Last post, I advocated Home Business and Business Ownership. And, then, you said, "I am not interested in being involved with that stuff! I need a salary, I like working for other people."
Cool beans! We need people to have that focus and perspective. It keeps business healthy and competitive!
However, you need one and you're facing a lot of competition in your field and the job market is just downright fierce! Grwwwl!!
Okay, I have a few tips to share with you on getting yourself in front of an interviewer. Most of what you read will be links to other sites for more info as I haven't been on the path of job searching for a while.
We could agree the first thing you need is the killer resume even before you make the connection, right?
Here's a great site: "You Need A Better Resume" [This] is the first website that allows you to create an Internet-based, media-rich resume, build and manage an online career portfolio, and securely share professional qualifications with your customers, partners, employers and colleagues. It’s EASY, FUN and FREE!"
Is free good? I think so; if it's free, then it's for me!
And, another post for getting that resume you just created in front of someone, from Lifehacker: "Top Ten Tools for Landing a Better Job" by Kevin Purdy (Feb. 21, 2009)
"From the first Google search to the last interview, you can boost your odds at landing a better job with the right preparation. Here are our ten best tools and tips for job-seekers and career climbers."
There are other things you can do to connect with people like using "Facebook" connections and network through friends and associates. Twitter has a community and a follower/friend for people searching for positions and, there are all kinds of events and support groups to help you meet people and network.
I hope some of this helps someone with their search
Saturday, March 21, 2009
Need Another Income? Become A Business Owner!
It's the challenge of any economy, personal or global: where to generate enough money to pay for goods.
So, right now, in mainstream media, network marketing and MLM (multi-level marketing) opportunities have a new life! This is good for not only those in Home Businesses; it's great for the economy!
Here's just a few reasons why it's good for you:
1: You have an opportunity to earn income separate from your job. If something affects your salary, you have a back-up plan and if nothing happens, you have a spare tire to pump more cash into your future goals!
2: You can explore your passion for profit and interests and involve your family! Does your full time job allow you this freedom? If it does, that is wonderful! If not, you can use your skills and interests to build a legacy for your future and even pass it on to your children.
I have friends who love what they do in their job and build a business to fund their future!
3: This is a capitalistic society which rewards business ownership. The tax system in the US allows you greater options than regular wage-earners. It could change the amount of disposable income (cash you can use) you have available.
4: It makes the economy healthier to have people earning,spending and saving! Look at it this way...the more goods sold, the more times money exchanges hands, the more money companies have available to develop new technologies. It's the consumer that drives the markets.
I've been in my business for several years sharing my passion for building a business and helping other people build theirs. The opportunity to serve others while earning income for myself is one of the joys in my life. So much more fun than being a cubicle rat trying to reach the next promotion and hope a raise comes with it!
Robert Kiyosake, author of the "Rich Dad, Poor Dad" series of books, developed the Cash Flow Quadrant. The CFQ simplifies the transition from being the employee to becoming an investor. Having a system in place, allowing you to earn income, whether you are there or not, is the key to becoming financially secure.
Network Marketing/MLM is not about "getting rich quick". Rather, it is a way to better your lifestyle, provide you with more options, and possibly do something you always wanted to.
You can check out those opportunities, and, I can only speak for mine, online. Make sure you do your due diligence on whichever company you find interest in as you will have to make an investment in it. There are fees associated with most of the things we do in life; there are no free lunches.
However, contrasted with franchise ownership, "mom and pop" shops, restaurants and the like, these opportunities give you a greater potential for income, with more leverage of your time without the huge investment of capital.
These opportunities aren't for everyone. They are for you if you've ever said you want more:
More than you have now,
More than your current career will provide you or
You simply want to do something important to help other people
If you'd like to take a look at my business, you can check it out here: http://www.primerica.com/jlicurse. My business is helping people to understand the rules of money and to get more value for their income. You can leave a message there or you can email me directly: debtcure123@gmail.com.
I'd love to hear your comments!
TTFN~Jax
So, right now, in mainstream media, network marketing and MLM (multi-level marketing) opportunities have a new life! This is good for not only those in Home Businesses; it's great for the economy!
