Category Archives: Financial Independence

INDEPENDENCE, Ohio -- Tuesday mornings (May 19) regular board meeting, again held online, focused on finances and commencement plans, while also addressing entrance fees for sporting events and the ongoing search for a high school principal.

Eric Koehler, chief financial officer for the district, first addressed current financial realities, relating the figures to the overall five-year forecast. Koehler cautioned that forecast models for future months and years could be dramatically reshaped by the coronavirus pandemic, continued school closures and an unpredictable economy.

There are a lot of what-ifs? he said.

Deficit spending could potentially be an issue in the next five years. The district will have just over $12 million in cash reserves at the end of June, which represents 232 days of operations. With expenses outpacing revenue, Koehler projects the district will have only $4 million as of June 30, 2024, representing 67 days of operating costs. District guidelines call for maintaining 90 days worth of cash reserves.

The district is also facing state funding cuts that have led to a spate of misinformation, particularly on social media.

Some of our residents are getting the impression that its 50 percent or 51 percent of what were receiving in our revenues, commented board president Lynne Laski.

Koehler said the district will lose slightly more than half of the $612,000 the state provides the district each year, but explained that state funding constitutes only about 4 percent of our total funding.

The affluent district primarily relies on property taxes to fund operations and, while Koehler does not expect a drop in such revenue, he anticipates the income will remain relatively flat.

Its tighten-up time, said Superintendent Ben Hegedish. We are looking at some smart cuts.

According to Hegedish, the district recently collaborated with coaches to negotiate reduced salaries for the shortened spring season. Although coaches logged hours in preseason and with remote workouts during the closure, most accepted a reduction in pay.

In the end, the board voted unanimously to accept the five-year forecast and assumptions.

Sports and other activities were a topic during the board roundtable. Several board members argued for free admission for all students. Hegedish, though open to exploring the idea, explained that he has tasked Athletic Director Annie McGhee with examining the realities of such a proposal. Hegedish plans to reveal the results at a June 30 board meeting.

Class of 2020 commencement

Board members unanimously -- though somewhat reluctantly -- signed off on modified commencement plans for 2020. Graduating seniors and their immediate family members are being filmed. The results will hit the big screen at a June 5 drive-in movie event. The compilation will also be streamed online.

Hegedish remarked, Nobody wanted this, though he and various board members maintained that the format makes the best of a bad situation.

Laski agreed, though she added an emotional appeal: I just pray and hope that everything is back to normal at this time next year.

Hegedish revealed that the district is making progress in its online search for a high school principal. The districts choice to become the new head of the school will likely be made public at a June 4 special session of the board.

Bill McGuinness, the current principal, will retire at the end of July. He plans to return to the classroom to teach his beloved history courses.

Read more from the Parma Sun Post.

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Independence school board addresses financial outlook, comes to terms with adjusted commencement plans - cleveland.com

Many cast members on TLCs 90 Day Fianc end up pursuing careers on social mediaoften through brand partnerships on Instagram, YouTube sponsorships, or other marketing deals. Over the years, as the franchise has grown, many 90 Day Fianc stars have amassed huge followings and grown their personal platforms.

More recently, some 90 Day Fianc cast members have taken their online careers to the next step with accounts on OnlyFans, a subscription service thats primarily (though not solely) used by creators of adult content. Here are the 90 Day Fianc stars who are producingor hoping to producesexy content for fans.

RELATED: 90 Day Fianc: Which Cast Members Have Had Plastic Surgery?

RELATED: 90 Day Fianc: Every 90 Day Fianc Cast Member Instagram Handle You Will Ever Need

Stephanie Matto, 29who is currently appearing on the fourth season of 90 Day Fianc: Before the 90 Days with her Australian girlfriend (now ex-girlfriend), 24-year-old photographer Erika Owenswas active on OnlyFans before she joined the 90 Day Fianc cast.

The 90 Day Fianc star produces burlesque videos, themed 18+ photo shoots, and other 18+ content on Patreon, OnlyFans, and other platforms. In one Instagram post, she opened up about how much she loves creating this kind of contentno matter what others may think of it.

Its amazing supplemental income and a fun side job for me, Stephanie wrote, adding: I sell naked photos of myself online. Some people think thats wrong, some say thats gross, some will call me a whore. Your opinion is exactly that: YOURS. And I respect you for having one and voicing it. I actually have pretty strong morals about my body.

Stephanie added that shes proud of the financial independence OnlyFans has allowed her to achieve, especially given her ongoing health issues due to her rare and potentially life-threatening condition, aplastic anemia.

90 Day Fianc: The Other Way stars Evelin Villegas and her American husband-to-be, Corey Rathgeber, both have OnlyFans accounts. But Corey wasnt happy about it at first.

Evelin, who hails from Ecuador, apparently started herswhich now boasts three videos and 16 photoswithout letting her fianc know. He initially said he didnt agree with it after getting hundreds of messages from concerned fans.

