Monthly Archives: December 2016

How to Get Finance Homework Help

In its core, finance explores the ways in which business entities, individuals and organisations utilises the resources over time. The study of money and the management of assets has been the focus of finance. Maximisation of shareholders wealth has the main focus of the financial manager. Decisions relating to investments, dividends and financing has been taken by the financial manager. Finance home work help provided by the online sites worth its salt. Though there are plenty of experts who provide online help for various topics in finance. It is quiet important to find the right guide who can lead the students properly.

The basic areas of finance is the time value of Money, bond valuation, stock valuation, dividend policy, capital structure, risk & return, cost of capital and capital budgeting.

The time value of the money is also processed in Finance. At the time of investment “The bird in the hand principle” is of much importance. One dollar in hand today is certain but one dollar which can be received tomorrow is less certain. This is the risk strategies in finance. Even with the consumption preferences, the preference level for the immediate consumption is stronger than the delayed consumption. As the saying goes “The promise of a bigger pizza next week counts less for a starving man.”

Though homework help with finance is quiet complex, there are many experts who work round the clock to serve the needs of the students.

The whole responsibility of managing the general accounting function, the internal control procedures, and the pay-out systems is in the hand of the finance and accounting manager. So, the students of finance and management need to put intensive care in learning the basics of finance.

This is Kate Vinslet having more interest to discuss about Homework help always.

Saving Money

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Money Saving Tips – How to Manage Money

What should you do with your hard earned cash? There are many choices we face on a daily basis that can create confusion and can point us in in a different direction at any time. There are many things that we should and shouldn’t do with regards to our finances and how to manage money. Let’s go through some of the more important ways to start saving and put your money where it belongs.

  1. Understanding when you should stop

The issue most people face when knowing how to manage money is knowing when you should stop. This may be a somewhat vague statement but I’ll help clear that up. Understanding when you should stop can pertain to all kinds of different parts of your finances. You should know when to prevent buying things on each day, week or month and that all comes down to budgeting. You must understand when to stop investing in each part of your financial portfolio and start in another. You must understand when it is time to stop using the credit card and begin to buy with real money. These ‘stops’ are of vital importance to our financial success and there are many more. Every situation is unique and you need to go through some of the trouble areas in your financial life to discover where you need to stop. It could be you are paying too much for for your telephone and web service. You need to know when enough is enough and put an end to cash wasting services or purchases. The amount of money you will save if you know when to the draw the line will amaze you.

  1. Eliminate Impulse Buys

All stores rely on impulse purchases more than any other item sold. They will draw you in with a great deal on several things in their flyer. You end up getting those items up but while you shop you purchase several other things that were not on the list. All of us can be sucked into the impulse buys when we go to the mall, convenience stores or the grocery store. Often times we don’t know we’ve made an impulse buy. If you chew gum, have an issue of ‘Cosmo’ magazine on the coffee table or have fuzzy dice dangling from your car mirror it’s likely you have made an impulse buy. We make impulse buys on an almost daily basis. Those purchases empty our wallet and savings account of a lot of cash. Here’s an example of how much you can spend: If you pack of breath mints {per|each|every| week you are spending about $78 every year. Throw in one magazine each week, a Starbucks coffee every day, a chocolate bar every two weeks etc. It’s not hard to do the math you’ll figure out that we spend thousands of bucks each year on these items that we didn’t plan on buying. If you avoid them you’ll easily save thousands of dollars for your retirement plus you will know the basics of how to manage money.

  1. Plan Ahead

Planning is key when dealing with your finances. If we go around without putting any thought into where our money is going there is a high likelihood that it will all be gone after a couple of weeks. They key tofor solid financial planning is planning ahead.

My Step by Step Advice:

1st: Know how much every guaranteed monthly expenses are and place aside that sum from your paycheck. Those items include electricity, cable, car payment etc.

2nd: Set aside $25 (or more) every week that will go into your emergency fund.

3rd: Make a meal plan and then do your weekly grocery shopping. If you have all the food you need in the house it will prevent you from going to the corner store to buy a loaf of bread for $4.

4th: Budget no more than 10% of your paycheck for weekly spending. If you spend that 10% by Monday then you don’t get any more. Don’t dip into next weeks budget and don’t let last weeks budget roll over into the current week.

5th: Make a financial goal at least once a week. If you want to go south this March, create a goal to make that dream come true. If you want to own a house next year, start making that goal happen. If you want to save an extra $20 a week, figure out a way to make it happen. This will show you how to manage money and get you on the right track to your financial freedom.

