Are Kids Too Expensive?

Small Business Labs

Of course kids are too expensive. Department of Agriculture, it costs $234,900 on average to raise a kid.  By the way, these numbers do not include college costs. According to the U.S. This is up from an inflation adjusted $191,000 in 1960. By

How Do I Manage My Expenses After Getting Married?

Dumb Little Man

Markdown your shared monthly income as well as a list of your monthly expenses. After deducting your expenses from your income pool, decide how to ration what is left. Retirement – One excellent piece of financial advice is to start saving for your retirement as early as you can.

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How To Use Life Insurance For Your Retirement Strategy

Dumb Little Man

Retirement. The idea of retiring and running out of money can be scary, particularly for someone who’s not prepared. It’s the fact that there’s no hard formula to help you know how much money you need to prepare for retirement. In reality, life insurance can offer more as long as you’re able to pick the right type and utilize it in your retirement income plan. Now, you’re probably wondering: How do I utilize life insurance for my retirement planning?

5 Simple Hacks To Increase Your Retirement Savings

Dumb Little Man

Are you saving for your retirement? If you haven’t been able to start saving for retirement, you are not alone. Half of today’s Americans couldn’t afford $400 to cover an emergency expense without borrowing money or selling something. The importance of saving for your retirement cannot be overemphasized. Saving for retirement is not optional; it is something that everybody ought to take seriously. Cut Down On Living Expenses.

What Expenses Will Increase Your Happiness?

Dumb Little Man

If there wasn’t, all we'd have to do is control an impulse and we would all be debt-free and on our way to early retirement. Expenses that Increase Happiness For the first time in history, there is a wealth of research on the correlation between money and happiness.

The Trend Towards US Manufacturing

Small Business Labs

Blog powered by TypePad Member since 01/2005 « Non-Mortgage Debt and Working in Retirement | Main | Foreign Born in the U.S.  discusses the increasing and hidden costs of manufacturing in China, resulting in manufacturing in the U.S. becoming more cost effective.

2010 254

Disruption and the Analyst Industry

Small Business Labs

  It costs $79 a year to subscribe. GigaOm is trying to fill a need for timely, high-quality yet low cost data and commentary on emerging technology.    First off, this is a business expense so my after tax cost is quite low. 

2010 142

5 Important Tips on Sharing Finances in Marriage

Dumb Little Man

Be honest and open with each other regarding your monthly salary, side income, as well as your expenses. Short-term goals deal with how much money is allocated to cover your monthly expenses, hobbies, travel budget, and things you want to buy. Monitor your monthly expenses.

2020 204

5 Financial Emergencies Everyone Must Be Prepared For

Dumb Little Man

Financial security and planning can help us achieve the life goals we have set for ourselves such as purchasing a vehicle, a house, funding your children’s education and marriage, saving up for your own retirement, and so on. However, all these are expenses which one plans for.

2017 203

Things You Can Do As A Small Business Owner To Limit Your Tax Liability

Eco-Office Gals

Have A Retirement Plan. As an entrepreneur whose aim is to limit tax deductions contributing to a retirement plan is a good idea. A retirement plan will help you save some money because the plan will provide you with a tax deduction for the contributions.

2019 130

Free Blog Posts | Men With Pens

Men With Pens

Time to think about the retirement fund.&# “We get to retire? No one ever told me that…&# We both know there’s no retirement fund in what we do. Businesspeople understand investment, as opposed to cost. Prices always tend towards marginal costs. But when Deb mentioned the words ‘retirement fund’ and I actually barked a laugh, I started to think. (A I am retired now, a blogger, paid by Adsense and affiliate revenue.

2009 56

How to Budget Using the 50/20/30 Rule

Dumb Little Man

This percentage might sound too big, but once you list down all your fixed monthly expenses, everything will certainly make sense. You might feel like you’re too young to be saving up for your retirement but time flies so fast and before you know it, you haven’t saved enough for your future.

Budget 270

The Best Ways To Save Money In 2019

Dumb Little Man

401(k) plans are great ways to save for the future and by adding an extra 1% of your paycheck you can boost the amount you’ll take when you retire significantly. One simple way of cutting costs and saving money is the test of need versus want. Saving money is more important than ever.

2019 224

Moxie Tip 293: "Affording" Time Away is All In the Numbers

Virtual Moxie

To be profitable means that the business pays you, pays expenses not passed through to clients for their own work, and has a little left over. It’s the cost of the things that you can’t see—or, maybe better—that you don’t see all the time, that seem to get people all ajumble. Or making a contribution to a retirement account. Things like time off.

2012 141

"Affording" Time Away is All In the Numbers

Virtual Moxie

To be profitable means that the business pays you, pays expenses not passed through to clients for their own work, and has a little left over. And I say that because I’m realizing that many people who share the outcomes of their formulas do not do this piece—the piece about adding in time off as an indirect expense. Let me start by saying that some indirect expenses are easy to see, and therefore, to include when you're listing expenses.

2011 177

What To Look For In A Good Health Insurance Plan

Dumb Little Man

A good health insurance plan will help you cover the cost of illnesses and many other difficulties that might affect your financial security over the course of your life. Some of the more detailed benefits of a good health insurance policy include: Protection Against Unexpected Medical Costs.

2016 168

Can Vocational Training Help In Redefining Success?

Dumb Little Man

For decades, the advice was the same: Get an education, graduate, get a job, get married, buy a house, start a family, work until you are 65, and then retire comfortably. The cost of getting a college education has gone out of hand.

