A positive brand perception is an important goal of many successful organizations. They understand that their brands are emotional links with customers. The deeper the link, the stronger the brand perception. Brands are belief systems, not marketing tools. Many people think of the logo as the brand. However, the logo merely is the image that conjures […]
Household debt is a huge problem in Canada. In 2012 when I wrote about it, I thought it was a major crisis. Surprisingly, it’s gotten progressively worse. Canadians are in a debt mire, sinking deeper, but continuing with life unscathed. That’s the essence of a recent Manulife Bank survey. What has changed from previous polls? Nothing much. The […]
Christians, don’t integrate faith and business. Don’t integrate faith and anything. Live as followers of Messiah where you are. Business is having the right people in the right slots headed in the right direction. It is all about people. Business is the largest mission field available to Christians, at home and abroad. Besides, it is the only […]
Two life lessons flowed out of my reflections on the solution of issues that posed the biggest challenges to some of my students this semester. As I pondered different situations, I asked this question: What were root causes of students’ biggest problems that prevented them from presenting papers on time? The answer was obvious: Poor […]
Popular teaching about personal finance encourages people to concentrate on credit scores, cheap credit, and credit cards. Essentially, it assumes you will live in debt forever. It does not mention the single, key, controllable element in personal finance—individual choices that decide spending, and lead to financial results. Getting out of debt is primarily a behavioural matter; […]
Your decision making process is more important to a successful result than your analyses to prove the validity of a decision. That’s what research shows consistently. How do you decide? Do you follow a predictable process or do you let your emotions or situations lead you? My research suggests we let circumstances direct us, unwittingly. That’s why […]
How to stop living paycheck to paycheck will take time, sacrifice, and patience. The solution won’t be easy, and it might be counter intuitive. It will focus primarily on lifestyle choices, not on strategies to get more money. How to Stop Living Paycheck to Paycheck Since the apparent problem is a lack of money, logically, […]
Holiday survival kit? Why does anyone need a holiday survival kit? One definition of survival is “to continue to live in spite of difficult circumstances.” Have Chanukah and Christmas become difficult times? For many, they have, although these periods are meant to be times of reflection and celebration. That’s why we need a holiday survival kit. These can be […]
What does stewardship mean today for businesses? Since the Great Recession, executives have become more aware of their fiduciary responsibilities. Nowadays, there is greater protection for shareholders. Still, we have a long way to go for effective stewardship to be pervasive in organizations.
How do you get on top of your finances when you are deep in debt? As you proceed, it seems you are digging one hole to fill another, doesn’t it? I believe by God’s grace; these seven steps might help you navigate this challenging path.