Author: Complete Controller

Student loans and credit cards are 2 of the most widespread types of debt – and two of the hard to repay. Focusing on one debt at a time is the most impressive way to pay off multiple debts. Using this strategy, you will make significant, one-time payments on only one particular debt and minimum payments on all others. Use interest rates to determine if student loans or credit cards need to be paid off first.

You need to develop a student debt management plan during your college years because it is critical to your future financial health. The total number of pupil loans in the US is over $1.5 trillion.

With the right plan, you can conduct your university college debt. Here are eight ways to manage student debt.

Calculate Your Total Debt

As with any other debt, the first step is understanding how much you owe. Usually, most students have different federal and private student loans. Therefore, you need to take the time to lay down all the student loans you have.

So, you can develop a debt repayment plan: consolidate them or explore different student loan forgiveness programs.

Know the Terms of a Student Loan

When calculating your student debt, you also need to know the terms of each loan debt. And this is because each loan can have different interest rates and repayment terms. This information will help you grow a repayment plan to avoid additional interest rates, fees, etc.

Check Grace Period

The grace period is the quantity of time you have after graduation before paying off your loan. Reviewing your student loans, you will realize that every loan has a grace period. But the grace period may vary.

For example, Perkins loans provide you with a nine-month grace period, and Stafford loans give you a six-month grace period.

Consider Consolidating your Student Loan

Once you have the details, you may wonder if pooling all your student loans is the right move. The most significant benefit of consolidation is that it reduces the burden on your monthly payments.

However, this usually extends the payout period. Thus, even if you have more time to pay off your debts, you will pay more interest. In addition, the consolidated interest rate may be higher than some of your current loans.

Therefore, before proceeding, be sure to compare the loan terms. In addition, when you consolidate, you lose the deferral options and income-based repayment plans that come with federal student loans.

Take the Debt Avalanche Road

First, paying off student loans with the highest interest rates is ideal. One good strategy is to allocate a certain amount above the required monthly payments. Then send the surplus of the total debt with the highest interest rate.

When you pay that amount, you apply that total monthly amount to the second-highest interest rate, and so on. This method is called a debt avalanche and can help you pay off your debt.

Learn about Student Loan Forgiveness

If you can bestow the monthly payments, you can apply for debt forgiveness, such as Public Service Loan Forgiveness, or pay off your student loans. You may be eligible for loan repayment if your school closes before you complete your degree.

Principal Payment

Another way to pay off debt is to pay an additional principal amount. Interest is calculated monthly based on the principal amount owed. Thus, a smaller principal amount means a smaller interest payment. The faster you reduce the principal amount, the less interest you will pay over the life of the loan.

Pay off Loans Automatically

Some lenders give an interest rate discount if you agree that your payments will withdraw automatically from your monthly account. For example, you can get 0.25%; even if it looks small, it can go up a lot. Private lenders may also offer discounts.

Final Thoughts

Remember that not all of the points in this guide can help you. But in any case, do nothing when you have problems paying off your student loan. Your debt problem won’t go away unless you do something about it.

Therefore, we approved that you talk to a student loan specialist about your situation. They will help you make an informed decision and take the right action. If you have private pupil loans, your options are limited compared to federal student loans. But you can still get out of debt with a good strategy.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

Spend Less than You Earn

This is the most crucial guideline in personal finance. You must spend less than you make and save the difference to continue to exist and prosper when you are older and no longer have the opportunity or energy you do now. You cannot attain significant financial success without some luck if you do not follow this guideline, but you should never be dependent on luck in your future goals.

Keep it as Simple as Possible

The more credit cards you have, the more likely you will be a victim of identity theft and miss a payment. The more financial accounts you have, the less time you must pay attention to each one, and the more likely you will overlook anything crucial. The more funds and investments you have, the more time and energy you’ll need to keep track of everything, and the more likely you’ll make a mistake.

