What Are Custodial Accounts?

Want to ensure your child is financially savvy? Want to start investing in your child’s future? Maybe it’s time to ask: what are custodial accounts? Children look to us to learn important life skills, including how to save and manage money so they can achieve goals. Setting up a custodial account on their behalf is a great way to both teach them about the long-term benefits of saving and set aside funds for their future. You can get started by learning what custodial accounts are and ...

In the complex world of business, one ancient craft stands out in its ability to captivate, convince, and convert—storytelling. As business strategy professionals, we are not just dealing with numbers and charts; we are in the business of people—individuals with aspirations, emotions, and the need to understand and relate. Here, storytelling emerges as a potent tool. Leveraging stories, we can create a compelling narrative that effectively communicates the core of business cases and product...

Every month I post my updated net worth for those that are interested in following my progress. I have been tracking my net worth online since January 2006. I enjoy compiling the numbers each month, and doing so keeps me motivated, focused, and accountable. This month's numbers... We owed a decent tax bill this year which took our cash on hand and a dip into the savings to cover. Will start rebuilding the savings account next month, but that has obviously always been a low priority a...

Marketing is an essential aspect of small businesses that allows them to reach their target audience and generate sales. With the emergence of artificial intelligence (AI) and machine learning, small businesses can leverage these technologies to improve their marketing strategies. AI and machine learning can be used to enhance predictive analytics, automation, personalization, and audience segmentation, enabling small businesses to optimize their marketing campaigns and generate better resu...

In today’s world, we constantly deal with uncertainties and an ever-changing operational landscape, making cash flow management a hurdle for small business owners and companies. It is an uphill task, even for seasoned entrepreneurs, to consistently maintain revenues in the face of increased inflation rates and changing market forces. It is no secret that a healthy cash flow system is the foundation for a successful business. It helps you stay on track with daily operations, pay you...

Every month I post my updated net worth for those that are interested in following my progress. I have been tracking my net worth online since January 2006. I enjoy compiling the numbers each month, and doing so keeps me motivated, focused, and accountable. This month's numbers... Stocks are continuing their uptrend and helping the retirement accounts recover, but they are still well below their high mark of over a million dollars.

In the twenty-first century, information is paramount. Many traders who want to get started with professional trading firms would do well to equip themselves with the knowledge they will need to make an informed decision when it comes to choosing the right trading platform for them. In this article, we will answer some of the most frequently asked questions about Exante’s web trading platform. These questions include matters related to licensing and regulations, functionalities and...

Every month I post my updated net worth for those that are interested in following my progress. I have been tracking my net worth online since January 2006. I enjoy compiling the numbers each month, and doing so keeps me motivated, focused, and accountable. This month's numbers... An unimpressive month with the only gains being the exaggerated monthly gains of the real estate properties. This, as I have explained in the past, is an attempt to make up for the under appreciation of gai...

Small businesses are the backbone of any economy and their success is critical to the overall well-being of society. Good bookkeeping practices are essential for the success of small businesses as they help in making informed decisions, managing finances effectively, and ensuring compliance with tax laws. In this article, we will discuss the importance of good bookkeeping practices for small businesses and the benefits it provides. Understanding the Basics of Good Bookkeeping Practices ...

What is a Deductible? A deductible is a specific dollar amount that you are responsible for paying out-of-pocket before your insurance coverage kicks in. Deductibles are a common feature of many types of insurance policies, including health insurance, car insurance, and home insurance. Understanding how deductibles work is an important aspect of managing your personal finances and making informed decisions about your insurance coverage In a nutshell, a deductible is the amount you agr...

What Are Custodial Accounts?

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