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80/20 Rule: Use the Pareto Principle to Improve Your Finances

80/20 Rule: Use the Pareto Principle to Improve Your Finances 6

The Pareto Principle, also known as the 80-20 rule or the law of the vital few, is an observation that 80% of the effects come from 20% of the causes. I often use the Pareto Principle in my job, primarily when we work on quality or process improvement projects. A beautiful thing about Pareto is … Read more80/20 Rule: Use the Pareto Principle to Improve Your Finances

5 Ways to Save Money on Kids’ Extracurricular Activities

5 Ways to Save Money on Kids' Extracurricular Activities 8

Whether your child is involved in school sports, music, dance, theater, art, or some other activity that goes beyond the scope of ordinary schooling, participation is costly. There are activity fees to pay, lesson providers to compensate, equipment, and supplies to purchase and, on occasion, trips to go on. All of this starts to add … Read more5 Ways to Save Money on Kids’ Extracurricular Activities

Quarterly Estimated Taxes Due Dates, Calculation, and Late Payment Penalty

Quarterly Estimated Taxes Due Dates, Calculation, and Late Payment Penalty 23

As a small business owner, you have to make estimated tax payments to the Internal Revenue Service throughout the year (about once a quarter). This makes it easier to afford the taxes you owe rather than have a lump-sum balance due at tax time. As a business owner, I will share with you how I … Read moreQuarterly Estimated Taxes Due Dates, Calculation, and Late Payment Penalty