life insurance

What You Should Know About Virtual Accounting

Your accountant doesn’t have to be physically present for your business to benefit from their expertise. Modern technology makes virtual accounting an excellent alternative. It analyzes your accounts remotely and updates them appropriately. Virtual accounting also works if there’s a significant distance between your preferred accountant and your business premises. Some individuals and companies choose […]

Written by prositesfinancial • Dec 4 • 3 minute read

What is Financial Health?

Financial health refers to the overall state of your monetary affairs. It’s your ability to manage earnings, expenses, debts, wealth, and fiscal shocks. There are various ways to create financial health, including savings, retirement plans, and planning how you spend your income. If you can comfortably handle unexpected financial emergencies as well as short- and […]

Written by prositesfinancial • Nov 24 • 3 minute read

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

How to Fix Mistakes on Your Business Tax Return

Filing taxes for your small business can be quite a challenge, especially if it’s your first time filing or your business has undergone significant growth. If you make mistakes on your business tax return, you may need to take action to correct them by filing an amended return. Failing to correct tax return errors can […]

Written by prositesfinancial • May 11 • 3 minute read

5 Ways to Streamline Your Bookkeeping

Bookkeeping is the cornerstone of accounting and financial reports management. It’s a tedious task that can easily take your attention away from other aspects of running your business. However, it’s an important responsibility that must be managed correctly to ensure the success and longevity of your company. To this end, we’ve compiled some strategies to […]

Written by prositesfinancial • May 4 • 2 minute read

4 Tips to Develop a Marketing Plan for Your Small Business

A marketing strategy is essential for every small business’ success. After all, marketing is what helps you gain prospective customers and spread the word about your company. However, you cannot have a successful marketing strategy without a well-thought-out marketing plan. If you have never developed a marketing plan before, it can be tough to know […]

Written by prositesfinancial • Apr 27 • 2 minute read

How to Use a Credit Card Responsibly

A credit card can be a valuable financial tool that increases your purchasing power while giving you an opportunity to build your credit score. However, if not used carefully, credit cards can become a huge financial burden and cause lasting damage to your financial well-being. The key to getting the most out of your credit […]

Written by prositesfinancial • Apr 20 • 2 minute read

Crucial Questions to Ask During Business Tax Planning

Business tax planning is essential for all companies, regardless of their size or industry. When done right, it can offer several benefits, including a clearer understanding of your firm’s tax liabilities, the opportunity to take advantage of deductions and credits, and a reduced risk of errors and audits. Business leaders and their accountants can support […]

Written by prositesfinancial • Apr 13 • 2 minute read