Women in the Workforce - Some Important Things to Consider

The attached article from TLNT suggests that companies direct more focus on hiring women.  We have on a number of occasions suggested that women may be the key to our economic recovery.  Recently, TLNT published an article of mine that tracks the tremendous successes and challenges facing women over the past 50 years.

The American Woman is a powerful force indeed!  For some fun, take a gander at Forbes' list of Most Powerful Women in the World.  If you want to see the Forbes' list of Most Powerful Young Women, Click Here.
You have read this article with the title April 2011. You can bookmark this page URL http://clapclapclappp.blogspot.com/2011/04/women-in-workforce-some-important.html. Thanks!

Tips For College Graduates Without a Job

The attached Article from HuffPost discusses the very real plight of recent college graduates attempting to enter the workforce.  Another Article, from BNET, cites abysmal statistics for those who graduated in between 2006 and 2010. 

NOTE:  News is better for 2011 grads.  Click Here to read more.

The upshot? Many are working only part-time jobs.  Many are working in jobs that do not require a college degree.  A significant percentage believe they will not exceed their parents' earnings (what a switch for a Boomer Baby like me), and are living with their folks. 

No one has a silver bullet for how to avoid this truly awful situation.  Traditionally, though, it is well-established that, when it comes to getting a job, it is "who you know" not "what you know" that controls. The key, then, is expanding upon who you know (right now it is your friends from college, who likely won't be able to help you land a job).

In the past, we have blogged on the best and worst areas to focus on for college students.  We have also posted a number of hopefully helpful articles on various topics of interest to college students, discussing things such as summer internships, using the Internet in your job search, etc.

This type of advice is very helpful for those who know exactly what they want to do with their lives.  The problem is, many very intelligent, passionate and industrious students don't actually know what they want to do with their lives. Stated otherwise, perhaps, they know what they find interesting and compelling, but don't know how to find a job suited to their interests.  Years ago, it was easy to find an entry level job in a field we found interesting, which served as a portal to a future career choice.  Nowadays, finding any sort of entry level job is difficult. 

What to do?  Of course, there are the old stand-by options:  network (but how?); go to graduate school; do whatever you can to "get in the door" in your field of choice (accept a lower paying salary, be willing to move, etc.).  However, none of those tactics guarantee that you will be working in your field of choice anytime soon.

So, I have another idea - one that I think represents how mainstream society is operating today.

If you cannot get a job in your field of choice, or if you don't know what jobs there are that involve your area of interest, try to become a recognized authority in an area of your choosing.  How do you do that?  One great way is to start a Blog.  Read everything you can about the area in question, think about it, turn it over, post about it with helpful links.  Get a Twitter account and Tweet your Blog.  Link everything to Facebook.  Get on Linked-In, and post things to that as well.  Over time, you may gain followers, and recognition as an "expert" in the field.  You will expand your network, and thus "who you know."  At the very least, if you work hard at your Blog, you will learn valuable information and develop constructive ideas that will make you a more attractive candidate for employment down the road.

And, another thing - if you work hard enough at your endeavor, you may see possibilities for opening up your own business.  You are young, you are strong, you are educated, you are passionate.  These are the ingredients for success, no?

This is America, the Land of Opportunity.  To succeed in any field, you cannot wait for success to come to you.  Rather, one must create one's own success.  Do not wait for the miracle to arrive at your door.  Do not give up hope.  Life is long, and hard work and initiative are among the most attractive qualities that an employer seeks.  If you cannot find that job that you desire, create your own niche and expand your network by researching and writing about the things that interest you most. One day, success will find you.  As Mom says, "when you are given lemons, make some lemonade!"

A final thought or two.  One, it is much easier to find a job if you have a job.  So, starting your own business provides you with a "job!"  Two, your parents will have a much easier time "accepting" the half-empty water bottles, missing remotes, extra laundry, absence of food, etc., if they see you doing something productive to advance in this World.  Three, doing something for oneself is empowering.  It won't be long before you hear yourself  talking with pride about what you are doing at the next kegger (Lord knows you won't be able to afford clubbing anymore). 

