Mar
29
Relationship?
Filed Under Singles & Dating | 4 Comments
CHIQUITITA
I am a forty-seven year old single female and I met this fella over the internet. He is seventy years old. I know there is no such thing as a perfect relationship but he has alot of family issues that are effecting our relationship in a negative way. We seem to get along well other than that and he has told me he loves me! He allows trivial things to get in the way and acts like a child at times instead of his real age. Should I be patient weather the storm or is there too much of an age difference?
I am a forty-seven year old single female and I met this fella over the internet. He is seventy years old. I know there is no such thing as a perfect relationship but he has alot of family issues that are effecting our relationship in a negative way. We seem to get along well other than that and he has told me he loves me! He allows trivial things to get in the way and acts like a child at times instead of his real age. Should I be patient weather the storm or is there too much of an age difference?
Mar
28
Profit Maximization Approach – The Financial Management Objectives
Filed Under Finance | Leave a Comment
Kamlesh Patel
The company must take the investment and the decisions of financing on a basis of continuation. To take the wise optimum and the decision, a clear arrangement of the objectives is a need. There are two approaches broad-discussed concerning objectives financial management. One is approach of maximization of benefit and second is approach of maximization of richness.
In this article we are discussing on Profit Maximization Approach
The objectives are employed in the direction of a criterion of goal or decision for the decision implied in financial management.
Profit maximization approach
The economists believes that one long period that the maximum benefit of income is the single goal of any organization of businesses, because that will also lead to the optimum allocation of resources. Actions which increase the benefit of companies are undertaken and those which decrease the benefit are avoided. Thus, of the prospect for the economic theory, the maximization of benefit is simple a criterion of economic efficiency. There is also an extensive agreement which under the perfect competition, where all the prices reflect true values exactly and consume them are quite informed, benefit maximizing the behavior by companies leads to the effective allocation of resources and the maximum good social being.
The rationale behind profit maximization objectives is simple. A business firm is s profit seeking organization. Profit is a test of economic efficiency, It is assumed to lead to efficient allocation of resources, It ensure maximum social welfare
Limitation of profit maximization objectives
The concept of the benefit is vague
The definition of the benefit of limit is vague and ambiguous. Does it refer to the gross profit or profits after tax? Total benefit or benefit by share? The benefit is interpreted by various people in various manners.
Ignores time value of money
The fact that one rupee received today is of more than value than one rupee received later. This concept is to lead been unaware of to the errors in decision making.
It ignores risk
The future advantages can have various degrees of certainty. The more certain the return envisaged is, the more is its high value or reciprocally more is the return envisaged dubious. More is its lower value. This concept is also completely ignored. It also arranges the two proposals implying various degrees of risk.
A system based on the private property and the maximization of benefit could be effective, but it carries out it leads to the serious inequality of the income and the richness among various groups. Naturally, the contrary argument is that the company as a whole is clearly easier because it leads to the optimum allowance of the resources of the company.
The company must take the investment and the decisions of financing on a basis of continuation. To take the wise optimum and the decision, a clear arrangement of the objectives is a need. There are two approaches broad-discussed concerning objectives financial management. One is approach of maximization of benefit and second is approach of maximization of richness.
In this article we are discussing on Profit Maximization Approach
The objectives are employed in the direction of a criterion of goal or decision for the decision implied in financial management.
Profit maximization approach
The economists believes that one long period that the maximum benefit of income is the single goal of any organization of businesses, because that will also lead to the optimum allocation of resources. Actions which increase the benefit of companies are undertaken and those which decrease the benefit are avoided. Thus, of the prospect for the economic theory, the maximization of benefit is simple a criterion of economic efficiency. There is also an extensive agreement which under the perfect competition, where all the prices reflect true values exactly and consume them are quite informed, benefit maximizing the behavior by companies leads to the effective allocation of resources and the maximum good social being.
The rationale behind profit maximization objectives is simple. A business firm is s profit seeking organization. Profit is a test of economic efficiency, It is assumed to lead to efficient allocation of resources, It ensure maximum social welfare
Limitation of profit maximization objectives
The concept of the benefit is vague
The definition of the benefit of limit is vague and ambiguous. Does it refer to the gross profit or profits after tax? Total benefit or benefit by share? The benefit is interpreted by various people in various manners.
