EFFECTIVE FINANCIAL MANAGEMENT PRACTICES
EFFECTIVE FINANCIAL MANAGEMENT PRACTICES
There’s no better time than now to stop whining and start winning. Taking control of your finances can be the most rewarding thing you will ever do for yourself and/or your family.
Learning to re-organize your finances, find new options and implement better strategies can save you extra money you can use on savings, or reducing debt.
Just because a financial institution bills you for fees or increases your credit card rates, doesn’t mean you have to wear the cost. As a consumer in a competitive financial market, you have more power than you realise. The key is to do your research and understand what options are available.
For instance, if you know the credit card rates the competition is asking, tell your own bank, and ask for a rate decrease (nicely). You hold the balance of power. Your bank can either agree to a rate decrease, or offer to transfer your balance to one of their alternative low cost products. If not, you can transfer your balances to the financial institution that offers the best deal. Imagine if your bank offered to halve your rate from 18% to 9% for one year? On a credit card balance of $10,000, that is approximately $900 that now stays in your pocket for whatever you want.
Knowing your financial options and how to manage them is paramount to effective financial management practices. These can be learned through research, practice, advice, courses, and books.
ACS Distance Education offers books and courses on Financial Management for both individual/personal purposes and business. Check out their online bookstore or their online Financial Management course under the Business Courses section.
www.acsedu.co.uk or 0800 328 4723 for a free course handbook
EFFECTIVE FINANCIAL MANAGEMENT PRACTICES - To learn more about this author, visit Tracey Jones's Website.
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If you are struggling to make ends meet, you are not alone. Money continually drips out of our accounts through interest payments, bank fees and bill debits, and most people stand by and watch helplessly. Ever wondered if there’s a better solution? Thought that there has to be a better way?
There’s no better time than now to stop whining and start winning. Taking control of your finances can be the most rewarding thing you will ever do for yourself and/or your family.
Learning to re-organize your finances, find new options and implement better strategies can save you extra money you can use on savings, or reducing debt.
Just because a financial institution bills you for fees or increases your credit card rates, doesn’t mean you have to wear the cost. As a consumer in a competitive financial market, you have more power than you realise. The key is to do your research and understand what options are available.
For instance, if you know the credit card rates the competition is asking, tell your own bank, and ask for a rate decrease (nicely). You hold the balance of power. Your bank can either agree to a rate decrease, or offer to transfer your balance to one of their alternative low cost products. If not, you can transfer your balances to the financial institution that offers the best deal. Imagine if your bank offered to halve your rate from 18% to 9% for one year? On a credit card balance of $10,000, that is approximately $900 that now stays in your pocket for whatever you want.
Knowing your financial options and how to manage them is paramount to effective financial management practices. These can be learned through research, practice, advice, courses, and books.
ACS Distance Education offers books and courses on Financial Management for both individual/personal purposes and business. Check out their online bookstore or their online Financial Management course under the Business Courses section.
www.acsedu.co.uk or 0800 328 4723 for a free course handbook
EFFECTIVE FINANCIAL MANAGEMENT PRACTICES - To learn more about this author, visit Tracey Jones's Website.
