Cross my palm with debit cards - not silver! While the financial gurus are wringing their hands over the rise in credit card debt, consumers are going their merry way with their debit cards. The use of debit cards has increased more than 50 percent in just seven years, and banks see profit in the trend. They're cranking up the frequent flier and other rewards to encourage debit card use.
If you and your spouse pass away leaving minor children, have you selected someone to serve as their guardian? Have you chosen someone to manage their finances?
Day one: Make sure your organization has tests and yardsticks to measure performance. Are you measuring the most important things or just things you have always measured?
Everyone would agree that a structured sales method is needed for maximum efficiency, yet we all know of companies that ignore this fact. Without a set of steps or structure, sales are lost or ineffective so the process in use has to be assessed.
I recently attended an investment seminar and received the following information which is taken from a paper written about personal finance by two professors of finance and insurance, David Babbel and Craig
The Los Angeles Times recently ran an article that suggested personal liability against a Home Owner Association ("HOA") board member for giving legal advice without having a license to practice law and various blogs are now available for homeowners to ask for help and/or criticize their board members.
What is your organization's overall vision? Where are you going to be in three to five years?
Both the buyer and seller have the same question in mind: What is this business worth? This is where information becomes king! You can never have too much information when making a decision like buying or selling your small business. Most people see the worth of a business as the total value of equipment and fixtures, inventory, buildings and land. These are definitely important, but the sum of these values does not equal the value ...
Many business owners understand that if they divorce their spouses, they may have some liability to pay spousal support. But did you know that you also may have to buy your spouse out of your business?
A recent article in the May 12 issue of U.S. News & World Report addressed the mistakes people make when the market is very volatile and discouraging like we are experiencing these days. Even people with
Dear Job Seeker: We have posted this letter on the company's Web site and it is also available to individuals who come to our office and ask our receptionist if we are accepting applications.
The advantage to my readers of my column is that you get the benefits from either what I'm currently doing or the research brought about by a reader's query. Today's column is a result of the latter. When one of my readers asked for information about selling a business, I realized that this wasn't something I was familiar with so it entailed doing some research. What follows is a part of that research that might ...
An index that measures the percentage of households at risk of being financially ill-equipped for retirement was launched in Washington D.C. in June, 2006. It was touted as the most comprehensive measure of its kind by many in the financial world.
In good times and more challenging times, leaders have to stand for something. Here are the four commitments a leader needs to make for themselves and the people they are responsible for:
Now that you have followed all the directions for doing your "due diligence" making sure your Internet banking company is legitimate, let's look at the advantages:
Peggy Noonan wrote a column in the Wall Street Journal on April 20 about her attendance at Margaret Thatcher's London funeral service. She commented that Mrs. Thatcher was often frustrated with her staff. Thatcher once said to her aides, "I don't need to be told what, I need to be told how."
Heated market conditions fueled by a tight inventory and strong sales in higher-cost coastal regions drove California's median home price in March to its highest level since May 2008. Local prices, right here in the Santa Clarita Valley are headed higher, too.
This week I'd like to introduce a company in a far different place compared to just a year ago. The organization has gone from despair to celebrating success. At the end of the first quarter of 2013, the owner said his company had "…Increased sales, reduced costs and improved our overall financial position in terms of positive cash flow and profitability, as well as reduced debt."
This is part two of a two-part column.
Some homeowners who are still struggling to avoid foreclosure may soon benefit from streamlined rules that offer an easy way to lower monthly payments and modify their mortgage without requiring financial or hardship documentation.
Looking back on those individuals who were my bosses, a clear distinction comes to mind.
The only people who benefit when a house is built are the family members who get to live there, and the builder who constructed and sold the home, right?
This column is part one of a two-part column.
In 1970 I started my first official job. I worked nine hours a week at a small grocery store. For the next two years I grossed $11.25 a week.
The residential housing resale market in the Santa Clarita Valley continued to recover during February, with sales and prices up to their highest levels in years.
There is a terrific exchange in the courtroom drama "A Few Good Men." Colonel Jessup, played by Jack Nicolson, turns from being a witness in a court martial to being the prosecutor when he asks Lieutenant Kaffee, played by Tom Cruise: "Have you ever spent time in an infantry unit, son?"
Is your business prepared for a disaster? While it is not something any of us like to think about, businesses should have a disaster plan in place.
Most people understand the basic economic principle of supply and demand and incorporate it into their daily decisions. They may not do it consciously, but economic decisions are made every day by each and every one of us.