It would be best if you simplified everything. Don’t keep too many cards in your hand. Make sensible investments. Consolidate your debts if possible.

Never Let Your “Future Self” Take Care of Your Current Situation

The more cash cards you have, the more likely you will be a victim of identity theft and miss a payment. The more the investment, the better. Have you ever convinced yourself that it’s OK to make a poor financial decision now because you’ll make more money later? It is a colossal blunder that you will almost always regret for a long time. Sure, your future self may have more money, but it’s also possible they will have less money, putting you in a difficult situation. Even if you are doing well in the future, you will undoubtedly have other significant expenses to cope with, such as purchasing a home.

Permanently Save for a Rainy Day

It should be your priority if you don’t already have an emergency fund in a savings account at your local bank. Cash is one of the most common means of resolving all of life’s issues. Unlike a loan, your money will always be available in a savings account, and you will not be charged additional interest. Set up an automated weekly or monthly transfer of funds from your checking account to your savings account to begin creating an account and leave the savings alone unless you need them in an emergency.

Prioritize the Right Ways to Pay off Your Debts or Loans

Prioritize the repayment of funds at a high rate of interest. Make a simple debt repayment plan by dividing your obligations by interest rate, and then strive to pay off any debt with the highest interest rate twice (or more). Make this double payment every month, then add the total amount of this payment to the price you make on the following loan on the list when that debt is paid off. Repeat until the costs are no longer due.

Focus on Saving for Retirement

You should never overlook one of the most important financial principles. Pension contributions are mandated for all employed inhabitants of Kazakhstan. However, most firms strive to save money by avoiding unnecessary charges and registering their non-employees informally, indicating modest earnings in the white bookkeeping and paying the remainder through the “black” cash desk. Employees have been known to refuse mandated pension contributions to have a bigger “on-hand” sum than is legally required. Paying a few percent of your salary may appear to be a burden, but it’s a lot less than you think, which adds to the joy of knowing you’ll be collecting a pension.

Buy Insurance to Keep Your Family and Kids Safe

Don’t be fooled by the insurance salesman. If you don’t have any dependents, you don’t need a lot of life insurance (people other than you whose well-being is directly dependent on your income). If you have dependents, your best choice is to purchase a life insurance policy that will pay out enough money to support them if you leave too soon. All these other insurance policies provide services you don’t require and charge us a lot of money.

Get Your Budget Right

A budget can be a good tool for keeping track of your costs, but the most valuable aspect of budgeting is the process of creating it. You create a budget based on actual expenditures over the preceding few months. What’s the best way to go about it?

How much do you consume on food in a month? Entertainment? Expenses incurred by the community. Is that your vehicle? Obtain accurate figures. Check your bank card statements to see what’s going on. This method will quickly reveal the areas where you overpay; however, simply keeping a checkmark budget will show nothing.

Be Mindful of Your Bills

At this time, you must pay close attention to your bills. Subscriptions to numerous services on the phone, in apps, and on websites are the most obvious example. Cancel your subscription to any unwanted phone services that charge you monthly fees. All “hidden” payments are treated the same way. It’s better to pay attention once more than keep paying for services you don’t utilize.

Know How Much Money You Make in an Hour You Put into Work

Subtract any travel expenses, professional attire, work-related meals, and other out-of-pocket expenses from your last year’s earnings after taxes. Then, sort out how many hours you worked (including at home), how many hours you drove to work, and how many hours you spent at other business meetings. To calculate your real hourly wage, multiply your revenue after expenses by the total number of hours worked. It is the price you’re asking for an hour of your time.

Use the Result of 10 Points as a Point of Comparison for Everything You Buy

The real hourly wage, in my opinion, is a precious number. Almost everything I purchase is compared to my number. Assume my “real wage” is $10 per hour. If I’m considering purchasing a $20 CD, I think owning it is worth two hours of my time when I could rent it. If I’m considering buying a $1,000 television, I believe that 100 hours of my life would be worth it if I could have a little tv instead. It almost always inspires me to think about where I spend most of my life energy.

