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Blog Posts (100)

  • 7 Innovative Ways Employers Can Help Employees With Childcare

    New parents and parents with more than one child have similar concerns about putting their child in daycare. It's expensive! The cost of daycare can make it challenging to manage your finances and cause a financial strain on your budget. Some families find it cheaper if only one spouse works while the other stays home to take care of the children until they can find a way to afford daycare. But what if you don't want to quit your job? What are some things employers can do to help mitigate significant childcare expenses and keep employees employed? From helping employees claim dependent care credits to providing a stipend, here are seven ways that your employer may be able to help. Help Employees Claim Dependent Care Credits Run an Office Daycare Offer a Discount Increase Childcare Subsidies Propose Flexible Working Hours Give Them Access to Tools Which Support Childcare Provide a Stipend Help Employees Claim Dependent Care Credits Employers can administer this program by allowing employees to elect pre-tax deductions to be taken out of their paychecks and put into a Dependent Care Account (DCA). Electing deductions using a DCA can reduce the employee's overall tax bracket due to decreased gross income. Another benefit, known as the Child and Dependent Care Credit, occurs during tax season for employees that elect the DCA and have eligible child care expenses during the previous year. "To qualify, the childcare provider must be a certified child care center, a licensed family child care home, or a provider who meets state requirements and is registered with the state. The Child and Dependent Care Credit is available to employees who meet certain requirements and have earned income. Employers can help their employees by providing information about this credit and how to claim it." - Matthew Ramirez, CEO, Rephrasely Run an Office Daycare Employers should run an office daycare as a work perk. This removes the cost of daycare and allows employees to not worry about the expense. Employees can bring their child to the office daycare and visit them during lunchtime with no hassle, then pick them up at the end of the day. This ultimately results in workers feeling appreciated, and it finds a solution to an ongoing issue. - Natália Sadowski, Director of Aesthetics, Nourishing Biologicals Offer a Discount Offer a discount with a local daycare. This lessens the expenses and creates a convenient experience for the employee. Employees can drop their children off at daycare before work and pick them up at the end of the workday. These costs add up, so employers who can acknowledge this and find a solution will create a happier employee at the end of the day. - Jodi Neuhauser, CEO, Ovaterra Increase Childcare Subsidies An excellent way to keep employees happy is to increase childcare subsidies. Offering childcare as a benefit may currently offer different corporate tax benefits than providing health care. Still, when contrasted with the expense of recruiting and onboarding new employees, the investment in keeping parents in the workforce by giving childcare is worthwhile. Furthermore, you can design the benefits so that employers contribute to a fund that employees can use for any caregiving, such as for a child, spouse, or senior family member. The caregiver benefit is like healthcare since it allows us to collectively ensure that we can satisfy the requirements of loved ones rather than relying just on women's unpaid care or individual savings. - Tiffany Homan, COO, Texas Divorce Laws Propose Flexible Working Hours Some employers allow a flexible schedule so parents can tend to their young children throughout their workday. For example, a parent might work a few hours in the morning when a nanny comes in, and then they take a break from work until their partner gets home to watch their child. In the evening, they can return to their computer and finish projects. Many businesses no longer count hours worked or logged in and are happy if all tasks are completed on time and accurately. - Susan Shaffer, President, Pneuma Nitric Oxide Give Them Access to Tools Which Support Childcare Employers often focus on the immediate return to work period for working parents rather than viewing the entire journey they have embarked on. Employers can support parents with childcare by giving them access to tools that actively help them find and secure childcare, which not only helps their family survive but thrive. This might be through companies set up to connect parents with childcare services in the area or by providing paid access to tools, so they can easily communicate with other caregivers without adding extra stress to their day. Ultimately, it's about taking the financial and mental burden off employees; don't just point them toward available support; engage with that support on their behalf and provide immediate access through your organization. - Jessica Higham, Marketing Manager, Onoco Provide a Stipend Employers can provide subsidies or stipends to help their staff offset the expensive cost of childcare, which can significantly help. This stipend is so important because the cost of childcare can often be a deciding factor for whether someone can continue working, which means this investment can keep your best people with you for the long term. - Grace He, People & Culture Director, teambuilding.com For employers to maintain a present workforce, they must find various ways of supporting employees and their families. Providing family Fridays, flexible working hours, Dependent Care Accounts, or on-site daycare can encourage employees to show up to work and be fully present. The absence of employer consideration can lead to a less-than-present workforce and higher-than-normal turnover. This can be costly to employers, more costly than providing a much-needed resource to employees.

