Business success is never easy. It’s especially difficult for a young company. While luck certainly plays a part – having the right product at the right price at the right time – success is often a result of setting clear goals, creating realistic plans, testing the marketplace, and reviewing what worked and what didn’t work […]
Tag Archives | money management
The world we live is greatly digitalized with new gadgets and technology which you can’t even think off. It is getting upgraded day by day and insisting us to explore the new trends and features which will make you thing awesome while using them.
What is the person’s worst nightmare? It is being in severe debt and not finding any way to cope up with it. This terrible situation feels like a dreaded scourge looming the person’s life and his family. He gets dunning notices and threat from his creditors to pay back the money or else, the rest […]
At a political and economic level, we all know that those who control the money have the power. In personal relationships, it is no different. Control over money can be used in either a beneficial or detrimental way by one person to control another. The way in which money is managed in a relationship very […]
Our forebears lived through hard times and, if they were alive today, would no doubt remark that we live in luxury by comparison. Despite their meagre household incomes and large families, by enlarge they were able to provide the essentials of life for their families without handouts from the Government and without going broke. Their […]
Cash flow is the life blood of any small business and those business owners who fail to juggle the balance between money in and money out do not succeed. It doesn’t matter if a product or service is the best thing since sliced bread; lack of cash flow will stop a business in its tracks.
The OECD has recently released the results of a survey of financial literacy skills and knowledge for 15 year olds in its member countries. Overall, New Zealand students have a relatively high level of financial literacy when compared with other countries, with 1 in 5 having advanced skills and knowledge.
Look at your spending over the last year and you will no doubt find that, aside from your mortgage or rent, your biggest expense is food. Cutting back on how much you spend on food each week is a great way to find a few extra dollars to add to your savings. Food bills can […]
It is said that the older you get, the faster time goes, and if you subscribe to that view, the best time to think about where you would like to spend the last part of your life is sooner rather than later. Later in life, the effects of aging make it harder to analyse complex […]
A survey of around 1000 New Zealanders over the age of 18 undertaken on behalf of the Commission for Financial Literacy and Retirement Income in May this year shows some interesting statistics about how people use their money. These surveys have been undertaken every six months since November 2011 and show fairly consistent results.