Category Archives: Money & Finance

Using the home office deduction has benefits, pitfalls for small business owners

One of the most tempting but also terrifying small business tax deductions is for a home office . Deducting the cost of operating out of your home can help you save on taxes, but complying with IRS regulations can be a little daunting. Accountants say the good news is that the deduction, which used to … Continue reading

More Creative Ways to Save Money (3)

Are you using these ways to save money? *You can save money by shopping for groceries in the “bulk foods” aisles in your grocery store. *Bulk up in the wintertime. You don’t need the heat above 68 degrees in the winter inside your house. Wear warm clothes and socks/slippers while in the house. *Use all … Continue reading

Recession’s Effects on Your Business and How to Control Them

The impact of recession can be very damaging not only to households but to businesses as well. Learn about these effects of recession and prevent your business from succumbing into its deadly claws. 1. Customer scarcity When you have too few customers, consequently, your income suffers as well. The rising prices make customers too picky … Continue reading

Avoiding Impulse Spending

Answer these questions truthfully: -Does your spouse or partner complain that you spend too much money? -Are you surprised each month when your credit card bill arrives at how much more you charged than you thought you had? -Do you have more shoes and clothes in your closet than you could ever possibly wear? -Do … Continue reading

Smart Tips for Living on a Budget (1)

The great Albert Einstein once said, “It takes a genius to see the obvious.” Let these wise words guide you today. What he meant by that is that sometimes the simpler things in life are the most powerful … but because they are so obvious, we tend to ignore them, and not let them work … Continue reading