Ignores time value of money
The fact that one rupee received today is of more than value than one rupee received later. This concept is to lead been unaware of to the errors in decision making.
It ignores risk
The future advantages can have various degrees of certainty. The more certain the return envisaged is, the more is its high value or reciprocally more is the return envisaged dubious. More is its lower value. This concept is also completely ignored. It also arranges the two proposals implying various degrees of risk.
A system based on the private property and the maximization of benefit could be effective, but it carries out it leads to the serious inequality of the income and the richness among various groups. Naturally, the contrary argument is that the company as a whole is clearly easier because it leads to the optimum allowance of the resources of the company.
Mar
27
James Smithsonian
How do drinks like diet iced tea or the slenderize versions of “Fuze” compare to water when watching what you eat? These drinks have 0g of Fat, 0-5 Calories, no sugar, and no high fructose corn syrup. They seem like they would be just fine to drink as long as you drink plenty of water in addition to them. What do you say?
Per user request the carb count:
Fuze Slenderize: 1g
Diet Iced Tea: 0g
How do drinks like diet iced tea or the slenderize versions of “Fuze” compare to water when watching what you eat? These drinks have 0g of Fat, 0-5 Calories, no sugar, and no high fructose corn syrup. They seem like they would be just fine to drink as long as you drink plenty of water in addition to them. What do you say?
Per user request the carb count:
Fuze Slenderize: 1g
Diet Iced Tea: 0g
Mar
27
Remy Na
It may not be affecting you directly, but the recent economic turbulence (which is supposedly heading for disaster) is just a example of what you may be facing the day you graduate and enter the job market. And, as those affected by the current economic crisis may tell you, now is probably the time to look at how you spend your money and to be more critical on those decisions you make which could affect the course of the rest of your life. Take debt for example, something which seems fine initially because you have a job (hopefully) and therefore will be able to afford the monthly instalments. But did you consider the other things you might be spending on which will add to your monthly expenses? Probably not.
The following will serve as a basic blueprint of financial management for students – those still at school and those at college or university.
Create A Balance Sheet
Now is the best time to explore the basics of financial management. First and foremost is the use of a balance sheet detailing the various incomes and putting them in contrast with the various expenses. Which one is greater? Are you already in debt?
Oddly enough, most people recoil in shock when they put things down on paper for the very simple reason that spending is more of a continuous thing that a once off payment. Would you pay $8, 000 for a car this minute? No, probably not. Would you pay a monthly instalment of $100 for the same car right now? It’s the same way with spending: a myriad of little things accumulating over a period of time which could put you in an awkward position.
What You Need vs. What You Want
The bliss about being a student is that those things you need to spend money on are often less than those things you want to spend money on. But, when work starts and the responsibilities start mounting, these two soon switch around leaving many people unprepared for the sudden change. Along with your balance sheet, make a list of things you really need like housing, food, travel expenses, medical expenses, etc.
Budget
This is probably one of the last things you want to hear, but budgeting could set you on the road to riches faster than you think. This can be explained with the maxim: It takes money to make money. Saving now will give you that financial edge which could take years to reach before you are in a position to invest in those opportunities which capable of adding multiple digits to your bank balance.
As a final tip, and probably the most important one, educate yourself on the consequences of not having effective financial management strategies. Examples are abundant and will help you realise which mistakes not to make so that you may reach the top sooner.
It may not be affecting you directly, but the recent economic turbulence (which is supposedly heading for disaster) is just a example of what you may be facing the day you graduate and enter the job market. And, as those affected by the current economic crisis may tell you, now is probably the time to look at how you spend your money and to be more critical on those decisions you make which could affect the course of the rest of your life. Take debt for example, something which seems fine initially because you have a job (hopefully) and therefore will be able to afford the monthly instalments. But did you consider the other things you might be spending on which will add to your monthly expenses? Probably not.
The following will serve as a basic blueprint of financial management for students – those still at school and those at college or university.
