The Blog Of TL Wall Accounting

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Being Financially Prepared In The Case Of Death

Almost nobody wants to discuss the topic of death, which also means no one wants to discuss money as it concerns death. Yet every day someone passes away and a family or business is suddenly struggling to survive, let alone succeed.

Admittedly it’s a hard topic to discuss, especially with elderly family members, and the younger you are the less inclined you are to even plan for eventuality, let alone talk about it. Still, deciding not to address this 800-pound gorilla will cause others a lot of grief.
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7 Things You Should Never Do To Your Accountant

Most articles concerning accountants offer advice on financial or tax issues. We’re not much different than the norm… until now. This time around we’re going to talk about what you should do for accountants… by not doing the 7 things we list below. Helping accountants help you; what a concept!

1. Never ask your accountant to lie for you

fake check

A common occurrence is having someone show up in an accountant’s office in some kind of financial trouble and offering all sorts of money for them to lie to whomever they’re in trouble with. This is a twofold problem for both the accountant and you.
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How To Negotiate Loan/Credit Card Payment Adjustments

Sometimes you find yourself having some trouble paying off some of your bills. The first rule of thumb is to take care of your personal needs first and then work on paying back your creditors. Certain things are paramount, like car insurance and mortgage/rent, which means you need to look at items like credit cards and loan payments to try to negotiate a lower payment rate.

expensive clothes

Before we get too far into that, you need to know that this should be your second to last line of action, which the last thing to think about being bankruptcy. You should consider these two points before you go down the negotiation road.
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3 Things To Know About Bankruptcy & Your Business

No one ever wants to think about bankruptcy, but it happens frequently. Whether it’s business or personal, sometimes it feels like it’s unavoidable. There’s a stigma attached to it although, strangely enough, rich people don’t feel as often as the rest of us.

Still, it’s something that needs to be addressed because it’s not the “end all” that it sounds like it can be… at least not across the board. We’re going to talk about 3 things we feel you should know and understand so that you’re armed with at least a little bit of knowledge if you believe it’s something you should consider.
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You Can’t Be Comfortable And Make Real Money

A couple of articles ago we talked about 7 easy ways to get comfortable with money. This time around we’re taking a different slant on the topic of comfort and money because it’s a totally different topic than the previous one.

Yellow Camaro

In this case, we’re talking to the people who say they want to make more money so they can do anything they want to and can live the life they want to live. Whenever most people are asked how much money they respond “enough to be comfortable.”
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