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5 Long-Term Financial Goals and How to Achieve Them

Success

Pay off major debts Expected time: 5+ years Account types: Credit card debt, mortgage, student loans, car loans Getting out of debt is essential to the success of your other long-term financial goals. Opening a college savings fund for your child when they’re young can help you save for their future college expenses.

Goals 286
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The Biggest Financial Mistakes to Avoid in Your 20s

Success

A turbulent housing market: 2023 was the most expensive home-buying year in a decade. Not to mention, low wages, staggering student debt and compounding credit card debt. In the long run, this ignorance is bliss mentality only leads to more problems, whether it’s mounting credit card debt or puny retirement funds.

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The Biggest Financial Mistakes to Avoid in Your 20s

Success

A turbulent housing market: 2023 was the most expensive home-buying year in a decade. Not to mention, low wages, staggering student debt and compounding credit card debt. In the long run, this ignorance is bliss mentality only leads to more problems, whether it’s mounting credit card debt or puny retirement funds.

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4 Smart Money Moves to Plan for Financial Security

Success

Besides all the external factors that have essentially set them up for, well, failure (think the Great Recession and the COVID-19 pandemic), only 16% of millennials can be considered financially literate, according to George Washington University’s Global Financial Literacy Excellence Center. Trust me: I get it. The key is to start today.

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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

To clear things up, we’ve put together this extensive guide breaking down what you should and shouldn’t include in your employee files — so read on to learn more. Are your employees up to date with their fire safety and first-aid training? Also, you’re legally obligated to retain these records for at least one year by the EEOC.

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Finance for Recruitment Entrepreneurs

Recruit CRM

For the purpose of finance, your company will be treated as a separate legal entity, i.e. separate than the promoter (or shareholders). So if you have billed a total of $40000 for five placements in a particular month and have one employee and some regular expenses then your profit and loss statement will look like this-. in Finance.

Finance 52
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3 Steps to Take Before Going Into Business for Yourself

Success

As the world begins to open back up, many of us hesitate to give up this flexibility. Before going into business for yourself, you should have an account set aside to save for these additional expenses. As a W-2 employee, you know exactly how much you’ll be paid each month, making planning for life’s expenses easier.