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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

Allwork

Employers offering a range of financial support options — such as retirement planning workshops, debt management counseling, and savings incentive programs — can lead to a more stable, productive, and health-conscious workforce. Here are some options: 1.Retirement These tools can be integrated into an employee portal, allowing easy access.

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Who’s Stuck With The Bill?

Allwork

The rise in working remotely comes with several costs, which include internet subscriptions, computers and office equipment, home office furniture, security, insurance, and software. It may be up to the employer to decide on what benefits they offer (subject to local rules and laws). What are the costs associated with working remotely?

Expenses 317
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5 Tips to Make Filing Taxes Easier for Freelancers in 2023

Success

As a freelancer, it’s essential to ensure you know what to expect, so you don’t accidentally wind up with a huge tax bill. So, keeping up with all of the new rules about standard deductions, tax credits and other requirements can make anyone’s head spin, especially if it affects how much you have to pay. Every dollar counts.

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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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Lessons From Past Recessions

Success

For anyone who lived through the fear and uncertainty of the 2008 financial crisis, hearing ‘recession’ from news anchors and pundits can bring up anxiety and fear. brokerage accounts, selling a second car or hobby equipment, potentially downsizing, etc.)? Beef up your emergency fund.

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Business finance: The ultimate guide for non-finance people

BMT Office Administration

The beginner’s business finance glossary “Our P&L report shows that our revenue is now greatly exceeding our expenses, and we’re showing a considerable profit.” “In The catch is that a business’s fiscal year does not have to line up with the traditional calendar year.

Finance 105
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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., especially in the current economy.