Meanwhile, you may want to click on some of the below links to learn more about jobs in America:

Hottest Jobs for 2011 Graduates

Who are the 100 Best Companies to Work For in the World?

Who Are the Top Employers in America?

What Are Going to Be the Hottest Jobs in the Coming Decade?

Here Are 150,000 Jobs Available at Top Companies

How to Use the Internet to Look for a Job

Top Ten Best Retail Jobs in America

What Do Employees Have to Say About Working for Some of the Biggest Companies in the World?
You have read this article with the title April 2011. You can bookmark this page URL http://clapclapclappp.blogspot.com/2011/04/tips-for-college-graduates-without-job.html. Thanks!

Exit out of EMIs; get started with EMIs.......!!!!


(The author is a financial planning coach. Founder and CEO of Money Avenues, a Wealth Management firm based in Chennai. Mail at:  finplancoach@gmail.com)




Exit out of your EMIs... Get started with EMIs...


Surprised and confused???!!!!!!!!!






From Equated Monthly Installments (EMI towards loans)                to 

Easy Monthly Investments (towards achieving your financial goals)..........




Your Equated monthly installments can create fewer assets..... Your own house?! Good...... But rest of them? your sedan, LED TV etc... Not really....








But if you can work out your financial planning based on Easy monthly Investments (EMI) strategy with the guidance of a financial planning coach, it can help you create huge wealth as well as a very bright financial future for yourself and your family....... In effect you can create long lasting financial assets....



So, what is this Easy Monthly Investment? -


You invest a set sum every month towards a goal.. It can be for wealth creation, for child's future, your retirement etc..This works well in equity related investments over a longer periods of time.




Small drops indeed make an ocean of wealth:








Many things you can achieve through Easy Monthly Investments strategy:





1. Regular and periodic pre-set investment flows:

The set flow needs to be regular and periodic towards a goal which means no inconvenience to your regular cash flows.






2. Achieve optimum life cover for you and your family:


EMI strategy helps you in securing ample life cover for you and your family.








3. Long term wealth creation:




By investing a set sum in equities, you definitely can achieve a huge wealth creation over the longer periods.











4. Plan your retirement:


Create a retirement fund through EMI strategy from the younger days.







5. Ensure your child's future:

Take care of children education and future through EMI strategy.









Do talk to experts @ Money Avenues for starting Easy Monthly Investment plans to achieve your goals.









(The author is a financial planning coach. Founder and CEO of Money Avenues, a Wealth Management firm based in Chennai. Mail at:  finplancoach@gmail.com)



You have read this article with the title April 2011. You can bookmark this page URL http://clapclapclappp.blogspot.com/2011/04/exit-out-of-emis-get-started-with-emis.html. Thanks!

What's your priority in life?




(The author is a financial planning coach. Founder and CEO of Money Avenues, a Wealth Management firm based in Chennai. Mail at:  finplancoach@gmail.com)




Life is all about prioritizing.... Professional compulsions, family compulsions, societal compulsions, personal priorities dominate our lives. 

First things first in life......

Do check out a simple 5 step process to identify your personal priorities which will help you identity your priorities and thereafter the goals for attaining them.......







Here is a scenario presented to you..... Five different things are happening to you in your life @ the same time... Now prepare your list based on your priorities.....



1. You are faced with a changes in your career:

It's something which everyone goes through. We constantly evaluate the options and at times they have to be decided in a shorter time. Question is, what's the priority of this in the list?







2. Your best friend needs your support financially and morally: 

Friends become integral part of life and they don't often come to us seeking support. But what happens if they seek your financial support when you are addressing few other personal priorities?







3. Your kid's future requires immediate attention:

Kids are the future. So their future has to be secured financially. What happens when their needs have to be addressed?








4. Your personal future requires immediate attention:

YOU need YOU... @ all times.... Your personal future can be of your retirement, your dreams etc....







5. Your family requires immediate financial and emotional attention:

We are because of our family... So where do figure in the list?

 






This is a powerful test to determine your broad priorities in life, which can help you to identify goals and objectives and accordingly make a financial plan. The challenging aspect of this check list is that, some of them are non negotiable in nature. For eg., your child's future, your personal future, family etc...


