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The One Accounting Change That Could Make or Break Your Business

The Motley Fool

Similarly, if you're not an accountant but have a good head for numbers, you may be inclined to purchase accounting software and oversee your company's finances yourself. Not only is small business accounting a time-consuming task, but there are many nuances involved. Ask questions that include: What's your fee structure?

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How You Can Seamlessly Transition to a New Checking Account

The Motley Fool

Image source: The Motley Fool/Unsplash Changing your checking account can feel like a major upheaval, particularly if you've been with the same bank for a long time. Interestingly, consumers typically stick with their checking accounts for an average of 17 years. Here's a streamlined guide to help you switch banks without a hitch.

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Can You Keep Your Student Checking Account After Graduation?

The Motley Fool

Image source: Getty Images Student checking accounts are offered by many banks. Often, you can get a checking account that comes with special features, such as waived fees. This can make using a student account really attractive if you are earning your degree.

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The Top 5 Favorite Investments of Multimillionaires in Their 40s and Up

The Motley Fool

You can invest in stocks through a brokerage account, including individual retirement accounts (IRAs) that can save you money on taxes. Private equity funds often charge large fees. A popular fee structure is "2 and 20," where investors pay a 2% management fee and a 20% share of investment profits.

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The 5 Favorite Investments of Young Multimillionaires

The Motley Fool

Shares can be bought and sold through brokerage accounts, including individual retirement accounts (IRAs) that help you save on taxes. There can also be hefty fees involved. Private equity funds often use a "2 and 20" fee structure -- a 2% management fee and a 20% cut of any profits. Not necessarily.

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3 All-Too-Common Mistakes People Make at Costco That Cost Money

The Motley Fool

For many of us, a Costco shopping run is a major haul -- one that leads to a heaping shopping cart and a reasonably large credit card bill to follow, even when we account for the store's competitive prices. Image source: Upsplash/The Motley Fool Costco isn't one of those stores where you typically go to pick up one or two things.

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86% of Older Americans Credit Working With a Financial Advisor to Being Retirement Ready

The Motley Fool

But just as it can be a worthwhile investment to hire an accountant to do your taxes, getting help with retirement planning can be valuable. Remember, there are different fee structures financial advisors impose. As such, you may want to ask around for financial advisor recommendations.