Should you go out and spend your money with reckless abandon or save wisely? I’m pretty sure you know the answer to that question. Managing money isn’t as hard as you think and can be easy to save for the retirement, house or vacation you’ve always dreamed about. You simply need to understand when enough is enough when it comes to spending. You also need to stop impulse purchases. The last thing is good financial planning. If you make an honest effort at making those 3 things happen, you will be close to knowing how to manage money better.

How to Manage Money Eliminate Debt Step by Step

Is there a way to manage money and eliminate debt step by step? Perhaps if there were a absolute way we would all be doing it every day, week and month of the year. However, I have found several steps that can help and if you attempt to follow each as closely as you can you should be one step closer to eliminating your personal debt. You can begin tomorrow and it can change your life.

Step Number 1: Assess your current financial situation.

Are you currently in the red or black? Do you use your credit card to manage your money and daily expenses? This may be a definite indication that you are in a state of financial trouble. There is a free tool at my blog that may help quantify your current situation.

The Second Step: Analyze your spending habits.

Look at your weekly and monthly spending habits. Do you find that many of your purchases don’t need to be made? When discussing spending, there really is no ‘grey’ area. Some things we all need to purchase and there are items that we don’t. You might have to re-learn how to manage money if you discover that half of the cash you spend is on eating out, entertainment, fancy clothes, alcohol etc. Try this next step.

Step Number 3: Budget.

I’m pretty sure I’ve mentioned this once or twice on my blog but creating a budget is without a doubt the most key step to make. A simple way to begin to budget is to sift through your credit card bill and create list that lists what you MUST HAVE and what you DON’T NEED. This will only take a a bit of time but it will show you how to manage money in a very easy way. If you want, try to go through a few months of bills. The 1st thing you will probably discover that you could chop those bills by 50%! From here on in, when it comes to buying things in the future you will know exactly what purchases get the ‘green’ light for necessary spending and what gets ‘red’ flagged. Just like that you have created a basic budget.

Step Number 4: Eliminate those ‘Red Flagged’ purchases.

Step 4 will take the most determination, dedication and will power from you. The key of how to manage money is to understand where the money is going and why. You don’t need the finest fashions, or that expensive bottle of wine, football tickets or the newest pair of shoes if you are already having difficulty with your finances. The only things you really need are a roof over your head and 3 square meals. Make an effort to live a very modest lifestyle for a month and you will surely be shocked with how much cash you will save.

The Fifth Step: Find a low or no cost credit card.

You may have to search around to different companies but this is a very important step to take. The key to this is if you carry a balance or if you always pay it off each month. If you do have a an amount that carries over you need to find a credit card with a low interest rate. It is almost impossible to pay a balance if they charge you 18% interest or higher. That amount adds up fast. If you are lucky enough that you can make the payments, find a credit card with low or no fees. In my opinion you should eliminate your credit card altogether and only use it for emergencies.

Step Number 6: Consolidate your debts.

Plan this step carefully. The positive side is that debt consolidation offers the opportunity to lower your monthly payments, save on interest and may even help you get out of debt faster. But there are downsides that should be taken into consideration like not finding out the root of why you are in debt and stopping those tendencies that got you into debt to begin with. You may end up paying more in the long run with debt consolidation if you don’t change your habits.

There is another free calculator on my blog that can show you how to manage money through debt consolidation.

The Seventh Step: Seek financial advice.

This is straight to the point. You can’ know all of the things you need to about debt and the ways to eliminate it. These steps will help but it is still wise to seek face to face advice from a professional.

Step Number 8: Fix your credit.

Having bad credit is, well, bad. There are plenty of huge purchases you are going to make in the future and you must have a quality credit score to do so. Be sure to check your credit at your financial institution or even find out online with a company like Equifax. The sooner your credit is fixed the better.

Is there a way to manage money and eliminate debt step by step? I truly believe that if you take these 8 steps you will have the right tools to eliminate your debt. Good luck and I look forward to any success stories that you may have!

How to Manage Money

When I was young I always found it interesting how much my dad understood money and personal finances. Even up to today when he is getting closer to his long awaited retirement, he understands a great deal more than nearly every individual that I have met. My dad is still planning and evaluating his portfolio, continually changing and always adjusting. He always makes regular contributions to his retirement plan and never misses or is late with paying his bills. He knows how to manage money.

