POST CATEGORY : Finance

Financial Advice When Looking For a Job as Unemployed

Becoming unemployed can be devastating for anyone, particularly those with a family to support. The stress of maintaining a home and ‘putting food on the table’ can cause great unhappiness and this can be compounded if finances are not taken care of during this difficult period.

Unemployed looking for a job

Clearly, it will be necessary to review all expenditure and to prioritize spending as much as possible. Credit cards should not be seen as a source of ‘free’ money; indeed, it would be wise not to use these particular financial instruments during unemployment, as failure to keep-up with payments will result in substantial interest being accrued and possible damage to credit ratings in case you “default” on a loan, just like what most people would normally do in such situation.…

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The Steps to Take if Your Business Can’t Pay Its Taxes

When it comes to business taxes, it doesn’t pay to mess around with what’s due to the IRS. They don’t have a sense of humor about getting payments in on time and can take steps against the business, including charging interest, adding penalties or even freezing accounts if it comes to it.

Tax season stress

In this article, we cover the steps to take when a business is struggling to pay its taxes.

1. Confirm the Due Dates for Federal Income Taxes

There’s a tax return date based on the type of business structure.

For federal taxes (state ones may be different), the tax return data for filing is also the payment date for the taxes too.…

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Missing the Money: How to Stop These 3 Bad Financial Habits

There are two types of people when it comes to starting and maintaining healthy financial habits: people who think they’ve got it all under control, and others who have no clue what they’re doing. The one thing that both have in common is that they are both guilty of having bad habits that they may not recognize.

Get out of bad financial situation

According to Ubiquity, a retirement and 401k savings plan provider, here are a few of the most common bad habits in managing your personal finances and how to overcome them.

1. Neglecting to Check Your Account Balances

Regardless of whether you live paycheck-to-paycheck or make six figures a year, it is essential that you keep a close eye on your account balances as often as possible.…

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Painless Payroll: 5 Top Tips on How to Streamline Your Payroll Process

Does the payroll process leave you feeling frustrated?

If you’re not naturally a numbers person or don’t have payroll experience, the task can eat up lots of your work time. Payroll takes almost five hours per pay period for many small business owners.

Streamlining payroll process

Streamlining the process helps simplify the tasks to make sure you get everything done while taking less time to do it.

Use these five tips to streamline payroll.

1. Create a Standard Payroll Process

Having a set way to do payroll each time makes the process easier. It also reduces the risk of forgetting a payroll step. Little mistakes can mess up your employees’ pay and create headaches with taxes and benefits.…

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Things to Keep in Mind When Taking Equipment Loan

Every business wants to equip the most cutting edge technology for operations. This technology gives them a unique space in their industry. Not only customers but competitors of that business also praise them because of the technology they use. Also, the latest technology helps the company have low production costs and low overhead costs, and hence they can sell at a much cheaper price then their competitors.

Using loan to purchase equipment

So do you want to equip your business with the latest machinery and equipment? I know you want to, but you have a constraint, right? “MONEY.”

Which business does want to have all the latest equipment?…

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Why Manchester Is a Great City for Buy to Let Investments

With the ongoing uncertainly around Brexit that has engulfed the United Kingdom over the past several years, it would be no surprise for investors to be put off investing in property. However, despite the uncertainly, international investors are still showing keen interest in investing in UK property.

Manchester City Centre skyline

Moving forward, investment opportunities in the country could potentially soar depending on the impact of Brexit. The growth of cities outside London, such as Manchester, is providing investors with more options than ever before.

TK Property Group have provided us with a summary of some of the best benefits for why investing in buy to let property in Manchester is quickly becoming one of the best destinations for worthwhile investments.…

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3 Tips For Making Short-Term Financial Investments

When it comes to having your money earn you even more money, long-term investments will usually allow you to earn the most money. However, not everyone has the time or patience to put their money in long-term investments. For situations like this, there are shorter-term investment options that could make a lot of sense for you financially.

Making short-term investment

To help you know what your options are and give you the best chance of making a decent amount of money in this area, here are three tips for making short-term financial investments.

Know How Long You Have To Invest

The first thing you need to know when you’re wanting to invest in a short-term manner is how much time you actually have to let your money rest in an investment vehicle.…

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What is an Sba Loan and are There Any Pitfalls? Weighing the Pros and Cons

30.2 million small businesses exist in the American marketplace. While each of those companies possess unique qualities, what unites them all is the fact they needed money to get started. Therein lies the value of taking out a loan.

Applying for SBA loan

Getting a business loan is a rite of passage for most entrepreneurs. Can you guess what one of the first questions money-seekers ask when they’re hunting down funding?…

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Ultimate Guide to Selecting the Best Credit Card to Build Credit

Are you searching for the best credit card to start building your credit history? You ought to make sure you get one that suits your immediate needs. After that, you must use your credit card wisely to gain financial freedom.

Business credit card for building credit

Here’s the ultimate guide to selecting the best credit card for you.

Identify the primary purpose of getting the credit card

What’s your aim for signing up for a credit card? If you are seeking a credit card for general spending, then you will look for a card with the least interest rates as well as generous rewards. Or do you want a credit card to build your credit score?…

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7 Tips to Invest in The Right Property

Investing in property can be quite lucrative. An investment in this area of the market can pay off with an increased rate of return on any capital. While this kind of investment often makes sense, it is imperative that any investor take the time to think about what they are doing before they begin.

Real estate investing

These easy tips are an essential part of the process of buying property.

Professional Help

One of the most important things to do is when it comes to buying property is to have the right kind of help. Working with experts like a Buyers Agent Gold Coast can help ensure everything is done well.…

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