It's that time of the year again, and more and more people are looking to doing their taxes at home. With programs like TurboTax and TaxACT available, the process can be simplified and the refund swift in coming. However, going it alone is not always the wisest or most cost-efficient choice. Let’s weigh some of the key factors in determining whether or not to enlist the aid of a professional tax service. 1. Is it worth your time? For the self-employed, it may be more advantageous … [Read more...]
What Are You Thinking?
June 19, 2006 by · Leave a Comment
What were you taught about money as you were growing up? Something like "money doesn't grow on trees", or "money is the root of all evil", or maybe "all rich people are greedy"? Well, how do you expect to become a success financially if you believe these things? First of all, believing that "money doesn't grow on trees" is an example of what's called lack or scarcity programming. Our parents taught us that there was never enough money to go around, and that it was not readily available or … [Read more...]
Protecting Your Wealth
September 21, 2005 by · Leave a Comment
Are you successful? Have you accumulated enough wealth to make other people envious? Or do you plan to be wealthy in the not-too-distant future? If you are wealthy enough to be 'comfortable', you should carefully consider taking some steps to protect your wealth. What would happen to your assets if you were sued? If you were in a car accident, and it was your fault? If you were disabled? If you died? It's important to have a plan in place before anything bad happens. You may never be sued, but … [Read more...]
How To Raise Capital To Fund Your Business
July 27, 2005 by · Leave a Comment
Raising capital to start a new business may seem like a daunting task, but it need not be overwhelming if you follow a few basic business practices. If you have a viable idea that will net a return for your investors and prepare a compelling business plan the chances are good that you can find investors to join you. Your first task is to create a business plan, sometimes known as a “business proposal” or “prospectus.” Your business plan needs to be very detailed and concise. You … [Read more...]
Start Investing Early in Your Career
June 26, 2005 by · Leave a Comment
Investing for your retirement may be the last thing on your mind at the start of a new career. Take some advice from those with a little more experience: Start investing early in your career. Start from day one and you will never miss that money you’re setting aside. If your company has available a 401-K or a TSP program, jump on the band wagon immediately. If you don’t have these programs at your disposal, you can still start an IRA and the concepts stated here are applicable as … [Read more...]
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