When I started my company, I was the only one on the payroll. I handled all of that myself because even if I had wanted to hire an accountant in Woolloongabba, I would not have been able to afford one. As business picked up, so did my number of employees. I only added one at a time until I reached five employees, then I was able to hire more because of a huge contract that I had picked up. It was at this point that I knew I needed to finally hire a professional accountant.
I had been managing on my own up to this point, but I was definitely struggling a bit in the process. Taking care of just one aspect of accounting is difficult enough for a busy person, but handling all aspects makes it very tedious and tiresome. Read More →
I have recently inherited a little bit of money and I have been trying to figure out what to do with it. The first priority is to keep as much of it as I am able to do without going to jail. I obviously do not want to pay more of it to the government than I absolutely have to, but I do not want to do anything flaky and end up getting the IRS in my business. I realize that to keep the money I probably have to find something to invest it. The shark report blog is what I am reading right now, but I have been looking all over the internet trying to figure out what I need to do and how I can do it. I know I do not really want to hire a stockbroker. I have the idea that most of those guys are interested in collecting commissions, they want to buy this and then sell it and charge you ten percent on each transaction. That seems to be their real priority.
I do not want to share my money with the IRS, but I realize that I have to do it and the alternative is not very pleasant. Of course you might get away with it, but I am not very good at getting away with stuff like that and so I do not do it. I have a choice when it comes to a stockbroker. I do not want to share my money with them, and so I will not. If I was sure the guy was going to earn his cut that would be fine with me, but I am pretty sure I can find some way to get the same rate of return without paying some guy. I want something safe and hands off.
My father-in-law told me that everyone can afford a child. His attitude is that it just works out. I guess he was referring to simply finding a way to make do and get by no matter what the circumstances were. Well, let me tell you, kids are expensive. When I was growing up I ate what was put in front of me whether it was good for me or not. My parents thought a healthy diet was plenty of meat and lots of goodies. A lot more is known about nutrition now, and baby food coupons are the only thing helping us to be able to afford the healthiest diet for our baby.
Sure, you look at a jar of baby food and think how it is not too expensive. You consider the small servings a baby eats, and kind of get a cost estimate in your head. Now add on top of that diapers, the baby bag, car seat, bibs, clothing, shoes that almost cost as much as my shoes, more diapers, crib, toys and other stuff. After you are done adding that up, tack on more clothes and diapers. Read More →
What Is The Right And Wrong Way To Use Credit Cards?
Credit cards can help you to build credit, and manage your money wisely, when used in the correct manner. There are many available, with some offering better options than others. This article contains some useful tips that can help credit card users everywhere, to choose and manage their cards in the correct manner, leading to increased opportunities for financial success.
Take advantage of the fact that you can get a free credit report yearly from three separate agencies. Make sure to get all three of them, so that you can be sure there is nothing going on with your credit cards that you may have missed. There may be something reflected on one that was not on the others.
Always adhere to a budget when it comes to using credit cards. Many people think a budget is only for the bills you owe; however, you should also set a budget for credit card usage. You do not want to think of your credit card as extra money. Therefore, it is important to set a budget stating the amount of money you can charge to your credit card. Never go above that amount and make sure to pay it in full every month.
If you have a credit card with high interest you should consider transferring the balance. Many credit card companies offer special rates, including 0% interest, when you transfer your balance to their credit card. Do the math to figure out if this is beneficial to you before you make the decision to transfer balances. Read More →
Read This Valuable Information Before Getting Your Next Credit Card
There are many things that you have to have a credit card to do. Making hotel reservations, booking flights or reserving a rental car, are just a few things that you will need a credit card to do. You must carefully consider the use of a credit card and how much you are using it. Following are a few suggestions to help you.
Obtain a copy of your credit score, before you begin applying for a credit card. Credit card companies will determine your interest rate and conditions of credit by using your credit history, among other factors. Checking your credit score before you apply, will allow you to make sure you are getting the best rate possible.
If you find that you have spent more on your credit cards than you can repay, seek help to manage your credit card debt. It is easy to get carried away, especially around the holidays, and spend more than you intended. There are many credit card consumer organizations, that can help get you back on track.
Pay close attention to your credit balance. You should also remain aware of your credit limit. Going over this limit will result in greater fees incurred. When you continue to exceed the limit, it is going to take much longer to pay it off. Read More →