The below infographic, The Psychology of Consumer Spending, provides a brief overview of consumer spending, with an emphasis on compulsive purchasing. The resource provides a variety of statistics: Who buys too much, what they purchase, whether they pay by cash or card, and … [Read more...]
3 Secrets to Building Lasting Wealth
Building a reservoir of capital sounds like a daunting task, but it’s actually far easier than one might think. Building wealth for the long term starts today, and it requires a commitment to a long-term vision. However, this can be accomplished by anyone with a job and a dream. … [Read more...]
How Can You Cut Costs Without Sacrificing Productivity And Employee Morale?
No one loves talking about budget cuts and making a list of where to cut spending is one of the hardest tasks to befall a business owner. And yet, more and more companies find themselves in the unpleasant situation of having to reduce costs, whether it’s because their industry … [Read more...]
5 Pieces of Money Advice You Shouldn’t Ignore
Cash flow is a significant concern for millions of Americans. Almost 80 percent of us deal with stress directly related to our financial health. And it can sometimes feel as if there is no way to resolve this constant state of worry. That’s where you’re wrong. Financial … [Read more...]
Solutions for Cash Flow Problems: How Home Depot Solved Cash Flow Problems in 1985
All businesses face difficulties. One of these can be cash flow problems. Even prestigious businesses deal with cash flow problems and are trying to solve them. What Is Cash Flow? Cash flow is a presentation of the company’s overall movement of money. To remain in business, … [Read more...]
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