For Lenders: What You Should Know About Taxes and Personal Loans

By |August 22nd, 2017|

Today the Rules of Thumb blog would like to address the various tax implications when it comes to lending money as a personal loan. This type of transaction has a few very unique attributes when it comes to the way the IRS views it.
For Lenders: What You Should Know About Taxes and Personal Loans
Reporting […]

Key Investment Tips for the Small Business Owners

By |August 17th, 2017|

As the owner of a small business, it is a given that you are smart and confident. It takes guts to run a successful small business, and usually putting in a lot of hours to make your business become what you envision. This means you don’t have a lot of time to focus on […]

For Consumers: Assessing Your Spending to Prepare for a Baby

By |August 15th, 2017|


The news that you are expecting a baby is a joyous time. However, the reality is that this new addition to your family will also bring new financial implications. Along with the joy of being a parent, you’ll now have to take on the responsibility of financially providing for your now bigger family. There […]

How to Reduce Credit Risks and Employee Friction at Your Lending Institution

By |August 11th, 2017|

As the Rules of Thumb blog from MoneyThumb has stated repeatedly, when we find awesome information we want to curate and share, there is nothing like learning from the experts. The following article from Omega Performance, which we just discovered, is packed with valuable advice for all lenders and those who work at lending […]

Inventory Management Advice for Small Businesses

By |August 8th, 2017|

Any small business that has inventory realizes right off the bat the importance of effective and true real time inventory management. We have come a long, long way in the last few decades when it comes to ways small businesses manage their inventory. Everything is kept track off as sales are made, orders placed, […]

Personal Finance: How to Socialize and Still Save Money

By |August 4th, 2017|

Today on our Rules of Thumb blog from MoneyThumb we are going to take a different route from our usual posts and peek into a Reddit thread that is hot right now and getting hotter.

The title of the post is How Am I Supposed to Socialize and Still Save Money?

Isn’t that the ultimate question […]

The Specific Issues Faced by Credit Unions

By |August 1st, 2017|

Today at the Rules of Thumb blog from MoneyThumb, we would like to address a topic that is of special interest to credit unions. We know among our readers are many of you who work at and/or own so type of financial or personal interest in this type of banking establishment. What we have […]

Web Roundup: Best Accounting-Related Blog Posts for July 2017

By |July 28th, 2017|

It is a Friday, so we decided to share a laugh with our readers from the above cartoon. And also, since it is the end of the month, it is time for our regular monthly blog post naming what we feel are the best accounting-related blog posts for July 2017. As we have stated […]

Learn Accounting Online For Free

By |July 25th, 2017|

For those MoneyThumb blog readers who paid good money for education in accounting, the resource we found for people-especially students, small business owners, and bookkeepers-to be able to learn accounting totally free might not seem fair.

But in our age of technology and open source/sharing, freedom of information is one of the biggest perks to […]

The Advantages and Disadvantages of Accounting Partnerships

By |July 21st, 2017|

If you are an accountant in business for yourself, you may have thought more than once about obtaining a partner. Having a partner in any type of business has its pluses and minuses. To help you decide if its time for you to gain a partner for your accounting business, MoneyThumb has created the […]

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