TessMore Finance Blog

During this “Great Resignation” era when many workers are changing jobs or considering a job change, it is more important than ever to consider various types of employee benefits and their economic value. Also known as “fringe” (short for fringe benefits) or “perks.” employee benefits generally equal 25% to 50% of a worker’s gross pay. Thus, they are a key part of workers’ total compensation package. Purposes of employee benefits include: recruit and retain talented employees (e.g., total benefits package) enhance workers’ financial security and health (e.g., health insurance) improve employee morale (e.g., paid vacation) increase productivity (e.g., profit sharing) and human capital (e.g., educational benefits and training) improve an employer’s reputation as a good place to work for and do business with (e.g., flexible work hours) Get Matched With Lenders and Receive the Lowest Rate on Auto Loan Check Your Rate Below is a description of ten common employee benefits and b

When you first start doing business as a freelancer, there’s one big concern that seems to consume you: landing enough clients to generate decent income. Trust me – I remember those beginning stages all too well. But as you begin to get your name out there and gain a good reputation as a freelancer, finding clients and projects becomes easier and easier. Your income continues to increase and – if you’re lucky – you find yourself in a position where you have almost too much work to handle on your own. This is exactly where I’ve found myself lately. And while I know that there are plenty of newbie freelancers out there who are currently rolling their eyes and writing me off as nothing but fortunate, this situation can be just as much a curse as it is a blessing. You see, I’d like to see my income continue to grow. I’m young, and I don’t want to accept that I’ve already reached an income plateau in a career that I plan to be in 30-plus more years. However, there are only so many

Average Cost of Long-Term Care Insurance As a baseline, the average cost of long-term care insurance for a 55-year-old man and 55-year-old woman annually is $950 and $1,500 , respectively. When it comes to your financial future , there’s nothing more responsible than staying prepared for the unexpected — including budgeting for long-term care insurance. Nearly 70% of people over the age of 65 will need this type of aid in their remaining years, whether that means residing in a long-term care facility or having a live-in nurse help you with daily tasks.  Use this long-term health insurance cost guide to answer common questions such as: What is long-term care insurance? How much does long-term care insurance cost? What does long-term care insurance cover?  Here you’ll find average long-term care premiums and even information on how to secure a long-term care insurance policy that’s best for your wallet.  What Is Long-Term Care Insurance?  Long-term care insurance provides f

Are you looking for a financial app that can track your banking accounts, help you budget, and suggest ways to improve your finances? Monarch Money is a popular budgeting app that can monitor your financial progress and make it easier to plan for the future. For example, the app syncs to most bank accounts, lets you create unlimited budgets, and tracks your investments and net worth. This Monarch Money review covers the various financial tools available to you. Table of Contents What Is Monarch Money? How Monarch Money Works Monarch Money Pricing Free Premium Best Monarch Money Features Budget Financial Goals Investment Tracking Net Worth Tracker Joint Finances Personalized Advice Customized Charts Monarch Money Pros and Cons Pros Cons Alternatives to Monarch Money YNAB Mint Personal Capital Kubera Money Monarch FAQs Monarch Money Review: Final Thoughts What Is Monarch Money? Monarch Money is a budgeting app and net worth tracker. You can

I am obsessed with the film Everything Everywhere All at Once . From the moment I saw the trailer, I knew the movie was meant for me. I was right. The film's bizarre blend of action, philosophy, science fiction, taxes, and juvenile humor feels specifically targeted to me and my brain. For those unfamiliar, here's a quick plot synopsis. Evelyn and Waymond Wang own a laundromat. Their business is failing, their marriage is fracturing, and so is their relationship with Joy, their daughter. During a meeting with the IRS, Evelyn is visited by a version of her husband from a parallel universe. He says that the multiverse — all of the many parallel universes — is under attack from an evil being named Jobu Tupaki, and Evelyn is the only one who can save it. The rest of the film is about Evelyn overcoming her skepticism and discovering her true power (and Waymond's). This trailer pretty much nails the mood and theme of the film. If this preview intrigues you, you'll probably

Cryptocurrency will eventually become mainstream; it will be something that most people own. Cryptocurrency is still in its infancy: It is marked by extreme volatility, its regulatory environment continues to evolve, and it hasn’t made significant inroads as an alternate form of payment. Whether investors aren’t ready for crypto or crypto isn’t ready for them, crypto has a ways to go before it is widely used as an alternative to fiat money. Some investors are not interested in crypto’s use as an alternative to traditional forms of payment. They see cryptocurrency as an investment: as an asset they expect to see increase in value over time. An asset that serves well as an investment would not serve well as a means of payment. They’re exclusive goals. To serve well as an investment, an asset needs to routinely, and predictably, produce returns in excess of the rate of inflation, during periods of normal inflation. An asset that does this is not an asset an investor would want to use

I recently asked an entrepreneur what inspires her to show up every day ready to work, ready to invest and do whatever it takes to succeed, and she responded without hesitation: “financial freedom.” When I heard her answer, it brought me back to the moment I decided to 100 percent commit to being an entrepreneur and leave my corporate career. In my nine-to-five job, there were layers of bosses above me determining my earning potential, which was deduced by some black-box formula and presented to me in terms of benefits, an annual salary, and a bonus. The bonus was promised to meet a minimum but was also promised not to exceed a maximum regardless of my contribution to the goal.  That bothered me. I left corporate America for two reasons. First, I wanted to be in charge of my own financial destiny and let my hard work enable me to earn money without a cap. If I earned a small amount, that was on me. If I earned a large amount, that was on me too. Plus I could give back to my commu