Category: Money

busy building cash

Busy Building Cash

I’m still busy building cash. Recently, I’ve decided to split my cash savings into two different accounts. Half will be going to my current savings account and the other half to my brokerage account. There are a few reasons why I’m taking this approach. Here is a quick summary. Too Much Cash? I don’t consider […]

Like it? Share it!

Read More

Being Smart About Your Company’s Finances

Finances will often be an essential resource for every company, with successful corporations and startups looking for ways to increase their profits while minimizing losses. Unfortunately, events such as fire hazards, malware attacks, and poor management will often hinder this, resulting in unforeseen expenses. Below, we look at ways companies can safeguard their finances for […]

Like it? Share it!

Read More

importance of an emergency fund

The Importance of an Emergency Fund

importance of an emergency fund

I can’t understate the importance of an Emergency Fund. Recently, I had a string of expenses, and if I hadn’t had cash saved up, then I might have found myself in debt.

Recent Expenses

They say when it rains it pours. That recently happened to me. In the past two weeks, I had to replace the battery in my tractor, take my truck to the dealership for service, and replace a power vent for my furnace. In all, I was looking at about $650 in expenses. While not a lot in the grand scheme of things, it was still a decent amount to shell out in such a short time.
(more…)

Like it? Share it!

Read More

Equity

Should You Take Equity in Exchange of Salary?

Should you take equity in exchange for salary? Equity payments are common with many start-up companies and some mature companies. They allow younger companies who may be lacking in cash to save on salary by offering their employees alternative means of compensation. Larger corporations may also use this strategy to attract and retain talent. Think […]

Like it? Share it!

Read More