Tag: Savings

How Accurate Financial Statements Can Fuel Business Growth

Financial statements can impact your business growth in multiple ways. They give you a snapshot of your company’s financial condition, create transparency with investors, inform decision-making, mitigate accounting errors, and promote business continuity.

Savvy business owners understand the importance of having a complete, up-to-date understanding of a business’ financial status. One of the most …

How Accurate Financial Statements Can Fuel Business Growth

How to Avoid Common Cash Flow Management Mistakes

Effective cash flow management will prevent businesses from overspending and support the company’s long-term prosperity.

Cash flow is crucial to the survival of your business. Managing money is an essential skill that every entrepreneur must hone as their business grows…

How to Avoid Common Cash Flow Management Mistakes

Early Mortgage Payoff?

DNB First shared a link to an article today about “why you should make an extra mortgage payment” and it made me wonder, how many people have been able to pay off their mortgage early? Continue reading “Early Mortgage Payoff?”

Retire Early?

Although it may not always be a possibility for everyone, preparation is key. Remember, its’ never to early to plan for retirement. As this couple found out early retirement was achievable by making some quick drastic changes. In her article, Andrea Coombes lays out 8 tips for success from early retirees.

http://youtu.be/6l5HXLWBFqo

Vince Liuzzi

What’s wrong with my savings plan?

A surprising statistic about the decline in personal savings rate of consumers in America was shared recently in a report published by Nerd Wallet. The study shows a sharp decline in savings rates post the 2008 economic crisis. Through the end of the third quarter of 2013, the consumer savings rate in the United States was 4.9% – down from 5.8% in 2008 – a 10 year high mark. Continue reading “What’s wrong with my savings plan?”

Too young to be thinking of retirement? Think again!

So often, consumers get focused on financial planning for retirement way too late. While it may seem years or even decades away, the truth is – you should start this process early in your income earning life stage. Start planning for retirement when you begin your career; not when you look to end it. Continue reading “Too young to be thinking of retirement? Think again!”