A popular practice amongst companies today is to allow staff to decide whether or not they would like a 13th cheque at the end of the year. The staff member can elect to receive his or her annual salary in 12 monthly payments, or reduce the amount paid each month in order to build up a reserve which is paid out as a bonus, or 13th cheque.
These examples show how much you can benefit simply by placing funds which you only need at a later date, into your bond account. Even if you can only leave the money in the bond for a few days at a time, there are still significant benefits to be gained.
The problem, as discussed in the previous article, is the capitalisation of interest, over and over again EVERY MONTH FOR 20 YEARS! So what do we do about it? Well, the fact that interest is calculated daily can be used to our advantage.
The purpose of this series of articles is to provide bondholders in South Africa with practical and simple methods of reducing their bond terms, thereby saving money in the process. We will use practical examples to illustrate the effect that these methods can have in reducing your bond term.
To get something you want through intimidation or violence is to invite trouble. Yes, it’s possible but not advisable to use forceful methods because the results are undesirable and at times disastrous. To get what you want, give people what they want. Just what do people want?
The act of giving your very best to the needy can likewise cultivate the best emotional satisfaction in your heart. Whatever form of help you extend, be it service or something of value, you will undoubtedly receive something better in return.
Businesses that deploy collaborative networks, a tool set to become just as indispensable as e-mails and telephones, will have a distinct competitive edge over their market competitors. This is according to Aaron Fulkerson, CEO of MindTouch, a popular collaboration platform that enables users to connect and customise enterprise systems, social tools and web services.
Organisations that maximise employee passion – a key factor in creating customer loyalty grow more sustainably, make more money and perform better on the stock market than their apathetic peers. According to researchers at leading training and development firm The Ken Blanchard Companies®. Dr Drea Zigarmi, Dobie Houson and David Witt, employee passion extends beyond the meaning of some of the present research on engagement. It is a complex end state, dependent on eight critical success factors:
People who believe they can do something tend to succeed. Those who believe they can’t, tend to fail. What you think is what you get. This means every time you start any sentence with, “I can’t …” “I have to …” or “It’s impossible to ..,” you are holding yourself back, says career fulfilment specialist Patricia Soldati.
Strategies for making intelligent decisions By asking “What is the most intelligent thing we can do right now?” business teams learn to employ one of sixteen habits of mind to handle challenging scenarios intelligently and powerfully. Such results require teams to skilfully combine multiple talents, attitudes, cues, past experiences and behavioural predispositions.