Congratulations!

[Valid Atom 1.0] This is a valid Atom 1.0 feed.

Recommendations

This feed is valid, but interoperability with the widest range of feed readers could be improved by implementing the following recommendations.

Source: http://isimplychange.blogspot.com/feeds/posts/default

  1. <?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><feed xmlns='http://www.w3.org/2005/Atom' xmlns:openSearch='http://a9.com/-/spec/opensearchrss/1.0/' xmlns:blogger='http://schemas.google.com/blogger/2008' xmlns:georss='http://www.georss.org/georss' xmlns:gd="http://schemas.google.com/g/2005" xmlns:thr='http://purl.org/syndication/thread/1.0'><id>tag:blogger.com,1999:blog-1980983032454344534</id><updated>2024-02-08T15:27:37.012+00:00</updated><category term="finance"/><category term="concentration"/><title type='text'>:: I Simply Change ::</title><subtitle type='html'>Simple changes for changing your life.&#xa;Focusing on your own finance is just a special form of mental concentration...</subtitle><link rel='http://schemas.google.com/g/2005#feed' type='application/atom+xml' href='http://isimplychange.blogspot.com/feeds/posts/default'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1980983032454344534/posts/default?redirect=false'/><link rel='alternate' type='text/html' href='http://isimplychange.blogspot.com/'/><link rel='hub' href='http://pubsubhubbub.appspot.com/'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/16971702508884014932</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><generator version='7.00' uri='http://www.blogger.com'>Blogger</generator><openSearch:totalResults>6</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>25</openSearch:itemsPerPage><entry><id>tag:blogger.com,1999:blog-1980983032454344534.post-3901095355378473096</id><published>2011-11-28T18:14:00.001+00:00</published><updated>2012-03-14T17:28:15.323+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="concentration"/><category scheme="http://www.blogger.com/atom/ns#" term="finance"/><title type='text'>Autopilots and habits</title><content type='html'>We have to deal with our inner resistance every time we decide to introduce smaller or bigger changes in our lives (i.e. when we decide to use a personal finance software to discover where and how the hell is our money gone, since we were sure it should have been smiling to us happily from our checking account).&lt;br /&gt;
  2. &lt;br /&gt;
  3. Luckily enough, we can rely on our ability to create habits. &lt;br /&gt;
  4. &lt;a name=&#39;more&#39;&gt;&lt;/a&gt;Routines always come to help to simplify our lives, to alleviate an effort of will power that is truly insurmountable for some.&lt;br /&gt;
  5. &lt;br /&gt;
  6. There are also some software, often free or donateware or inexpensive, that help to achieve more effective and comfortable control over our will power on controlling our finances.&lt;br /&gt;
  7. &lt;br /&gt;
  8. Making a weekly stock of their personal financial situation and of their financial transactions is the most obvious thing in the world for some. For others, however, it is something inconceivable, impossible to carry on for more than the first week, just before being overwhelmed by things far more important and urgent :-).&lt;br /&gt;
  9. &lt;br /&gt;
  10. As with all things, if we manage to create a habit, a routine, everything becomes easy and natural as when we train regularly or when we follow a diet. We don&#39;t have to make any extra effort, we just put the autopilot...</content><link rel='replies' type='application/atom+xml' href='http://isimplychange.blogspot.com/feeds/3901095355378473096/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://isimplychange.blogspot.com/2011/11/autopilots-and-habits.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1980983032454344534/posts/default/3901095355378473096'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1980983032454344534/posts/default/3901095355378473096'/><link rel='alternate' type='text/html' href='http://isimplychange.blogspot.com/2011/11/autopilots-and-habits.html' title='Autopilots and habits'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/16971702508884014932</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1980983032454344534.post-8826172726638011249</id><published>2011-07-18T13:08:00.000+01:00</published><updated>2012-03-12T11:18:50.616+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="finance"/><title type='text'>A company asks for a loan: The general criteria by which banks are considering granting credit to an SME.</title><content type='html'>We all know that is not always easy getting a loan from a bank. It&#39;s also true that very often we are not well prepared during our very first meet with the bank or we expose our request in the worst ways, creating the best conditions for receiving a loan request denial. Beyond what may be important the financial strength of the applicant or his being positively known (this aspect can also been taking into account a lot especially the small local banks), the bank evaluates the possibility of granting credit to the company according to criteria that you should know.&lt;br /&gt;