Here's just a few reasons why it's good for you:
1: You have an opportunity to earn income separate from your job. If something affects your salary, you have a back-up plan and if nothing happens, you have a spare tire to pump more cash into your future goals!
2: You can explore your passion for profit and interests and involve your family! Does your full time job allow you this freedom? If it does, that is wonderful! If not, you can use your skills and interests to build a legacy for your future and even pass it on to your children.
I have friends who love what they do in their job and build a business to fund their future!
3: This is a capitalistic society which rewards business ownership. The tax system in the US allows you greater options than regular wage-earners. It could change the amount of disposable income (cash you can use) you have available.
4: It makes the economy healthier to have people earning,spending and saving! Look at it this way...the more goods sold, the more times money exchanges hands, the more money companies have available to develop new technologies. It's the consumer that drives the markets.
I've been in my business for several years sharing my passion for building a business and helping other people build theirs. The opportunity to serve others while earning income for myself is one of the joys in my life. So much more fun than being a cubicle rat trying to reach the next promotion and hope a raise comes with it!
Robert Kiyosake, author of the "Rich Dad, Poor Dad" series of books, developed the Cash Flow Quadrant. The CFQ simplifies the transition from being the employee to becoming an investor. Having a system in place, allowing you to earn income, whether you are there or not, is the key to becoming financially secure.
Network Marketing/MLM is not about "getting rich quick". Rather, it is a way to better your lifestyle, provide you with more options, and possibly do something you always wanted to.
You can check out those opportunities, and, I can only speak for mine, online. Make sure you do your due diligence on whichever company you find interest in as you will have to make an investment in it. There are fees associated with most of the things we do in life; there are no free lunches.
However, contrasted with franchise ownership, "mom and pop" shops, restaurants and the like, these opportunities give you a greater potential for income, with more leverage of your time without the huge investment of capital.
These opportunities aren't for everyone. They are for you if you've ever said you want more:
More than you have now,
More than your current career will provide you or
You simply want to do something important to help other people
If you'd like to take a look at my business, you can check it out here: http://www.primerica.com/jlicurse. My business is helping people to understand the rules of money and to get more value for their income. You can leave a message there or you can email me directly: debtcure123@gmail.com.
I'd love to hear your comments!
TTFN~Jax
Wednesday, March 18, 2009
Congress is OK with spending your money...but not theirs!
Hmm...You're a business owner/entrepreneur working hard to provide a future for your family. How do you feel about that? I'll tell you from my point of view, it doesn't give me the warm fuzzies.
I'm kind of practical about money, no mirrors, no smoke, no BS. Just plain, simple organization now when I have time before the next tax return or tax payment is due. So, with this in mind, Spring 2009 is the best time for all of us to put together a solid plan to take advantage of the tax benefits. You'll have this year's info fresh on the things you can or would like to do better.
The point is to help you to put together a plan to identify ways in which you can save and benefit on your next return starting now with strategies that will pay off later as well.
Most of us took a hit in the market in retirement accounts, however, don't give up on the market! It's still going strong and the dollar is picking up strength. Now is the time to take advantage of the pretty nice discounts on Wall Street. Just be careful of what you choose. Get yourself a financial adviser and a team of professionals so you leverage your time wisely to make your first cool million! I can suggest an awesome and extremely cost effective way when you leave an email for me at http://www.primerica.com/jlicurse with your request for more information.
Please don't ignore the basic foundation of your life and your family. Just because you might today have a full-time income and an income stream from your business doesn't guarantee this will always be the case. Which means you may not have the benefits from an employer in the event of an unfortunate event.
So two questions:
-- Are you aware of how much cash you need to help you if you lose your position?
-- Are you aware of your family's income needs in case your income is lost due to death?
You will also need to protect those assets and wealth you've accumulated if you get ill and need to have nursing care or rehabilitative care.
Have you prepared for any kind of legal protection either personally or professionally? You may need to consider all these things as part of your plan for a comfortable future. But if you're giving all your cash to the government, you will have less to invest on your family's future!
