When the New Year is upon us most smart business people take inventory and make plans for the coming year. Most of these actions focus on external items, like deciding on how many widgets you are going to make and sell, or how many new clients you hope to acquire by the end of the first quarter. While this type of inventory and planning is necessary, it is important as a business leader that you take time to inventory and plan for your own...more
In today's 24/7 business environment, burnout is a major problem among business executives. How much time and money is your company losing because of executive burnout? Do you know you can avoid burnout in your staff--and reap higher profits? Here are four things you can do this week to avoid business burnout now and in the future:Focus on self-transformation. For example, practice re-writing your job description given your evolving challenges,...more
Homeowners often become very interested in the Federal Reserve Bank system. Every time the board of directors meets, mortgage interest rates are at risk.Federal Reserve BankThe Federal Reserve System acts as the central bank of the United States. Created in 1913, the Federal Reserve sets monetary and financial policies for the financial industry and trades currency with foreign countries. The Federal Reserve also acts as the bank for the federal government. When you send a check in with your tax return, it ends up in the Federal Reserve. The Federal Reserve System is made up of 12 branch offices. The New York office is the primary office with other branches located across the country. The primary job of the Federal Reserve is to manipulate fiscal policy. The goal is to fine-tune the economy to create a stable, predictable situation in which businesses can function. Wildly fluctuating economic keys, such as interest rates, can lead to chaos. In the late 1970's, for instance, interest rates shot up into the high teens, causing a major economic slow down. The Federal Reserve effectively controls mortgage interest rates in a unique manner. Many people mistakenly believe interest rates...more
When I became a coach six years ago, I had a dream that took me a while to admit toeven to myself. What I really wanted to do was to combine the two great passions of my lifecoaching and working with horsesbut I had no idea what that might look like. As I bravely shared my fledgling dream with others, people began to point me to other people...more
If you are interested in buying a new home or refinancing the one you are currently living in, but think that you are out of luck because you have bad credit, think again.The mortgage industry is probably larger and more diverse than you realize. You no longer have to go down the street to your local bank to get a mortgage where they only work with...more
Lenders label individuals with no credit history as 'high risk'. Being considered 'high risk' can be the 'kiss of death' when it comes to getting approved for unsecured loans. Why? Because unsecured personal loans require no collateral. So, the lender loaning you your money trusts you that you will make timely payments. This is not a personal issue of trust, it is a credit issue. Lenders do not want to lend unsecured loans to people with no credit or bad credit, period. By now you are asking yourself, 'How do I turn my no credit history into a positive one so that I can apply for a personal loan and get the cash that I need?'. Easy! Being labeled 'high risk' makes it hard to get approved for certain types of loans and credit, but not all.Did you know that applying for a used car loan is one the best means for building or rebuilding credit? How? When you take out a car loan, you are securing your loan with the car that you are financing. If you do not make the payments, you will lose the car. So, the lenders are much more inclined to provide car financing to people with no credit before they approve an unsecured personal loan.Another great way to build your credit history is to...more
So you enjoy making wreaths and have decided to go into business for yourself. Congratulations, that sounds like a positive idea and hopefully will be a profitable one. First, however, you will want to make your business plans so that your start up...more
Credit card bills can be expensive. Sometimes they can be simply too expensive. Depending on how you use your credit cards, and how much you spend, and how disciplined and controlled you are over your own spending, you may or may not have trouble...more
Information products are one of the hottest selling items on the Internet. And for good reason. Where else can you get timely, relevant information that is exactly what you want...even at 2 am in the morning?The problem with information in books at...more
For many people, their credit card appears to be free. Apart from the interest they pay on their outstanding balance at the end of each month, they do not pay any other fees for the convenience of the credit card. While this may be true for some...more
To save money on your credit cards, doesn't always necessary mean that you have to switch providers to get a better deal, far from it as you can always start on your own doorstep and ask your current credit card lender if they can offer you a better...more
If you are a borrower with a history of unsatisfactory credit transactions, the lenders will describe your credit history as "adverse". The expressions "poor credit", "bad credit" and "sub-prime" all describe exactly the same situation. This leads to...more