The Money Guys Blog

The Top 10 Commonly Missed Tax Deductions

Posted on : 04/01/2010 - 7:26am

Top 10 Most Overlooked Tax Deductions Ted Jenkin, CFP®, AAMS®, AWMA®, CRPC®, CMFC®, CRPS® Co-CEO and Founder oXYGen Financial, Inc. Request a FREE consultation: www.oxygenfinancial.net Get the most out of your Tax Return for

I’m a Freelancer . . . Should I Set Up a Corporation?

Posted on : 11/12/2009 - 12:15pm

If you are starting a business as a freelancer, you have a choice of the legal type of business structure (entity) that you choose. There are advantages and disadvantages among becoming a Subchapter S Corporation, a C Corporation, a Limited Liability Corporation, a Sole Proprietor, or a Partnership.

5 Financial Secrets to Know When You Look For a New Job

Posted on : 10/05/2009 - 7:12pm

1. Consider the total economic package, not just the salary. When most people look for a job, they are only thinking about what their salary going to be when they start. Is it going to be 60,000, or 80,000, or 100,000. New employees want to know how they earn bonuses or commission. What I recommend to most people is to consider the total economic package, which isn't just your salary and your bonus.

Calling All Students- Credit Card Last Call

Posted on : 09/23/2009 - 12:00am

In 2008, Sallie Mae reported that 84% of all students had a credit card. The average balance on these cards skyrocketed from $2,169 in 2004 to $3,173 in 2008 according to Sallie Mae. With so many credit card companies parking there tables on college campuses trying to sign kids up for credit cards it caused recent legislation to be enacted in May that will change the credit card game.

Should you finance your company with a credit card?

Posted on : 08/22/2009 - 12:00am

Haven’t we learned anything yet? There is always a price to pay when you borrow debt.

What about the deal of the day? 1SaleADay.com

Posted on : 05/25/2009 - 12:00am

It won’t be long before it is holiday time, and people will be looking for stocking stuffers and gifts to get for the family. One great website I found and use is called www.1saleaday.com. It is very simple as each day it only sells three items. One item is in the wireless area, one in the watch arena, and one deal of the day that is randomly selected. Recently, I purchased a Field and Stream men’s black rubber watch that typically retails for $34.99 for less than $10.

10 Ways to Save - Ideas for saving thousands in restauranteur operations costs.

Posted on : 05/19/2009 - 12:00am

10 Ways to Save

Ideas for saving thousands in operations costs. By Blair Chancey

9 financial tips for Generation Y

Posted on : 05/16/2009 - 12:00am

If you're like many 20- and early 30-somethings -- aka Generation Y -- money concerns are probably hitting you in a way they haven't before. Your paycheck, assuming you have one, probably doesn't go as far as you'd like. Even if you're in tip-top shape, health insurance can be pricey. And fewer companies offer pension plans, even as prospects for Social Security remain unclear.

Is Now The Right Time to Join a Country Club?

Posted on : 05/08/2009 - 12:00am

There has always been an allure about joining a local country club. With how things are going in the overall economy these days, now may be the perfect opportunity to venture into that country club that you always wanted to join, but thought that you could never afford. Many of the upper-end country clubs today have either reduced or waived their overall initiation fee, which is the first hurdle for most people.

10 Important Things You Should Know About the Future of Credit Card Legislation

Posted on : 05/03/2009 - 12:00am

Beginning this month in August and future months going forward, the credit card accountability responsibility and disclosure act will go into effect and it phases in over roughly the next 13 months. There are many different mandates, but I wanted to share 10 with you that I thought would be of significance as you plan your personal finances.