Deficit, The Source Of The Problem
From my experience so far in the service of the client, I can say that deficits (expenses greater than income) is the source of almost all financial problems. Why? Simple once. With expenses greater than income, then …
1. your mistress will be used to cover the deficit so long eventually your mistress will continue to diminish and a time out. And if your Mistress is exhausted, then …
2. you will sell your property to add to Your stash of cash, so a long time your property will also be up for sale. When the mistress as well as your possessions as well is up, then …
3. you will borrow money from here and there. And imagine what would happen if the stash your money runs out, your possessions, and you’ve got a debt here, then there is a result that will appear are:
* Reduced is safe because it does not have a stash of money in the account
* The appearance of bickering with your spouse because Mistress money families out unused family and possessions are sold out
* The decline in confidence because you must often borrow money here and there
* The emergence of feelings of shame since arriving by a debt collector who wants to collect debt
All of that certainly can be a trigger of all kinds of family problems.So it can be seen that the problem of finance is one of the biggest cause of the emergence of family problems. And all that, when it is traced, the cause turned out to be only one: because your expenses greater than income!
Cope With Credit Card Debt
Some media recently revealed that the amount of bad debt data resulting from the use of credit cards reached USD $ 1.01 trillion. Maybe among us there are also experiencing problems with the credit card bills. With interest rates averaging over 3% real credit card not only offers convenience in shopping, but can also catch us if not careful in using it.
During this time perhaps we have been stuck with the credit card debt accumulates so that even to pay the minimum payment only we have the hassles. A good financial plan is required in addition to discipline the use of credit cards.
The best way to use a credit card
Many credit card users opt to pay in full credit card before date printing credit card bills every month. They are the kind of customers that perceptive and only use credit cards as a convenient way to control your spending and shop without using cash or checks. They utilize the pause time between interest free shopping date with time before the credit card bills are printed. At the time, the time gap credit card interest has not been calculated and when we pay in full before the credit card bills printed then we are not subject to interest at all.
Customers with this sort of behavior is very high benefit from credit card. He can also enjoy discount card and get a result spend points to possibly get a gift. But some credit cards have interest from the date the transaction was wearing. Then titillate and ask the credit card customer service how they wore a flower. Choose a credit card with interest-free intervals.
children we want business as a profession they work at their parents, how should our attitude as a parent to face it. Are we a priori or just want to follow her wishes. I think this case is no less experienced businessmen, including my own, that is when my son was still in junior high school also had a desire to be a businessman War net.
In my opinion, it naturally happened, because perhaps our children are familiar with the business atmosphere. Although, not a few children businessman who did not want to aspire to be a businessman, because he knows his father is very busy. Meanwhile, to educate himself was not easy. The problem, is a very large factor of emotional closeness, and it can sometimes be the obstacle of child development itself.
Meanwhile, I see not the schools that prepare a person to be businessmen. So, if your child wants to be a businessman, it is deemed necessary to have other people who we believe to be a mentor or mentor.
Only, we are involved in the mentor of the family, still must be well planned. And, to be successful, according to Patricia Skiff, a columnist in “Entrepreneur Magazine”, we must consider the factors below.
The first factor, we must know who the people who became his mentor. Have skills and can provide guidance, it is a major requirement. And we as parents, should be more used to believe before we involve the mentor in guiding our children.
The second factor, what we need to know the mentor. This means that before a mentor from outside the family that determines the rules in providing guidance, should we need to explain to the mentor, whatever be the motion, and what is its responsibility. For instance, he should be able to educate our children discipline.
The third factor, is what not to do the mentor. For example, he should not try to “sabotage” in the mentoring process itself. Because, in fact the essence of mentoring is how to provide input for our children’s ability in business. So the process is later, will make our children more mature in the business.
Therefore, I think, sort of a mentoring program that we should plan for a limited period, 5 or up to 10 years. Because, as this is, we as entrepreneurs will retire or rest. Meanwhile, our children when it was ready to become entrepreneurs.