Samuel Rosenberg: Time is money

Samuel Rosenberg

NEW YORK, United States, Tuesday September 9, 2014 – Whether you run your own business or work for someone else, it is crucial that you understand that life is not all about making and spending money. Sometimes, our work schedules leave us with some extra time on our hands, it is vital that we find ways to spend that time wisely.

How do you spend your free time?

One way to fill your free time is working from home. Set up a blog or a website that revolves around something that is of interest to you. Spend your days off from your regular job researching, writing articles, taking photographs and finding content for your site in other ways. You can make money from your site by selling ad space. With a little promotion, you can earn some nice cash on the side to supplement your primary income.

Working at home can be done offline as well. There are a number of hobbies that you can turn into cash. For example, art, making jewellery, gardening, raising animals and more. Find something that you have a knack for that other people would pay for and you could build quite the nest egg in your spare time.

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Another idea for spending your free time wisely is through freelance work. If you have a skill that is useful outside of your regular job, such as IT work, construction or consultation, take advantage by doing a few extra jobs on the side. You could spend weekdays providing technical support to a major company and update software or the like in the area near your home. Advertise your services on your social networks or post an ad in the local paper and you can become quite the weekend warrior in no time at all.

One important aspect of life is often lost in the hustle and bustle of a full time career and that is our health. All too often we spend time riding in cars for the morning and afternoon commute, working late only to get up early, catching a bite to eat here and there of whatever is quick. Although your bank account is healthy, your body may not be.

Take the time you have away from your work schedule to work on you. Join a gym to life weights and use the equipment or invest in some videos that you can do at home. There are a number of activities that you can do that are not only fun, but also a great way to stay in shape. Outdoor activities, such as hiking, biking or just going for a walk every now and then, are a great way to spend your free time.

Whether you do side jobs, meditate or go for a run, make sure that you spend at least a little of the time that you have creating a better you. Time is a precious commodity; make sure that when you get a little extra you use it wisely.

George Gissing, a British Novelist, profoundly noted, “time is money says the proverb, but turn it around and you get a precious truth — Money is time.”

The writer is the founder and CEO of Axcel Finance Ltd., the leading regional microfinance institution. Share your thoughts and email your questions to srosenberg@axcelfinance.com

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Samuel Rosenberg: Time is money

Samuel Rosenberg: Breaking down financial jargon

Samuel Rosenberg

NEW YORK United States, Friday July 25, 2014 – You would have met people that try to use the longest and most complicated sentences to make them sound superior in your company, while not wishing to check whether you understand the flow of the conversation or not. When it comes to important financial matters, some people try to impress you with a constant stream of complex financial jargons. The good news is that you don’t have to be worried, and here’s why.

Learning about financial jargon isn’t difficult. If you think back to the first day when you started to learn English grammar, you may not have known the difference between verbs, nouns and infinitives. Those strange names, from the past, became much easier to understand as you were taught and educated by your teachers. Financial jargon is the same.

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Across the course of your lifetime you will be involved in a number of investment openings. You might be purchasing your first home; saving funds for your children’s education; seeking an opportunity to begin a business or looking towards your pension planning.

You will need to begin your investment journey by locating a professional financial adviser that can guide you through your first investment involvements. A friend or relative who has invested successfully is a good introduction to an advisor. Alternatively, your bank is likely to have an expert or be able to recommend one.

Your initial target is to find out about all of the products that are available in the marketplace and after close assessment, decide which are available to you and then which are right for your investment planning at that time.

You will need to give your financial advisor sufficient information about your current and future circumstances, so they can adapt to a plan that will help you choose the best investments for your needs. Over time, these needs may well change and once you have built up an education and knowledge about investment planning, you will be in a position to know which products and services will serve you best. There is a great deal of difference between saving money to buy land over the next two years against planning your retirement which might be 20, 30 or 40 years away. One will need a short-term focus and the other a much longer viewpoint.

You should always ask your financial advisor whether they are receiving commission from a company they are introducing to you or whether you must pay a management fee for their knowledge and investment advice. This will affect, or lower, the overall return on your investment and is a very important question to ask at an early stage.

There is absolutely no reason to be afraid of financial jargons. Every industry has its own jargon that people use every day. You will no doubt confuse your financial advisor when you talk about your own industry and use general jargon when you perhaps don’t even realise you are using it. The more knowledgeable you become, the better your chances are to make a higher return on your investments, so don’t miss the opportunity to gain the knowledge.

The writer is the founder and CEO of Axcel Finance Ltd., the leading regional microfinance institution. Share your thoughts and email your questions to srosenberg@axcelfinance.com

View the original article here

Samuel Rosenberg: Breaking down financial jargon

Samuel Rosenberg: Breaking down financial jargon

Samuel Rosenberg

NEW YORK United States, Friday July 25, 2014 – You would have met people that try to use the longest and most complicated sentences to make them sound superior in your company, while not wishing to check whether you understand the flow of the conversation or not. When it comes to important financial matters, some people try to impress you with a constant stream of complex financial jargons. The good news is that you don’t have to be worried, and here’s why.

