Money Pollutes the Environment

download (19)Watching a power station expelling gasses into the atmosphere from burning coal is a disgusting experience. The smell it generates is appalling and people are living nearby and working in it. The men who mine the coal are breathing in black dust that results in black lung disease. The cars we drive are little better as they pour out similar gasses into the air. Those gasses are a mixture of carbon monoxide, a super deadly gas, and carbon dioxide.

Man has believed that the earth is big enough to cope with it but what was not taken into account is the multiplying effects from the millions of similar businesses that do the same. The end result of all is money and many are dying because of it.

While Australia debates the pros and cons of climate change leading up to an election on July 2nd 2016, people are outraged that those creating enormous wealth from mining of dangerous pollutants are unstoppable. Among them are the gas companies who are causing some to suicide by their tactics. The result of their ‘work’ is releasing methane gas

Why Money Depletes Resources

download (18)For hundreds of millions of years deposits within the earth resulted from the death of old forests, the movement of land, and the shifting of oceans. Bit by bit, layer after layer, plants, animals, and minerals have been positioned to form our world. Now, after only 200 or so years of industrialism it is being reshaped and depleted until it faces death through greed, over cultivation of the soil, extraction of resources, and the pumping of fossil fuel gasses into the atmosphere.

If you were God what would you say to humans standing before you and awaiting your judgment? Would you ask why metals are more important than breathing, or why electricity extracted from coal is more important than food? Perhaps you might ask why so many hate their grandchildren and the future that could have been but will never be because this generation didn’t care.

One thing reigns supreme over the man-made world of destruction – Money. If you were questioned by god, what would you say in return? Perhaps you would answer that without money you could not survive in a world that

Brexit and the Financial Effect on Australia

download (17)In Australia we have little to do with whether Britain exists the European system of combined nations. What we do see, however, is an overall view of how it sits in the big picture. With a large percentage of our population being of European or British descent there is a connection to what happens in their country of origin and, of course, an influence on relatives in the home country in matters like this. The question is would Britain’s exit from the European Union affect us financially?

The bigger question is what if anything will it do to a struggling world economy? My prediction is very little. The financial situation world-wide is on the brink of collapse and this has to do with the bigger players like the USA and China. Already both their systems are propped up and failure is inevitable.

From Australia’s viewpoint the entry of Britain into the European Union (EU) had its effect at the time of the amalgamation. Our big trade partners at that time were Britain and countries in the Union that then had to sever their links with

What Are The Services Of A Reliable Financial Adviser?

download (16)Almost all individuals face financial problems that can affect their financial stability and future. It gets even worse if you need to deal with numerous issues that can affect the financial status of your business. Luckily, there are now ways to deal with these issues easily. And, this is by working with a financial adviser. With these experts in financing, you can deal with all of your financial problems easily since they offer numerous services. Below are some of the following.

Retirement Planning

One of the best services a financial adviser can offer is retirement planning. After years of working, retirement is the time when individuals can enjoy their life. Unfortunately, there are cases when individuals cannot create a good retirement since they cannot manage financial issues properly. Luckily, financial advisers can provide you with a reliable retirement plans that can match your needs from traveling, investing and even maintaining your lifestyle.

Tax Advice Services

Managing taxes can be a huge task individuals need to do annually which can consume most of your time. This task can be even harder if you need to deal with business

Handle Your Finances With Care

download (15)It takes years to gather a handsome amount of money, and if it is not handled properly, your most prized possession would soon escape from your hands like sand. This is the reason why people go for financial planning. It gives you a great sense of satisfaction when you know that your money is in safe hands and is being handled with utmost care.

However, not many people are aware of the process involved in financial planning. Based on your financial position, it is very important to go ahead with personal planning because if you don’t start planning well in advance, then you might face several challenges in the future.

Financial advisors suggest all individuals follow these six basic key principles for financial planning.

• Analyse your current financial status: To be able to plan for future you should first be very confident about your current financial position. Make a checklist of all the assets and liabilities and your income and expenditure. Having this information at hand, you would be in a clear position to understand how you can achieve your financial goals. Your total financial

Money and Power

download (14)If anyone wants to know why money was invented they need to look at the power that it generates. Politically it is the mainstay of governments while religiously it has grown gods and made their organisations indispensable. So where does it fit into the scheme of human behaviour and why is it at the root of the World Order? One could may assume that something other than an invented commodity would fit that role so why doesn’t it?