Feel free to email me: debtcure123@gmail.com and ask any question you have. I can refer you to someone near your location to consult and with no fee. Remember, Together Everyone Achieves More!
TTFN! and Thanks for stopping by!
Jax
I'm kind of practical about money, no mirrors, no smoke, no BS. Just plain, simple organization now when I have time before the next tax return or tax payment is due. So, with this in mind, Spring 2009 is the best time for all of us to put together a solid plan to take advantage of the tax benefits. You'll have this year's info fresh on the things you can or would like to do better.
The point is to help you to put together a plan to identify ways in which you can save and benefit on your next return starting now with strategies that will pay off later as well.
Most of us took a hit in the market in retirement accounts, however, don't give up on the market! It's still going strong and the dollar is picking up strength. Now is the time to take advantage of the pretty nice discounts on Wall Street. Just be careful of what you choose. Get yourself a financial adviser and a team of professionals so you leverage your time wisely to make your first cool million! I can suggest an awesome and extremely cost effective way when you leave an email for me at http://www.primerica.com/jlicurse with your request for more information.
Please don't ignore the basic foundation of your life and your family. Just because you might today have a full-time income and an income stream from your business doesn't guarantee this will always be the case. Which means you may not have the benefits from an employer in the event of an unfortunate event.
So two questions:
-- Are you aware of how much cash you need to help you if you lose your position?
-- Are you aware of your family's income needs in case your income is lost due to death?
You will also need to protect those assets and wealth you've accumulated if you get ill and need to have nursing care or rehabilitative care.
Have you prepared for any kind of legal protection either personally or professionally? You may need to consider all these things as part of your plan for a comfortable future. But if you're giving all your cash to the government, you will have less to invest on your family's future!
Feel free to email me: debtcure123@gmail.com and ask any question you have. I can refer you to someone near your location to consult and with no fee. Remember, Together Everyone Achieves More!
TTFN! and Thanks for stopping by!
Jax
Monday, March 9, 2009
What We See Depends Mainly On What We Look For
Getting the Best Financial Coach on Your Team!
"What we see depends mainly on what we look for." M. Sloane, PhD
Yes, it is a strange way to start a blog post laying out some basics for finding your financial adviser, however, pretty appropriate when you take a look at what you want to change in your present. If your primary business is not financial services, you can better leverage your time by utilizing someone trained to coach you in your finances while you do what is most necessary to earn income. Sort of like going to the gym and trying to figure out where to start...You need a personal trainer to help you get the best results!
Just what do you need to know to make sure you have the right financial coach? A note here: the right person is a coach helping you and supporting to achieve the best result based on your needs, expectations and goals for your future!
You are a team working for you to help make the right decisions. You must be part of the process since it is your future we're talking about, ok?
The basics you look for should be on the following list, however, there are other more specific areas you should address when you sit down with them.
6 Basics for Choosing Your Financial Adviser
1 - The best way to determine the right person for you is on a referral from people you trust. The financial adviser's credibility relies upon the work they have done with someone who is influential in your life.
2 - Ask questions! If you don't ask questions, it is more difficult for them to fit the solution to your needs. If they don't understand your needs and goals, interview another until you do.
3 - Will they prepare a comprehensive plan for you, how much will it cost you and what is the process to implement the recommendations? It could cost you to obtain the plan, to implement the recommendations or to even to consult with the adviser.
4 - What is the level of transparency of the financial adviser? Do they give you full disclosure of all the services and products they offer you? Can you do due diligence of the company and check their track record through independent sources?
You want to be comfortable that the company has a reputation of note and you are able to contact someone to verify accounts.
5 - Make sure their specialty and your needs are the same! Every adviser doesn't have services in every area - ie, insurance, investments, mortgages, trust planning, etc. Get one that can serve as many of your needs as possible.
6 - Are you willing to take advice from this person whose job it is to coach you on your finances? No financial adviser can coach you well if you are not ready to take action or are resistant to change. We want our clients to be our friends and trust that we have your best interest at heart.
