High Earning Opportunities for 50 Years Young

Becoming an entrepreneur is not an easy task for anybody. It requires finding the right business for you. After determining which field of business to pursue, entrepreneurs need to plan their business goals strategically. For the lucky entrepreneurs, who already have arranged their capital, they can begin to implement their business plan. Let’s consider that you already have the capital to begin the business. So what’s the next step? Initially, start by implementing a smaller scale model of your business. Once the miniature version of your business plan becomes successful, all at once, expand extensively. Let’s look at some business

Continue reading

How to avoid mistakes with online bill payments

How to avoid mistakes with online bill payments

Donny sat down at his desktop computer at the end of the month as usual and began the process of paying his bills. Time was not on his side this day as his favorite football team prepared to take the field in 20 minutes. Soon, his friends would arrive to watch the game with him on television, and he still had to prepare game time snacks. With his mind on the upcoming event, Donny quickly moved through the bill payment motions. He opened up a web browser and sent one payment after another, including electricity, gas, water, telephone, and then

Continue reading

Who should be the owner of the 529 plan account?

Who should be the owner of the 529 plan account

Do you hope to help your grandchildren pay for college someday?  As college costs continue to increase, more and more students are depending on 529 college saving plans, as well as expecting to qualify for federal financial aid. For those students fortunate enough to have family members that are able to help contribute to a 529 plan account, the question often arises as to who should own the 529 account – a grandparent, a parent, or the child themselves? This question becomes difficult to answer when the student also needs to qualify for federal financial aid. To compound this even further,

Continue reading

Tips to Make Money Last

Most of us want to stretch the dollar and lessen expenses. To have enough money to cover all the bills with enough left for travel, entertainment, and fun. The truth is that prices increase more than our income does. And some of us have trouble covering rising costs. I know what it feels like to struggle with inflation and rising costs. It is exhausting. Here are a few ways I found that helps me keep more money in the bank. Budget -- create a list or spreadsheet and plan how you want to spend money. Keeping and following a budget

Continue reading

Charitable giving: How to maximize your donations

When it comes to charity, many Americans have been able to “give ‘til it hurts” — knowing the pain would be only temporary. They could write off the donations on their next tax return. However, changes ushered in by the 2017 Tax Cuts and Jobs Act could make the process less comfortable. While the tax plan will make filing simpler for many taxpayers, those accustomed to deducting their charitable donations may have to make some adjustments. Here’s what you need to know about maximizing your donations in the new federal income tax landscape, as well as finding other ways to

Continue reading

Tips on Saving Money for Retirement

A great question to ask when buying something, especially big ticket items, "Is this the best you can do?" It doesn't hurt to ask. A recent article at Money features Sam Parr, founder of The Hustle, a media company that produces a popular business newsletter, has raised over $1.3 million in funding. Parr credits most of his success to the smart money habits. Save More If you're frugal and shop smart, you can put what you save into a retirement account, don't just leave that extra money sitting in the bank. Put it in a savings account. Aside from saving

Continue reading

How can identity thieves use your personal information?

If an identity thief gets ahold of your information, it can be used in many ways. Your Social Security number can be used to create new accounts, take out a loan or apply for a job. Your bank account can be drained and fraudulent purchases can be made. Someone can use your information to see a doctor or get prescription drugs. If you lose your driver’s license or your wallet is stolen, someone might use your ID to avoid a DUI or speeding ticket or might try to purchase controlled items. If you’re a parent, teach your kids safe online

Continue reading

 4 Work from Home Jobs to Increase Retirement Income

 4 Work from Home Jobs to Increase Retirement Income

Are you bored with your retirement life and want to continue working? Well, you’re not alone, because a lot of people choose to work in their 60s, 70s, and even 80s. According to Bloomberg, for example, almost 19 percent of people aged 65 and older were working at least part-time in the second quarter of 2017, which was the highest employment rate in 55 years. The reasons why retirees continue to work when they don’t have to are numerous. Some would like to continue to pursue their life’s passion, support worthy causes, earn money, or just stay socially active. The

Continue reading

Financial Challenges of Senior Citizens

While retirement years are depicted as a period of relaxation and fun in advertisements and movies, the reality is many face financial challenges as senior citizens. If you are helping someone with their retirement planning, or are planning your own retirement, a few strategies can help you cope with feelings of anxiety or worry. Managing Financial Security It is common for individuals to think they will be able to manage their finances on their own throughout their lives. But for many, this is not the reality. Receiving support to juggle medical bills and investment accounts is often needed. This is

Continue reading