Technology has changed the landscape on how businesses can accept payments for goods and services. The old days of collecting cash payments and then taking them to the bank to deposit them into a business checking are becoming outdated, as new forms of payment processing take hold. If you are starting a new business, here are seven payment options you need to consider to make your payment processing easier and faster. BACS The BACS (Banker’s Automated Clearing Scheme) payments system allows you to accept direct debit authorisations from customers and it allows you to make direct credit payments to the...
Introduction to third-party litigation funding: Best, briefly defined as the’ financing of litigation by an independent person(s) not party to the litigation, in return for a share of the winnings where the outcome is successful’, third-party litigation has grown rapidly in the past five years. So some advice for solicitors considering third-party funding: Why do they need third-party funding? The best answer here is that their clients need it. Without third party funding many would-be litigants would simply have to abandon any hope of pursuing their claim to justice. With the best interest of their clients at heart the solicitor...
Litigation funding, or third-party funding as it is also known, is by far the most popular and effective method of acquiring financial support for an impending court case. This method is widely used across the whole of England, Wales, the US and Australia. But as its positive reputation grows worldwide, how are other countries implementing it? Litigation funding in other parts of the world is still a growing trend, especially compared to its use and success in England and Wales. The thing to remember is that other countries have varied attitudes and laws, including their opinions and methods towards maintenance...
Have you ever wondered how to sell on Craigslist but did not know where to turn to get started? Well you have stumbled to the right place to learn how to make a quick buck by selling on Craigslist. We will also teach you how not to get screwed by selling on Craigslist. If you are not familiar with Craigslist please go take a look, it is the largest and most popular classifieds in the world. If you own a small business or have unwanted items in the garage then you have come to the right place to learn how...
As a Jeep owner I am happy to share this video. This post is sponsored by Jeep. It has been a busy week with work as working in finance it is month end and the financial situation like so many other businesses around is not doing good. Seeing first hand the money that the organization is bleeding does not give me that warm and fuzzy feeling, but it also makes me look inward to tidy up my own finances to make sure that I have my money in order. So here is what my wife and I have done since...
Almost all of us wish we were more productive, well the biggest secret to productivity I have found is time management! If we could eliminate procrastination and manage our time efficiently what we accomplish can be amazing. In this article I share the 3 simple time management steps I learned while I was getting my business degree. Procrastination is the enemy of time management and counterproductive to achieving goals. However, with a little insight, planning, goal setting and action procrastination can be a thing of the past. Step #1 – Make A List The first step in time management...
Well there have been a lot of things going on the website the past few weeks. My to-do list keeps growing and growing of things that I need to update. Being a novice at this web design stuff this is taking alooooot longer than I usually anticipate. I have been burning the midnight oil these past few days trying to get all these enhancements/improvements off the ground. I am excited as I am a few weeks away from launching another website designed by the same guy that did all this logo and design work on this site. Here is a...
As a modern man who really cares about his hygiene and physical appearance, you should have a collection of relevant grooming essentials at your disposal. Grooming essentials not only allow you to take good care of yourself, but they also allow you to create a good impression, hence enhancing your personality. Some of the most recommended grooming essentials that you should have include: 1. Skin Care Products Skin care products are not only meant to improve the texture of your skin, but they also make your make you look younger and youthful by giving you a toned and moisturized skin. However, not...
There are times when we do not have enough vacation time or just not enough funds to take a full blown vacation but we still need to get away. Have you ever been in this situation where work and life has gotten the best of you and need a little break? Chances are if you are like me it has; well have you ever thought of a weekend getaway or cheap city breaks? Traveling on a budget is one of the ways that I love to travel the most. My wife and I rarely stay at the same place twice when...
Applying to study for an MBA (Master of Business Administration) degree can be a wonderful opportunity and a great investment in your future career. However it is also a big decision to make, as MBAs are usually expensive and time consuming. There are a number of things you should know before you take the plunge. This article will help you with what to consider before pursuing an MBA degree. Before applying to study for an MBA you should consider that these qualifications can be very expensive. Depending on where you choose to study will affect how expensive the course will...
The harsh realities of the job market can halt anyone in their tracks. We never want to receive that dreaded rejection letter but in reality they just didn’t feel that you were a fit for their organization. Good or bad try to make the best out of it, there are other jobs out there that may better suited to your talents. The long and short of it from this post is because recently I applied to a position that I did not receive the job. Some could say that it bruised the ego a bit, but it is a business...
As long as you pay off your balance, using a rewards credit card for everyday purchases is a smart money move, but there are a few tricks to stack additional savings on top of the credit card rewards you are already earning. Use these 4simple tips to get the most possible cash back rewards when buying what you need: 1. Shop online whenever possible. Here are just a few of the many reasons why: The electronic cart helps you stay in your budget Less temptation at checkout for impulse buys No pressure from the sales staff Ability to use online...
