Personal Finance Podcasts You Should be Listening To

In older times those wanting a healthy dose of personal finance advice might look to books, radio, or cable TV to find a money guru and get their thoughts. Some even spent considerable amounts to attend conferences and hear their favorite guru speak. While all of those mediums still exist and thrive, a newer source for personal finance insight is podcasts. Podcasts are great for a number of reasons: 1)...

Why Having a "Fat" Checking Account Can Be a Bad Thing

There are several reasons that many Americans prefer to run the majority of their finances through their checking account first. For one it provides them with easy access to cash when they need it. Additionally several banks have begun charging fees should your account dip below a certain balance, leading many to cautiously avoid that threshold. But is it possible to have too much money in your checking account? According...

Tips for Cutting Costs but Not Jobs

There are many great aspects of being an entrepreneur and owning your own small business. Unfortunately the occasional need to layoff staff isn't one of them. With a reported 70% of business costs being staffing related, many businesses first look to their employees when money gets tight. However, as a recent post by Minda Zetlin on Inc. highlighted, there are some ways that you can help reduce your business' costs...

3 Financial Lessons to Learn from the Madoff Scandal

Just over seven years after Bernie Madoff's Ponzi scheme — believed to be the world's largest — collapsed, the fraudster is back in the headlines thanks to a new paperback edition of Brian Ross' book and an accompanying mini-series (starring Richard Dreyfuss) that ABC is investing in for sweeps week. While many of us would like to think we'd never be as naive as to fall for such a scheme, the unfortunate...

The Difference Between Emergency and Rainy Day Funds

It's fair to say the vast majority of Americans know they should be saving money even if many of them don't actually do it. Although it might seem like an easy concept, saving is not always as straightforward as you might think. For example, while you may have heard you should always have an emergency fund on hand, you might not know exactly what that means. Typically when people think of...

Why 2016 Will Be a Great Year to Start a Business

Note: I originally wrote this post for Medium and am re-publishing it here for my regular readers. Jon Dyer Has starting a small business and becoming an entrepreneur long been on your bucket list? It may be time to upgrade that goal to "New Year's resolution." 2016 is shaping up to be a great year for those looking to escape their nine-to-five job and launch their own company. According to...

JPMorgan Chase Embraces FinTech (For the Most Part)

Whether they fear them or not many banks are now openly acknowledging the blossoming FinTech sector. In 2015 JPMorgan Chase CEO Jamie Dimon told shareholders, "Silicon Valley is coming. There are hundreds of startups with a lot of brains and money working on various alternatives to traditional banking." Now it seems that the bank is adopting an "if you can't beat 'em, join 'em" mentality when it comes to FinTech......

What Entrepreneurs Need to Know About Taxes

Even though April seems pretty far off  from now there are already important tax-related deadlines for small business owners quickly approaching. For example W-2s for all of your employees must be sent out no later than January 31st. Even if you normally have an accountant or other tax professional prepare your business's return there are a few more things that you should know about your taxes. CBS Money Watch recently highlighted...