One of the biggest challenges we all face is planning for retirement. The future is impossible to predict, and the further away we are from retirement the more difficult it is to determine what our financial needs may be when the time comes. A comfortable retirement depends on knowing how much money you'll need -- but knowing how much you need also depends on knowing who you are. "One size" does not fit all.
Are you a big spender? ...If you expect to enjoy your retirement by traveling a lot, for example, then you'll need a pretty sizable nest egg. Or, if you want to move to a more expensive location so you can be near the golf course, by the lake, or at the seashore, you'll need more money for that, too. It goes without saying: the bigger your retirement dream, the bigger the bank account you'll need.
Are you a workaholic? ...While it may be an attractive thought, the idea of not working for the rest of your life may actually make you miserable. Retiring at a later age or maintaining some kind of part time work in retirement may be better for you.
When did you start saving for retirement, and how much are you saving for it every year? Obviously, the sooner you can start saving the better... It is always wise to start saving and investing for retirement as early as possible and to allocate as much money for it as you can along with saving for your other, more immediate needs. This is especially true in today's world of dwindling pension plans and faltering Social Security & Medicare programs. Maximizing contributions to qualified retirement plans during your working years that offer tax-deferred growth, such as 401k plans and IRAs which can provide a variety of investment choices and diversification, is essential to maximizing long term growth of your retirement savings... But what kind of investor are you? What types of investments suit your personal tolerance for risk? Typically, the greater the potential return on an investment, the higher the risk. The lower the potential return, the lower the risk. The younger you are, the more risk you may be able to take. But the older you get, the less risk you may be willing to take. Your choice of investments depends on your answers to these kinds of personal questions. You'll want to be able to sleep at night while you let your money work for you, both before and after retirement.
If you are the kind of person who likes to live for today as if there's no tomorrow, then your current spending habits may require you to save a lot more the older you get. On the other hand, if your personality is such that you tend to save money wherever or whenever you can, you're more likely to have saved what you need at an earlier age.
Whatever the case may be, no financial advisor or consultant can tell you who you are. No one knows you better than you know yourself. Planning for retirement is as much of an art as it is a science. The "science" is about financial awareness, knowledge and discipline. The "art" is about personal awareness and how you apply your financial knowledge and discipline.
събота, 29 март 2008 г.
петък, 21 март 2008 г.
Business Marketing , Marketing Ideas and Marketing Strategy
Business Marketing
Business marketing is expensive. Despite adequate funding, even large national businesses often find it difficult to develop successful marketing campaigns. And, with an increasing number of businesses marketing through every imaginable communication avenue, it is becoming increasingly hard to attract the attention of consumers.
For successful business marketing, you need to develop a proper business marketing plan, and then gauge its performance for your business growth. There are many things that your business marketing plan needs to address and these points may include some of the following:
What are your business marketing goals?
This actually delineates what are you looking for. What goals you have set for your business and what are you looking to achieve through your marketing plans?
Deciding business marketing system. Every growing business should address the need of Internet or online marketing. Apart from the conventional advertisement systems in newspapers, magazines, online marketing tools should be incorporated in the business marketing plan, which may include: search engine optimization, e-mail marketing, banner ads, etc.
At the end, we can say that business marketing has grown wide and wild with the added horizons of Internet and online business, and a business owner should be proactive enough to handle the situation steadily and should incorporate all possible techniques for better business marketing plans and strategies.
However, there are non-marketing approaches to business marketing. They generally require less money to implement and are often more effective. The only catch is that they require time and creativity to develop. Here are some examples:
Database Business Marketing
Whether you're a partner in a consulting firm, a house painter, or president of an international conglomerate, database marketing is crucial for your success.
Database marketing can be simple or sophisticated. The key is that instead of just having a mailing list of prospective customers or a single list of current customers, you can use a computer to evaluate and manage the information more precisely.
For example, you may want to send a reminder mailing to every customer once a year; a monthly mailing to more active customers; and even place a phone call from time to time to your very best customers.
