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Tag: finance

Wealth solutions – Use economic indicators for investor’s edge

Wealth solutions – Use economic indicators for investor’s edge

Business
Wealth solutions - An excellent example of a guide or financial advisory consultant is “The Atlas of Economic Indicators,” by W. Stansbury Carnes and Stephen D. Slifer. It is loaded with visuals for simplification and available in paperback. Economic indicators are business-related data, published regularly by the government – items like personal income and consumption, the inflation rate, the unemployment rate or GDP - which taken together indicate how well or poorly the economy is doing. They can also suggest how well or poorly it will do in the future with respect to wealth solutions. Financial advisory consultant says when these indexes show investors their prior assumptions were wrong, the latter can adjust investment strategies. They can tune in to what is really happening ...
Better finance – money making hobbies

Better finance – money making hobbies

Finance
Better finance - With a difficult economy, many families are looking for ways to earn extra money from home to better finance their living. Using a hobby as a source of extra income takes advantage of one's passion and talents. Money making hobbies take many forms in better finance strategy. Many people miss the earning potential from their hobbies. Take Stock of Hobbies and Talents When looking for ways to earn extra money from home for better finance, take stock of skills, talents and hobbies. Make a list of hobbies that members of the family enjoy. The home business idea can involve the entire family. Do any of these hobbies hold the potential to earn money? Does the family member have strong enough skills in the hobby to make money and keep a hobby-based business running? ...
Marriage coaching for couples with financial problems

Marriage coaching for couples with financial problems

Lifestyle
In a December 2008 episode titled “Families under Fire,” Dr. Phil interviewed two couples whose marriages are under extreme strain due to financial matters. At the end of the segment, he shared specific marriage coaching strategies for improving marital relations during tough economic times. Dr. Phil’s Marriage Survival Guide for Tough Times Dr. Phil identified seven specific steps that couples can take to weather tough financial problems. Acknowledge and work the problem. Instead of getting angry, be honest and calm. Identify the problem and discuss what needs to be done to fix it. Marriage coaching strategies suggests to identify the stressors in your relationship. Don’t put blame on a spouse when the problem is really the economy and the couple’s particular situation. Plac...
Money management and good relationship for young couples

Money management and good relationship for young couples

Lifestyle
How do young adults manage money? How do you handle finances in a relationship? Every new relationship is full of hope and love. Unfortunately, these two are not enough to sustain a relationship. True, talking about money can be uncomfortable, especially for partners in a new relationship. But if both partners are in for the long haul, they do need to communicate clearly with each other about money management. The following suggestions may be useful for new, young couples to manage financial problems. Financial planning for newly married couples Very often, partners in a relationship do not share the same attitude towards spending, saving, budgeting and investing. And arguments revolving around financial issues can break a relationship quite easily. That’s why it’s important f...
Finding Accounting  And Book Keeping Options for your Business

Finding Accounting And Book Keeping Options for your Business

Business, Finance
When you work for yourself, you face many challenges that you really didn't think about. At first, you are caught up in your ability to make your own schedule, work from anywhere that you are, and not having to answer to anyone. Then reality sets in and you realize you are answering to every client's expectation. You have to manage your income in ways that tend to get confusing at times. There are so many things that keep coming up that you aren't prepared for. You just have to remember that you do have help. There are solutions to every problem that you may have. Finding An Accounting Option There are so many accounting options that when you start looking into them you can get so overwhelmed that you want to throw your hands in the air and walk away. What you need to do first i...
3 Things That Could Be Compromising Your Financial Flexibility

3 Things That Could Be Compromising Your Financial Flexibility

Finance
Many people live from paycheck to paycheck, finding it difficult to survive in general and discovering it’s impossible to pay for unforeseen expenses. If this sounds familiar, you may be able to exert greater control over your financial Flexibility. Achieving that goal is often possible once you understand the things that could be making it harder to manage your finances effectively. A Lower-Than-Average Salary   If you consistently work hard but find you hardly ever have enough income to pay the bills, it’s a good idea to do research and see if perhaps your employer is paying you less than it should for a hard day’s work. Determining that information could be difficult since people don’t usually like to discuss their salaries. Because of that reality, you may have troubl...