Four Reasons Small Businesses That Don’t Take Credit Cards Need To Make The Jump

For many small businesses, one of the toughest aspects of trying to stay afloat is simply not having the resources and funds of a larger business. That often means trying to do more with less. One of the biggest areas that a lot of small businesses try to skimp on is taking credit cards. Avoid the credit card processing fees, and that means more money for the business, right? Not at all. Read More 

5 Mistakes Homeowners Make When Refinancing Their Home

Refinancing your home at some point can help you save a significant amount of money. If your credit has improved, your home is worth more than it was when you bought it, or you have a change in income, then these are all good opportunities to look into refinancing. However, it's important that you do not fall into making these five mistakes: Over-Estimating Value of the Home: Before you refinance your home, you need to have your home appraised to determine its value. Read More 

Determining Whether To Exclude Employer Stock From A 401(K) Rollover

Many companies add an additional matching amount to 401(k) contributions made by employees. However, the employer contribution sometimes consists of stock in the company itself, resulting in a 401(k) portfolio that is heavily invested in a single stock. Employees who hold stock in their employer through a 401(k) plan may receive preferential tax treatment on a stock distribution by not rolling the stock over with the rest of their 401(k). Read More 

Emergencies Can Be Expensive: Tips For Using Payday Loans

Due to a very high interest rate—generally 400% APR or more—taking out a payday loan can be a risky decision. In the case of an emergency, however, they can come in handy, and even save you from a disaster, such as losing your home. While regularly relying on payday loans to get by is not recommended, sometimes it can't be avoided. As long as you read the terms of the loan carefully and are sure you will be able to pay it back as stated in the contract, you'll be able to move on from the financial upset unscathed. Read More 

What Changes May Be Coming To The Marijuana Lending Industry?

If you live in a state where medical or recreational marijuana is legal and have always dreamed of owning your own business, you may be tempted by the high profit margins reported by the dispensaries and marijuana delivery services in your area. However, with the significant conflicts between state and federal governments when it comes to marijuana's legality (and the federal ties of most large banks), financing these types of ventures can be much trickier than starting other businesses. Read More