Lists

6 Questions You Need to Ask Before You Update Business Equipment

Naturally, you have ambitious goals for your business as the year unfolds. Depending on the industry you’re in—retail, restaurant, salon, auto repair, etc.—your business equipment may play an essential role in your productivity and profitability. In this case, is the equipment that runs your business up to the task?

When should you consider taking out business loans for inventory and when should you make do with what you’re using right now? In addition, once you’ve got the funding, should you buy brand new equipment or consider using thrift-savvy techniques like repairing equipment, buying used equipment or buying refurbished equipment?

The best way to answer these and other questions you might have about equipment is to get a big picture perspective of your situation. Once you can analyze your current equipment needs, you’ll know what to do to fulfill them.

With that in mind, let’s review 6 questions you can ask to stimulate new ideas and a better understanding of your current equipment inventory.


3 Quick Ways to Save Smaller Amounts That Add Up Over Time

Many of us want to attack the idea of being frugal by saving large sums of money – but trying to save too big an amount too quickly can backfire. That’s because you may need to cut back in every aspect of your life, and this could affect your well-being.

Imagine living without an air conditioner in the extreme summer heat when you’re trying to reduce the electricity bill or not being able to eat at your favorite restaurant when you’re trying to save money on food. There’s disaster written all over it.

Don’t get me wrong, saving a big sum of money is good, but you’re more likely to avoid getting stuck in a rut if you make a series of small savings that add up over time. With the tips mentioned below, you’ll see a decent figure on your bank statement at the end of the year, without feeling like you have had to sacrifice your lifestyle to achieve this feat.


5 Thoughts That are Secretly Destroying Your Goal Progress

Our life isn’t as logical as we like to think.

You may plan your goals perfectly, but when the time comes for action, it doesn’t work out.

That happens to all of us, because our emotions affect our decisions. We don’t think about that when we set goals.

A 2014 study shows how our emotions affect our logical decisions. So how do you deal with that? You have to make these decisions and set your goals when you’re in a logical state, and then push through when you’re thinking emotionally. Easier said than done.

Don’t worry, I’ve summed up five of the most common emotional thoughts that will destroy your goal progress. Once you acknowledge that these thoughts exist, you can fight them off.


4 Ways I Don’t Make Money Blogging (And 3 Things I Promise to Never Do)

There are probably thousands of ways to make money blogging. And I don’t use most of them.

As a followup to my recent guide on how to make money blogging, I feel that it’s appropriate to tell you how I don’t make money blogging.

I know everyone says this, but I blog because I genuinely want to help people. I love to learn, write and teach, so this is a fitting place for me to be. However, because of that, I don’t make anywhere close to as much money as I could with this blog. And I’m fine with that.

In fact, I’m going to show you several ways I’ve cut my income for the sake of my readers.

Let me explain the ways I choose not to make money blogging, and why. I’ll also tell you 3 things I promise to never do as long as I own this blog.


6 Ways to Overcome Social Anxiety and Feel Confident in Social Situations

We’ve all been there.

A dinner party at work. A meet and greet at church. An “open house” at school.

Events that should be easy, but we end up making them awkward and uncomfortable.

The good news is that you’re not alone. We’re all awkward! Some more than others, of course.

Let me explain 6 things I’ve done to build confidence and reduce some of the awkward social stress.


4 Smart Ways to Increase Your Creativity as a Freelance Writer

Are you a freelance writer?

Or are you dreaming of becoming one?

Being your own boss and building a small business might be easier than you think. You just need to be creative!

But don’t be too excited about it, there are a few helpful writing tips you still need to learn about putting up the best creativity in your freelance job or career.


3 Apps That Are Taking My Productivity to the Next Level

I don’t like to have a hundred different apps on my phone.

The more I have, the less benefit I get from the ones I do have.

For me, the 80/20 rule definitely applies to the apps I use on a daily basis.

I’m using [actually less than] 20% of my apps for 80% of my productivity. And here they are.


