The typical education curriculum generally leaves a disappointingly large amount to be desired when it comes to financial education.
The following things are some of the most important financial lessons that just aren’t taught in school, but should always be taken to heart.
Saving is more important than earning
Plenty of people love the idea of making lots of money, but one of the biggest financial lessons to learn is that it’s more important to focus on not losing money. Unnecessary spending is one of the biggest personal obstacles for people of all income levels, and so it is essential to learn how to set up a budget a precisely as possible. Continue reading
By MJ Plaster
Businesses go to great lengths to recruit the right employees for their workplaces, but that’s only half the battle. The first day on the job is often as unsettling for new employees as their first day of school was. They’re entering foreign territory, and they may feel like an interloper until they get their bearings. They’re hoping to blend in as quickly as possible—just like the new student who enters a new school in the middle of the year. Employers can help to make the new hire welcome and ease their transition into the workplace. And you don’t need us to tell you how important it is to have a happy workforce.
As your business starts to grow and expand, you might consider hiring an accountant. Depending on how badly you need one, you might be tempted to hire the first or second one you come across. However, this could be a critical mistake. Accountants play a vital role in your business, and any mistakes could be devastating.
Accounting mistakes could result in lost profits or legal trouble. Thus, it is important to ensure your potential accountant is reliable and dependable. Be sure to check their education, work history, and references. Continue reading
Small businesses are seeing a rise lately in a classic scam that like many others is designed to capitalize on well-intended kindness. The fraudsters are pretending to be deaf.fraudsters are pretending to be deaf.
The new year has arrived, and for many ambitious business owners, this means another year of setting new goals and working tirelessly to achieve them. If you’re a small business owner, you may be wondering what you can do specifically to achieve success in 2016. We’ve got some excellent New Year’s resolutions for small businesses, so you may want to consider pursuing some or even all of these for your company this year.
If you feel tired and demotivated in the first half of your day, you’re not as productive as the morning person in your workplace. Even worse, you may end up taking work home or working overtime as a result.
Thankfully, there’s no need to envy morning people because a change in your habits will lead to you feeling productive and energized in the morning as well. Here are six reasons that contribute to lack of productivity in the morning and what you can do to fix them. Continue reading
By Jurissa Ayala
With Christmas fast approaching, holiday parties and gift swap planning are in full swing. Whether yours is a traditional Yankee Swap, or white elephant gifts are the office’s favorite way to celebrate, you need a strategy. The following tips can make the season and the parties fun for everyone… even you!
As a teacher who has worked throughout the educational system I have witnessed the lack of financial instruction provided in our schools. The inadequate financial education that most young people receive, unfortunately, doesn’t always manifest itself until years down the road. Market Watch states that more than 60 percent of American adults have less than $1,000 in savings and no cash for emergencies. An insufficient understanding of basic money management principles is having a profound impact on the long term financial stability of millions of Americans. The following information discusses why financial classes are generally not being offered, the impact this is having on America’s financial practices, and solutions to this growing problem.
By MJ Plaster
Imagine a world without lightbulbs, cars, 747s, the Dallas Mavericks or Oprah’s media conglomerate. Instead of another tired rendition of “Bill Gates, the Great” or “Steve Jobs, the Luminary,” we’ll get the goods on five great American businesspeople who have left a lasting imprint on American culture and society.
25% of businesses that encounter a disaster—whether it be a fire or a lawsuit—never reopen their doors. It’s a sobering statistic, and one that should leave business owners questioning their own insurance coverage. Whether you run a small business or a large corporation, having business insurance is a must for protection and added peace of mind in the event of a disaster. Unfortunately, many business owners lack an understanding of this type of coverage and don’t know the first steps to protecting their own businesses.