Recently, Evelin opened up about why she started an OnlyFans in a fan Q&A on her Instagram stories. I saw a video on YouTube, and I was like, Thats interesting, she explained. I didnt know what OnlyFans was. And then, I was like, you know, why not? I have so many friends who are posting pictures that are super sexy, and for free. And I was like, money out of this? Why not?

Coreys fiance added that she has been enjoying her time onthe platform. I dont consider this a degrading thing. Ive been having a lotof fun, Evelin said. Guys have been really respectfulHonestly, Im justhaving a lot of fun there. No judgments. They are, like I said, respectful. AndIve been making good money. Im pretty sure Im gonna end up making more thanI made in a whole season with 90 Day Fianc.

And Corey himself got in on the action soon. Corey started a Fanbound account in which he offered stripteases for sale, and he now has his own OnlyFans. Some of the adult pictures have cheeky captions like shower time, and he says he wants to get to know his fans more personallyso it looks like hes not too bothered by his fiances account anymore.

There are several other 90 Day Fianc fans who havetheir own money-making endeavors through OnlyFans or plan to start them.

Larissa Dos Santos Lima, Colt Johnsons ex, has been open in recent months about her desire to start an OnlyFans account. She has recently undergone a makeover, including hair extensions, plastic surgery, fillers, and significant weight loss. Larissa told her fans on Instagram that shes planning to open her account soon.

Jay Smith, Ashley Martsons on-again, off-again Jamaican husband, used to have an OnlyFans account as well. But since he got back together with Ashley most recently, hes taken down the page.

And Paul Staehle, soon to appear on 90 Day Fianc: Happily Ever After with his wife Karine Staehle, took to his Instagram stories recently to ask fans if theyd be interested in seeing Karines OnlyFans in the future.

90 Day Fianc blogger John Yates (at the Instagram handle @johnyates327tv) was able to snag a screenshot. Paul posted a revealing photo of Karines cleavage and wrote, Karine has asked me to help her set up an OnlyFans account. Should I help her?

Leida Margaretha, a 29-year-old from Indonesia who married 41-year-old Eric Rosenbrook on the sixth season of 90 Day Fianc, chimed in to open up about her own experience with OnlyFans. Leida, who goes by AyaCO on the platform, said she uses the service to produce 18+ cosplay content.

She can absolutely do it,Leida wrote in reference to Karines hopes for an account. Whatever contentyou have, you can absolutely do it on OnlyFans. I cant wait to share my wickedgore cosplay in June. Some people are really into it. And guys please, its notalways about porn or prostitution. Dont accuse all of us doing that whilethere some of us are doing it for something else, like cosplay, and otherartistic material.

Meanwhile, Corey jumped in to joke about how many of his 90Day Fianc castmates are heading to OnlyFans, commenting on the post: Weare all doing it!

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'90 Day Fianc': Which Cast Members Have OnlyFans Accounts? - Showbiz Cheat Sheet

Ghoshs Change.org petition, published earlier this month, is titled PM Modi: Tell Indian Men to Do an Equal Share of Household Chores in Your Next Speech".

If Mr Modi can inspire us to light lamps and clap in solidarity, he can inspire us to correct an unfair norm that discriminates against women in every home," it says. Most of us require no further explanation.

When her husband shared it, one gent asked, What does your wife expect the PM to do about this?" Ghoshs husband had an answer: There are more Modi bhakts than there are biwi bhakts."

Some friends were reluctant to own up to the fact that ever since Narendra Modi announced a sudden, stringent lockdown on 24 March that devastated the workforce, leaving one in four employed people jobless (according to Centre for Monitoring Indian Economy), women have overwhelmingly borne the burden of domestic and unpaid care responsibilities.

Ghosh experienced it first-hand when the weight of running the household settled firmly on her, giving her no time to work on the fledgling healthcare startup she had founded.

We thought we were different but now theres the realization that not much has changed between our lives and our mothers," she says.

Ghoshs goal is simple: Ask the PM to use the lockdown to amplify an important issue. Its not just about him asking men. For years we have struggled to make the state acknowledge that this is productive work."

This discussion is playing out across the world as feminists worry that the pandemic might push back womens struggle for independence by a few decades. In India, women already spend a disproportionate amount of their time on invisible work. Unpaid care work makes up 35% of GDP or 182% of the total tax revenue, non-profit ActionAid said in 2017.

Even in a booming economy, we struggled to deal with the problem of women dropping out of the workplace. Some 21.7 million women stopped working in the five years to 2009-10, according to government data. Post the economic burden that the lockdown placed on an already depressed economy, womens fight to stay in the workplacewhile managing children who are unlikely to go back to school soon and running the home with less help for a variety of reasonsjust got tougher.

Women are the worst receivers of a tanking economy. Anyway you are standing last in queue. And the problem of womens workforce numbers is nobodys job," says Sairee Chahal, pointing out that theres no secretary-level bureaucrat in any of three government ministrieswomen and child welfare, skills and commerceto track these numbers.

At SHEROES, the womens community platform that Chahal founded in 2014, the helpline queries have moved from general topics to calls from women who want to discuss anxiety and abuse. As families stay home more, domestic abuse has risen across the world.

