A personal account involving informal transactions alone is capable of driving sanity out of our systems. As such, when it comes to finances of an established business, the job can get quite tricky. For the same reason, the existence of a business account for keeping all business related finances under one roof has become universal. Finance is only one part out of the million things to be taken care of in business. However, any little mess in this business account could lead to huge problems. For the sake of keeping it simple, the number of accounts that fall under a business account can be varied. According to the purpose the finance fulfills, various accounts like payable accounts receivable accounts and payroll accounts are created. The most important part of a business account is, however, a business checking account. Right from payment of bills, deduction of payrolls to deposition of sales is the concern of a business checking account. In the bigger picture, a business checking account could prove quite beneficial to the business as the bank is capable of providing significant funding to the business in its phase of expansion. While there are varied opinions about the necessity of a separate business checking account, it is highly advised to separate your personal transactions from those of your business, whether your business is operated from home or any scale higher. Do not hurry and go for the first bank that gives you an offer for setting up a business checking account. Analyze your needs and the budget you can afford. Make sure to opt for a business checking account after being thoroughly informed of all the available options.

A research states that 70% of people above the age of 65 require long-term care insurance for an average period of three years. People may get 80% of this long-term care at home. Besides home, the other places which fit the eligibility criteria are nursing homes, assisted living facilities, adult day care centers, and continuing care retirement communities. However, you must remember that a long-term care insurance policy differs and depends from one individual to another since their grand scheme of retirement planning and the importance they give to the policy may be different. The state of health and where you live also determines the cost and time period for which the policy is required. It is a must to consider inflation protection while planning for the policy, which will then determine whether you should go for a traditional one or a hybrid-link benefit policy. Traditional policies are generally ‘standalone’ and ‘pay-as-you-go’ ones in which premiums may be renewed for sure. They are affordable and are tailored as per the customer’s requirements. However, the advantage of hybrid ones is you need to pay the premium just once. Also, from the outset, customers may select the benefits such as the monthly amount and time period of the same. The policy may also be linked to extra insurance benefits such as an annuity or an already existing life insurance policy. It offers a money-back guarantee for sure, should a long-term care policy not be required anymore. As a result, an individual must know and be confident of what it is that are they looking for while finding and comparing long-term care insurance online quotes. There are chances that different insurance policies describe the same benefit to be gained in a different manner, perhaps for marketing purposes. For example, the inflation protection option that Genworth Financial provides is called Guaranteed Purchase Option, which is also known as Benefit Builder by John Hancock. Besides Genworth, the most reliable companies, when it comes to long-term care insurance quotes online, are Mutual of Omaha, Pacific Life, Lincoln Financial Group, One America, and Securian. There are websites that provide customers the knowledge as well as the options to compare quotes from different companies in different states free of cost. These websites also take into consideration your individual requirements so that the plans may be customized.

A lawn mower is one of the most important gardening tools, which helps to keep lawns in good shape all year round. However, it is imperative you choose a lawn mower that suits your and your lawn’s requirement in the best possible way. To help you do the same, here are some useful tips. Know your lawn size It is normal to feel tempted to buy big and fancy lawn mowers but you should not do so. Make sure you consider the size of your lawn and your entire property before buying one. For instance, you can go for a big riding lawn mower if you have a lot of space. While choosing a small-corded electric mower is wise if you have a small lawn. Consider the mower maintenance For making your lawn mower choice rewarding, you must consider its maintenance. It is good to go with tools that are easy to maintain. For example, you can go with lightweight lawn mowers whose blades are easy to sharpen. Additionally, you can choose electric mowers and cordless mowers that are easy to maintain. Reflect on the lawn’s slope While some lawns are flat and some have a little slope, others could have a prominent slope. When buying a mower for your lawn, you must consider this factor and should mention this to the sales person when making a purchase. The reason behind this is that not all lawn mowers are meant to handle slopes. The blades The blades of the lawn mower also require your attention when buying one for your lawn. You should try to pick a mower that has wider blades and a wider cutting width. Using such a lawn mower, you can finish the task at hand by putting in less time and effort. Attachments Lawn mowers usually come with diverse attachments and tools. You should have a look at the attachments and accessories beforehand so that you can choose the ones that suit your requirement in the best way. Lawn mowers, just like other tools or appliances, come in a variety of shapes and sizes. Therefore, you would need to keep a few things in mind when choosing a lawn mower so that it serves your purpose well.

