Is it a Hobby or a Business - Tax Implications and Perks

Do you have a hobby that creates a bit of cash flow? In this post we explore the gray area between a hobby and business and the tax considerations both situations.

Personal Finance

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Is it a Hobby or a Business - Tax Implications and Perks

Is it a Hobby or a Business - Tax Implications and Perks

Do you have a hobby that creates a bit of cash flow? In this post we explore the gray area between a hobby and business and the tax considerations both situations.

Personal Finance

Read More...

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Costs and Benefits of Preschool vs College
  • September 4, 2019
  • by Emily

Costs and Benefits of Preschool vs College

We all expect college to be expensive, and many parents spend over a decade saving for their children’s college fund. But what about preschool, how much does it really help a child over their lifetime?

Family and Finances

The Inverted Yield Curve and How Well It Predicts a Recession

The Inverted Yield Curve and How Well It Predicts a Recession

A description of yield curves, what it means when they invert, and a table of historical yield curve inversions with associated market tops and recessions.

Financial Literacy

A Reverse Bucket List for Financial Freedom

A Reverse Bucket List for Financial Freedom

When it comes to financial goals, avoiding certain things can be just as important as taking action on others. Here are some things NOT to do when it comes to financial freedom.

Personal Finance

How to Drop the Financial Baggage Your Parents Gave You

How to Drop the Financial Baggage Your Parents Gave You

Your parents may have taught you how to ride a bike or drive a car but did they teach you how to properly manage your finances? Many parents are guilty of loading up their kids …

Family and Finances

How Much to Save for College?

How Much to Save for College?

Our approach is a) college savings is a monthly budget item, b) our kids will be aware of two cost savings routes that make a degree 25% cheaper.

Family and Finances, Budgeting

Why Home Ownership Is No Longer the American Dream

Why Home Ownership Is No Longer the American Dream

One of the components of the American Dream has always been owning a home. Yet, over the years, the American Dream has transformed and home ownership rates are well below their 2004 high.

Homes and Real Estate

Is Lump Sum Versus Dollar Cost Averaging Better?

Is Lump Sum Versus Dollar Cost Averaging Better?

Let’s say you have $12,000 cash to invest in the markets. What is the best way to deploy that money - all at once or spread out over time? It depends on your risk tolerance. …

Financial Literacy

How Asset Allocation Is Related to Net Worth and Risk

How Asset Allocation Is Related to Net Worth and Risk

Do you know what your net worth is, where it is allocated, and how much risk you are carrying? This post shows how three families with very different asset allocations fare over a five year …

Financial Literacy, Net Worth

Home Improvements That Give a Return on Investment

Home Improvements That Give a Return on Investment

If you want to add value to your property, here are a few renovations that will help you increase your bottom line, both for resale value and when staying put.

Homes and Real Estate

How to Become A Lawyer Without Debt

How to Become A Lawyer Without Debt

Did you know you can become a lawyer in the United States without going to law school (and without suffering under a mountain of debt)?

Personal Finance

5 Ways Your Social Circle May Be Costing You a Secure Financial Future

5 Ways Your Social Circle May Be Costing You a Secure Financial Future

It may be hard to notice at first, but your friends may be costing you a secure financial future. In order to avoid the potential negative influence of our friends, here are 5 trends you …

Personal Finance

Negotiation Tactics That Can Boost Your Financial Security

Negotiation Tactics That Can Boost Your Financial Security

Do you lack negotiation skills and assertiveness? If so then car dealerships, employers and loan sharks want to work with you! You are leaving money on the table and lining their pockets by not sharpening …

Financial Literacy

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