Don’t Fall for “Professional” Financial Advisors

Articles in the financial press frequently feature various “experts” promoting “hot” stocks and “profitable” investments. All of this is lost on me.

To begin with, these individuals frequently have a significant conflict of interest. Second, the ins and outs of numerous companies and industries are just too complicated for an outside equities analyst to fully comprehend, especially given how much information is kept hidden from them. Third, even if their forecasts are correct, the company they work for will nonetheless act on that information, resulting in (at best) leftover notes. Ignore everything.

Ignore “Professional” Economic Forecasts

Economic forecasts should be treated with caution in the same way. These forecasts are frequently incorrect, and even when they are correct, they are rarely reliable markers of what you should do with your professional life or your money. Do not make personal financial decisions based on predictions for the future. If you’re anxious about the future, you should start being more cautious with your investments now; it’s the only change you should make in the face of economic forecasts. However, it has less to do with financial projections and more to do with your risk tolerance.

Set Big Aims and Keep Reminding Yourself of Them

What do you hope to achieve in the future? It is a difficult question, but it can provide tremendous drive and direction for your everyday activities, urging you to take more significant actions.

Do you want to enjoy a comfortable early retirement? Do you want to establish your own company? Do you wish to go on a round-the-world trip? Always keep that in mind, whatever your goal is. Fill your life with reminders of your primary aim so you may make the most significant decisions possible in line with it when it comes to all of life’s little decisions.

It is better to rent an apartment if the cost of your house is significantly higher than the rent.

Each of us wishes to own a home, but if doing so would entail more significant monthly payments than rent, it is usually best to postpone the purchase. Renting a house and saving money for a down payment is preferable to buying a place where your expenses – mortgage, property tax, maintenance, utilities, and more – considerably outweigh the cost of renting a home.

If you decide to buy a house, it’s best to get the best deal for you so you don’t get buried under a massive monthly mortgage payment. About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

