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What Companies Can Learn from the Southwest Airlines Crisis

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But it neglected to pursue long-term resiliency by investing in, for example, a systems upgrade, which is expensive and only provides “unmeasurable future benefits.” That way you can perform a cost-benefit analysis of a decision and determine how that choice might lead to possible business disruptions. But don’t wait.”

Learning 279
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Could Artificial Intelligence Eliminate Internships?

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From a strict cost-benefit analysis, training a revolving door of new employees who may or may not work out is exponentially more expensive than training a localized AI system that continues learning as it handles tasks. Doing so helps workers stand out, learn specialized skills, and further their careers.

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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

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The intricacies of managing your tax information, including all the nuances of making sure you filed your tax information the right way, can feel overwhelming. Firstly, it is the simplest and least expensive form of business to set up and maintain. Freelancers may be interested in a sole proprietorship for several reasons.

Legal 264
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What Is a Health Savings Account?

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We all know we need to prepare for future healthcare costs, but learning how much to save can be difficult. They let you cover medical expenses like copays and deductibles while providing a tax break and helping you save for the future. However, you can still use the money on qualified medical expenses. What is an HSA?

Health 278
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Should I Use a Robo-Advisor to Manage My Investments?

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Although these services are usually more expensive than a straight robo-advisor, it’s still often less than meeting with a traditional financial advisor in person. When you first sign up, the robo-advisor will ask you to complete a questionnaire to learn your general information and financial needs.

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3 Smart Money Moves to Make Before Starting a Business

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Although it’s tempting to get scrappy and assume you’ll learn and create a financial plan for your new business on the fly, it’s better to think ahead so you can avoid costly mistakes that you can’t afford. Tools such as Mint and YNAB (You Need a Budget) can be great resources for budgeting and tracking this key financial information.

Finance 346
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Do I Need to Buy Life Insurance?

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Keep reading to learn about the different types of life insurance policies, how to determine if you need to buy it, and how much your policy should be worth. People purchase life insurance to help their families replace lost income and cover final expenses after death. But it doesn’t have to be a painful experience.

Policies 264