Author: Angelina

  • Remaining Focused When Managing A Business

    Managing a business requires an enormous amount of brain power. The list of requirements to run a business no matter what the size can be overwhelming and often times unexpected.

    Taxes, Stock Checking, Payroll, Rotas and then there are the daily duties like cashing up and general management. This is just a small pool of examples all of which vary between businesses.

    A method of keeping track of it all is to remain focused and to be mindful.

     

    There is an ancient Zen saying;

    “Master, how do you put enlightenment into action?  How do you practice it in everyday life?”

    “By eating and sleeping,” replied the master.

    “But Master, everybody sleeps and everybody eats.”

    “But not everybody eats when they eat, and not everybody sleeps when they sleep.”

     

    What it means is that people in general are preoccupied with more than one task, all the time, even when already working on a task.

    The saying is encouraging mindfulness, which is the mental discipline of allowing your mind to only focus on what is currently happening in your life.

    Applying Zen principles like this one can have a dramatic effect on your business and your own wellbeing, what have you got to lose in trying them?

     

     

     

     

  • Avoiding Extra Council Tax Charges

    You may be paying too much for your council tax, here’s why. The Council tax system was established in 1993. As part of this system every property was evaluated on a scale of A to H.

    Since this time though many of the evaluations have changed alongside the varying value of properties over time. Because of this your property may have been given a different evaluation, but your council tax charge has not been updated with it.

    It’s wise to contact your local council to see which band you may have been moved into. If you have been moved you could see your council tax charges dropped considerably.

    Also check with your neighbours and see what they are paying. If they are paying less then it’s possible that they’ve been re-evaluated, which means your property should be too.

    Also as a side note, there could be discounts and exemptions for your council tax. Again, check with your local council to see if your property is or has become eligible for these.

  • When Is The Best Time Of Day To Pay Bills?

    Perhaps you are well organised financially. You know the exact dates you will pay your bills. You’re good to go. But have you considered the time of day to pay your bills?

    Paying your bills at certain times of day can save you when it comes to avoiding late fees. Banks may have cut off times, in which you can’t pay money into your account. These times can start from as early as 3:30pm. So if you are planning to pay your bills on the last day, it’s usually has to be before mid-night to avoid additional charges.

    Certain credit card providers also have cut off times for same day payment. Capital One has a cut off of 5.30pm and Santander at 6pm.

    It’s always best to check with your bank. If you leave it to the last minute make sure know when the last minute actually is.

  • Yearly Loan Repayment Strategies

    A loan can sometimes seem like an overwhelming lump of money, the thought of paying it all off can be a daunting thing for your mind to try and compute all at once. Available online are many programs and tools which can help to strategize moving that monetary weight.

    There are many internet programs available that will help to organise repayment. One tool is an amortization calculator. This gives out the annual or monthly amortization schedule of a one time fixed interest loan. The calculator also gives out the monthly payment and total interest to be paid.

    There are also mortgage calculators available which work within the same structure.

    Another option can be to speak with the bank or loan company from which you took out the loan. They may offer advice on how to schedule repayment. It could be effective to organise a repayment schedule, with both parties agreeing on the amounts to pay back and when over the course of the year.