1. Blogging is a great side hustle because you can work when you want, where you want. It is not a quick and easy way to make money, but there are many ways to make money by blogging.
2. If you have some time left over on the internet, you can spend time filling out online surveys.
3. Sell on Amazon, this is one of the best ideas for side hustle.
4. Sell gigs on Fiverr. It is one of the best ideas for side hustle.
5. eBay is a great way to sell items and make money, especially when you own something that is a collector’s item.
6. You can start an online business through Etsy and offer your handmade items to people looking for something unique.
7. Besides blogging, you can also be a coach or consultant for others.
8. Do you have a story you need to share? You could consider writing an e-book and then selling it through Amazon.
9. Maybe photography is your thing. If you are an experienced photographer, you may be able to sell your photos online.
10. This is one of the best ideas for a side hustle in 2022. Did you have the idea that you could get paid to test the latest website and provide feedback?
11. Do you have something you can teach? You can instruct online through sites such as Udemy.com.
12. There are virtual assistant jobs where you help others manage their social media and website accounts.
13. Do you have a bachelor’s or master’s degree from an American university or college? If so, you can teach children from different nations English online!
14. Delivering food may be the perfect way to get the most out of your car and earn an extra income.
15. If you travel often, there is a chance to rent out your home during your absence via Airbnb.
16. Do you have a car that you do not use? Maybe you have been thinking, “Hey, it would not be great to earn an extra amount of money instead of paying for the car.”
17. Development of mobile applications.
18. Programming job as freelancing.
19. Digital marketing.
20. Social media marketing is great for earning extra money.
21. Web development and Web Design.
22. Graphic designers
23. Hair beauty and makeup
24. Foreign exchange trading (FOREX)
25. Testing video games
26. Creative writing
27. Copywriting
28. Photography
29. Videography and cinematography
30. DIY crafts
31. Social media skills
32. Podcasting and alternative media
33. Repair and maintenance (cars, computers, machines, homes)
34. Tailor, knitting, and fashion design
35. Carpentry and home furnishings
36. Gardening and agriculture
37. Language and translation
38. You should consider working with a catering company as they usually require servers and waiters for their weekend events.
39. Many people start babysitting at the age of high school.
40. Recycling is a great way to make extra money.
41. Instead of selling things on eBay, you can also hold real estate sales.
42. You can work as a handyman in the evenings and on the weekends for more money.
43. One of the most accessible side hustles you can do is to stay at someone else’s home while they are away.
44. You can sell your services by helping other people transport their belongings.
45. You can go to work or school while taking model gigs at night and on weekends.
46. You can be an extra in a TV movie or program.
47. Many companies hire people to be mystery shoppers to assess the customer service for their facilities.
48. If you love pets, take care of your neighbor’s and friends’ pets.
49. You can join a research or focus group.
50. You can sign up for a moving company and earn money to help people move.
51. Garden service
52. Painting service
53. Pool cleaning service
54. Take part in medical studies
55. Put your art on iPhone cases; get money when people buy it.
56. Educate people on how to use their smart devices.
57. Rent out your car to strangers.
58. Start your private wine label.
59. Create a fun novelty item.
60. Sell resume and cover letter templates.
61. Become a niche photographer.
62. Get ordained online and make $300/ceremony.
63. Take up tutoring part-time.
64. Monetize videos on YouTube
65. Make $700/month drop-shipping
66. Make upwards of $16,000/month selling t-shirts.
67. Create keepsakes and mementos for parents.
68. Create a membership site (excellent members-only jacket not included).
69. Write your novel or genre fiction series.
70. Capitalize on pop culture trends and rake in the rewards.
71. Use mad ‘day job’ skills after hours.
72. Become a blogger! It’s still possible to create a following and get paid.
73. Create a local guide for tourists.
74. Become a bridesmaid or groomsman for hire.
75. Make money planning high-end retreats.
76. Create your tour guide service!
77. Become an Amazon affiliate and earn passive income.
78. Help others’ adult’ like a boss!
79. Start your own successful Etsy shop!
80. Make unique jewelry pieces and sell them at the market.
81. Set up a worm composting business.
82. Become a chocolatier.
83. Capitalize on unique fitness trends.
84. Launch a research-based resource site.
85. Make and sell healthy, natural pet food.
86. Start your karaoke league!
87. Turn your basement into an exercise studio.
88. Bee is a beekeeping advocate.
89. Improve an existing product.
90. Learn how to make and sell candles.
91. Become an online storyteller.
92. Jump on the meal-prepping bandwagon!
93. Turn a hobby into cold, hard cash.
94. Have large companies sponsor your content.
95. Teach someone a unique skill.
96. Write curriculum and lesson plans for teachers.
97. Start a niche podcast.
98. Launch a subscription box service.
99. Create a plan that rents out homes for events.
100. Online Coaching

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

Deal with Conflicts Without Making Them Worse

Conflicts will inevitably arise in every firm, whether amongst coworkers or between supervisors. However, handling these disputes determines whether they become stressors. Perform the following actions:

Don’t let the dispute fester: whether there’s a squabble among coworkers or if you disagree with someone, it needs to be handled. Use dispute resolution techniques that you may find in books and on the internet. Disregarding these issues will not make them disappear. Instead, they grow; avoid punishing postures: punishment, unlike reward, promotes dread, which leads to tension. Positively resolve disagreements and difficulties rather than propagating negativity.

Start the Day in a Good Mood

Many individuals arrive at work already anxious and considerably more reactive to everything after trying to feed the kids and get them to school, dodge traffic jams, and gulp down a cup of coffee instead of a portion of nutritious food.

You might be astonished to find how much more reactive you can be on a stressful morning. You’ll discover that stress at work isn’t as bad if you start your day with an excellent diet, preparation, and a happy mindset.

