Be True To Your Finances

Money will never be enough. Whether you earn $100 or more there will always be room for more and more needs and wants in your life. Currently I earn twice as much as I used to earn two Years ago but my expenses are also twice as much. If you do not watch out on the trend you take with your needs and your income, you will get frustrated and think the problem is with money yet you are the one causing the problem.

I prayed for wisdom on how to spend wisely to avoid pitfalls and I got help. I have not reached the peak but so far I am very happy with the way I manage my finances. At this point in time I will give you tips on how to manage your needs and wants in regards to money and avoid going overboard. The secret is to live within your means and this is how

1. Write down your daily needs and wants that you spend on and divide the needs and wants into three categories; Daily, Weekly and Monthly

2. Beside each category write down the needs and wants and how much you spend on them. Be honest with yourself do not underestimate or overestimate, you have to be on point. If you over/under estimate you will not make it. Prices do not change within a short period of time so you will have to go to a grocery shop or supermarket to get the exact price of the commodity you buy daily, weekly or monthly.

3. Find totals for each category, for example, your daily category must be multiplied by thirty for you to know how much you spend in a month and the weekly budget by four. Add up your totals and see how much you spend.

4. If your budget exceeds what you earn, then you have to review your needs and wants and be disciplined enough to reduce your wants at this moment and check whether your needs may also be overboard. If you find that your needs are expensive, then you should find a place where the same needs can be bought less expensive, for example; instead of buying tomatoes or other raw vegetables and fruits from a supermarket try getting them from a local vendor. If the house you are staying in is eating up your money move to a descent less expensive apartment.

5. Stick to this budget and consult it regularly, go back and check whether you are on track or off track. Try this for just a month and you will see a very big positive difference and you will even manage to save money.

Investing and Financing

Most of the businesses these days borrow money either in short terms or long terms basis. The majority of cash flow statements illustrate the increase and decrease of the earnings of the short term debt only. It does not report the total amount that either either borrowed or paid. On the other hand, when illustrating a long term debt, the total amount and the reimbursements of the long term debt must be indicated in the cash flow statement on a yearly basis. The figures on these cash flow statements are illustrated on gross not net figures.

Similar to businessmen, most of today's businesses must find a way to finance its acquisitions when the business' internal flow of cash is insufficient or is insufficient to provide financial support in order to for the business to grow. When we say financing, it usually means the funding of a business capital from debt and equity sources. And by borrowing money from financial institutions or banks, in order to loan money to the business, or by providing extra funds in the business. The tenure also includes the other side of the coin, meaning doing payments on the balance due and returning the principal to the owners. It also includes the monetary contributions by the company from the income to its owners.

In addition to that, another section of the statement of the monetary flow illustrates the ventures that the business has admitted during the annual report. New and additional ventures signify the growth of the production and distribution capacity of the business, as well as its improvements and improvements. Organizing long term assets or removing a key component of the business can create good or bad effects, depending on what is influencing the said actions.

Some companies will dispose some of its predetermined assets on a yearly basis upon reaching the limit of their usefulness because they will become more of a liability than an asset. These predetermined assets are either disposed or put on the market, or in most cases, traded for new predetermined assets. The assessment of the fixed assets or predetermined assets that is at the end of its usefulness is called the fixed assets' "salvage value". The profits of the fixed assets are accounted as a source of money in the "investing activities" segment of the statement of the business' monetary flow. The proceeds of these fixed assets are generally diminutive in quantity.

Becoming an Affiliate Via an Internet Business

Online businesses are becoming very popular. Everyone is looking for self employment opportunities that involve minimal or zero investment. If you do not want to obtain an office or make an investment in a company; you can become an affiliate to earn commissions. You do not need to have your own products or services; all you're doing is promoting someone's product to get paid. You will be known as an independent contractor and you must have skills in sales as well as a people person that is not afraid to get out there and make presentations or attract customers through posted videos and blogs to get the attention that you need for potential sales.

By becoming an affiliate you can start making money while working your regular 9:00 to 5:00 or right from home. An advantage of becoming an affiliate is that your small business is already accredited locally and nationally and consumers are already aware of the products that you are currently selling and how they work. You are simply getting the word out there about a product or service that is already in good standing and that that completely covered with insurance and governmental approval. Testimonies relating to the excellence of the product will already be available for you to use while promoting the product. People may possibly have already heard testimonials about how well the products work and how cost effective they are along with the benefits of them.

A great way to make your presentation known is to create postings, write blogs as well as creating a website to help get your name out there to the public. Obtaining a website to promote your affiliate business can be inexpensive and easy to maintain by using the tutorials that are given. When becoming an affiliate do research on available options in offered by companies; select a company that offers you a great product and a substantial benefit for selling and promoting the product. To be successful as an affiliate you must spend time doing research to choose the right program and maximize your profits. While choosing your program you want to become an affiliate with give thought to the process you will be following to promote the sales of the products. Do not expect high returns on day one. Every business takes time to establish and to earn profits. Do research to promote the right product.

Becoming an affiliate has great perks such as being an accredited affiliate for product or services locally and nationally, promoting a product that has already been known and has possible testimonials, you are able to conduct your own business selling other products and collecting profits and create your own hours. Research the companies that offer the programs that work best with your talent and skills. Create your own schedule and determine to set up the blogs, social networking sites and websites that are needed to attract customers 24-7. An online business is easy to promote and can draw traffic daily when promoted properly. Become an affiliate and create revenue each month; once when you become an affiliate you can quit your day job and work full time from home.

Beware of Fake Designer Clothing and Fashion Accessories

The selling of fake or counterfeit designer clothing and fashion accessories online is a booming business and more and more people are finding out the hard way that that it is easy to get riped off when trying to save some money when buying designer clothes and fashion accessories online. To start with, if the deal seems just too good to be real then it most likely is.

Fake designer goods are virtually without exception inferior products, so if you intentionally buy knock off designer products then you have no right to complain when you finally see what you get. Cheap fabrics, crooked stitching, glue blobs on sneakers and buttons that quickly fall off are standard on fake designer products.

The real tragedy of course, is when someone pays good money for a designer product and an inferior counterfeit product arrives at their door step. They so many times have no recourse either, because it was shipped from some obscure Asian country where counterfeiting is a crime that is only winked at.

This is why you should always check your source before you hand over your money. Many Asian countries are literally flooded with counterfeit products, so you should always avoid buying high end designer products that are shipped from them. Also, it is now a legal requirement that all websites have full contact information listed on them.

If they don’t have all of the required contact information listed then there is an obvious reason why. A legitimate dealer will always have contact information listed, so clients can easily get in touch with them. An unscrupulous dealer on the other hand, won’t list it, because when a client contacts them it is always to complain and to try to get a refund.