In the short term its going to be very, very hard for women but it will give many the confidence to use new tools. Women will start helping themselves, we cant wait for other people to give us jobs," says Chahal.

Adds Neha Bagaria, founder of online job portal JobsForHer, Given that companies have figured out how to make Work From Home work, we are seeing many more opportunities opening up for women."

Chahal believes that in the long term, two things are likely to happen.

Remote work will grow and women will benefit the most from it; and women will embrace the internet faster. You have already seen this latter phenomenon unfold on your social networksevery girlfriend with a skill is attempting to monetize her ideas online.

When more women start adopting the internet, it will change a lot of things for them. Millions of women will become micro-entrepreneurs in the next couple of years," says Chahal.

Osama Manzar has helped create 10,000 digital entrepreneurs since 2007 (80% of them women) through the Digital Empowerment Foundation (DEF) that believes digital literacy is the path to greater socioeconomic equality.

DEF has already moved some of its learning programmes with rural women and schoolgirls in Assam and Telangana online. Manzar believes the way we have defined our lives through work, earning, the economy will all have to be redefined. Localization instead of globalization is one solution in this reset," he says. I see a more modest supply chain but bigger localized dependency on each other which is trust-based. Even e-commerce will have to become more localized."

Some women have already switched track. In the pre-covid era, Gurugram resident Shweta Rai was a personal trainer who had a tie-up with a fitness chain. But gyms were the first to shut down and taking her skill online only allowed her to earn a fraction of what she made earlier. Now she is the co-founder of Krishak Agritech Pvt. Ltd, which sells seasonal fruits and vegetables sourced from nearby farmers in Haryana and Rajasthan and promises same day delivery to her 300 clients. Her goal? To go hyperlocal from as many Delhi neighbourhoods as she can.

Meanwhile, in Bengaluru, Mansi Charan, who went back to a full-time job in mid-March after a break of several years, is struggling to juggle her responsibilities. Overnight I became a full-time cook, maid, mother and employee," she says. I wanted to get out and meet people and get some financial independence but." Shes trying to figure out whether she should keep working or just quit.

Chahal knows the new and parallel track of micro-entrepreneurs and remote workers wont address any of the battles women have been fighting these past years, such as more of us in leadership positions and greater diversity in the corporate workplace. I guess we will have to go back to tackling these issues after the present crisis has been addressed.

The future of work for women might be a little less bleak if men agree to reskill too and take equal ownership of household responsibilities rather than magnanimously making the morning tea every once in a while.

At 10.30pm, after all the chores were done for the day, Ghosh would go up to the terrace to grab some time away from her family. I realized there were five, six other women in my building society who were also there. We were all talking about the same thingeveryone was struggling." So the next time Ghosh had a brainstorming session on Zoom with members of the online petition sites She Creates Change community, she interrupted people discussing important" ideas with, I am sick of bartan, jhadu pocha"

Priya Ramani shares whats making her feel angsty/agreeable.

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Opinion: The future of women's work - Livemint

Nurses talk through a glass door of a coronavirus Covid-19 patients room in the intensive care unit of a medical center in San Jose, Calif. (Photo by Justin Sullivan/Getty Images) Getty Images

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Heres what you need to know about the coronavirus outbreak to navigate the markets today.

British Prime Minister Boris Johnson defended his advisor Dominic Cummings, who has come under fire for traveling hundreds of miles to see his parents while he and his wife had coronavirus symptoms and the country was under lockdown orders. In every respect, he has acted responsibly, legally and with integrity, Johnson said. I think what they did was totally understandable. I think any father, any parent would understand what he did.

Nearly 100,000 Americans have died from Covid-19, data collected by Johns Hopkins University show. There were just under 23,000 new cases in the U.S. on May 23. Nationally, the number of new cases has begun to rise slightly, despite a continued decline in New York, the center of the pandemic in the U.S. All 50 states have now announced at least a partial loosening of lockdown rules.

Hong Kong riot police shot tear gas and water canons at crowds to break up thousands of pro-democracy protesters on Sunday, Reuters reported. Chanting Hong Kong independence, the only way out, the crowds protested the Chinese governments plan to amend the law governing the semi-autonomous city and outlaw a wide-range of political activities. That so-called national security legislation could lead the U.S. to impose sanctions on China, White House National Security Adviser Robert OBrien said Sunday on NBCs Meet the Press. OBrien also said that the U.S. would likely be unable to say that Hong Kong has a high degreee of autonomy from Beijing if the law is put in place, a move that could threaten Hong Kongs status as a global financial and trade hub.

Unemployment could be north of 20% for May and keep rising after that, White House economic advisor Kevin Hassett told CNN on Sunday. My expectation is that since theres still initial claims for unemployment insurance in May, that the unemployment rate will be higher in June than in May, but then after that it should start to trend down, he said.

