Forming an LLC is a smart move for many freelancers and small business owners, because it provides you with more legal protections than you enjoy as a sole proprietor. But you may need to take a few additional steps after forming your entity to make sure it can fully protect you should you actually get sued or face litigation.
Like many other entrepreneurs before you, you likely started as a one-person shop — and when you began, the priority was probably to just make your idea work. Many people don't make it through this initial stage, so kudos to you! But now that you've made it this far, it's time to ensure you're operating properly as a business entity. And that might mean filing for a DBA.
Your home: It may be your sanctuary, your retreat, where you’ve started or raised a family, and a place where you’ve created many memories. While your home may hold a lot of sentimental value, it’s important to determine its true, unbiased market value if you’re looking to sell in the near future. Beyond sleuthing online to find out what homes in your neighborhood are selling for, there are more official ways to get a general idea of your home’s value.
For many, graduating from college (or simply moving away from home) marks the beginning of a transition to independent living. That kind of freedom can be thrilling — but it also means taking on more responsibility as you work to become financially successful on your own. Establishing good credit is a great first step toward reaching financial success — and building credit when you don't yet have a credit history is easier than you might think.
Tasha, founder of the blog One Big Happy Life, would never deny that relocation can present challenges, especially with children. But for their family, relocation helped them get out of their comfort zone, teaching them to explore exciting new places.
Fifty years ago, American households and families tended to look very much alike: There was a primary breadwinner and a spouse that stayed home full-time to keep up the home and care for the children. There was just one income, and usually one spouse managed the money.
Today, families — and family finances — look far different, as social norms and expectations have changed. Households with two working spouses can make the question of money management much more complicated.
You can own a small business and feel successful — but also a little stuck. Many entrepreneurs feel this way after launching and reaching a point where they earn a profit, but they're no longer growing.
Earning a profit may be good enough, for now. But you may also want to push for continued growth, and turn your small business into something much bigger.
Heading to college is an exciting time, but it’s also an important time for your finances.
You’re heading to college and about to take the first steps into your own, independent life. It’s an exciting time — but also an important time, especially when it comes to your finances. Here’s how to get started with managing your own bills, and gain more financial freedom when it comes to your bank account.
You know it’s important to save money. But how much should you save? Do you have enough stashed away?
It can be tough to gauge your own savings habits, but you can use this quiz to help you understand where you fall on the spectrum between “super saver” and “needs improvement.”
A potential buyer wants to work with you to purchase a home. Perhaps they even walked through the door with a laundry list of must-haves and nonnegotiables including specific features, neighborhoods, and amenities.
The problem, however, is that their household income isn't going to match up with the kind of price tag that their wish list will lead them to. As a realtor, it's your job to set realistic expectations for your clients and help them to understand what they can truly afford.
Are you looking for the key to financial success? It certainly doesn't involve finding some secret money-saving strategy no one else knows about. In fact, there's no real secret to it at all. If you're looking for a way to save more money, start small by focusing on the key fundamentals. Consistently doing the little stuff right — over and over again — could be your key to success.
It started with a bad client call this week. I was beyond frustrated with a client who paid me a lot of money and followed what felt like none of my advice from our consulting arrangement.
Money does buy happiness. But most of us try to use money to purchase happiness in the form of WaveRunners or other possessions, which is the wrong way to go about it. Money buys happiness, but with a caveat: you have to know how to use it strategically.