 Be Clear with Expectations

Uncertain expectations are one aspect that adds significantly to occupational stress. You’ll be far more anxious than necessary If you’re unsure what’s expected of you or if the criteria are constantly changing without warning.

If you wonder if what you’re doing is enough, talking to your boss about problems like expectations and goal-setting techniques might help. Both parties will feel less stressed because of this.

Reassess Negative Thoughts

People might acquire a mental filter due to chronic stress and concern, in which they reflexively view things with a negative slant. With little or no proof, an employee may draw negative assumptions (“my employer thinks I’m inept”) and mistrust their capacity to manage pressure (“I’ll look awful if I don’t receive this promotion”).

Opposing viewpoints should be reconsidered as hypotheses rather than facts, and you should examine other solutions. This approach can help people reduce negative sensations in response to pressure if they use it regularly.

Eat Well and Healthily

You have heard the expression, “you are what you eat?” It is, without interpreting the word literally, a natural occurrence. As a stress reliever at work, many people turn to harmful “comfort foods.”

Well, it’s safe to say that this isn’t the most acceptable technique to deal with stress. But why is this the case? When you’re anxious, your brain releases cortisol, a hormone that makes you seek salty, sweet, and fatty meals for the momentary pleasure they provide. However, strangely, this “stress feeding” exacerbates the condition.

Fats or sugar-containing foods, such as pizza, hamburgers, and ice cream, make us feel tired and less willing to cope with situations, adding to our stress.

Invest in Training

Today, people are trying to develop skills that are either not taught in universities or are a little different from their university courses. Still, they are essential in the coming era. For example, an environmentalist, even a geologist, or an artist, most of them needs to be skilled in a computer-related to their field today, or it is nearly impossible to get a high pay job. The less physical and mental effort it takes to accomplish a job, the more skilled an expert is. As a result, it is critical to invest in talent development.

It’s also intriguing to consider how training might help improve soft skills such as leadership, proactivity, teamwork, and empathy. They are abilities that assist workplace sociability and dispute resolution.

Invest in a Relaxation Space

Leisure facilities, games, physical exercise and massage spaces, and any boost in office well-being can improve employees’ mental health. After all, stress reduction combines well-dimensioned expectations, a positive professional connection, and an inspiring, encouraging, and professional atmosphere.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

The charter provisions determine the requirement to establish an auxiliary fund for the enterprise’s finances. The fund must be founded if the founders make this provision in the charter. The LLC’s charter lays forth the standards by which business owners should be directed while forming a fund.
A reserve fund is a separate fund that serves a secondary purpose. The fund is established by deducting the company’s profit for the year. This financial reserve may be required in unforeseen situations or during periods of economic insecurity. The owners can use the reserve fund if they need funds to support the business.

The charter gives an organization the authority to create several sorts of money, including reserves. The paper specifies the procedure for establishing the fund and its size. There is one constraint in the regulations applicable to the method for expanding the permitted capital; it is designed to detect the difference between the amount of the enterprise’s net assets and the number of funds that make up the legal entity’s capital and the fund of extra funds.
The entire amount by which the Criminal Code is expected to be increased at the expense of the legal entity’s property shall not exceed this disparity. Before distributing profit to business owners, it is vital to consider the present restrictions. It is prohibited to disperse earnings and make payments if the value of the organization’s net assets is less than the fund’s total value or if the fund’s total value will become less after the payment is made.

Make the Most of Your Average Income

Only the organization’s owners can allocate net profit (participants, shareholders). If the founders elect to assign the total earnings to the development of a reserve fund, the entry should reflect the foundation of backup capital in the accounting records. Only the organization’s owners can allocate net profit to participants’ shareholders. Inside an LLC, the decision on net profit distribution is recorded in the minutes of the general meeting of members. In the legislation, there are no prerequisites for the records of the public discussion of LLC participants.
However, several details need to be specified. The number and date of the minutes, the location and date of the meeting, the agenda items, and the signatures of the attendees are all listed here.

