If you receive a PayPal 1099-K, you need to be prepared for the possibility that a portion of your income might be double-reported to the IRS. ****Update: Check the following post for a more up-to-date discussion on 1099-K, and the requirements related to it.**** Last week, I received the new 1099-K form from PayPal. This …
Please, for the love of heaven, develop a marketable skill. You won’t earn more money until you do. In my personal life, I know quite a few people who want to earn more money. They jump from job to job and scheme to scheme, looking for just the “right” job that will provide them with …
As a home business owner, you need to protect your most important asset: You. You are your most important asset. As a home business owner and primary breadwinner, I am keenly aware that if something happens to me, things could quickly fall apart financially. Since my husband began working as an adjunct professor at two …
Home Business: Do You Need Disability Insurance? Read More »
Help your child get a hard start in paying for college with a 529 plan. Every month, money is automatically debited from my checking account and deposited into a 529 plan that I opened on behalf of my son. While it’s not a huge amount of money, and the end result will probably not pay …
It’s really hard to take a sick day when you own a business. Sometimes, though, you have no choice. Here’s how I handle sick days as a home business owner. I feel awful right now. I started feeling sick a couple of days ago, but I still did some work (but not as much as …
Including investing in your spending plan is a big part of long-term success. It’s how I’ve managed to meet goals and design a life I enjoy. As you create a budget or spending plan, it’s important to remember to plan for the long term, including investing. It’s easy to overlook setting money aside for investments …
