Clever Posts Of The Week – March 27th

Posted by Brock | March 27, 2015.

Today marks the end of my jury duty service time, and I didn’t have to report once.  I missed out on the opportunity to earn a whopping $10 a day.  Jury duty isn’t meant to be a financial boon, but it would have been interesting to be a part of a jury trial just to see what it’s like – since I have no plans to experience one as a defendant.  LOL.

Enjoy my favorite posts of the week!

Brought to you courtesy of Brock


Stress Less About Your Income with These Tips

Posted by James | March 26, 2015.

5af814e516324d1393bafb1f0d719a10Money worries are often cited as one of the biggest contributors to stress. Between monthly bills, credit card repayments, and rent/mortgage payments, there is little doubt that constantly worrying about how you are going to make ends meet is taking up a lot of your mental energy.

But what if there were ways that you could be in control of your earnings, have more money left over each month, and even increase the amount of cold hard cash you are bringing in? People have far more control of their finances than they often realise. Therefore, to help stop the stress and alleviate the anxiety, below are some ways you can whisk away the financial woes, one worry at a time.

Be Mindful of Money

When you rationalise every purchase and pay attention to where you money is being spent, there’s far less chance of buying something on impulse or purchasing something that you don’t really need. People like to buy things because it makes them feel good, but it’s often a habit that is harming their financial situation. Re-evaluating every purchase and paying attention to your spending habits will help you be more mindful of your spending and give you a greater sense of financial control.


How HR Can Add to the Growing Revenue of a Business

Posted by James | March 26, 2015.

3d37e50a136c4166978023b24f74dfe2Many businesses take the attitude that a Human Resource department is not a revenue-generating cost center and is in fact, a drain on revenue. And while HRM may cost money to maintain, there is a strong connection between HR-related actions and a company’s overall revenue. From staffing, training and benefits and compensation practices, there are numerous examples of how HRM can directly add to the bottom line of a company.

Once employers recognize these undertakings and the many more than HR professionals can offer, they can better manage their human resources as part of their revenue-generating resources.

Recruitment

Irrespective of business size and market industry, recruiting the right employees plays a massive impact on the success of a company. If you’re an employer that knows the familiarities of hiring staff, you’ll know that top quality candidates don’t just show up looking to start work. Employers all across the globe are moving away from resumes and interviewing and are, instead, using a more effective way to find and attract capable individuals to join their team. The answer? HR Management. Once HR specialists source and attract suitable candidates, using staff management software will then ensure that each and every one of these employees details are filed and effectively managed from the moment they commence employment until the moment they leave.

Training


5 Business Ideas with Low Start Up Costs

Posted by James | March 26, 2015.

0fabd4631e204bc2ab050a5301ed0cb6Even though you may have a great idea for a new business, it may not prove viable financially when you actually look at getting it started. Because of this, plenty of people form the idea that every new startup business is going to be expensive; however, this certainly isn’t the case. Below are just five business ideas that all have low startup costs.

1. Telecommunications

Anyone with a sales background is a perfectly primed candidate for a low-cost startup business in the area of telecommunications. The best way to make this sort of business a success is to team up with a company such a Telcoinabox. Businesses like this provide access to established telephone networks with products available at wholesale prices, so you will be saving a large amount of money on startup costs by not having to establish your own distribution channels.

2. Content Production

Content production for online blogs and websites is the perfect low-cost startup business for those that love working from home. A working computer and internet connection is all you’ll need. Plus, advertising is rarely necessary; sourcing content production work is usually done by applying for temp/contract jobs rather than the other way around, so this will help keep your content production business’s costs low.

3. Cleaning

Home and office cleaning will never go out of fashion, particularly as people become more time poor. It is also relatively simple and low-cost to set up. The items you will need to pay for include cleaning products, a vacuum, and dusting equipment. Aside from that, a cleaning company is fairly inexpensive to get started. Plus, if your services are well-liked, advertising will come in the way of word-of-mouth, saving you even more.


5 Things You Need To Know About Serving On Jury Duty

Posted by Brock | March 25, 2015.

CleverDude_JuryDuty_Pic

Image courtesy of suphakit73 at FreeDigitalPhotos.net

I wasn’t very excited to receive a jury duty notification in the mail last month. Life is extremely busy and any time I have to spend in a courtroom will be a day for day relationship to how far behind I fall at work. But, I understand it’s my civic duty to be a part of the process from time to time so I just have to educate myself as much as possible and make the best of it.

The Process

My summons listed a phone number that I have to call after 4:30pm every day during my two week time slot. If the instructions will state if any jurors need to report, and if so what juror numbers. If my number gets called, I would have to report by 8am the next morning.

Time Off

In my state, employers are required to give me time off to serve on jury duty. However, they are not required to pay me. Luckily for me, my employer does indeed give me paid time off to serve on jury duty.

Payment

Jurors are paid $10 a day for their services plus mileage for wear and tear on their vehicle in the amount of $0.27 mile. If any other expenses are incurred such as meals or hotel rooms, those expenses can be submitted and re-imbursed.


Are 0% Introductory Rate Credit Card Offers Worth It?

Posted by Brock | March 23, 2015.

CleverDude_ZeroPercentPic

Image courtesy of Mister GC at FreeDigitalPhotos.net

Last week, I received a credit card offer in the mail with a 0% balance transfer option for 21 months. Since I’m always on the lookout for ways to save money, my mind immediately started spinning trying to find a way to take advantage of the offer. Looking through our monthly budget spreadsheet, my eyes gravitated towards the personal loan we have through our local bank.

But would transferring our personal loan balance to a new credit card with a zero percent introductory interest rate really save us money?

Our first impression was that it must save us money since the 7.99% interest rate on the personal loan is higher than the 0% introductory interest rate. But, the more read read about the terms, we knew we would have to do a little more homework before transferring the balance.

Balance Transfer Terms

  • Balance Transfer Fee: A 3% fee is applied to all balance transfers. By transferring the $3000 balance of our personal loan, we would pay a fee of $90.
  • Must Pay In Full: Any balance that remains at the end of the 21 month introductory period would be charged 12.99% interest on the outstanding balance from the time the balance was transferred.

Note: Pay special attention to the above statement. If a balance remains at the end of the introductory period, the interest rated doesn’t just go up to 12.99%, we would be charged 12.99% interest on the remaining balance for the entire 21 month period as well!