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Money Management Tips for Entrepreneurs

As an entrepreneur, managing your money can be challenging. It’s essential to understand the basics of finance and develop good financial habits to set yourself up for success. In this guide, we’ll explore some general money management tips for first-time entrepreneurs that can help you navigate the financial side of running a business.

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Ways to View and Track Your Checking Account Activity

It’s wise to keep a close eye on your checking account activity whether you just opened it or have been using the same one for decades. Thanks to digital technology, it’s now easier than ever to get immediate information on your account status. Here are some ways you can view and track your checking account activity.

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Fire Pit Safety Tips for the Summer

Summer means days of fun in the sun and nights of stargazing around a fire pit with friends and loved ones. If you’re ready to roast marshmallows around an open flame when the sun goes down, be sure to review the following safety tips.

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The History of Memorial Day

Memorial Day is often treated as the unofficial start of summer, and celebrated as a day for family fun, weekend getaways, and relaxation. And while this late-May holiday can be the perfect opportunity to catch up with friends at a cookout or relax at the beach, Memorial Day is — first and foremost — a federal holiday to recognize the bravery and sacrifices our troops have made in the name of freedom.

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Is the Money in My Account Safe?

Your financial institution is one of the safest places to store your hard-earned cash. The best part? All you have to do is open an account. 

There are two organizations, both backed by the United States government, that insure your money at participating institutions. The FDIC (Federal Deposit Insurance Corporation) provides coverage for banks and the NCUA (National Credit Union Administration) does the same for credit unions. These organizations both function as safety nets for your deposits.

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Should You Offer an Employee Stock Ownership or Profit-Sharing Plan?

When you’re building a business, having the right people on your team is critical. Being able to recruit rising stars and retain them necessitates providing incentives that keep your business competitive, including retirement plans, health insurance, and flexible work arrangements. Employee stock ownership plans and profit-sharing are also great ways to build loyalty among your employees — but is either a good fit for your business?

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Are You Putting Enough Money into Your Savings Account?

There is a balance between just enough and too much when it comes to money in your savings account. Even though saving as much as you can while still fulfilling your bills and enjoying life is a respectable goal, a savings account doesn’t often yield the highest return. If you’re wondering if you’re putting enough or too much into your savings account, here is a quick guide to help you better manage your money.

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What to Do if You Make a Mistake on Your Taxes

The approaching tax deadline puts pressure on many Americans to file and submit a return on time. Sometimes, that rush can lead to mistakes. Other times, a mistake may occur without you even knowing it for some time after, like an employer making a typo on a W-2. Whatever the case may be, a mistake on your taxes likely means you’ll need to file an amended return. Fortunately, that’s not terribly difficult to do.

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