Use the following questions to take stock of the past and plan for the new year. This is simply a way to stimulate your thinking and hopefully select a few goals for the new year. Have fun with it! Where do I want to end up this year? Who do I want to become? How …
In 2007 the US Social Security Administration reported that 3 out of 10 people will experience a sustained disability that will keep them out of work for 3 or more months. The Administration also went on to explain that the average Social Security disability benefit for those that qualify is just $978/mn. In 2005, Health …
Goals and time management are two of the most important elements to achieve high business performance. Careful management of both can transform a business from mediocrity to outstanding success. Here in today’s blog I have outlined five of the best time management tips to help you grow in this area.
For a small business owner, their life and their business can be so entangled that it feels impossible to distinguish between the two. Years of hard work, sacrifice, and concentrated focus make a small business successful. A business owner that built an enterprise from the ground up has every reason to be proud of their …
If you are raising kids and are looking at life coverage options, term life insurance is normally the most practical & effective option to provide the needed protection at an affordable price. The primary purpose of life insurance is to protect the ones you love that are financially dependent on you and normally term life …
Term Life Insurance: The right choice for parents Read More »
Retirement is something many of us look forward to, but in reality, most are ill-prepared for. If you really want to enjoy your retirement, then take the time now to plan accordingly so that finances last well beyond your working years. After spending so much of your life working, nobody wants to spend their retirement …
Many successful businesses have, unfortunately, failed for one crucial reason: the unforeseen and untimely passing of a key owner or key employee. Having a solid business continuation plan in force prior to such a perilous event can help protect a company and any remaining co-owners from suffering what others might be a potentially devastating financial …
The Importance of Creating a Business Continuation Plan Read More »
#5. Work Hard Actor Will Smith is famous for his line “I am not afraid to die on a treadmill”, in other words Will Smith is not afraid to give it all he’s got. He credits his success in the movie business not to lucky breaks, charm, good looks, or connections, but simply a “ridiculous …
If you had read my last blog on budgeting and downloaded my sample spreadsheet, now is the perfect time to share my method of how to prioritize spending; the 10-10-80 budget. The budget is simple and it starts with giving; you give away the first 10% of your net income before tax. Wow! This may …
Two Thirds of Americans don’t budget, the Federal Government is currently operating without a budget, and many local governments do not have a budget in place either. At this point you might be asking yourself, “Well shoot, who does budget then?” Great question: millionaires. In Thomas Stanley’s book “The Millionaire Next Door” he profiles the “average” …
Personal Finance Tip #1: Build Wealth The Realistic Way – With a Budget Read More »