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Casual Articles - How to Manage Your Money & Avoid Living Paycheck to Paycheck
Does it makes sense to go solo as a consultant? Well depending on the work you do it sure might. You see going solo has lots of advantages and perks and you can choose your clients, generally command a higher rate and enjoy what you do because you are choosing when and where you work. There are huge advantages to becoming a solo professional and there are too some time issues you will have to over come.Time is the make or breaker for the solo professional consultant. Time can be your friend if you measure it and use it wisely or it can become your biggest nightmare if you do not manage it properly. A true solo professional is always thinking about time, how to use it more efficiently and how to get all the
Begin by figuring out your net paycheck and multiplying the number of checks you receive per year then divide by 12 (months in a year) or taking your annual net income and dividing it by 12 (months in a year).
For example:
If you are paid weekly $1200 then
Blogging, (for those of you in the Dark Ages- a (we)blog- n. an online journal that incorporates weblinks, reader commentary and archives of the owner/author’s posts. Can include photos or video) experienced a superboom from 2002-2005 and today’s technorati.com blogtracker shows 71.06 million blogs and counting. On Jan. 1st, 2004, Steve Garfield declared ‘The Year of the Videoblog’ and he proved to be an assured soothsayer. Video blogging, or vblogging, is the new media breakthrough within the latest presentation of web technology and interactive production and, in the case of the vlog, broadcasting.The Vlogosphere is filled with an equal amount of bizarre nonsense, biased and unbiased news, politics, sit c
Alarming Statistics
Over half of all Americans live paycheck to paycheck.
40% of Americans live beyond their means.
One-half of American households have accumulated less than $1,000 in “net financial assets”, the value of money in the bank, stocks, bonds and other securities after subtracting loans, credit card debts, and other secured debt
A majority of Americans in households with incomes of $35,000 or less believed that they are more likely to accumulate a $500,000 nest egg by winning a lottery or sweepstakes (40%) than by patiently saving and investing of relatively modest sums (30%).
- Project C.A.S.H.
How do you learn to handle your finances?
You spend such a great deal of time working to make money but most spend so little working on how to make that money work for you. Everyone should manage their money. The first step is Money 101: Create a Budget!
START MANAGING YOUR MONEY BY CREATING A BUDGET
1 – KNOW YOUR TRUE INCOME
Start with the basics. Identify how much money you make.
Begin by figuring out your net paycheck and multiplying the number of checks you receive per year then divide by 12 (months in a year) or taking your annual net income and dividing it by 12 (months in a year).
For example:
If you are paid weekly $1200 then y
Many years ago, there was a commercial in which an actor portraying Abraham Lincoln walks into a 'headhunters'(Employment Agency) office, sits down, and hands the agent the application. After looking it over for a few seconds, the man leans back in his chair and says to Lincoln, "well Lincoln, tell me a little about yourself"? Lincoln, with eyes cast down responds hesitatingly, "well, I've done a lot of reading, sort of on my own". The agent leans back in his chair, and then quickly leans forward and looks Lincoln directly in the eyes and says, "Look Lincoln, you know you're a smart guy, and I know you're a smart guy, but without that sheepskin, you ain't going nowhere fellow". It's the same with websites. You can
One-half of American households have accumulated less than $1,000 in “net financial assets”, the value of money in the bank, stocks, bonds and other securities after subtracting loans, credit card debts, and other secured debt
A majority of Americans in households with incomes of $35,000 or less believed that they are more likely to accumulate a $500,000 nest egg by winning a lottery or sweepstakes (40%) than by patiently saving and investing of relatively modest sums (30%).
- Project C.A.S.H.
How do you learn to handle your finances?
You spend such a great deal of time working to make money but most spend so little working on how to make that money work for you. Everyone should manage their money. The first step is Money 101: Create a Budget!
START MANAGING YOUR MONEY BY CREATING A BUDGET
1 – KNOW YOUR TRUE INCOME
Start with the basics. Identify how much money you make.