Write to Ben Walsh at ben.walsh@barrons.com

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Live Updates: Nearly 100,000 Americans Have Died From Covid-19 - Barron's

Winning one crore in prize money is no mean feat and winning it sitting across veteran actor Amitabh Bachchan is well a dream come true for many in this country. Such is the story of Binita Jain who won 1Cr in season 10 of the popular quiz show Kaun Banega Crorepati. Binita is a single mother. Life changed forever for her and her two kids when her husband was abducted by terrorists and never came back.

Guwahati-based Binita is now a senior coordinator in a school. She talks to SheThePeople about being a single mother, on mental health, how life has changed after fame and popularity and shares some tips for KBC aspirants for the upcoming season.

Also Read:I Was Raised By A Single Mother, Here Is What I Learnt From Her

Tell us how life has changed in the time after winning Kaun Banega Crorepati. How have you used the prize money?

Life has taken an about-turn after winning KBC. I never imagined life would see a drastic change upon returning from KBC. I began to be recognized everywhere; there was a different kind of respect was there in everybodys eyes. I got the opportunity to join the Royal Global School, Guwahati as a senior coordinator. Life has been very generous to me after winning KBC.

As a single mother, my only aim is to see my children settle down well. My son is an orthodontist, I dreamt of making a clinic made for him with all the facilities, maximum part of the prize money is getting utilized in that.

You have been a single mother and there are a lot of prejudices associated with that status. With fame and popularity do you think there is a change in societys perception towards you?

In the society people do view single mothers or single women with a lot of prejudice, I too had faced a lot of it. But I stuck to my ground, as I knew I had to look after my children, so I had to look after myself and I had to be mentally fit. And to be mentally fit I had to keep myself occupied.

Also Read:UN Report: 13 Million Single Mothers Head Households In India

I do not know why the perception of society changes when they realize a lady is a single mother, she could be a divorcee, a widow or alone because of unfortunate circumstances. I have seen peoples attitude change towards me as if I have committed some mistake as if it was because of some fault of mine that I was in that position. It really pains, because in that moment when you need people to support you find them judging you.

When KBC happened there was a 360-degree change in peoples perception, I was the same, before going to KBC and after coming back.

I have seen peoples attitude change towards me as if I have committed some mistake as if it was because of some fault of mine that I was in that position.

How did you pick yourself after your tragedy?

When I was left all alone with my two kids, my children where the only source of strength and motivation for me, other than that there was nothing in my life that could push me. Looking at them, I realized that I have to be doubly responsible now. I have to be there for them every time, now they have only me to look up to and that is was what kept me going.

I knew if I had to look after them, I have to be away from depression. During the first one or two years (after the tragic loss of her husband), I would often feel I was depressed or there would be a feeling of hopelessness. It was very difficult to find someone around who would understand me, there were friends but everybody had limitations. I felt I was in a position where only my own help would get out of the situation. I realized it is when you help yourself that others also lend you a helping hand.

Also Read:International Day For Families: Celebrating The Diversity In Our Parivaars

I started a coaching institute so that I could also stay at home for my children and work. Gradually, I began to feel self-confident, I was feeling stronger as days passed by.

During the first one or two years (after the tragic loss of her husband), I would often feel I was depressed or there would be a feeling of hopelessness. It was very difficult to find someone around who would understand me, there were friends but everybody had limitations.

And when the time came, I was ready to send them outside (of Guwahati) for studies. When my son got through his BDS people would come and dissuade me from sending him away. But I was like he has to make his own life, and I readily send him outside for five years. And at that stage, I did my masters and my B.Ed too.

How have your children reacted to your success? What did you tell them about dealing with fame and popularity?

My children were very excited when I got selected for KBC, they helped me out in the preparations. They had seen me struggle, they had seen all the toil and turmoil I had gone through, in fact, they were the ones who tolerated me during my bad days. And when I won, said that you got what you deserved. And for me, that was more than the prize money I had got.

Regarding fame and popularity, I was very clear that when my bad days did not change me, I do not want the good days to bring any change in me either. I did always tell my children that never let fame and popularity get into your head. It is so important to remain grounded because in life you can never say you have achieved everything there is always more to achieve.

Tell us how you prepared for the contest. Your tips for aspirants.

I was a contestant in season 10, that was a time when you had to send SMS through a particular provider to get selected. Now there are so many platforms through which you can apply. This year the entire selection procedure is online. Even though I had to travel to Kolkata for an audition, this year the auditions are also going to happen online.

You should be very alert and agile when the questions are put out immediately answer them and then leave it upon luck. People get selected through a randomizer and there are a huge number of correct entries. So, anyone has a probability of being chosen. And after you are shortlisted keep your phone near you.

Also Read:Short Film Everything Is Fine Is About A Mothers Wish To Break Free

As a nation, we are crazy about Bollywood. And most people in India will be in awe of sharing screen space with Mr Amitabh Bachchan. How did you overcome the nervousness?

I was so nervous, the only thing on my mind when I was playing fastest finger first was that I want to see him. The moment Mr Amitabh Bachchan entered my hands became numb. But then I gathered my senses thinking I am here for achieving something, it has been a long way, I have been through various selection processes and cannot let it go now.

