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Showing posts with the label Frugal Finance

The Top 4 Social Media Tools for Your Business—In Order

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Are you hoping to launch a successful social media campaign? The process can be overwhelming: between producing content on a multitude of platforms, publishing at the right times, interacting with followers, and more, it can seem like a full-time job in itself. Aren’t there tools to make it easier? Absolutely—but now the question is, which tools do what?  Some tools are channel-specific, and others can help you manage multiple accounts from one platform (don’t you think it would be convenient to be able to tweet and respond to Facebook comments all in the same place?). Because executing a social media campaign is not an overnight process, the order in which you take your steps matters, too; and some tools are best for helping you with particular milestones. Here are some of the best social media tools, in order from campaign launch to completion:  Hootsuite  Hootsuite is known as a scheduling tool, but it also offers social listening capabilities. If you are a fledgling ...

5 Smart Ways to Make Your Money Work for You

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You may not believe us when we say, but there is more money waiting for you with the limited amount that you have right now. We’re talking about “making money work for you” instead of you working for the money! It is another way of investing in something that will bring in more cash for you. It's important to save, be ready for financial emergencies, and to have a solid plan for retirement. Follow the steps given below and start raking in some extra green for yourself.  1. Open Up A Savings Account  Before you can get your money to do the heavy lifting for you, you will want to open up an emergency savings account with about six months of your living expenses stored in cash. The smartest place to put all of that is in an FDIC-insured high-yielding checking or savings account. Usually a savings account these days will offer an interest rate of about 0.01% which isn't great. However, there are high yield savings accounts with 1% or higher returns and much more lucrative options...

Business Finances: How to Prepare Your Company for Tax Season

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Tax season can be an incredibly stressful time for business owners, and many are worried that they are going to make a serious mistake that will come back to haunt them. Luckily, most mistakes can be circumvented with a little extra planning and care. By starting this process early, you might be able to avoid some of the stress that so many people experience during this time of the year. Preparing strategically for tax season will help help you avoid any unnecessary company debt . Start Creating Files Now  Depending on what industry you are in and how you keep your financial records, you should immediately start creating digital or physical files and folders to organize your information. While it is a better idea to do this throughout the year, many business owners find themselves slowly slacking off as time goes on and they get busier. Spending five minutes a day on paperwork throughout the year could save you from spending dozens of hours organizing your information during tax s...