Archives: Finance

Tax laws for teens (yes, they exist)

June 5th, 20090 comments

When you’re young and starting a business, paying taxes is probably the last thing on your mind, if it’s in your radar at all. Most will be more concerned about capital, marketing, and day-to-day operations, which are enough of a headache as it is. However, as your earnings increase to nontrivial levels, taxes do inevitably [...]

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Avoiding credit card debt like a plague

October 24th, 20080 comments

Recently, I read an article on CNN about students leaving the US, not to go off on a holiday, but to flee from their creditors. On average, students graduate with over $2,000 in credit card debt, but in extreme cases this could balloon to $160,000. That’s pretty mind-boggling. It’s sad to know that some people [...]

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The A La Carte Method

July 27th, 20080 comments

Companies go to great lengths to convince you that paying for long subscriptions will save you money in the long run, and they may be right, but only if you take advantage of their products and services every single day. However, chances are, you can’t or you don’t maximize them, and that basically means wasted [...]

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Lending Money to Friends

April 29th, 20080 comments

So, you’re the big-shot (or medium-shot) college entrepreneur. Your friends notice your success and suddenly… they want to borrow money from you. What do you do? Let’s get this straight at the onset. First, the money you lend to anybody should always be disposable income; something you’d likely spend on something you don’t need. Second, [...]

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The Stock Market for College Entrepreneurs

April 9th, 20082 Comments

You’ve probably seen this scene on television dozens of times: large monitors high up the ceiling of a large room where there are so many computer terminals and people in business suits talking or shouting to each other. And you ought to know what that scene is. It’s the stock exchange – the typical visual [...]

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