But when I reached the hotseat I again got nervous, but Mr Bachchan really makes an effort in making the participant feel comfortable.

How important is financial independence for women?

Financial independence allows women to grow within, that sense of independence and security which women can have because of financial independence makes them grow as a person. In this part of the world, we are accustomed to seeing womenfolk dependent on the menfolk for money. Your own hard-earned money instils confidence in you that is something different, you cannot get that confidence by being a multi-millionaires wife.

What will you tell young women who are beginning their professional careers on the importance of taking independent financial decisions?

Nowadays, girls are very smart, they want to stand on their feet. My daughter always wanted to earn her own money. And from the day she started earning, I have seen her confidence grow. It has helped her to be more confident. It is also important for young girls to make sensible financial decisions, often we end up in jobs because of money and they dont give us satisfaction or we are working very hard but not getting financially rewarded. Also, girls need to think about whatever is being done with their money is being done wisely.

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KBC Winner Binita Jains Journey As A Single Mom After Losing Her Husband To Terrorists - SheThePeople

Whether we like it or not, we will continue to have conversations around and about Covid-19.

It is after all our new normal. I spoke to a few people who were happy to share what learning opportunities this pandemic has offered.

Meet Neema Kamau - entrepreneur and founder of Elimubox, mother of four and a book lover

Before the pandemic, Neema had events lined up her love for books led her to start a business for childrens story books.

She had bookings before the pandemic for childrens events and parties. Now this is not feasible given that social gatherings are prohibited. Ive had to rethink my business model and set up a website to connect with customers.

Asked about the impact of the pandemic on her finances, she says: Cash flow has been affected. On the home front, I'm more conscious of how and what I am spending my money on. I look out for supermarket bargains, and I am now part of a group that buys fresh produce directly from small-scale farmers.

I am deliberate about supporting fellow small business owners because I know fully well that in this season every penny counts. We are also teaching our children the value of giving and sharing and involving them in our giving initiatives, Neema says.

Is there a silver lining? Neema says she has become more intentional in her parenting and is using this time to teach life skills.

The children are watching us, and how we respond to this crisis will shape how they respond to crises in life. I am also involving them in my business they help with sorting and coding books. We are also learning new things together like doing crafts and making home-made toys. Im teaching them to be grateful for what they have and the importance of sharing with the vulnerable.

Her biggest lesson? Simplify your life.

Jennifer Pariken - Human Resources expert. She has worked in HR for 14 years with non-profits

Jennifers biggest learning is the value of savings and investments. I now know that I will have to put a bigger emphasis on savings and financial independence. I read somewhere that how you are during this pandemic is exactly how your retirement will be if you are broke, lonely and idle, thats your future. I also know I need to focus on retirement now and think of at least three revenue streams.

On the home front, she says shes teaching her boys that things are not the same. We are not ordering pizza we are learning how to make the pizza. Im also teaching my oldest that if he wants something, he has to work for it and save for it. For instance, he has seen a gadget that he wants and he is actively looking for work around the house and our plot on the outskirts of town, so that he can get pocket money.

His dad recently put up five beehives on the plot. So as a family, we are actively seeing what else we could do, and involving our boys on that financial journey.

Her biggest lesson? Save, save, save and look for other ideas that will generate that extra shilling for the family.

She says that since the pandemic, they have not travelled to the village they used to go twice a month. We miss the trips, but clearly there have been savings, especially on fuel. Plan for retirement now!

Financial Adviser Noah Meely agrees that the pandemic has caused Kenyans to reflect on their financial habits and practices. Meely has been in the financial space for over 20 years.

If theres one thing that all Kenyans have learnt, its the value of having savings. Everyone can and should save, whether you have Sh10,000 or Sh100,000. If you havent been saving, then clearly, going forward, this may become a new habit.

Meely predicts that there will be a huge uptake in savings and investments products, as people prepare to cushion themselves against the effects of any other similar upheaval.

Its unfortunate that one of the negative effects of the pandemic has been job losses and pay cuts. Perhaps this is an opportunity to focus on how to prepare for the post-Covid future and what one can do. You may want to rethink your spending habits so that you start putting away some money towards a safety net and start growing your investment portfolio. Its never too late to begin. You could join a Sacco or get expert advice. If Covid-19 has taught us anything, its to save for a rainy day.

There is a silver lining in the cloud, after all. The pandemic is causing us to redefine our lives, priorities, parenting, think on financial lessons for our children and prepare for our financial future and retirement.

What does the future look like for you? What would you like it to look like? Start taking steps towards your future, now.

Siaanoi Marima is an AoEC Certified Executive Coach. She offers executive coaching, career consulting and resume writing services. Linked in: SiaanoiMarima

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Surprising money lessons we have drawn from Covid-19 - Daily Nation - nation.co.ke

The COVID19 pandemic has affected lives and economies at an astonishing pace.

Although experts predict an unprecedented economic recession, challenging times should be no more than opportunities for small business owners.