  11. &lt;br /&gt;
  12. First, the bank needs to understand the competitive ability of your enterprise through information on the current situation and forecasts of market development in which it operates, the products or services produced and or marketed and its competitive position in its market, taking into account the characteristics of the sector and the patterns of competition. &lt;br /&gt;
  13. &lt;a name=&#39;more&#39;&gt;&lt;/a&gt;With your cooperation, the bank seeks to first understand the nature of the legal and ownership structure, the business sector, products or services offered, key competitors, sales channels, the phase of the cycle of life of your products or services, the experience of owners and managers.&lt;br /&gt;
  14. &lt;br /&gt;
  15. The bank will then need to identify the nature and origin of the financial needs of your company, ie the &quot;why&quot; the company is asking for the loan and what propose to you.&lt;br /&gt;
  16. &lt;br /&gt;
  17. For example your financial needs could be related to:&lt;br /&gt;
  18. &lt;ol&gt;
  19. &lt;li&gt;the financing of working capital (which originates from the different timing that characterizes receipts and payments: acquisition - processing - sale;&lt;/li&gt;
  20. &lt;li&gt;the financing of investments;&lt;/li&gt;
  21. &lt;li&gt;the replacement of existing loans with other more congenial to the capital structure and to the dynamics of the financial (eg, short-term loans with medium/long term, in line with the duration of the assets).&lt;/li&gt;
  22. &lt;/ol&gt;
  23. The evaluation of the bank continues with the analysis of repayment ability of the enterprise. It seeks to ascertain, first, whether there are economic and financial conditions for success, if the firm is able to repay the&amp;nbsp;borrowed&amp;nbsp;capital.&lt;br /&gt;
  24. &lt;br /&gt;
  25. This analysis by the bank follows several approaches, depending on the type of business, the amount requested, the type of your enterprise&#39;s financial needs.&lt;br /&gt;
  26. &lt;br /&gt;
  27. For example, for short-term financing needs related to&amp;nbsp;current&amp;nbsp;operations such advance or discount of receivables, the bank evaluates&amp;nbsp;the overall financial situation as well as&amp;nbsp;the capacity of producing&amp;nbsp;cash flows&amp;nbsp;in the short-term.&lt;br /&gt;
  28. For medium or long-term loans the bank assesses the ability to repay the loan in future years, by giving precedence to the study and interpretation of not only the cash flows but also the economic flows that the company will be able to generate in future years.&lt;br /&gt;
  29. &lt;br /&gt;
  30. The venture capital or equity capital for the bank is an important indicator of the confidence that the entrepreneur or the ownership are placing the initiative and, therefore, the measure of risk that they bear.&lt;br /&gt;
  31. And the amount of venture capital directly affects the amount of debt inasmuch as increasing amounts of capital may be associated with larger amounts of debt capital, mostly made ​​up of bank loans.&lt;br /&gt;
  32. It&#39;s clear that the amount of capital affects the overall balance of the assets of the company.&lt;br /&gt;
  33. &lt;br /&gt;
  34. There is not a &quot;right&quot; level of invested capital defined a priori for most of the firms, because that value depends on the characteristics of both the enterprise and the specific business sector. The consequence is a different borrowing capacity and therefore a different contribution of equity by the entrepreneur or the ownership.&lt;br /&gt;
  35. &lt;br /&gt;
  36. The bank, to mitigate its risk with each client, asks almost always guarantees. Through the provision of adequate guarantees (I&#39;ll go into deep of the concept of &quot;adequate&quot; in another post), a company can have access to funding even in the presence of low levels of capitalization, or with a short history of market presence, and even if following the assessments made we talked about earlier, there remain uncertainties about its creditworthiness. Ultimately, the guarantees transfer part of the banks&#39;s risk on the company or on other persons (whether shareholders or third parties), while not changing the risk profile of the funded initiative.&lt;br /&gt;
