Money is intrinsic to most of life’s essential needs. It is our universal exchange system; it measures the value of our goods and services and provides security and certainty for our future. However, despite this, most people still do not manage their finances very well, if at all.
So, what are the consequences of not managing money?
Here are just a few:
• A life fraught with money problems.
• Not having the financial freedom to do the things you really want to do.
• No security.
• Tied to an unpleasant or unsatisfying job, simply because it pays the bills.
• Envy of others who have more than you.
• A restricted lifestyle.
• Lack of choices.
• Reliance on social security after your working years are over.
• Inability to be proactive in your life.
The only way to overcome money problems is to start taking matters into your own hands. You must become proactive and take some immediate remedial action.
You cannot change your financial past but you can change your financial future. Constructive change will only result when you decide to take control of your circumstances. Here are some of the benefits of managing money:
• A strong inner feeling of safety and security, knowing that your future is provided for.
• A happy life, full of choices.
• Doing the work you want to do.
• A stress-free life. There’s nothing more stressful than having severe money problems. It stops you from performing well in other areas of your life.
• Financial independence gives you the freedom to make life choices. You deserve to live the life you want.
• A feeling of peace and security.
Empirical studies have show that that along with job satisfaction and fulfilling relationships, being financially secure is one of the major factors that delay ageing and prolong life.
In Ageless Body, Timeless Mind, Deepak Chopra lists the positive and negative psychosocial factors that gerontologists use to predict longevity. Financial burdens and being in debt are listed as “negative factors that accelerate ageing” and feeling financial secure and living within your means are listed under “positive factors that retard ageing”.
As research has proven, learn to manage your finances and you can look forward to a long, prosperous and rewarding life.
By: Ann Marosy
Archive for October, 2009
If you’re looking for personal finance news, you need to check out CNN Money. This is one of the greatest sources for personal finance news that will provide you the latest news you need to understand from its web pages.
Once you keep your eyes wide open, you will realize that there are lots of online and offline personal finance news obtainable to you. Just try the CNN Money web pages if you want to find the valuable advantages offered there.
Get Something In Return
The significance of finance news that you need to understand is that you’ll be able to learn how to plan your personal finance appropriately. Besides, you’ll learn why financial planners actually charge people who avail of their service. Though, lots of news will try to make you understand that you should make certain that you will get something tangible in return for the money that you pay them even though there is no wrong with shelling out money to a financial advisor.
In the personal news, you will find that reader will be questioned on why they against to pay high fees to financial planners. Afterward, reader will learn the answer that there is actually nothing wrong in hiring a financial planner. This is completely wrong if people don’t recognize what they are paying for.
Accordingly, having whetted the reader’s interest regarding paying financial adviser’s their fees, this personal finance news article then goes on to inform readers what they should in fact be paying their financial planners. It’s thus good to learn that you pay the financial planner to make a good plan with which to manage risk. Additionally, this personal news will also provide you other useful information.
Lastly, one thing that can be concluded from personal finance news is that you must become conscious that whatever services are obtainable to you by the financial planner are based also on the planner needs and aren’t completely impartial.
By: Donald Glen
Accounting and finance schools are in the business of preparing leaders in financial accounting, from office administrators to professors at business colleges. Those with advanced skills in finance and accounting will have exceptional employment opportunities with major businesses, government agencies, schools, banks, tax services, and more. You can learn to be an accountant in two to four years from some of the best schools for accounting and finance.
When we think of accountants, we might think of those who simply audit financial accounts for various businesses, but there is a bit more to it than that. Those with even a few months of training in accounting and finance will have expertise that encompass much more than financial bookkeeping. Accounting and finance schools will impart in-depth education in finance and accounting that can include such skills as financial management, planning and executing financial ventures, analyzing investment schemes, understanding accounting technology, developing financial initiatives, and other important skills.
Some of the classes you can anticipate from a typical accounting and finance course would include preparing balance sheets, statements, journals, and ledgers; computation, classification, and verification of financial accounts; and accounting technology and software. Accounting and finance schools may also include instruction on banking, inventory management, cash flow and debt, business and personal tax preparation, payroll, accounts payable, accounts receivable; and much, much more.
The level of accounting and finance training that you should strive for depends on the position you will seek upon graduation. There are several levels of college degrees in finance and accounting, as well as certificates and diplomas. You can gain an entry-level education in accounting and finance with a certificate or diploma, but advanced positions will require at least an Associate of Science degree (AS). Naturally, employment and salary improvements will move up incrementally with associate and bachelor degrees in accounting and finance.
If you plan to go into teaching, or if you would like to become an expert in one specific area of business administration (such as e-commerce, education, estate planning, personal finance, insurance, investments, employee benefits, or income tax, for instance), you should seek a graduate degree from a good business school. Advanced degrees in accounting and finance would be the Master of Business Administration (MBA) and the Doctorate of Business Administration (DBA). However, if you just want to brush up on your finance and accounting skills, you will be pleased to know that many vocational accounting and finance schools are willing to provide professional certificate studies in accounting and finance.
So, if you think you would enjoy keeping track of other people’s money and working in high finance, a course in finance and accounting might be just right for you. The best part is you can anticipate lifelong employment and an excellent salary range. Ready to start now? Find Accounting and Finance Schools on our website and submit a request for more information today.
DISCLAIMER: Above is a GENERAL OVERVIEW and may or may not reflect specific practices, courses and/or services associated with ANY ONE particular school(s) that is or is not advertised on SchoolsGalore.com.
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By: Michael Bustamante