Finance and Financial Planning, Money Advice and Financial Strategies Articles For Women
Smart money advice and financial strategies for women. Our guide to money and smart financial strategies for women with articles and advice which provide expert knowledge on matters of finance.
Focusing on service companies and small offices, below are some great tips to help reduce the cost of overhead for your company
Because I was able to drastically lower the cost of my overhead, my first office was opened without a huge bite to my pocketbook. Of course, there are still costs, but not nearly what so many complain about in business.
Most people in business explained to me that starting up my own office would cost around $10 to $20K, at least, if I wanted it to look half-way decent. Not the case at all. My steps included the following:
As you know, homes are large and important investments
With a mortgage, taxes, insurance, and upkeep, a big part of your paycheck probably goes into your house. Beyond the cost, your house is probably a source of pride and security for your family.
With that in mind, it is very important to have top quality coverage. One of the first steps you should take is to understand what your house insurance covers. Homeowners insurance policies differ, but should actually provide a variety of coverage for you. Let us take a look at the different types of coverage that make up a typical policy for a home owner who resides in the house.
There has been a great deal of research recently devoted to the relationship between money and happiness. The consensus is that once basic needs are satisfied, happiness doesn’t increase as income increases. Surprisingly, surveys of people who have won the lottery are not much happier than the average person.
Laura Riley, author of Money and Happiness: A Guide to Living the Good Life offers these six steps to financial happiness.
Get A Money Buddy! A Money Buddy Is Someone You Trust And Who Has Similar Financial Goals
It's often easier and much more fund to do things with a friend, especially if we need support in any given area. Weight Watcher's success, for example, is due in large part to the camaraderie and support of the weekly group meetings. Exercise experts have long encouraged us to find walking buddies to make sure we exercise when we're not in the mood. The same could be true for money management.
It’s easy to slip into bad (read: expensive) habits when you’re the only one monitoring your finances. Rather than feel you have to face your finances alone, get a money buddy. A money buddy is someone you trust and who has similar financial goals. There are investment groups that exist all over the country. The American Association of Individual Investors was created in 1978 to provide education and support to investors.
A Fresh Look At Goal Setting - Part 2
In the last article, I discussed the advantages of goal setting and suggested a three-tiered approach. Tier One is the "doing" level of goal setting and deals with the "what" of our goals. This is the level we are most familiar with and operate in most of our lives.
Level Two involves developing specific competencies. The third level of goal setting is a process of shifting our Way of Being. At this level, attention shifts from learning a new skill and becoming competent to actually developing specific personal qualities that will support positive and enduring change. At levels one and two, we deal with our relationship or interaction with a set of objectives. At level three, we deal with the relationship we have with ourselves, intentionally looking beyond the desired outcome to include a more holistic perspective of what we want to achieve.