Importance of Family in Our Life

Family is very important part of our everyday life. It helps us in improving our personality. It also helps us in shaping our life. It teaches us the value of love, affection, care, truthfulness and self-confidence and provides us tools and suggestions which are necessary to get success in life.

Family is a place where you can be yourself. It is a place where you are accepted for what you are. This is where you are completely tension free and everyone is there to help you. Family encourages you when you are surrounded by problems. It helps you survive through tough times and bring joy and happiness into life.

Decency is very important in the communication of daily life. It helps us make strong relationship with others and make us come across as a very gentle, intelligent and likable person. Everyone loves to be in a company of such person. Family helps bring decency into our life which is necessary to lead a happy life.

One of the most important aims of our life is to build a successful and highly rewarding career. Our families help us in creating a strong future. It gives us valuable suggestion about different career prospective. It not only guides us in choosing the best but also financially helps us to cover the expenses of education. Thus it helps us in making a good future.

The importance of family is probably realized when one went to holiday or celebrate an occasion without family members. It was very hard to celebrate an occasion or went to holiday without being surrounded by family members. At that time probably we realize that how important they are to us. At that time, we came to know about the importance of our families.

Today, most people don’t realize the importance of family. They prefer to spend most of their time with their friends. But when they are surrounded by problems, it was their family that helped them get rid of problems. At the time, when even our best friends refuse to help us, it was our family that came to help us. So it is very important for each and every individual to give importance to their families above anything else and enjoy spending time with family members.

Advertising and Debt

Being aware of advertising is essential in the battle against debt. We live in a world were commercialism reigns. "Look at how beautiful you will be in this" and "You will not be happy unless you have that". It is really a poison that many people fall sick to. (It being a poison if you really can not afford it) It is funny how so many people do not like being told what to do, teenagers especially, yet in reality its what advertising really does and all fall victim to it to some degree. To be a good advertiser, you have to make people think they need something but not that your telling them they need it. However the point of this article is not on how to become a good advertiser but rather to be aware of what advertising's affect on your wallet.

I find the people who find themselves in a debt trap have often gotten themselves into it by obviously spending more than they can afford. But why would someone cognitively go and do this? True could be it was a careless misunderstanding of what your bank account was looking like, or that you forgot there were other payments out there for the month. But for many, it was that they figured they could not live without a product or that it just tempted them to such a degree that they just "Needed to have it" or they "Owed themselves it" Yet what tempted them in the first place , advertising anyway?

Good advertising has a multiple effect, let me explain. If a company makes a product and it sells well from their initial advertising campaign, well suddenly everyone who has that product now is indirectly advertising for that product. A company loves this because of their ROI (Return on Investment) just increased without further help on their part. So if your neighbors have the fancy new garden accessory, or newly finished driveway, tile roof and you like neighbors, then your neighbors are indirectly advertising the product to you. So it is just good to be aware of the messages that the world can through at you. It is important to interpret each financial pull and put them in order of importance in your head. Sometimes just understanding why you might be desiring something can help you see it in a different light.

Cloud Computing: Pros and Cons

Trying to decide whether cloud computing for your company? Before you make any decisions, consider the pros and cons.

Drawbacks:

  • One issue that many business owners worry about when using cloud computing is security. They figure that as long as their important documents and information are stored locally, their data is safe. While that's not true, as anyone who's been hacked knows, the best way to combat this fear is to ask questions when interviewing cloud companies. Find out what their security measures are to ensure that your financial, personnel, banking and other sensitive information is as secure as if it were in a safe deposit box.
  • Unlike the one-time outlay of capital when purchasing a server, with cloud computing you will have ongoing monthly costs. In addition to subscription fees, paying for your bandwidth can prove a costly enterprise. Doing your homework to find out exactly how much it will cost is essential.
  • You'll be at the mercy of your Internet connection. If the Internet is down, you will not be able to access your data. While stronger and more pervasive Internet connectivity is rapidly rendering this problem obsolete, it's still an issue.

Benefits:

Allows IT department to be more than a server babysitter.