Create A Balance Sheet
Now is the best time to explore the basics of financial management. First and foremost is the use of a balance sheet detailing the various incomes and putting them in contrast with the various expenses. Which one is greater? Are you already in debt?
Oddly enough, most people recoil in shock when they put things down on paper for the very simple reason that spending is more of a continuous thing that a once off payment. Would you pay $8, 000 for a car this minute? No, probably not. Would you pay a monthly instalment of $100 for the same car right now? It’s the same way with spending: a myriad of little things accumulating over a period of time which could put you in an awkward position.
What You Need vs. What You Want
The bliss about being a student is that those things you need to spend money on are often less than those things you want to spend money on. But, when work starts and the responsibilities start mounting, these two soon switch around leaving many people unprepared for the sudden change. Along with your balance sheet, make a list of things you really need like housing, food, travel expenses, medical expenses, etc.
Budget
This is probably one of the last things you want to hear, but budgeting could set you on the road to riches faster than you think. This can be explained with the maxim: It takes money to make money. Saving now will give you that financial edge which could take years to reach before you are in a position to invest in those opportunities which capable of adding multiple digits to your bank balance.
As a final tip, and probably the most important one, educate yourself on the consequences of not having effective financial management strategies. Examples are abundant and will help you realise which mistakes not to make so that you may reach the top sooner.
Mar
27
What does Financial Management include?
Filed Under Finance | Leave a Comment
Joseph Then
We know what is financial management. It’s a personal decision in making wise choices about our cash. Financial management involves a lot of areas. Here, I list out 5 of the most important areas that you should know.
These are the main areas you should concentrate because it is these areas that we either mismanaged our money, or it will enable money to work for us.
The following are the key areas that you should look at:
Cash flow management
This involves assessing your current net financial net worth (what you own minus what you owe). This should generally tell you whether you are on your way to financial freedom or financial disaster.
In short, most financial experts would advise you to keep a high savings and this should be your MAIN PRIORITY in financial planning.
Investment planning
Once you have decided the amount of money you would like to save, you should consider where to put your savings with the aim of getting a higher returns than your normal savings account.
Forget the 2% p.a. interests for saving. You require something more sophisticated than that! At a minimum, you should go for fixed deposits. Otherwise, a good investment program will be nice.
Insurance planning
Insurance planning is required to in ensure that all your properties are protected and that your family members are well protected by having enough insurance coverage.
Tax planning
The topic of tax planning affects everyone who receives income, yet it is an area that is mainly forgotten or forgotten by most individuals. Therefore, this area involves strategies making the most under the local tax regulation in the area of your income, stocks, real estate, and property.
Retirement planning
You are not going to toil your whole life, are you? When old age symptoms begin to kick in or you have reached the mandatory retirement age, you will want to retire. There is no choice.
Therefore, having a retirement plan regardless of of your age is essential! You wouldn’t want to be forced to go back to work due to lack of money!
Estate planning
Having an estate plan or a will shall ensure that your wishes for the future are carried out. In addition, an estate plan or a will can supply financial protection for your family, ensure your property is preserved and keep off dispute among family members.
The above are just 5 of the many other financial decisions. It is important to take note of your above 5 becasue they are mainly responsible for your financial success or failure.
We know what is financial management. It’s a personal decision in making wise choices about our cash. Financial management involves a lot of areas. Here, I list out 5 of the most important areas that you should know.
These are the main areas you should concentrate because it is these areas that we either mismanaged our money, or it will enable money to work for us.
The following are the key areas that you should look at:
Cash flow management
This involves assessing your current net financial net worth (what you own minus what you owe). This should generally tell you whether you are on your way to financial freedom or financial disaster.
In short, most financial experts would advise you to keep a high savings and this should be your MAIN PRIORITY in financial planning.
Investment planning
Once you have decided the amount of money you would like to save, you should consider where to put your savings with the aim of getting a higher returns than your normal savings account.
Forget the 2% p.a. interests for saving. You require something more sophisticated than that! At a minimum, you should go for fixed deposits. Otherwise, a good investment program will be nice.
Insurance planning
Insurance planning is required to in ensure that all your properties are protected and that your family members are well protected by having enough insurance coverage.