Business Fax Marketing
Broadcast fax marketing is a great way to reach a large target audience. If you have a generic fax to send to many locations at a specific time, you can set many fax machines and most computer fax programs to dial multiple numbers. If your customers rely on you for updates and product changes, then broadcast faxing is a terrific way to communicate that information.
Business Marketing With Coupons
You don't have to distribute coupons in print advertising or in big direct mail campaigns. You can hand them out on the street corner, at trade shows, or just about anyplace else. You can send a few to your best customers, or you can include "next purchase" coupons in customer orders.
Busines Marketing With Counter Displays
Counter displays are sometimes called prepacks when the display also serves double duty as a counter item. Merchants generally use counter displays for low-priced items that a consumer might decide to purchase on impulse while they are waiting for sales assistance or standing at the cash register. Small novelty items are ideal for counter displays.
There are almost as many opinions and views on marketing as there are companies to market. The big names and multinationals will have an extraordinary amount of funding set aside in which to convey their marketing message to the masses.
Once you are getting the returns that you want from the first media, or if you decide that it is not working for you, you can branch out into another form of busines marketing. Over time you will build up a very diverse marketing plan.
Moreover, business marketing is a process that involves researching, informing and persuading customers in taking hold of products and services in an effort to increase sales as well as to increase the sharing or the transfer of ideas between the business and its customers. Although the process of business marketing may take a great amount of time nevertheless a well planned business marketing solution will result to a more stable influx of sales revenue most especially when customers' trust in your company is built. All future marketing endeavors will promise sweet success.
Business marketing is expensive. Despite adequate funding, even large national businesses often find it difficult to develop successful marketing campaigns. And, with an increasing number of businesses marketing through every imaginable communication avenue, it is becoming increasingly hard to attract the attention of consumers.
For successful business marketing, you need to develop a proper business marketing plan, and then gauge its performance for your business growth. There are many things that your business marketing plan needs to address and these points may include some of the following:
What are your business marketing goals?
This actually delineates what are you looking for. What goals you have set for your business and what are you looking to achieve through your marketing plans?
Deciding business marketing system. Every growing business should address the need of Internet or online marketing. Apart from the conventional advertisement systems in newspapers, magazines, online marketing tools should be incorporated in the business marketing plan, which may include: search engine optimization, e-mail marketing, banner ads, etc.
At the end, we can say that business marketing has grown wide and wild with the added horizons of Internet and online business, and a business owner should be proactive enough to handle the situation steadily and should incorporate all possible techniques for better business marketing plans and strategies.
However, there are non-marketing approaches to business marketing. They generally require less money to implement and are often more effective. The only catch is that they require time and creativity to develop. Here are some examples:
Database Business Marketing
Whether you're a partner in a consulting firm, a house painter, or president of an international conglomerate, database marketing is crucial for your success.
Database marketing can be simple or sophisticated. The key is that instead of just having a mailing list of prospective customers or a single list of current customers, you can use a computer to evaluate and manage the information more precisely.
For example, you may want to send a reminder mailing to every customer once a year; a monthly mailing to more active customers; and even place a phone call from time to time to your very best customers.
Business Fax Marketing
Broadcast fax marketing is a great way to reach a large target audience. If you have a generic fax to send to many locations at a specific time, you can set many fax machines and most computer fax programs to dial multiple numbers. If your customers rely on you for updates and product changes, then broadcast faxing is a terrific way to communicate that information.
Business Marketing With Coupons
You don't have to distribute coupons in print advertising or in big direct mail campaigns. You can hand them out on the street corner, at trade shows, or just about anyplace else. You can send a few to your best customers, or you can include "next purchase" coupons in customer orders.
Busines Marketing With Counter Displays
Counter displays are sometimes called prepacks when the display also serves double duty as a counter item. Merchants generally use counter displays for low-priced items that a consumer might decide to purchase on impulse while they are waiting for sales assistance or standing at the cash register. Small novelty items are ideal for counter displays.
