How to Move on and Thrive After a Divorce

Being Head of Finance might not have been what you signed up for in life, your marriage and certainly inconceivably after divorce. But somehow, by default, the responsibility now rests squarely on your shoulders. We are not born with any skills in money management. But we do have the ability to succeed against all the odds. Now that the finances are firmly in your hands, see it as a bonus and not a burden.

Changing spending habits

Perhaps in the past you never thought about it, but losing track of spending may have been the norm. Especially, as the tab was picked up by the ex-spouse. Or, you relied on joint incomes. But your spending must now fit into what you have. There is often a niggling thought that it’s not going to work out for me? Will my spending get out of control? Will I be penniless, and worse still, will I have to run cap in hand to the ex-partner. Forging a future for yourself and your children, needs you to be at peace with money.

There are five big negative beliefs when dealing with money after divorce:

1. Fear of not managing – limited self belief that you will not cope

2. Fear of not having enough – what you have will run out and not meet the family’s needs

3. Fear of not being good with money – having never been affirmed or trusted, you believe you must be rubbish with it

4. Fear of living a poor existence – believing that you will live a poverty life without a partner

5. Fear of change – inability to accept that change has happened, and being afraid to embrace new and positive things that are within your grasp.

Fear plays such a big part in the ‘what ifs’ after divorce. Be comforted in knowing there is an answer to every ‘what if’ which is deep rooted in fear, whatever it may be. The practical side of managing finance will always need to be addressed ie paying bills when they’re due and not neglecting it. Being fully aware of your financial obligations is one of the keys to spare you from the taunts of fear. This can be structured very easily in a way that takes the pressure off you and your time.

After divorce, comes the time to really take care of and develop you, as a whole person – your self esteem and confidence needs to be raised, a zest for life needs rediscovering. You cannot turn back the hands of time, (neither would you want to). But with gusto you can live an inspired, affirmed, empowered, fulfilled life, attracting people towards you that support and care for you.

And now finance, must never be the stumbling block that stands in the way of that. What do you want from life? What do you aspire to achieve? Perhaps it’s something you are yet to discover. May the journey of finding out, be kind and … Read More

Understanding Credit Scores – Easier For Lenders to Deal With

A good way to figure out understanding credit scores is to think about having to weed through thousands of credit reports every day like most credit vendors have to. You would like to have something that makes it easier, so you don’t have to spend all that time coming up with your own assessment of each individual credit report.

That is what a credit score is. It is a summation by FICO of what your creditworthiness is based on your credit history. It makes it easier for lenders to make expedient decisions.

In understanding credit scores you must first realize that a credit report is a laundry list of your credit history over your entire list. Any given credit report can be fairly tedious to plow through and quantify. Everyone wants fast credit decisions. The credit applicant wants a fast decision so they can get on with their purchase. The lender wants a fast decision so they can grow their business.

Having to come up with their own individual summations based on the full credit report of an applicant can be a lot of work and delay a decision. That’s not good for the lender because like any business they need to be competitive. Borrowers will be more likely to do business with someone who can make a quick decision.

Understanding credit scores and how they are used can be a great tool in figuring out your financial future.

If you keep a diligent eye on your credit score and continually work to keep it high, you can take advantage of the great prices out there right now on everything from houses and cars to home improvements and other consumer items. Times are tough, but if you have a good credit score you can really do well for yourself and take advantage of your good credit score.

Understanding credit scores and how lenders look at them can give anyone an advantage when making credit deals. The thing to keep in mind is that credit scores are a short cut for lenders to make decisions on how creditworthy you are. To keep your credit scores up you can take some easy steps such as paying bills on time, using prepaid credit cards and trying to consolidate all your outstanding debt into one bill. All of these actions can help raise your credit score so you can take advantage of credit deals . . .… Read More

Making Dough, Splashing Spondulicks and Wasting Wonga

With the exception of sex, drink and food there are more slang words for money in the English language than for any other thing.

Perhaps due to being the UK’s financial centre since commerce began, most of the slang terms for money originated in London.

In the old East End of London, cockney rhyming slang produced some of the most creative terms and phrases for money. Bees (bees and honey), lolly, readies, folding, wonga and hundreds more terms have emerged from Bow to Wapping and Bethnal Green to Whitechapel over the centuries.

The popularity of different terms comes and goes, new variations crop up and older ones are revived with bewildering regularity.

Back in the 1970s you could ask someone to lend you “a lady” without out it being construed as an illicit request. In the decade that gave us glam rock and punk rock “a lady” meant 5 (Lady Godiva – fiver).

For cockneys and mockneys in the 1990s, if something cost “a bag” it was 1000 (bag of sand – grand). More recently, in gambling circles, “a biscuit” has come to mean 1000. This is not exactly rhyming slang, it’s referring to the size of larger casino chips – which look like biscuits.

Borrowing a pony to boost your macaroni

To confuse things further, over time, slang terms for money begin to refer to other slang terms rather than to an actual thing. In the last 5 years it has become popular to use “macaroni” to mean 25. There is no direct connection between “macaroni” and 25, but it does rhyme with pony…

“A pony” has been used to mean 25 since the 18th century and is still popular today. However, theories about the origins of its use are hotly contested.