Tax planning
The topic of tax planning affects everyone who receives income, yet it is an area that is mainly forgotten or forgotten by most individuals. Therefore, this area involves strategies making the most under the local tax regulation in the area of your income, stocks, real estate, and property.
Retirement planning
You are not going to toil your whole life, are you? When old age symptoms begin to kick in or you have reached the mandatory retirement age, you will want to retire. There is no choice.
Therefore, having a retirement plan regardless of of your age is essential! You wouldn’t want to be forced to go back to work due to lack of money!
Estate planning
Having an estate plan or a will shall ensure that your wishes for the future are carried out. In addition, an estate plan or a will can supply financial protection for your family, ensure your property is preserved and keep off dispute among family members.
The above are just 5 of the many other financial decisions. It is important to take note of your above 5 becasue they are mainly responsible for your financial success or failure.
Mar
26
Loans UK – Tools for Financial Management
Filed Under Loans | Leave a Comment
amenda dorothy
Many Brits find themselves in a fix when they are left with no money. The modern demanding lifestyle leaves them with little option and many are not able to save enough for the rainy days ahead. In such difficult times, they have to opt for borrowing money.
Loans are the traditional tools of financial management. Of course, you have to be little circumspect not to indulge too much in loans. Otherwise, these may prove more of a trouble than a tool for financial management. As a borrower, you have to fulfil two fundamental conditions – you must be a UK resident and eligible to enter into a contract. It means that you must be above 18 years of age.
A borrower can be a homeowner or a tenant. In the UK, loans can be applied online. Different types of loans UK are available for the borrowers. These loans have different terms and conditions. A loan taken against your home is likely to be more economical than that taken without any security. The former one will also involve flexible loan conditions. These conditions may provide you flexibility in the repayment period and flexibility in the manner of repayment. The rate of interest can be variable, fixed or capped.
The monetary policy committee of the Bank of England fixes base rate of interest. It reviews the rate from time to time. Any change in the base rate would be reflected in the loan take on variable rate of interest. However, if you have taken out a loan on fixed rate of interest then it would remain independent of any change in the base rate of interest, at least for a specified period. In case of capped rate of interest, a ceiling is specified beyond which the rate of interest cannot move. So, when taking out loans UK you should consider the effect of these terms and conditions.
Many Brits find themselves in a fix when they are left with no money. The modern demanding lifestyle leaves them with little option and many are not able to save enough for the rainy days ahead. In such difficult times, they have to opt for borrowing money.
Loans are the traditional tools of financial management. Of course, you have to be little circumspect not to indulge too much in loans. Otherwise, these may prove more of a trouble than a tool for financial management. As a borrower, you have to fulfil two fundamental conditions – you must be a UK resident and eligible to enter into a contract. It means that you must be above 18 years of age.
A borrower can be a homeowner or a tenant. In the UK, loans can be applied online. Different types of loans UK are available for the borrowers. These loans have different terms and conditions. A loan taken against your home is likely to be more economical than that taken without any security. The former one will also involve flexible loan conditions. These conditions may provide you flexibility in the repayment period and flexibility in the manner of repayment. The rate of interest can be variable, fixed or capped.
The monetary policy committee of the Bank of England fixes base rate of interest. It reviews the rate from time to time. Any change in the base rate would be reflected in the loan take on variable rate of interest. However, if you have taken out a loan on fixed rate of interest then it would remain independent of any change in the base rate of interest, at least for a specified period. In case of capped rate of interest, a ceiling is specified beyond which the rate of interest cannot move. So, when taking out loans UK you should consider the effect of these terms and conditions.
Mar
24
Project Financial Management – 10 Key Steps to Streamline Your Business
Filed Under Project Management | Leave a Comment
Colin McNally
Over the past decade or so we have been constantly bombarded with news about private and public projects that have either delivered scope at well over the expected budget or had to reduce scope to even come near to the original budget. Current thinking within project management methodologies only discuss the financial aspects of a project at a high level, leaving the “student” without any real way of working to greater understand the impact of their decisions on the financial results of the programme. In turn, the business case development is usually given minimal time and is a rushed job in the end. Investing in the correct people and time up front to review feasibility and secondly the business case is a must to ensure the total on target delivery of a project.
