Budget remaining at year-end? What happens then? First, understand what a budget isn’t. It is not a bucket to accumulate funds for various activities. Neither is it a straitjacket, nor a scheme to show what we can’t do. A budget is a highly directed tool—designed to achieve specific goals. It is our best estimate of […]
Counter-intuitive Strategies Can Yield High Margins While Being Attentive To Customers’ Needs
A counter-intuitive strategy results in enhanced sales and high margins, often because people are willing to pay a premium for normal, regular goods and services? In his book Predictably Irrational, professor and author Dan Ariely provides experiments to show people’s irrational behavior as they spend. Ariely says most people don’t know what they want unless […]
Why Public Corporations Delist Shares From Stock Markets and Become Private
Why do some public corporations choose to be private and delist their shares from stock exchanges? On Oct. 29, 2013, Dell announced that Michael Dell, founder and CEO, and Silver Lake Partners, a leading global technology firm completed acquisition of Dell’s outstanding shares. Michael Dell said he can focus on building the company, ”Not the […]
Ocasio-Cortez Newfound Hope of the Democratic Party Might Be A Handicap
Ocasio-Cortez seems to be the newfound hope of the Democratic Party—a party desperately clutching to anything that might appeal to a naive electorate. If it continues its wayward path, it will guarantee Trump’s reelection, if he isn’t removed from office before by one of the many potentially damaging issues surrounding him. Interestingly, rising star Ocasio-Cortez […]
Workers Need Right to Work Laws: Supreme Court Decision is Needed Catalysis
Employees in North America need universal right to work laws. No one should be forced to pay union “dues” if he or she does not wish to be part of a union. Hopefully, the recent United States Supreme Court’s decision might be the tipping point that encourages more states to introduce such laws. The Court’s […]
Moving From Time Management to Self-management is Crucial to Become More Productive
Moving from time management to self-management is crucial to become more productive. Particularly since time is our most precious resource. It’s fixed, doesn’t discriminate—available equally to all—isn’t influenced by anyone, yet most people complain about it. Either they “don’t have enough,” so they “run out,” or they are “too busy” to do what they need […]
Donald Trump’s Trade War Will Create Extensive Direct And Collateral Damage
Donald Trump’s trade war has erupted! He thinks “trade wars are good and easy to win.” But the expected negative outcomes might surprise him. The United States (US) fired the first salvo with tariffs on steel imports. China countered with duties on several items, and the European Union (EU) warned it would retaliate if not […]
Wisdom is Lacking In Public Debates: Applying Wisdom Needs Recognition of Facts and Experiences
Wisdom is lacking today. The Ninth Edition of the Concise Oxford Dictionary defines wisdom as “experience and knowledge together with the power of applying them critically or practically.” Yet people neglect facts, experiences, and common sense in public debates. Many vital issues need wisdom to develop realistic solutions. Chaos in Donald Trump’s White House is […]
Trust in the Lord And He Will Provide For Your Needs And Give You His Perfect Peace
Do you trust in the Lord to help you through each day? Gyrations in the stock market, the massive baseless rise in the value of Bitcoins, pervasive greed in society, among other things, can move your trust in the Lord to your reliance on your own strengths. Then you will become preoccupied with events and […]
Rising Interest Rates Will Harm You Only If You Decide To Gamble With Your Future And Live Beyond Your Means
Rising interest rates will harm you only if you choose to gamble with your future and live beyond your means. To be sure, rising interest rates could be a blessing in disguise to help you get on top and stay on top of household finances. The result? More prudence with lifestyle decisions! It is essential […]