  37. &lt;br /&gt;
  38. An important factor taken into consideration is the quality and quantity of relations between the bank and the company. The bank may know the applicant because of the relationships it has had in the past and therefore it is in possession of information about its solvency, ability and willingness to meet its commitments to the banking system. And the same goes for information about relationships between the company and the banking system as a whole.&lt;br /&gt;
  39. &lt;div id=&quot;fb-root&quot;&gt;
  40. &lt;/div&gt;
  41. &lt;script&gt;
  42. (function(d){
  43.  var js, id = &#39;facebook-jssdk&#39;; if (d.getElementById(id)) {return;}
  44.  js = d.createElement(&#39;script&#39;); js.id = id; js.async = true;
  45.  js.src = &quot;//connect.facebook.net/en_US/all.js#appId=173002449444031&amp;xfbml=1&quot;;
  46.  d.getElementsByTagName(&#39;head&#39;)[0].appendChild(js);
  47. }(document));
  48. &lt;/script&gt;
  49. &lt;br /&gt;
  50. &lt;div class=&quot;fb-like&quot; data-href=&quot;www.isiplychange.com&quot; data-send=&quot;true&quot; data-show-faces=&quot;true&quot; data-width=&quot;450&quot;&gt;
  51. &lt;/div&gt;
  52. &lt;script type=&quot;text/javascript&quot;&gt;
  53.  var _gaq = _gaq || [];
  54.  _gaq.push([&#39;_setAccount&#39;, &#39;UA-12274983-2&#39;]);
  55.  _gaq.push([&#39;_trackPageview&#39;]);
  56.  
  57.  (function() {
  58.    var ga = document.createElement(&#39;script&#39;); ga.type = &#39;text/javascript&#39;; ga.async = true;
  59.    ga.src = (&#39;https:&#39; == document.location.protocol ? &#39;https://ssl&#39; : &#39;http://www&#39;) + &#39;.google-analytics.com/ga.js&#39;;
  60.    var s = document.getElementsByTagName(&#39;script&#39;)[0]; s.parentNode.insertBefore(ga, s);
  61.  })();
  62. &lt;/script&gt;</content><link rel='replies' type='application/atom+xml' href='http://isimplychange.blogspot.com/feeds/8826172726638011249/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://isimplychange.blogspot.com/2011/09/company-asks-for-loan-part-1-general.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1980983032454344534/posts/default/8826172726638011249'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1980983032454344534/posts/default/8826172726638011249'/><link rel='alternate' type='text/html' href='http://isimplychange.blogspot.com/2011/09/company-asks-for-loan-part-1-general.html' title='A company asks for a loan: The general criteria by which banks are considering granting credit to an SME.'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/16971702508884014932</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1980983032454344534.post-1573234691779643244</id><published>2011-07-16T13:45:00.000+01:00</published><updated>2012-03-12T11:18:34.818+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="concentration"/><category scheme="http://www.blogger.com/atom/ns#" term="finance"/><title type='text'>Happy with what you have to be happy with...</title><content type='html'>&lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;It is almost impossible to come to appreciate, in every moment of our life, what we already possess without being a practicing Buddhist or Franciscan.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
  63. &lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;The (simple?) trick shold just being focussed on the &quot;here and now&quot;, to be present, alert and aware. This is enough to appreciate the inestimable value of every single moment, simply because of its uniqueness.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
  64. &lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;Easy to say, less to put into practice &lt;/span&gt;&lt;br /&gt;
  65. &lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;if you do not allow a small commitment to work on yourself, being all of us grown up programmed to anxiously seeking for existential anxiolytics, to accepting as inevitable to be overwhelmed by worries, most of which, if we only would stop for a moment and breath and think, I&#39;m not sure we should allow them to affect our good mood.&lt;/span&gt;&lt;br /&gt;
  66. &lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;&lt;br /&gt;Of course we all know, money is more than just a medium of exchange or payment, it&#39;s a measurement which does not belong only to the economic sphere of life but also a means of sublimation of frustrated ambitions, of a need for affection, of poor self-esteem, of social revenge.&lt;br /&gt;And the cynicism of some marketing techniques tends to take advantage of these weaknesses, of the ephemeral pleasure that money can buy (from time to time it may be a plasma TV, a new GPS device, a new smartphone with a built-in washing machine), simply relying on the deep psychological needs, so common, widespread and recurrent, and further increasing the size of what we &quot;should&quot; consider &quot;necessary&quot; not to feel rejected by our own world.&lt;/span&gt;&lt;br /&gt;
