Latest Posts

Finding and Evaluating a Commercial Insurance Agent

Business owners rely on a number of partners to help keep their businesses operational, profitable, and protected from potential harm. Commercial insurance provides necessary protection from liability and loss, but how do you know you can trust your insurance agent or broker to make the right recommendations for your company? Here are some tips for finding and evaluating an insurance agent. Read more

How Working Past Full Retirement Age Affects Your Social Security Benefit

Ah, retirement . . . when we can stop keeping a dictated schedule and are able to arrange our days as we please. Even better, once we hit a certain age, the government pays us back each month for all the years we paid into the social security system. We always hear that it's smart to continue working, at least part-time, as long as possible. What you may not know is how your social security benefits may be affected if you work while you collect social security. Read more

Sales Success is as Simple as Listening

Well, now that I have your attention, there are a ton of opinions about what contributes to sales success. Some people recommend working with prospects by day and producing reports and traveling by night. Others recommend diving deep into client analytics, building relationships with a nine iron, and sending birthday cards for their dogs. Read more

The Sobering Reality of the Mighty Dollar

“Problems worthy of attacks prove their worth by hitting back.”—Adam Smith This past Thursday, President Trump met with CEOs of major U.S. airlines and promised them a “phenomenal” tax policy that would be rolled out in a few weeks. With this statement, stocks, which had been limping a bit as some investors began to doubt the future of “the Trump rally”, caught a nice bid, along with the U.S. dollar (USD), at the expense of Treasury notes, as the ten-year rose from 2.33% to 2.44%. When the new...Read more

Monthly or Annual Auto Insurance Premium: Which is Best for You?

The cost of auto insurance can be daunting, so for many drivers, it’s a relief to be able to pay in monthly installments for the year. While this may seem like the most convenient option, it’s not always the most affordable in the long run. Most insurance companies give you the choice of paying for the entire policy annually or spreading out the payments over each month, but which is the best option? Well, it completely depends on your circumstances. Here are some ways to choose the right...Read more

Integrating Payment Reconciliation with Your Core

Payment processing options and consumer convenience are all the rage these days. You can barely peruse a lender trade publication or website without reading about the growth of Fintech and financial management applications and how they will ultimately affect the relationship account holders have with their financial institutions. And, these are things we should be talking about. Technology and changing consumer expectations will have an impact on traditional financial transactions,...Read more

Burning Down the House—Madame Le Pen Discovers Gresham’s Law

Sir Thomas Gresham was a banker in the 1500s. The law that bears his name states that, “Bad money drives out good.” In a commodity, currency-based economy, if two currencies are introduced (and the rule of law accepts both at the same value), but one has more of a commodity attached to it (like silver or gold), people will hoard this “good” currency and pay their debts with the “bad” one. Apparently, Sir Thomas was called upon by Queen Elizabeth I to explain this theory because of what was...Read more

3 Laws that Affect the Interview Process (And How You Can Avoid Breaking Them)

Hiring the right employees is a critical business function. With a vast number of potential candidates, finding the right fit for your company is not always as simple as reading over a resume and cover letter. The interview process is a vital component of hiring procedures, but it can also be stressful and time consuming. Further, the type of questions hiring managers ask could potentially be a violation of the law. There are several laws that affect the interview process, and today, I'll cover...Read more

7 Questions to Ask Before Refinancing Your Mortgage

Personal finance is often complicated, and mortgage topics can be some of the most involved. Sometime after you've completed your mortgage paperwork, you still may wish to consider refinancing. Simply stated, when you refinance your mortgage, you take out a new loan that replaces your original mortgage. The new loan pays off your original mortgage and comes with its own loan terms, different from your original loan. Read more

Financially Protect Your Employees By Offering Voluntary Insurance

Providing health care coverage to eligible employees is a requirement for many employers under the Affordable Care Act. The intricacies (and expense) of complying with the requirements can be complex, but of course, the non-monetary advantages of providing your employees with health benefits—a happier, healthier workforce, higher productivity, more competitive recruiting—can make the time and energy spent by your benefits team well worth the effort.  Read more