In the financial climate we are in, where budgets and costs are being cut, the time is now to ensure that whatever funding a company has available, that they invest it wisely – to do that you need to ensure that the project in the end – budget, costs and benefits are comprehensively reviewed.
With this in mind – using the Pathfinder Project Management Methodology as a basis, below are the 10 key steps to successful project financial management
(1) On new projects – invest time creating accurate feasibility studies and business cases, if this is a rushed job – in the end the results will deliver overspends.
(2) Review your project portfolio – are you carrying out the correct projects, are they nice to haves, are they being done for internal political gain – ensure each business case is robust and adds value to the future of the firm – spend time using previous experienced individuals to review and re-review the business case.
(3) Concentrate reviews just as hard on the benefits as the cost. In 80% of projects, once they are in, nobody wants to go back and review if they delivered as promised. So ensure from the start of the project you continuously check that as well as costs being on budget, that changes to your project have not altered your benefits.
(4) Cost cutting is not always the answer – allocate resource to “added value” projects – in today’s world cutting heads is a an easy short term fix, do not throw out the baby with the bath water and leave the firm with projects in-flight with no experience to deliver them. Instead review your project spend and as in (2) concentrate on adding value.
(5) Workforce development – up-skill their financial management knowledge, develop staff in leadership, health and safety, motivation etc – so when you put a non-finance manager in charge of a large project, is it not about time they were given the financial know-how. Don’t leave financial management to chance – develop your workforce.
(6) Break down the project into financially manageable sections. Too many projects work on the basis of a “pot of cash” – spend it as per the budget and if luck is with them, great! Instead take the “pot” and break it down into manageable sections – mapped to your project structure, that way you can see where budgets are by “workstream” and what ones are over/underspending.
(7) “one point of contact accounting” – too many managers will lead to budget overspend – following on from (6) above – The overall programme manager is responsible for the budget in total, at the same time each head of the projects parts should then be responsible for managing their part of the budget. This leads to one finance manager dealing with one project manager, ensuring a consistent relationship.
(8) Deliver focused and meaningful financial reporting to enable accurate decision-making. More is less – agree on what reporting is required from the project at the start and continuously improve until it is what the project needs to manage the programme of work. Because an accountant can deliver 20 pages of analysis a month to each project manager it does not mean that it’s correct – save the trees – minimise the reporting and improve the decision making.
(9) Communication – have a strong relationship between your project and finance manager. Finance cannot be back office, they need to be part of the project team and be seen to be so, and therefore open and honest communication channels lead to no surprises.
(10) Finance should be made aware of all potential risks / issues and a probable cost – if a problem has or may arise warn finance early, finance will be limited to what they can do to assist “after the event”.
Over the past decade or so we have been constantly bombarded with news about private and public projects that have either delivered scope at well over the expected budget or had to reduce scope to even come near to the original budget. Current thinking within project management methodologies only discuss the financial aspects of a project at a high level, leaving the “student” without any real way of working to greater understand the impact of their decisions on the financial results of the programme. In turn, the business case development is usually given minimal time and is a rushed job in the end. Investing in the correct people and time up front to review feasibility and secondly the business case is a must to ensure the total on target delivery of a project.
In the financial climate we are in, where budgets and costs are being cut, the time is now to ensure that whatever funding a company has available, that they invest it wisely – to do that you need to ensure that the project in the end – budget, costs and benefits are comprehensively reviewed.
With this in mind – using the Pathfinder Project Management Methodology as a basis, below are the 10 key steps to successful project financial management
(1) On new projects – invest time creating accurate feasibility studies and business cases, if this is a rushed job – in the end the results will deliver overspends.
(2) Review your project portfolio – are you carrying out the correct projects, are they nice to haves, are they being done for internal political gain – ensure each business case is robust and adds value to the future of the firm – spend time using previous experienced individuals to review and re-review the business case.
(3) Concentrate reviews just as hard on the benefits as the cost. In 80% of projects, once they are in, nobody wants to go back and review if they delivered as promised. So ensure from the start of the project you continuously check that as well as costs being on budget, that changes to your project have not altered your benefits.
