Friday, October 12, 2012

Welcome to 2017/2018

Welcome to my BLOG. This year I am teaching six very different classes but they are still very much connected in the world of business. Practical/Business Law, Accounting, Advertising, E-Business/Web Site Design, Personal Finance and Office Software Applications are different disciplines but do overlap in many ways. The Business Department integrates real life business, legal and personal financial situations to each curriculum and applies these using current technologies, trends, laws and regulations. Students will have the resources available to help create and develop ideas, as well as, solve problems.

"Good timber does not grow with ease. The stronger the wind, the strong the trees."

Mr. Ball's Financial Tip of the Week - Over 60% of adults in the U.S. spend their tax refunds on larger than normal purchases. DON'T DO THAT!  If you have credit card debt, pay that off if your refund allows it. If there's refund money still left, increase your emergency fund.

 This refund is not a windfall, its money you already earned but was sent to the government because you overpaid your taxes.

 This year adjust your W-4 withholding so less Federal tax is deducted from your paycheck.Take that extra money and begin to invest it in a ROTH IRA for long-term growth, a 529 College Savings account or put into savings if you're planning a vacation or other purchase.

The bottom line is let your money work for you throughout the year instead of letting the Government hold your overpaid taxes without paying you interest.

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