With this goal, making a strategy should be a natural response to events. From creating an emergency support fund to hiring employees and get the help you need, all options should be considered. This includes the federal low-interest loan, although it can be hard to repay. Crisis management requires staying focused as a vital step. This will allow you to make objective decisions and fill yourself and your team with confidence.

The ultimate goal when owning a small business is achieving financial independence. This is when you will start to feel that this is truly your business and that you are on the path to success.

In order to get there, its necessary for you to overcome obstacles and adjust the way in which you see things and change your perspective. Here are eight instrumental steps to get the financial freedom you have been looking for in your small business.

The decision to start saving money to attain financial freedom should be a no return point as a small business owner. Every risk and measure taken to achieve that goal shall be executed with effort and determination. You might have to apply for an online payday loan or business cash advance which is a form of short term financing used to help with a companys immediate financing needs. A small business can usually apply and get a preapproval within an hour or two by providing a minimal amount of personal and business financial documentation. A small business payday loan can then be funded very quickly, with the money deposited into your companys account within days, if not the same day.

It is crucial to not get carried away by external influences because these sacrifices are not easy to do, and not everybody is up to it. It would be like adapting to a fitness nutritional lifestyle.

The first few steps are small changes in your daily meals and later on, the necessary strategies will come naturally.

A vital thing is the acknowledgment of yourself and your business. All the info you can gather will help you know best what are your strengths and weaknesses for this process.

Taxes and investment sheets, financial balances, insurance outcomes and covering, and other business documents will help you develop a plan that suits you according to your expenses and incomes. This is how those adjustments become truly effective.

You must set your goals and objectives in a way that these can be met. Your financial business goals -and the way to achieve them- should be as clear as water is.

Establishing savings accounts and investments should be the number one priority. Moreover, take everything (profits, expenses, clients and employees satisfaction, pricing of your product or services) into consideration while planning.

Smart decisions require preparation. For a goal to be achieved, small goals need to be reached first! Fill all the gaps along the way.

Despite experts recommending to keep minimal insurance cover (to lower the business expenses rate), the truth is that it is wise to constantly review your coverage to protect all of your assets.

Another good way to keep long-term savings is through retirement plans. If you dont have full-time employees, a solo 401k plan could be a great start.

However, if your small business doesnt qualify for a solo 401k, a Simple IRA will do the job.

Retirement plans have also a great plus; they are the best way to shield your business income from excessive taxes.

If feeling unsure while choosing a retirement plan or if you dont understand their implications- hire an insurance agent and get professional advice.

Dont just wait for something to happen to start saving. Whether you are waiting on market growth or buying resources for your business, if in your current situation you handle a tight budget, try to find a way to raise your income.

Marketing experts convinced us of the necessity of having good debt. However, there isnt such a thing. Financial independence implies you dont owe anything, to anyone, independently of if it is for a good reason. Try to pay-off debts as soon as possible.

Do not focus on a single action; it should be a whole system in motion. Analyze your expenses pattern and control unnecessary spending. Determine which investments are better for your business, find new clients, avoid problematic clients and employees, and renew your sales plans.

Design a whole plan for managing your small business with the lowest expenses rate possible and a high income.

Make sure your career is on its path to success. As Benjamin Franklin said, An investment in knowledge pays the best interest. You should become knowledgeable about financial matters so that you can invest in yourself and see the fruits of your effort.

Eventually, your income will increase because youll diversify how you make money. Gaining more and maintaining a low expenses rate will take you closer to the main goal.

Set up a system, a way you and your business can run with a monthly or weekly budget. Continuously refocus your goal and keep track of your accomplishments, and above all, build attainable goals.

Smart investing creates second, third, and infinite sources of additional financial income. It is risky because of market fluctuations, but it is important to invest despite what other businesses might be doing.

If the market feels unstable, reduce your investments in equities and diversify across several types of investments like stocks, cash, and real state. This is a great way to protect yourself from unexpected loss

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How to achieve financial independence in your small business - Business MattersBusiness Matters

Building sufficient financial resources to retire early may sound like a dream, but making that dream come true is not as hard as it may sound. The main thing is simply to save more money each month. No big deal, right? Well ...

Typically, advisors peg 15% to 20% of total income saved each month as a goal - but if you want to retire earlier, you probably have to ratchet that number up to 40% or 50% of your income. Not a feat easily accomplished when you review your take into account that a good portion of your paycheck goes to essential, non-negotiable lifestyle items. However, if you are willing to make some serious lifestyle changes and sacrifices, it's possible.

A relatively new movement called Financial Independence, Retire Early (FIRE) has been developed around this "sacrifice and over-save now to retire early" concept. FIRE followers develop strict savings programs (up to 75% of income) and make associated sacrifices like living in small apartments, walking to work every day, restrictive diets, and so on. This path may be too restrictive for many, but the mindset offers some takeaways that might be worth considering.

First, stick with the fundamentals of long-term growth investing: Choose a diversified portfolio of stocks with exposure to different styles, sizes, sectors, and regions.

