Business and Finance Analysis

Archive for the ‘Management of Money’ Category

PayPal is a type of payment service providers on the internet.
If I personally, I think Bank Online.
What is the use PayPal?
Maybe if for domestic transactions, could be a transfer between bank accounts.
Well, how when transacting abroad (outside Indonesia)?
It would be difficult if the transfers between bank accounts because banks in Indonesia is different from a bank abroad.
Well, with this PayPal, the transaction will facilitate payment or receipt of money. I myself often use this PayPal when transacting with business partners from Outer Indonesia. For example, when there are buyers, buyers from the United States and Saudi Arabia, then they pay me the video through PayPal (pay pake dollars). Imagine, if no PayPal, once paid will bother to check, like when I receive money from Google Adsense before, using a check, already long delivery checknya, also large pieces (fortunately now been using Google Adsense Western Union).
Well, So it is very important to have accounts / account at Paypal account and that account is verified. An unverified paypal account can only receive cash up to 100 dollars, while the verified paypal account can be more than 100 dollars (can be without limit)
For those who want serious entrepreneurship via the Internet, I suggest having
accounts / account at Paypal.

For registration in Paypal, it’s FREE.

For a list, can pass my paypal affiliate link, which is in the link REGISTER FREE PAYPAL.

Well, make sure your paypal is already registered, verified also.
And now the good news is the verification does not have to use credit cards (credit card) or VCC.
Now, Verify Paypal can with a regular savings account.
So if viewers want to verify Paypal account, then it could with a regular savings account

For help on verification, just follow the guide of PayPal, once you sign up PayPal

Money management is the process of managing money. It includes investment, budgeting, banking and taxes. It is also called investment management.

Money management is a strategic technique employed at making money yield the highest of interest-yielding value for any amount of it spent. Spending money to provide answers to all cravings (regardless of whether they are justifiable or not to be included in budget basket) is a natural human phenomenon. The idea of money management techniques is developed to plummet the amount individual, firm and institutions spends on items that add no significant value to its living standard, long-term portfolios and asset-basins. Warren Buffett, in one of his documentaries, admonished prospective investors to embrace his highly-esteemed “frugality” ideology. This is the basis of every sound money management formulas. The following are powerful techniques that can be employed in making every expense made to be worth it:

1. cutting your budget on social needs
2. avoid any snob-appealing expense
3. always go for the most cost-effective alternative (establishing small quality-variance bench-mark, if any)
4. increase expenses more on interest bearing item than any other thing
5. establish the expected benefits of every desired expense using the canon of plus/minus/nil to standard of living value system.

These techniques are investment-boosting and portfolio-multiplying.

1) We are in the information age. Today, what you have learned becomes obsolete quickly. What you learn is important, but not as much as how fast you learn, change and you adapt to new information.

2) Financial Education. We need more education but not the traditional type. Each student now needs financial literacy education is needed to convert money earned in their profession in long-term wealth and financial security.

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You know, really, what is money? Do you know how to create the same?

Surely many may have a vague idea, but will feel really amazed at the complexity of the issue. At the time I also did a little definition or answer to those questions throughout the book I realized it really was a total ignorant about what I thought I knew.

With this last expression I leave a short “snack” on the money, I mentioned the concept of “thought he knew” and there precisely lies one of the main problems of money paradoxical.

The money is “a belief based on another belief” that simple piece of paper or coins is simply a belief on our part that we believe that for others is important. I propose a short exercise to better understand what I just mentioned:

Suppose you because of a plane crash ends up as a castaway in the middle of a desert island. Already for a few days began to despair, is just that even Wilson (friend of the famous ball in Tom Hanks movie “Cast Away) can help. Suddenly the water floating currency in two suitcases that happen to be yours.

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A few days ago I wanted to comment on the book I’m reading now, but the times I have been quite complicated. Fortunately and apparently troubled times and have somewhat subsided.

The book that I read today in my free time is called “The Future of Money” and the author of it is Bernard Lietaer. In this post I will talk a little about it and expose details that so far I found extremely interesting, especially the little stories or comments that are in between.

In itself the book had a major effect on me. I remember being in a bookstore looking for something interesting to read and I found it. Usually books qualify for the description of its back and even through a brief introduction, but I must stress that this is the first book from the prologue where I’ve been attracted to keep reading.

Above all it shows in small events as mentioned earlier various crises that have happened in the world and highlights the case of Argentina as one of the pioneers in this series of crises to come.

The book itself says three promises that are really interesting:

1) We understand the true role of money in a clear and simple language that anyone can understand.

2) We may answer questions such as why we have increasingly less time and money? Why are people obsessed with money? Why is increasing the global currency turbulence? Why scarce productive work? Among many others.

3) discover that there is another way to deal with the global economy and where each of us can take part (and we should be) for it.

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