Are you dealing with envy or worry in your financial life?
Money may be a physical reality on a balance sheet, but whether we like to admit it or not, it’s also a highly emotional topic. However rational and cool headed you like to think you are when it comes to your finances, scratch the surface a little and your personal wealth is likely to be tied up with all kinds of emotions - pride, shame and much more.
Paying your taxes on time is the best thing to do if you want to stay out of trouble. However, things may sometimes get out of hand due to loss of job or medical emergency. In such situations, you can be utterly helpless and may miss on your tax dues even if you have no intention of doing so. Unfortunately, you can face a tax lien against your property in this case.
Essentially, a tax lien is a claim that the IRS makes on your property when you fail to pay your tax liability. The tax lien is serious, even though it does not mean that the IRS will seize your property. If you fail to resolve the lien, you can face a tax levy that puts your property at the risk of a seizure. Considering the gravity of the situation, you need to understand how you can deal with it. Here are some basic facts you should know.
Retiring is perhaps something that is looked forward to by many people. Imagine working for a couple of decades before deciding to retire for good. Most people think that retiring means living peacefully in a vacation house near the beach, seated in the porch enjoying the sunset and the cool breeze of the outdoors.
Occupational injury or illness can be described as any injury or illness that is caused by an event or exposure in the work environment. In case an employee or worker develops an occupational illness or gets injured in the job, they are eligible for a claim via the employer’s business insurance policy. Once the claim is approved, the employee is entitled to wage replacement, medical coverage as well as other benefits. In order to access these benefits, it is essential for the employee and the employer to follow the requisite steps to make sure that the injury is compensable.
A financial advisor is a professional who can help you turn your life around. If you're stuck in debt, they'll curate a plan to help you work towards being debt-free. If you're earning a lot of money but don't know how to use it well, they'll offer investment advice that'll help transform your life. But you must share your financial information, life goals, as well as future concerns with them.
Therefore, it’s essential that you find the right one as you'll be sharing lots of sensitive information. Luckily, here is some information about how to find a financial advisor.
Do you have any favorite personal finance influencers and bloggers?
As a personal finance (and health) blogger myself, I have quite a few that I look to for inspiration and knowledge of the subject. After all, I realize I have so much more to learn. I consider myself a constant student of the subject.
Also, I enjoy commenting on various blogs and having a chance to engage people. It’s a great way to learn from each other as well as get Run The Money a little exposure.
I thought I’d share with all of you the personal finance influencers and bloggers that I follow. What’s fun about the blogging world is everyone has a different voice and perspective. So, it’s interesting to see the view each blogger takes on all matters personal finance.
Check out my list below and compare it with the personal finance influencers you check in with on a regular basis.
Medical emergencies cannot be predicted but can be financially planned ahead of its occurrence, through a health insurance cover. More so this helps to handle a panic situation with at least the financial aspect of it being taken care of. Hence offers some mental peace while battling something more serious. In this day and age, health insurance options are many, so choosing our best fit can be a challenging search.
Everyone has different reasons for retirement. Some have to unwillingly stop working due to health issues or compulsory retirement policies. There are others who need to retire since they are already burned out or tired of doing the same job for many years. Some have to retire early to care for a loved one, while are others are lucky enough to be financially able to retire early.
Finances are arguably the most important factor in any business operation. This is especially true for small businesses—while they’re crucial to our economy, it’s hard to manage all the expenses. Here we introduce the top money-saving tips for small businesses.Read more
If you feel like there is about as much chance of you paying off a growing debt burden as a snowball has of staying frozen in, well, you know where, then you may be on the right track. Using the debt snowball method to eliminate balances can help you see progress toward meeting your financial goals as you work, giving you the confidence and motivation to keep going. If you are unfamiliar with this method, keep reading to learn more.