There is one aspect of running a business that most business owners often overlook; succession planning. I am often reminded of the vary scary scary fact that, Approximately 90 percent of U.S. businesses are family firms, ranging in size from small “mom-n-pop” businesses to the likes of Walmart, Ford, Mars and Marriott. Family businesses are… Continue Reading
Retirement Planning Pitfalls
There are simple facts about our economy that we ignore on a constant basis when planning for retirement. Our population is aging and growing at the same time, and even though we had a large young workforce that supported the generation before it, this will no longer be the case. There’s been a lot more… Continue Reading
How to Beat Debt Successfully
Clearing your loans and borrowings can require a lot of effort and planning, especially if the size of your debt has been increasing steadily over time. Small loans can be paid off easily by making minor changes to your daily life, but serious cases need serious attention to pay off the loans. Here are some… Continue Reading
Saving on Cable with Cable Deals
It wasn’t that long ago that an average cable television subscriber could access approximately fifty channels for around $10 or $15 a month. Then, in the last several years, the number of available channels skyrocketed and so did the bill. Add to this the additional costs of high speed internet access and phone charges, it’s… Continue Reading
How Have I Increased My Net Worth 50% This Year
Someone commented on my most recent Net Worth that really got me thinking about how I have continued to increase my net worth this year. First a disclaimers: I am no where near a high net worth individual. Despite being the same percentage (50%) it should be pretty obvious that getting from $1,000 to $1,500… Continue Reading
What To Do if Your Flight is Cancelled
If you follow me on twitter, @MJTM, you would have noticed that I was away last week, and due to mechanical issues I was reminded of my ritual when a flight is canceled including the use of “Rule 240.” I traveled to the mid-west and on the way back I had a connecting flight through… Continue Reading