  67. &lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;&lt;br /&gt;In my blog we will deepen the reflections outlined above to address the obvious, immutable, and difficult to circumvent law according to which our demand for money depends on our needs.&lt;br /&gt;Our needs are, in turn, according to our purchasing power.&lt;br /&gt;And the purchasing power is expressed by the amount of money available to us at any given time (money that, if we do not have at present, can be borrowed, sure!).&lt;/span&gt;&lt;br /&gt;
  68. &lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;&lt;br /&gt;When there&#39;s a gap between purchasing power and needs, there are 3 only solutions:&lt;/span&gt;&lt;br /&gt;
  69. &lt;ol&gt;
  70. &lt;li&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;reducing costs&lt;/span&gt;&lt;/li&gt;
  71. &lt;li&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;increasing revenues&lt;/span&gt;&lt;/li&gt;
  72. &lt;li&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;borrowing money (which just means to delay the solution 1. plus interest)&lt;/span&gt;&lt;/li&gt;
  73. &lt;/ol&gt;
  74. &lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;Being everything easy as it is, &amp;nbsp;why does money generates so much worries? :-)&lt;/span&gt;&lt;br /&gt;
  75. &lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;
  76. &lt;/span&gt;
  77. &lt;br /&gt;
  78. &lt;div id=&quot;fb-root&quot;&gt;
  79. &lt;/div&gt;
  80. &lt;script&gt;
  81. (function(d){
  82.  var js, id = &#39;facebook-jssdk&#39;; if (d.getElementById(id)) {return;}
  83.  js = d.createElement(&#39;script&#39;); js.id = id; js.async = true;
  84.  js.src = &quot;//connect.facebook.net/en_US/all.js#appId=150865138338129&amp;xfbml=1&quot;;
  85.  d.getElementsByTagName(&#39;head&#39;)[0].appendChild(js);
  86. }(document));
  87. &lt;/script&gt;
  88. &lt;br /&gt;
  89. &lt;div class=&quot;fb-like&quot; data-href=&quot;www.isimplychange.com&quot; data-send=&quot;true&quot; data-show-faces=&quot;true&quot; data-width=&quot;450&quot;&gt;
  90. &lt;/div&gt;
  91. &lt;script type=&quot;text/javascript&quot;&gt;
  92.  var _gaq = _gaq || [];
  93.  _gaq.push([&#39;_setAccount&#39;, &#39;UA-12274983-2&#39;]);
  94.  _gaq.push([&#39;_trackPageview&#39;]);
  95.  
  96.  (function() {
  97.    var ga = document.createElement(&#39;script&#39;); ga.type = &#39;text/javascript&#39;; ga.async = true;
  98.    ga.src = (&#39;https:&#39; == document.location.protocol ? &#39;https://ssl&#39; : &#39;http://www&#39;) + &#39;.google-analytics.com/ga.js&#39;;
  99.    var s = document.getElementsByTagName(&#39;script&#39;)[0]; s.parentNode.insertBefore(ga, s);
  100.  })();
  101. &lt;/script&gt;</content><link rel='replies' type='application/atom+xml' href='http://isimplychange.blogspot.com/feeds/1573234691779643244/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://isimplychange.blogspot.com/2011/09/happy-with-what-you-have-to-be-happy.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1980983032454344534/posts/default/1573234691779643244'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1980983032454344534/posts/default/1573234691779643244'/><link rel='alternate' type='text/html' href='http://isimplychange.blogspot.com/2011/09/happy-with-what-you-have-to-be-happy.html' title='Happy with what you have to be happy with...'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/16971702508884014932</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1980983032454344534.post-6130610979565593554</id><published>2011-07-12T12:38:00.000+01:00</published><updated>2012-03-12T11:18:20.107+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="concentration"/><category scheme="http://www.blogger.com/atom/ns#" term="finance"/><title type='text'>Assessing your needs</title><content type='html'>&lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;1) The first step is to shed light on what is really important for you, understanding what your (real) needs are.&lt;/span&gt;&lt;br /&gt;
  102. &lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;&lt;br /&gt;2) The next is to define your objectives. Firstly the &lt;/span&gt;&lt;br /&gt;
