DeFreitas & Minsky Accounting Blog

Rapid business growth is the goal of many owners, but it can come with its own set of problems. Whether you overextend your budget or fail to keep up with demand, the consequences of missteps at this stage can be fatal. If your company is expanding and you would like to keep it that way, try these five simple strategies for business leaders.

Are you new to budgeting or searching for a money management solution to fit your lifestyle? Maybe, you should try the 50 30 20 budget. It’s a great way to develop a balance between the money you spend on obligations, goals and splurges.

Small business owners don’t have it easy. Within the first 18 months, eight out of 10 new companies close their doors for good. One major reason is an inability to balance the books. If you are an aspiring entrepreneur, your company will have a much better shot at success if you learn how to manage finances the right way.

No matter how much you earn, managing money is not easy. It requires much more than self-discipline. You must develop a plan and follow through with it. Thankfully, there’s help available today. You can quickly and easily download a daily budget app on your phone that can guide you through personal financial planning.

As a small business owner, you are probably very focused on growing your business. But, are you neglecting your personal financial health at its expense? These five financial tips will help you understand whether you are placing enough resources into individual money management.

Your credit score is an important indicator of your individual financial health. It can be used to determine everything from an auto loan rate to a home equity line of credit. Since a good score will increase your options and may even save you money, you should invest some time today in learning how to raise your credit score.

Holiday spending is an area that can easily break your budget. In fact, the average American spends nearly $1,000 on gifts for friends and loved ones during the holiday season. However, much of these runaway expenses can be reined in with a little pre-season planning.

All the tools you need to manage your money are in the palm of your hands. Today, there are a growing number of apps available that help with personal financial planning and more. From Mint to Acorns to HomeBudget, today’s best finance apps help you track the flow of your money on the go.

Every working American dreams of a comfortable retirement. Unfortunately, far too many people fail to develop a strategic plan to make financial stability in their golden years a reality.

If you are like many Americans who are concerned about retirement but don’t know what to do about it, you should know it’s never too late to begin planning. These seven tips will give you a head start.

After college is over, one of the most important lessons you can learn is how to manage your personal finances. Whether you are balancing a checkbook for the first time or struggling to pay off debt, it’s easy to make mistakes if you don’t know how to recognize these five warning signs of poor money management.