Some say 25 was the price of a small horse in the 1700s, others argue it’s because there was a picture of a horse on an Indian 25 rupee note at the time. There are even those that trace it back to biblical stories – far too convoluted to go into here.

Whatever the origin, it keeps on changing and maybe one day in the future etymologists will be arguing over why people in early 21st century used “macaroni” to mean 25 – I’m going to get my theory in early and say, given the current rate of inflation, it was the price of a packet of pasta in 2012.

Wonga, wadge and moola

Immigration and travel has had an impact on the words we use for money. Yiddish speaking immigrants from Russia and Germany in the late 1900s and early 20 century had a huge impact on the English language.

It was common to hear many Londoners refer to their money as shekels right up until the early 1960s.

Moola/moolah is as popular today as it was in the 1930s. “Moola” comes from the word matzah, a type of bread. Dough and bread have been used as terms for money for many years.

Wonga … Read More

Art Internships And Their Power To Enhance Your Surroundings

The mile high city has everything from competitive sports; great food, attractions, and skiing that make it a desirable place to live. When visiting though, many people comment on the extensive amount of public artwork the city showcases across the metropolitan area. Starting at the Denver International Airport, the “Blue Mustang” depicts Denver’s western heritage as it towers 32 feet tall, and is also a sample of what else the city displays. Not to mention Denver’s famous Santa Fe art district that features First Friday Art Walks each month. Whether you are here to stay or visiting for a few days it will be hard to miss the impressive public artwork installations and festivals this city has to offer.

The downtown area of Denver displays some incredible pieces of artwork that will catch anyone’s eye. One that stands tall next to the Denver Performing Arts Center is the “Dancers” statue by, Jonathon Brodsky. This pieces depicting two dancing outside of the DAC Theater is whimsical and displays much talent and simplicity as the large white sculpture looms over Speer Blvd. Standing next to the statue may reminds one of the snow-covered mountaintops or how the beauty of Colorado is simple yet massive. As one continues into the downtown area the Denver Art Museum designed by, Daniel Libeskind, its truly must see landmark in the city. The large and industrially modern building houses world-class artwork, hands on art, and even some classes. This is a great place for an art internship if one has the desire to display their creativity to the public. The building exhibits a unique design with a kaleidoscopic exterior of over a million reflective glass tiles that glimmer in the Denver’s fantastic sunlight. The buildings innovation is artistic and could be a show for itself, without having to enter the museum; this is one place that can’t be missed.

The Denver Convention Center also showcases a particularly recognizable art piece called, “I can see what you mean” by, Lawrence Argent, which is a giant blue bear peeking into the tall windowed wall. This piece is fun, innovative, and captures the wildlife appeal that Colorado has to offer. Along with talented public artwork, Denver has a few incredible art districts. More popular is that on Santa Fe. There are over one hundred galleries showcasing fourteen different art types from mixed media to fashion. On the first Friday of each month, “First Friday Art Walk” takes place showcasing current and new artist. This is an event where the art comes to life and interacts with viewers through street art, face painting, and much more. It’s an event you won’t want to end. All of the artists work hard to showcase their work and gain the proper recognition. Several art internships have used this space to highlight their best works and expose the great talent Denver has to offer.… Read More

Keys To Selecting Your Network Marketing Business

Selecting a network marketing company to begin your home based business can be a daunting task for someone unfamiliar with the industry. While few options offer the advantages that a network marketing business does when it comes to cost to get started, low overhead and potential for economic rewards, finding the right opportunity is key to success. Many network marketers find they have had to join a number of companies before finding the right one. There are some keys to look for to help you find the right business quickly, if you know what they are.

Company Leadership:

Sound company leadership, like any business, should be a key item examined when selecting an opportunity to get involved with. Longevity of the company is something that is a must. Who wants to put the effort into creating a large team of distributors and customers, only to have the company go out of business, taking your paycheck with it? Leadership with proven experience and a long history of success in the network marketing industry is something that should be examined prior to signing up with any business opportunity. There is nothing more important than the management of the company when it comes to selecting an opportunity that is right for you. The potential for large income payouts is what draws people, rightly so, to network marketing, but you want that to be longterm income, not something that you enjoy today and it’s gone tomorrow. Management sets the tone for the company and will be responsible for the future growth of it and your business, as they bring on new products, open international markets, and determine the course that will be navigated in the future.

Compensation Plan:

There are a number of compensation plans that populate the network marketing industry, and there isn’t sufficient space here to discuss them all. But, there are some key things that should be examined when you are considering joining a company.

Does the compensation plan offer those new to the business an opportunity to make money quickly? There is no better feeling than getting that first check when you start your business, and the faster that happens, the more excited the person is to work their business, and more importantly remain with the business. The one big knock against the network marketing industry is the number of people who start a business, but quickly fall away. Ensuring that new distributors make money quickly is a must.

Does the compensation plan encourage teamwork for the long term? Many plans are set up to financially encourage distributors to work with people in their business when they first join, but then, as the business grows and those people end up in a portion that is so large that the distributor above no longer has an incentive to work with them. Look for a pay plan that rewards you for working with you entire team, longterm, regardless of how large your business grows. Of course, you are also interested … Read More