April 2012

Don’t Pay for Depreciation

04.30.2012
avoid depreciation car

Per dictionary.com, depreciation is the decrease in value to due wear and tear, decay, decline in price, etc. Well, according to this definition, we can’t avoid depreciation. When we buy something new, the price will start to decline soon after due to wear and tear. Even if we buy used items, we will use those things up until they are broken or worn out. So how can we avoid depreciation? It is difficult to avoid depreciation completely, so what we can do instead is to avoid the largest part of depreciation by buying used. The easiest example of this is [...]

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The Importance of Business Efficiency

04.29.2012

The following is a guest post.  In tough economic times like these, businesses are particularly aware of their outgoings and how they match up to levels of productivity. Getting the most out of the tools at your disposal is essential to succeeding as a business and that is why so many businesses devote so much time to optimizing performance and efficiency, both in and out of the office. For companies struggling to reach satisfactory levels of efficiency, follow these tips for success. Connectivity and Efficiency One of the most effective ways of ensuring that you can get the most out of your [...]

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What’s Your Ultimate Goal?

04.27.2012
ultimate long term goal

Do you have an ultimate goal?  If you can do anything at all, what would it be? Is it your current job? Many of us are so busy with day to day life that we don’t have time to think about what we really want for our future. When you don’t have a long term goal, your objective is only to get through the day/week/month. Years will have flown by and you will still be doing the same thing with no direction. You need to visualize your ultimate goal and make your way there. Are you currently doing what you [...]

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Book Review: The Psychology of Wealth

04.25.2012
psychology of wealth

The Psychology of Wealth: Understand Your Relationship with Money and Achieve Prosperity by Dr. Charles Richards is a bit different than the usual personal finance book that I’ve been reading lately. This book won’t show you how to become a millionaire or get out of debt. Dr. Richards worked with many successful people and he showcases what helped them become successful. In our society, we often equate money with success, but this is not the whole story. Many rich individuals struggle with inner demons and fears. They have a lot of money, but are not happy. Is that success? Wealth is [...]

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