Thursday, May 19, 2011
Tuesday, May 10, 2011
FINANCAIL LITERACY FOR ALL- PROTECTION
Protection is a generic word used widely in every profession.
Protection is one strategy that seeks to secure one’s property from attack and harm.
When you protect, you keep your assets from harm, injury, damage or loss and from being stolen.
In the real world, property should be protected because there are always thieves in the neighborhood.
They would even try to steal things you have on your mind
If you therefore spend your time and use your brains to create something you need to protect it so that pirates and similar gangs do not get richer at your expense.
Intellectual property is not physical and therefore should be protected legally.
Seek legal protection for your intellectual property; else lazy ‘smarter’ people would beat you to it and start raking in money at your expense.
Whenever an idea crops up in your mind and you want to make commercial use of that idea, never, I mean never discuss that idea with anybody without a CONFIDENTIAL AGREEMENT FORM for them to sign agreeing to keep the discussion confidential.
You can seek the services of an Intellectual Property lawyer to have your ideas: information, data, inventions, industrial designs, products, brands trademarks, trade secret, and trade dress, name of organization, symbols, reputation and goodwill etc protected for you. In that case you stand a better chance of taking legal actions against people who infringe on your property.
Remember, your creative ideas can be turned into riches and blessings for humanity.
They should therefore be protected, because there are always thieves in the neighborhood.
© 2010, Godwin-Xavier Ayeebo
Email: gayeebo@gmail.com
Blog: www. g-xavierayeebo.blogspot.com
FINANCIAL LITERACY FOR ALL
Financial Literacy is the ability to read numbers and interpret them for profitable use. Organizations show their financial positions, financial performance and cash generation in the form of financial statements.
Financial literacy affords the opportunity to learn to understand these financial statements even when one is not finance professional.
Financial Literacy accords us the opportunity to know all the rules about money, how to make money, how to keep money, how to spend money, what to spend money on, how to make money work for you and many more. Everybody, on this earth uses money, but we are not taught any good deal about money at all at even at the tertiary and professional institutions. We are not being taught Financial Literacy at schools. We are taught literacy but not financial literacy. It is then left with us to take action now to acquaint ourselves with good knowledge of financial literacy. Since every day, we spend money, we make some money and we lose some money sometimes, we need to have very good education on money, that is how to generate money, what to spend the money on, how to sustain it and how to increase it or its worth.
Whoever says, he or she does like money is not only telling a palpable lie but is exhibiting a total denial
No human being in this present world can live without money. We therefore need better education on money whether we are finance professionals or any other person. Remember, everybody needs money to survive this life.
Financial literacy teaches about the types of expenses, types of income, types of loans, types of funding or sources of finance, types of investments, types of financial intermediaries, and many more.
Financial literacy teaches that there different types of income such earned income, if one is an employee , portfolio income from commercial papers such as shares, mutual funds, unit trusts, bonds, options and so on. There is passive income from real estate. What is the source of your income?
Why don’t you consider other genuine means of getting other incomes? Financial literacy would teach you all these and what to do. What is the source of your income and what do spend your income on?
Financial literacy teaches on risks taking and how to manage the risks taken. You should learn to take risks but manage them. Life is full of risks but they should be managed.
In financial literacy, you learn that the rich use what they call the OPT (Other people’s time) and OPM (Other’s people money). In the end they, the rich people have the time to attend to their family and personal problems and they also have the money. They are just smarter to get everything.
In financial literacy, you learn that you need other professionals such as accountants, bankers, brokers, lawyers, estate agents, surveyors, etc to succeed in your quest to achieving your goals and dreams.
Financial literacy is not meant for only highly educated people in society but for everybody, because everybody uses money.
In financial literacy, you learn that there are many ways to retire, such as retire secured, comfortable or free. Which of these do you wish for and what are you doing to get the one you choose?
Financial literacy is not meant for only finance professionals and but for all human
© 2010, Godwin-Xavier Ayeebo
Email: gayeebo@gmail.com
Blog: www.g-xavierayeebo.blogspot.com
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