A little bit of me thinks that my interest in proper money management stems from his keen interest for it. When I was a child I would continually ask questions about his past. I asked him how he knew when to change certain investments from medium risk to highest risk and vise versa. Before the stock crash in 1987 he completely avoided a loss by adjusting his his entire investment portfolio a 5 months before everything went downhill. He did so in early 2000 and again before this most recent crash. When thousands of people lost half of their savings and forced to sell their homes he managed to protect his entire portfolio and eliminate his mortgage in 15 years.

Is it a fluke that my dad has always avoided losing close to nothing during these difficult times? My dad isn’t an investment advisor or or work at a bank nor does he work as a stock broker. In fact his career for close to 4 decades was as a manager at a retail store. How has he always understood when he had to make changes and at the right time? He has either been visiting the only fortune teller that isn’t lying or he understands finances more than the average person. I think it’s the later.

My father’s financial interests started when he worked as a teller at a bank when he was a teenager. The job required him to read all about how to manage money so he could easily answer the questions his customers would have. He only worked there for about five years before he moved on to a different career. The things he learned in that limited period of time he ended up taking with him for the rest of his life. He made some mistakes along the way but due to his knowledge, he understood how to fix those misadventures and limit the damages.

Since the time that he switched careers over 40 years ago, I don’t think he has picked up a book on finances. Having said that I can say for sure that he read so much more in those five years than most people read in 20 years. The wonderful thing about personal finance basics is that they really don’t change. The simple formula’s involved with finances or principle or the dividends have remained the same for ages. The more reading you do the more you will know how to manage money.

Knowledge is the key to life. By reading as much as possible or even just a tiny bit you will better understand how to manage money. Just by spending a few short hours each week informing yourself with this blog and by picking up some excellent books you will understand the investment trends and will avoid the crippling losses. There aren’t too many things more important than making sure your finances are always in order. A little knowledge is a dangerous thing. The more you have the more you will save.

Personal Finance

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Minding your finances doesn’t have to stressful and overwhelming. There are many people right now that are worrying themselves right into the area of heart attacks because of money, or rather the lack of it. No one needs to let themselves get to this point when there are personal finance tips to follow that are simple and will leave you able to sleep at night.

The biggest tip to follow for your personal finances is to learn how to be frugal. This is especially true for those young people out there that are just stepping into the wig world of money. Don’t spend on unnecessary items. If you see something that you want, don’t spend to get it right then. Make yourself go home and think about it. Chances are you will end up making the decision not to buy it.

In addition to frugality, you should make a budget and live by it to the letter. Sit down and write out what you must pay each month to live, as far as rent and living expenses. Don’t add in things like a shopping trip with your friends at the mall each week or that little gift for yourself because you worked hard all week. These kinds of things are wasting precious money that you could be saving up to have on a rainy day.

Avoid unnecessary debt like the plague. Going into debt means that you are going to lose more money every month to interest and other fees related to that debt. This is money that you will never have the chance to even squander. You will never see those dollars except as they go out the door and into the hands of someone else.

When you make the guidelines for your budget, make it a point to turn it out where you are going to be spending a lot less than you are earning. This is going to leave money left over to save. Make sure that you also pay your bills on time so you can save yourself from late fees as well. These may seem like little things, but they add to being a whole lot later on. Personal finance tips can be sticky and hard to follow sometimes, but to become financially stable, you must learn early on to make sacrifices.

Find ways to make more money. This may come in the form of getting a degree or it may be that you can go higher in the job you have. Education is one of the essential keys to success, especially when it comes to earning a high salary.

When you get paid, you should take at least 10% right off the top for a savings account. This way, in the event that you lose your job or you have something happen to you that causes you not to be able to work, you are going to have some money to go on until you change course and get resettled. A lot of people have hit rock bottom and never made it back up because of situations like this happening and they didn’t have a savings to depend on. These personal finance tips will help to become a better money manager.

False Sense of Financial Security

You are currently living the ‘American Dream’. Right now you are blissfully married, you have two kids, a dog, the nice home with a white picket fence, you drive an SUV and a station wagon and you are in debt. Your story is just like millions of other people out there. Okay, so your story isn’t exactly as I just described but its pretty similar. In fact the debt part is probably the only absolute truth. You are able to make all of your minimum monthly bills and are making ends meet – or so it seems. You’ve been drawn into the false sense of financial security and assume that you know how to manage money. The reality is you may be in too much debt. I’ve created a list of ten warning signs indicating that you might be in over your head.