  103. &lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;personal ones and then the business ones: only after having clarified your personal goals you may have a clear vision of what to &quot;demand&quot; from your job or&amp;nbsp;&lt;/span&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;economic&amp;nbsp;&lt;/span&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;assetts in terms of financial performances.&lt;/span&gt;&lt;br /&gt;
  104. &lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;&lt;br /&gt;3) The third step is to create a budget, a simple plan (but a followed one!).&lt;br /&gt;Do you want your company to simply generate earnings? How much? By when? Do you want to build a company that, squeezing profits for a number of years, will become well established in its market, perhaps with the intention of reselling it in the future? Or are you planning to pass it to your children in 10 years? Do you just want to create new jobs? Do you want to clear a heavy over-indebtedness in 3 years with a policy of wise profits distribution?&lt;br /&gt;As there is no unique strategy and goals setting for all companies, there can not be the same goals in life for each one of us.&lt;br /&gt;The concept of &quot;wealth&quot; is not, therefore, the same for everyone. A man &quot;feel rich&quot; only when &quot;feel&quot; that he has enough for his and his family needs, when he&#39;ll have learned to appreciate what he already has, regardless of whether this might appear short to others.&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
  105. &lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;The pursuit of wealth, intended as the endless pursuit of a growing purchasing power, will be as useful&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
  106. &lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;as chasing the other end of a rainbow.&lt;/span&gt;&lt;br /&gt;
  107. &lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;&lt;br /&gt;&lt;/span&gt;
  108. &lt;br /&gt;
  109. &lt;div id=&quot;fb-root&quot;&gt;
  110. &lt;/div&gt;
  111. &lt;script&gt;
  112. (function(d){
  113.  var js, id = &#39;facebook-jssdk&#39;; if (d.getElementById(id)) {return;}
  114.  js = d.createElement(&#39;script&#39;); js.id = id; js.async = true;
  115.  js.src = &quot;//connect.facebook.net/en_US/all.js#appId=150865138338129&amp;xfbml=1&quot;;
  116.  d.getElementsByTagName(&#39;head&#39;)[0].appendChild(js);
  117. }(document));
  118. &lt;/script&gt;
  119. &lt;br /&gt;
  120. &lt;div class=&quot;fb-like&quot; data-href=&quot;www.isimplychange.com&quot; data-send=&quot;true&quot; data-show-faces=&quot;true&quot; data-width=&quot;450&quot;&gt;
  121. &lt;/div&gt;
  122. &lt;script type=&quot;text/javascript&quot;&gt;
  123.  var _gaq = _gaq || [];
  124.  _gaq.push([&#39;_setAccount&#39;, &#39;UA-12274983-2&#39;]);
  125.  _gaq.push([&#39;_trackPageview&#39;]);
  126.  
  127.  (function() {
  128.    var ga = document.createElement(&#39;script&#39;); ga.type = &#39;text/javascript&#39;; ga.async = true;
  129.    ga.src = (&#39;https:&#39; == document.location.protocol ? &#39;https://ssl&#39; : &#39;http://www&#39;) + &#39;.google-analytics.com/ga.js&#39;;
  130.    var s = document.getElementsByTagName(&#39;script&#39;)[0]; s.parentNode.insertBefore(ga, s);
  131.  })();
  132. &lt;/script&gt;</content><link rel='replies' type='application/atom+xml' href='http://isimplychange.blogspot.com/feeds/6130610979565593554/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://isimplychange.blogspot.com/2011/09/assessing-your-needs.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1980983032454344534/posts/default/6130610979565593554'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1980983032454344534/posts/default/6130610979565593554'/><link rel='alternate' type='text/html' href='http://isimplychange.blogspot.com/2011/09/assessing-your-needs.html' title='Assessing your needs'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/16971702508884014932</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1980983032454344534.post-353558373218699795</id><published>2011-07-07T12:12:00.000+01:00</published><updated>2012-03-12T11:18:07.515+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="concentration"/><category scheme="http://www.blogger.com/atom/ns#" term="finance"/><title type='text'>Financial independence vs. financial wealth</title><content type='html'>&lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;&quot;When I was young I believed that the most important thing in life was money, now that I am old I know it&#39;s true.&quot;&lt;/span&gt;&lt;br /&gt;
  133. &lt;div style=&quot;text-align: right;&quot;&gt;
  134. &lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;Oscar Wilde&lt;/span&gt;&lt;/div&gt;
  135. &lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