So these are just a few ideas to start off your search for the right person and right results.
I am always available to answer your questions if you need more help!
TTFN~
Jax
"What we see depends mainly on what we look for." M. Sloane, PhD
Yes, it is a strange way to start a blog post laying out some basics for finding your financial adviser, however, pretty appropriate when you take a look at what you want to change in your present. If your primary business is not financial services, you can better leverage your time by utilizing someone trained to coach you in your finances while you do what is most necessary to earn income. Sort of like going to the gym and trying to figure out where to start...You need a personal trainer to help you get the best results!
Just what do you need to know to make sure you have the right financial coach? A note here: the right person is a coach helping you and supporting to achieve the best result based on your needs, expectations and goals for your future!
You are a team working for you to help make the right decisions. You must be part of the process since it is your future we're talking about, ok?
The basics you look for should be on the following list, however, there are other more specific areas you should address when you sit down with them.
6 Basics for Choosing Your Financial Adviser
1 - The best way to determine the right person for you is on a referral from people you trust. The financial adviser's credibility relies upon the work they have done with someone who is influential in your life.
2 - Ask questions! If you don't ask questions, it is more difficult for them to fit the solution to your needs. If they don't understand your needs and goals, interview another until you do.
3 - Will they prepare a comprehensive plan for you, how much will it cost you and what is the process to implement the recommendations? It could cost you to obtain the plan, to implement the recommendations or to even to consult with the adviser.
4 - What is the level of transparency of the financial adviser? Do they give you full disclosure of all the services and products they offer you? Can you do due diligence of the company and check their track record through independent sources?
You want to be comfortable that the company has a reputation of note and you are able to contact someone to verify accounts.
5 - Make sure their specialty and your needs are the same! Every adviser doesn't have services in every area - ie, insurance, investments, mortgages, trust planning, etc. Get one that can serve as many of your needs as possible.
6 - Are you willing to take advice from this person whose job it is to coach you on your finances? No financial adviser can coach you well if you are not ready to take action or are resistant to change. We want our clients to be our friends and trust that we have your best interest at heart.
So these are just a few ideas to start off your search for the right person and right results.
I am always available to answer your questions if you need more help!
TTFN~
Jax
Friday, March 6, 2009
What's In A Name?
Hi!
Just dashing off a quick note about brands, names and recognition this morning!
As I usually do with my first cup of coffee of the day, I log onto to Twitter (I can enjoy two addictive behaviors at once) to see what's new and who doing what. Twitter is faster than any news service and there's only 140 characters in which to voice your views so no editorializing! Awesome!!
Getting back on topic, one of the first articles posted "Don't Be A Sleestack" http://tinyurl.com/bxcnxk
is about the choice of name you use on Twitter and how it can be viewed in a negative way keeping your identity masked for not-so-wonderful purposes.
Even though this may pose an occasional Twitter snub, what is truly most important is the fact that your brand and name recognition may be key to your presence in any setting. The only time I can think of when we deliberately attend a social function and want anonymity is at a masquerade party.
So, I've changed my Twitter name to @JaxLicurse and everything else remains the same.
My brand is still debt cures but I want to give you a real person behind the solution because it is about people and not about brands!
TTFN!
Jax
Just dashing off a quick note about brands, names and recognition this morning!
As I usually do with my first cup of coffee of the day, I log onto to Twitter (I can enjoy two addictive behaviors at once) to see what's new and who doing what. Twitter is faster than any news service and there's only 140 characters in which to voice your views so no editorializing! Awesome!!
Getting back on topic, one of the first articles posted "Don't Be A Sleestack" http://tinyurl.com/bxcnxk
is about the choice of name you use on Twitter and how it can be viewed in a negative way keeping your identity masked for not-so-wonderful purposes.
Even though this may pose an occasional Twitter snub, what is truly most important is the fact that your brand and name recognition may be key to your presence in any setting. The only time I can think of when we deliberately attend a social function and want anonymity is at a masquerade party.
So, I've changed my Twitter name to @JaxLicurse and everything else remains the same.
