For many small businesses, the holiday season is the busiest and most profitable time of year. That's how “Black Friday” got its name; it often marked the first time businesses' books were finally "in the black" (showing profits) for the year. But what happens when holiday spending starts to slow down?
Part of the joy of making money and building wealth is not solely the aim to live a flexible life of convenience; it is also giving to those we love. Typically when we think of passing down money to loved ones, it is through a will drafted years earlier or even an estate plan. However, other giving strategies may help you preserve your wealth, so more of it goes to those you love.
The number of women-owned businesses continues to grow, and the opportunities listed above have helped drive this trend. By taking advantage of these resources and working as a mentor to other women entrepreneurs, you can work to level the playing field both for your own business and for the other women-owned businesses that come after you.
Single parents shoulder the responsibility of not only providing for their children's immediate needs but also planning for their future. Whether single, widowed, or divorced, establishing an estate plan is arguably the best gift one can offer their children. This critical plan safeguards their financial independence, enabling them to manage their assets according to their wishes after they pass away.
Planning for long-term care (LTC) is essential to financial management and personal well-being. Addressing this crucial need has become more pertinent with the ever-increasing healthcare costs and a growing aging population. Having the LTC resources available may concern single and divorced individuals seeking to live independently. This article is a comprehensive guide for singles and divorcees to help them prepare for LTC care and its associated costs.
You may have thought your digital identity was safe and not a likely target of a cybercriminal until one day, the bank calls wondering if purchases made at a store that you have never been to, 2,000 miles away, were made by you. Every day, similar scenarios play out for unsuspecting victims across the country and the world. Cyber scams and other cybercrimes have proven to be an escalating problem that requires people to be especially vigilant when using electronic devices.
Recent changes in the Social Security Administration and modifications to recipients’ accounts and payment structures due to the Social Security Fairness Act, which repealed the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), may lead to scammers attempting to manipulate retirees and older Americans regarding their benefits.
Managing 401(k) investments is crucial to planning one's financial future. Two primary ways to manage investments are to do it yourself (DIY) or work with a financial professional.
You work your entire life with the hope that one day you may be able to retire when you choose and have the free time to take advantage of all of the social activities, travel, and hobbies you couldn’t do regularly with the responsibility of a career and providing for your family.
As climate patterns change and weather-related disasters become more frequent, purchasing a flood insurance policy or adding a rider to an existing policy has become a vital asset protection strategy.
