1. Protection for personal assets If you operate your company as a sole proprietor or you're a general partner, the law doesn't see any separation between you and the company. If your business is sued and there's a judgment against you, personal assets are at risk. If your company gets...
Women face a lot of financial hurdles – including, it seems, making too much money. As much as they have worked to achieve equality and, specifically, equal pay, apparently, if married women go a small step further and earn more than their husbands do, a different set of issues arise....
Even in a strong economy, it's possible to lose your job. Sometimes it's your own fault, and in other cases, you get laid off or your company goes out of business for reasons that have little to do with you. No matter why you are out of work, it's important...
For women in particular, divorce is financially perilous — at least, that’s what nearly all the studies tell us. There’s even a phenomenon sometimes referred to as the “divorce gap”: It was documented by Stephen Jenkins, a professor then working at the University of Essex, who found in a 2008...
There are a variety of decent retirement savings benchmarks out there. How much other people your age have saved isn’t necessarily one of them. After all, age is just one factor in how much you should have saved for retirement, and it assumes you and everyone else who hit their...
House rich and cash strapped is a common predicament for many older homeowners — particularly in pricy housing markets with high property tax rates. In a recent analysis by Zillow and Thumbtack, property taxes, utilities and homeowners insurance added up to $6,327 a year for the median-priced U.S. home, with...
Getting your finances in order is not easy. Not at all. Between a mortgage/rent, car payments, student loans, credit card debt, and impulsive purchases here and there, merely looking at your bank account may make you want to curl up in a corner, cry, and pray for the money...
Americans aren’t sleeping all that well these days. Sixty-nine percent of people report occasionally losing shut-eye because they’re worried about something, according to a Bankrate survey. And 36% of those folks point to money as one of their primary concerns. It’s not hard to understand why this is happening. According...
If you plan to live off your Social Security checks, you may want to consider relocating to a state where you will get more for your money. Personal finance website GOBankingRates ranked which states are most affordable based on average monthly benefits — $1,295.08 — and the overall cost of...
If you’re thinking of moving during retirement, it is likely to a smaller place. Three out of four Americans say they would downsize their home to reduce ongoing costs and benefit from the equity, according to the 2017 study “Finances in Retirement: New Challenges, New Solutions” released by Bank...
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