My brand is still debt cures but I want to give you a real person behind the solution because it is about people and not about brands!
TTFN!
Jax
Thursday, March 5, 2009
Home Biz Makes You Happy Or...?
Just a random thought I had today...I see lots of offers for people to join a MLM and some are the same ones over and over. It doesn't matter whether or not you are a serial joiner in different businesses as long as you are successful (very important) at one of them!
Most times, success is never achieved because you run out of money or just get too frustrated. I can't help with the frustration only direct you to visit the personal development section of the nearest bookstore or library.
Actually, I recommend the library over the buying the book until you read it once; it'll save some money you might need for more important things. If you truly like it and find great value, then, by all means, purchase it! The library usually has audio books as well you can take advantage of.
For help with the running-out-of-money challenge which can affect any business owner in a new venture, my solution is relatively simple. It may be difficult at first to make the decision, but it will pay off big time later!
You see a great opportunity to make a great income, potentially six figures, and you get involved. Your first step at this point, and it's the most important part of your future success, is sitting down with your partner, life or business, and take time to map out your financial goals. Also, check with your mentor after you sign on and get a clear idea of what you will need to spend to make your business effective and efficient. Then, PUT AWAY a little bit of everything you earn from your business. A good rule is 25% to 50% into a separate account.
After you know your goal and the time frame, you should have a clear idea of what your finances are now. You need to sit down with a financial adviser who can assess your income, debt, assets, savings, insurance and your budget to help you put together a sound game plan to achieve your family's goals. This game plan is going to help you to stay on track with your business targets and keep you aware of what you are spending and on what.
Income you start to earn for your business should be placed into an account that you access only for business spending! Take the remaining 50% to 75% and put into a good interest-bearing account so your money starts working for you. You went into business to earn money not to spend your current income on your business. Most folks try to keep making it up from their salary only to find they are worse off, hence, a state of frustration.
Let yourself be guided by someone whose business it is to handle your finances while you build and develop your business and coach others to develop and grow.
To recap:
1)Meet with your coach/mentor to get a clear idea of what you will need to spend money on to get your business growing and profitable.
2) Have a meeting with the people who are most affected by your income - life partners or business partners.
3) Get a good financial coach to help you design a financial program that will help you stay focused on your business targets and income expectations of your new business and update this with them on a periodic basis. You need to make sure all areas of your life are properly taken care of in the event something happens to change your income either up or down.
4) Don't try to handle it all on your own. If you outsource those things which you don't do well, you give yourself more time to concentrate in those in which you excel.
As a financial coach and someone whose mother was a serial MLM'er, I am aware of the pitfalls of not having a sound financial game plan to make sure your business is a business and not a hobby. I love the entrepreneurial personality and believe everyone should have at least a part-time business. Besides the obvious, my ability to grow my business, it makes the Home Business opportunity you choose much more attractive to the people you want on your team since you will be more successful and everybody wants to be in a successful business!
Next time - What do you need to know to choose the right financial adviser?
See you at the TOP!
TTFN
Jax
Most times, success is never achieved because you run out of money or just get too frustrated. I can't help with the frustration only direct you to visit the personal development section of the nearest bookstore or library.
Actually, I recommend the library over the buying the book until you read it once; it'll save some money you might need for more important things. If you truly like it and find great value, then, by all means, purchase it! The library usually has audio books as well you can take advantage of.
For help with the running-out-of-money challenge which can affect any business owner in a new venture, my solution is relatively simple. It may be difficult at first to make the decision, but it will pay off big time later!
You see a great opportunity to make a great income, potentially six figures, and you get involved. Your first step at this point, and it's the most important part of your future success, is sitting down with your partner, life or business, and take time to map out your financial goals. Also, check with your mentor after you sign on and get a clear idea of what you will need to spend to make your business effective and efficient. Then, PUT AWAY a little bit of everything you earn from your business. A good rule is 25% to 50% into a separate account.
After you know your goal and the time frame, you should have a clear idea of what your finances are now. You need to sit down with a financial adviser who can assess your income, debt, assets, savings, insurance and your budget to help you put together a sound game plan to achieve your family's goals. This game plan is going to help you to stay on track with your business targets and keep you aware of what you are spending and on what.