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David AchesonDavid Acheson is the founder of DCJA Consultancy. DCJA Consultancy is a management consultancy business specialising in B2B sales consultancy. They offer bespoke and packaged sales consultancy including Sales Optimisation Review, Interim Sales Management, Sales & Marketing Review, 1:1 Sales & Management Staff Analysis, Management Training, Solution Sales Training, Creation of New Pay Plan, KPI's, run Customer Feedback Campaigns, assist with Recruitment, Coaching, Appraisals and set up Strategic Marketing Campaigns. David spent his early career in accountancy and then moved into sales in 1982, working in Office Equipment, IT, Advertising, Training, Outsourcing and Consultancy. He has held many Senior Positions in SMBs and Global Organisations including Head of Sales Operations & Head of Business Development. His knowledge, skills and great experience of the Sales Industry has led to David making keynote speeches and running educational sessions to key businesses through organisations including The Chamber of Commerce and Business Link. - Visit David Acheson's Website |
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John BrennanJohn Brennan Ed.D. Dr. Brennan is President of Interpersonal Development, LLC, a training and development firm. Interpersonal Development has provided sales training and coaching to more than 3,000 sales reps from over 100 companies. A native of Australia, Dr. Brennan received his doctorate from the University of Rochester. His dissertation researched the effectiveness of Behavioral Modeling Technology in training people in interpersonal skills. While he has spent most of his career designing or delivering training, he was also a Vice-President of Sales of a training and development franchise with operations in 25 markets. Dr. Brennan has designed and delivered sales training in North America, Asia, Europe, Australia and the Middle East. He has been a guest speaker at numerous national and regional professional conferences. When Microsoft wanted Best Practices articles on sales for their web site, they called Dr. Brennan. The results are at http://office.microsoft.com/en-us/FX011387391033.aspx His firm’s clients have included Volvo, The Prudential, Merrill Lynch, Eastman Kodak, Gannett, Equifax Europe, the Economist Group and countless small businesses. - Visit John Brennan's Website |
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Dave KurlanDave Kurlan is the founder and CEO of Objective Management Group, Inc., the industry leader in sales assessments and sales force evaluations, and the CEO of David Kurlan & Associates, Inc., a consulting firm specializing in sales force development. Dave has been a top rated speaker at Inc. Magazine's Conference on Growing the Company, the Sales & Marketing Management Conference and the Gazelles Sales & Marketing Summit. He has been featured on radio and TV, including World Business Review with General Norman Schwarzkopf, in Inc. Magazine, Selling Power Magazine, Sales & Marketing Management Magazine and Incentive Magazine. He is the author of Mindless Selling and Baseline Selling – How to Become a Sales Superstar by Using What You Already Know about the Game of Baseball. He created and wrote STAR, a proprietary recruiting process for hiring great salespeople, and he writes Understanding the Sales Force, a popular business Blog and is a contributing author to The Death of 20th Century Selling and 101 Great Ways to Improve Your Life, Volume 2. - Visit Dave Kurlan's Website |
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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Linda RichardsonLinda Richardson is the Founder and Executive Chairwoman of Richardson, a global sales training and performance improvement company. As a recognized leader in the industry, she has won the coveted Stevie Award for Lifetime Achievement in Sales Excellence and she was identified by Training Industry, Inc. as one of the “Top 20 Most Influential Training Professionals.” Ms. Richardson is credited with the movement to Consultative Selling and is the author of ten books on selling and sales management, including Sales Coaching — Making the Great Leap from Sales Manager to Sales Coach, and Stop Telling, Start Selling. She teaches sales and management at the Wharton Graduate School of the University of Pennsylvania and the Wharton Executive Development Center. Linda is a frequent speaker at industry and client conferences, has been published extensively in industry and training journals, and has been featured in numerous publications, including The Wall Street Journal, Forbes, Nation’s Business, Selling Power, Success, and The Conference Board Magazine. Learn more about Richardson's sales training and performance improvement solutions at http://www.richardson.com web - Visit Linda Richardson's Website |
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Stephanie RobeyStephanie Robey is President and CoFounder of Pivot Positive, LLC - an Internet marketing business focused on helping people start work at home ventures. Previously, she was employed at The Search Agency with over 20 years experience in graphic design and 10 years experience in online marketing. She was responsible for launching the Conversion Path Optimization (CPO) unit where she and her team have conducted hundreds of optimization tests for online companies across multiple verticals. She is a successful entrepreneur having started and sold 2 companies and remains on the board of directors of the third, PhotoSpin.com Stephanie began her career in the direct marketing realm creating and producing direct mail for many of the major cable television companies and directly attributes her understanding of Internet marketing to those early offline experiences. Stephanie is a graduate of San Diego State University with a BFA in Graphic Arts and also holds an Executive MBA from the Graziadio School of Business and Management at Pepperdine University. Read Steph's Blog Meet Steph and Dave Sign up for our Free 7-Day BootCamp: Self Employed & Rich - Visit Stephanie Robey's Website |
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