With jobs at a premium during the COVID-19 pandemic, you might consider hiring your children to help with your business. Financially, it makes more sense to keep family employed rather than hiring strangers, provided, of course, your family member is suitable for the job. Note, however, that wages paid to children and other relatives aren’t…
In June, the National Bureau of Economic Research announced the U.S. is officially in a recession. It’s important to take steps now to prepare and protect your finances.
Many states’ Medicaid programs allow you to hire relatives or friends to provide needed assistance. In certain cases, Medicaid may pay for their services.
Teach younger children some simple lessons today that will give them a solid foundation for making a lifetime of sound financial decisions.
If you and your partner are among the millions whose finances have been impacted by current events, now is the time to make sure you have a plan in place to allow you to work together through the crisis.
The federal government is providing sick leave benefits and child care leave benefits to affected taxpayers whose employers have fewer than 500 employees.
Two people may have the same annual income, but very different net worth.
Your current income is the main factor that determines whether your child will qualify for aid, but it’s not the only factor.
The Money Talks hosts explore the situation of a business owner who is looking to have his son take over his business so he may retire. The experts discuss the timeline for such a transaction, what planning issues need to be taken into account and how his options may need to change depending on how quickly he needs the money from the sale of his business.
If you find that you are struggling to pay down a credit card balance, here are some strategies that can help eliminate your credit card debt.