How Benjamin Franklin’s 13 Virtues Can Make You More Productive

Benjamin Franklin was widely known for his practices and habits…specifically: his virtues.

He was a lifehacker before it was cool.

He believed in living a fulfilling and productive life, which is what brought him to these 13 virtues.

I’ll go over each one and show you how to apply them to your life to increase your productivity.


5 Reasons Most Entrepreneurs Never Turn a Profit

The facts are in: most entrepreneurs never make as much income operating their own business than they did as an employee working for someone else. This may shock you because we see entrepreneurs on television, featured in magazines, and we constantly hear stories of massive success. It turns out, however, that these stories of massive entrepreneurial success are the exception and not the rule. There are five important reasons why most entrepreneurs never turn a profit and why entrepreneurs fail.


5 Things You Need to Do When You Get a Raise

I got a new job and my income went up 38% several years ago. The increased payday felt huge, because nothing about my life setup really changed. I didn’t move into a fancy apartment or buy a new car.

But something subtle did change psychologically for me. I felt like I had more money so I spent a little bit more at restaurants and a little bit more on clothes. I figured I had a little extra money, might as well enjoy it.

When the credit card bill came, I found that my expenses increased right along with my income. Getting a raise was great, but it was so easy to spend the extra money. I hadn’t paid down student loan debt, saved any money, nor invested – all the things I’d imagined doing with the extra income.


Top 6 Ways to Save Money for a Down-Payment

Four bedrooms with a large backyard and a white picket fence.

For most people, this is an American dream that they cannot wait to attain.

But turning that dream of homeownership into a reality can take a lot of grit and determination in this day and age. Considering that a traditional mortgage requires a 20 percent down-payment and that the average price for a single-family home sold in 2014 was $345,800 according to the US Census Bureau, you would have find a way to save a whopping $69,160 (not to mention additional closing costs) before you would be able to sign on the dotted line.

So how is it that 437,000 people were able to do that?

We at Modernize have a few tips to help you reach your goal without having to give up everything.


5 Ways of Showing Investors and Clients You Mean Business

When starting your own business, it can sometimes feel as if the odds are stacked against you. It is important to stay proactive if you want to get anywhere with your business, whether you are selling a product, offering a service or providing some other level assistance to your client base. Taking a step back, when starting a business, is not what you want to do in order to get anywhere. You need to tackle things head on. One major ‘goal’ you should hope to achieve is to solidify the nature and the value of your business in the eyes of your investors and your intended clientele.

So what can be done to make sure that they know you mean business and you mean to create a successful business from the get go? Read on for our 5 top tips on showing your investors your stance on getting your business off the ground.


5 of the Most Expensive Cities to Live In

If you were always and continuously nagging and saying that living in your town costs way too much, take your time readings this article. We are, together with our new fellows from Travel Ticker, present you a list of the world’s most expensive cities. Some of them might surprise, some of them not, but all of them are going to help you rethinking the way you are living for sure. Are you ready?


7 Crucial Money Lessons Every Parent Must Teach Their Child

Money regrets – we all have some. We’ve all made financial decisions we would ‘undo’ given half a chance. It might be the under-performing property we wished we’d passed on or that great property we wish we had really chased.

Given how important financial skills are to navigating life, and the fact that schools don’t teach children about money, as a parent here’s a few important financial lessons you can teach your child as he or she grows up:


7 Tips for Taking Out a Personal Loan

Being rejected when you apply for a loan or other form of credit can be dispiriting experience. You may be asking yourself what you did wrong, what is suggesting that you are a credit risk or if there has been a mistake.

It’s worth remembering if you are in this situation that you are not automatically entitled to credit. Banks and other lenders only lend to people that they think represent a low risk on what is an investment on their part and are unlikely to accept applications for people they think are unlikely to repay the money they want to borrow. It’s a balancing act – they want to protect their money while, at the same time, increasing the profits they make from the interest charged on the loans that they do make.