Contingency Fund Example

contingency fund example - change in a jarA contingency fund is cash set aside by a company or an individual to be used in the event of unforeseen need.  Unfortunately, unforeseen needs happen all the time, from the bill that was not expected to the loss of a major client.  A contingency fund example is a savings account with up to six months worth of revenue.

Liquid Money

Set up your contingency fund with liquid, spendable, money.  Cash under a mattress would be a good contingency fund example where the cash is easily spendable.  However, cash under a mattress would be susceptible to theft, fire, or flood; or some other sort of loss.  Cash in an FDIC insured account would be a better idea, as long as the amount of money is below the maximum insurable FDIC amount.

Gold, stocks, bonds, or other investment vehicle would not be liquid money as they must be converted to cash in order to be spendable.  The time involved for conversion may be a factor as the emergency event may be time critical.

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Eternal Life – The Search For The Unknowable

eternal life - the unknowableWhen we talk about God, or Jesus, or eternal life, we are venturing from facts and figures into faith.  Faith is not a bad thing, just saying that Google will not tell you if heaven is real or how long God has been alive.  It will tell you about people’s beliefs on such subjects, but cannot possibly tell you if these beliefs are facts.

A new health area has cropped up in recent years that is searching for ways to keep people alive longer, much longer than ever thought possible, and healthy for that matter.  Is this humanity’s answer to eternal life?  Of course, you cannot prevent accidents but you can theoretically prevent disease and postpone aging.

What Kind Of Eternal Life Are You Searching For?

So this begs the question: Are you looking for ways to extend your human lifetime, or are you looking for a spiritual eternal life?  And what could I possibly have to write about either?  Yes, true, I know what I believe about spiritual eternal life, but I cannot really tell you that what I believe is fact.  What I believe is faith.  So could that possibly even matter to somebody searching for answers?  Unfortunately I do not think you will find anything better.

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Retirement Age Coming Up?

retirement age - who says you can't stay active?I know my retirement age is coming, that is the age when people traditionally retire.  It is still nearly 15 years out, but I can hear it like the pounding of a drum.  I also see age discrimination.  It is harder and harder to get full time employment because people think you are not as sharp, that your career life is shorter, that you are bound to incur more medical expenses.  Truthfully, I am not sure what form age discrimination actually takes, but I can tell it is there.

Perhaps you want to retire but like most Americans, your savings is not enough, and will not be enough at the right time.  One solution many take is to increase risk.  While the promises of high returns are enticing, the downside could wipe out much of your savings.  Similarly, people take on risky behaviors to fill in the gaps.  The promise to get rich quick is always there, but almost always designed to take your money rather than provide you more.  So what reasonable options do you have to provide enough for you and your family into your golden years?

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Help Others Expecting Nothing In Return – SplashPlan.com Lesson

help others - splashplan.comI thought it was about time to write a little about SplashPlan.com, which is our system to help network marketers.  How does it help?  Well, it is free to sign up.  You get free leads by promoting your SplashPlan.com site.  You get free training.  And you can earn a little affiliate money while you are building your network marketing business.  In this lesson I will explain why it is so important to help others and expect nothing in return.

People That Join Belong To Other Network Marketing Companies

When you sign up and start promoting your SplashPlan.com link, something like SplashPlan.com/yoursite, you will get leads that are people that belong to other network marketing companies.  Your job is not to recruit them to your program, your job is to help them be as successful as possible with their program on SplashPlan.com.  While this may seem counter productive, you want to be seen by others as being helpful and unselfish, so you help others without expecting anything in return.

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MLM Scheme Or MLM Star, The Difference

MLM Scheme - Your Money Is GoneSometimes it is not so easy to tell a good MLM program from an MLM scheme.  Funny, but in the past two years there have been a lot of ponzi or pyramid schemes in the online world.  Those based in the United States are usually shut down by the FTC but it may take a few years.  In the mean time, unknowing participants are shelling out anywhere from $100 to $100,000 to participate; often losing everything they have ever saved.

An MLM scheme does not have to be illegal, but may sound better than it actually is.  How do you know if a MLM program is worth your time and or money?

