Announcements

If you want to have stress-free retirement that doesn’t involve any financial complications, then you should buy an annuity. Investing in an annuity is a smart choice. In simple terms, an annuity is an agreement between you and an insurance company where you give them a chunk of your savings, and they pay it back to you with interest over the course of time. An annuity is an excellent option for someone who is not great at managing finances and prefers a steady income over hoarding money. Investing in an annuity allows you to get a fixed income over time, and you have a financially secure and stress-free retirement life. If you are wondering how an annuity works, you can … Read more

International wire transfer refers to a service provided by banks that allows you to send and receive money from your bank account to a recipient’s bank account from a different state or continent. But, you need to understand wire transfer regulations. You can transact an international wire transaction through your online banking services, key in the details of the person who will receive the money then pay for the transfer. Your bank then starts processing the transfer then channels it to the recipient in their account. Here are the rules that will guide you when you want to send or receive money from abroad: 1. Documents required to make a payment abroad You need to know that finance as a … Read more

Business leaders don’t like to think about the disasters that could befall their enterprises. But they should. Catastrophes aren’t just a small risk in the background, but a set of circumstances that impact most companies at some point during their lifetimes. Just look at what’s happened during the recent pandemic. Practically every business was hit hard.  Disasters that Could Bring Down Your Business In this post, we’re going to discuss some of the common disasters that bring down businesses so you can start preparing now to avoid them.  You Get Sued Our litigious culture means that every business needs liability insurance. Without it, you could have to stump up the entire cost of compensation for somebody who hurts themselves on … Read more

With Bitcoin, it can be easy to accidentally run afoul of the IRS, so it’s important to learn the rules. Bitcoin and other cryptocurrencies that buy, sell, mine, or use to pay for things can be taxable. If you are paid in cryptocurrency, this is taxable income. You report your transactions in US dollars, which usually means converting the value of your cryptocurrency to dollars when you buy, sell, mine, or use it. Here’s how Bitcoin could affect your taxes.  Bitcoin And Cryptocurrencies Are Property The IRS views cryptocurrency as property, not currency, for tax purposes. This may sound trivial, but it’s the basis for when the IRS decides that you owe taxes.  Here are the basic ‘realization events’ that … Read more

Online shopping is constantly changing due to the progress made in technology. According to Digital Commerce and the US Census Bureau, American consumers spent a total of $861 billion on online shopping alone just last year. Although the pandemic played a role, it’s not surprising to see the tremendous move to e-shopping. Are you wondering how you can save money even while shopping online? Here are some practical tips.  1. Use Flowcode to shop directly from companies Flowcode is a Windows-based programming app that makes it possible for customers and brands to connect directly without a middle party, namely the reseller or retailer. In what has become a more traditional purchasing system, customers procure their needed products from the supermarket shelves. Even when … Read more

Buying a house is one of the most significant accomplishments adults can achieve. It is the place where you begin a family and live out the rest of your days in peace. When buying a new home, you want to get the best deal possible and save some extra money on other things. That said, have a look down below at different ways to save money when buying a house. Use an Experienced Real Estate Agent  If you make use of a good realtor it will save you a lot of time, money, and heartbreak. A Real Estate Agent is a professional that has experience in the home buying process and contract expertise. If you want to get the best … Read more