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The Entrepreneur Salary: 5 Steps to Paying Yourself First

Being your own boss, bringing ideas to life, and hustling to hit goals are just some of the thrills of entrepreneurial pursuit.  And while it might be easy to picture yourself having your own business, getting it to prosper takes hard work and time. One way to factor in your success is to establish an entrepreneur salary . It’s worth mentioning that only 49 percent of entrepreneurs pay themselves a salary, and those who do make an average of $44,000 a year in the United States. If you want to maximize your earnings by paying yourself first, follow this guide to learn how much entrepreneurs make in each city, and what the steps are to building an entrepreneurship salary.   See Average U.S. Salaries   What Is the Salary of an Entrepreneur? The average entrepreneur salary in the United States is $44,000 , though salary can vary between $16,500 to $184,500 and depends on various factors including skills, experience, and location. As you gain more experience, your entrepreneur salar

9 Gifts That Will Be Impossible to Find Due to Supply Shortages

You’ve probably heard that holiday shopping will be a nightmare even the Grinch himself couldn’t dream up. Supply-chain troubles, shipping bottlenecks, and worker shortages will make it harder to find big-ticket items. Meanwhile, demand is up. Holiday shoppers expect to spend $785 on average this season, more than they planned on in both 2019 and 2020, according to market research company The NPD Group Inc. If you haven’t started your shopping yet, don’t panic. As long as you’re flexible, you’ll surely be able to find plenty of gifts. But if you have your heart set on buying one of these nine items, it’s time to start your hunt ASAP. 9 Gifts That Will Be Ridiculously Hard to Find This Year Here are nine gifts that are expected to be in short supply for the holidays. If someone you love has one of these items on their wish list, expect your options to be limited — and be prepared with a backup plan. 1. Gaming Consoles The 2021 holiday season is shaping up to be a disappointing one

How to Invest in Marijuana: Everything You Need to Know

Marijuana is big business. The once-shadowy industry has transformed into a highly commercialized and profitable sector, spanning biotech and research companies as well as marijuana growers and consumer retailers. By 2028, the global legal marijuana market is expected to reach $70.6 billion, according to a May 2021 report by Grand View Research . Buying into a burgeoning industry poised for moonshot growth is enough to make any investor’s mouth water. But the cannabis business isn’t like other cash crops. It’s still illegal at the federal level, which can make investing in marijuana stocks tricky. Marijuana investments involve risk — but is the potential upshot worth it? In this guide, we’ll explore the different types of marijuana companies, pros and cons of investing in the industry, top cannabis stocks and more. Current Marijuana Legislation in the United States States began legalizing medical marijuana more than 20 years ago. By October 2021, 35 states plus the District of

5 Ways ‘Poverty Mentality’ Is Ruining Your Financial Stability

Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners . You knew the https://tessmorefinance.blogspot.com/2021/12/what-is-fiat-currency-definition-how-it.html?m=1 from that internship or entry-level job would pay off someday, but did you ever think it could hurt you, as well? If you do anything long enough, it’ll become a habit. And those thrifty tricks we used to weather the rough stretches of road and everyday struggles can linger like rain clouds on the horizon, occasionally dampening the progress we make toward financial stability. The “poverty mentality” is a mindset that helps stretch our dollars and cents when they’re in short supply. No, it doesn’t mean you’re poor. But it could mean it’s time to rethink some of your financial habits. Those high-stakes moves you made to survive that period could hinder your financial gains, if they’re still in your life

What is Capital Asset Management?

Capital assets are the backbone of a business. These assets provide financial strength and opportunities to generate revenues. Capital asset management is critical for any business. It helps a business stay competitive and reduce its asset maintenance costs. That in turn can improve operational efficiency and profits of the business. Let us discuss some key aspects of capital asset management. Capital Asset – Definition A capital asset refers to an asset of a business that has a useful life of over one year and that is not held for sale by the business. Capital assets held by a business help in generating profits. However, these assets may or may not be directly involved in profit-generating activities. Common examples of capital assets include: Property, Plant, and Equipment Vehicles such as trucks, vans, cars, etc. Manufacturing or production machinery Office equipment such as computers, printers, scanners, etc. Classification of assets into capital and current assets de

Earn 7% Risk-Free on Your Savings With Government I Bonds

Forget high-yield savings accounts and CDs. If you want a nearly risk-free way to grow your cash, Uncle Sam has an attractive offer. The U.S. government announced a new 7.12% interest rate for Series I savings bonds from November 2021 through April 2022 — the second highest interest rate ever for these investments. That’s big news because Series I bonds— also known as inflation bonds or I bonds — are fetching a much higher return than other conservative investments , like high-yield savings accounts and bank certificates of deposit (CDs). For context, the best annual interest rate for a one-year CD is currently hovering around 0.65% to 0.75%, while the best five-year CDs only pay around 1.2% a year. At 7.12%, these bonds offer a rate about 12 times higher than what you’d currently earn from the best savings accounts. In fact, 7.12% is closer to the historical yearly average of the stock market — typically 10% — than current CD rates. And since I bonds are backed by the full fait

7 Online Shopping Hacks to Save Money

There’s no question that shopping online is more convenient than shopping in-store, but sometimes you pay for that convenience in the form of shipping charges. With the holidays coming up, that cost difference can add up fast. Thankfully, you can make up that difference by taking advantage of some tried-and-true online shopping hacks. Here are some of our favorite ways to save money when shopping online. Download Money-Saving Browser Extensions Rakuten, Capital One Shopping and Honey are some of the most popular browser extensions for saving money online. There are two ways that browser extensions can help: offering cash back on purchases and providing special coupon codes to save you money at checkout. Capital One Shopping provides cash back, coupon codes and even shows if you’re getting a good deal on an item. If not, the extension will show where you can find a cheaper version. When you download these browser extensions, they’ll pop up every time you visit an eligible site. For