Every business should consider having a savings account as well as a checking account. In some cases it might be a good idea to have more than one savings account, especially if your business is one that receives grants or special funding. Business savings accounts are similar to personal savings accounts with a few differences. There are often several kinds of savings from which to choose. Most types of savings accounts allow instant access meaning you can withdraw your funds… Read the rest

Like most folks in the personal finance world, I make a point of being careful with my money.  But over the years I've also learned the bottom of the barrel price isn't always the best deal.  For example, if I got estimates from several companies to replace my flooring or paint my house, I wouldn't go with the lowest bid – I've learned in my nearly five decades that most of the time the cheapest option is not your wisest… Read the rest