Family discussing importance of estate planning

The Importance of Estate Planning for Families

Raising a young family can feel overwhelming with endless short-term responsibilities that may distract a lot of parents from planning for the future. One critical aspect that is often overlooked within working-class households is the importance of estate planning for your family’s financial security. Having this important document gives instructions on how you want your …

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What is Bad Debt?

Understanding Bad Debts Upon hearing about bad debt expense, the first thought that might come to mind is, aren’t all debts bad? However, they are an essential part of business. If your receivables are paid on an agreed-upon time and with interest, that is an example of good debt. However, if a customer cannot pay …

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