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10 Basic Principles Of Financial Management by ValourDigest(m): 3:10pm On Aug 16, 2018
10 BASIC PRINCIPLES OF FINANCIAL MANAGEMENT
FINANCIAL MANAGEMENT IS MORE THAN KEEPING ACCOUNTING RECORDS. IT IS AN ESSENTIAL PART OF ORGANISATIONAL MANAGEMENT AND CANNOT BE SEEN AS A SEPARATE TASK TO BE LEFT TO FINANCE STAFF OR THE HONORARY TREASURER. FINANCIAL MANAGEMENT INVOLVES PLANNING, ORGANISING, CONTROLLING AND MONITORING FINANCIAL RESOURCES IN ORDER TO ACHIEVE ORGANISATIONAL OBJECTIVES.
These 10 Principles will guide you through the process.

ORGANIZE YOUR FINANCES
Organizing your finances is the first step to creating wealth. Credit cards, bank accounts, personal loans, brokerage accounts, mortgages, car loans and retirement accounts should to be tracked. Budgeting software can provide complete solutions to track all such accounts, make on-time payments and more. Jeff Morris, a certified public accountant in Bethesda, Maryland, points out: “Once you enter your accounts and balances into budgeting software, you will be able to spend less time getting organized and more time making sense of your situation.”
Read more at; https://valourdigest.com/10-basic-principles-financial-management/


5 TOOLS TO HELP YOUR TEAM COLLABORATE BETTER THAN EVER
Collaboration can mean the difference between success or failure in an organization. In fact, one survey found that 86 percent of people attribute workplace failures to lack of collaboration.

In today’s era of distributed teams and remote workers, technology plays an essential role in collaboration; it can shake up the status quo in a good way. For instance, tools employing artificial intelligence remove the drudgery and add predictive suggestions, making collaboration faster and easier. And today there are new types of collaboration tools which weren’t around a few years ago.

Here are five collaboration tools that will disrupt your business in the best way possible.

VIDEO CONFERENCING TOOLS
Read more at; https://valourdigest.com/5-tools-to-help-your-team-collaborate-better-than-ever/


HOW TO ACHIEVE YOUR GOALS IN SEVEN SIMPLE STEPS
The importance of goal setting cannot be overemphasised. In addition to putting us on the path of predictable success, goal setting helps us to make the right decisions that will transform our lives and move us closer to our desired reality. Having worthwhile goals and working towards achieving them will give meaning and direction to our day-to-day activities. You can learn to set worthwhile goals by following these seven steps:

1. TAKE STOCK OF YOUR CURRENT SITUATION
What do you think of your current situation? Are you happy with it? Are you living your best life and making the most of every opportunity available to you?

2. ANALYSE YOUR RESULT FROM STEP 1
Read more at; https://valourdigest.com/how-to-achieve-your-goals-in-seven-simple-steps/



INSPIRATIONAL QUOTES ON AGEING
“It is not important how old you are; it is how you feel, how you think,
and what you do that is important.” — Catherine Pulsifer

“How old would you be if you didn’t know how old you are?” — Satchel Paige,

“Beautiful, young people are accidents of nature. But beautiful, old people are works of art.” — Eleanor Roosevelt

“Nobody grows old by merely living a number of years. People grow old by deserting their ideals. Years may wrinkle the skin, but to give up wrinkles the soul.” — General Douglas MacArthur
Read more at; https://valourdigest.com/inspirational-quotes-age/


A STEP BY STEP GUIDE TO REPAIRING CAR PAINT CHIPS, FLAKES AND SCRATCHES
Using a car for years means that you probably have acquired your fair share of scratches, dents with flaking paint, and paint chips that you have been ignoring.

If you are ready to invest some money and read through this car paint repair guide, you can stop the rust in its tracks, touch up your car’s finish and get your vehicle back into reasonable shape.

While you may not get the same results as body shop results, the techniques in this guide can make the blemishes less noticeable and delay the onset of rust-through.
Read more at; https://valourdigest.com/a-step-by-step-guide-to-repairing-car-paint-chips-flakes-and-scratches/

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