When humans took to a sedentary life and gave up wandering the forests and taking their food from the land, as God originally intended, they had time to think about other things. In the depositions of their living areas archaeologist have uncovered tales of their development from what might be termed primitive living to the more sophisticated trade deals and exchange of goods.

Other things crop up as well and chief among them is the religious side of life and the sacred sites where they imprinted their feelings and beliefs on items in art form. Over time the images became ever more lifelike and their meanings clearer.

Why Is Money the Most Important Topic for Most People?

download (13)Recently I tried putting ‘money’ in my article topics to see how they would fare above the others that include health, child abuse, spirituality, and last days’ prophecies, among other things. Of the top twenty performers 12 deal with money or the financial system. This speaks volumes of the way many think when it comes to what’s important in the minds of many, and who can blame them? In today’s world the economy is tethering on the brink of disaster and people are struggling.

In Australia where an election will be held on July 2nd, it is the economy that is the main issue on the government’s agenda. The Prime Minister promises better management of it and more incentive and growth leading to more jobs. While that is the promise it is not the reality.

Over the three years of the present administration the economy has gone backwards. Jobs have been lost left, right, and center. Payments to parents have been cut, government sponsored services have disappeared, and generally the mood is one of gloom. Businesses are closing and retail shops are finding it so

Why Is Money More Important Than One’s Spirituality?

download (11)The world’s economy is tethering on the brink of failure as nations struggle with declining values and loss of income. The rise of Donald Trump in the upcoming Federal elections in the USA is repeated elsewhere as people seek better from the promises of those who make little sense but raise their hopes. Jobs and the future are on the minds of most as they head to the polls and make choices. Just as Britain is making a choice of where their future lies so it is happening elsewhere as well.

The respect people hold for those who have ‘made it’ in terms of their success in the business world overrides such things as one’s spirituality and the obvious trouble the world is in. With the signs suggesting we are approaching an end to the world as we know it where is the return to spiritual things that one might have expected in the face of such disaster?

With memory of my reincarnation and knowledge that religion is way out of line when it comes to reality the drop away from religious contact is expected.

Online Payment Systems for Landlords – What Are the Advantages?

download (10)As a landlord, you most certainly are preoccupied to have your property rented at all times, in the best conditions, and receive your due rent for it. When you are a lessor, it is also essential to make sure that your tenants stick around. You can face major losses when your property remains vacant for a long period of time. Taking the aforementioned factors into consideration, the method of payment you require your tenants to follow is a deciding factor by which you can attract and retain them. Now that the whole wide world is gradually enjoying technological progress, the real estate niche should follow suit. If you are a property owner, it is about time to become technically savvy as well. A positive step towards this direction is to allow your tenants to pay their rentals online, in person, or by means of mail.

Through the years, residential property owners have been receiving rental payments in person, or through the mail. Since the Internet has transformed the entire way we communicate, many things have changed deeply. One of these changes is the fact

State Capitalism

download (9)State capitalism is referred to as a monetary system wherein business functions (profit oriented) are initiated by the state.

The production systems are arranged and controlled by the state. The government agencies manage the complete process – capital increase, the wage for labour and centralized management.

State capitalism is the combination of wage structure of production and control by the government. It could be utilized to denote a structure in which the state makes economic decisions to safeguard the well-being of mega businesses.

This is not a new concept e.g., the East India Company. However, it has witnessed an impressive recovery.

During the 1990s, state-controlled firms were nothing but government divisions in developing economies. The assumption was that, as the economy seasoned, the government would either shut or ensure they are privatized.

The crisis in the West and growth in emerging markets has convinced some experts, state capitalism is a viable model. According to them, capitalism has been revamped to ensure it is more efficient.

The requirement for leaders of the G-20 to construct consent behind the implementation of modified rules for financial institutions and dependable global oversight would

What Good Is the Economy in the Light of the Environmental Destruction It Causes?

download (8)While politicians stand up for the economy and promise more jobs, better services, and so forth the bottom line is they are the ones sanctioning the destruction of the environment. The timber industry in Australia employs hundreds of loggers, machinists, carpenters, drivers, and others, including all the office workers and so on. It also targets forests where animals are dependent on the habitat and food they provide and the earth depends on the oxygen and removal of CO2 from the atmosphere.

