Concepts to Enhance Learning
Accounting / Human Resources / Interviewing / Sales / Financial Planning
What is Employment at Will?
It is where both the employer or the employee can discontinue the employment relationship with or without cause by giving notice.
What is the best time to arrive at an interview?
Answer: Five minutes before the interview is to start.
Obviously never late. And if you arrive early the interviewer my not be expecting you and thus not ready for your interview. Thus five minutes before interview is best time to arrive.
What it the main objective of the sales phone call?
Answer: To obtain a in person sales appointment and to further qualify the prospects needs.
Financial Planning Model
Establish some amount of savings. Be sure to have medical and life insurance as a foundation. Life Insurance has tax advantages that allows a cash value to grow without tax payments. These funds are accessible and can be used to create a foundation of a solid plan. For example, life insurance can accumulate cash value that if there is an emergency can provide for 3-6 months to pay bills. In addition, depending one’s occupation disability insurance for a key earner in a family is an important consideration.
The next level is saving for down payment on a residence. Later saving for children’s education, vacations and for additional retirement planning are important considerations.
Fees and charges can mostly be avoided by establishing a relationship with a Life and Accident agent and starting accounts at Schwab and other Financial Institutions.
If higher net worth situation. A individual should consider a fee based financial advisor. Have a tax advisor CPA and lawyer for estate planning.
CPA and Lawyers charge hourly fees. Check rates they can vary. Financial advisors will charge 1.5 to 3.0 of the asset value they manage. Unless high net worth situation save fees by learning about diversification and purchasing funds at Schwab.
Divided 70 by the investment rate to estimate how many years it will take for an investment to double in value. Example: An investment rate of return of 10% will double in value in 7 years.
70 / 10 = 7 Years