Income you start to earn for your business should be placed into an account that you access only for business spending! Take the remaining 50% to 75% and put into a good interest-bearing account so your money starts working for you. You went into business to earn money not to spend your current income on your business. Most folks try to keep making it up from their salary only to find they are worse off, hence, a state of frustration.
Let yourself be guided by someone whose business it is to handle your finances while you build and develop your business and coach others to develop and grow.
To recap:
1)Meet with your coach/mentor to get a clear idea of what you will need to spend money on to get your business growing and profitable.
2) Have a meeting with the people who are most affected by your income - life partners or business partners.
3) Get a good financial coach to help you design a financial program that will help you stay focused on your business targets and income expectations of your new business and update this with them on a periodic basis. You need to make sure all areas of your life are properly taken care of in the event something happens to change your income either up or down.
4) Don't try to handle it all on your own. If you outsource those things which you don't do well, you give yourself more time to concentrate in those in which you excel.
As a financial coach and someone whose mother was a serial MLM'er, I am aware of the pitfalls of not having a sound financial game plan to make sure your business is a business and not a hobby. I love the entrepreneurial personality and believe everyone should have at least a part-time business. Besides the obvious, my ability to grow my business, it makes the Home Business opportunity you choose much more attractive to the people you want on your team since you will be more successful and everybody wants to be in a successful business!
Next time - What do you need to know to choose the right financial adviser?
See you at the TOP!
TTFN
Jax
Wednesday, March 4, 2009
Money - Where Hast Thou Gone?
Here is a GREAT!!! site for anyone who thinks they are disciplined enough to stay on top of the flow of their income: http://www.mint.com/.
While on a webcall with @ColderICE (fellow Tweeter - I just love the info you can find on Twitter!), one of the callers gave a little insight into the challenge we all face trying to figure out how to track all your accounts and cash flows. This site will follow personal, business and retirement accounts. Isn't that awesome!
Check it out and see if it's something to help you, ok?
TTFN!
Jax
While on a webcall with @ColderICE (fellow Tweeter - I just love the info you can find on Twitter!), one of the callers gave a little insight into the challenge we all face trying to figure out how to track all your accounts and cash flows. This site will follow personal, business and retirement accounts. Isn't that awesome!
Check it out and see if it's something to help you, ok?
TTFN!
Jax
Life And Change
Just read this great blog entry and wanted to share it with you today. Mostly, the blogger discusses some ways to work on your personal development to change your life.
Changing how you view your life can offer you new perspectives on the way you live and work. A new way of looking what you do with your day (see blog for more info) can change how you earn your income so you can have a better quality of life!
I won't go on since Henrik Edberg, The Positivity Blog says it quite well without any help from me!
And, a fellow Tweeter, ColdPanda, posted this quote on Twitter: "Coincidence is when God chooses to remain anonymous". I don't know who is the author, but, isn't that a great thing to start your day!
So, here's the link and read and enjoy! "4 Ways to Make Life Work For You" , Henrik Edberg
TTFN!
Jax
Changing how you view your life can offer you new perspectives on the way you live and work. A new way of looking what you do with your day (see blog for more info) can change how you earn your income so you can have a better quality of life!
I won't go on since Henrik Edberg, The Positivity Blog says it quite well without any help from me!
And, a fellow Tweeter, ColdPanda, posted this quote on Twitter: "Coincidence is when God chooses to remain anonymous". I don't know who is the author, but, isn't that a great thing to start your day!
So, here's the link and read and enjoy! "4 Ways to Make Life Work For You" , Henrik Edberg
TTFN!
Jax
Tuesday, March 3, 2009
Bring Sexy Back To Your Home Business
Hello again! I found some really exciting stuff for my friends who have a Home or Small Business that I want to share with them. Okay, I admit it...I find it exciting, financial geek that I am!
Sometimes, being in a home-based or small business loses some momentum because you get distracted by things which aren't growing your business. One of those things are the state of your personal finances. Let's bring back that original glow of excitement so you can go on to reach your potential!
