Tag: income

Love marriage problem – Pros and cons of two income

Love marriage problem – Pros and cons of two income

Career
Love marriage problem - At some point, a career woman may also find the need to balance the demands of work and the family as traditionally the wife is responsible for most of the household and childcare responsibilities. Higher academic qualifications, excellent performance on the job and career advancement opportunities given by the company are some reasons that may have propelled the wife's career and income ahead of the husband's. Some men may view the wife's success as a reflection of their inadequacy to provide for the family and this becomes the beginning of love marriage problem. Career and Two-Income Marriage Defined In most industrialized countries, the traditional gender role attitudes and cultural norms which dictate that the husband is the breadwinner while the wi...
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 Simple Tips to Improve Cash Flow in a Business

3 Simple Tips to Improve Cash Flow in a Business

Business
A poor understanding of cash flow and poor management thereof has contributed to 82% of the business failures in the U.S. As one of the key business levers, the importance of good cash flow management cannot be understated. Once a business owner is able to determine where the cash flow problem takes place, it’s simply a cash injection away from progress. Here are a few simple ways to improve cash flow in a business. Free Up Unnecessary Spending As in households, the minute the cash flow gets a bit tight, the luxuries need to go. The same goes for businesses as well. One of the best ways to do this is to stop buying stock that sits on the floor for too long or has a high risk of spoilage. Once stock management is under control, it’s time to look at redundant equipment. Selling the
Achieving Financial Success: How to Straighten out Your Finances

Achieving Financial Success: How to Straighten out Your Finances

Finance
We all aspire for financial freedom. Money is a critical aspect of our lives. Over a third of American investors define financial success as being debt free. It is also defined as the ability to save money for long term goals like education and retirement. Financial hardships have a negative impart on our lives. Lack of money creates stress, anxiety and disagreements in our lives. In fact, it ruins marriages, tears families apart and keeps people from achieving their dreams. We all need to have money to live. How to achieve a financial breakthrough Achieving financial freedom involves taking several steps. You must change your financial habits, make good decisions about the resources you have and live positively. Regardless of your income or age it is critical to have a person...