Statistics have shown that millions of Americans carry more than two credit cards with an average balance of around $4,453. Splitting the credit card dues, be it Visa or MasterCard, may increase the opportunities of availing of reward points. However, failure to clear off the debts on a timely basis may lead to several bad debts. To avoid being submerged in bad debts or pay double-digit interests on multiple credit cards, it is recommended that the cardholders consolidate their debts on credit cards and pay off the debts with a single source. Such consolidation of credit card debts enables the cardholder to maintain a proper expense structure as well as reduce the complications of handling multiple credit card debts. Given below are four ways in which one can consolidate debts: Apply for balance transfer credit cards: On the successful payment of balance during the introductory period, the cardholder may benefit from paying less or no interest. Additional rewards and other benefits are also applicable depending on the plan chosen. However, failure to pay the balance during the introductory period may lead to deferred interest. It is also necessary for the cardholder to have an excellent credit score to benefit from the best balance transfer deals available. This will further help the cardholder to consolidate debts efficiently. Get a personal loan: The interest rate of a personal loan is considerably less as compared to the interest rate of a credit card. Moreover,  in the case of a personal loan, the period of payment may be extended for a longer term. The borrower’s credit score won't be affected, and he or she will be entitled to take multiple loans. However, it is important to note that a low credit score—typically below 600—may attract high interest rates. Borrow from a retirement account: Although this option should be considered as a last resort, it is one of the ways in which one can consolidate their debts. When an amount is borrowed, a fixed amount is deducted from the borrower’s account when the payment is due, making it easier for the borrower to pay off their debts. The lack of credit check makes this option accessible for individuals with low or bad credit scores as well. However, one should know that during the period of the loan taken from the retirement account, the person will not be able to quit his/her job, as it will incur penalties in the form of interests. Avail a home or car equity loan: Equity loans have a fixed amount and give a longer, but a fixed term, to repay the loan. These loans also have a fixed low-interest rate compared to credit cards. However, it is imperative to note that the borrower's home or car is held as a collateral. Hence, he/she is at the risk of losing their assets if they fail to repay the loan.

The 20s are an important time period in one's lives it's a time when you've begun earning or are pretty much into your first or second job, you have the spending power. However, handling money is not something all of us are equipped with and we need advice and tips lest we are left wanting later in our lives. Here are some well-worn money tips for your 20s: Negotiate your salary right: If you don't do this right, your earning potential for the rest of your career will be affected. Make the right connections and seek them out to vouch for you during evaluation. Be proactive and ask for a review six months into the job. This way you will know if you want to stick to the job or not or what else can be done to solve the bump along the way. Take advantage of your credit cards: Research and zero-in on a card that will give you rewards you actually benefit from. But that would mean that you would need to pay back in full every month. Balances that are untended to, can mean accumulating interest. So if planned well, you could be covered through the month without hassles and earning rewards like discount and gift card along the way! Avoid being fleeced on ATM fees: Avoid withdrawing money from ATMs other than your bank's ATM. Little costs tend to add up. Withdraw $20 every time you are paid. This will cover for some small and big expenses like meals, tips, paying the valet, etc. Even better, download an app that helps you track the right ATM easily. Start saving early: consider saving $100 a month in your twenties, so that you have more than a million by the time you are in your 60's. but you start saving only during your 30's you might end up with 50% less than that. Also, start early on a 401k, a Roth or an IRA and, with a good broker, it is never too late to put some money in the stocks. Save more: As long as you don't have a house to pay for or kids to raise, it isn't much to save 20% of your earnings. This will put you ahead when you want to buy that dream house or have kids who want to go to college. Also, avoid putting money in a stable fund and invest in an equity instead. An equity might seem like a risk, but a stable fund will not see you through inflation. Lastly, take charge, be accountable for everything you spend. Once you start noting everything you spend dollars on, you will easily be able to recognize the expenses that are simply a drain on your finances and the ones that are absolutely necessary.

The compact SUV have wedged themselves in-between the sedan and SUV category as they have tended to become a “crossover” of these two traditionally lauded types. The traditional compact SUVs are a big hit with the masses for the design and the comfortable driving experience they provide like an SUV and the elegance of a sedan in one package. Here are top reasons that make the compact SUV distinct as a winner: Style: The significant difference for standing out from a sedan and SUV is that the compact SUVs have the majestic look of a well-styled sedan both in the interior and the exterior and has the mechanical components close to a full-size SUV. The crossover term is an apt definition to describe the rugged yet chiseled look that the compact SUVs generate on visual appeal. Since beauty is the first captivating visual factor and performance is the quality factor, buyers can find a lot of these two in the compact SUVs that auto manufacturers are always bringing to date on their new launches in this category. Visibility: Having a good visibility over the front hood while steering is always a point for comfortable driving. The designing of the compact SUVs ensure that their high-raised seating position coupled with the high dimension help avoid too many blind spots, thereby leading to safer driving. Keeping the eyes on the road without hard-strained viewing in traffic gives the good vantage point for easy maneuvering. Safety: This is a primary criterion for concern while buying a car because while short drives may seem easy, staying in a car with well-engineered dynamics is what makes the car the best. The compact SUVs designed by auto-manufacturers have passed the safety tests from Insurance Institute for Highway Safety (IIHS) with excellent reports in most cases. Picking a reliable car is as important as the buyer’s driving skills. Other pro’s: Other best features in compact SUVs is that they can accommodate a large group of people, can tow heavy cargo, has good boot space, excellent ground clearance, and has off-roading capabilities.