So you want to invest? AWESOME!! Maybe you have been reading a cool blog like mine or perhaps you had a friend tell you about this wonderful wealth building tool! Regardless, it will not be long befor you question if you should buy individual stocks. With the bull market we are currently riding there are many people that would tell you that it is a good idea. But is it really?
It’s great that you are getting a summer job! But when you’re anticipating getting that first paycheck you might be wondering to yourself “do I have to pay taxes at a summer job?” Even a part-timer like you is expected to pay the US Government their due. Yes, life is not always as Financially Simple as we would like. Here is some helpful info dealing with taxes for specific summer jobs:
With close to 65% of Americans failing at saving for retirement, perhaps one of the reasons why is that they don’t understand the investment choices that are available. For example, just the other day I had a young investor call me and ask, “Justin, what is an IRA?” Maybe you’ve wondered that very same thing. Well today, we’re examining the details of IRA’s for you.
It is hard to believe one of the most important aspects pertaining to our kids’ future is often overlooked: learning about finances! Since these life-changing concepts are not adequately covered in schools (in my opinion), that job falls on us parents! One great (and fun) way is by playing financial games for kids. These games will expose them to the rules they will encounter during banking and managing money as they grow up. The best part—when playing these money-related games, they can take financial risks and without being penalized. The summer break is a great time to snatch one up and get your kids’ financially simple education started!
Have you ever been the beneficiary of a nice little sum of money or some other inheritance? If so, you know deciding what to do with inherited money can be tricky, but it doesn’t have to be. Here are a few ideas on how to spend the unexpected cash — HINT: these tips can also be a good way to make use of your tax return, if you get one!
For many, the process of creating a business plan seems daunting, but that doesn’t have to be the case. We’ve done the research for you. We’ve searched the statistics, journals, and reports within the Small Business Administration‘s website to give you the outline for what should be in a good business plan. Use this business plan as you create your company, restructure your company, or do a yearly review within your company to increase revenue and company cohesiveness.