  • 11 Ways to Decide if Entrepreneurship is Right for You

    Are you on the fence about turning your side hustle into a thriving business? Venturing off to pursue your dream can be daunting, especially if you don't know where to start or what pitfalls to avoid when venturing off as an entrepreneur. So, what's one thing we should consider when deciding whether to be an employee or an entrepreneur? The following 11 business leaders and entrepreneurs offer the following factors you should consider if you're interested in starting your own business. Entrepreneurship Considerations Personal Circumstances Tolerance for Instability Income Maintaining Discipline Tax Obligations Level of Responsibility Devotion to Your Craft Availability of Capital The Real Risk of Being An Employee Complete Autonomy Relationship With Risk Personal Circumstances Entrepreneurship often involves experimenting. It's hard to predict if your business idea will work out and if you will have enough resources to pursue your dreams. You should think carefully before changing from stable employment to entrepreneurship. Think of your life situation at the moment. If you just started a family, starting a new business might not be the best idea. Even if you have enough financial resources, you might lack the energy to meet the challenges of your private and professional life at the same time. So how do you open yourself to new opportunities while minimizing the risk of failure? Don't put all your eggs in one basket! Evaluate your situation and consider how much risk you can take. Many people decide to follow their passions and start developing a new career but do it next to their actual job. It might be challenging to do these two things simultaneously, but it will give you extra security if your plan doesn't work out. - Dorota Lysienia, Community Manager, LiveCareer Tolerance for Instability How comfortable are you with instability? Entrepreneurship can be highly rewarding, but it's not as safe a bet as traditional employment. On average, under 50% of businesses fail in the first five years. If you are a person who values stability in your career and dislikes risk, you may prefer to be an employee. If you feel comfortable with the risk-reward ratio and want to create your own business, entrepreneurship might be for you. It all comes down to your personal needs and interests. - Chris Vaughn, CEO, Emjay Income Consider whether you want to have control over your salary or whether you would rather your employer handle that. There are pros and cons to both. Having control over what you get paid means that you do not risk getting taken advantage of, yet if you run your own business, you do not always necessarily know how much you will be able to pay yourself. So, between all those factors, consider what is the most important to you in terms of how you get paid. - Miles Beckett, Co-Founder & CEO, Flossy Maintaining Discipline One of the things most people who aspire to be entrepreneurs are surprised with is the amount of self-discipline you need to have to keep going. As an employee (as annoying as it may be not to be an owner or work on something you truly believe in), you still have the reliability of a set schedule or amount of tasks you're working on. And a relatively stable form of income. Whereas, as an entrepreneur, you'll find that everything relies on your ability to maintain discipline. Don’t confuse motivation with discipline. Motivation comes and goes. Discipline is what keeps you going. You may not always want to do certain tasks or stick to a set-out plan. You have to do it anyway without the assurance of stable results. Being an entrepreneur can be a source of fulfillment, but if you think you can't learn self-discipline, it's best to choose the path of an employee. Remember, neither is a good nor bad choice—it's all a matter of the approach and the qualities you want to develop. - Nicole Ostrowska, Career Expert, Zety Tax Obligations When deciding to work as an employee or start your own business, it's important to consider the difference in tax obligations. As an employee, taxes are typically withheld from your paycheck and paid directly to the government. As a self-employed entrepreneur, you may be responsible for paying estimated taxes throughout the year and filing self-employment taxes on top of regular income taxes. It's important to factor in the added responsibility and potential cost of these taxes before deciding on your career path. - Michal Jonca, Community Manager & Travel Leader, US Visa Photo Level of Responsibility The skills required to be a successful entrepreneur and a