The Glory Days Of No Responsibilities

Do you ever think back to your college days? I don’t know about you, but I had it made. No care in the world, just go to class and have fun with friends. My financial responsibilities were zero because of amazing parents. All I had to do in return was behave and do well in school. Why didn’t I realize how good I had it at the time?

Financial Responsibility

My parents paid for my room and board as well as my living expenses. I had a car, food, insurance, etc. all covered. The only thing I was responsible for was my entertaining money. This included going out and shopping. I did my share of working to cover these costs. I worked during the summers at various jobs to save up for the school year. My favorite job was being a beer cart girl at a local golf course. It paid very well and it was fun. I loved being able to talk to everyone and just driving around the course on the nice days. Can’t beat it. I also had internships during the year to help build my resume and also help out my savings. I majored in finance so I was an assistant to a financial advisor. I’m glad I did this because it helped me learn what direction I wanted to move in within finance.

Social Responsibility

I was recently talking to my husband about this topic. I am not sure what my parents did, but I was a well behaved kid because I didn’t want to let them down. I had my share of fun, believe me, but I was pretty responsible. I remember my mom would always say “just remember, I’m always watching you”, and I literally would think about what my parents would think if I got caught doing something. Because of this, I did well academically and socially in college.

Why the stress?

I remember at the time I felt stressed. Stressed about what you ask, I have no idea? Most likely petty, insignificant things that seemed major at the time. I had friends during college that were responsible for everything on their own. One was even looking into car title loans to cover their food costs for the month. Now that is stress if you ask me.

So thank you mom and dad for both giving me an amazing college experience but also teaching me to be responsible with money and as a young adult. You did it right and I will be forever thankful.

Logbook Loans – How Do They Work?

You may be thinking about taking out a loan because of a financial crisis.  You are not alone right now, the world is in trouble, the economy is bad and many people are thinking of financial loans.  You need to do some research on Logbook Loans so that you have a broad understanding of what it means to take out a loan and the repercussions that are possible.

When you take out a loan it is super important that you think about the future.  Sure you are in debt now but you do not want to be in debt forever.  You need to sort out your financial crisis as quickly as you can and then be able to move forward, debt free.

It is crucial that you turn to the right loaning company for help and that you are fully aware of what you re doing.  Finances are the most important thing in your life and you need to deal with any loan correctly.  You need to do homework on the company, have full transparency and know what you are signing up for.

You also want the transaction to be seamless.  We have all gone through the frustration of bank bureaucracy where the paperwork is endless, the time spent is exhausting and at the end of the day you still don’t quite know what you’re doing.

Have a look at http://www.logbook-loans.net/, who turn loaning into a simple and easy process.  It is all about using your motor vehicle as security which means the only thing you need is a motor vehicle.   That is the first step.  Do you have a car? Yes. Then, go to the homepage of Logbook Loans and read about how you can turn your car into money, while keeping your car at the same time.  Logbook Loans have made the process incredibly simple and going through their site is self explanatory.

Logbook Loans work with the largest Logbook Lenders in the UK.  They will do the ground work for you and find the Lender that is best suited to monetising your car.  Logbook Lenders will find you the best loan and the loan at the best competitive rates.   You get money and you continue driving your motor vehicle.

The most important thing, apart from having a motor vehicle, is that the motor vehicle is yours.  You need to be able to prove that you are the registered owner of the vehicle and as such, have the correct paperwork.  You must be a citizen of the UK and over the age of eighteen.  Your vehicle must have been insured and taxed and you need to have the valid MOT certificate.  If you purchased your vehicle in the legitimate way, you will get a legitimate loan from Logbook Loans without any hassle.

Once you have provided the paperwork and shown that you have no money owing on the vehicle, or just a small amount of money owing on the vehicle, you will need to provide information on your earnings – a payslip or a bank statement.  If you are a freelancer and worried about how to do this, Logbook Loans will guide you. There are always ways.