  136. &lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;After all this fussing and fighting around money?&amp;nbsp;&lt;/span&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;Beyond the necessary amount needed for survival, (and not wanting to bring the famous Maslow&#39;s hierarchy up), it is evident that many, for their whole life, live chasing wealth. And among these, many expects as a natural corollary of wealth that much-needed sense of peace and fulfillment that only brings to happiness.&lt;/span&gt;&lt;br /&gt;
  137. &lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;The paradox of this situation is that strenuously pursuing&lt;/span&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;&amp;nbsp;a &quot;feeling of wealth&quot;, &lt;/span&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;through the simple pursuit of ever-increasing purchasing power, will never get you anywhere for the simple fact that this kind of feeling is related to the level of recognition that we receive from our environment. So it doesn&#39;t come from within, but from the outside.&lt;/span&gt;&lt;br /&gt;
  138. &lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;
  139. &lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;Despite all efforts,&lt;/span&gt;&lt;br /&gt;
  140. &lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt; we may not &quot;feel&quot; never &quot;rich&quot;. I could &quot;feel rich&quot; with a new chicken whilst a &amp;nbsp;millionaire could &quot;feel poor&quot; until he decides to suffer by comparing his standard of life with that of others.&lt;br /&gt;If you do not translate your personal concept of wealth in terms of &quot;financial independence&quot; there will always be someone richer to emulate (envy?), And when you&#39;ll become &quot;rich&quot; like him, there will always be someone richer to compare with that will be able to make you feel &quot;poor.&quot; Then life will not be very different from that of a hamster who struggles to run inside his wheel.&lt;/span&gt;&lt;br /&gt;
  141. &lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;&lt;br /&gt;Meanwhile, in an attempt to become &quot;theoretically rich,&quot; you will perhaps also harbored a grudge against someone and contempt towards themselves, overwhelmed by your work. And the lower your self-esteem, the more you&#39;ll spend in self-gratification (and unuseful) purchases, increasing your need for money and time to produce it, with the result that you will live with the feeling of never having time for private life. You&#39;ll waste your best energies toward goals that your subconscious &quot;feel&quot; far from those you really care and maybe actually considered &quot;minor&quot; only because they do not generate money, and stealing your time, not infinite and never really enough, that you&#39;d better spend with your loved ones.&lt;br /&gt;&lt;br /&gt;In short, you shouldn&#39;t look for &quot;wealth&quot;, an ambiguous and elusive concept, but for &quot;financial independence&quot;, ie to achieve an availability of money such that it no longer poses a central question in your life.&lt;br /&gt;And this condition is reached not when you are &quot;rich&quot; in the abstract, but when your income is at least equal to your real needs, including your financial need for future purposes.&lt;br /&gt;&lt;br /&gt;You just need to clarify your ideas and your own personal goals. Try to always be alert and aware of what your real needs are, because not all the expenses and desires are really necessary, or even&quot; yours&quot; as marketing experts know well.&lt;/span&gt;&lt;br /&gt;
  142. &lt;span class=&quot;Apple-style-span&quot; style=&quot;background-color: white; color: #444444; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 15px; line-height: 20px;&quot;&gt;&lt;br /&gt;&lt;/span&gt;
  143. &lt;br /&gt;
  144. &lt;div id=&quot;fb-root&quot;&gt;
  145. &lt;/div&gt;
  146. &lt;script&gt;
  147. (function(d){
  148.  var js, id = &#39;facebook-jssdk&#39;; if (d.getElementById(id)) {return;}
  149.  js = d.createElement(&#39;script&#39;); js.id = id; js.async = true;
  150.  js.src = &quot;//connect.facebook.net/en_US/all.js#appId=150865138338129&amp;xfbml=1&quot;;
  151.  d.getElementsByTagName(&#39;head&#39;)[0].appendChild(js);
  152. }(document));
  153. &lt;/script&gt;
  154. &lt;br /&gt;
  155. &lt;div class=&quot;fb-like&quot; data-href=&quot;www.isimplychange.com&quot; data-send=&quot;true&quot; data-show-faces=&quot;true&quot; data-width=&quot;450&quot;&gt;
  156. &lt;/div&gt;
  157. &lt;script type=&quot;text/javascript&quot;&gt;
  158.  var _gaq = _gaq || [];
  159.  _gaq.push([&#39;_setAccount&#39;, &#39;UA-12274983-2&#39;]);
  160.  _gaq.push([&#39;_trackPageview&#39;]);
  161.  
