Being financially smart can mean a lot at many levels. Especially if we talk about wealth creation, being financial intelligence matters greatly. Whether or not you are able to manage your money affairs wisely, and whether you are capable of creating and generating the life you desire, it is important to know how to use your money properly.
However, the benefit of being financially savvy is not just being good with your finances. It is also the ability to thrive in an increasingly unsettling and chaotic world, and, ultimately, to being in the generative moment of anticipating certain possibilities.
Being financially intelligent means you are in charge of your finances instead of your money controlling you. The savvier you are, the less likely you will be swept along by the forces of change and the less generative you will be in your life. Those who don’t have the skill to be financially savvy often go through life making poor financial decisions and will inevitably end up with a far lower standard of living than was otherwise achievable.
Those who are smart with their money know how and where to invest their money. In addition to that, it is also about having good money behaviours, attitudes, habits, mindset, and outlooks you possess about money and finance that is applied to your daily life, as well as the priorities you choose to live by.
There are many benefits to being financially savvy but unfortunately many Australians did not have enough financial education during their schooling days. Thankfully creating wealth and being the master of your own finance is within your reach. It’s been done by many people before, and it is truly possible for each and every one of us if we choose to become financially savvy.
Having a job or any type of income source is essential. But as a mom, your main priority in life is still your family. So naturally, more moms than ever are eager to attain career flexibility and work autonomy. A modern mother might envision having the adequate amount of time to care of her children without the restraints of a job that frowns upon her family priorities.
Sure, all moms dream of being self-sufficient, financially secured and confident that her children and family are healthy and doing great – these are the things that can bring moms self fulfilment. But what does it take to have this kind of balance? The answer is “momtrepreneurship.”
Becoming your own boss can be an extremely delicate, challenging, complex, yet not impossible and truly rewarding. To become a momtrepreneur, you need to have high level of motivation. You have to be your own source of encouragement to get the work done each day.
In order to succeed in momtrepreneurship, you need to have the passion. You need to know what you actually love doing. . If your motivation is devoid of inspiration, there will be very little to fuel your goals and give them the momentum they’ll need to soar.
In addition, you also need have a plan. Just like anything under the sun, planning is crucial to success more especially in business. It allows you to create specific goals and determine how you will achieve them. So it’s essential that you’re able to put your plan on paper. When you write your goals, vision, and objectives, you are also creating a means of accountability.
Consistency is another key to becoming a successful momtrepreneur. You need to develop a consistent habit of doing the things that need to be done that pay off. Doing small things consistently will pay off big results in the long run.
There so many ways people can be happy. One possible factor which gives people happiness is how much money they make. Those who have higher incomes tend to feel more positive emotions focused on themselves. On the other hand, those who earn less take greater pleasure in their relationships with other people.
Can money really buy happiness? There is frequent talk about how much money it takes for someone to truly be happy. Actually, money is not the real key to happiness. However, you can definitely use your money to increase your happiness.
In other words, the key to real happiness is on knowing how and where to spend your money. Spending money wisely can boost the level of happiness.
We all want to use our money wisely. Sure, this statement sounds good in theory but putting it into practice is the real challenge. Spending is so easy to do, but saving for the rainy days is extremely difficult especially when your income level doesn’t match your lifestyle and the cost of living in your location.
If you want to get the most level of happiness out of your money, you need to take action today. Doing this quick, little action can have huge impact over time.
First, in order to be happy with what you have, you need to make a list of what you value; align your spending with your values. Take a moment to write down the things that are most important to you in life. This may include the security of your family, helping others, personal relationship or success of your business; but whatever your priority is, make sure that you’re spending your money on these things and not on the things out of your value system.
Being sick can be stressful especially when the illness is serious and you are experiencing financial problems. This can have the effect of making the sickness even worse. If left alone then it may have fatal consequences. Thus, it is very important to deal with it quickly even though this may be difficult given its complex nature.
Once a person finds out his or her illness, it can be incredibly emotional and traumatic. So, make sure to seek for kindness and support from family and friends. You can also look for support networks and community health organisations on your particular illness online. Don’t be afraid or shy to ask for help.
Illness can also lead to extreme stress, especially when it is serious. With your body addressing the threat in this way, it is in fact responding in a negative and inefficient way to the problem. One way to cope up with such kind of stress is by exercising and healthy diet even though it may be somewhat more difficult to follow at that time.
Sickness can be very costly. Sometimes lost income will result, made worse by the need for costly medical care whether or not the time of sickness and related treatment is covered by medical insurance. This is another source of stress with few places to turn for help.
Getting sick is not only stressful physically and mentally but financially as well. That is why it is helpful if you are able to get what you are entitled to. Know your rights at work. If you are employed, you have to check with your employer and determine how much paid sick leave you are entitled to. If you are insured, check your policies to see whether they would cover your bills or replace some of your income.
As a business owner, PR is important and keeping a good reputation is extremely challenging. All you need is just one hater that can spark off tons of other negative people showing. When a hater writes something on product or service review sites, it can spark off tons of other negative ones.
Imagine how a few words or lines can stop a potential customer from choosing you over others. It’s that one little rant online which means that that one customer would never visit you again.
Businesses that are in the professional services, food and catering service, hospitality and manufacturing industry are dependent on receiving some critical feedback from their customers. Always remember that there will always be a few tiny slips that would bring about that dreading frown upon your customer’s face regardless of how hard they try to make things perfect.
