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Archive for the ‘Money’ Category

Have you often heard your friends or relatives talking about the gains they had made on their investments? And have you marveled at the ease and confidence with which they discuss the various investments they have made or are thinking of making? You too might have contemplated investing your savings but stopped short of doing so since you were not sure where to begin. You might have felt overwhelmed by the amount of information available about... Read More

Stephen Covey, the world famous author of “The 7 Habits of Highly Effective People” describes how in order to manage a business successfully, one needs to first manage oneself well. There are of course many benefits in being able to work in cohesion with your colleagues and employees – your business gains, you have financial gains and of course, you get a lot of personal satisfaction from your work. And yet, if you still tend... Read More

David was always careful with his money – he knew exactly what his income was and he used to make sure that his expenses would not exceed his income. In fact, every month he would set aside some of his savings which he would use for his yearly vacation. David also contributed some amount to his 401k though he was not sure of how it worked. Nevertheless, he thought his financial plans were clear and that he was on solid financial ground.... Read More

You have just started a company and believe that your product or services are already proving to be popular. Sales are up, customers are happy and you think that your business has made it. Well, not quite really. Your company will do well only till such a time that another new company comes along. If they have a product or service that is better than yours or they are able to market it better than you, you will soon find that new sales are down... Read More

Personal budget planning is not something that we look forward to – it requires us to face some grim realities and forces us to take some painful decisions. However, we cannot deny that budget planning is one of the most essential financial skills that we need to develop. And though we might find it difficult at first, understanding personal budget planning will have a positive impact on our financial future. Read More  Read More →

Jack Welch, the past Chairman and CEO of GE, has been very rightly hailed as one of the top business leaders of all times. He not only headed GE during tough days and then through a heady rise, but in the process, came up with some pioneering business strategies that few have been able to match till now. Much of Jack Welch’s leadership advise continues to resonate throughout the business world even today and by learning from this advise,... Read More

Very often families do not have enough income to cover the entire cost of their child’s college education and have to look at ways in which they can cover some of them – either through loans, scholarships or savings. While loans can turn out to be expensive, scholarships cannot be guaranteed. The only thing you can truly count on are your savings. In fact, if you do the calculations you will find that by saving a small amount every... Read More

You probably own a small business or are thinking of starting one. As is the case with all small businesses, chances are that you are the product designer, the marketing chief and the creative head all rolled into one. In which case, once your business is launched you are going to be spending a fair amount of time in coming up with innovate ideas to market your company. You know that you cannot compete with the big brand names with their mega-million... Read More

You may be completely aware of the importance of saving money for a rainy day. However, this may have never seemed so difficult as now when everyone is going through tough financial situations and the gap between income and expenses is nearly non-existent. And yet there is good news – with a bit of careful financial planning, you can manage to save money, even during recession. Read More  Read More →

A person in debt very often feels helpless and is at a loss about how to go about reducing the debt. To add to this confusion, the person will receive plenty of contradictory advice that only end up paralyzing him as far as taking any concrete action is concerned. Here is a simple five-step process that will help you start reducing your debt. Read More  Read More →