Some people say that objectives are no longer required in a resume—at best, they are unnecessary, and at worst, they are outdated. However, a resume objective that focuses on your skills and abilities can actually enhance your resume by convincing employers that you know what you want to do and that you have the skills needed for the job. What is a Resume Objective? A resume objective is a statement of your goals for employment, usually listed at the top of your resume....

Before getting into day trading, it’s crucial to understand how taxes affect your returns. With that knowledge, you can estimate your after-tax returns and avoid nasty surprises. How Are Day Trading Profits Taxed? The IRS treats most investments like stocks and bonds as capital assets. When you sell an investment for more than you originally paid, you have a capital gain, and that gain typically results in a capital gains tax....

Learn more about what’s included in an invoice, how they work, and how to invoice a customer. What Is a Sales Invoice? A sales invoice is a document sent to a purchaser by a product or service provider. It establishes an obligation on the part of the purchaser to pay and serves as proof of the debt. Invoices are essential for many businesses, but it’s virtually mandatory for any company dealing with a supply chain or offering services without payment needed upfront....

To print your own checks, you’ll need: Software for formatting checksCheck stock paper—paper with security features that keep your checks from being altered or copiedA printerMagnetic Ink Character Recognition (MICR) font to print the computer-friendly numbers at the bottom of each checkMagnetic ink Software for Printing Checks Designing your own checks requires special graphic design skills, and the checks have to be formatted just the right way. But check printing software does this work for you, and the software is relatively inexpensive—especially if you can spread the cost out over a high volume of checks....

How It Works The exact process for donating your credit card rewards depends on your credit card issuer. Most allow you to donate through a partner organization or directly through the rewards redemption section in your online account. For example, CharityChoice deducts the following fee from your donation: 5% administrative fee, 3% credit card processing fee, and a $.50 flat fee. Which Card Issuers Allow Point, Mile, or Cash-Back Donations? A few major credit card issuers allow you to donate your rewards either through a partner organization or through your rewards redemption portal....

In some cases, you don’t have to put your address on your resume, but there are reasons why you may—or may not—want to include it. In others, your address may be required. What you list on your resume as your address depends on the type of employer and position, where you live, if you plan on moving, your privacy concerns, and how you’re applying for jobs. Deciding Whether to Put Your Address on a Resume Some companies won’t consider applicants who don’t provide an address, or they may wonder what you are trying to hide, as a traditional resume typically lists your home address....

Still, there are plenty of reasons to keep cash in a savings account. These reasons are only increasing as competition from internet-based companies drives up interest rates and forces banks to offer new convenient features. If you haven’t opened a savings account yet, here are the best reasons you should consider doing so. Curb the Temptation To Spend A savings account forces you to separate a portion of your funds from your everyday spending money....

Another popular account is a traditional IRA, which allows you to contribute pre-tax dollars, and then pay taxes on your contributions and earnings when you withdraw the funds in retirement. With a traditional IRA, you’ll be required to withdraw a certain amount of money once you reach age 72, but a Roth IRA doesn’t have this requirement. While Roth IRAs have many advantages, they also have some limitations. Before you decide whether to open a Roth IRA, it’s important to fully understand what makes a Roth IRA a good retirement option—and when you might be better off with a different account....

Young investors have the great advantage of a longer time horizon to grow their investments. In this article, we’ll break down some simple advice for young investors from financial professionals, so you can put your money to work sooner. Why Should You Invest When You’re Young? When you’re young, you may not prioritize making an investing strategy for long-term goals. But the earlier you start investing, the more likely you are to be successful in reaching your goals....

What Is a Small Business Investment Company? A small business investment company is a privately owned and managed investment fund that is licensed, regulated, and backed by the SBA. SBICs use a combination of funds raised from private sources and money raised through the use of SBA guarantees to make equity and capital investments in small businesses. The SBA matches SBIC funds at the rate of $2 for every $1 the SBIC puts in....

The application deadline for the loans is now May 31, rather than March 31, and the Small Business Administration (SBA) will now have until June 30 to finish processing the loans, the White House said after President Joe Biden signed the PPP Extension Act of 2021 Tuesday. Biden said 90,000 businesses are still in line for these loans, and there’s still money on the table. “Without somebody signing this bill today, there are hundreds of thousands of people who could lose their jobs, and small and family businesses that might close forever,” Biden said at the bill signing ceremony....

No industry has seen a bigger percentage jump in hourly pay than leisure and hospitality, where workers are paid less on average than those in nearly any other type of job. The average hourly wage for hotel and restaurant workers and others in the sector jumped to $17.56 this March from $15.28 in March 2021, a 14.9% increase. And those workers are still somewhat ahead of where they were before the pandemic, even though inflation, running at 8....

The individual who grants the power of attorney and appoints the agent is referred to in legal terms as the “principal.” Timing Is Everything The authority granted to an attorney-in-fact is effective immediately in most powers of attorney. The attorney-in-fact can literally exercise the powers in the document as soon as it’s signed. The principal might not intend that the powers be exercised until some future point in time, however, usually when and if the principal should need help managing their affairs....

Alabama’s Federal Income Tax Deduction Alabama is one of two states that allow you to fully deduct your federal income taxes. The state allows both residents and non-residents to claim a deduction for any federal income tax you pay. If you’re a resident, you can deduct your full federal tax liability. If you’re a non-resident, you can only claim the deduction for any taxes on the income you earned in Alabama....

What Being Maxed Out Looks Like Let’s say you have a credit card with a $4,000 limit. If your balance is also $4,000, you’ve maxed out your credit card and you don’t have any room left to spend. Any fees or even monthly interest could push your balance beyond $4,000. Steps to Bounce Back From Being Maxed Out High credit card balances could be due to your own spending habits, i....

How Do You Want to Use Options in Your Portfolio? The primary goal for options traders is almost always making money. However, more experienced traders learn to appreciate that options can be used to obtain other desirable characteristics for their investment portfolios. For example, options can be used to: Manage risk: This is the principal rationale that many investors have for trading options. Yes, you still seek to earn profits, but options allow you to go after those profits with less risk of losing money on the trade....

About 8 million student loan borrowers will automatically have up to $10,000 of their federally-held student loan balances forgiven before payments resume in 2023 ($20,000 for those who went to school on Pell grants) because of President Joe Biden’s student loan forgiveness initiative. Loan payments haven’t been required since March 2020 as a pandemic relief measure. Student loan forgiveness will make a massive difference in the financial lives of millions of borrowers, canceling many loans outright and chopping monthly payments for many others....

Currently, origination fees on federal student loans range from just over 1% up to around 4.24% of the loan amount. It might not seem like much, but it adds up. The federal government collected $1.657 billion from origination fees paid in 2019-20 alone, according to the National Association of Student Aid Administrators (NASFAA). Unfortunately, the Student Loan Tax Elimination has yet to go anywhere—which means student loan origination fees are unlikely to go anywhere, either....

Succession laws provide for an order of relatives, from who gets to inherit first and who gets to inherit last. Anyone not mentioned on the list doesn’t inherit, and those who are third or fourth down the line typically only inherit if everyone ahead of them is also deceased. Spouses, Descendants, Parents, and Siblings Here’s what would happen under the Arizona intestacy laws if the deceased person were survived by a spouse and/or descendants, and/or parents, and/or siblings....

Convergence of Prices One of the primary reasons that futures markets work so well is they allow for the smooth convergence of derivative prices with prices in the physical markets. The convergence of the two prices occurs by the delivery mechanism that exists in the futures market. Although buyers and sellers of futures pay only a small, good-faith deposit in the form of initial margin, they are always at risk for the total contract value....