Welcome to the Festival of Frugality Milton Friedman edition. While working in the field of finance/economics we become cognizant of others who have made an impact in our line of work. Milton Friedman was born this day in 1912. He was an economic advisor to Ronald Reagan and his monetary theory influenced the Federal Reserves response to the global financial crisis. He was named by The Economist as the most influential economist of the second half of the 20th Century. If you are bored Google his name there is a great deal that he contributed to modern day monetary policy...
With so many people I know having children, this question comes up a lot. What is a smart investment that you can give a baby? As a parent it is essential to start saving for your child at a very young age. The power of compounding can work wonders! Today more than ever people are entering college to pursue advanced degrees. I think setting up a 529 plan for your child is a great decision for their future. Who knows what the future holds but you can be certain that saving for an education for them is a safe bet. ...
In case you are not aware of what Storage Wars is, it is a television show on A&E where people bid on lockers at storage facilities. They get 5 minutes to look inside from the doorway and they cannot open or touch anything in the units. The show follows 4 personalities as they go from facility to facility, each one having their own style and persona. One of the lead personalities is David Hester who owns Hester Auctions. He did not always own the thrift shop and auction house; in fact in 2005 the shop was a furniture store. Hester...
You are not seeing double, this is my new logo. Well last night I broke the infamous 200,000 Alexa mark. I can hear the crowd roaring….like when Bubba Watson won the Master’s yesterday! If you haven’t noticed by a few mentions in the posts I am an avid golfer or should I say hacker. The timing couldn’t be more perfect. A few weeks back I was scouring the Craigslist ads looking for a graphic designer to design me a professional logo. If you would like to see the old one click here. What do you think? If you are anything...
That’s right I would like to buy your site. Last night as I was doing my usual musings I received an email soliciting to buy my site. Of course, I responded to hear them out, but as I sent off the response I sat there imagining myself a lottery millionaire. The longer I sat there the greater the manifestations in my head. Then it hit me back to reality, how are they going to value my site? I began to think of a way on how to value my site. There were a few ways that popped into my head....
Childhood….Ahhh those were the days of no responsibility where my only recollection of money was that my parents had it and I needed it to buy candy or that new toy. But what I do remember as a youth was that my parents subscribed to Encyclopedia Britannica. I asked my mom a while back how they ended up with the encyclopedias and she gave me the spiel where a salesman came door to door saying something about how it was going to be the way of the future. They had just had me as their first child and they didn’t...
Now that I have your attention, you are probably scratching your head wondering why that would be on a personal finance website. Shame on you for thinking that!! What would your mother say? The word is in the news all over the world now. That magical word is BUDGET. The congressional budget, state budget, city budget, your personal budget, budget for that trip, some websites use that as part of their web address…this budget that budget… What in the world does the word budget even mean? According to my good friends over at Merriam Webster here are the origins of budget: Middle...
I don’t know where this one came from. I was sitting there yesterday thinking (not thinking in the bathroom) and I started rattling off ways to save some money in the bathroom. These ideas are not going to require any major design changes to your bathroom. Sure you look at the picture above and think where can I possibly save any money. The bathroom is probably one of the most frequented locations in the house and these simple changes can add up over the year. Water Saver – add a water saving showerhead to your shower and this can cut up...
Well here it is the Five For Friday. Another week has come and gone and we continue to pump out the articles. It has had its share of ups and downs over there past month and a half, from late nights to early mornings. A lot of great comments and plenty of feedback received via email. Thank you and keep those suggestions coming. I really appreciate it. Here is what I have been reading this past week that has really kept my interest and even provoked some commenting. Homeownership may not be for everyone but here are some lessons learned. ...
Peyton Manning – Franchise Quarterback of the Indianapolis Colts is a free agent. I am not a regular follower of football but I have heard who this gent is. Potentially the best quarterback to ever play in Indy or maybe best quarterback ever in all of football. This article isn’t going to talk about all those statistics that he has amassed, but we really could because finance covers stats and various ratios. If he was on the roster at the start of the league year he was to be owed $28 million dollars as a bonus. Did you hear that...
I was reading an article last week that made the motion that adjustable rate mortgages (ARM) are dying. For starters, adjustable rate mortgages are loans where the interest rate changes periodically. Generally they are a good option when you are buying a house and the prevailing fixed rate mortgages rates are high. This notion did not surprise me because interest rates are at historic lows for fixed rate mortgages. You would be silly not to lock in a mortgage at these rates now, the interest rates are likely not going to get any lower than they are in your life...
We just graduated college and just got our first real job. Great! Congratulations! Now what? As we make our way through our first few weeks on the new job we are bombarded with emails, packets of information on everything under the sun from employee discounts to the dreaded RETIREMENT word, eeek. Well you stumbled across the right website to point you in the right direction. I will have you sipping those dirty martinis out at the beach house enjoying the afternoon rays. You are set up at your desk and looking around at the mountain of paperwork that HR has...