That is the most important thing for you to know. Logbook Loans will work with you and guide you every step of the way so that you know  if you qualify for a loan how to apply for it, understand what it means and how you will pay back the money.

Remember, you keep your car at the same time!  It’s a very good deal.

Top Tips To Save Money On Office Supplies

Running an office is not a joke. It is a fact that a good amount of money is spent on office supplies. So depending upon the size of the office and the number of the employees, the number can easily be too high.

Businesses need money to stay alive and such expenses can easily kill the company. So it really becomes necessary to think and spend every penny when it comes to buying office supplies. So if you too are facing the same issues, then the following tips will help you to have control on your spending and stay within the budget.

Shop in bulk

There are certain items you need regularly to run the office like pens, printers, printing paper, toner, ink cartridges, etc. So it would be wise to buy them in bulk and store. Buying in bulk means you will be getting a better rate compared to the single unit price of the products. Moreover, most of the stores offer a decent discount when you buy in bulk. You can easily find such deals at Dealslands.co.uk.

Go generic

Ask yourself whether it is necessary to buy from brands? Most of the time it is not. The price of branded products is high as people recognize and know them. This does not mean that their products are always superior compared to the generic ones available in the market. On the other hand, the generic products are less known and so they are cheaper compared to the branded ones.

Look for best deals online

One of the best places to shop for office essentials is to go for online stores. With good competition out there in the market, it would be better to check for better deals there. You can compare the rates of the different retailers within a few seconds. Just make sure that you consider the shipping costs too when searching for a deal so that you are not duped by the numbers. Always use Discount codes and Voucher when shopping online for office supplies.

Keep an eye on employees

More than 90 per cent employees have admitted to the fact that they steal office supplies. This action is not intentional or to harm the office but, they end up doing so. When said so it does not mean that they go for pricey ones. They mostly take up pens or sticky notes or scissors or duct tape, etc. Even though the items are not that costly, they add up to the expenses at the end of the year.

Set rations

We have seen above that employees take up office supplies to home. To avoid such scenario and control the spending on office supplies it would be better to set rations. You can set an allowance for each employee and ask them to stay within the limit and only go beyond that if necessary. This will save a decent amount at the end of the year.

Keep track of the money flow

When running the business you are the only person responsible for the spending. How much money you have and how much you can spend solely depends on you. So for the same reason, it becomes necessary to track the expenses. Do you know how much money was spent last year on ink cartridges? If no then it is time you start knowing it.

Replenish the stock on time

It is a good habit to refill your office supply stock from time to time. If you come to know the products are out of stock you may be compelled to head to the nearest store and buy products at higher rates. On the contrary, if you know that stock is low you can place a bulk order and save good money.

Taking a few wise steps here and there is what you need. Be proactive and you will be able to run the office smoothly at less expenditure.

Tips To Start Your Small Business

Many individuals have a dream of starting their own business. I wanted to put together a list of tips for those of you who want to pursue this route to success. I am not an expert by any means but I do own my own small business so I have learned a few things along the way that could help guide you.

Set up

To start a business you first need to file the proper paperwork. You will need to register a Business name. In addition, there are various paperwork requirements depending on the legal structure you chose to operate as (i.e. partnership, LLC, corporation, etc.). A tax ID number will need to be obtained as well.

Structure

To be clear on your goals and how your business will operate, it is important to set up and create a business plan and brand. By coming up with this, it is a clear path for which you want your business to take. It is easier to be successful when you have a roadmap for which you are to follow. It helps you make business decisions along the way.

It is also important to come up with processes and procedures on how you want things done. The key to a successful business is organization and efficiency.

Staff

I can not stress enough how important it is to have the proper staff for your business. You can not do this alone. Your business will fail if you do not have the right people. From the start, it is important to look at your business as a whole and realize the parts and responsibilities that you can not handle and need help with. Every person who starts a business is good at one thing but can not be good at everything. A person who is good with computers and wants to start up a computer repair business may not be a good salesperson. A contractor who is good at building may not be a good accountant. There are various parts of a business that need to be covered so it is key to outsource!

