Oftentimes in small businesses family members are also employees, co-workers, supervisors, and/or owners but is this the right fit for everyone involved? In the small/family business realm everyone is responsible for pitching in and helping wherever it’s needed. The pitching-in mentality for families to get the job done is great in theory. However, it can […]
Are You Prepared for a Financial Emergency?
Unfortunately, we know that financial emergencies and unexpected expenses, like car repairs and visits to the doctor, happen. How can you help yourself be prepared to cover whatever unplanned costs may arise? Have you ever considered establishing an emergency fund? What is an Emergency Fund? An emergency fund is a savings account to cover the […]
What is a Furlough?
I have just been told there will be mandatory furloughs at work. What does that actually mean; what is a furlough? An employee furlough is a mandatory suspension from work without pay with the expectation that they will return to work. Usually it occurs when an employer needs to reduce its budget or it doesn’t […]
