So, the exciting time has come; you’re about to apply for a loan, perhaps to buy that dream car, or get a mortgage. Either way, you’re buzzing when you walk into your application meeting. Then, the credit check happens. This is where many applications fall down and, sometimes, refusal here can come as a […]
Raising Funds For Your Dream Business
in Entrepreneurship/by Kenneth W. BoydEveryone has pictured owning a pretty successful business at one time or another. Only a select few will actually get there one day. More worryingly, it’s still only a small percentage of people that will even attempt it. They have their fantasies in the minds, but they never even bother learning how to […]
Effective Interest Method: Accounting for Bond Premiums and Discounts (3 Video Links)
in Accounting/by Kenneth W. BoydIf you’ve taking an intermediate accounting class, or studying for the CPA exam, you may struggle with the effective interest method for bond accounting. You’re not alone. I’ve always thought that this topic was difficult for many instructors to teach. I started my career as a financial advisor, and my entire client base […]
Important Small Business Management Tips
in Entrepreneurship/by Kenneth W. BoydRunning a business is no easy thing to do. You start by having everything piled on your shoulders. You work tirelessly and hard to get your business off the ground and thriving. Often just working from a computer and your phone. But in time that business grows, and it turns out that you […]
Keeping Your Life Afloat When Your Income Stops
in Personal Finance/by Kenneth W. BoydWhen you’re income stops, it’s a shock to the system. A lot of our worries derive from money (usually the lack of it) and so, with one less income, or no income coming into your home at all, you’re probably frantic about what you can do. If you’ve been injury and can’t […]
12 Ways To Save Money As A Small Business
in Entrepreneurship/by Kenneth W. BoydBeing savvy about your business spending is an important part of keeping your business afloat, and profitable. This is especially important when your business is new or small, when every small amount of money counts. If you’ve had a financial setback, this article is helpful. Use these 12 tips to save money in […]
4 Tips to Understand Consolidation Accounting (Video Link)
in Accounting/by Kenneth W. BoydWhether you’re studying for the CPA exam, or taking an Advanced Accounting course, you may have trouble with accounting for consolidations. Use these tips- and the video link- to understand the accounting process. #1- What’s a Consolidation? A consolidation means that two companies present their financials as if they are one company. […]
Big Ways You Could Cut Your Household Budget Today
in Personal Finance/by Kenneth W. BoydWhen it comes to your day-to-day spending, you need to understand your habits. Things like cutting down cigarettes and alcohol, using a thermos instead of buying coffee, and resisting impulse spending are all good advice. However, they are a way of chipping away at your costs little by little, when sometimes you need a […]
Credit Scare: Why Your Credit Rating Might Not Be As Good As You’re Expecting
in Personal Finance/by Kenneth W. BoydSo, the exciting time has come; you’re about to apply for a loan, perhaps to buy that dream car, or get a mortgage. Either way, you’re buzzing when you walk into your application meeting. Then, the credit check happens. This is where many applications fall down and, sometimes, refusal here can come as a […]
5 Tips to Understand Pension Accounting (2 Video Links)
in Accounting/by Kenneth W. BoydWhat, exactly, is a pension, and how does the accounting work? Both CPA exam candidates and undergraduate accounting students struggle with this concept, so I thought I’d explain the basic concepts here. Pension- Defined A corporate pension is a written agreement that requires a business to pay a former employee a series […]
The Financial Benefits Of Safer Driving
in Personal Finance/by Kenneth W. BoydWe shouldn’t need to tell you about the benefits of safer driving. Hopefully, you already understand the risk to both your life and the lives of others when you behave recklessly on the roads. There are financial benefits to safer driving too, and while these are probably of no surprise to you, we are […]