0 Never Let Your Money Sleep: Why Time Is Your Best Friend in Financing

Time and time again, you will be hearing business experts put emphasis on the importance of proper time management for businesses. This is a fact that you will be reading from various self-help and business educational books. In addition to that, you will also be hearing these in various seminars and lecture. You may be wondering why time management is very important.

Most businessmen think that there is more to the business industry than thinking about time and how to manage it. Instead of focusing on their time management skills, most business owners think that it is a lot more important to focus on other business skills like marketing and many more. Although these skills are quite important too, all of these skills and expertise will be put to waste if you do not know how to properly manage your time.

So, is investing your time on enhancing your management skills totally worth it? Well, ask the experts and the owners of the leading companies all over the world, was it worth their time? For sure, they would say yes! If you won't believe them, then here are some great reasons why you should spend your time on bettering time management skills:

• Improved Quality of Work. Since you have successfully managed your time, you can get the needed tasks done in no time. As a result, you will have extra time to think the decision s through. Also, you can have enough time to think of alternative approaches as well as add additional but necessary information to your task. If you finish your work late, it will be quite impossible for you to do all this. With enough time, you can get to enhance the quality of your work.

• Reduced Stress and Anxiety. If you have great time management skills, then it would be very easy for you to stick to the schedule that you have done and finish your tasks on time. Because of this, there is no need for you to re-check the work that you are doing or evaluating the importance of your current tasks. This does not only help you save a lot of time but it also reduces anxiety as well. This is also great for people who have too many items on their plate. If you have to multitask, great management skills will ensure that you would not have to take tasks more than you can handle. With great management skills, you do not have to rush or worry if you can beat the deadline.

• Source of Motivation. It is best to set deadlines than do things without any plans. With established deadlines, you will be more motivated to finish the task on hand. For example, you can focus on your task more clearly if you are aware that you only have an hour to do it. There would be lesser distractions since you have a goal to finish.

• Increased Work Productivity. One of the things that time management is most famous for is its ability to increase the productivity of a person or an organization. By setting priorities and realistic time goals, people are rest assured that they will be doing every important work needed. Because of this, they will not omit any important task. In addition to that, this also helps people to prevent spending too many time on one task. Also, the person will not have to rush, he will be more calm, making it easier for you to focus more on the task at hand.

So, keep your money awake all the time by learning the proper time management skills you need to grow your business!

About the Author: Sarah is a finance and business blogger based in the Philippines. She is currently working for Australian Grants Gov Portal. An Australian government business grants website made specially for people seeking government grants programs, loans and funding for your business, start-up or community group.

0 How to Get the Best Auto Loan Rate

If you're in the market for a different car, whether it will be brand new or slightly used, it's probably very important to you to get the best rates you possibly can on an auto loan. There are a lot of sources you can go to in order to get a loan, but some of them may not offer you very good rates. Here are a few tips on how to get the best auto loan rates.

Do Your Research

No one is going to walk in off the street and offer you a loan, especially if you expect good interest rates. You're going to have to make the effort to try and find a lender that will give you the best rate. Due to the nature of buying a car, which will invariably involve negotiating a good price, you will want to be prepared when you walk into the dealership. That means doing some research to find the best rate you can on a loan.

Ask Your Friends and Neighbors

A good way to find a lender that will provide you with good interest rates is to ask your friends and neighbors who they got their loans from. If the same bank or credit union keeps popping up in their answers, you will know that institution might be a good place to start looking for a loan.

Check Out a Few Banks and Credit Unions

Once you've narrowed down a list of banks and credit unions that will potentially provide good rates, you should schedule an interview with their loan officers. If you have a good credit score, they will more than likely be happy to talk to you about a loan. Having a good credit rating is extremely important if you hope to get good rates.

Manufacturer's Credit Bureaus May be the Place to Go

You may be able to get a loan through a name brand manufacturer, such as Ford Motor Credit or GMAC. These lenders frequently provide extremely good interest rates to their customers.

Compare Rates

After you talk to a few different lenders, and have an idea of how high your interest rates are going to be at each place, it's time to sit down and compare their offers. Pay attention to the details of each offer. Make sure they're comparable and that you're not comparing dissimilar rates. For instance, one lender's rates may seem good because they offer 2.8%, while another is going to charge 3.5%. But if the lower interest rate is for a longer period of time, you could end up paying far more than a shorter term loan would cost.

Arrange Financing in Advance

If you go to a dealership with a preapproved loan, you will probably be able to work out a better price for car. Arranging financing in advance will not only mean you get the car at a cheaper price, but the amount you will pay in interest will be less--because you won't need to borrow as much money.

Let the Dealer Make the First Offer

When shopping for a car, it's a good idea to wait for the dealer to make the first offer. If you go first, you may be offering them more than they would be willing to settle for. Patience is essential when negotiating an auto loan. Find out what they're asking, then respond with an offer of your own--but be realistic. No dealer is going to sell you a $50,000 car for $10,000.

Make a Down Payment

If a dealer offers you a no money down deal, just say no. It would be to your advantage to put down as much money as you can afford to. This has a two-pronged affect; it will not only reduce the amount of money you'll have to borrow, but it will lower the overall amount of interest you'll ultimately have to pay.

Stick With a Short Term Loan

The fewer months you borrow money for, the less you'll be paying in interest. Short term loans may require a more substantial down payment, but you'll end up paying far less for a car if you take out a 36-month loan as opposed to a 72-month loan. The reason is that for the first few years of a long term loan, the majority of your payment will simply be going towards interest.

Guest post from Bailey Harris. Bailey writes for AutoInsuranceQuotes.org.