  162.  (function() {
  163.    var ga = document.createElement(&#39;script&#39;); ga.type = &#39;text/javascript&#39;; ga.async = true;
  164.    ga.src = (&#39;https:&#39; == document.location.protocol ? &#39;https://ssl&#39; : &#39;http://www&#39;) + &#39;.google-analytics.com/ga.js&#39;;
  165.    var s = document.getElementsByTagName(&#39;script&#39;)[0]; s.parentNode.insertBefore(ga, s);
  166.  })();
  167. &lt;/script&gt;</content><link rel='replies' type='application/atom+xml' href='http://isimplychange.blogspot.com/feeds/353558373218699795/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://isimplychange.blogspot.com/2011/09/financial-independence-vs-financial.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1980983032454344534/posts/default/353558373218699795'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1980983032454344534/posts/default/353558373218699795'/><link rel='alternate' type='text/html' href='http://isimplychange.blogspot.com/2011/09/financial-independence-vs-financial.html' title='Financial independence vs. financial wealth'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/16971702508884014932</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1980983032454344534.post-886949523073396405</id><published>2011-07-04T11:26:00.000+01:00</published><updated>2012-03-12T11:17:46.365+00:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="concentration"/><category scheme="http://www.blogger.com/atom/ns#" term="finance"/><title type='text'>Tempus fugit...</title><content type='html'>When you look at low (or &quot;average&quot;) income people, you can spot an apparent direct relationship between the ability to generate income and the time needed to produce it. This direct relationship seems, however, to dissolve when you observe high-income people. In fact, in the same time, some people become richer than others. The ability to generate wealth is not, therefore, to be attributed only to the number of hours spent working.&lt;br /&gt;
  168. &lt;br /&gt;
  169. People who are financially independent have not just devoted much of their time to become rich, nor they have&amp;nbsp;necessarily&amp;nbsp;worked more than others. Certainly, however, they have been able to make productive use of their time, concentrating on activities relevant to their goals.&lt;br /&gt;
  170. It&#39;s always interesting for me to observe how subtle and sneaky is the different (and linked) perceptions of time and money in people, the ability to perceive the flow of time and the flow of money.&lt;br /&gt;
  171. In my practice, when a company asks me to implement a budgetary control system, &lt;br /&gt;
  172. &lt;a name=&#39;more&#39;&gt;&lt;/a&gt;the less complex&amp;nbsp;aspects&amp;nbsp;are those of strictly technical nature (eg, the identification of cost centers or the choice of criteria for re-allocating costs or the creation of budgets and reports). The most delicate and complex moments arise, rather, during the implementation of the system, that is the phase in which plans are translated into actions. Among the majority of entrepreneurs or managers there is an irrational and strong inertia to CHANGE, a tendency to postpone everything seems to create a havoc in their habits and routines. Any change is hard, we are always afraid to make mistakes, to fail, to discover how much humanly fragile or weak we are. But delaying only worsens any situation. Simply letting go time and things does not solve the problems, especially if they are of financial nature.&lt;br /&gt;
  173. &lt;br /&gt;
  174. Those who lack a correct perception of time passing, those who can not handle it or who have poor time management skills or habits, almost never have a clear perception of the flow of money, they just can not handle it, leaving others &quot;steal&quot; their money and their time, giving away too much of their time to other people&#39;s programs, finding themselves having to give up, as a subsequent, their own.&lt;br /&gt;
  175. &lt;br /&gt;
  176. Conversely, when we regain control over our agenda, better managing our time, we&#39;ll be able to free more and more new time for our goals. And the same happens when we take control over our finances, not only because we may have decided to use a budget, but also because just the simple and continuous monitoring of financial flows, knowing where every cent goes, reveals and releases new resources.&lt;br /&gt;
  177. &lt;br /&gt;
  178. Whoever ending-up with the finances in disarray is often full of never carried plans in the drawer, he&#39;s an&amp;nbsp;inarginabile&amp;nbsp;latecomer to appointments (including those with me!), pays overdue bills for a mere procrastination of the problem, feels distressed because he has waited until the very last night for buying his Christmas gifts, he has postpone the visit to the dentist maki the situation even worse.&lt;br /&gt;
  179. And all of it for his tendency to procrastination, to the bad habit to postpone: to postpone the start of his diet, to postpone that loan application, to postpone a decision on his divorce, to pospone to change his life.&lt;br /&gt;
  180. And indeed, sometimes he solemnly decides to change.&lt;br /&gt;
  181. From tomorrow, of course :-).&lt;br /&gt;
  182. &lt;br /&gt;
  183. We can joke about it but, financially, procrastination and the discontinuity in completing our own commitments to achieve our goals and objectives (eg, respect a budget) is a real misfortune, sloppy surrounded as we are by distractions and emergencies rarely important.&lt;br /&gt;
  184. &lt;br /&gt;
  185. But yet there are many techniques allowing us to compensate for our tendency to postpone that would make the happiness of every follower Mafalda&#39;s Felipe, to allow us easily to get things done.