To accelerate the retirement investment cycle, you can construct a portfolio designed with more risk - and the potential for higher returns - but it should still be appropriately diversified to protect against larger than average market drawdowns that can be difficult to recover from and ruin any chance to accomplish your early retirement goal. There are numerous ways to diversify a portfolio, and how you do so should depend on your age, your risk tolerance, your growth and income needs, and your long-term goals.

After accelerating your savings and setting up an ongoing plan, invest your savings into your portfolio at the earliest opportunity. Try not to attempt to time the market. Stay put, and let the compounding characteristics of the markets do its work to help grow your retirement wealth exponentially over time.

Growth stocks with low beta, strong earnings estimates, positive sales growth, and expected future growth are an excellent way to determine investable growth stocks for your retirement.

Zacks offers investors useful rankings for lower risk growth stocks for retirement portfolios. The following are a few selections that merit a closer look: Meridian Bancorp (EBSB), Virtu Financial (VIRT) and H&R Block (HRB). Earnings and revenue has seen growth of at least 5% or higher over the last five years, with a beta of 1 or lower.

Do You Know the Top 9 Retirement Investing Mistakes?

Whether you're planning to retire early or not, don't let investing mistakes derail your plans.

If you have $500,000 or more to invest and want to learn more, click the link to download our free report, 9 Retirement Mistakes that will Ruin Your Retirement.

This report will help you steer clear of the most common mistakes, like trying to time the market, lack of diversification in your portfolio, and many more. Get Your FREE Guide NowHR Block Inc (HRB) : Free Stock Analysis ReportMeridian Bancorp Inc (EBSB) : Free Stock Analysis ReportVirtu Financial Inc (VIRT) : Free Stock Analysis ReportTo read this article on Zacks.com click here.

Excerpt from:

Easy Investing Secrets to an Early Retirement - May 14, 2020 - Yahoo Finance

OAKDALE, Minn., May 14, 2020 /PRNewswire/ --Advisor Group, the nation's largest network of independent wealth management firms, and Woodbury Financial Services today announced the successful recruitment of two independent financial professionals with combined client assets of $170 million. The financial professionals, Joseph Di Biasi and Gregory McElheny, joined Woodbury as part of a transaction in which they acquired Life Certain Wealth Strategies, a five-person Woodbury-affiliated practice with $240 million in client assets. The transaction will enable Life Certain's President and Founder, Herb White, to execute his succession plan and successfully retire from active management of the business according to his preferred timeline.

Woodbury Financial Services is part of Advisor Group, which also includes FSC Securities Corporation, Investacorp, Inc., KMS Financial Services, Inc., Royal Alliance Associates, Inc., SagePoint Financial, Inc., Securities America, Inc., Securities Service Network and Triad Advisors, LLC.

The combined practice, which will retain the name Life Certain Wealth Strategies and now has total client assets of $410 million, has offices in Greenwood Village, Colorado (in the Denver area) and Colorado Springs and comprises the following financial professionals:

Advisor Group's Succession & Acquisition team, led by Senior Vice President of Succession & Acquisition Todd Fulks, JD, played a key role in facilitating the transaction and recruitment of Mr. Di Biasi and Mr. McElheny, as did Woodbury Regional Vice President Nathan Anderson.

Mr. White began identifying and evaluating potential merger partners in hopes of bringing strong successor candidates to his practice in 2019. Mr. Di Biasi and Mr. McElheny were clearly drawn to the resources, support and flexibility provided by Advisor Group and the Woodbury platform, and signaled that they would be open to joining Woodbury in order to minimize potential disruptions to Mr. White's practice and clients. Mr. Fulks and Mr. Anderson worked closely with the principals to help structure the transaction, assist in securing financing, facilitate a seamless transition for Mr. Di Biasi and Mr. McElheny, and resolve questions and concerns along the way.

Rick Fergesen, President and CEO of Woodbury, said, "Welcoming two seasoned independent financial professionals such as Joe Di Biasi and Greg McElheny to the Woodbury family is a tremendous win in itself. In addition to this great news, we are very pleased that we were able to play a critical role in facilitating a win-win transaction that will enable one of our highly-successful veteran financial professionals, Herb White, to realize his succession planning goals while ensuring that his clients are well cared for. We're in the business of providing financial professionals with the support they need to grow and succeed over the long term. This merger and recruitment do just that, and we are proud to have helped it reach completion."

Mr. White said, "From my perspective, it was crucial to find succession partners who were a great fit for the culture we had built over the years at Life Certain Wealth Strategies, both within our organization and with our clients. At the same time, it was equally important for me to stay with Woodbury, which has been an indispensable part of our success since we joined their platform nearly two decades ago. This transaction and succession plan gives me the reassurance of knowing that my clients will be in great hands after I retire, and I could not be more thrilled to work with Joe and Greg moving forward."

Mr. Di Biasi said, "Transitions can be difficult without the right expert resources and guidance to smooth the process. In this case, we went through both an affiliation move and a merger at the same time, and we could not have done it without the teams at Advisor Group and Woodbury empowering all of us to stay focused on our clients and businesses from start to finish. Woodbury and Advisor Group's experience, expertise, and responsiveness were invaluable to us and helped us establish a powerful combined business that will help our clients effectively pursue their goals for years to come."