Support

It is comforting to know that you are not alone. There are many small businesses out there and a lot of people willing to mentor and help.

There is a lot of help out there, including free resources to help you run your small business. These include Government websites , advice sites such as Startups.co.uk and Entrepreneur.com to name a few; and then there are people such as Trevor McClintock who writes great blog posts that offer people in the workplace environment some guidance. Blogs like this provide you with key advice on such topics as how to manage your employees and how to be an excellent leader.

Hopefully these quick tips encourage you to begin the process of taking the leap to starting your own small business.

When to Hold ‘Em, When to Fold ‘Em: Practical Investing Tips from a Poker Champion

While competitive poker and investing might be completely different worlds at first glance, one woman is on a mission to bridge the gap between the blinding lights of casino fervor and financial viability.

Annie Duke, a former professional poker player and one-time World Series of Poker champion, frequently shares the strategic and psychological parallels between winning poker players and successful investors at industry events for financial planners and advisors.  If her resumé as a master of the felt-topped table is not convincing enough for such a role, rest assured that Duke is no one trick pony.  She also spent time as a Ph.D. student in psychology at the esteemed University of Pennsylvania.

According to Duke, both poker and sound investing require the participant to make present-day decisions in anticipation of future outcomes.  Although the exact market dynamics and returns of years to come are always an unknown, developing a poker player mentality by learning common moves and patterns of play can be a great benefit to the investor.

Fortunately, it is easy to find help when staking out your financial future.  Professional financial advisors have local offices just a phone call or short drive away.  There are also a wealth of financial tools available online, ranging from monthly budget calculators to electronic stock trading platforms.

Not every poker hand is a winner, and neither is every investment.  Duke cites a concept in the poker world known as “tilt”-the tendency of a player to become frustrated and overly reactive when using a less than optimal strategy-as a condition for savvy investors to avoid.

Too often, investors develop emotional connections to an investment and unnecessarily cling to losing positions, or they fear reversing course on a previously made decision.  It is typically in investors’ best interest to cut their losses and regroup when an investment goes south without a clear path to recovery.

A professional financial advisor should be your first line of defense to identify and fix any underperforming investments in your portfolio.

Displaying the type of gutsy determination that made her a pioneer in women’s poker, a game that has seen a surge of resources encouraging female participation, Duke encourages investors to take calculated risks that maximize the value of their positions.

While some degree of risk is inherent in every investment, people tend to manage volatility by gunning for only small wins, and conversely, limit themselves to only small losses.  The psychology behind this method instills a false sense of success in the investor by shifting the focus from financial gains to mere “win” collecting.  Duke points out that optimizing returns on investments needs be the goal of investors, and a sensible, ironclad strategy should follow.

Duke may offer a number of tips and tricks on how to succeed in poker and investing, but she cannot account for every possible scenario.  No one can.  Great investors are those who understand probability, and who make timely, corrective adjustments when the markets behave unexpectedly.  Just beneath the surface of every stock plunge, market mishap, or untimely sell-off lies lessons learned and improvement opportunities for the investor who dares to seek.

As Duke’s brother, also a professional poker star, once advised her: “winners are comfortable admitting to themselves what they do not know.”

Easy to Follow Tips to Manage Your Debts

Being free from debts lets you live your life without any worries. You can make your savings grow and allocate the budget you need for the things you want to have, a new house, car, and travel opportunities. Freeing yourself from your debts all comes down to good management. Here are some debt management tips that can help you out:

1. List down your expenses.
Knowing how much you owe is not enough; you have to watch how much you are spending. Keeping track of your expenses lets you know whether you are making progress in reducing your debt or not. If reducing your primary expenses is not feasible, try focusing on your small expenses and see how much they add up to your overall expenses. In most cases, you will find that these expenses are not that important, which make it hard for you to pay up your debts.