Fortunately, there is something you can do to reduce the amount of haters your business have. It is not guaranteed that everybody loves what you do, as there will always be some who’ll hate some thing about your brand.
To do this, you need to take action. You need to make sure that every customer that has bought your product or service, or have visited your premise (for hospitality businesses) are all happy and satisfied. If your services products aren’t up to the mark, at least make sure you give attention to their complaints and feedbacks.
Even the most experienced and top performing business can also get hated by some of their customers. Majority of these businesses have numerous transactions that were completed successfully, yet, there are cases when things do not go so smooth and problems arise down the road. In such cases it is essential to know how to deal with those haters.
Failure to ensure an adequate level of insurance cover for their business is one of the largest risks many companies – this is especially true of small business owners who may not have the resources to cope with the large financial losses which may be suffered for being uninsured.
Sad to say but majority of Australian small businesses these days are underinsured. As commercial insurance can be a somewhat dry and complicated topic, it is often overlooked by business owners eager to focus their efforts on lead generation, sales, customer service and production.
If your business is still underinsured, you should know that it is dangerous especially in these days. Also, claiming that you did now know anything about insurance and that you lacked the correct insurance cover will rarely stand up in a court of law, and you must therefore take the time to ensure you are knowledgeable of exactly what is included in your business insurance policy, and what has been omitted.
Never underestimate just how important the correct level of insurance coverage is to your business. Make sure that your company is adequately protected at all times, and ensuring sufficient insurance coverage is undoubtedly one of the largest measures you can take to achieving this.
Businesses nowadays are already realising the importance of good public relations and what it can actually do for the business. Otherwise, who loves to run a business that has a lot of haters? Who loves dealing with haters?
Having excellent Public Relations (PR) is so important to any kind or size of business. It can be used as trust factor. Consumers know that when you advertise your product or service on TV, radio, printed media, or online, you are trying to sell them something. But on the other hand, when they read a positive review of a product in a leading newspaper, then they are likely to accept it. That’s the advantage Public Relations holds – that’s the benefit of third party coverage.
Another importance of having good PR is you are able to tell your business’ story. When there is no one talking about your business, you risk someone else forming a false identity. And a bad reputation means no business at all.
Apart from using the traditional media, PR can also be made or broken online. With the advent of the internet and the popularity of social networking sites, businesses can promote their brand online. On the internet, information can be transmitted in just a second. But with that, it does not mean only the positive feedback about your brand is spread quickly, but also the negative ones. Hence, you need to build your online public relations as it can cent your message by bringing in the credibility factor.
For many business experts, managing employees is an art. Others will tell you that managing people is a skill. Meanwhile, however you look at employee management, it is essential skill that every owner and manager should have.
In Perth, you may observe that almost every organisation has a diverse workforce – it makes all kinds of employees to create an organisation. If you want to become a good manager, you need to understand the diversity of your workforce. If you acknowledge that all employees are not the same, and adopt flexibility in policies, you will find that rules motivate people for higher performance.
Normally, people share common interests, ideologies, principles, and practices. When rules adhere to generic issues, managing employees becomes easy. Hence you need to set standard rules to bring everybody under the same corporate philosophy. However, each individual has unique background, habits, talents, and preferences. It is not advisable to manage employees with a uniform rule that brushes aside individual requirements because it fails to recognise unique qualities of people.
When you are dealing with your employees, especially those that are difficult to deal, ensure you do so in a way that fits their personality. Adjusting to their personality is a smart move.
Setting up a business is a huge task. Small businesses have to bear huge expenses – they have to build the infrastructure, recruit the employees and manage other business activities. What’s the fastest way of raising money for your business idea? A business loan, but what kind of loan should you get and who should you get your loan from. There are many advantages in choosing a business loan.
Normally, new businessmen go to a popular bank for monetary support. However the loans are often rejected by several banks or other financial institutions. These businesses do not get always get financial assistance from the popular banks. Only few of them fulfil the pre-requisites for procuring these loans and become successful to obtain them at the right time.
There are some other options for obtaining a business loan aside from popular banks. Where you go for finance depends on how much you need to raise and how you set up your business. Sole proprietors and partners are liable for all the debts in a business venture, whereas with limited companies, the directors are liable only for the amount of debt they personally hold in the company.
A business loan can be used for: acquisition, expansion or renovation of premises, taking an interest in a professional partnership or business, injection of capital into a business, development finance, and debt consolidation.
According to United Nations environmental program forty nine million metric tonnes electronic waste alone is generated annually across the globe. Not to mention the other type of solid waste we generate from homes and commercial premises.
These high figures of electronic waste produced in the country can be very alarming and hazardous for the health of the people, plants and animals living over there. Thousands of mobile devices, computers, tablets and laptops and many other electronic devices every year are exchanged for a new one. Hence those electronic devices that are no longer used contribute to the alarming amount of electronic waste.
If you are looking for a cleaning company that can properly dispose your commercial E waste, read this post.
Recycling can be our solution to this problem. The idea of electronic recycling or E Recycling has been around few decades ago. The first and foremost benefit of recycling the electronics is that it is an environmental friendly process obviously. Secondly, E recycling can prevent electronic waste from being left untreated or dumped in the soil so that it will no longer leak poisonous gases which can cause major life threat to flora, fauna and people living in the locality. Finally, recycling your electronic devices save some resources and energy.