Learning about financial jargon isn’t difficult. If you think back to the first day when you started to learn English grammar, you may not have known the difference between verbs, nouns and infinitives. Those strange names, from the past, became much easier to understand as you were taught and educated by your teachers. Financial jargon is the same.

Click here to receive free news bulletins via email from Caribbean360. (View sample)

Across the course of your lifetime you will be involved in a number of investment openings. You might be purchasing your first home; saving funds for your children’s education; seeking an opportunity to begin a business or looking towards your pension planning.

You will need to begin your investment journey by locating a professional financial adviser that can guide you through your first investment involvements. A friend or relative who has invested successfully is a good introduction to an advisor. Alternatively, your bank is likely to have an expert or be able to recommend one.

Your initial target is to find out about all of the products that are available in the marketplace and after close assessment, decide which are available to you and then which are right for your investment planning at that time.

You will need to give your financial advisor sufficient information about your current and future circumstances, so they can adapt to a plan that will help you choose the best investments for your needs. Over time, these needs may well change and once you have built up an education and knowledge about investment planning, you will be in a position to know which products and services will serve you best. There is a great deal of difference between saving money to buy land over the next two years against planning your retirement which might be 20, 30 or 40 years away. One will need a short-term focus and the other a much longer viewpoint.

You should always ask your financial advisor whether they are receiving commission from a company they are introducing to you or whether you must pay a management fee for their knowledge and investment advice. This will affect, or lower, the overall return on your investment and is a very important question to ask at an early stage.

There is absolutely no reason to be afraid of financial jargons. Every industry has its own jargon that people use every day. You will no doubt confuse your financial advisor when you talk about your own industry and use general jargon when you perhaps don’t even realise you are using it. The more knowledgeable you become, the better your chances are to make a higher return on your investments, so don’t miss the opportunity to gain the knowledge.

The writer is the founder and CEO of Axcel Finance Ltd., the leading regional microfinance institution. Share your thoughts and email your questions to srosenberg@axcelfinance.com

View the original article here

Samuel Rosenberg: Breaking down financial jargon

Samuel Rosenberg: The worst things you can do on a job interview

Samuel Rosenberg

NEW YORK, United States, Thursday July 3, 2014 – Once you know about all the worst things you can do during a job interview, you can plan and prepare properly so that you can commit to an excellent employment interview which will rapidly increase your chances of landing the job and increasing your financial reserves.

You would have heard that it is vital to make a good first impression when you go on a first date with a potential new partner because, according to experts, you make up your mind about somebody during the first five minutes when you meet them. Interviewers, even subconsciously will be using that same first five minutes to decide whether they are likely to employ you or not, so you need to plan to make a positive impact during the entire interviewing process.

You will know that it is wrong to turn up for an interview as a bank manager, dressed like you have just left the gym, because if you are not extremely presentable and wearing smart clean clothes, you may start your interview by providing a very poor first impression.

Even if the job doesn’t require you to be dressed smartly, it will still pay you to present yourself beyond the standards required during your interview. Dressing smartly, yet flamboyantly, may also prove off putting for the interviewer.

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You will be asked, at some stage during the interview, why you want the job. If you fail to answer the question with enthusiasm and conviction, the interviewer will know that you have not prepared an answer for the easiest question they will ask.

There are a range of questions you should ask and others that you should avoid at this early stage as they will only become valid if it is likely that you are to be offered the position.

Telling the interviewer which days you don’t want to work or asking how much holiday time is available, will make you sound as though you are bothered more about the time you’re not going to be at work, than when you are there.

Although you may wish to take your potential boss’s place in the next few years, it won’t help your application when you offend or threaten the interviewer’s own job.

When you are asked if you have any questions, the worst thing you can say is; “no”. This shows that you are not interested in the job, the company or the people involved. You should have at least three good questions ready to ask your interviewer so that even if they have already covered one answer for you, you still have two in reserve.

You can prepare questions to ask specific information about the job to show your level of interest. By asking about the immediate needs in your new workplace, they will understand that you wish to know about the challenges ahead of you. It is permissible to ask why the position has become available as this will let you know if a problem existed before that you can overcome or whether a new position is being opened at this time. By asking questions about the company, you will have proved that you have taken the time and effort to do your homework about the business.

People like to talk about themselves, so asking a little about your new manager’s background will give them the opportunity to talk while you weigh up whether you want to work with this person.

By asking about the next steps in the process, they will understand your level of interest in the position.

Leave your cell phone off during the interview, giving it no chance to ring, bleep or vibrate. Leaving it on will embarrass you and will show the interviewer that you haven’t prepared properly.

One of the ways that you can create a great first impression, is to follow up with your interviewer as soon as you can, by sending them an email to thank them for the meeting and to provide them with any positive points you forgot to mention, to correct any mistakes that you are sure they will have noticed and to highlight your major skills and applications. You won’t get every job you apply for, but you must learn how to make the best from your errors so that your next interview gives you a
better chance of being successful.

The writer is the founder and CEO of Axcel Finance Ltd., the leading regional microfinance institution. Share your thoughts and email your questions to srosenberg@axcelfinance.com

View the original article here

Samuel Rosenberg: The worst things you can do on a job interview