Make a Deposit and Pay It Back Monthly

If it is not the primary payment card, you can use an income card instead of a deposit. A bank card that earns interest on the account balance is an income card. Aside from that, it’s business as usual.
The card’s interest rate ranges from 5 to 7.5% per year, comparable to deposit rates. Unlike a deposit, you can use the money on the card at any moment.The microwave and computer broke down, but the reserve fund will save the day. You will be able to live till you find a new job if you lose your employment.
Fund money can be used as a savings account to purchase on-sale clothing, vacation packages, train or flight tickets, etc. After spending a portion of the saving account, it will be essential to rebuilding it until the required amount is attained. The reserve fund is just the beginning of the road to financial independence and capital building. It will not fix all our issues, but it will provide us with some financial security.

When Can the Reserved Funds Be Used?

The charter must specify the reasons for applying to the fund’s funds: 

• These funds are used to form the Criminal Code of a new organization created during the reorganization of the leading legal entity.
• To cover the company’s debts; to cover losses.
• To redeem shares from participants by the law.
• For transactions aimed at stabilizing the company’s position.
• To assist businesses in times of financial uncertainty.

As a result, the fund’s primary goal is to provide a financial reserve in the case of unforeseen circumstances.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

It would be best to acquire the candidate’s trust before you can begin an interview aggressively. You will start by asking him a series of simple questions. Their purpose is to determine candidates’ motivation and willingness to join you and be engaged in what you do.

Mercuri Urval observed in a 2012 survey that one out of every two employees desired to leave a new firm during their probationary period.It is a number that gives you Goosebumps. You, as the recruiter, must ensure that the candidate being interviewed may grow and develop fully in his new function and organization. To find out, you must first comprehend his motivations: What is his reason for looking for a new job? What made him choose your firm?

Why Did You Apply for this Job? 

The goal is to figure out why prospects chose your organization right from the start of the interview. Ascertain that the candidate has a good understanding of the position at the outset.

Candidates who are motivated do not choose proposals at random. He may be drawn to your company, role responsibilities, or, better still, both. In any event, attempt to utilize this question from the start of the interview to get a sense of his genuine drive.

• Is he interested in taking on more responsibilities (team management)?
• Access to a more considerable number of tasks?
• Do you work for an organization that shares your values?

1. What was your former job’s primary responsibility?

The goal is to ensure that the candidate is qualified for the job. Determine the initial affinity of the applicant. The candidate will prioritize the duties that are most convenient and close to him. By asking this question, you can acquire a sense of the candidate and their strengths. Of course, this is the moment to assess your readiness for and ability to finish the task.

2. What is a typical week like for you?

Ask a simple question to calm him down, instill confidence in him, and gain a deeper understanding of his attachment and motive. The more the candidate expresses himself, the clearer your judgment of him becomes. Encourage him to chat about his day-to-day activities. It is vital to delve into detail to compare with the current organization in your firm to get a representative image of their experience.

3. How much work do you have?

This test aims to determine the candidate’s capacity to organize and assess how much work he can manage. According to a 2017 Stimulus survey, did you know that roughly a quarter of your employees feels stressed? The most common causes of stress were the inability to digest complex information (72%) and a lack of time (62% ). To put it another way, workload.

4. What about [his previous career that intrigues you] do you enjoy and dislike the most?

Purpose: To see if the work atmosphere is conducive to the candidate’s growth. A 2015 research by the University of Warwick indicated that happiness enhances productivity by 12 percent. Companies like Google know this so well that they have developed an “HR analytics” department to evaluate the data and increase staff productivity.

5. What exactly are you doing with us?

Purpose: To guarantee that the candidate understands the “real world” aspects of the role so that they may excel and finish the work. There is frequently a disconnect between our perceptions of a position or career and its everyday reality. Mercuri Urval observed in a 2012 survey that one out of every two employees desired to leave a new firm during their probationary period.

