MAKING THE MOST OF A GIG ECONOMY – ARE FREELANCE JOBS VIABLE?

The ability of human beings to adapt to different situations and come out winning on the other side is something that has stood us in good stead over ages.

Ever since one of the biggest bubble bursts of our time, the Great Recession of 2008, blindsided us with a huge 8 trillion dollar deficit, we have changed the way we look at work. During the recession, 8.4 million jobs were lost in the US labor market alone. This had a domino effect worldwide with a huge glut of finances and jobs.

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3 Ways to Ace Your Consulting Case Interview

Every aspiring consultant you will encounter will have one agenda in their upcoming case interview – to show the interviewer that consulting is the right job for him/her. As such, once you get that notice from the recruiter that an upcoming interview schedule has been set, then your mind should be conditioned to winning as well.

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Why You Need the Cheap Coilovers in the Best Manner

The Cheap Coilovers absorb the movements and vibrations transmitted by the roadway. It guarantees interior comfort, handling, and protection of the vehicle’s components. The spring is a constituent element of the suspension. Characterized by many parameters, it is blades or helical. Here is an article helping to choose a spring for the suspension of his vehicle.

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Fats make you Fats? – Clear Your Misconception

There will be an ever ending argument regarding the fat intake, whether to indulge ourselves with it or not? Which form to take and which not to? How much to consume and what’s not enough? Earlier there were crazy diet programs which restricted us from having any kind of fats, but thanks to recent research and diet programs like Atkins and low-carb Keto diet which is running in opposite direction optimizing the fat intake.

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5 Must Have Productivity Tools While Traveling

Working remotely has some serious perks, but it’s not without its drawbacks, as well. While it can be nice to work when and where you want without any set hours, it can also sap you of your productivity if you’re prone to distraction.

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Yes Bank suspects foul play and strives to overcome losses.

Considering the present financial situation, where RBI shares a rather cold relationship with the Indian government, Kotak Bank chief, Mr. Uday Kotak is left with no other alternative than to liquidate his shareholding to <20%. This has to be done to comply with RBIs promoter shareholding regulations.

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How to Keep from Falling Behind Your Competitors

One of the main goals for any business, or the business owner, is to stay ahead of competitors. More than likely you are not the only business within your niche, and you have other companies vying for customers. If you aren’t careful, these businesses will get ahead of you, and before long you’ll be falling behind. To keep this from happening, there are a few strategies that you can employ.

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A Comprehensive Guide to Business Expansion into New Markets

When You are Ready to Expand into New Markets – Here is Your Guide

A Guide for Businesses that are Considering New Market Expansions

 Author Thomas L. Friedman (The World is Flat, 2005), has produced an intriguing look at economic globalization in the 21st century and its potential for huge trade expansion, outsourcing, as well as impact on business practices and raising millions of people out of poverty. Continue reading “A Comprehensive Guide to Business Expansion into New Markets”

Will Trump Tariffs Harm Small Businesses?

Unless you have spent the last week on the dark side of the moon, you know that Mr. Trump has latched on to one of his favorite issues – trade.  With that, he has pushed through new tariffs on aluminum and steel despite the warning from members of his own party and from leaders around the world.
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Vital Details To Establish Your Retail Business’s Reputation

If you’re attempting to establish a reputation for your business, there are an incredible number of details that you have to pay attention to. Some are more important than others, however. And that’s why you have to make a list of what these particular action items are, and keep them as high priorities throughout your business endeavors. Continue reading “Vital Details To Establish Your Retail Business’s Reputation”

How to Achieve Your New Year’s Resolutions

‘I’ll try again next year,’ and other phrases characterize most of our attitudes towards New Year’s resolutions. By February, most of us are back to our previous year’s habits with a tinge of guilt that slowly fades as the year progresses. If you’re among said demographic, it’s not entirely your fault; we are creatures of habit, making change very hard. Continue reading “How to Achieve Your New Year’s Resolutions”

How to Make Your Teenager Child Financially Responsible

For parents, their child always remains a kid even when they have grown up to be responsible adults. However, keeping emotional ties aside, it is the duty of every parent to teach their child to be responsible. While parents want to ensure that they offer the best of everything to their kid, it is also their unsaid duty to raise financially responsible children.

From a very young age, children tend to pick up a lot simply by observing their elders. Hence, parents need to put in extra efforts to ensure that their teenager child is financially responsible.

Tips to inculcate financial responsibility amongst teenagers

Teenagers are usually burdened with school work, sports, and extracurricular activities,but what affects them most is peer pressure. Before they start comparing and make attempts to match their lifestyles with their friends, it is important to teach them finances. Helping your child manage his/her ownmoney is the biggest financial planning lesson you mayimpart.

  • Share financial responsibilities

 

One of the most important aspects is for teenagers to understand the value of money. The sooner they understand, the better they will manage their finances. Teenagers often tend to ask for monthly pocket money from their parents. Fix a certain amount. Do not provide an additional sum, even if they are penniless by the end of the month. Being strict at this stage will go a long way.They need to know that it is not an unlimited resource and should not be wasted. By sharing financial responsibilities with teenagers, you will give them the freedom to spend on what they can afford and what they consider important. This will indirectly help them curb overspending. If your child overspends in a particular month, he/she will learn not to repeat the same in future.

 

  • Do not be overprotective

 

Every individual learns from his mistakes, and so will your child.Do not run to cover up for his/herblunders. If they make wrong decisions with their money, let them help themselves to come out of the situation. Do not pay off their credit card balance for them. You can always guide them and help them in financial planning to manage their expenses, but do not handhold them in every instance. This is because if they know that you are there as a last resort, they might repeat the mistake in future.

 

  • Set the right example early in life

 

Children learn from their parents and it is your responsibility to bea good example for them. If you are someone who makes quick decisions and overspends, your child will do the same. If you are someone who saves a certain percentage of your income each month, your child will learn from it and follow your footsteps. Inculcate the habit of saving in your child and teach them the importance of investing right. Include them in your financial decisions so that they are able to learn about the best investment options. Take them out shopping with you and restrict to a budget or let them go shopping for themselves, but ask them to stick to a limit.

 

  • Encourage them to get a job

 

Children in their late teens usually look for part-time jobs during summer breaks or post-exam vacations. Encourage them to do the same as this will not only give them a practical approach to life, but will also help them utilize their time productively. Do assist them in managing their wages. Their initial wages may not be very high; this will compel them to save money and invest. This way, they will not overspend or take a debt that is difficult to repay.

Once your children begin to earn, you need to bring financial discipline in their life and teach them to save money. You can help them choose the best investment options and inculcate the habit of investment in high-return assets. Teenagers might not be able to understand the importance of investing initially, but at a later stage, they will be thankful for the steps they took. If they know that financial planning has helped you and your family in the long run,they will adopt the same approach in their life.

The Angel Wealth mobile application is an ideal tool for your child. It has an ARQ investment engine that functions on algorithms and offers customized investment recommendations to you. It is free of human biasand will offerthe right investment options to your child. Download the user-friendly app today and let your child start investing.