successful employee are usually different. For the latter, you need a wide range of skills and less specialization in one area. For the latter, the more specialized you are, the better. But that's not the main thing to consider. The main area that you need to be absolutely sure of is the level of responsibility you want to take on. As an entrepreneur, you are the final decision maker, and, in the end, you're responsible for everything that goes on at the company. Even if you don't know the specific activities carried out by an individual in a particular department, it's still your responsibility to know how to address the following: the direction of the company, payroll, product quality, client and customer experience, and team building. Even if you're a level or two removed from the work, it's all still your responsibility. - Daniel Ndukwu, CMO/CoFounder, UsefulPDF Devotion to Your Craft Commitment is a heavy word both in the game of life and business. In a competitive industry, not everyone can succeed or excel in the field. Devotion to your craft plays a huge role in choosing between becoming the boss or the worker. Becoming an employee is not as easy as it seems. You are a mere follower abiding by orders mandated by a leader. Given that you are working for someone else, the pressure and burden of the company do not weigh on you. Hence, more time for yourself. Meanwhile, starting a business requires a lot of attention and time. Dedication and responsibility are vital if you want a successful enterprise. You must be 100% committed and decisive that this is the path you want to take. In general, it all relies upon your visions and goals if you are hesitant about what career to pursue. If you could see a future in any of the two, don't be afraid to follow it. The only thing stopping you from achieving anything in this life is your doubts and worries. - Laura Martinez, Consultant and Content Writer, PersonalityMax Availability of Capital Entrepreneurship requires proper planning and prioritizing with the resources available. As an aspiring entrepreneur, determine if you have the necessary capital to start and maintain the business since you will input more than you will get from the business at the early stage. Know if you have viable investors that you can approach or a plan B that you can resort to if the unexpected happens and you need to use more resources to boost the business. - Yongming Song, CEO, Live Poll for Slides The Real Risk of Being An Employee A job is only as safe as your position within the company. If the company falls on hard times or makes a bad decision that negatively affects its overall performance, it's likely that the employees will be the first to feel the consequences. You're basically at the company's mercy when you're an employee. If the company makes a bad decision, or if the company's performance suffers, you could be the first to feel the negative effects. When this happens, you may be forced to look for another job, or worse, you might be forced to file for unemployment. The risk of being an employee is that you have less control over your future, and you're entirely dependent on the company's decision-making. Moreover, you risk being fired if you don't perform well as an employee. However, if you're an entrepreneur, you risk losing all your money if your business venture fails. - Luciano Colos, Founder & CEO, PitchGrade Complete Autonomy What fundamentally separates the two roles is that as an entrepreneur, you have the freedom to spend your time doing what's important to you. It comes with shouldering greater responsibilities, but the pros outweigh the cons for many. Life is short, and the one thing we can never get back is time. As a result, time is one of your most valuable resources, and you should treat it as such. While, as an employee, you don't have the same luxury of choice, when you're working as an employee, you do so on the company's time, you're limited in terms of flexibility, but you also have a greater sense of security and support. - Guy Sharp, Relocation Advisor, Andorra Guides Relationship With Risk Examining your comfort with risk is critical when considering whether to be an employee or an entrepreneur. While both options include risk, entrepreneurs must be risk-takers to move their businesses forward. They'll make tough, informed decisions from the information they have. Sometimes those choices pay off significantly, while others cause failure and challenges. Entrepreneurship is a high-risk, high-reward path, while being an employee typically offers more stability. - Kelli Anderson, Career Coach, Resume Seed

