Why Having An Emergency Fund Is Important

Building up an emergency fund is key when managing your finances and planning for unforeseen expenses that need to be handled immediately.  If you have debt, expert Dave Ramsey recommends that you try to put aside at least $1,000 in an emergency fund while paying off your debt.   How to Build Your Emergency Fund  Depending on where you are financially, you may be thinking that saving up … [Read more...]

When Is It Better to Use Cash vs. Credit

Depending on your upbringing, you may have been taught that having a good credit score is the best thing since pants with pockets. On the other hand, you may have been warned that credit is dangerous, and that it is always better to use cash to pay for the things you can afford in the present. Oddly enough, both life lessons can ring true at any given moment. For example, when purchasing a car--the average person … [Read more...]

Don’t Subscribe Your Life Away

These days you can automate almost anything you can think of! Most of life’s conveniences come with mobile apps and automated monthly subscriptions--the really good ones even remember your habits! You can automate your utilities, grocery lists, clothes, shoes, transportation, entertainment and a lot more. It’s a convenience of the modern age that folks from every generation find themselves signing up for. … [Read more...]

International Travel Hacks: Money Edition

Traveling abroad is exciting. Whether you’re traveling by yourself or with friends and family, the opportunity to experience a new culture is becoming more and more available to us.  Flight deals are constantly happening and nontraditional travel agencies are popping up all the time! While it may be easy to start a group text with your friends and collectively book a $200 flight to South Africa for a week of fun … [Read more...]

What to do with Your Kids Birthday Money

Think back to when you hit your birthday milestones.  They often came with some cash gift from your grandparents, aunts, uncles and family friends. A ten dollar bill felt like a million bucks, and a twenty almost blew your mind.  But ultimately, what you did with that money was up to your parents. Some of our parents allowed us to immediately spend the cash by picking out a cool toy or clothes or some … [Read more...]

It May Be a New Year, But You’re Still the Same You

And we say that with love. If we’re all being honest with ourselves, a new year can mean new goals, new plans and a renewed sense of purpose, but rarely does it mean that your personality does a complete 180. It’s just not human nature. That’s not to say you shouldn’t strive to become the best version of yourself, but the key word there is yourself! And hey, you’re awesome! With that being said, you can still … [Read more...]

6 Questions You Should Be Asking Your CPA This Time Of Year

With 2019 fast approaching, it will soon be time to file your taxes for 2018. There are specific, important questions that you should be asking your CPA in preparing for the 2019 Tax Season. Knowing the right questions to ask will not only help your CPA understand your needs, it will also help you to prepare for your specific tax scenario. Now is the best time to ask these questions, because you still have time … [Read more...]

End of the Year Boost for Your Small Business

At the end of year, most small business owners feel one of two ways: they’ve either accomplished their revenue goals and are comfortably “in the black,” or they’ve missed the mark somewhere during the year and are in or close to being “in the red.” If you have found that you are missing your revenue goals for this year, there’s one major thing to keep in mind--the year isn’t over yet! You have time to get your … [Read more...]

How to Save During The Fall Frenzy

As the summer comes to a close, we will soon be in the fall season.  While those of us who live in South Florida don’t necessarily experience a change in the leaves or a significant drop in temperature, we all know that with the fall comes the chaos of holidays, family obligations, travel and more.   Read on for tips on how NOT to go broke this fall! Shop Smart The fall is a retailer’s dream and so they do … [Read more...]

Why You Need Multiple Streams of Income

Many of us have heard it said that most extremely successful people have multiple streams of income.  But what exactly does that mean? To have multiple streams of income basically means that you are generating income from more than one source.   Why is this important?  Because it means that should one income stream dry up or slow down, you still have other sources on which to rely.  Some income streams can look … [Read more...]