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Increase Prices: Best Biz Advice

Submitted by Josh Patrick on Friday, February 12, 2016 - 9:00am

How long has it been since you evaluated your pricing strategy? If you feel your business is not as profitable as it should be, do a pricing test. It takes some courage, but you might be pleasantly surprised by the outcome.

One of my earliest mentoring clients had a very nice business, but the company just wasn’t making enough money. We spent time looking at the industry and found that my client underpriced his products by about 20%.

Debate: Rent vs. Buy

Submitted by Sheri Iannetta Cupo on Thursday, February 11, 2016 - 12:00pm

Spring is only 38 days away – a time for fresh starts and, for some, a new home. Before you head out to open houses, your first question should be: Should I own a home at this time? Your second: Or should I remain a renter?

Great Advisors are Coaches

Submitted by Rob O’Dell on Wednesday, February 10, 2016 - 12:00pm

What can we learn from a coach? Blocking, sprinting, striving. How to win or read, how to pierce an opponent’s defense or untangle our own portfolio. What makes someone able to teach and touch us forever?

In May 2015, Florida lost legendary high school track coach Jeff Sommer. He collapsed while at the Florida State High School Championships just as his girls relay team won the state championship. He was 58.

4 Simple Ways to Save

Submitted by Maureen Crimmins on Monday, February 8, 2016 - 12:00pm

Cutting your spending doesn’t mean you have to sacrifice a lot. There are savings out there if you just pay attention.

I watch a reality show called “Extreme Couponing,” in which shoppers collect coupons to drastically reduce their grocery bills. Most of the couponers have shelves full of food and groceries in the garage or pantry with savings amounting to thousands of dollars.

Waiting is Bad for Retirement

Submitted by Larry Frank on Monday, February 8, 2016 - 9:00am

Your time is a valuable resource you probably often overlook when it comes to another resource: money. We like to spend as much of both as we can today. Doing the math shows how and why it pays to invest as much as possible as early as possible.

What’s our cost tomorrow? Let’s say you want to save $200 per month and you start at age 25. What will you save by age 65?

Taxes and ID Theft-Critical Steps

Submitted by Sheri Iannetta Cupo on Thursday, February 4, 2016 - 12:00pm

Your letter from the Internal Revenue Service says a bogus tax return was already filed in your name. Or your electronically filed return bounces back because fake returns are already on file with your Social Security number (SSN). Surprise: You may be the victim of identity theft. What can you do?

Government and College $ Realities

Submitted by David John Marotta and Megan Russell on Thursday, February 4, 2016 - 9:00am

College is a good thing, but expensive. Unfortunately, federal rules make higher education even more costly and do little to improve its performance. The latest batch of government plans uses a carrot-and-stick approach that makes a bad situation even worse.

Advisor Check-Your Cash

Submitted by Anthony Glomski on Wednesday, February 3, 2016 - 12:00pm

So you sold your technology startup or enjoyed some other event that produced a lot of liquid assets (cash). Now you’ve got excess money to put to work or just enjoy, and engage a financial advisor to help you. But how do you keep your money safe? By asking your advisor some hard questions up front.