Since I am also in a small business, I want to make sure I manage my cash flow properly, and, along with this train of thought, what tax benefits I can take advantage of while I do business, among other things.
So what does this mean to you? Hmmm, you have a lot to do already and don't really have time to read all this stuff, right? Wrong!
You need to know your financial situation and how to safeguard your finances in any economy. You did enter into your home business to make money and not lose it, didn't you?
Here are a couple of great tips from PowerHomeBiz.com you can profit from in their blog on debt, tax benefits, cash management which you should be aware of: http://tinyurl.com/bz4us7. Get yourself on a financial gameplan so you can stay on track just like you plan that next campaign for the new product launch. Some wise man said, "If you fail to plan, you plan to fail".
While you need to understand some basics to be savvy on your personal finances, you should have the advice of a professional financial adviser - so you can concentrate on your business of creating a stable income.
Arm yourself with an understanding so you can make the right choice of who will do the best job for you!
In a later post, we have some tips on how you choose an adviser.
For now, we'll leave you with this thought: Use your time in the most efficient and effective way possible; leverage your time and delegate those things in which you are not efficient. Why spend your time doing things that don't make the income you'd lose doing it yourself?
Ta Ta for now!
Jax
Sometimes, being in a home-based or small business loses some momentum because you get distracted by things which aren't growing your business. One of those things are the state of your personal finances. Let's bring back that original glow of excitement so you can go on to reach your potential!
Since I am also in a small business, I want to make sure I manage my cash flow properly, and, along with this train of thought, what tax benefits I can take advantage of while I do business, among other things.
So what does this mean to you? Hmmm, you have a lot to do already and don't really have time to read all this stuff, right? Wrong!
You need to know your financial situation and how to safeguard your finances in any economy. You did enter into your home business to make money and not lose it, didn't you?
Here are a couple of great tips from PowerHomeBiz.com you can profit from in their blog on debt, tax benefits, cash management which you should be aware of: http://tinyurl.com/bz4us7. Get yourself on a financial gameplan so you can stay on track just like you plan that next campaign for the new product launch. Some wise man said, "If you fail to plan, you plan to fail".
While you need to understand some basics to be savvy on your personal finances, you should have the advice of a professional financial adviser - so you can concentrate on your business of creating a stable income.
Arm yourself with an understanding so you can make the right choice of who will do the best job for you!
In a later post, we have some tips on how you choose an adviser.
For now, we'll leave you with this thought: Use your time in the most efficient and effective way possible; leverage your time and delegate those things in which you are not efficient. Why spend your time doing things that don't make the income you'd lose doing it yourself?
Ta Ta for now!
Jax
Monday, March 2, 2009
Does Your Credit Card Company Want A Divorce?
Picked up this article over the weekend and thought it was pretty interesting: American Express pays customers to go away (http://tinyurl.com/da8dd9). Basically, American Express is interested in getting rid of the accounts where the balances are big and the cardholder pays only minimum payments. These accounts obviously are too expensive to keep open and so they are offering some cash to close the account. However, if you were a cardholder with a balance, you still have to pay off the balance; you just no longer have the ability of using the card any longer.
Other banks are considering some alternate ways of getting a divorce from these accounts and you can check out what some are doing in this article from Bankrate.com:
http://tinyurl.com/2hwtqd
.
I would also caution you to check with your tax adviser if you are given some opportunity to close an account on whether any offer to settle your account for less or take any type of incentive will result in producing an income event.
Anyway, just thought it was good info for people to read and know about in this crazy world of banking!
TTFN!
Jax
Other banks are considering some alternate ways of getting a divorce from these accounts and you can check out what some are doing in this article from Bankrate.com:
http://tinyurl.com/2hwtqd
.
I would also caution you to check with your tax adviser if you are given some opportunity to close an account on whether any offer to settle your account for less or take any type of incentive will result in producing an income event.
Anyway, just thought it was good info for people to read and know about in this crazy world of banking!
TTFN!
Jax
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