Tag Archives: financial planning

Budgeting tips for people with fluctuating incomes

In 2020, there were more than 64.6 million people working freelance in the U.S. According to Statista, by 2027, 86.5 million people in the U.S. will be freelancing, accounting for more than 50% of the total U.S. workforce. Freelancers, as you likely know, don’t get paid a set salary by one company; instead, these gig and contract workers make income from clients…

Read more

How to build a small business cash budget

I keep a framed Coco Chanel quote on my desk. It reads, “The best things in life are free. The second best are very, very expensive.” Running a small business falls squarely in the latter category, most of us can agree.

Cash is the lifeblood of any small business, so it’s critical to monitor your company’s cash position and predict how it’ll change in the near future…

Read more

What is a robo-adviser?

Robo-advisers have become tremendously popular over the last decade, and rightly so. They automate the investing process for you, making it simple to invest in a diversified portfolio of assets, and they charge much less than a typical financial adviser. So it’s little wonder that many investors have turned to them, and robo-advisers now manage hundreds of billions…

Read more

How much money should I save a month?

We’ve all got dreams. Maybe yours is drinking from a coconut on a beach in Bora Bora during your honeymoon, raising a family in a warm and comfortable home, or biking through the countryside of France as a retiree — blissful and excited for the next phase of your journey.

Maybe you’d just like the ability to afford healthcare. Or you’re stashing…

Read more