Archive for the ‘Finance and Business’ Category

postheadericon How to Create a Working Budget

How to Create a Working Budget

Two Methods:Budgeting HelpCreating a Working BudgetCommunity Q&A A budget is a great way to take control of your finances and save for some goal or maybe just get out of debt. Budgeting Help Sample List of Expenses Sample Low Income Budget Sample High Income Budget Sample Family Budget Sample Club Budget Budget Tips and Tricks Creating a Working Budget 1 Calculate how much money you earn in a month after taxes. For this budget plan, use your net pay or take home pay. Include tips, supplementary income, side-jobs, investments etc….

postheadericon How to Create a Will

How to Create a Will

Three Parts:Understanding the LawPlanning Your WillWriting Your WillCommunity Q&A When a person dies, a probate court distributes his assets and debts according to the terms of his will. If a deceased person does not have a will, state inheritance laws dictate how his assets and debts are transferred. To ensure that your assets and debts are distributed in the way that you would like them to be, and not according to the distribution scheme set forth by your state, you will need to create a valid will. The requirements for…

postheadericon How to Create a Trust Fund

How to Create a Trust Fund

Three Methods:Understanding the Basics of a TrustStructuring a Trust FundOpening the Trust FundCommunity Q&A Although the idea of a trust fund is generally associated with estate planning for the very wealthy, middle class families can also benefit from the tax advantages and privacy of a trust fund. The idea that you have to be rich to utilize a trust fund is a fallacy. Trust funds allow people to distribute their property and assets to beneficiaries without having to involve the courts in the probate process and without having to pay…

postheadericon How to Create a Sub Account in GnuCash

How to Create a Sub Account in GnuCash

One Methods:Alternative MethodCommunity Q&A GnuCash can be a little bit complicated at first, but this article, and wikiHow, are here to make it easier for you. Creating a sub account is just one part of what you’ll need to do. Read on to learn more. 1 Click on the account that you want to add a sub account to. 2 Right click on the account (Fixed Assets) and look at the options. Click on New Account… 3 Put in the appropriate information that you need for the account. At the…

postheadericon How to Create a Strong Email Marketing Campaign

How to Create a Strong Email Marketing Campaign

A strong email marketing campaign is vital to the success of any online business in the 21st century. Properly executed, an email marketing campaign can reach thousands of potential customers without a significant amount of financial overhead. Learning how to create a strong email marketing campaign involves utilizing detailed knowledge of both your customer base and the product or service you are offering. When done effectively, a solid email campaign can bring a high rate of investment (ROI) on your initial effort. 1 Determine the purpose of your email marketing…

postheadericon How to Apply Cash Flow Principles to Your Financial Life

How to Apply Cash Flow Principles to Your Financial Life

While there are a lot of businesses failing at this stage of the economy, it isn’t because the basic cash flow principles aren’t solid. Cash flow isn’t just about cash on hand, a budget, or a profile. It’s about fine details of the income vs. the outgo. 1 Understand what ‘cash flow’ is and what it isn’t. Cash flow is just that, cash that flows, that is, moves, not what the money is used for. Cash flow is the movement of cash, money, or any negotiable product, into or out…

postheadericon How to Create a Specifically Targeted Mailing List

How to Create a Specifically Targeted Mailing List

Direct mail is an extremely effective way to get your sales pitch into the hand of potential customers. A targeted mailing list will ensure you are getting your message into the right hands. By focusing your message to a more specific audience, you will save money on postage and printing. There are several easy steps to create a specifically targeted mailing list for a direct marketing campaign. 1 Analyze your current customer database. Your current customers are a great tool in creating a targeted mailing list. 2 Gather as much…

postheadericon How to Create a Simple Checkbook Register With Microsoft Excel

How to Create a Simple Checkbook Register With Microsoft Excel

Five Parts:Creating the ColumnsFormatting the CellsCreating FormulasAdding CategoriesProtecting Your Check RegisterCommunity Q&A It’s convenient to record your checking account activity with an electronic check register you create using Microsoft Excel. You can customize your check register to categorize expenses so you can keep track of where your money goes. Create a formula that keeps a running balance of how much money is in your account. Not only is this a useful project, but it is also simple enough that beginners can use it to learn some basics of how to…

postheadericon How to Create a Rental Agreement

How to Create a Rental Agreement

Three Parts:Researching State LawsWriting a DraftFinalizing the AgreementCommunity Q&A A rental agreement is a legal document that creates a short-term agreement between an owner and a renter. Although a rental agreement is sometimes used for equipment, it is most commonly created for a rental property. It is advisable that you have your rental agreement verified by a real estate lawyer, in part because of the wide variety of local and state laws relating to rental agreements.[1] However, you do have the right to create a rental agreement on your own…

postheadericon How to Create a Revocable Trust

How to Create a Revocable Trust

A revocable living trust (RLT) is a probate-free approach to pass your assets to your beneficiaries after your death. Besides avoiding probate court, an RLT has other advantages. For instance, you can amend the trust at any time, avoid challenges to your estate and segregate your property from community property assets. However, before you enjoy the advantages you must know how to create a revocable trust. 1 Understand an RLT. An RLT is a trust that you set up and manage now instead of creating a will. You transfer ownership…