As soon as your business starts making money, you must decide how to pay yourself. Paying yourself isn’t complicated, but there are tax considerations to be aware of. There are two main ways to pay yourself as a business owner: by taking a salary or by taking an owner’s draw — or a combination of … Read more
If you’re a business owner sitting on a significant amount of excess cash, it’s probably time to add a business savings account to your list of financial tools. But with so many accounts to choose from, how do you know which one is right for your business? The best business savings accounts offer attractive yields, … Read more
Klarna is a popular buy now, pay later (BNPL) platform offering flexible repayment options for small or large purchases. Klarna works with most online merchants and also offers exclusive deals and rewards to help you save money. While there’s a lot to like about Klarna, other buy now, pay later (BNPL) apps may offer benefits … Read more
From help with writing and email filtering to online shopping and traffic navigation, AI-powered apps are making our lives easier. But did you know that AI can also help you manage your money? In this article, we’re sharing a list of AI-powered apps designed to help you save money. So whether you want to invest … Read more
Some companies provide their employees with an opportunity to purchase company stock. Not only does it benefit employees, but it also encourages employee ownership in the company. That ownership can enhance worker retention and incentivize employees to be more productive in their jobs. Two popular options for company stock ownership are the Employee Stock Ownership … Read more
Service Credit Union is a credit union based out of New Hampshire with a bonus offer for folks with a direct deposit to move over. They were established in 1957 to support the military personnel and their families at Pease Air Force Base but they’ve expanded to more than fifty locations across New Hampshire, North … Read more
How much do you need to have saved to enjoy a fruitful retirement? The answer is difficult. It’s hard to project how much you think you’ll be spending once you stop working. Will you eat out as much? Will you travel more? You may have heard of the 4% rule – that you can safely … Read more
Pocketsmith Strengths Aggregates your financial accounts on a single platform Automatically imports transactions up to 90 days old Multi-currency capability Free plan available 30-day free trial on paid plans Weaknesses No investment monitoring capability Can’t pay bills through the app The free plan is quite limited Premium plans are pricey Limited customer support If you’re … Read more
Mint Mobile Strengths Unlimited talk and text High-speed 5G and 4G LTE internet All plans have mobile hotspot Free international calls to Canada and Mexico Affordable plans Weaknesses T-Mobile coverage isn’t strong in every area Must prepay upfront in 3,6, or 12-month increments Unlimited video data plays in 480p standard definition Unlimited plan mobile hotspot … Read more
Compounding is one of the hardest concepts to understand. Human beings are not good at visualizing it because it’s extremely difficult to visualize logarithmic growth. A penny doubling every day for 30 days becomes more than $5.3 million. That seems impossible. This is one reason why so few people invest their money in the stock … Read more