Buying life insurance can be scary! You’ll see endless options in any insurance guide which can be dizzying. Also, you’ll be forced to think about your own death during the evaluation process which, as you can imagine, is never fun. Since this process can lead to high stress, you will want to be prepared and ready to move through it efficiently and effectively without making any errors. Once you purchase the right life insurance policy, you will feel much better about your current situation, as well as the financial safety of your family should you pass away.
When planning your wedding, it is safe to say that you will do what you can to stay within your budget. Of course, this is easier said than done. Even when you think you have everything accounted for, there are expenses that will pop up and make you wonder what you are doing. As I planned my wedding over the past year (I got married in early August), the big expenses were simple to keep track of. This included things such as the rings, venue, DJ, transportation, and food. At the same time, there were smaller expenses, those that I had overlooked, that continued to sneak up on me. A few of them are detailed below:
Becoming a self-employed professional is beneficial for many reasons. After all, everybody gets tired of “working for the man” at some point in time. Before you jump the gun and quit your job, though, you need to understand what it means to be self-employed. More specifically, details such as self-employment tax need to be considered.
Even though it may be foreign to you, learning the ins and outs of self-employment tax is easier than you may think.
What is Self-Employment Tax?
You never know when you will be faced with a complex tax situation that calls for outside help. If you are lucky, this will never happen to you. But unfortunately, there is no way of knowing for sure. There may be a time when you’ve fallen behind on your taxes, and now you’ve got the IRS pounding down the door to collect. This situation can get pretty scary because no one wants to deal with the IRS! You can handle a lot of tax situations on your own, but there are some special personal cases and many other cases if you own a business where hiring a tax attorney makes sense. Also, don’t get a tax attorney mixed up with a certified public accountant (CPA). CPA’s specialize in tax preparation and can answer tax questions you might have. A tax attorney comes into play generally when there is some sort of legal issue regarding your taxes. If you ever face any of the following situations it may make sense to hire a tax attorney:
Are you interested in hiring a certified public accountant (CPA)? As an individual, a CPA can help you file taxes while answering any financial questions that are on your mind. At the same time, many CPA’s specialize in working with business owners as well. Some people immediately reject the idea of hiring a CPA for their taxes beacuse of the upfront costs above and beyond a service like TurboTax. But, often these professionals can ultimately save you a ton of money with their expertise by using techniques and strategies that a computer program (or yourself) would not even know about.
So, you are thinking about getting a second job? This is never an easy decision. While there are definite drawbacks of securing a second job including all the extra time you will need to devote away from your family, friends, and personal hobbies, you don’t want to overlook the benefits and advantages. After all, you are doing this for a reason, right?
Before you send in your first application, it is important that you realize what you are getting into. Managing a second job, while staying productive in other areas of your life, including your family and primary employment, is not as simple as it sounds.
How do you feel about visiting a dealership for vehicle service? Some people believe that this is the best idea. Others believe that it is the biggest mistake one can make when it comes to maintaining their vehicle. If you are on the fence it is essential that you are aware of both the pros and cons of visiting a dealer for service.
Identity theft is one of the fastest growing crimes in the world. Due to the age of the Internet when we’re buying things online and sharing our personal information, our identity has become more vulnerable than ever. Virtually anyone with an Internet connection and some hacking savvy can find your personal information and steal it. If you have been a victim of identity theft or think that this is the case, there are several things you can do to get your personal and financial lives back on track. The last thing you want to do is let this slide, and hope that everything works out in the long run. Even though you may not feel up to it, there are several steps you have to take in order to restore your good name:
Before you invest your money, it is important to be aware of the fees attached to your particular type of investments. Any respectable, professional advisor should be able to explain every fee in great detail. The problem is that when we invest in our retirement accounts such as a 401(k) or IRA, we often don’t think about the fees associated with each mutual fund, ETF, stock, or bond. Before you do anything with your money, the following six fees are worth asking about:
No matter why you are hiring a contractor, one thing is for sure: you are going to be spending a good amount of money. In addition to supplies, you are paying for labor. Hiring a contractor is a great idea when you’ve decided the best solution is to bring in a professional rather than do it yourself. That being said, there are hidden fees that can turn this entire process into a nightmare. Below are several hidden contractor fees that I have personally “caught” over the past few months:
What do you know about debt consolidation? If you have a lot of debt, there is a good chance that you have been thinking about consolidation and what it can do for you. Before you do anything, keep this in mind: there are both pros and cons of debt consolidation. While you may think that this is the right move for you, once you realize the potential drawbacks you may change your position. From television commercials to Internet advertisements, you have probably come across several companies that specialize in debt consolidation. The problem with these advertising spots is that they only talk about the benefits. Unfortunately, this has tricked many people into consolidation when it was not the best decision for them.