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Making Taxes Less Taxing

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It’s so much easier than dumping receipts and bank and credit card statements in a box and manually going through each piece of paper every quarter. Business Credit Card Using a business credit card for all or most of your expenses is an easy way to capture all of your deductions in one place.

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How Financial Wellness Programs Can Benefit Employees and Employers

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Gone are the days when new employees received a list of the company holidays during onboarding and a packet with information about how to sign up for health care and retirement benefits. The biggest uptick in adoption of YNAB’s financial wellness benefits program is among smaller companies with 50 to 500 employees, Mecham says.

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Impending Recession Or Not, Use These Professional Tips To Prepare For Financial Turbulence

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Companies, in turn, may hold off on investments in expansion, new projects, or hiring. This can affect wealthier individuals more acutely due to decreased portfolio values, but it also impacts pension funds and retirement accounts, which can impact the broader population. Also make sure to avoid new debt.

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4 Smart Money Moves to Plan for Financial Security

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They don’t have a purpose for the money they’re saving, and they often end up splurging on stuff they don’t really need (or want) rather than using it to fund a life goal such as buying a house or saving up for retirement. Start a retirement plan. You’re young, and retirement probably feels light-years away.

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How to Know If You’re Financially Ready to Start a Business

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To get all your ducks in a row and ensure you’re ready to jump into creating a new company, you need to craft a robust business plan that accounts for the myriad financial considerations of setting up a business. Later in the plan, provide more specific information about your offering (e.g., The Importance of Writing a Business Plan.

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16 Rich Habits

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Stay away from accumulating credit card debt. Contribute as much as you can afford to a retirement plan. If you work for a company that matches your contributions up to a certain percentage, great. One perk of volunteering is the company you’ll keep. Ninety-four percent of the wealthy buy instead of leasing.

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8 Pieces of Financial Advice for New College Graduates

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You may need to create rules for yourself, like that a percentage of your paycheck needs to go toward retirement savings before you can buy something just for fun. You may not be able to escape using a credit card for some unexpected expenses, especially if you’re just starting a new job and haven’t had time to build your savings.