If your IT guys do not have to worry about constant server updates and other computing issues, they'll be free to focus on innovation.

Automated updating.

No longer do IT personnel need to worry about keeping software up to date.

Catastrophe insurance.

If your office burns down, is leased by a tsunami or swept up by aliens, your data is safe, stored in the cloud instead of the server in the broom closet.

Collaboration.

In the olden days, your staff could only collaborate when they were in the same room. Not anymore.

Flexibility.

As long as you have an Internet connection, you can work wherever and whenever you want.

Less expensive to run.

Since you do not have to buy software (and all the subsequent updates and upgrades), you save a bundle. You only pay for what you need, and many cloud computing apps are free. Typically you pay a monthly fee, giving you the opportunity to pay for only what you use, not a bunch of extra stuff that you do not even know what it is.

Level playing field for small companies.

Your startup can use the same tools that Fortune 100 companies on your terms and budget.

Quick and easy to set up and maintain.

How quick and easy? As setting up a Hotmail, LinkedIn or Facebook account.

Scalability. You can scale your usage up or down according to demand. If you have busy and slow seasons, this can really help you manage your finances.

Risks and Benefits of Tax Lien Investing

Tax lien investing is something that every serious investor in real estate should consider. But the last thing you must do is leap into it without considering all that's involved.

What are tax liens?

Most states of the USA have a system for collecting unpaid property taxes and enabling reliable payers to be deposited back on the tax roll. These states use either a "tax deed" system or a "tax lien" system, depending on what rights are sold to the purchaser of the property. Under a tax deed system, county Governments will sell full ownership and possession rights to the investor. In tax lien states, it is only the right to the tax lien or tax claim on the property that is sold.

The tax lien is an encumbrance or enforcement right. It provides the investor with the right to receive interest penalty charges if the lien is paid off by the delinquent owner, or the right to foreclose and take title to the property if the lien is not paid.

So tax liens are a highly attractive investment opportunity. These are just some of the many benefits:

· The tax lien is a high priority lien which takes precedence over judgment liens, mortgage liens, trust deeds etc.

· There is the right to collect interest or foreclose. If the lien is redeemed by the delinquent property owner, you can collect a double-digit return. If not, you can foreclose and obtain full ownership rights.

· It is the responsibility of the county to chase up payment – it is not your problem.

· The tax lien is usually for a small fraction of the property's market value, so the investment is highly secured.

· The investor is not subject to land owner liability. This is clearly an advantage, as there are an increasing number of laws against property owners.

· Interest rates are usually 16-24 percent, according to state law.

· The investment is low risk and low maintenance.

So the temptation is to leap blindly into this seemingly very attractive type of investing. But those who do not take care can get their fingers burned. These are aspects you should attend to:

· Assessing the property. Since you are purchasing the lien, not the property itself, it is tempting to go ahead without bothering to view the property. However, the security and value of the lien are based on the actual property. So you do need to see what sort of property it is.

· Market value of the property. There are all sorts of factors that may affect the value of the property and hence the value of the lien. These include zoning regulations, location, city restrictions, flood plain paths etc. Researching these factors is essential.

· Although property tax liens have a high priority, in some states federal and state tax liens share equal priority. Sometimes people who have failed to research survival liens and encumbrances have received a nasty shock when they find their lien is not number one. This shock can easily be avoided with some simple research.

· One risk factor can be created by the delinquent taxpayer becoming bankrupt after the purchase of a lien. The tax lien holder is usually given high priority in this situation. However there could have been a problem in the case of a Chapter 7 bankruptcy where payment of the tax lien has to wait until the expenses of administration are paid.

· If a lien is administrated by the FDIC (Federal Deposit Insurance Corporation) there could be serious delays in the foreclosure process. It is essential to check whether this is so before completing the purchase.

The good news is that most of these risks can be avoided by doing reasonable research before investing. This makes tax liens one of the safest and most profitable forms of investment. And if you as the investor do fall into any of these traps after reading this, you only have yourself to blame!