Do you have a Health Savings Plan (HSA) through work? These are available to people whose health insurance is a high deductible plan – and can be a great short or long-term part of your plan. What’s so great about them?

Choosing your own clients. Setting your own hours. Insurance or private pay. Private practice enables therapists to meet the unprecedented need for mental health services while ensuring that your work is compensated on your own terms. But how do you figure out what a fair compensation structure looks like when you’re your own boss?

Being your own boss is a dream for many people. The flexibility to set your schedule, no supervisor to answer to, and freedom to do things the way you want to are compelling reasons to pursue self-employment. But one of the trade-offs that people make when leaving a job with a benefits package is that they must create—and pay for—those benefits on their own.

So you’ve hung out your shingle, gotten some clients, and gotten paid—now what? One of the most popular questions in our webinar series for self-employed professionals is about what to do with the dollars you earn. This article will walk you through how to correctly manage business cash flow. 

Recessions and market downturns are unsettling – the news is scary, and uncertainty is everywhere. This is when having experienced and knowledgeable people you can turn to for advice really pays off. Your financial advisor can be a valuable guide through the challenges of a recession because they are experts on your situation, and understand how to manage difficult economic cycles.