There are almost as many opinions and views on marketing as there are companies to market. The big names and multinationals will have an extraordinary amount of funding set aside in which to convey their marketing message to the masses.
Once you are getting the returns that you want from the first media, or if you decide that it is not working for you, you can branch out into another form of busines marketing. Over time you will build up a very diverse marketing plan.
Moreover, business marketing is a process that involves researching, informing and persuading customers in taking hold of products and services in an effort to increase sales as well as to increase the sharing or the transfer of ideas between the business and its customers. Although the process of business marketing may take a great amount of time nevertheless a well planned business marketing solution will result to a more stable influx of sales revenue most especially when customers' trust in your company is built. All future marketing endeavors will promise sweet success.
сряда, 12 март 2008 г.
Money Management Tips
Good money management skills are indispensable for a happy life. Such skills don't only affect the financial aspect of your life. They could also affect your ability to make sound decisions in your relationships and emotional health. Because money management can have such a tremendous impact on your life, you have to hone your skills in it. Here are a few tips for wise money management that, when followed, will help improve the quality of your life through better financial control, increased savings, and better decision-making when it comes to spending.
1. Keep track of where your money is going.
It is very important that you know where exactly your money is going. Paying attention to how you are spending your money is a major step in managing your finances. It would be helpful if you write down all your expenditures for a certain period of time, say weekly or monthly. Once you have done this, you can evaluate your record and try to curtail all of your unnecessary expenses.
2.Spend your money wisely on things of lasting and/or appreciating value.
Most people spend their money on expensive things that have no lasting value, such as clothes, gadgets, and cars. They purchase these things at the expense of those that really matter like property, education, and insurance, among others. In other words, invest your money in things that would be useful to you in the long run.
3. Make a budget suited for you and make sure you stick to it.
Design a budget according to your income and expenditures. Make sure that a certain amount of your income goes to savings and reducing your debt. Analyze your budget and check what expenditures you can cut down on. Once you have a budget, make sure you follow it so that you would be able to avoid overspending, gain greater financial control, and eliminate stress.
4. Make sure to set aside some money.
Using your budget as a reference, determine how much money you can save. We are able to reserve some money for our rent, phone bills, and other obligations so it wouldn't be that hard to treat savings as another form of obligation to ourselves. By having extra money kept in the bank, you'll be sure to have something to use when an emergency arises, say, when all of a sudden you find yourself finding it hard to keep up with your credit card payments.
5. Go for debt consolidation if you think it will help you.
You may resort to debt consolidation. This involves merging all of your balances into one loan at a lower interest rate at an extended period. Doing so will help you in the short-run since your monthly expenditure will be reduced to an amount that you can handle given the limit of your income. However, you must consider that debt consolidation will keep you indebted for a longer time, thus stretching your interest payments and will result in a bigger overall amount that you have to pay.
1. Keep track of where your money is going.
It is very important that you know where exactly your money is going. Paying attention to how you are spending your money is a major step in managing your finances. It would be helpful if you write down all your expenditures for a certain period of time, say weekly or monthly. Once you have done this, you can evaluate your record and try to curtail all of your unnecessary expenses.
2.Spend your money wisely on things of lasting and/or appreciating value.
Most people spend their money on expensive things that have no lasting value, such as clothes, gadgets, and cars. They purchase these things at the expense of those that really matter like property, education, and insurance, among others. In other words, invest your money in things that would be useful to you in the long run.
3. Make a budget suited for you and make sure you stick to it.
Design a budget according to your income and expenditures. Make sure that a certain amount of your income goes to savings and reducing your debt. Analyze your budget and check what expenditures you can cut down on. Once you have a budget, make sure you follow it so that you would be able to avoid overspending, gain greater financial control, and eliminate stress.
