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6 Ways Your Small Business Can Save Money

Running a small business requires some serious frugality when it comes to expenses. Especially if your business is relatively new, you want to make sure you are getting the most for your money while still being able to put some aside for savings. This can often be difficult when we get into old spending routines, … Read more6 Ways Your Small Business Can Save Money

IRA Withdrawal Rules: Penalty-Free Withdrawal From Traditional and Roth IRAs

Traditional IRAs can give you a tax break and grow tax-deferred. Roth IRAs are funded by after-tax money and grow tax-free. Along with your 401(k), IRAs will likely constitute the bulk of your retirement savings. But IRAs can also be used for non-retirement purposes. If you’re buying your first home or paying for college, you … Read moreIRA Withdrawal Rules: Penalty-Free Withdrawal From Traditional and Roth IRAs

The Amazing Power of Compound Interest

One of the most constructive, and destructive, forces in finances is the power of compound interest. Compound interest is interest that is not only paid on the principal, but also on the interest that previously accrued on your investment. On the other hand, compound interest can work against you — for instance, as finance charges … Read moreThe Amazing Power of Compound Interest

How to Choose the Best High Yield Savings Account

While traditional brick and mortar banks can be very convenient, they can rarely compete with the higher interest rates offered by their online counterparts. Personally, I think these online high yield accounts are the best place to stash your emergency fund and save up for your short-term goals, such as, saving money for down payment … Read moreHow to Choose the Best High Yield Savings Account

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