  1. You have little to no savings
  2. You are only able to make the minimum payment on your credit cards and other bills
  3. You have been denied credit
  4. You use cash advances from your credit cards to pay other bills like heat and hydro
  5. Once in a while you’re late with your bill payments
  6. You keep buying things with your credit card adding to the balance
  7. You don’t even know how far in debt you are
  8. Your bank accounts are overdrawn and once in a while you bounce checks
  9. You have one or more credit cards that are close to the limit or are maxed out
  10. You have been secretive to family and friends about your debt and over spending

Does one or all of these statements sound like you? Even if just one of those is true you might be in some sort of financial trouble and may need to learn how to manage money all over again. The good part is you can. The bad part is you need to start taking control of your finances ASAP. The longer you wait, the worse the problem will get. Finances are something that can’t be ignored or forgotten about.

STEP 1: Now is the time to create a check list and go through it. Sift through these ten things and find out the parts that correspond with your life.

STEP 2: Find a way to correct those problems. You have no savings? Start creating your emergency fund. Add $25 a week or any amount that is possible to increase that balance to $1000. You keep adding to your credit card balance? Start buying things with cash and start making larger payments to your credit card. The list goes on and on but you have to fix those problems.

STEP 3: Set goals and start making them into reality. Next week isn’t the best time to begin making goals. Start today – better yet, start right now. Don’t set your goals too high, create financial goals that are able to achieve like cutting your hydro bill by 5% or 10% or save some cash by quitting smoking. Small steps are key to goal setting and learning how to manage money.

Being lured into a false sense of financial security is easy if you don’t know the signs of serious financial problems. If you have gone through this list and have found any matches it might be time to start fixing those problems before your security becomes a huge issue. Understanding how to manage money can be simple and everyone is able to make it happen.

How to Manage Money and Make it Grow

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The 12 Debts of Christmas Part One

Oh the weather outside is frightful

But the fire is so delightful

My credit card is maxed out so

Let it Grow! Let it Grow! Let it Grow!

Tis the Season for too much spending

And there’s just no comprehending

How will I pay my bills next year?

Let em Grow! Let em Grow! Let em Grow!

My debt is as deep as the snow

Oh what a terrible fright

And I know it will continue to grow

How will I sleep through the night?

Now the presents have all been given

To the poor house I have been driven

And my credit scores are way down low

Help it Grow! Help it Grow! Help it Grow!

Christmas is right around the bend and you have a couple things on your mind. How am I going to avoid dinner at the in-laws and how am I going to pay off my credit card this January? Over the next couple of weeks I will go through 12 ideas for holiday debt relief. Each one will teach you bit by bit how to manage money and create a debt free 2010!

HOLIDAY DEBT TIP 1: Don’t Add More Debt

Did you know that every $50 you tack on to your credit card balance will add another month to the time you can to pay it off. Don’t worry, the holiday’s aren’t canceled! You don’t have to tell the kids that Santa isn’t coming this year. You have to keep tabs on your budget. Right now you should really sit down and calculate the numbers. Decide the things you must have and what you can afford to lose. Do you really need a stocking stuffer for your pet iguana or a brand new outfit to show off for Christmas day? Figure out what is truly important and what can be missed. You may amaze yourself with how much you can actually save. Christmas is a wonderful time to learn how to manage money.

HOLIDAY DEBT TIP 2: Make a List and Check it Twice

It might be easy to overlook your finances during this busy holiday time but you must remember the big picture. It’s time to set goals and follow through with them.

Goal #1: Start an Emergency Fund – Any amount helps. Even if you can you spare $10 or $25 each week it’s time to start now and it will help. The goal is to have at least $1000 saved up and the sooner the better.

Goal #2: Start Debt Stacking – those credit card bills are starting to arrive in the mail right about now. This is a great time to start snowballing your debt. Review my previous posts for debt stacking tips.

Goal #3: Cut the Cost of Living – There are all sorts of ways to reduce those expenses. Turn down the heat a couple notches when you are at work or when you are about to go to bed. Turn off all lights when you aren’t in a room. Check any windows or door ways where hot air may be seeping out and seal it up. The amount of money you will save will amaze you.

Goal #4: Clip Coupons – All retailers want your hard earned cash. Look on the Internet or in the newspaper for bargains. If you shop around for the best deals you will save lots on your Christmas purchases.

You should create 6 more personalized goals for yourself. If you are having trouble find some resources on this blog that will help. If you have some questions ask me and I will try to help!

For my next post I have created another delightful song you can sing around the Christmas tree with family and friends and I have created some more tips on how to manage money and remain debt free this holiday season/Christmas!