The Fishing industry depends on trawlers and all the associated workers but the oceans are being depleted at such a rate that it is unsustainable. Likewise, in Australia especially, the agricultural industry is fighting mining companies who have access to their land and are changing the quality of the previously beautiful countryside.

Along with growing costs and other hardships, including global warming with increasingly stronger winds, storms, and erosion the future of the world is bleak. Yet, politicians are promising more jobs and an improved economy as a reason to vote the government back in on July 2nd.

One needs only to look at

Why Are Millennials Abandoning Big Banks and Turning to Credit Unions?

download (7)Millennials (those who are between the ages of 18 to 34 in 2015) are ditching their big banks and becoming members of credit unions. They want the convenience and technology that the big banks can offer but they also want to make sure their banks are paying attention to their needs, by offering customer-friendly service and simple, straightforward solutions that they are demanding.

Millennials know exactly what they want from their bank and everyone is chasing this potential new member. So, understanding their perceptions and needs will help credit unions compete for this sought-after audience.

Below is a closer review of some of the reasons why millennials are scrapping their banks and joining community institutions:

    • They are seen as more customer-friendly and can answers questions directly regarding financial security. They are very helpful when it comes to imparting information regarding car and home buying by offering members education services and solutions that are easy to consume and utilize.

 

    • Qualifying for a loan will be easier, because their requirements are not as rigorous. While banks tend to turn away millennials with a low credit scores, they roll up

The Security Intelligence in The Financial Services

download (6)Security intelligence is the data related to safeguarding an organization from any outside and inside threats along with the processes, and policies developed to accumulate and evaluate the information.

It can also be referred to as the actual collection, standardization, and analysis of the data created by users, applications, and structures that influence the IT security and risk position of a business.

On a daily basis, information flows in organizations for the senior management to make smart decisions. The various stakeholders (employees, customers, contractors) are interfaced through various technologies.

However, the technological infrastructure can also result in serious security issues. The probable areas of intrusion are unlimited. Security experts and business leaders are trying to find an answer to the question – Is it feasible to have a robust security in an increasingly interfaced environment?

Though the answer is yes, it needs a radical transformation in processes and practices encompassing the financial services sector. The focus is not only on IT. Robust security facilitates a positive customer experience.

Cybercrime and Profitability

Financial institutions are at great risk since they are perceived to be an easy target for cybercriminals. According

The Folly of Money and the Ungodliness of Nations

imagesLeaders who purport to be doing the work of the people are instead lining their own pockets and achieving status that suits their ego. This is the way of the world and democracy feeds into it. After my reincarnation and with knowledge of the extreme corruption and the depth of misconceptions that make the world the realm of 666 astounds me. The inability of people to test things is a source of amazement and the reason they are successful.

With the Australian elections now over and a hug parliament likely the recriminations of politicians against their opposition is horrendous. Instead of blaming their poor governing kills the Prime Minister targeted the campaign of the other parties and nominated the facts they produced as lies.

The elections in the USA are shaping up to be similar in their character with the blame game already taking aim. While money is at the heart of the world’s problems it is also the target of these politicians. Who is the best financial manager and who can create wealth for the people seems to be high on the list of many

Streamlining Tax Operations

download (5)A tax function’s capability to provide value depends on how well it is able to modify to the constantly evolving regulatory alterations at present, while contributing to a firm’s business strategy.

Often, most corporate tax activities are not able to address the operational incompetence. Increasing regulatory needs and restricted resources indicate that tax divisions are under constant pressure.

Progressive tax departments are performing an in-depth current state evaluation that delivers a roadmap of distinct actions, cost, and comparative significance of the tax functions to reflect enhancing efficiency.

These evaluations take into account the existing operational condition, organizational culture, and an aptitude for change.

The tax scenario is becoming complex as firms are expanding their sales & operational reach into other domains and facilitating mergers & acquisitions.

Information required for the tax functions is normally decentralized and stored in systems customized for financial & management reporting. This requires a substantial initiative to not only revamp the information for tax purpose but also comprehend the position of different tax instructions.

