Have The Right Mindset For Wealth Building

Wealth building as a two-person team effort. At the helm is an advisor who helps you make smart investments, review your financial history and focus your goals, but right after that is you. What is your purpose you might ask - to stay on target and have the right mindset. When it comes to building wealth, your train of thought can make or break your efforts. Be a Doer Not a Thinker [Read More]

3 Things You Could Use A Home Equity Loan First

If you have a mortgage on a home, you might be wondering if a home equity loan is right for you. There are some instances where a home equity loan is a good idea and where you would be encouraged to take out a loan against your house. Here are some ideas. 1. You Need Retirement Many people have the majority of their savings and investments in their home. This means that, when the time comes to retire, they may not have the money that they need to help them cover normal expenses. [Read More]

Setting Up A Solo 401(K) Retirement Plan For A Small Business

Self-employed individuals are allowed to fund an individual retirement account, but there are better options available. Owners of small businesses can maximize their retirement account contributions by establishing a solo 401(k) plan. A solo 401(k) plan is similar to a regular 401(k) except that the solo plan is available only to self-employed individuals. The owner of a small business is considered to be both the employer and the employee for purposes of funding the plan. [Read More]

3 Tips To Reduce How Much An Audit Interferes With Normal Operations

Going through an audit, even if your company's books are in order, takes time. There are ways, however, to make the audit process smoother so that it doesn't interfere with your day-to-day work. If your company has an upcoming audit, used these audit preparation tips to help make the audit as easy as possible. Pull All Required Information Ahead of Time The auditors will need access to information in lots of documents. [Read More]