Archive for Career

The Advantages of Video Conferencing Over Business Travel

advantages of video conferencingThe following post was provided by a guest contributor. If you are interested in being a guest contributor for My Money Design, please feel free to contact me.

Meeting a client fact-to-face is a great way to form business relationships. Being able to see and interact with that person adds something tangible to the experience that impersonal methods of communication such as email or even phones call can’t. But travel isn’t always the most cost effective solution. And especially now with all the advancements in digital communication, the economics and advantages of video conferencing may be a more practical solution to the needs of working business professionals.

Read more

Video Conferencing Benefits for Small Business

video conferencing benefitsThe following post was provided by a guest contributor. If you are interested in being a guest contributor for My Money Design, please feel free to contact me.

Running a small business can come with so much pressure. The need to constantly balance the books coupled with limited financial room for manoeuvre can give anyone working for an SME (small and medium enterprise) a headache that seems impossible to shift. At a time when many companies are struggling financially, it pays to find something that will reduce costs and increase profit margins.

 

Read more

How to Go from Hobby to a Business – An Infographic

From Hobby to a BusinessReaders, its infographic time!

If you’ve ever thought that your hobby might really be worth something, than you’re not alone. Lots of people have taken their love of whatever it is they like to do to the next level by turning it into something of value to others. Facebook? Apple? Virgin? All were started as something that the founder loved, and it grew into something much larger.

 

Read more

The Management Skills List – Do You Have What it Takes to Earn More This Year?

management skills listIf one of your goals this year is to make more money at work or advance your career further, then consider if you’ve got what it takes to become a manager.

Depending on your industry and how far you take things, managers can often make several times more compensation than their lowest paid employees. That’s because organizations often associate managers as being able to produce greater overall results than individuals can.

Read more

Choosing the Right Mobile Device to Boost Your Working Performance

mobile deviceNo matter where you seem to look these days, no one can deny how influential technology has become! In fact a recent Ofcom Communication Market Report suggests that over 90% of adults in the UK own and use a mobile device such as a phone, and that over half of 16-24 year-olds have a smartphone.

Technology has evolved at such a rapid rate that now pretty much everyone has some form of gadget whether it is a tablet, PC, laptop or smartphone. Further findings by Mintel reveal that 10% of adults own some form of tablet computer. According to AppsWorld, 87% of the world’s population are mobile phone subscribers, and one in seven searches on the World Wide Web is via a mobile device.

What do all these statistics mean? There are many gizmos on the market that can help your day-to-day lives. The Internet offers unlimited access to information from across the world. So make sure you pick the right device to help you organize your work in terms of meetings and events, and staying connected with your clients 24/7. What are the hottest new, must-have additions to the gadget revolution?

 

Read more

How to Make the Most of Your Small Business Budget

Small Business BudgetWhen you are starting out in business for the first time, you are likely to encounter a wide range of both expected and unexpected costs, with even just one seemingly small oversight having the potential for a big impact on the finances of your company.  Whether you’d like to save money on all of that vital office equipment or would be interested in knowing how to obtain the best business savings accounts, here are some of the top tips for making those dollars go further in those vital early days in of your small business budget.

 

Read more

Resume Screening Tips and Confessions from Someone Who Interviews

Resume ScreeningFor about 99% of us, nothing will be more crucial to our finances and money design than landing a great job. And for most working professionals, that will all start with getting picked for the interview. As someone who has done a great deal of interviews in his day, there are a great deal of resume screening tips and other things I can confess to you about the whole process.

Do you agonize over creating the perfect resume? If you do, that’s great that you’re taking the job prospect so seriously. But you might be disappointed to learn that going above and beyond with your resume doesn’t usually add a whole lot to your chances for an interview. In fact, the extra investment may yield very little return.

 

Read more

Practicing Entrepreneurship the Fraidy-Cat Way – Using Your Job

Entrepreneurship, entrepreneurI’ll admit it. I’m a giant fraidy-cat when it comes to the subject of entrepreneurship. It’s not that I don’t believe in taking risks – I just question if the risk is worth taking.

Even after starting this blog one year ago and feeling the sweet success of having it make more money than any of my other side hustles, I still struggle to believe that it could make me any richer or provide me with more security than my real job. No question about it.

Does that mean I don’t have the burning passion to grow a new business, create something from nothing, build a name for myself, and make a ton of money in the process? Absolutely not! I want to do all those things! But I have and plan to continue to do them at my current job. And here’s why …

 

Read more

Status Update – Being Fired Over Facebook Rants

We are all pioneering the age of social media and its effects on everything that happens in our lives. While there is certainly a lot of good that comes from these sites, there is also a lot of damage that can be afflicted as well. Namely – sabotaging our careers and getting fired over Facebook.

Getting fired and ruining your finances over something as dumb as Facebook posts may seem like something that could never happen to you, but it could!  Here’s a story of something that just happened recently…

 

Read more

Can You Afford to Work?

Recently a coworker and I were discussing how his wife would not be returning to work simply based on the fact that child care was too expensive. At the rate it would cost her to place the child in daycare and go to work, she’d actually be “losing” money.

Simply put: If you compare dollar to dollar, it may not make any sense to go to work if you’re going to pay out more than you take in.

As a parent, I can definitely tell you – kids are expensive! They eat a lot of food, wear a lot of clothes, need a lot of entertainment, and require a lot of stuff.

It wasn’t that long ago that my wife and I had to make the same kind of decision ourselves. At the time, my wife was making around $1,000 net per paycheck. The cost of our daycare: About $1,200 per month. So over half of her net income was simply going to daycare! There were times where we said “What’s the point?”

Read more