How Much Salary Should I Take From My S-Corp?

How much salary should I take from my S-Corp? A commonly touted strategy to set your S Corp salary is to split revenue between your salary and distributions – 60% as salary, 40% as distributions. Another common rule, dubbed the 50/50 Salary Rule is even simpler, with 50% of the business income paid in salary … Read more

How to Avoid Loan Sharks and Find Legitimate Lenders

How do I find loan sharks? Where can I find a loan shark online? It’s possible to find a loan shark on online forums like Reddit, 4chan, 8chan or even Quora. You can also find loan sharks offering cryptocurrency loans on crypto message boards and forums. Read more on www.finder.com If you find yourself in … Read more

What is the Minimum Down Payment for a Bike?

What is the minimum down payment for a bike? Minimum Down Payment Required for a Bike Loan. It ranges from 15-30%* of the two-wheeler value. Down payment solely depends on the cost of the bike and your repayment capacity. It is advisable to pay some amount as down payment for availing lower EMIs on bike … Read more

Avoiding the Amex Annual Fee: Tips and Tricks

How can I avoid paying Amex annual fee? Apply for the Amex financial relief program: If you’re having difficulty paying your annual fee due to unforeseen financial difficulty, apply for the financial relief program online or call Amex at (866) 703-4169. You could potentially have your annual fee waived. Read more on wallethub.com American Express … Read more

Is An ATM Passive Income? Explained

Is an ATM passive income? At an average of $2 to $3 per transaction, the machine becomes quite a passive income stream. You can earn thousands of dollars annually from service fees alone. Read more on efxfinancialservices.com Automated Teller Machines, or ATMs for short, are computerized devices that allow users to withdraw money from their … Read more

Gardening Your Credit: What It Means and How to Grow It

What does gardening mean in credit? Gardening your credit simply means that you are refraining from applying for new credit or taking any actions that might result in a hard inquiry. You’ve planted the seeds of new trade lines, now it’s time to water them and let them grow. Read more on www.myfico.com The practice … Read more

How to Avoid Monthly Fees with U.S. Bank: A Comprehensive Guide

How do I avoid monthly fees U.S. Bank? There are three ways to waive the monthly maintenance fee. Only one qualification needs to be met. Have combined monthly direct deposits totaling $1,000 or more. Keep an average account balance of $1,5001. Read more on www.usbank.com When looking for financial services, many people and companies turn … Read more

How Personal Shoppers Make Money: A Comprehensive Guide

How does personal shopper make money? Earnings. Personal shoppers bill their clients in different ways: they set a regular fee for services, charge a percentage of the sale, or charge an hourly rate. Personal shoppers employed by a department store are paid by the company, are paid on commission, or some combination of hourly wage … Read more

How to Choose the Right Loan Term for You

How do I choose a loan term? There are some basic things to consider and analyze before choosing the perfect loan for you. Loan term in years. Compare the different loan terms, and when possible, choose the shortest loan term available to you. Interest rate/Annual percentage rate (APR) Balloon payments. Total amount owed. Monthly payment. … Read more