A reverse mortgage can be an attractive option for many home-owning seniors that are having a hard time making ends meet. With a reverse mortgage, a senior homeowner will receive money for their home equity from a lender without having to make repayments for as long as they live in their home. So with the right reverse mortgage a senior homeowner can maintain their standard of living while retaining ownership of their home.This of course, is the...more
Papers are one of the scourges of the modern office. Even mine tend to take over, if I am not very careful. So how do you get a handle of those never-ending piles of paper that accumulate on your desks, especially if filing is not one of your strengths? There ARE solutions, including some that don't even include filing! So how do you go about it, if you can't deal with filing, or are afraid that anything you file will be forgotten?1. SORTFirst,...more
Everyone knows how difficult it can be to establish credit. It's the old "chicken and egg" situation - you need credit in order to get credit. The fact that you have nothing in your history to suggest that you will not repay a loan will not help you get one. You need to have something in your credit history that suggests that you will repay the loan. And how do you do that if you have no credit?One solution that's often suggested is a secured credit card. A secured card requires you to put up a cash deposit that acts as collateral against your credit limit. Your issuing bank knows you will pay your bills because they have your cash. If you don't pay, they will just take it out of your deposit.A secured credit card is a good way to start building a credit history if you have none, but is there anything else you can do? How about joining a health club?That may seem like a strange notion, but it may not be that far fetched. Most health clubs, especially the national chains, will have you sign a contract to join. That contract will require you to make monthly payments for a minimum amount of time, say two or three years. Most of them will also report your business to the credit...more
A reverse mortgage can be an attractive option for many home-owning seniors that are having a hard time making ends meet. With a reverse mortgage, a senior homeowner will receive money for their home equity from a lender without having to make repayments for as long as they live in their home. So with the right reverse mortgage a senior homeowner...more
Fundamental AnalysisFundamental analysis is a methodology for analysis of a company as a viable stock that you want to hold for long term. Fundamental analysis is more widespread in the world of investing since you are going to hold your companies for 10 to 20 years, you do not wish that your companies go bankrupt the next day. Some of the common...more
Design for Six Sigma (DFSS) is the application of Six Sigma principles to the design of products and their manufacturing and support processes. Whereas Six Sigma by definition focuses on the production phase of a product, DFSS focuses on research, design, and development phases. DFSS combines many of the tools that are used to improve existing products or services and integrates the voice of the customer and simulation methods to predict new process and product performance. DFSS can be compared to DMAIC (Design, Measure, Analyze, Improve, Control) and often the acronym DMADV (Define, Measure, Analyze, Design, Verify) is used to describe the strategy of DFSS. The precise phases or steps of a DFSS methodology are not universally defined. Most organizations will implement DFSS to suit their business, industry, and culture. DFSS methodology, instead of the DMAIC methodology, should be used when:* A product or process is not in existence at your company and one needs to be developed* The existing product or process exists and has been optimized (using either DMAIC or not) and still doesn't meet the level of customer specification or six sigma levelDFSS is a way to implement the Six...more
This time it will be our own governments mostly that will do the victimizing but some businesses will get it on it as well. Its simply one of the biggest revenue generating processes utilized by various levels of governments that very little is known...more
If you are involved in sales, fundraising or just an active networker, you have probably tried a variety of tools to manage your contact list and remind yourself to stay in touch with all of the prospects and people you meet. This tickler file is...more
Whether you have excellent credit, good credit or poor credit; make a great income, middle income or low income; have too much debt - are self-employed - have a loan with a pre-payment penalty - or need to rebuild or renew your credit...YOU MUST TAKE...more
Securing a mortgage for the first time can be a frighteningtime in your life. You want to make sure you understandwhat is going on so the mortgage lender cant takeadvantage of your lack of knowledge.In spite of numerous laws and regulations it is...more
How you spend and manage money is a tangible way to measure your values. 1. Are you able to keep the promises that you make? When you borrow money you are making a promise to the person or financial institution that you borrow from to pay the money...more
Credit cards do not have to end up costing you the earth. So long as you can keep your spending under control, and are able to pay off your monthly bill in full each month, your credit card will probably cost you nothing. Every purchase you make with...more