July 13, 2016

It may come as a surprise, but saving money does have it disadvantages in some situations. In this article you will get to know the benefits of saving money but also the disadvantages.

The benefits of Saving Money

If you aren’t as fortunate that you have so much cash that you can do what you want, saving is a really good option. That way, you can afford something (like a new phone) after a few months. Saving for the future is the way to go if you want to do something nice in the future. When buying new stuff or traveling, you are offered to get something now and pay later. Don’t accept any of these offers ever. These offers are evil. It is basically debt, but when you lose your job or your financial situation changes you might not be able to pay for it later on.

When is it better to not save money?

If you have debt (a mortgage or a credit card) it is better to pay of this debt as soon as possible. It doesn’t make any sense to get 4% interest, when debt will cost you 6% (for example). You should pay off this debt, because it saves you a lot of money in the long run. Consider as much overpayments on your mortgage as possible, as soon as possible. It will help you to save hundreds of dollars on the short run. You will save even more on the long run.

The basic saving rule says that you will need 50% of your income. You can spend a maximum of 30% on the things you want in life. The other 20% you can use to save or to pay off any existing debt.…

After becoming a personal trainer, you need to have a plan in mind of how you intend to build your client base. People hire personal trainers because they want to attain a particular result. Aims and objectives give you and your clients, a plan to follow in an effort to obtain an agreed upon goal. Basically, aims and objectives help you see how well your clients are doing and how well they are going forward when compared to what their ultimate goal is.

Your clients’ aims are their strength to work out. Wanting to get in the gym is the first big step. By becoming a personal trainer, you’re the key to trigger your clients’ goals. If you do not set goals and objectives with your clients, their dedication to work out may shrink over time. Goals are very influential motivators. If your clients set goals, they will be much more probable to do what is essential to attain them. People, who set goals are much more loyal towards the required result, and without loyalty you will have very little achievement. Goals increase concentration and strength in both the trainer, and the client.

Consider that client who said she needed to lose twelve pounds. Her objective may be to: burn about 1,500 calories a day, work out for one hour, workout five times per week, and lift weights twice a week for an hour. She knows exactly what she wants to do and checks her goals on a daily basis. When she wakes up in the morning, she’ll know exactly what to do. This is much more effective then if the same woman were to wake up with no plan, or clue where to begin.

A number of the people who employ you will have had some type of mental or emotional issue with their weight, and will thus be insecure of their physical fitness. Examples are the woman who is still trying to lose her baby weight still after fifteen years, or that man who wants to be physically fit, but is too tied up in his work. When you set little achievable goals for people like these and when they achieve them, they will start to feel much more confident and upbeat about what they have the capability to achieve. The end result will be setting new, more difficult goals all in an effort to be even more fit. They will start looking forward to exercising and enjoy it; and that is the biggest benefit of all.…

A common characteristic of all great leaders is their willingness to take risks. This takes courage. Just being a leader doesn’t give you courage, but courage can give you a position in leadership.

Why is courage an important quality to have as a leader?

When leaders inevitably come to a place where a tough decision is required, it is their personal courage that enables them to stand firm and get through difficult situations.

Courage begins on the inside. When a difficult situation occurs the first battle is within the leader. It is a battle with personal fears and insecurities. Courage does not mean that a leader is free from feeling fear. However, courage is doing the thing that the leader is afraid to do. It takes courage to move out of the familiar and tread into uncharted territory. Despite fear, courage is the power to move forward.

It takes courage to make things right and not just smooth over ruffled feathers. The courage of true leadership is revealed while still standing in the midst of controversy and challenging circumstances. It is relatively easy and requires little effort to stay in your comfort zone or to do what is convenient. Courage is not required to stay comfortable. Leaders need essential people skills to get people to work together smoothly even if some compromise may be needed. However, it also takes courage to make a stand on what you believe to be right.

The courage of a leader will inspire commitment from their followers. Billy Graham said, “Courage is contagious. When a brave man takes a stand, the spines of others are stiffened.” When a leader demonstrates courage, it encourages others to want to follow. Seeing the courage of a leader will inspire courage in the followers. A courageous leader is inspirational!

A leader’s ability to lead is limited by fear. In reality, people who take risks and people who don’t take risks, have the same amount of fear. The desire for safety prevents progress and initiative. However courage opens doors of opportunity. Interestingly, people who don’t take chances spend time worrying about trivial and insignificant things.

As a leader what is your response to your inner fear? Do you embrace stretching experiences as a regular part of your daily life? How can you strengthen your courage and risk taking ability? Here are some suggestions.

Go and do something that you are afraid to do. This might be white-water rafting, bungee jumping, or some similar activity.

Stop avoiding confrontation. If you know you need to speak the truth to someone, don’t keep putting it off.

Take a giant step. We often get stuck in our comfort zone. Is it time for you to make the next step in your career? Do you have an unfulfilled dream that you should move towards? Think about it, talk about it with friends and family and if it seems the right thing to do – just do it!!

Eleanor Roosevelt said, “You gain strength, courage, and …

Without any shadow of doubt, insurance is an important mechanism that succors the individuals, states and the nation at large. You ought to or might have been maintaining one or more policies because of the peace of mind, confidence and security against financial losses that insurance proffered. Then, let me ask this question. Have you ever taken the pain of knowing the nitty-gritty of the premium you paid to the Underwriters annually, whether it’s reasonable or otherwise? The purpose of this article is to bring you to the limelight and be acquitted with the composition of the premium you paid.

Risk premium: Anyway, insurance is all about risk and in order to rate a risk appropriately the underwriter must know the degree of exposure of that property to a particular risk. So that portion of the premium that is allocated to the risk element of the cover is refers to as risk premium which accounted for about 50% of the total premium.

Expense loading: Based on the literary meaning of expenses. This is the apportionment that covers the expenses of the insurance companies like overhead, lighting and heating, rents, staff salaries etc. Conservatively, this will accounted for about 25% of the premium paid to the insurers.

Profit loading: Insurance like any other business operates on the principle of profit centre. To this end, they are in business to make an increasing profit on annual basis. Borne on this fact, the underwriter put this into consideration in charging their premium. The profit element is about 15% of the premium chargeable.

Contingency loading: As you are fully aware that the financial market is dizzy and highly volatile. And to make the situation worst, here come the issue of global economic meltdown that ravaged the whole world. Guess what, insurers behave like a seer (prophet) that is they subjected their businesses to reasonable foreseeability. That part of the premium that is used to cushion the effect of bad wealth or unfavourable business year(s) is referred to as contingency loading.

Here you are, ‘am sure you are no more a novice on factors that constitute the determination of office premium. Have a good day and see you again, your insurance intelligence is my concern.…