making today's financial decision to have money later

Lease Accounting Made Simple: 4 Easy Steps To Calculate Your Lease Rate

Leases are very important documents that establish a contract agreement between an owner and a renter for a set period of time. Sometimes leases are short, while other times they can be quite extended. Some lease agreements even ultimately allow the renter to purchase the property under clearly established terms over a specified amount of time. Lease accounting is regulated in the US by the Financial Account Standards Board, which is colloquially referred to as FASB.   Read More...

What You Should Focus On When Doing Financial Planning

If you are an adult, you already do some kind of financial planning on a regular basis. You budget for family expenses and put money away for holiday gifts, for example. However, when you start thinking about long-term financial planning in order to plan for your retirement, make large purchases or any other reason, you'll need to have more discipline. Focus on the following ideas when planning your finances. Setting Goals   Read More...

Safeguarding Your Wealth: Protect Your Passive Income And Other Investments

All investors should take appropriate steps to ensure their wealth is protected. Your portfolio serves as your lifeline once you retire, so it is crucial you do all you can to ensure that it is protected from any potential pitfalls. Whether you are earning passive income or utilizing more traditional investment methods, be certain that your biggest assets are protected. Formalize Partnerships Many times, investors will go in together on a variety of investment opportunities.   Read More...

Financial Planning Tips To Consider Before The Birth Of Your First Baby

When you and your spouse learn you are expecting, the joy can be immense and scary at the time. You may think about many things you need to suddenly get done before the baby is born. Most new parents spend a lot of time and money buying all the necessities for a new baby like a crib, changing table, and boxes of diapers. While all of these things are important to consider when you learn you have a new baby on the way, you should remember that financial planning around the birth of your baby is also important.   Read More...

3 Reasons You Don'T Have An Emergency Fund (And What To Do About It)

Are you of the many Americans who has no idea what they'd do if faced with an emergency bill or other financial obligation? If you're sick of making excuses and ready to build your emergency fund, consider the 3 reasons listed below why you don't have an emergency fund and find out what you can do about it.   You Can't Seem to Kick That Daily Coffee Habit  If you stop every day on your way to work for your morning pick me up, you may not realize just how much you're spending.   Read More...