Why a Stock Take is Important for Proper Financial Management

As we start the New Year 2016, it is very important that we take stock of what has transpired during the year 2015. I like us to focus on Personal Financial Management during this year’s (2015) stock take.

Money - the root of all evil, or the source of happiness?
Try to examine the major crisis or challenges that have come your way during 2015 – I can bet that more that 50% revolve around money issues.
Personal Financial Management.
From a corporate perspective, Financial Management is a very important aspect. It provides various useful tools in evaluating investment decisions, operational issues financing and dividend decisions.
It is also true to say that Financial Management also provides vital tools and techniques that can help individuals manage their finances properly. Good Personal Financial Management leads to wealth maximization and happiness. Almost all the decisions that humans take have a financial consequence; it is therefore vital that personal financial management techniques are applied to personal decisions to prevent negative financial consequences (e.g. stress and relationship damage).
The following non exhaustive list of key personal finance issues are worth considering:
• Personal budgets – how much of your income is spent on what? What are your financial obligations – you need to know thyself financially.
• Savings – how much is saved and how is this savings done.
• Investments – are you tying cash in investments; are your capital assets producing revenues or gaining value as the years go by?
• How do you prepare for crisis in life: do you have an insurance policy or some funds saved for crisis management. Do you borrow out of desperation during crisis and suffer the negative consequences for a very long time in your life or do you anticipate and take proactive actions.
• Life is good and celebrations are a way of enjoying life – these celebrations come at a cost though. Do you plan financially for the wedding or the marriage? What percentage of your income goes to alcohol and enjoyment?
• How financially literate are you? Financially literate people hardly fall for scams.
• Who do you consult for financial advice?
One of the companies you can talk to for financial advice is 25-45 Business Consulting SA, a proudly Cameroonian company.
Written by Collins Mazu
Founder of 25-45 Business Consulting SA.

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Baths Take On a New Seasoned Look from Modern to Traditional

Everything old is new again especially when it comes to bathroom remodeling. Homeowners are discovering one of the hottest trends in bathroom decor is replacing existing bathtubs with vintage Victorian baths. To further accentuate the look of the bath, elaborate traditional shower mixer taps are installed giving the bathroom a true historic appeal.

As do people come in all shapes and sizes, baths are following suit to accommodate every lifestyle exemplifying unique individual tastes incorporating extraordinary design elements. Creating a bathroom to reflect ones personal style can easily be accomplished with several different designs to choose from. Freestanding roll top baths are a great way to combine contemporary with traditional design by incorporating an ornate wooden pedestal or classical ball and claw foot mounts. 

Creating a balanced look in your bathroom should take some considerable thought, whether it sumptuous curves or bold sleek lines, your blueprints should factor in floor space, plumbing, existing bathroom furniture and bathroom accessories. Corner baths are becoming increasingly popular not only due to their unique shape, but they are also a way of giving your bathroom a more spacious feel when designing for a smaller bathroom. Since baths are now available in a multitude of sizes, choosing a corner bath is the perfect addition to any bathroom giving it a refined geometrical look.

While bathtubs consume a large percentage of a bathroom remodeling budget, selecting a bath that is durable is a vital consideration. Todays popular choice for homeowners especially with children, acrylic has become one of the ideal choices in bathtubs finishes. Known for its flexibility, acrylic allows for creating a myriad of bath designs. Lightweight and fiberglass filled, acrylic baths are resistant to cracks and chips and are easily maintained. Today acrylic is highly regarded as a luxurious material that provides a deep and stylish design and gives a custom look to any bathroom installation.

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