Jamie Price, President and CEO of Advisor Group, concluded, "We are very pleased to bring Joe Di Biasi and Greg McElheny to Advisor Group and Woodbury, and to contribute to the success of Herb White's succession plan. This was a complex transaction that would never have been possible without the diligent collaboration of both parties, the support of Nathan Anderson and other senior Woodbury executives and the guidance of Todd Fulks and his experts on Advisor Group's Succession & Acquisition team. At Advisor Group, we stand, as always, in our financial professionals' corner, and our teamwork and dedication were on full display here as we worked to ensure that this transaction was a win for all involved."

About Woodbury FinancialWoodbury Financial Services, Inc. is part of Advisor Group, the nation's largest network of independent wealth management firms, and is a Registered Investment Advisor, member FINRA and SIPC. Woodbury Financial has nearly 1,600 affiliated independent financial advisors and is headquartered in Oakdale, MN. Woodbury employs a client-driven approach focused on meeting the unique demands of businesses and individuals. For more information visit https://www.joinwoodbury.com/.

About Advisor GroupAdvisor Group, Inc. is the nation's largest network of independent wealth management firms, serving approximately 11,300 financial professionals and overseeing over $450 billion in client assets. The firm is mission-driven to support the strategic role that financial professionals can play in the lives of their clients. Securities and investment advisory services are offered through its affiliated broker-dealers: FSC Securities Corporation; Royal Alliance Associates, Inc.; SagePoint Financial, Inc.; Woodbury Financial Services, Inc.; Securities America, Inc.; Triad Advisors, LLC.; Investacorp, Inc.; KMS Financial Services, Inc.; and Securities Service Network, LLC, members FINRA and SIPC, and Registered Investment Advisers. Cultivating a spirit of entrepreneurship and independence, Advisor Group champions the enduring value of financial professionals and is committed to being in their corner every step of the way. For more information, visit https://www.advisorgroup.com.

Media InquiriesJoseph Kuo / Chris ClemensHaven Tower Group424 317 4851 or 424 317 4854jkuo@haventower.comor cclemens@haventower.com

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Advisor Group And Woodbury Financial Recruit Financial Professionals Joseph Di Biasi And Gregory McElheny, Facilitate Succession-Driven Merger With...

Les Robinson created a virtual education seminar on May 21st that will emphasize on How to protect Money from Medicaid.

Les Robinson CLTC, the founder of LesLTC, is pleased to announce that he will be conducting an virtual educational seminar on May 21st at 6 PM to tackle the topic of the threat of Medicaid, nursing homes, and long-term care on your money.

This planning structure aims to bring together long term care and retirement planning to safeguard people from losing their money and independence to long-term care as well as Medicaid event. This is the goal of Les Robinsons virtual education seminar on May 21st at 6 PM. Click on link to sign up for the seminar https://calendly.com/les-robinson/may-21-remove-the-threat-of-medicaid-to-your-money?month=2020-05

A person can start their path to secure and more fruitful retirement and long-term care plan that will enable them to profit from pre-planning. This is important rather than waiting to begin the plan much later that could take longer to execute, waste valued time, and would cost clients a huge amount of their money.

The outcome will be more fruitful retirement, reducing the future care expenses of the client, and lessen the distress of the unknown. One can safeguard their legacy, family, income, and money, not depending on their family for money in a long-term care & Medicaid event.

The LesLTC Process helps to reduce the greatest threat to a persons retirement plan and will protect their personal choices and financial independence; remove the hidden financial threats to their money by Medicaid and inflation; understand the consequences of not having a plan on your money and income stream; how to avoid Medicaid spend down mistakes and maintaining eligibility for Medicaid; what other long -term care options available and so much more.

According to Les Robinson, For more than twenty-five years in the industry, I have been helping a lot of people reduce their emotional and financial liability to their loved ones from a care event. I developed the LesLTC Process to deliver long-term care and retirement planning together into one planning process.

People looking to set up an information meeting with Les Robinson CLTC: click here to set up a 10 minutes meeting.

About Les Robinson

Les Robinson, CLTC is a long-term care agent, special care planner, educator, media resource, recent board member of FPA. He was also the co-author of Essentials of Long-Term Care Planning. Robinson also was part of the Genworth Long Term Care E application development team New York State insurance instructor at Bryant and Stratton College, for CE and licensing for Life and Health.

To learn more about the educational seminar, call Les Robinson at 1-800-875-1040 or send him an email at les@lesltc.com. Visit his official website at http://lesltc.com/ to get a long-term care quote.

Media ContactCompany Name: LesLTCContact Person: Les Robinson CLTCEmail: Send EmailPhone: 1-800-875-1040Country: United StatesWebsite: http://lesltc.com

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LesLTC Announces a Virtual Educational Seminar on May 21st to Remove the Threat of Medicaid, Nursing Homes, and Long-Term Care Event - Press Release -...