  186.  
  187. &lt;br /&gt;
  188. &lt;br /&gt;
  189. &lt;div id=&quot;fb-root&quot;&gt;
  190. &lt;/div&gt;
  191. &lt;script&gt;
  192. (function(d){
  193.  var js, id = &#39;facebook-jssdk&#39;; if (d.getElementById(id)) {return;}
  194.  js = d.createElement(&#39;script&#39;); js.id = id; js.async = true;
  195.  js.src = &quot;//connect.facebook.net/en_US/all.js#appId=150865138338129&amp;xfbml=1&quot;;
  196.  d.getElementsByTagName(&#39;head&#39;)[0].appendChild(js);
  197. }(document));
  198. &lt;/script&gt;
  199. &lt;br /&gt;
  200. &lt;div class=&quot;fb-like&quot; data-href=&quot;www.isimplychange.com&quot; data-send=&quot;true&quot; data-show-faces=&quot;true&quot; data-width=&quot;450&quot;&gt;
  201. &lt;/div&gt;
  202. &lt;script type=&quot;text/javascript&quot;&gt;
  203.  var _gaq = _gaq || [];
  204.  _gaq.push([&#39;_setAccount&#39;, &#39;UA-12274983-2&#39;]);
  205.  _gaq.push([&#39;_trackPageview&#39;]);
  206.  
  207.  (function() {
  208.    var ga = document.createElement(&#39;script&#39;); ga.type = &#39;text/javascript&#39;; ga.async = true;
  209.    ga.src = (&#39;https:&#39; == document.location.protocol ? &#39;https://ssl&#39; : &#39;http://www&#39;) + &#39;.google-analytics.com/ga.js&#39;;
  210.    var s = document.getElementsByTagName(&#39;script&#39;)[0]; s.parentNode.insertBefore(ga, s);
  211.  })();
  212. &lt;/script&gt;</content><link rel='replies' type='application/atom+xml' href='http://isimplychange.blogspot.com/feeds/886949523073396405/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://isimplychange.blogspot.com/2011/09/tempus-fugit.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1980983032454344534/posts/default/886949523073396405'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1980983032454344534/posts/default/886949523073396405'/><link rel='alternate' type='text/html' href='http://isimplychange.blogspot.com/2011/09/tempus-fugit.html' title='Tempus fugit...'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/16971702508884014932</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry></feed>

If you would like to create a banner that links to this page (i.e. this validation result), do the following:

  1. Download the "valid Atom 1.0" banner.

  2. Upload the image to your own server. (This step is important. Please do not link directly to the image on this server.)

  3. Add this HTML to your page (change the image src attribute if necessary):

If you would like to create a text link instead, here is the URL you can use:

http://www.feedvalidator.org/check.cgi?url=http%3A//isimplychange.blogspot.com/feeds/posts/default

Home · About · News · Docs · Terms

 
Copyright © 2002-9 Sam Ruby, Mark Pilgrim, Joseph Walton, and Phil Ringnalda