Meanwhile, over at the Fed

While we are transfixed by the flurry of controversial actions emanating from the White House, over at the Federal Reserve (the Fed), Fed governors, presidents, and the former chairman have been quietly discussing how to unwind perhaps the most impactful and important socio-economic policy this country has seen probably since the “Great Society” in the 1960s. I’m referring to the Quantitative Easing (QE) program that started in late 2008 and continues to this day. Currently, the Fed has a...Read more

The Importance of Women in the Workforce

Women comprise a significant segment of the workforce. In fact, according to the Bureau of Labor Statistics, women share 46.8% of the total labor force in the United States. So, what does that mean for business leaders? Well, approximately only half of American women participated in the workforce in 1980, compared to nearly 80% of men. And, while the number of women working today is a substantial increase from past years, there’s still a lot that can be done to increase the number of women who...Read more

Homebuying Myths Revealed

Sometimes, the housing market can feel like a jungle. Some of you have been on the hunt for months, searching through a forest of homes that hopefully are within your budget, but nothing has really caught your eye or even met half of the items on your preferences list. You're also having a tough time understanding what questions you should be asking your real estate professional and mortgage loan officer, what you should expect, and what you're required to do in the homebuying process....Read more

Affordable Care Act Requirements Taking Effect in 2017: Vol. 2

The Affordable Care Act (ACA) has many changes coming down the pike in 2017, and to help your business prepare, we are featuring a series of posts that explain each change and provide direction on what your company can do to develop a compliance strategy. Volume 1 of this series explored plan design changes including grandfathered status, cost-sharing limits, and health FSA contributions. This post, Vol. 2, will cover Summary of Benefits and Coverage (SBC). Read more

7 Ways to Save on Your Home Remodel

Anybody who's gone through a home remodel knows that they rarely go according to plan or budget. But as time passes and styles change, you must keep your home in proper repair and up to date in order to maintain and increase its value. With the average kitchen and bathroom remodel costing $20,556 and $9,348 (according to Homeadvisor), respectively, any renovation is bound to set you back a decent amount of cash. To help you accomplish the repairs and renovations you need while saving...Read more

Save Funds to Care for a Disabled Child Using an ABLE Account

Parents of disabled children face a number of challenges. One significant difficulty is ensuring that your child has enough money to pay for necessary care throughout his/her life. Previously, if you wished to establish a fund to care for a disabled child into adulthood, you had very few attractive options. Special-needs trusts are burdensome and heavy on fees. Government benefits help but of course are limited. Finally, there's some good news: the ABLE account. Read more

The Top 5 Most Popular BusinessHub Posts: 2016 Edition

It’s that time of year where we say goodbye to 2016 and hello to 2017! With a new year comes new resolutions. Whether you’re overhauling your company’s financial goals, or just making a few minor tweaks, the new year is a perfect time to reevaluate your monetary goals and the goals you have for your employees and your workforce for the upcoming year. Read more

The Top 5 Most Popular PersonalHub Posts: 2016 Edition

New years often bring new resolutions. If you've resolved to get your personal finances in order, you came to the right place! Here were the most popular financial planning posts from our PersonalHub blog in 2016. Read more

9 Ways to Kick off the New Year with a Winning Wellness Program

As the new year approaches and consumers begin to jot down their New Year's resolutions, taking steps to lead a healthier life is always at the top of the list. As a business leader, you have the power to support your employees in their quest for better healthy by implementing some proven methods that promote healthier employees, which means lower health care costs, less absenteeism, and higher productivity. Sounds like a win-win, right? Read more

The 13 Biggest VA Loan Myths BUSTED!

Did you know that there's a huge percentage of veterans who don’t even know they have a wonderful home loan benefit? VA loans are an excellent way for veterans to purchase a home or refinance an existing one. Unfortunately, along with the lack of knowledge about the program, there are a lot of misconceptions about the VA loan process. VA loans do not have to be difficult to understand. Check out this list below to help shed some light on common myths and facts on the VA home loan. Read more