Begin by figuring out your net paycheck and multiplying the number of checks you receive per year then divide by 12 (months in a year) or taking your annual net income and dividing it by 12 (months in a year).
For example:
If you are paid weekly $1200 then
Business requirements are different from personal requirements. Although all businesses plan in advance and take good care of their financial requirements, but still situations arise when you need immediate funds and the planning goes awry. In such situations, you need quick financial solutions. Unsecured business loans do not require collateral and, therefore, drastically curtail the loan process. The whole time that is otherwise wasted in securing the loan with some property after valuing it becomes redundant. Thus, unsecured business loans provide you a quick way of financing your business expenses.As far availability of unsecured business loans are concerned, such loans can be availed by all business en
- Project C.A.S.H.
How do you learn to handle your finances?
You spend such a great deal of time working to make money but most spend so little working on how to make that money work for you. Everyone should manage their money. The first step is Money 101: Create a Budget!
START MANAGING YOUR MONEY BY CREATING A BUDGET
1 – KNOW YOUR TRUE INCOME
Start with the basics. Identify how much money you make.
Begin by figuring out your net paycheck and multiplying the number of checks you receive per year then divide by 12 (months in a year) or taking your annual net income and dividing it by 12 (months in a year).
For example:
If you are paid weekly $1200 then
The old saying that love makes you do the craziest things is absolutely true. But in the case of Melkon Khosrovian, love drove him to make vodka for the woman he loves. You see Melkon, who is of Armenian descent has traditionally enjoyed eating meals with his family, sipping vodka along with spicy grilled meats and Mediterranean salads.However, his wife Litty, who is of Indian (South Asian) descent, is a wine lover with a classical French cooking background. Unfortunately, she despised the taste and burn of straight liquor.So the enterprising Melkon concocted a few complex infused vodkas which contained flavors of fruits, spices and tea. Not only did Litty drink this love potion created with affect
START MANAGING YOUR MONEY BY CREATING A BUDGET
1 – KNOW YOUR TRUE INCOME
Start with the basics. Identify how much money you make.
Begin by figuring out your net paycheck and multiplying the number of checks you receive per year then divide by 12 (months in a year) or taking your annual net income and dividing it by 12 (months in a year).
For example:
If you are paid weekly $1200 then
Knowledge is power and is compulsory for every individual. These days, students are already burdened with their career anxieties. At such a crucial point of time, when their prime focus should be studies, financial crisis adds to their worries.There are many ways to fund your expenditures. These include scholarships etc. But, what about those, who have to manage their rent, expenses, books, entertainment on their own? The tertiary education is expensive and therefore everyone cannot afford it. Well, an apt solution can be education loans.You can even opt for some job, but that is not a very simple task. Some of the educational institutions are situated far away from employment opportunities. Even if
Begin by figuring out your net paycheck and multiplying the number of checks you receive per year then divide by 12 (months in a year) or taking your annual net income and dividing it by 12 (months in a year).
For example:
If you are paid weekly $1200 then your monthly income is
$1200 x 52 (weeks in a year) = $62,400 / 12 months = $5200 per month
2 – MAKE A VERY, VERY DETAIL BUDGET
What are your actual expenses? Take a look at how you are currently spending your money. By looking at your current spending habits you can identify areas where you need to modify spending. Some “necessities” are often luxuries we like to think of as necessities (morning coffee, dining out, new shoes for every new outfit, etc).
It is smart to evaluate your current spending and set goals that take into account your financial goals. Once you’ve set your budget, STICK TO IT and track your spending to make sure it stays within the guidelines you’ve established.
It is important to detail every standard monthly expenditure you have. Be realistic on how much you actually spend. Look at how much you spent last month these items and you may be surprised.
Here is a sample list of expenses:
EXPENSE #1
Savings - 10% of income (remember PAY YOURSELF FIRST!)
Household Expenses
Mortgage or Rent
Home Owners Association
Food
Groceries
Dining Out
Coffee/Tea
Lunches (kids)
Electric
Gas
Cable
Trash
Water/Sewer
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