Remove Education Remove Expenses Remove Finance Remove Retirement
article thumbnail

5 Long-Term Financial Goals and How to Achieve Them

Success

These goals provide motivation, direction and discipline when managing your finances. Save for retirement Expected time: 10-35 years Account types: Retirement plans including IRAs, 401(k)s and pensions Planning for retirement is one of the most common long-term financial goals.

Goals 248
article thumbnail

5 Tips to Make Filing Taxes Easier for Freelancers in 2023

Success

Generally, the expenses involved in operating your business or side hustle can be tax-deductible. So you can’t just go on vacation or buy a new car and claim it as a deductible business expense. That way, you don’t have to worry about your grocery expenses getting mixed up with your office rent come tax time.

Filing 255
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Want to Retain Your Team? Offer Financial Well-being Programs

Allwork

For employees, finances are actually the top source of stress — even more so than health or family issues. . Financial coaching on the basics of personal finance is offered by 24% of respondents, and includes advice about personal budgeting, savings, debt and credit management. Educational offerings. They include: .

Finance 290
article thumbnail

Travel Blogger Karen Akpan Shares How She Journeyed From Debt to Economic Freedom

Success

This creep ultimately caused her family to lose the ability to stay on top of their finances. With an expensive California mortgage, car payments and student loans, the emergency fund she and her husband, Sylvester, had dutifully built quickly depleted. Akpan’s not just open with her family about finances. I could do it, too.’

Travel 306
article thumbnail

Tips and Resources to Scale Your Small Business

Success

I saved up six months’ of expenses and built up a pipeline of clients before quitting my full-time job ,” Shinholser says. A written business plan is crucial to clarify your plans and your finances, Marshall says. The SBA’s Funding Your Business section on their website explains the various financing options for entrepreneurs.

Finance 277
article thumbnail

Travel Blogger Karen Akpan Shares How She Journeyed From Debt to Economic Freedom

Success

This creep ultimately caused her family to lose the ability to stay on top of their finances. With an expensive California mortgage, car payments and student loans, the emergency fund she and her husband, Sylvester, had dutifully built quickly depleted. Akpan’s not just open with her family about finances. I could do it, too.’

Travel 243
article thumbnail

6 Commonly Overlooked Tax Deductions to Maximize Your Return

Success

“Can a dead person deduct medical expenses?” “Can ” These are just a few of the numerous requests Andy Phillips, director for the Tax Institute at H&R Block in Kansas City, Missouri, fields when tax time rolls around, as his clients muddle their way through what can and can’t count as a deductible expense.

Expenses 210