Budgeting and saving

Using a 529 Plan To Save For College

A 529 plan is a savings plan that is used to save money for college which offers certain tax and financial aid benefits. 529 plans are quite versatile and they can be used for other things too, such as K-12 tuition bills. The Types of 529 Plans There are a couple of different types of […]

Written by prositesfinancial • Sep 3 • 4 minute read

Credit Card Negotiation Options and Risks

Credit card debt is one of the most pervasive financial issues faced by Americans, with the average credit card balance as of 2016 being $5,551. If paying off your credit card debt is proving to be a substantial challenge, or worse is making it difficult to pay critical household expenses such as groceries, rent, medical […]

Written by prositesfinancial • Apr 17 • 4 minute read

Why Dave Ramsey Might Just Be Right About Using Only Cash

The truth is, most of us just don’t have the self-discipline necessary to use credit cards responsibly. We live in an advertisement saturated consumer society that encourages us to spend, spend, spend at every possible opportunity, and everywhere we go. As a result, most Americans are up to their eyeballs in debt with the national […]

Written by prositesfinancial • Jan 7 • 4 minute read

Top 10 Easy Ways To Save Money Today

Many of us feel like we can never seem to make enough money to make ends meet. It might be drowning in credit card bills or trying to make a student loan payment, but there’s always a reason why we don’t have enough money. While it would be ideal to make more money at your […]

Written by prositesfinancial • Jan 7 • 4 minute read

Key Tips About Student Loan Debt

Overall, the need for student loan debt reform is clear. However, current economical conditions and increasing education costs don’t bode well for any significant changes in the near future. With the student loan debt now surpassing credit card and auto loan debt, it is more important than ever to take precautions and prepare as much […]

Written by prositesfinancial • Jan 7 • 4 minute read

How To Begin Building Your Credit

Starting you credit history is the perfect opportunity to begin good spending habits. With over 45 million Americans you are not alone in this pursuit, and there is a method to the madness. There is so much information out there it may be hard to decide where to begin, but after a little research you […]

Written by prositesfinancial • Jan 7 • 4 minute read

5 Tips on Saving for Your Retirement

If you want to secure your future after retirement, it is crucial to start saving early. Saving for your retirement is essential, and it should come before vacations and even your dependents’ education funds. Whether you would like to start a business, travel the world, or have a relaxed life after retirement, this financial cushion […]

Written by prositesfinancial • Nov 20 • 3 minute read

7 Tips for Being a Successful Business Owner

Being a business owner often means you have to make it up as you go, blaze your own trail, and go into uncharted territory. Whether you’re an unemployed professional striking out on your own or a seasoned veteran looking to expand, there are some things you can do to survive the turbulence in the entrepreneurial […]

Written by prositesfinancial • Nov 11 • 3 minute read

13 Reasons the IRS May Audit You

Discrepancies in a taxpayer’s returns may prompt the IRS to investigate them. An audit refers to the process of evaluating an individual or company’s financial details to verify that they comply with tax laws. Receiving an audit notice doesn’t automatically mean you’re guilty of tax crimes. In most cases, the IRS is just double-checking numbers […]

Written by prositesfinancial • Nov 6 • 4 minute read

What to Consider When Choosing a Financial Advisor

Financial advisory plays a vital role in the success of any business. The best counsel can help you navigate through the process of creating long-term, sustainable wealth. A professional financial advisor will understand your unique financial needs and perform due diligence to determine how to address your goals. Whether you’re interested in advice to plan […]

Written by prositesfinancial • Oct 30 • 4 minute read

10 Business Tax Savings Strategies You Can Use Before the Year Ends

Many small business owners often think of taxes as a once-per-year sprint to file by April 15. However, taxes play a significant role in your business’s performance, and investing the time to strategize is well worth the effort. All the decisions you make throughout the year have consequences, and that’s why it’s essential to create […]

Written by prositesfinancial • Oct 23 • 5 minute read