With increasing of clothes prices in the mall or super stores, people try to looking for alternatives to get cheaper clothes. Event there is effect on the reducing of quality but actually that’s not a big problem for ordinary people. For us who think still have others important needs in our life, quality or brand of clothes is not big issue.

Even we use un-branded cloth but actually we still have desire to use the famous brand like other peoples. So with limited fund in our hand, can we get the good quality of clothes? (more…)

I just finish the paintball game with my friends this afternoon then I open my mask and put it on the table. We are very happy with the game even just for short time, only 30 minutes but for us that’s very hot situation because we grab (more…)

The balance sheet is a financial snapshot. It shows the assets, liabilities, and equity (net worth) of a person or a company at a given point in time. The equity is the value of the assets minus liabilities.

When we talk about the average 50-year-old American having a net worth of less than zero, that means that their liabilities (the amount they owe) are more than their assets (the value of what they own).

There are a number of problems for most individuals when they are preparing their own balance sheets (more…)

In some cases when reviewing an investment you might be presented with an income statement only. The income statement is only one part of the financial statements. You must see all statements in order to get a full sense of the investment potential. The income statement is a great place to start, though!

The income statement shows the income and expense items for a specific period of time, whereas (more…)

I really feel sleepy this morning, may be because of I was late went to the bed last night. I feel lucky today just have few jobs to finish until this afternoon so I can little bit relaxed. I have a plan to sleep for half hour after lunch to recharge my power.

I already several days sleep late because (more…)

The third type of financial statement is a statement of cash flows. These are not commonly prepared for small businesses, which I think is a real mistake as they are an excellent indicator of the strength of the business. Even worse, they are almost never prepared for an individual. A company could be making income (shown through the income statement) and yet go broke. And an individual could have money in an account and still be on the way to (more…)

I just receive call from my credit card provider. I am surprise why they call me in the morning or maybe I have something that I can’t remember with them? After conversation around two minutes finally she, the caller of credit card provider, offers me a new credit card with some different of my existing card. When I ask her why they choose me, she answer that I am one of invited person to (more…)

Odetta’s small retail store was growing at a phenomenal rate. She had clearly found a niche in the market with her customized aromatherapy business. She couldn’t keep up with the demand for her customized formulas and so hired an assistant. Of course, the assistant now took more of her time during the training period but Odetta realized that was just part of the growing pains. She also had to keep ordering more and more essential oils to (more…)

This time nothing can stop my desire to start new small business and my plan the next month it can run for soft launch. Few months ago I did a research about anti crisis business and the result was a this plan. During promotional season I will prepare some kind of (more…)

There is a story I like to tell from my own experience growing up in Oregon called the “crabs in a box” story. One of our weekend activities would be to go to the Oregon coastline and go crabbing for Dungeness crabs.

There are specially designed crab traps that you bait and throw into the ocean from the docks. The traps lure the crabs through a funnel-like opening that lets them in but doesn’t let them out. Meanwhile, you just wait on the dock, usually drinking coffee to keep warm against the cold Oregon rain. After a while, you pull up (more…)