  • 7 Ways You Can Make Money in the Metaverse

    What's one way that people can make real money in the metaverse now and in the future? The metaverse is shaping up to be the source for business owners to provide innovative products and service opportunities. To help you discover ways to make money in the metaverse and identify viable metaverse investments, I asked CEOs and business leaders for their best insights. From becoming a tour guide to selling virtual avatar assets, there are several ways that you can make money in the metaverse. Here are seven ways these leaders make money in the metaverse: Become a Tour Guide Play Play-to-Earn Games Consider Hosting Events Buy and Sell Virtual Real Estate Own An Online Shop Create and Sell NFTs Sell Virtual Avatar Assets Become a Tour Guide One way to make real money in the metaverse is by becoming a tour guide or by serving as a middleman between hotels and travel firms. In the metaverse, you can open a travel agency and market your services to travelers because there is a lot to discover in the metaverse, so visitors will need someone who can take them around. If you are knowledgeable about a specific metaverse or have established a solid reputation as an explorer, you may easily become a tour guide and lead tours for newcomers or those wishing to visit popular locations. You may even create your own tours and charge visitors a fee to participate. The travel and tourism industry in the Metaverse has a lot of promise, particularly in the wake of the pandemic. - Arkadiusz Terpilowski, Head of Growth and Co-founder, Primetric Play Play-to-Earn Games One of the easiest ways to make money in the metaverse is by playing play-to-earn games. Many games in the metaverse will pay users in cryptocurrency just to play them. They range from typical strategy games like chess up to more intricate MMORPGs. The transactions will be small at first, but the increments will add up over time. - Gigi Ji, Head of Brand and Business Development, KOKOLU Consider Hosting Events Consider hosting events in the Metaverse. As companies learn more about this virtual world, they'll start advertising events in the space. For example, the Gucci Garden is in the Metaverse. If you can afford to buy land, you can then sell tickets to attend. Whether it's a new product launch or a place to hang out, companies can easily make a dime. - Natália Sadowski, Director of Aesthetics, Nourishing Biologicals Related: 7 Side Hustle Ideas for Graphic Designers Buy and Sell Virtual Real Estate Buying and selling virtual real estate is an excellent way to make money in the metaverse. Finding areas that have great growth potential can be a goldmine for those who like to invest. When the land begins to flourish, others will take notice and become interested in purchasing it. When the time is right, selling land to interested buyers can be highly profitable. - Adam Bem, Co-Founder and COO, Victoria VR Own An Online Shop The metaverse is a virtual 3D cyberspace that connects people from all over the globe via the internet. A proven way to make real money in this virtual world is to create an online store. The metaverse has made it possible for people to trade virtual items; hence you can tap into this. You have a large selection of virtual items that you can sell. Ranging from weapons to tokens to clothes or just household items. Be assured that whatever you trade in, an online store will profit in hard currency. - Yongming Song, CEO, Live Poll for Slides Create and Sell NFTs Virtual world technology is gaining traction, and the need for its services will only create more opportunities. The metaverse has created a craze for the demand for virtual goods. Non-fungible tokens (NFTs) are among the most in-demand products. The NFTs can be created in the metaverse and sold in the open marketplace. The metaverse has space for avatars, property, accessories, and equipment, among other decentralized digital objects and infrastructure. This means that they can be entirely designed and created by users to grow and support open economies. The popularity of NFTs among tech-savvy clientele and celebrities will increase the probability that such a venture turns a profit. - Ruadhan O, CEO, Founder, Developer, and Trader, Seasonal Tokens Sell Virtual Avatar Assets There are many ways to make money in the metaverse, but one of the most popular is to create and sell virtual assets. This can include anything from avatar clothing and accessories to houses and land. If you have a creative flair and programming skills, you can create some amazing things for which people will pay good money. So if you're looking to make some real money in the metaverse, selling virtual assets is a great option. - Gabriel Krikunez, Criminal Lawyer, Crimlawcanada

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  • Informed Finance Blog - Personal Finance

    Your Path to Financial Freedom and Success Annette Harris 23 hours ago 4 min 7 Innovative Ways Employers Can Help Employees With Childcare You may find it expensive to keep kids in daycare if you're a working parent. How can your employer help? Here are a few helpful tips. 2 Annette Harris Nov 16 6 min 11 Ways to Decide if Entrepreneurship is Right for You Examining your comfort with risk is critical when considering whether to be an employee or an entrepreneur. While both options include risk 40 Annette Harris Nov 13 3 min 7 Ways You Can Make Money in the Metaverse The metaverse is shaping up to be the source for business owners to provide innovative products and service opportunities. What's next? 169 Annette Harris Nov 5 8 min Transitioning out of the Military Successfully with Matt Wood Retired U.S. Army veteran Matt Wood, the Chief Headache Reducer and Founder of Suiting Green Consulting. See what tips Matt has to offer. 6 Credit Annette Harris 4 Ways to Protect Yourself From Credit or Debit Fraud (Video) Annette Harris Why Is My FICO Score Different Than My VantageScore? Annette Harris How To Protect Your Credit Against Emergencies And The Unexpected Annette Harris What Is Debt And Debt Management? Career Tips Annette Harris 7 Innovative Ways Employers Can Help Employees With Childcare Annette Harris 11 Ways to Decide if Entrepreneurship is Right for You Annette Harris Transitioning out of the Military Successfully with Matt Wood Annette Harris DailyPay: Easy Access to Your Income - So What's the Problem? Looking for something else? Start here. Retirement Entrepreneurship Homeownership College Taxes Military 7 Innovative Ways Employers Can Help Employees With Childcare 11 Ways to Decide if Entrepreneurship is Right for You 7 Ways You Can Make Money in the Metaverse Transitioning out of the Military Successfully with Matt Wood 9 Ways For Couples to Have a Wedding Without Debt 12 Practical and Affordable Gift Ideas for Coworkers VIEW ALL Subscribe and get your free budgeting checklist. First Name Last Name Email I want to subscribe to receive the latest post and free checklist! Submit Featured In:

