Money Management

employees

Finance Tips for Independent Business Owners: Tracking and Managing Expenses, Profit and Cash Flow

Managing a new business requires careful planning and strategic efforts to ensure it survives its first few years. Whether you are running a startup brand or aiming to grow a small business, you need to make smart decisions to avoid failure. You also need to come up with short-term and long-term goals to prepare for […]

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Good Accounting Practices That Help You Pay Your Business Debts Faster

Don’t feel bad if you didn’t make much of a dent in your business debts this year. After all, no one saw the pandemic coming. Businesses, governments, and households alike were unprepared for its impact on our finances. But now that it’s almost hopefully over, it’s time to take stock of where you are financially-wise

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Family

What Science Can Tell Us about Improving Our Children’s Personal Finance Skills

Making a living in today’s world often seems more difficult than in decades past. The cost of living keeps rising, but not all occupations keep pace in terms of wages. Simultaneously, competition in the workplace is increasing, not only from humans but from machines. Each successive generation feels this burden. It’s already threatening to squeeze out

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Lessons We Learned from Past Economic Crises

During the COVID-19 pandemic, it’s important not to lose hope in the fate of our businesses. We can still thrive during and after the pandemic. It’s because we’ve learned throughout our history that businesses overcame the challenges of economic crises. It all depends on how businesses operated and made decisions. As the Miick Method said about businesses,

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The Second Stimulus Package: Any Hopes for a Happy Resolution?

On October 2020, news outlet CNBC asked Americans whether they want a second stimulus package (aka the $1,200 stimulus check). Many of them said “yes.” At the same time, however, many Washington lawmakers were unsure. Fast forward to November 2020, a few weeks post-election, President-elect Joe Biden sat down with Senate Democratic leader Chuck Schumer and

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Elementary Entrepreneurship

Summary: The article details how one can apply the lessons learned from childhood nickel-and-dime operations to larger businesses. You don’t need an expensive college education to start a business. Kids have been starting businesses for ages, and you can learn a thing or two by looking into how they run their small operations. Look for

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man using computer

How to Manage Your Finances as a Freelancer

Freelancing is becoming more and more of a viable career for Americans. According to Upwork’s most recent Freelancing in America report, an estimated 57 million U.S. workers freelance. This is mainly dominated by the younger population, as Generation Z freelanced more than any other generation of workers since the yearly report was created. Freelance work

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