Financial New for Everyone
By Sandra Hayes The average cost for health insurance in the United States is over $21,000. Even individuals pay about $7,500 per year to have this coverage. If someone has traditional employment, a worker’s company typically provides about 75% of the cost of this benefit. The rest comes from a monthly premium that gets deducted from the employee’s …
By Sandra Hayes When vinyl records were introduced to the market in 1949 they quickly became popular amongst music enthusiasts around the world. This has not changed over time with vinyl sales still smashing into their all-time record each year since 2013 even though vinyl is no longer used as the main method of delivering music for most …
By Sandra Hayes You might have the goal to have an extremely early retirement. Although you’re looking forward to the day when you can step away from your job, those efforts might be robbing you of your joy of living right now. Is it better to consider a revised path? What about a second career option after you …
By Sandra Hayes You’ve been told that it’s a great idea to save at least 20% of the purchase price of a home to avoid private mortgage insurance. That information is a solid fact. It’s also unusual for first-time homebuyers to have that amount of money in their savings accounts. If you buy a $250,000 home, a 20% …
By Sandra Hayes It’s a monthly ritual for us all. When the paycheck hits the bank account, we automatically look at how much of our income disappears because of our monthly bills. Even if you own a home and only have a single credit card, over 40% of your income could be going to someone else. That’s why …
By Sandra Hayes It can be exciting to start a new business! This experience can also become quite frustrating when the outcomes aren’t what you expect them to be. When you think about what it takes to have a successful business, only two questions need to be answered. 1) Can you offer people something they need at a …
By Sandra Hayes About 40% of American small businesses spend 80 hours or more per year dealing with federal tax responsibilities. Virtually all those efforts are related to payroll. Over half of small businesses say that the administrative burdens are one of the most pressing issues they face. It takes a lot of time to process payroll, which …
By Sandra Hayes Since the start of the COVID era, we’ve learned that maintaining clean homes and working areas can limit the spread of this virus. When combined with wearing a mask and other preventative techniques, including vaccination, we can start the work of getting out of this pandemic. With work-from-home options becoming less prevalent, these tips for …
By Sandra Hayes The bills sometimes roll in before the holidays arrive. Although it seems like a great idea to get those presents at the time, the debt that comes from your spending can weigh you down. People tend to spend more when they approach the holidays as a chance to take care of the people they love. …
By Sandra Hayes Warnings are out saying that the holiday shopping season for 2021 will involve product shortages, supply chain issues, and higher prices. That means now is the perfect time to consider a budget for your holiday spending. In the pandemic year, the average American family spent about $1,000 on presents. That rate could be 20% higher …