4. Make sure to set aside some money.
Using your budget as a reference, determine how much money you can save. We are able to reserve some money for our rent, phone bills, and other obligations so it wouldn't be that hard to treat savings as another form of obligation to ourselves. By having extra money kept in the bank, you'll be sure to have something to use when an emergency arises, say, when all of a sudden you find yourself finding it hard to keep up with your credit card payments.
5. Go for debt consolidation if you think it will help you.
You may resort to debt consolidation. This involves merging all of your balances into one loan at a lower interest rate at an extended period. Doing so will help you in the short-run since your monthly expenditure will be reduced to an amount that you can handle given the limit of your income. However, you must consider that debt consolidation will keep you indebted for a longer time, thus stretching your interest payments and will result in a bigger overall amount that you have to pay.
събота, 8 март 2008 г.
Bad Credit Mortgages no Problem
Bad Credit Mortgages no Problem.
With Simply Mortgages bad credit mortgages and adverse credit mortgages. If you have a poor credit rating, have been issued a CCJ, have defaulted on payments or have claimed bankruptcy or voluntary insolvency, finding the best poor credit mortgages to suit your needs can be difficult.
Simply Mortgages Bad Credit Mortgages shortens the process of finding cheap poor credit mortgages by having sourced the best UK bad credit mortgage lenders and making these available to you.
Gone are the days of repeating your details time after time over the phone or typing details into many different websites. With Simply Mortgages its quick and easy to find the best product and it will take only minutes. If you don't find the cheapest CCJ Mortgage then simply we have not done our Job.
With access to a wide range of products that cover all circumstances we have the capability to find something to match your individual requirements. So relax and let us do the legwork to help you find the solution to your mortgage needs. We will also now pay your standard Legal Valuation Fees.
This is against difficult US and European stock markets that seem to be entering a Volatile time, and this is set to continue for the short to medium term. The question is how will this impact on the UK Mortgage market. The full implications are not yet known but here at simply mortgages principles remain the same that we are here to help in getting you the best Self Certification Mortgage, bad credit mortgage, CCJ Mortgage or just simply Fast Home Loan advice.
If you are looking for UK Mortgage Advice then Simply Mortgage should be the first point of contact. We have trained advisors that are looking to help you arrange that First Time Buyer Mortgage . First time buyers suffer twice normally they have little or poor credit ratings and to a arrange a mortgage product can be difficult. This is again where simply mortgages can help again in finding you the correct product in this volatile time. I can not answer if know is the best time to buy, that decision is to you.
With Simply Mortgages bad credit mortgages and adverse credit mortgages. If you have a poor credit rating, have been issued a CCJ, have defaulted on payments or have claimed bankruptcy or voluntary insolvency, finding the best poor credit mortgages to suit your needs can be difficult.
Simply Mortgages Bad Credit Mortgages shortens the process of finding cheap poor credit mortgages by having sourced the best UK bad credit mortgage lenders and making these available to you.
Gone are the days of repeating your details time after time over the phone or typing details into many different websites. With Simply Mortgages its quick and easy to find the best product and it will take only minutes. If you don't find the cheapest CCJ Mortgage then simply we have not done our Job.
With access to a wide range of products that cover all circumstances we have the capability to find something to match your individual requirements. So relax and let us do the legwork to help you find the solution to your mortgage needs. We will also now pay your standard Legal Valuation Fees.
This is against difficult US and European stock markets that seem to be entering a Volatile time, and this is set to continue for the short to medium term. The question is how will this impact on the UK Mortgage market. The full implications are not yet known but here at simply mortgages principles remain the same that we are here to help in getting you the best Self Certification Mortgage, bad credit mortgage, CCJ Mortgage or just simply Fast Home Loan advice.
If you are looking for UK Mortgage Advice then Simply Mortgage should be the first point of contact. We have trained advisors that are looking to help you arrange that First Time Buyer Mortgage . First time buyers suffer twice normally they have little or poor credit ratings and to a arrange a mortgage product can be difficult. This is again where simply mortgages can help again in finding you the correct product in this volatile time. I can not answer if know is the best time to buy, that decision is to you.
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