Category Archives: Finance

Mortgage Tips for a first time home buyer

Many people find a huge amount of satisfaction in owning a home. Mortgages are very common, but they are still a debt you owe. However, there are a few ways to make your mortgage more manageable. If you are looking to buy a home, make sure to figure out how much you can afford to […]...
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Financial Questions to ask your significant other

Talking about money can be seen as a taboo subject. You don’t want to talk about money at the Thanksgiving table with all of your family. But, you should talk about money and your financial situation with your signification other, especially if you are planning to build a life with them. Money can...
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How to calculate your Net Worth

We always search for certain celebrities or athletes’ net worth, but do you know what a net worth actually is? It’s not just how much cash they have, but a calculation of their total assets and liabilities that they own. You can even calculate your own net worth. To calculate your net wo...
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What are the ranges of credit?

Your credit score will be a three-digit number. This number indicates if you are a trustworthy person to lend money to. If you have ever looked at your score and are unsure what that number means, you are not alone. A credit score ranges from 300 to 850. The closer you are to 850, the […]...
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Managing Taxes on investments

When it comes to your investments, you want to make sure you’re making the right choices to keep as much of your money as possible. There are four strategies to consider to minimize your taxes on your investments. The first strategy is to invest for the long term. Any gains that you’ve made, you...
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How to protect your credit score from Identity theft

Identity theft can impact any at any time. It is easy for someone to get your personal information and use it to make purchases you did not authorize. This could impact your credit score if you are not protecting yourself from identity theft. There are two things to do to protect yourself from an id...
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50/30/20 Rule

Budgeting is a very personalized part of someone’s finances. Budgeting is also something that many people struggle to do because it can cause stress and anxiety. One budgeting method that has taken the stress out of budgeting is the 50/30/20 Rule. The 50/30/20 Rule is a simple way to manage yo...
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Choosing an entity for your business

Choosing the right type of entity for your business is crucial because it can impact your tax planning strategy. There are four major types of entities to choose from – sole proprietorship, partnership, corporations, and limited liability companies. Each of these entities has different advanta...
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Budgeting for Non-Budgeters

While a budget is a powerful financial tool to have, it can be seen as restrictive and difficult to follow. Many times a budget can leave us feeling disappointed if we overspend and while it’s not good to overspend, this negative reaction to budgeting can lead to having a bad relationship with mon...
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Self-Employed Tax planning

If you are self-employed you probably know you have to handle your taxes differently than someone who is employed. You have to pay your own FICA taxes and save for your own retirement. There are five key tax planning considerations to take if you are self-employed. Understanding how taxes are calcul...
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