Money Management Made Simple

When it comes to taxes, being self-employed has some advantages. Whether you work for yourself on a full-time basis or just do a little moonlighting on the side, the government has provided you with a variety of attractive tax breaks.

In just a couple of months, the COVID-19 pandemic has changed the everyday lives of individuals globally. Businesses must explore the financial and operational difficulties brought about by the COVID -19 pandemic while quickly addressing their employees, clients, and suppliers' requirements. Here are the top 6 most common points:

In our virtual and paperless generation, it's easy to keep tabs on your checking account balance without really taking the time to review each monthly transaction. You know about how much you've spent, so at first glance it all seems "about right."

What you may be missing, though, are some changes to your bank's policies where they now charge fees for some of the things you do…or do not.

If you're living beyond your means, you could be courting financial disaster. Here are some indicators that you need to get your credit card usage under control.

Are you a business owner who's tried doing your own taxes and gotten so frustrated you ended up not claiming anything because the tax laws on what's deductible or not are…clear as mud?

Let's dig in and sift through some of the muck to pull out some IRS terminology for clarity.

The Economy Injury Disaster Loan (EIDL) is a financial relief program for small business owners. The EIDL is a low-interest loan of up to two million dollars with principal and interest delay at the discretion of the administrator. It is used to cater for operational costs that could have been met had their not been a disaster.

The goal of every business person is to succeed and become as profitable as possible. You may have started your business a few years ago and may have failed to reach that place you wanted. Or maybe you are employed somewhere and your progress is coming along slower than you would wish. Could there be something holding you back? Maybe you are being held back by commonly held beliefs. These business money myths are taught to us from a young age. But are they true?

The goal of every business person is to succeed and become as profitable as possible. You may have started your business a few years ago and may have failed to reach that place you wanted. Or maybe you are employed somewhere and your progress is coming along slower than you would wish. Could there be something holding you back? Maybe you are being held back by commonly held beliefs. These business money myths are taught to us from a young age. But are they true?

The goal of every business person is to succeed and become as profitable as possible. You may have started your business a few years ago and may have failed to reach that place you wanted. Or maybe you are employed somewhere and your progress is coming along slower than you would wish. Could there be something holding you back? Maybe you are being held back by commonly held beliefs. These business money myths are taught to us from a young age. But are they true?