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Linda Kagan of TravelStix on Motherhood Talk Radio – June 1, 2010

In April 2007, prior to embarking on a lengthy business trip to Miami and then Israel, Linda crafted a document that allowed the sitter taking care of her two children to have the legal authorization to care for them, as well as the proper information to ensure their safety.

This simple parent experience was the beginning of a vision leading to the launch of www.Forms4Travel.com in 2008 and www.iTravelStix.com in 2010, each of which are innovative web sites for parents and their children, grandparents, pet owners as well as a wide range of adult and teen sport adventurers and travelers.  The TravelStix™ blend today’s digital technology with the basic needs of travelers of every kind, destination and activity by making important travel and medical consent forms accessible and affordable, as well as easy to travel with in a safe and sleek design!

Linda’s background in the field of law set the stage for her current endeavor. In addition to Forms4Travel.com and iTravelStix.com, she presently runs Kagan Law in midtown Manhattan.  Over the last 17 years, she has been a corporate lawyer and solo practitioner focusing on many areas of business and corporate law as well as contract litigation, both while with well known law firms, including Jones Day and LeBoeuf, Lamb, Greene & MacRae, the Law Offices of Gordon Mehler PLLC and her own firm.

Linda resides in Manhattan with her two children Sophie and Alexander.  Their names were the inspiration for Solex Enterprises, LLC, the parent company of Forms4Travel.com and iTravelStix.com.  Linda juggles an active schedule combining her children’s activities, coaches her son’s basketball team, teaches a class in one of New York City’s wonderful middle schools, Columbia Secondary School and enjoys traveling with her family.

Motherhood Talk Radio is powered by Motherhood Incorporated, bringing you the most powerful voice in women’s issues today.  Motherhood Talk Radio airs on Toginet.com every Tuesday, 3 pm pst, 6 pm eastern.

Get a Grip on Your Green by Tracking Expenses by Sandra Beck, Motherhood Incorporated

 by Sandra Beck, Motherhood Incorporated

 

A good expense tracking system should be part of every mom’s repertoire, but this is even more important for a work-at-home mom.  Not only are you chief financial officer of your household, but you are also adding business expenses into the mix.  Here’s a quick look at a few methods to help you get a grasp on your green:money

 

Receipts

 

No matter what method you use to track your spending, receipts are a must to claim your business expenses as a tax deduction.  You can use your receipts to track your spending at the same time.  Keep all your receipts in one spot, and then set a date with yourself to review them at regular intervals.  Categorize each receipt based on the transaction type, and then enter the totals into a spreadsheet or financial planning software on your computer.

 

Calendar or Notebook

 

Write your expenses down on your calendar each day, or in a small notebook.  At the end of the month, tally everything up and categorize it as you see fit.  Record the results in a separate notebook or on your computer.  A computer will give you a leg up when you are ready to review your budget.  You can easily produce graphs and charts to compare your target budget with your actual spending.  Plus, there is less risk of losing your work when you back it up.

 

PDA

 

Most PDAs have an expense tracking program built-in.  If yours doesn’t, check the web for free software downloads.  Keep your PDA handy to easily record transactions throughout the day.  Assign your expenses a category and your monthly budget review will be a snap.  Don’t forget to backup often.

 

Check Register

 

If you use a check or debit card often, use your check register as an expense tracking tool.  Let your bank do some of the work for you.  You’re statements will make it easy to review your monthly spending.  Canceled checks will leave a nice paper trail, if you ever need one.  Be sure to record everything on the spot, especially debit card transactions.  These are more likely to get lost in the mix.  Balance your checkbook regularly, and you’ll be good to go.

 

Source:

 

(2009). What Tax Records to Keep.  Retrieved March, 10, 2009, from the Internal Revenue Service Website:  http://www.irs.gov/newsroom/article/0,,id=105111,00.html.

 

www.sandrabeck.com

www.motherhoodincorporated.com