Times are tough nowadays. There are a lot of job layoffs and salary freezes. Companies are squeezing their budgets so employees are multitasking as of now performing two or more job responsibilities more than they usually do without getting enough salary increases. If your job responsibilities have changed and grown, you should address this situation with your manager as soon as you can. If you don’t you’ll only build resentment and also miss a valuable opportunity for

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Everyone starts from a dream. Dreams drive our determination to succeed. Dreams increases our will power. In reaching your dreams, it’s not always a safe and smooth road. You need to encounter a lot of trials and hardships. A lot of times you will fail before you can even see a first glimpse of success. You should be able “to fight the unbeatable foe” and “to run where the brave dare not go”. Failures are always part of every success. It teaches us valuable

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The health of the economy is directly proportional to your investments. If the economy is doing good, then chances are your investments will also earn good. However, if the economy is experiencing a downturn, then definitely, your investments too are affected. Since the US has the largest economy in the world, most people watch its economy as it may have a domino effect to smaller economies most especially for countries whose main clients for their export products is the US market. According

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Having lots of debts is different to manage. You may need to track down all debts from one creditor to another including interest expenses and late payment charges. One solution to handling multiple debts is through debt consolidation. Debt consolidation entails taking out one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing only one loan. More often, debt consolidation involves a secured loan

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One of the most liberal idea of famous Rich Dad Poor Dad author Robert Kiyosaki is that SAVERS are LOSERS! Yes, you’ve heard it right, Kiyosaki said that savers are losers! You may think that this is in contrast with the notion of personal finance as it talks about saving money but no it isn’t. Just like in Sports like the upcoming 2010 Winter Olympics, an athlete must first prepare to achieve his end goal. He then sees the end of the line before he even starts. In preparing for

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In this article, I will introduce a financial derivative called Forward Contracts. What are forward contracts? Forward contracts are used by companies to take advantage of a speculation. A forward contract is an agreement between two parties to buy or sell a specific asset at a certain future time for a certain price agreed today. It costs nothing to enter a forward contract. The party agreeing to buy the underlying asset in the future assumes a long position, and the party agreeing to sell

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