Global Slowdown, plan your career and finances

How are you doing?  Here I found very good article regarding managing finance during slowdown. I hope it this will help you in to manage future decade for your career and finances. Also, Let’s hope Indian economy will continue performing good and survive with global economy crisis.

We’ve learnt our lessons the hard way. But rather than wait for the next
recession blow, one can play it safe.   Sanjeev Sinha  ( The Economic Times)

10 points that can equip you to deal with similar situations

THE OVERALL impact of the financial meltdown, which is certainly huge, is
now evident across the world. Particularly, the pain of job losses and drop
in savings is being felt everywhere. This, in turn, has instilled a sense of
fear and cynicism in the minds of investors globally. Still, while we are
making vast efforts to extricate ourselves from the current crisis, little
effort is being made to prevent the next one. Rather than wait, however,
there are many things which can be done now to avoid another crisis, or at
least cushion the blow when it comes. Listed below are 10 personal finance
lessons we can and should learn from the meltdown:

CONTROL EXPENSES & STICK TO THE BUDGET

You are more likely to face financial problems, if you have been extravagant
in your expenses. However, in a bid to tide over the current crisis and also
avoid such crises in future, you need to adhere to some financial
disciplines, and making a budget and sticking to it is one of them. Sticking
to the discretionary budgets, in fact, can help you handle the uncertainty
in the non-discretionary expenses.

New Year’s Tips for New You

Focus Resolutions on Getting the Most out of Life, Now

© Tel Asiado

New Year’s tips to a fresh start for a healthier, calmer, and less stressful life.

The New Year means giving yourself another chance at life, a fresh start. Some might have prepared their resolutions, while others can’t be bothered but that doesn’t mean they haven’t mentally prepared themselves their own resolve. Always, it’s the time to plan carefully, set goals and prioritize. By doing them, simple things can be enjoyed with a calmer and less stressed living. Here are some tips or reminders to consider.

Reflect

You know you need to change, but can’ t quite put your finger on what exactly is making you anxious, unsettled or frustrated. Desires can be muddled by responsibilities or concern for others, fear of the consequences, uncertainties or being out of touch with your feelings. A few mental exercises can help pinpoint your goals. Write down your thoughts, worries and needs. It’s a powerful way to clarify thoughts, confront fears and help identify and secure commitments. Make your goals specific, measurable, attainable and time-specific.

Take a look at your life from a number of perspectives: work, home, health, relationships and money. How about your spiritual life? How do you feel about each of these areas? Be specific. What actions can you take to improve on them?

What is work-life balance?

In the simplest explanation, balance in life means ‘time for everything’. Work-life balance means you undertake and enjoy the responsibilities and workloads of both, your work and your family life. Balance doesn’t necessarily mean having more free time. But it does mean that you utilize every moment in a way that is as pleasant and productive for your own living.

Restore the rhythm of your life

Tips to balance your WORK and LIFE

Life is more than a series of meetings- emails and presentations. But when you get a job in one of your dream companies, when you start working, when responsibilities haunt you from behind, you tend to miss life somewhere under a pile of tensions and deadlines.

Since no steps are taken to bring back that LIFE into your life, by the time small tensions grow up to big diseases and deadlines broaden to your lifetime.

Absence of a work-life balance is commonest in today’s professional lives. Responsibilities are the criminals here. When your work demands more responsibility from you, the other side of your life starts struggling. When life, importantly personal or family life, calls for more attention from your side, your professional focus sinks. This kind of an aimless, unbalanced life-flow offers you tensions and stress lavishly and you fall as an easy victim to the diseases every time. No wonder, very strange and rare diseases befall, as you struggle from all the spheres of your being, the physical, psychological as well as the spiritual being.

steps to winning the war for talent

Accountancy firms and other professional service firms have long been competing in what has become known as the ‘war for talent’.

The only alternative one hears (the ‘battle for talent’) also sounds as if it belongs in a bygone era and is more relevant to the armed forces than to those providing professional services to their clients.