Stabilize Your Current Financial Situation First Before You Invest Part 3

Stabilize Your Current Financial Situation First Before You Invest Part 3

Now that you have looked at the consumer credit burden that you’ve been carrying, you have  a plan for paying down that debt, and being able to then use the money saved as an investment.

TAKE STOCK OF THE PRESENT, INVEST IN THE FUTURE

It doesn’t make sense to start investing funds if your bank balance is always running on empty, or you are struggling to pay your monthly bills.

Your investment dollars will be better spent to rectify the adverse financial issues that affect you each day, like credit card debt, for a better tomorrow.

Get yourself into good financial shape with a sound budget, and no debt or low debt, and THEN you will be able to enhance your financial situation with sound investments.

As we said in our article on investing basics, know where you are at present, and where you want to be in the future with your investing goals, so you can start mapping how you are going to get there.

While you are in the process of clearing up your present financial situation, start educating yourself about the various types of investments currently available, and their respective rates of return.

This way, once you are in a financially sound situation, you’ll be armed with the knowledge that you need to make equally sound investments in your future.

3 parts, 1065 words

Share

New research seems to show why winter is flu season

Here is some good news!

Researchers in the United States believe they have discovered why flu and other respiratory viruses are more prevalent in winter.

Flu can actually cause death, especially in children and the elderly, and of course, it can mutate into even more deadly strains.

But apparently the researchers from the National Institute of Child Health and Human Development (NICHD) say influenza viruses coat themselves in a fatty protein called HEMAGGLUTININ, that hardens and protects them in colder temperatures.

They suggest that this may be the reason why winter is the flu season.

It seems the fatty coating around the virus melts in the respiratory tract, allowing the virus to infect cells. Apparently it is this special fatty insulator which gives them an advantage in the cold temperatures of the winter.

When the influenza viruses are in a warm environment such in summer, they die quickly and are usually less able to infect more than one person.

The head of the research, Joshua Zimmerberg, says it is only in this liquid phase that the flu virus is capable of entering a cell to infect it.

It will be interesting to see how this affects the way we fight the flu now, whether the vaccines really are effective, or if some other way can be found to fight flu.

To read the full article on the flu, go here:
http://www.news-medical.net/?id=35829

Share

The Seven Deadly Sins That Lead to Debt

The Seven Deadly Sins That Lead to Debt is an interesting article by Sheyna Steiner that was published on  Wednesday, February 27, 2008 at bankrate.com and referenced in the Yahoo Finance section.

The premise is that the 7 Deadly sins lead us into debt, and create a hell for us not just in the afterlife, but in this life. Only my avoiding temptation can we get ourselves out of debt and direct our discretionary cash in the direction of worthwhile financial goals.

So, just to remind you, the 7 deadly sins are:

 
Envy

Pride

Sloth/laziness

Anger/Wrath

Greed

Gluttony

Lust

 
You can kind of catch the drift, can’t you. These motives provoke you into going over budget, running up credit card debt, and staying in that debt.

 My favorite part of the article is a truly giggle-worthy moment in which they point out that Americans spend an estimated  $10 billion to $13 billion on adult entertainment, mainly thanks to the internet, and that money could be better spent on retirement accounts!  They do have a point, but in our immediate gratification based society, I doubt they are going to want to interrupt their cycle of porn consumption or addiction to worry about their retirement!

 
Still, it is very useful article that should help you take a look at your own spending in a whole new way!

 http://finance.yahoo.com/banking-budgeting/article/104501/The-Seven-Deadly-Sins-That-Lead-to-Debt 

 235 words

 

Share

Asset Management and Human Resource Management

What is asset management? It is a business process and a decision making structure that covers various things in order to come up with cost effective investment decisions. For this to work, you need to practice good human resource management by hiring the right people with the right qualifications to get the job done.

This job falls to the human resources department as they are, after all, the ones in charge of hiring. In the past, the people who worked in this department simply gave the employees their paychecks. But that is not the only thing they should do. They are supposed to train and develop the employees so they feel that they are part of something bigger.

Psychology is important in choosing people for this department. You can’t afford opionated, judgmental people. You can’t afford bullies. You can’t afford sexual predators. And the list can be much longer, including alcoholics and drug abusers, etc. At this point someone might ask, “So who’s left?”

The professionals who are supposed to do this should see themselves as two things. First as a strategic partner and second, a agent for change. Strategic partner because without them, a company will not prosper. A changing agent because it is through them that the employees can become better individuals.

With that, you can say that human resource management is the bridge between the administration and the employee. For a company to practice true human asset management, their human resource department has to do the following:

First, they must have an active role in organizational planning. To make this happen, they must be given the power to dictate what is needed in the planning phase including the necessary resources.

The human resource department should be able to recruit employees that are best suited for the organization by being given a free hand as to how this will be achieved. This includes the selection process which involves the testing and the administering component.