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Lose Weight Fast: How I Lost 23 Lbs In 3 Months

Brian Weight Loss

Brian in St Petersburg

Yes, I lost 23 lbs in 3 months time.  Got my A1C down a lot.  Added muscle.  You can lose weight fast too.  In this article I am going to tell you all about how I lost the weight quickly.  But first, what does this have to do with business?

I am a business writer after all.  The problem with business is that we are often working so hard and are so focused that we often lose track of the important things in our life.  Our families, our sidelines or hobbies, and our health.  Health is an important feedback loop because the more we neglect it, the more it impacts our business, and the more we neglect it.  It is important to pay attention to our health regardless of what else is going on in our life.  If we need an hour or two a day to take care of ourselves, do it.

Often taking care of our health is a positive feedback loop.  It gets us away from our daily wallow and often provides us with new ideas worth exploring.  It could be potentially the most productive time in our day.

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Federal Tax Return: The Dread Of Filing My 1120

federal tax return - form 1120If you did not know by now, your United States C corporation 1120 federal tax return is due in April this year (2017) rather than March, assuming your business runs January through December.  Note that I am not a CPA so I am not an expert on all things taxes, I just know that Illinois and the Federal Government made this deadline change in 2017.  This does not mean that I am ready to file or pay, though I always have good intentions.

My main complaint with filing my 1120 is that it is busy work.  While it might be my only federal tax return that I file for the corporation, it is certainly not the only filing I make during the year, or the only paperwork that needs to be done.  I know, I know, the tax man needs his money, but it comes at the expense not only of cash, but of my time to do more financially productive things.  Here is an idea of all the busy work you must do with a corporation:

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Business Problems: Dealing With Serious Issues

business problems - waiting for the crashI had a rough winter.  One that was only two years after my last rough winter.  And it has not gotten much better since.  Sure, we are getting by, but do not have enough business to get ahead.  We are still much better off than others in our same situation.  I am speaking of my consulting business.  By March/April, I have always been very busy, not this year.  Should I lay down and die, just be depressed, or is there another option?  There must be good ways to deal with business problems.

It is easy to do.  Wallow in self pity.  Be depressed about your situation.  But it is certainly not constructive.  Spending your time worrying about what is going to happen will not do anybody any good.  Instead, problem solve your situation.

So how do you problem solve your situation?

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Could Global Climate Change Actually Be A Hoax?

Global Climate Change - The SunWe now live in a world of facts and alternative facts.  Just to make it clear, facts are true and non-facts are not true.  True and false.  Black and white.  Could facts turn out to be non-facts?  Sure, it is possible, but scientific truths, i.e. facts, are usually measured, tallied, counted, concrete, and iron.  They are the things we know, for a fact, are true.  Things like global climate change.

A hypothesis, on the other hand, is a strong theory based on the facts that is likely.  There may or may not be a way to prove it absolutely true, but the facts point to it being true.  A scientific hypothesis is often backed up by other scientists, published in a journal, argued, debated, and open for discussion.

Why would I write about global climate change, being a business writer?  Because as business people, we often have to make tough decisions based on the facts.  If there can be two sets of facts, well then, how do you make good decisions?

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Get What You Want By Altering Your Thoughts

Jeff in thought

It is an interesting twist on reality.  Some believe that you create your world with the things you think and believe.  That you can bring wealth by believing you are a wealthy person.  That you can get your dream house by believing you already possess it.  I am here to tell you that it is true.  But how is that possible?

Some would say that the universe bends to your thoughts.  I am a little more pragmatic than that.  I believe magic exists in reality.  Not that magic is real, but sometimes reality can look magical, and sometimes it can be interpreted as magic.  Or perhaps as the universe giving you what you really want.

I do not see this as religion.  I just believe that your thought life can have a real impact on your real life.  That the things you think show up on your face.  That the way you deal with problems is impacted by the negative outcomes you think about.  Having a positive attitude in your thoughts shows outwardly to other people, and makes you more attractive.  People help people they like more than people they do not.  It could just be little things like making an introduction, or it could be bigger things like offering you your dream job.

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