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You hear the word almost every day, in commercials, at stores, and anything surrounding personal finances: Credit. All of us know about the well-known credit card companies (Visa, MasterCard, Discover), credit score commercials, and the infamous FICO score. How can we be surrounded by a word so much… and not know exactly what it means?! Don’t worry, you’re not alone. Credit scores, reports, and basics are easy to understand once you take the time to read about it! Credit follows us throughout life so it’s important we take it seriously and can do whatever we can to continue to better it! 
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New Year’s Resolutions come around every year. Most of us try and set new goals for things like going to the gym, eating healthier, and finding a new hobby. Come February, we’re tired and want to get back to binge-watching Netflix and scrolling mindlessly on our phones. The best goal you can set for yourself… being mindful of your money. As a financial coach, it’s my job to help people budget and save but with new technology and upcoming startups, there are so many different options to aid you. There are three main areas that you may be able to cut spending that you didn't even realize!  This post may contain affiliate links which may compensate us based on your interaction at no cost to you. Please read the disclosures for more information.
In a world filled with instant gratification and things always at our fingertips, it’s no surprise all of us are a little rushed into wanting more. It’s always great to create goals and achieve them but sometimes we lose sight of what we currently have. Remember when we wanted what we have? For some of us, it’s a job, a family, a successful hobby, or even just the ability to live on our own, pay rent, enjoy an apartment or home. When we are setting goals for the new year, it’s important to practice gratitude and reflect on how far we have all come.
 This post may contain affiliate links which may compensate us based on your interaction at no cost to you. Please read the disclosures for more information. As President Joe Biden made it final that the temporary student loan relief is coming to an end, student loan repayment is resuming for 40+ million borrowers on February 1, 2022. If you are one of these student loan borrowers and read this title, you may be intrigued or confused but you need to keep reading if you’re serious about eliminating your student loans or wanting to help someone eliminate their student loan debt.
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The holidays are here! Check out our new Santa in lights. I love this time of the year! Despite how joyous it is, it can also be stressful, especially from a financial perspective. It’s important that you start prepping in advance. Preparation will help to decrease anxiety and stress and impulse spending. It can be difficult to maintain your regular expenses while trying to take on the expenses aligned to this time of the year. It’s important to factor in spending for gifts (family, friends, bosses, assistants, and coworkers), decorations, charities, family gatherings, and yourself as most people pick up something for themselves. Guess what, if it is in the budget, go for it! Refer to this blog for more tips: Easy Ways to Save for the Holidays - IT'$ MY MONEY™  This post may contain affiliate links which may compensate us based on your interaction at no cost you. Please read the disclosures for more information.
So how does one ensure their business is inline with the tax law? When in doubt, connect with a professional. It can also be beneficial to get acquainted with the tax deadlines and work their expenses in their favor and lessen their tax bill and maximize their return. The more money you make, the more taxes you file. It is an unwritten rule that every business owner is aware of. As much as we all love our business to grow tremendously, not everyone loves paying taxes. The thought of taxes causes a cringe in most people and some may even try to evade taxes however this can only last for a certain period of time until the IRS catches up with you.  This post may contain affiliate links which may compensate us based on your interaction at no cost you. Please read the disclosures for more information. Operations for a business in its early stages tend to be difficult and in these situations, owners try to find different funding options like business loans or grants. Compared to other funding options, a business grant seems more attractive because it is essentially free money.They are a great way to establish your business without mortgaging your future. Types of grants
Grants can come in many forms:
Where to find business grants? There a number of available grants to the public however here are a few common sites to access grants
 My conversation with Award Winning Podcast Host and Best Selling Author, Marcus Garrett, inspired this blog. It includes various perspectives and some of his story.
A huge number of Americans are in debt and paying off interest on it. The credit card syndrome has hooked them into never ending debt but there are more than one ways to rack up debt. |
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