2. Avoid impulse buying.
You can be susceptible to impulse buying. A simple visit to your favorite store may end up with an unnecessary expensive purchase. Hence, avoid temptation in the first place. Avoid places where you would usually feel that unreasonable urge to buy something. It can be an electronics store where you would be tempted to buy the latest cool gadgets you probably don’t need or that fashion store that has all the accessories that go with the current trends.

3. Choose a debt payment plan that suits you.
This can help you organize your payments. Some suggest paying off debts with the highest interest since it can help take off the mental pressure while others suggest settling smaller balances mainly for motivation. The choice is yours.

4. Be a bargain hunter.
While paying off your debts, it would help you if you would shop for bargains. It lets you get the items you need at a cheaper price. Also, be on the lookout for discount coupons; establishments usually offer them during peak season. Even though buying foods in bulk helps get discounts, it won’t help you save up money. Since buying in bulk means getting things that you won’t be eating for several days and even a few weeks. Stick to buying food items that you will be eating for the next few days.

5. Prioritize your savings.
It is recommended that you take at least six percent of your income and put it in your savings. Putting your money in your savings account not only prepares you for emergency expenses but also lets you earn money in savings interest. This may seem like a simple tip but only a few people actually do this.

6. Choose cash over the debit card.
Most people prefer to pay with their debit cards simply because you won’t have to go to the bank to withdraw money you will need or write checks. However, paying with debit cards (and also credit cards) make it hard for you to limit your purchase. Imagine yourself enjoying playing online slots and putting all your money in without you being aware of it. Paying with cash, on the other hand, lets you see, first hand, how much money you are letting go. This makes it easy to do some cash limiting and increase your savings.

Keep these tips in mind when managing your debts and expenses. You might want to refer to this guide every now and then to make sure you don’t miss anything. Following these tips will help boost your savings and make it easy for you to gradually get rid of your debts.

Trump Presidency And The Job Market

President-elect Donald Trump announced that he would run for president nearly 2 years ago. At that time, he promised he would be the best president for jobs that God had ever created. He campaigned on pledges to create more than 500,000 jobs each year, add 25 million jobs over the upcoming decade, and replace our present globalism policy that has moved wealth out of the United States. He said he would instead come up with a policy of Americanism. What does that mean for job hunters looking for VP finance jobs in Chicago or accounting jobs in Los Angeles? Under President-elect Trump’s new American system, will there be more finance jobs in the country, as well as finance jobs with better pay?

New Americanism

President-elect Trump stated that if we can reduce our taxes, get ride of destructive regulations, and tap into the treasure of energy in America, we will see no limit to the jobs that are created and the prosperity that goes around. A Moody’s Analytics’ June 2016 report, however, suggested a different future an American economy under Trump, and we may soon see the report’s predictions coming true. This report described the end of a Trump presidency with the U.S. left with an unemployment rate of 7% and 3.5 million jobs fewer.

Is a Long Recession Coming?

The research branch of Moody’s Analytics went on to say that under the exact scenario Trump laid out for his new America, if all proposed policies become law, our country would suffer from a long recession and our economy would be smaller at the end of his 4 terms than when he took the oath of office. Moody’s argues that Congress would water down Trump’s proposals and the economy wouldn’t suffer as much as it could otherwise, but it would be diminished nonetheless.

Robert Lawrence, Professor at Harvard Kennedy Business School, specializes in international finance and trade, and he says that ending outsourcing to boost America could be an issue under the Trump presidency. He notes Trump’s sports jackets, eyeglass frames, and cufflinks that were made in China. He points to Trump’s shirts that were sourced in Bangladesh. Lawrence wonders whether Trump truly has a plan to keep jobs in the country, and many others are in agreement with Lawrence.

For now, we have the present to work with, and the present scenario in our economy is that finance and accounting jobs are in high demand in the United States. Beacon Resources knows where those jobs are. We will help you find them, and find the good ones that show exceptional promise of long-term career jobs.