For decades, the world has slowly been moving towards a cashless society. Most of us carry one or more credit cards with us at any time. We are always ready to pull out one of those cards and make the purchases that we want to make. It is easy and reliable for sure, but some ponder if there are still reasons to carry cash at all. The answer may still be yes. Continue reading
Many people today are living beyond their budget. Unfortunately, they don’t know how to interpret the signs that their spending habits are unhealthy and end up living in debts. The pressure to meet certain lifestyle standards are contributing significantly to this trend. L
iving beyond your budget can leave you financially and economically vulnerable in times of emergencies, and this is not a position in which you want to find yourself. Here is a comprehensive checklist of the warning signs that you are living beyond your budget and practical solutions to this challenge. Continue reading
Getting laid off is a devastating life event for anyone to have to bear. It is troubling for a variety of reasons, not the least of which is the fact that you still have to figure out how you are going to survive monetarily.
A large number of people live paycheck to paycheck. It is not a great way to live, but it is the reality of the lives of plenty of people. Given this, there are a few things worth taking a look at in terms of dealing with this situation.
Outsourcing some aspects of your business to outside contractors can be a smart way to grow your business without all the added complications that come with sourcing, hiring, training, equipping and managing new employees.
But many small businesses make some mistakes when hiring contractors.
For some, the problem is that they misunderstand the legal differences between contractors and employees, and this can lead them into all sorts of trouble with the Internal Revenue Service (IRS). Continue reading
When you find yourself wandering in the desert of unemployment, even a sniff of interest from ANY source can send your heart into joyful palpitations. The only thing that kills self-confidence deader than rejection is being unable to land an interview in the first place.
The bad news is that working for some companies might be worse than no job at all. You need to develop the skill of noticing the invisible red flags waving proudly throughout the “vetting” process. Whether it’s in the text of a job ad or in the midst of an interview, here’s how to save yourself a boatload of woe. Continue reading
There are a lot of myths and misconceptions about credit cards. Believing these myths can cause you to waste a lot of money. That is why it is important to separate the myths from the facts.
Myth: I do not Need a Credit Card
Fact: Many people believe that they do not need a credit card. They think that it is best to use a bank debit card, cash or prepaid card. You do not necessarily need a credit card, but there are a number of benefits that you can reap from having one. If you use your credit card responsibly, then you can increase your credit score. You can also get rewards when you use your credit card. Continue reading
Whether you’ve been renting for a few months or a few years, you may reach the point where you wonder about buying a place. You’ll have a place to call your very own, and instead of paying rent every month, you’ll be making a payment on a place you own.
Buying a home is a huge decision, and for most people, it’s the biggest purchase of their lives. Here are a few signs that you’re ready to go from renting to buying.
We all need to buy expensive things at one point in our lives. It could be something really expensive like a new house or a new car, or it could be a big ticket item like a complete home entertainment system. If you find it too difficult to save for something big, simply follow our suggestions below. These tips will definitely help you make that purchase in no time at all.
Over the last few decades, sociologists and behavioral psychologists have been conducting research into business success. Some of the most controversial research has been centered on the arguments framed by Malcolm Gladwell, a respected author whose thought-provoking book Outliers: The Story of Success suggests that luck has a lot to do with business success.
Unfortunately, Gladwell’s observation and research have been widely misunderstood. Gladwell chooses subjects who have experienced monumental success, people such as Bill Gates and Paul Allen, founders of Microsoft. It so happens that these two talented and hard-working individuals experienced a series of lucky breaks in their respected lives; however, they understood how to work those lucky breaks to their advantage. Continue reading
We have entered year of the fire rooster according to Chinese astrology. Whether you believe in astrology or not, your business can benefit from lessons the fire rooster has to teach us. Each animal of the Chinese zodiac calendar represents traits people want to embody and qualities that people struggle with. Here is a list of the main business finance lessons year of the rooster teaches: Continue reading