(4) Cost cutting is not always the answer – allocate resource to “added value” projects – in today’s world cutting heads is a an easy short term fix, do not throw out the baby with the bath water and leave the firm with projects in-flight with no experience to deliver them. Instead review your project spend and as in (2) concentrate on adding value.
(5) Workforce development – up-skill their financial management knowledge, develop staff in leadership, health and safety, motivation etc – so when you put a non-finance manager in charge of a large project, is it not about time they were given the financial know-how. Don’t leave financial management to chance – develop your workforce.
(6) Break down the project into financially manageable sections. Too many projects work on the basis of a “pot of cash” – spend it as per the budget and if luck is with them, great! Instead take the “pot” and break it down into manageable sections – mapped to your project structure, that way you can see where budgets are by “workstream” and what ones are over/underspending.
(7) “one point of contact accounting” – too many managers will lead to budget overspend – following on from (6) above – The overall programme manager is responsible for the budget in total, at the same time each head of the projects parts should then be responsible for managing their part of the budget. This leads to one finance manager dealing with one project manager, ensuring a consistent relationship.
(8) Deliver focused and meaningful financial reporting to enable accurate decision-making. More is less – agree on what reporting is required from the project at the start and continuously improve until it is what the project needs to manage the programme of work. Because an accountant can deliver 20 pages of analysis a month to each project manager it does not mean that it’s correct – save the trees – minimise the reporting and improve the decision making.
(9) Communication – have a strong relationship between your project and finance manager. Finance cannot be back office, they need to be part of the project team and be seen to be so, and therefore open and honest communication channels lead to no surprises.
(10) Finance should be made aware of all potential risks / issues and a probable cost – if a problem has or may arise warn finance early, finance will be limited to what they can do to assist “after the event”.
Mar
23
thetalltexan
Ok- I went on a low carb diet and I found a list of foods for snacks, but not many recipes or dinner/lunch ideas except wraps. Can anyone give me suggestions?
Also- I am on a low carb diet b/c it is the only thing I have found that eases my stomach pains after meals. Tried lots of diet adjustments and cutting out unnecessary carbs is the only thing that keeps me feeling good. I will and love to eat whole grain foods.
Ok- I went on a low carb diet and I found a list of foods for snacks, but not many recipes or dinner/lunch ideas except wraps. Can anyone give me suggestions?
Also- I am on a low carb diet b/c it is the only thing I have found that eases my stomach pains after meals. Tried lots of diet adjustments and cutting out unnecessary carbs is the only thing that keeps me feeling good. I will and love to eat whole grain foods.
Mar
21
relationship?
Filed Under Singles & Dating | 3 Comments
frankfurter27
Ok ladies, I have a question for you. Lets say that you were to break up with a guy that you really loved and had been together with for at least a year or so, and then say four months later or so you guys start talking and you see that he has made a lot of changes for himself and it turns out that he really wants the same things in a relationship that you do. If you’re still single at the time, and you know that he has made a lot of changes to help himself and the relationship, would you regret it if you decided not to give him another chance and see where it takes you? Just so you know, we didn’t have any problems with cheating or abuse or drugs or anything like, so it was nothing astronomical. So I just would really like to know if you would give a guy another chance if he has shown you that he has really made some changes that will benefit both himself and the relationship.
Ok ladies, I have a question for you. Lets say that you were to break up with a guy that you really loved and had been together with for at least a year or so, and then say four months later or so you guys start talking and you see that he has made a lot of changes for himself and it turns out that he really wants the same things in a relationship that you do. If you’re still single at the time, and you know that he has made a lot of changes to help himself and the relationship, would you regret it if you decided not to give him another chance and see where it takes you? Just so you know, we didn’t have any problems with cheating or abuse or drugs or anything like, so it was nothing astronomical. So I just would really like to know if you would give a guy another chance if he has shown you that he has really made some changes that will benefit both himself and the relationship.
Mar
20
Denise Austin 192
Filed Under Howto | 6 Comments
empireofdenise
Workout