Each year, businesses write-off six percent of revenue to waste, fraud and abuse. But why would managers throw all that hard-earned money away when there is a reliable way to eliminate waste, fraud and abuse using accounting policies & procedures to create internal controls. Internal controls eliminate uncollectible receivables; prevent theft or embezzlement; optimize inventory; and stop waste, fraud, and abuse. Utilizing just a single control...more
Credit card debt is the most terrible of all nightmares. A successful credit card debt settlement is like getting a latest lease of life. Credit card debt settlement is an amazing stress relieving mechanisms. Once you are through with your credit card debt settlement, you are confident of a much healthier life. All those harassing phone calls and e-mail will turn into history and all that surmounting anxiety would be vanished. Thats why credit...more
One of the most challenging aspects of managing your personal finances is knowing how to control debt. Its very tempting to start borrowing - how else can you survive if your salary remains stagnant but the cost of living continues to skyrocket? Its also hard to maintain a frugal lifestyle when todays society places a high value on material things.Many people think that the quickest solution to having insufficient funds to buy what they need or want is to get a loan. While short-term borrowing might temporarily ease the immediate situation, it usually starts a long-term problem that is hard to resolve.Wouldnt it be great if there was a simple manual to guide you on the appropriate strategies to manage debt?This week, I compiled six valuable sayings to help you to remember some important principles about borrowing money. There is a lot of wisdom in these clever adages, and reciting them can be an effective way of memorising the underlying messages about debt.If youre thinking about borrowing, here are three sayings that can help you to avoid unnecessary debt:A man in debt is caught in a net - English adageMessage: Dont spend excessively just because its easy to get money to borrow....more
The IGVSI Bargain Stock Monitor clearly reflects the strength of this eleven-month-rallying stock market. In fact, the bargain monitor is sporting the best numbers ever recorded. No, this is not a "buy" signal. The numbers are telling you that most Investment Grade Value Stocks are at or approaching their highest valuations of the...more
Having been in the financial services industry advising clients for over twenty years I have observed a strong and consistent trend when peolpe consider their financial futures and assets.This trend still leaves me somewhat perplexed yet forms the basis of much discussion with clients as I attempt to raise their awareness of the consequences of...more
Imagine that the official length of a meter changed day to day – 80 centimeters today, for example, and 115 centimeters tomorrow. And that every country had its own measure of length – say the meter in India and the yard in the US – and the conversion rate between the yard and the meter again varied from day to day. This confusing jumble is what we have been living with for the past 38 years with one of the most important facets of our lives – money. Being in a global business where more than 90% of our revenues come from outside India, the company that I run bore the brunt of these vagaries last year. We were suddenly poorer by more than $25 million dollars (almost 10% of our revenues), just because the pound sterling eroded in value against the US dollar. While our revenue in the UK grew in pound sterling (something our UK teams were proud of), it declined significantly in dollar terms (which made our CFO quite unhappy). Our modern currency and exchange rate system was agreed upon by 44 countries in 1944. All currencies pegged their values against the US dollar, and the US government agreed to exchange dollars for gold at a standard rate of US $35 per ounce....more
Firstly, thanks for taking time to look at this article and review. My name is Matt Williams and i have been in this industry for just about 1 year now. I have tried numerous different systems over the past year to test to see which one...more
Most individuals have at least one or two credit cards, and many have even more. Credit card debt can stack up fast, and getting rid of it usually takes years of effort. With more and more people seeing their paychecks fail to keep up with rising...more
Despite having multiple faults that you made in the past towards making the payments, there are usually not many hurdles in finding out a loan for your requirements, if you are willing to put your property at stake. Adverse credits secured personal...more
You've got to make money before you spend money. If you think of the kind of financial advice you usually get from financial advisors, you'll probably find that it's pretty much entirely focused on the second half of that sentence: saving and...more
Auto title loans have helped many people in a time of need. These types of loans are granted to people who own their car outright and use that car as a form of collateral. Depending on the type of car that you have, age, mileage and condition will...more
If you are not working with a large bank, investment firm, or government agency, then your participation in the online foreign exchange market will be at the retail level. As a retail forex trader, you will work with a forex broker or market maker...more