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Business finance: The ultimate guide for non-finance people

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Either way, you’ll need to master the basics of business finance if you want to find success. Even employees not working directly in finance generally need a basic understanding of it to succeed. Nothing exists in a bubble, and business finance is no different. Why is that?

Finance 105
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4 Smart Money Moves to Plan for Financial Security

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That’s because when we delay organizing our finances, it causes us to delay a lot of other things, too. But it’s really no surprise that millennials have trouble dealing with their finances. Plus, an unsurprising majority of this age group feels stressed when thinking and talking about finances. Trust me: I get it.

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Tips and Resources to Scale Your Small Business

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“Every business has different startup costs, but they all have one thing in common: having a financial cushion,” says Bob Marshall, the business growth and strategy executive for the Small Business Development Group at Wells Fargo Bank. You need to know what your costs will be and whether your business is scalable.”

Finance 279
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Do I Really Need a Budget to Manage My Money?

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Perhaps personal finance apps or budgeting software might not be a good fit for your money needs. Finding the right system for you can help keep your finances on track without feeling like you want to pull your hair out. Don’t forget to include something, even just a few dollars, to add to your emergency fund and retirement savings.

Budget 237
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How to Know If You’re Financially Ready to Start a Business

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After all, without cash flow and a solid financial plan that includes costs and expenses, you won’t be able to get your business off the ground. Do I have a good handle on my personal finances? Are you currently earmarking 15% to 20% of your income for retirement? What costs will be associated with my business?

Expenses 342
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Preparing to Move Overseas? Read This First

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Have you decided to live the #beachlife or the #retired life or just the #offgridlife? Before you move, here’s what you need to know about everything from establishing residency abroad to health care, taxes, visas and costs. Health care. health insurance may not cover you. Other considerations. Do your research.

Medical 264
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How to Define and Plan for Financial Freedom

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Many personal finance experts will tell you to take your current monthly expenses, add 4% to the overall number for inflation, and then multiply that by 25 or 30 in order to reach your financial independence goal. From there, do some research on cost of living and housing prices to apply numbers to those ideas.