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Online funding management systems have made it popular and convenient for entrepreneurs to ask for and collect startup funds from family and friends. Hundreds of now successful young businesses got their early boost from benevolent relatives and friends.

Paying for college is one of the biggest financial challenges families face. Tuition costs just keep going up, making it increasingly important to plan ahead and explore all the different funding options. Fortunately, there are multiple ways to cover these expenses without putting an overwhelming strain on your finances.

Spring cleaning isn’t just for your home—it’s also a great opportunity to tidy up your financial records.

Life insurance is a critical component of financial planning, providing a safety net for loved ones in case of an unexpected loss. While purchasing a policy is an essential first step, it’s equally important to review your life insurance periodically.

As a responsible head of the family, you’re likely always on the lookout for ways to secure your family’s financial security. Estate planning is the foundation of endeavors such as this.

Running a business often means taking calculated risks, including extending credit to customers or offering loans to other businesses. While this can foster growth, it also comes with the possibility of nonpayment. When debts become uncollectible, they are classified as bad debts.

When it comes to small business ownership, retirement planning often takes a backseat to the daily grind of running the business. Between managing employees, overseeing operations, and focusing on growth, thinking about retirement might not seem urgent.

One of the best New Year’s gifts you can give yourself is to get out of debt in 2025. It’s totally possible to achieve in a year’s time for many people. Here are some tips to help you spend less and pay down your debt faster.

Curtail Spending

Did you know it’s possible to make your vacation time tax deductible? But before you drag down the suitcases from the attic and pack the family SUV, you should know the legalities of doing this to comply with the IRS.

One of the responsibilities that business owners have is to ensure compliance with tax laws. Thankfully, your CPA helps with this complex task, but there are some aspects of being a business owner that must be decided as an owner. One of those is compensation.