Maintaining customer accounts and ensuring positive cash flow for your business can be a smooth process if you have the right procedures in place and follow them. If you need help at any time a debt recovery agency can assist not only for persistent and bad debts but with general debt collections.The best way to recover debt is to ensure you have an efficient accounts receivable department. This might include the use of accounting software for...more
Debt collection should be seen as part of the regular operations for any business. If you have outstanding accounts that never seem to get paid you may need to look at your existing accounts receivable procedures.All financial procedures and policies need to be continually updated with the aim of improving the existing systems. These recommendations for improving debt collection should be seen as a starting point to get your aged...more
Its no surprise that the U.S. economy is on a sharp decline. Americans are struggling to stay afloat, sometimes having to work more than one job just to make ends meet. Now more than ever, its imperative to learn how to get out and stay out of debt. The following three tips will help you get closer to your goal: a debt-free life. From prepaid credit cards, to debt consolidation, to freezing your credit cards (literally), you can break the chains of debt, starting today.1. Prioritize Your Debts While you may believe all debt is bad debt and should be wiped out in one fell swoop, thats not always realistic. Focus on the credit cards that have the lowest interest rate and/or the lowest amount on them. If you knock out one at a time beginning with the least amount it will give you a feeling of accomplishment and motivate you to keep at it.Keep in mind that some debt is considered beneficial, such as a mortgage (provided its not upside-down) or home-equity loan. Tackle the credit cards first; try and consolidate them, if possible, with the one that has the lowest interest rate.2. Use Prepaid Credit Cards & Prepaid Debit CardsA relatively new concept, by: ScottAbout the Author:The...more
It's no surprise that the U.S. economy is on a sharp decline. Americans are struggling to stay afloat, occasionally having to work a lot more than 1 job just to make ends meet. Now a lot more than ever, it's imperative to learn how to get out and stay out of debt. The following three tips will assist you get closer to your goal: a debt-free life....more
Understanding your personal finances isn't going to happen overnight. You have to take your time to read and understand what it involves, as well as, just how everything affects you. As you start out in managing your personal finances, take the time to go over these tips and learn more about what you can expect.Avoid buying new gadgets as soon as...more
Many people hope that their working income will give them all they need to make ends meet and achieve their goals. The reality is that for most people, the regular job will never supply enough money to enable you to become financially successful. Today, we will look at the steps you can take to earn more money.Create Extra Income As we confirmed last week, proper budgeting is vital to all financial decisions. Once you fill out your budget accurately, (you can download one at www.financiallysmartonline.com) it will show if you"re spending too much money or not making enough money. If you"ve cut back on non-essentials and still can"t find enough to pay your basic expenses, then earning more is your only option.The first step is to break down your monthly deficit into a smaller amount that seems easier to achieve. For example, if your shortfall is $15,000 monthly, ask yourself "What can I do to make an extra $3,750 per week, or $500 per day?" Dissect it even further "" how can you make $50 profit from ten people daily?An obvious, but underutilised way of finding more money is to try to earn additional income on the job. Why not check with your human resources department to see how you...more
As a college student, you may agree that life is not easy all the time. Aside from the challenges of dealing with peers and professors, passing exams, and keeping up with the daily school activities, financial issues can also add to the pressure. ...more
Personal loans means money for personal needs may be big or small. You do not have to rush here and there for money now. Guaranteed Online Personal Loans are under your reach. As their name suggests, these loans are available online and that too...more
Being on a subject of a repossession activity is already an embarrassing situation for most people. Yet this is not all there is when it comes to posing difficulties to a person facing such problem. Aside from the humiliation, there is the problem...more
We all know that paying bills is becoming harder and harder as the world economy struggles. It is harder to hold onto jobs and maintaining your quality of living can be tough as inflation strikes. If you've been struck by unfortunate circumstances...more
The move to University brings with it changes and new responsibilities. For many people its the first time in their life that they will have to look after themselves, and their finances. For this reason, it is recommended that you set out a monthly...more
We all have finances, and yet so many of us never get any real training or education on how to go about them wisely. As this article will show you, you don't have to be a math genius or a financial guru in order to make wise investments and get your...more