Money Management Made Simple

The  Economy Injury Disaster Loan (EIDL)  is a financial relief program for small business owners. The EIDL is a low-interest loan of up to two million dollars with principal and interest delay at the discretion of the administrator. It is used to cater for operational costs that could have been met had their not been a disaster.

The goal of every business person is to succeed and become as profitable as possible. You may have started your business a few years ago and may have failed to reach that place you wanted. Or maybe you are employed somewhere and your progress is coming along slower than you would wish. Could there be something holding you back? Maybe you are being held back by commonly held beliefs. These business...

The goal of every business person is to succeed and become as profitable as possible. You may have started your business a few years ago and may have failed to reach that place you wanted. Or maybe you are employed somewhere and your progress is coming along slower than you would wish. Could there be something holding you back? Maybe you are being held back by commonly held beliefs. These business...

The goal of every business person is to succeed and become as profitable as possible. You may have started your business a few years ago and may have failed to reach that place you wanted. Or maybe you are employed somewhere and your progress is coming along slower than you would wish. Could there be something holding you back? Maybe you are being held back by commonly held beliefs. These business...

One of the first decisions you face as a new business owner is whether or not to incorporate the business. The biggest advantage of incorporating is limitation of your liability. Your  responsibility for debts and other liabilities incurred by a corporation is generally limited to the assets of the business. Your personal assets are not usually at risk, although there can be exceptions to this gen...

Owning a business can keep your schedule filled with necessary duties. Sometimes, it can be difficult to keep up and accomplish everything on your to-do list. This can cause some things to be put off for another day. In many instances, the thing that is continuing to be put off day after day is your business finances. Bookkeeping should be updated regularly to ensure accurate financial decisions a...

Do you find that your business is "staying afloat"? Is your business always covering its expenses but with little to no profit left over? You're not alone. A US-based survey found that 30% of small businesses break even. Another 30% are running a loss. Perhaps your business is stuck in a rut. Or, perhaps you have trouble growing the company since there are hardly any earnings to reinvest. No matte...

A trait a great President possesses is passion.  If you love what you're doing, it makes the little potholes along the road to success a whole lot easier to handle. There's no such thing as an easy and stress-free road to success, so truly enjoying your life's work and having a passion for the quality and service you provide is key. 

Many small start-up businesses are off and running before any record system has been set up. There is money deposited into the new business checking account, some from invested funds and some from sales. Money has been paid out for equipment and supplies, some by check and some by cash out of pocket or from sales receipts. This informal method of cash receipts and disbursements needs to be formali...

As the summer season approaches, you might be considering a few home improvement projects. Maybe you want to create a new deck for your home or get a pool in the backyard. However, if you want to do this, then you need to save up some money: here are some tips to turn your summer season ideas into a reality.

As the summer season approaches, you might be considering a few home improvement projects. Maybe you want to create a new deck for your home or get a pool in the backyard. However, if you want to do this, then you need to save up some money: here are some tips to turn your summer season ideas into a reality.

You're more than likely already aware of your financial situation being less than ideal or you wouldn't be listening to this, right? You're struggling to pay off credit cards, car loans, student loans, medical bills and your mortgage all at the same time you still need to eat, put gas in your car, buy your kids shoes that fit…you know, get your basic needs covered. Here are the top four way compan...

Once you finally psych yourself up enough to actually look at your finances, are you like most people who only look at their current to not-so-distant future state of affairs? Do you look at the bills that are due and then decide which ones get paid based on the amount left over in your bank account? It's been said that the best way to predict the future is to create it. It's also been said you ca...

Jillian discusses the 7  habits that will change your relationship with money. It takes 21 days to create a new habit, so for the next 30 days (so it can really set in), follow the seven mind-altering habits that Jillian suggests, to think your way into a healthy relationship with money and wealth.

In the grand scheme of things, income is rarely stable even if you're paid a regular salary. And was that a big "Amen!" I just heard from the freelancers and independent contractors as to how true that statement is? While we've talked a lot about budgeting a time or two already there's no time like the present to review the concept but this time with a bend toward those aforementioned Amen-ers. Bu...

Life is unpredictable. Your secure job gets outsourced. You fall in love. Your brand new car needs repairs. Your kid flushes his toy down the toilet. Things totally out of our control can happen at any given moment. While you may not ever be fully mentally prepared for life's little surprises, you can be financially ready to take them on without having to panic or scramble. Seem like wishful think...

As a business owner you have options as to how you…well, run your business. You can either hire employees who basically have to do what you tell them to do, or you can hire independent contractors who get you the results you want by doing the work however they want to get it done. There are definite advantages and disadvantages to each type of person you hire, and here are a few "fun facts" to hel...

How much money did you save last year? If you didn't save at least 10% of your earnings, you didn't save enough. If your savings in 2019 fell short, the only solution is to take charge of your financial future right now and start saving more money. Saving money doesn't have to be hard work. In fact, many successful savers have found simple ways to cut spending and increase their savings. Here are...

Well, it happened again: that "rainy day" expense you'd been planning on saving for caught you off guard and left you standing outside without an umbrella. Whether it was having to replace the air conditioning unit or needing to take dog, cat, AND lizard to the vet, unplanned yet inevitable expenses (usually costing upwards of $400) can definitely put a cramp in your vacation fund's style. Just in...

Managing money is one of the leading causes of stress for the majority of people today. It's actually been a pressure point for families and individuals for generations, but it doesn't have to be. There's no time like the present to flip the financial script and create a new mindset around spending and saving. Here are five fresh ways to take the guesswork – and stress – out of your finances.

You want to have it all, right? I mean, who doesn't want to have the money, the toys, and maybe even the purpose to go along with it? The good news is you CAN have it all. But there's a catch: In order to have it all, you've got to know what "it" is and then you've got to know how to balance "it." Here are three simple steps to "check yourself before you wreck yourself."

You've heard it before: "Failure to plan is planning to fail," but you've rolled your eyes and just kept "going with the flow" hoping the tides will flow that money tree right into your back yard so you can finally start living the life you've always dreamed about…or at least be able to take a day or two off work when you're sick without having to stress about how the bills would get paid if you d...

In a society incessantly bombarded by bigger, better, faster and keeping up with the Kardashians, it's no surprise people everywhere – including the government – are literally drowning in debt. If you're among those folks slipping out of their life jackets with the waters rising around you, your rescue is here! By following these four financial hacks, soon enough you'll be the one captaining the r...