finance-worldwide

Finance Advice for New College Graduates

By: Wesley Watkis

Recent college graduates stand poised to begin a lifetime of smart financial decision-making. It doesn’t matter whether you’re graduating with a technology degree and no student loan debt or a teaching degree and debt that runs into the tens of thousands of dollars – now is the time to set the tone for your entire life.

Don’t Get More Debt: Many graduates go from having no income to suddenly having a large income, and the result can be a bit of a spending spree. It’s easy to take on a new car payment or run up credit card bill if you’re suddenly faced with a larger monthly income than you imagined. However, this is not the time to run up any debt. Income isn’t guaranteed – especially in this economy – and getting into the habit of spending everything you make is a hard one to break later on.
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12 Money Mantras for 2010

By: Iyogi

1. Articulate your goals
Make sure you have clear and concise financial goals put down. This would help you to shape out how your investments for the year ahead should be. Unless you know what you want and where you want to be, you will not be able to direct your investments into something useful. It is best to list small, attainable goals rather than go for a lifestyle change overnight. By giving yourself simple tasks that you can even complete in five minutes, once a day, you will make headway over the course of time.

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Inventory Financing & Purchase Order Financing in Canada

By: Stan Prokop

Most Canadian business owners and financial managers probably don’t know, in our opinion at least, that financing options exist in Canada for purchase orders and inventory. In covering off financing alternatives such as this with clients we tend to lump these two types of ( relatively unknown ) financing in with the terms ‘ alternative financing ‘ and asset based lending .

Clients who typically have a need for inventory or purchase order financing have typically been unable to arrange traditional financing with their banks or other term lenders.
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Prohibition of interest in Islamic Finance

By: Gabriel Sawma

Islamic economics is referred to as the application of Islamic Shari’a law in economic activity. This form of economics has attracted banks and financial institutions in more than 56 countries including Europe and the United States; they cater to customers who want to invest in a halal instrument, or according to Islamic teachings.

Muslim authors state that Islam offers solutions to solve problems of human civilization. They view the financial problems facing developed countries in Africa and Asia are caused by interest-based financial instruments which create “unrepayable debt” says Muhammad Ayub, author of Understanding Islamic Finance. Mr. Ayub goes on to say that interest-based system makes “a class of people richer and leaving others poorer and oppressed.” (more…)

Understanding the Different Kinds of Corporate Mergers

By: Jaime Petersen

The economy today is not stabilized. Even big companies have to confront the ups and downs that come their way. But the only thing that keeps them going is survival. They have to survive in the market and progress swiftly or gradually. One strategy to advancement is that of ‘mergers’ between companies. There are numerous mergers that take place locally but they do not have a great effect on the market especially the consumers. But the mergers that take place at the national or international level have a profound impact on the economies of the concerned countries.

There are different reasons behind a merger of two or more companies. But first of all there exist diverse types of mergers.
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What Is The Task Of Financial Planning Speakers

By: Rhonda Victoor

The motive behind every business organization is to earn profits and retain its image in industry. There are some organizations which don’t work for the profits. Yet they work for generating money so that they can effectively use for their social services. Finance is something that every organization needs to perform well. Effective usage of finance will help your company to grow and as well as it would help you and your employees to grow.

Every business runs on finance and to retain this finance we have to work on it. For this purpose we must draw up effective plans on how and where to deploy our capital or money. (more…)

Seller Financing

By: LeRoy Wirz

Do you or someone you know have money locked up in a long term note with monthly payments?

Have you found a use, or need for that money?

Many persons have found themselves in a position where they have located a buyer for their real estate but the buyer did not qualify for a traditional bank loan.

In this circumstance, some sellers have engaged in a process called “seller financing”. This means that the seller finances all or a portion of the home purchase price by taking back a note for that portion of the purchase price. (more…)