The pressure from globalization, increasing the requirement for efficient utilization of resources, and expanding focus on business synergy is forcing business/tax

Do Financial Services Agents & Brokers Need Wakeup Advice?

download (4)Agents in the financial services sector play a crucial role in sustaining the business. Financial services encompass broad sub verticals like – banking, insurance, and investment funds companies where their crucial role like building relationships and getting business volumes cannot be underestimated.

Personalized sales are the approach set by agents and brokers for decades. They carry a lot of information on products, markets, and prices. But after the IoT, big data and analytics came to the center stage, it became imperative for agents and brokers to stay relevant. The mobile customers supported by mobile workforce of businesses are posing existential threats to agents and brokers. Many may wonder – is this the end of the road for brokers and agents?

Financial services honchos may consider eliminating the role of agents attracting new prospects with reduced premium or discounts. But wait a bit more before you send the execution order as they have the firepower still. It is into this area focused study is required.

Can Agents Stay Relevant?

Now the question before us is, are agents and brokers relevant? First of all they have time tested relationship

How Can Neuroscience Help Us Understand Risk?

download (3)Why are some people more likely to expose themselves to risk than others? Why are some people completely risk-adverse? How does the average person behave in response to risk – and why?

As neuroscience tells us more about the workings of the brain, and how we make decisions, these are questions on the lips of many a business leader – especially (but certainly not limited to) those in financial and insurance marketplaces.

If we were all able to respond successfully to risk, everyone would retire with enough money and we would have fewer accidents for starters. The world would be a lot more stable place if everyone managed risk perfectly – but we all know that’s not the case.

Early risk models

Going back 70 years, the first models to look at risk behaviour were centred around the rather limited theory of ‘expected utility’: this says that people value a possible outcome by multiplying the probability that something happens by the amount they would like it to happen.

However, in the real world, this theory was found to be wanting. Subsequently, Daniel Kahneman’s creation of prospect theory helped

How To Qualify Leads And Prospects

download (2)To make the correct judgement, you need the essential insights, and this is what it means by “qualify”. If you are not selling the product or service to the correct lead, you will end up wasting a lot of money, time, energy and resources. So what you should do to qualify leads and prospects? How will you know whether a prospect is fit for your offer? Will the lead ultimately lead to a sales opportunity?

You should invest your money and time only after qualifying someone. Only then you should start selling the service or product to the prospect.

If you are not quite experienced you will jump at the given opportunity without properly studying the prospect. What happens here is you are trying to selling something on an assumption without the proper background check. It may or may not culminate in sales. Only mindless salespeople will do this kind of marketing and they will end up losing their energy and time chasing wrong leads.

Instead of talking all the time, try to listen to your prospect. Then you will understand whether he/she is a qualified

The Financial Business Model: 5 Keys to Long-Term Success

download (1)Why do so many businesses fail to make profits and achieve their financial goals? The answer is simple because many business owners simply ignore one or more of the 5 keys to financial success. Many businesses are making sales but are not profitable. Learn how to fortify your business model and set your company up for success. Developing a financial business model provides a clear picture of your company’s financial history as well as your company’s financial future. Working from a financial business model will help to prepare your company to make better decisions for the company in the future. And analyzing your finances on a regular basis will provide you with the financial success you are seeking to achieve. Get ready to gain more flexibility and financial freedom in your company with the keys to success.

Key #1) Don’t Go It Alone
Mismanagement of finances is not reserved for start-up companies but for all businesses. Many business owners are able to produce and sell their products and services but are not able to manage their finances. If you are not able to determine

Notional Cash Pooling

downloadBasel III, projected to come into effect before 2019, would have huge inferences on the notional cash pooling business, making it very difficult for banks to offer this service profitably. This is likely to make certain banks reassess the business. They would most likely either reprice their offering or exit from the business.

Notional cash pooling enables firms to oversee finances for the group from a specific account, offering corporate treasurers an appropriate, combined view of accounts that could be spread across several associated organizations, in various jurisdictions and currencies.

It is not permitted in the US. However, it is prominent in Europe and Asia as an effective method for huge multinational firms to manage their balance sheets at a group level. It permits the firms to balance their liabilities, including those of their affiliates against their assets.

At the same time, by ensuring the increased transparency that is required to protect the financial system, Basel III has created a requirement for banks to report all the assets and liabilities of their clients distinctly.

This would not have substantial inferences for physical cash pooling. However, as far as