Human asset management can only be effective if the human resource department is able to produce change. This is done by seeing what needs to be improved on in an employee and then coming up with programs that will help him or her to make the desired changes. This includes, of course, facilitating and overseeing the training. If this was never done before, it should be evaluated to see if there are any flaws to be avoided in the future.

Letís not forget the basics such as traditional personnel administration including administering wages and benefits, time management, employee cost management as well as employee performance review and appraisals.

Human asset management is serious business because how well the company does depends on the people they hire to fill various positions. If they hire someone and he or she is not qualified, problems will occur. Niether can you afford to reject a qualified person because of some minor personality quirk or Government efforts to blackball them. If the company has a high turnover, money is also wasted because of the time, training and money that were invested in that person.

To keep employees happy and motivated, they also have to come up with programs that will enhance their skills even if they should be tempted by offers from competitors.

Asset management is a combination of different things. These include cash, bonds, stocks, property and people. If you want your business to prosper, you must have an effective human resource management team in place that will take care of it. Otherwise, there will be problems within the organization. People will quit and when your competitors see that, this can be used to their advantage to the point that they may even take over your business.

Share

What to Do About Wedding Favors? Part 3

AFFORDABLE WEDDING FAVORS
One simple way to make wedding favors more affordable is to give a wedding favor of a single real or silk flower to each guest. If you are already planning to have floral centerpieces you can discuss your options with your florist beforehand.

You will likely be able to negotiate an affordable price for this favor because you are already purchasing your centerpieces from the florist. Selecting one flower used in the centerpiece and having your florist supply enough of these to give as favors is a really nice way to tie the centerpieces and the favors together.

Alternately you might want to give each of your guests an artificial version of one of the flowers used in your centerpiece. These can be rather inexpensive and can also serve as a lasting reminder of your wedding.

You can add to this by getting ribbon printed with your special day’s details on it, again in the matching colors of the floral arrangement or your wedding’s chosen colors, and have the ribbon printed by the yard for the flower favors, and for any special gifts you might want to give to your bridesmaids and groomsmen.

Another way to keep wedding favors more affordable is to discuss your options with a wedding favor distributors. Many of them likely have closeout items available as well as discount items. Closeout items are items which have been discontinued, but the distributor may have enough in stock for all of the guests at your wedding.

Wedding favor distributors might be willing to offer you a discount if you are purchasing a large number of favors.

For the moment, you just need to make up your mind. If no, no problem.

If you have decided to go with a wedding favor, pencil in a notional amount in your budget to cover all costs, unit price plus extras per person (say $5) and start setting that aside. (You might also want to add the price of the thank you cards and postage to your budget sheet while you are at it.)

In our further articles, we will be giving you more specifics on the kinds of wedding favors available, and how to choose the one that is right for you and your quests.
What to Do About Wedding Favors?

3 parts, 1180 words


Shop now at the #1 Wedding Favors website for all your wedding and shower favor needs.

Great prices, personalization, fast shipping:
MyWeddingFavors.com


Top-quality wedding favors and bridal shower favors


Share

Stabilize Your Current Financial Situation First Before You Invest Part 2

Stabilize Your Current Financial Situation First Before You Invest Part 2

Now that we have looked at our budget, we should be able to see where our money is going, and find some ways of stretching it to find extra cash to either pay off existing debt, or invest.

If you are like most American households, you’re probably carrying a fair amount of consumer debt, spread out in so many ways you probably think that it is either no big deal, a little bit here, a little bit there, or you’ve started to realize from your budget that all those little minimums are starting to add up to one big debt burden you’ll never get out from under. So, what can you do?

DEALING WITH CREDIT CARDS

High interest credit cards drain any discretionary income you have coming in. Cut them up and pay them off.

If you have high interest outstanding loans, pay them off as well.

Try to be savvy with the credit card companies. See if you can exchange the high interest credit card for one with lower interest. You can even approach your credit card company and tell them you have had a better offer. Ask if they are willing to match the APR, or at least lower your existing one substantially.

Otherwise, transfer your balances to the new card and cut up the old one once you know the transaction has gone through. Just be sure to keep up your payment/s with the existing credit card until you are sure that the balance transfer has gone through.

Do be careful, however, about cards with a low introductory rate. Make sure that you know when it is, and make a concerted effort to pay it off before that time, so you are not hit with an APR which in some case might be greater than the original.

Refinance high interest loans with loans that are lower interest. You may have to use some of your investment funds to take care of these matters, but in the long run, you will see that this is the wisest course of action.

Paying off the credit cards
Once again, look at all your monthly credit card statements.
Make a list of the APRs, and balances, and then start paying them off one at a time, starting with the biggest APR and the biggest balance.

Yes, you have a whole bunch of bills every month, but no, they are NOT all equal. the big APR and balance will cost you a lot more in the long run if you don’t nip it in the bud now.

And nip your impulsive spending habits as well.

If you do need a credit card for emergencies, carry the one with the lowest APR around with you, and again, write down everything you spend.

Also be very strict and careful with what you define as an ’emergency’: trust me, that new pair of jeans in the window on the corner is NOT it.

