply – a tax that is assessed based on a purchase. For example in Connecticut the sales tax is currently 6.35%. So if I purchase something for $10 then it will really cost me $10.64. Not such a huge deal but if you apply that same sales tax to a car.. [Read More]
How Credit Card Debt Happens – Derby Advisors Getting into debt is so easy. We don’t really plan to do it, it just happens. Perhaps the kids need new shoes, then clothes, then braces, and you know the house is gonna need a new furnace. There is always something that requires money – and never.. [Read More]
There have been a couple times in my life where I was drowning in credit card debt. The first time was a result of major medical issues and bills and adopting three special needs children with many needs. We were far younger than we are today and I don’t think the spending would have changed.. [Read More]