Posted by: admin in Credit Cards,Debt,Personal Finance on November 29th, 2011

In his book, Retire Young, Retire Rich, Robert Kiyosaki’s rich dad quoted, ‘All debt is good debt. But not all people know how to use debt, so they turn good debt into bad debt.’ Explaining further, Kiyosaki said that most people know how to get into debt, but the problem is they get into debt and get poorer. He pointed out that debt can be used as a leverage to be financially free, but most people do not know how to use debt in their favor.

True enough, we have heard of countless stories of people getting into debt, some even reaching breakdown due to credit card woes. Many resort to denial and eventually hiding, then haunted by the collection department about overdue payments. It is therefore very important to stress out the responsibility of owning a credit card. The best security that a credit card holder can do is to know the credit card rules as well as the various charges added to the monthly bills. Basically, one has to pay at least the minimum due each month to maintain a good standing. If you are not able to make a payment, it is best to coordinate with the bank before they call you as most banks can help you make a special arrangement and discuss ways to work on finances charges, late charges, etc.

Credit cards can indeed work in your favor to improve your financial standing. When used wisely, it can give you the advantage of purchasing power especially if you have a business. It can also help you build a good credit history which is a valuable asset when applying for car loans or mortgages. If there are horror stories of the use of credit cards, there are also those who enjoy the benefits of owning a credit card as a safer and more convenient tool to make online and phone purchases. Remember that a credit card is an unsecured loan and along with its benefits comes the responsibility of owning one.


Posted by: admin in Business,Home-based business,Marketing,Online Marketing,Sales,SEO on November 12th, 2011

Businesses whether big or small face tough competition with numerous enterprises both local and abroad. Running a business effectively and efficiently means looking into all aspects of the business, from operations to finance, added to a detailed strategy on handling marketing strategies. Communications, nowadays, is spelled as cellphones, Internet and VOIP (Voice over Internet Protocol). Awareness through Internet marketing is indeed very crucial to give your business a competitive edge.

Through the Internet, global competitiveness is made possible as it does not matter if you have a small business compared to the established global players in a particular industry. As long as you have a great knowledge and skills of the service or product that you are offering and at the same time have the appropriate strategies in achieving your goals, your business has a great potential towards success. Indeed, innovation is key to any business given the rapid change in technology and current events.

The Internet is vital especially for time-sensitive businesses, the great news is that the Internet is one of the fastest ways to transmit data, alongside mobile phones. Your company’s website should contain information about who you are, what you offer, and a portfolio of your products/services. Communication is key so it is important that you place your business in a rightful position to reach your target market and find opportunities where you can present what you offer. Having a company website is an effective tool as you should be accessible via search engines like Google. Further studies, exposure to different styles and techniques in your industry, and always being on the look out for trends would elevate the level of your business.