  • Blog | Informed Finance

    Informed Finance Blog If you’re reading this, it means that you love asking questions just as much as I do. I’m here to help you find answers. From educational articles to informative posts, the Informed Finance Blog is your source for all sorts of knowledge. Join the community today! All Posts Budgeting Financial Literacy Saving Children & Family Retirement Entrepreneurship Coaches Corner Military Relationships Business Employment Debt Taxes Credit Interviewing Resumes Organization College Homeownership Banking Investing Renting Travel Search Log in / Sign up Annette Harris 23 hours ago 4 min Children & Family 7 Innovative Ways Employers Can Help Employees With Childcare You may find it expensive to keep kids in daycare if you're a working parent. How can your employer help? Here are a few helpful tips. 2 Post not marked as liked Annette Harris Nov 16 6 min Entrepreneurship 11 Ways to Decide if Entrepreneurship is Right for You Examining your comfort with risk is critical when considering whether to be an employee or an entrepreneur. While both options include risk 40 Post not marked as liked Annette Harris Nov 13 3 min Entrepreneurship 7 Ways You Can Make Money in the Metaverse The metaverse is shaping up to be the source for business owners to provide innovative products and service opportunities. What's next? 169 Post not marked as liked Annette Harris Nov 5 8 min Coaches Corner Transitioning out of the Military Successfully with Matt Wood Retired U.S. Army veteran Matt Wood, the Chief Headache Reducer and Founder of Suiting Green Consulting. See what tips Matt has to offer. 6 Post not marked as liked Annette Harris Oct 27 5 min Relationships 9 Ways For Couples to Have a Wedding Without Debt I asked married professionals for tips and tricks to help you avoid debt while planning for a wedding. Check out how they can work for you! 44 Post not marked as liked Annette Harris Oct 20 5 min Budgeting 12 Practical and Affordable Gift Ideas for Coworkers Have you been searching for the perfect holiday gift for your coworker? From candles to milestone bracelets to indoor plants, find one here. 54 1 like. Post not marked as liked 1 Annette Harris Oct 14 7 min Coaches Corner Getting Physically, Mentally, and Financially Fit with Janet Huehls As we age physical, mental, and financial health priorities change. Here are tips to maintain your financial, physical, and mental health. 12 Post not marked as liked Annette Harris Oct 10 3 min Budgeting How To Budget For Groceries Food budgets can change monthly and depend on the size of a household and its consumption rate. Here are a couple of ways to keep food costs 7 Post not marked as liked 1 2 3 4 5 Hello, I'm Annette My goal is to help you live your best life and reach your money goals. Find inspiring conversations to help you live and achieve your best future. Subscribe to the get your free budgeting tips! First Name Last Name Email I want to subscribe to receive the latest post and budgeting tips. Submit

  • About Annette | Informed Finance Blog

    About Annette Annette Harris is a certified Financial Fitness Coach . She has been a noteworthy leader in the financial and human resources industries for over 14 years. She is a U.S. Army veteran and the Founder of Harris Financial Coaching . Annette also achieved debt freedom and financial independence in her 30s. ​ Annette has helped military and civilian clients break through the obstacles that seem to be holding them back. Life's too short to be unhappy, unsure, or unfulfilled. Let Annette help you learn and develop better ways to handle the issues standing in the way of your goals. Get in touch today to see what goals you can accomplish. Annette's Story Annette has touched many lives while serving in the military and the human resources field. One day, she decided to expand her passion for service to others by striking out on her own journey. At a young age, Annette watched her mother manage the family's finances and, throughout her career, has worked with employees to explain compensation and benefits options. In this process of service to others, she developed a deep-seated passion for financial literacy education. Annette is a trusted financial coach that can help you achieve your goals. ​ Annette was honored with the 2021 Jacksonville Business Journal HR Impact Award for her contributions to the human resources field. She holds a Juris Master Degree from Florida State University and resides in Florida with her spouse and children. ​ What Else? Annette loves to travel and has a list of places she would love to visit, like Spain, Hawaii, Egypt, and France. So far, she's visited Antigua, the Bahamas, Puerto Rico, Turks & Caicos, Jamaica, and Mexico . Living in Florida and Georgia, she's visited all the hotspots like Savannah, Atlanta, Orlando, Tallahassee, and more. ​ Press Kit 👈🏾 ​ Harris Financial Coaching holds the following business certifications: Certified Military Spouse Owned; Florida Woman, Minority, & Veteran-Owned; and Service-Disabled Veteran-Owned Small Business .

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