May 13, 2021


Your Business Might Not Actually Be Profitable. Here’s How to Fix It.

5 min read

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Launching and running a business can be overwhelming. It’s easy to get caught up in day-to-day tasks  not to mention, many people start their own business without formal financial training. On the surface, it might look like you’re making plenty of sales, but you might not necessarily be profitable. Here’s how to know if your business is profitable and what to do if it’s not.

The importance of profitability and how to calculate it

Profitability is the amount of money that a business earns — 

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Here’s What Couples Need to Know About Merging Finances

Personal finances embody deeply rooted emotional characteristics that shape one’s behavior toward their money. It’s important to remember that when sharing finances with a significant other, it’s not a one-size-fits all kind of deal. Individual emotions, trauma and beliefs around money will differ from person-to-person.

As a financial adviser at  Albert, a personal finance app where users can text me and our team for tailored financial advice, I see many questions around this topic. For example: My fiance and I are getting married. How should we save together for this goal? My partner just lost their job

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Curious About Crypto? Here’s What 10 Financial Experts Think

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Everyday investors are overflowing with cryptocurrency questions, according to the financial advisors hired to answer them. 

There is clearly an “emotional euphoria that seems to be sweeping through the public around cryptocurrency,” says Frederick Stanfield, a CFP with Lifewater Wealth Management in Atlanta, Georgia. 

But for the average person focused on retirement planning and financial

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Here’s how to avoid a personal loan company scam

Don’t get scammed. Watch out for these red flags and protect yourself. (iStock)

It’s an unfortunate reality that most people will interact with at least one scammer when they’re filing financial paperwork for different types of loans, like student loans or a home loan. If you’re looking for a personal loan to help cover expenses, this type of scam can be particularly painful.

While there are an abundance of personal loan scam companies, there are plenty of reputable personal loan companies that are willing and able to help you get the funds you need. You’ll need to watch

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Here’s the prize money payout for each golfer at the 2021 Valspar Championship | Golf News and Tour Information

Close calls finally morphed into a victory for Sam Burns on Sunday at the Valspar Championship. The former college player of the year at LSU shot a final-round three-under 68 on the Copperhead Course at Innisbrook Resort to claim his first PGA Tour title, beating Keegan Bradley by three strokes.

During the 2020-21 tour season, the 24-year-old Burns either held the outright lead or a share of it at the end of eight different rounds, two more than any other golfer. That included leading after 36 holes four times, also the best on tour this season. But until this week,

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Child tax credit checks for babies to 24-year-olds: Here’s how much money you’ll get per kid

Calculate how much money you could get from the expanded 2021 child tax credit.

Sarah Tew/CNET

Starting in July, you could begin receiving the first of seven child tax credit checks — but you can opt out of the monthly payments. Half of the child credits that are part of the March stimulus bill will arrive throughout the second half of 2021 and the other half will come in 2022. How exactly the IRS will work out the payment schedule, and the rules around who qualifies can be confusing. For instance, if your adjusted gross income for 2021

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