splitting the expenses?
828298
Add in your expenses.  Bid her good bye and good riddance!  Be glad she did not wait for it to become really successful!
40470
no, they are not actual items that can be either divided or sold for profit.  As is stated they have no value other then time off in the future!!  Only actual material items and monetary items (savings account, checking account, stocks, bonds, CD's, ect.) can be divided.  Generally those have to be sold and the profit split.
378795
not if you are looking at as a "deduction"\nit's a flat rate up to a ceiling, based on taxable gross income. best way to reduce it is, pretax deductions (401, pretax med insurance, fsa, etc)
891748
It will probably be a seperate bill. You should ask the landlord.
856046
absolutely not, unless i needed it for electricity or food or medical expenses. because:\n\n1) insanely high interest rates\n2) digging a deeper hole\n\nyour best bet is to cut back expenses temporarily that aren't absolutely essential (cell phone if you have a land line, downgrade cable packages or eliminate all together, stop eating out at fast food or restaurants, take public transportation, buy less expensive food, etc.). alternatively, buy less expensive christmas gifts. when your situation improves, then you can adjust accordingly.
978292
The link below has a redundancy calculator so he can work out what he will be entitled to, although the company may pay more.\nGood luck during this stressful time
683698
No.  You can only have one, but you can use a router to split the account.
1107631
An insurance company can do this.  Search the internet under "lump sum settlement".  Remember that this business can be a very shady one.  Talk to a tax guy, investment guy or accountant, to make sure that the reasons you are doing this are good ones.  Usually, it's a bad idea, but is sometimes a good idea.\n\nShop around.  A lot.  The amount you get could vary quite a bit, particularly if you are in relatively good health.
672516
Stop spending, cut your spending.\n\nPlan a budget, and save.
270337
Yes and yes. Get a part time job.Limit your spending.
181958
You may want to read the article "Balancing Part-Time Business with Full-Time Job" http://www.powerhomebiz.com/vol114/balancing.htm\n\nRegarding tax rates, unfortunately I don't think there is a way for you to separate the two. Even if you do an LLC, you will need to file a K1 form to reflect your business earnings.\n\nOne tax-saving measure you may consider is Self-Employed 401K. From the article "Self-Employed 401K: A Retirement and Tax Savings Tool for Small Businesses" http://www.powerhomebiz.com/vol149/401k.htm \n\n"The Self Employment 401(K) plan allows a self-employed individual or business owners with no employees other than a spouse to open and contribute to a Self-Employed 401(k) plan and receive a tax break from the contributions."\n\nIt would be best to consult with a financial/tax advisor to help you plan ways to control your taxes.
372625
You should do it by percentage.  You each put in the same percentage towards household bills.  This way it will be fair for the both of you - no one person pays more than the other.\n\n    For example, you put 6% of your take home pay and your parter puts 6% of their take home pay.
1038547
There is a web site http://money.cnn.com/pf/101/ that offers a calculator for helping to determine what amounts of income should go for different types of expenses.  Also on that page are articles on various matters such as "Investing in Stocks" and "Saving for College"
654088
you'll have to take it before a probate judge or seek legal counsel first. more than likely it will be set that the house be sold at market value and the money be split between yall,but if there is any outstanding debts they have to be paid first then what ever is left be split
104374
We have a joint account, and also a seperate account. The joint account is savings. He pays bills and rent, i pay everything else, and it works out even. (ofcourse if one is short we'll back them up, but it works out easier than checking up on the other all the time to ensure they are not spending the "our" money on silly things - ie video games)
921057
Breakeven! I would think that you need to figure out your fixed expenses to operate this business and calculate your breakeven point to cover at least your expenses.  i.e how many baskets you need to sell a month/week/day to pay for the business expenses...
465114
HI.  I think you're off to a great start so far!  You'd be surprised as to how many people don't ask themselves and each other those same questions before starting a partnership/business.  What you have to do is take those questions and form a business plan that answers all of them and any more you come up with along the way.  A business plan will help you decide how you will split money, costs, responsibilities, and so much more.  I often tell people who want to start their own business that a business plan is great to have, but the best part is in creating one.  During that creation process you and your partners will "forecast" your needs and expectations which will act as a valuable guide down the line.  This way, you have your plan in writing and there is less of a chance for a "he said/ she said" type of conflict typical of a business where everyone just jumped in without anyone knowing what belongs to who or who does what.  \nTo answer your question more directly, you and your friend decide how it all works.  You can go 50-50, for example.  Or you can go 25-75 too.  It all depends on how much risk you want to both share or not share for that matter.  Obviously, if you put in 75% of the money for everyday costs, I would expect you'd want 75% of the profits.  However, it doesn't always have to be that way.  You can put in 75% (for example) of the startup costs but decide to split the profits 50-50.  Another consideration is a "buy-out" clause.  Should one of you decide that you no longer want to be part of the business, the other should have the option to buy out his or her partner.  It's all up to you and your partner.  Just make sure to put it in writing (in a contract, formal or informal), signed by all parties involved, and a couple of witnesses.  Include your full names, the dates, and your business plan.  This will not only help keep track of everyone's job descriptions, but will protect you and your partner in the long run.    \nGood luck and I wish you success!