Home Office Deductions

Home Office Deductions

​As tax season begins, we must ensure we claim all taxable expenses for our small and micro businesses. There is much confusion surrounding the Home Office deduction. What can freelancers and subcontractors claim for home office expenses? While it’s true that...
50/20/30 Budget Rule

50/20/30 Budget Rule

If you’re looking for a simple way to manage your money, you might want to try the 50/20/30 budget. A popular way to budget that divides your income into three categories: needs, wants, and savings. Here’s how it works: Look at three months of salary slips...
Closed Budget

Closed Budget

Last month we started our series on Budgeting with the easy envelope system. Today we look at a slightly more complicated method of budgeting using the closed budget. The premise behind the closed budget is that just because you got an increase doesn’t mean that...
Budgeting Power

Budgeting Power

Whether you run a business or are just trying to stretch your salary. Budgeting is a life skill that helps empower us. In today’s blog, I want to share some tips and give you power over your budget. It really doesn’t matter how much you earn, or what your...