To continue reading this article, visit Stabilize Your Current Financial Situation First Before You Invest Part 3.

Share

Book Review: A Wild Pursuit by Eloisa James

1.0 out of 5 stars A hopeless muddle

This author was recommended to me by a romance editor for a big publishing house as an example of how to write a good romance. I will give you all the same reply I gave her as to why it is such a mediocre book.

The manuscipt is littered with errors right from the first page. There is no excuse for this with a spelling and grammar checker on most computers these days.

The first chapter is nothing more than pages and pages of exposition and background information dressed up as dialogue, with no sign of the main characters except as people to be gossiped about in the vaguest way.

Hero-male of species, Heroine-scandalous woman-but then they ALL are in this book so why do they care? They don’t. They flout convention, so there is nothing at stake.

When the hero and heroine meet, there is no heat, just a rather crude leering on the hero’s part. Then he decides to seduce secondary character Helene to play it safe, because she is married. Complete hypocrisy and lechery are not very worthy character traits in a hero.

We get reams of tedious info about Helene’s failed marriage, husband, husband’s mistress, her music, her husband’s career. In fact, we get the entire past sexual histories of all of the characters within the first 30 pages or so. Not subtle at all.

There is way too much internalization, especially for people who are not the main characters. The internal monologue is not delineated with italics, so we get long paragraphs that look hashed together.  We are not really interested in what they are supposed to be thinking and feeing because we are trying to find out about the main protagonists and how they meet and supposedly fall in love.  Someone should remind the author of this.

Even worse, Stephen suddenly wakes up at the age of 43 and decides to be married, wonders where the last ten years have gone, and decides he needs sex? Ludicrous. The author can’t write about men at all.

Why have such a panoply of characters and affairs? THREE! It only waters down the romance between the hero and heroine.  We want heat and passion, not a costume drama which is about as memorable as one of Rees’ White Elephant Operas.

This is also an absurd way of the author setting herself up for the next book with Rees and Helene-we need to care about the characters enough to see them through to the end, and while they are trying very hard to be witty and charming, I see nothing of interest in any of them.

Helene deciding an affair is a great idea after years of chastity is also absurd. Once again, these characters have nothing at stake, they just do as they will. They are financially independent, can do as they like. This was not the norm for the period at all, and destroys any tension she might have created. Where is the heroine in all of this? Lady Bea is a mere cipher.

Stephen is one note-Reform. The Tories were not interested in reform, so if he is Castlereagh’s most trusted man, this is utterly ridiculous. The little research that has been done is literally on the pages-an historical novelist should never show her corsets! One should introduce the historical detail as seamlessly as possible.

Everything lurches, with jarringly discordant and jerky notes like Helene’s waltz. I won’t even go into the whole age of the waltz debate which readers love to argue about, except to say that it is not some newfangled thing as they all make it out to be. Stephen as someone with little social life and experience of dancing is absurd for this time, period, especially given his single state and title.  He would have been expected to make a decent show of the social season, not act like a wallflower.

There is little setting woven into the book at all. I get the dressing room and the Rose Salon, the goat pasture, but no specifics, furniture, size of room, curtains upholstery, even a fireplace would be nice. Their dialogue is jarringly modern in places.

I hardly even get any details about what any of them are wearing, usually a bit interesting to at least take us out of endless plot and narrative. The setting is NOT integrated into the book in any meaningful way. The action, such as it is, could literally be taking place anywhere.

This pseudo-comedy of manners could take place at any period of time because the characters don’t give a fig about mores and they have no basis in society. They just live in their own little world apart from Stephen and his misplaced Radical sensibilities if he is a Tory.

The romance part of it: well, what can I say. When they finally do ‘it’ there is so much mention of the goat I thought I was going to get a bestial menage a trois. There was no heat or heart to the encounters between them, and there was no sequel to the scenes-they have sex, and then we get another domestic drama chapter.

He creeps into the room, douses her with water, and it just drones on to a very unexciting chapter end, with no follow up there either. I would have liked to see warmth, commitment, their affair advancing, their plans for the future. Them actually speaking to each other about something other than sex. They are like wind up toys jerking to their conclusion.

Instead of a real conversation, we get Bea proposing via Romeo and Juliet and the second ‘heroine’ via the Song of Solomon. Very unoriginal, it has all been done before, far better elsewhere, and the characters have so little to say for themselves they can’t even use their own words to woo each other?

Or the supposedly brazen hussy is suddenly coyly shy? We expect growth and development from really good characters, and consistency as well. They are consistently dull, but not much else.

The two epilogues are ridiculous as well. These people are not firmly fixed in their society or they would never so blithely court scandal.

None of them ever learn their lessons, they are just wilful, capricious and obey the dictates of their loins. I dread to think what will happen to Stephen and Bea when he starts to go impotent.

At best this is a mildly diverting book one can waste a few hours at the beach with, but in terms of capturing the Regency period, it is average to poor, and in terms of romance, it is poor.

1121 words

Share