2019 197

Playing Great Defense With Money

Dumb Little Man

Gaining financial independence won’t happen overnight, nor will it happen only by knowing how to cut costs. The really good business manager doesn’t wake up in the morning and say ‘Today I am going to cut costs’ any more than he wakes up and decides to practice breathing.” -Warren Buffett. If you cut costs, you immediately keep that money. Think about how to cut costs and which areas you can do it. I run almost every day, and it doesn’t cost me anything.

2017 162

Important Tips for Safe Online Dating

Dumb Little Man

In fact, romance scams cost victims seven times more than traditional online scams on average. The average cost of an online romance scam is $2600. The cost of the average romance scam for septuagenarians is $10,000. Can online dating be done safely?

2020 159

5 Reasons Being Self Employed Sucks

Productivity Bits

Retirement Benefits. Contributions to a retirement plan are usually matched by an employer, and many businesses offer pensions and other benefits to ease the transition into old age. While the self-employed can invest in a tax-sheltered, individual retirement account, there are no matching contributions made from an outside benefactor. A self-employed individual, on the other hand, must take time off at the risk and expense of their business.

2011 197

Should City Governments and other Businesses look to Virtual Services to Save Money?

Tips From T. Marie

The article discussed how the City of Hickory, NC proposed offering early retirement to 84 of their employees. Reading the details of what would be offered in exchange for taking the early retirement deal didn’t really strike me as a wonderful option for those 84 people., Converting an in-office worker to a telecommuting employee saves money by reducing overhead costs.

2012 122

How to Know When to Quit

Dumb Little Man

We're often encouraged, from an early age, to stick with our projects at all costs – even when we're totally fed up. If all you can think about is the day when you'll finally graduate from college, or finally retire, then it's worth thinking about whether this is the right course for you.

2010 285

About Dementia: The Silent Epidemic

Dumb Little Man

Today, most people live well beyond childhood, their childbearing years, and even retirement. We all know that dementia care is expensive. One study found that it was 80% more expensive than caring for someone with cancer. The most basic care can cost $70,000 per year.

2018 174

You're Hired! Understanding Job Benefits

Office Dynamics

According to Consumer Reports, there are three key variables that need to be considered when picking out a health insurance policy: coverage, cost and whether your local health care provider accepts that insurance. You should also find out the expenses that you''ll be expected to cover.

2013 144

MBO Partners: A Business Platform for Independent Consultants.

Small Business Labs

  Their infrastructure service includes (from their website):  "group health benefits, retirement programs, a business and medical expense reimbursement program, billing and invoicing, and more."

2010 152

10 Must Have FREE Personal Finance Apps for iPhone

Productivity Bits

When trying to plan your financial future, retirement, or even weekend date, you want to save as much money as possible, while keeping a close eye on your personal finances. With the boom in mobile technology, your iPhone can help you save hundreds, and without costing you a dime.

Do You Know Your Lifestyle Ratios?

Productive & Organized

  Revenue, net income, total expenses, and payroll costs are just a few of the items that you may be monitoring on your profit and loss statement.  In the example below, this person is well on their way to retiring.

The Growth of Private Company Stock Exchanges

Small Business Labs

"  The major advantage of these exchanges is they provide a way for private companies and their shareholders (especially employees) to sell stock without going through the expensive and complex process of going public. 

2010 157

Large Companies Recovering - Small Businesses Still in Recession

Small Business Labs

  In response to the sales declines, the Intuit Trends Index shows small businesses cut expenses by 27%.    The good news is the cost cutting resulted in small businesses being able to improve their margins and profits in Q2 versus a very bad Q2 in 2009.

2010 197

3D Printing Comes Of Age

Small Business Labs

3D printers have been around for years, but until fairly recently they were expensive and used almost exclusively for product design and rapid prototyping. 

2010 157

Small Business Labs: The Growth of Private Company Stock Exchanges

Small Business Labs

"  The major advantage of these exchanges is they provide a way for private companies and their shareholders (especially employees) to sell stock without going through the expensive and complex process of going public. 

2010 130

Are Your Friends Sabotaging Your Business?

Men With Pens

If 2 out of those 6 hours are given away, it just cost me 33% of my potential income. By the time I expensed medical, insurance, retirement etc, I barely broke even. I met Lisa when she hired me for a business consultation about her new copywriting venture.

2011 88

How to Appreciate the Pain of Financial Problems

Dumb Little Man

In fact, I intentionally allowed it to be more painful than necessary by going through the process faster and cutting expenses more deeply. Halle had moved out on her own and asked her mom for financial help for expenses.

2011 285

Not all accountants are created equal (how do you choose an.

The Small Business Blog

Effective Small Business Planning Strategy Planning your small business is the best way to avoid costly mistakes. Community for small business outsourcing and cost control. Low cost accountants may not always mean that quality of services is lower. E-Mail me or follow me.

2006 207

Will This Tough Job Market Change Generation Y?

On The Job

And due to outsourcing, Boomers not retiring, and Gen Yers being told (by older generations mind you) to get degrees in their "passion" or that "any degree" is a path to end up with a lot of overworked, underpaid 20somethings.

2009 130

Service Untitled» Blog Archive » Book Review: The Retail Doctor's.

Service Untitled

The woman was retired, on a fixed income and now had a new puppy. Less expensive products were offered, but Jane kept coming back to her original choice, and just wanted to think about it. Jane replied by asking me, ‘How much would it cost me?’

2010 52