What to Do With Side Income - Updated for 2024!

Side income has become an even more prominent topic in the world of personal finance. With the rise of the gig economy and online platforms, more people than ever are exploring ways to earn extra cash. Whether you’re a seasoned side hustler or just starting out, the question remains: what should you do with that extra income? Handling Side Income in Your Budget In 2024, the approach to managing side income continues to evolve, adapting to new economic realities and opportunities....

May 2, 2023 · 3 min
multiple green trucks parked next to eachtoher facing front at an angle

2023 Guide: Investing in the Trucking Industry Without Driving

Investing in the trucking industry can be a lucrative decision, especially given its pivotal role in the economy. Every single day, trucks play a central role in transporting essential goods both nationally and internationally. This underpins the stability and growth potential of this sector. But, here’s a thought: what if you wish to invest in trucking without driving? Well, you’re in the right spot! This article is tailor-made for those who:...

January 29, 2023 · 11 min
infographic showing a man in a suit pulling on a credit score indicator

Credit Scores and What They Mean

When it comes to managing finances, one important aspect to consider is credit scores and what they mean for a client’s financial well-being. A credit score is a numerical representation of an individual’s creditworthiness, and it is used by financial institutions and lenders to determine the likelihood that an individual will repay a loan or credit card debt. There are several key factors that go into determining a credit score, including payment history, credit utilization, length of credit history, and types of credit used....

January 27, 2023 · 2 min
multiple sheets of tax statements overlapping eachother

The Impact of Taxes on Investment Decisions: How to Structure Investments to Minimize Tax Liability

Investing can be a great way to grow your wealth, but taxes can eat into your returns if you’re not careful. Here’s a look at how taxes can impact your investment decisions and strategies for minimizing your tax liability. How taxes can impact your investments Investment income, such as dividends and capital gains, is typically taxed at a higher rate than earned income from a job. Some types of investments, such as municipal bonds, may be tax-free at the federal level but may still be subject to state and local taxes....

December 15, 2022 · 2 min