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Housesitting, Pet-Sitting and Work Exchange Programs Help People Travel on a Budget

Success

It’s no surprise that the cost of travel is rising. A report from travel insurance provider Squaremouth found that travelers planned to spend nearly $10,000 on average for their 2024 summer travels. A love of travel motivated HomeExchange super-users Jean and Michael to join the program. “We

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5 Tips to Make Filing Taxes Easier for Freelancers in 2023

Success

Your client will also send a copy of the 1099-NEC to the IRS, so reporting every dollar is vital. Even if a client doesn’t send you a tax form, reporting the income is still important. Proving that you paid taxes on all of your freelance income, not just what was reported, can be helpful if you’re ever audited.

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Digital Nomads And Freelancers Need These Strategies To Navigate Tax Season Smoothly

Allwork

Another layer of complexity arises from the way their income is earned and reported. Self-employed workers often need to use reliable accounting software or seek assistance from tax professionals with experience in transnational tax matters to keep track of their earnings and report them correctly.

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Empower’s Budget App Will Teach You All About Smart Money Management

Success

If you know how much you want to spend on things like travel, entertainment and medical services, it allows you to see if you’re sticking to those limits. These can include retirement savings, building an emergency fund or paying down debt. The app really goes into detail in its retirement dashboard.

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2 in 5 Employees Say A Raise Is The Answer To Preventing Burnout

Allwork

If given a raise, 39% of people would spend their raise on financial betterment such as emergency and retirement savings. . An annual raise of $1,000 (50 cents an hour) would notably improve the life of 1 in 3 low-income Americans. . Individuals are nearly 2x as likely to put a raise towards an emergency fund than towards a vacation. .

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Boomer Delayed Retirement Top 10 News Round-Up

Small Business Labs

Lots of news these days on baby boomers delaying retirement. The quick summary is boomers are delaying retirement, changing retirement and choosing not to go gently into retirement. Retired Baby Boomers Climb Back Into Driver's Seat from the Sydney Morning Herald: Even down under boomers are delaying retirement.

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Wealthy Planning on Working in Retirement

Small Business Labs

Reports and Resources Intuit 2020 Research Report Todays Hobbyists are Tomorrows Hobbypreneurs Homepreneurs: A Vital Economic Force Research Brief - Small Business Credit Outlook The Economic Stimulus Package: Whats in it for Growing Businesses? Carolyn is leading the coworking study and Steve is a member of the project team.