Now make a list of priorities:

1. _____________________


2. _____________________


3. _____________________


4. _____________________


5. _____________________





(The author is a financial planning coach. Founder and CEO of Money Avenues, a Wealth Management firm based in Chennai. Mail at:  finplancoach@gmail.com)


You have read this article with the title April 2011. You can bookmark this page URL http://clapclapclappp.blogspot.com/2011/04/what-your-priority-in-life.html. Thanks!

When I'm 64..............


(The author is a financial planning coach. Founder and CEO of Money Avenues, a Wealth Management firm based in Chennai. Mail at:  finplancoach@gmail.com)



When I get older losing my hair,
Many years from now.
Will you still be sending me a valentine?
Birthday greetings, bottle of wine?

If I had been out till
Quarter to three
Would you lock the door?,
Will you still need me?
Will you still feed me?
When I'm Sixty Four.......


                - Immortal lines of "The Beatles"- When I'm 64








If you were to retire today and need Rs 25 lacs for the retirement fund, can you imagine what would you require to match the same amount 20 years later?






Rs 4.10 Crores





Do speak to your financial planning coach @ Money Avenues for retirement solutions... Mail @ finplancoach@gmail.com



(The author is a financial planning coach. Founder and CEO of Money Avenues, a Wealth Management firm based in Chennai. Mail at:  finplancoach@gmail.com)

You have read this article with the title April 2011. You can bookmark this page URL http://clapclapclappp.blogspot.com/2011/04/when-i-64.html. Thanks!

If you have a great coach, you need not wait for 28 years....


(The author is a financial planning coach. Founder and CEO of Money Avenues, a Wealth Management firm based in Chennai. Mail at:  finplancoach@gmail.com)


Unlike the World Cup victory which took 28 long years, Wealth Creation can happen much faster if you have a good financial planning coach to guide you...







And of course, it is possible only if you get a coach who is best in the business, like Guru Gary for the Indian team...





And how can a financial planning coach add value to your financial future? 




1. A good financial planning coach (FPC) will be a great listener: 

Listen... Listen more... Listen even more..

Key mantra for a great coach...
 

 


Important trait of a good coach is to listen to his wards. Listening is key the to understand the background and find out solutions. Same applies to a financial planning coach as well. An outstanding FPC will be able to listen to his prospects very patiently before embarking on any plan.



2. A great FPC will understand the needs first:





A good coach should understand the needs of his pupils first. Same is the case with a FPC; a client should first be assessed on the needs before taking things forward.






3. Assist you in identifying your life goals:



 


A good coach should assist his pupils on identifying the goals. It can vary from from one to one, but every one need goals to move forward in life.  A good FPC will also assist his clients on identifying the goals for their future, based on which the plans are made and firmed up.



4. Assist clients in making a robust financial plan: 







A coach will make a detailed plan for each of his players based on his understanding and their needs. Same is the case with a financial planning coach, who will be able to use his expertise and frame a comprehensive plan which will eventually benefit his clients.




5.Effective plan execution:







A role of a coach is to be a key observer and ensure effective implementation of the plan meant for his pupils. A financial planning coach's role is equally critical as he is the one who implements the plan to perfection.




6. Monitor and review the progress of the plan:




The role of a coach does not end with planning and implementation; it's a continuous process of review and monitor and any re-adjustments if required. As in the case of cricket or any other sport, the FPC constantly monitors and reviews the plan for effective implementation and working of the plan.




7. Lead to financial success:







The ultimate goal of a coach is to lead his team/student to roaring success. Like the guru Gary guiding the Indian team to eternal glory. Same is the case with a FPC. His role is to ensure financial success to his client and the family.


Do speak to your financial planning coach @ Money Avenues to know more about investment opportunities and financial planning solutions.

Do drop in mails to finplancoach@gmail.com


(The author is a financial planning coach. Founder and CEO of Money Avenues, a Wealth Management firm based in Chennai. Mail at: finplancoach@gmail.com)

You have read this article with the title April 2011. You can bookmark this page URL http://clapclapclappp.blogspot.com/2011/04/if-you-have-great-coach-you-need-not.html. Thanks!