6. What would you do if we ran into a “problem”?

Purpose: To place the candidate in a setting that assures him the experience necessary to execute the task. Examine their reasoning skills and their capacity to comprehend situations and alternative positions. No matter what it is, any employment in a firm will have issues. The task for future employees will be to solve problems or at least give solutions.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

Self-publishing is what it’s called, and it’s become trendy in recent years due in part to Amazon and its e-readers.

Yes, you are not dreaming; you may now publish a book. Furthermore, the book is available in digital and paper format due to CreateSpace (an Amazon tool).

How Does it Work?

Self-publishing is the act of publishing a book without the assistance of a publisher. You write it, reread it (or have it reread), upload it on the Internet, and voila! Your book is available all over the world. Or nearly so.

The most significant benefit is that you don’t have to wait for a publishing business to accept your work. So, the most significant roadblock to publication has now vanished.

However, not everything is as it seems. Your responsibility will no longer be restricted to writing; you will also be expected to sell your book, talk about it on social media, and animate it to attract new readers and be picked up by literary blogs.

Can We Really “Succeed” in Self-Publishing?

Sure. People like you and me awoke one day, decided to write, published a book on Amazon, and began establishing a name for ourselves.

Sonia Dagotor, for example, is frequently referenced in the media as an example. Sonia is married, has small children, and has a busy career, just like the heroine of her “Wife, Mother, and Working Girl” story. On the other hand, his books have been an enormous success (tens of thousands of sales). She was even awarded a literary prize.

Is there another example? By day, Jean-Baptiste Viet is an IT manager at Orange; by night, he is a blogger and self-published author. He decided to share his passion for blogging by writing and publishing a book called “BlogBuster – How to Make Money with a Blog,” which he created and sold on Amazon.

It is what I was describing to you.

Yes, we can succeed in terms of morality. Yes, anyone can achieve success. You can even grow if you work a second job.

Careful, I didn’t say it was easy.

You’d almost believe I said it was simple if you’d read this far.

No, it’s not.

I’m only trying to tell you that it’s much easier now than before because the publishing house is no longer a barrier. But now you’re up against dozens or hundreds of other self-published authors. As a result, quality is more important than ever.

Tips for Publishing a Self-Publishing Book and Succeeding!

Although editing a book is not your job, you can learn how to do it. It’s not just about the material needed to become a well-known author. Unfortunately, even if you write the best short tale ever written, it will be useless if no one reads it.

Choose a subject that you know

Don’t worry if you don’t feel like writing a Rosewater novel; successful ebooks aren’t limited to this genre.

Furthermore, you are not required to write a novel. You can also write a guide, which works wonderfully. It is something that a lot of people do. To finish a blog occasionally or, in some cases, they produce a guide first, then publish their blog after seeing how effective it is.

Although all topics are likely acceptable for a handbook, some are more “trendy” than others: drones, artificial intelligence, cryptocurrency, etc.

Listen to your future reader

If you want to write, you should consider who your ideal reader is in line with his expectations. When somebody reads your work of art, he wants to feel certain feelings.

You can learn more by joining Facebook reader groups or discussion forums and submitting your suggestions to them. Even passages from your book are acceptable.

Gathering comments before finalizing a piece of writing was impossible ten years ago. It’s a chance you shouldn’t pass up now, owing to the Internet and social media. About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

By: Jennifer Brazer

Jennifer is the author of From Cubicle to Cloud and Founder/CEO of Complete Controller, a pioneering financial services firm that helps entrepreneurs break free of traditional constraints and scale their businesses to new heights.

Fact Checked By: Brittany McMillen

Conservation-Your-Electricity: Smart Strategies for Real Energy Savings

Conservation-your-electricity strategies can reduce your energy consumption by 10-30% through simple adjustments to thermostat settings, lighting choices, and appliance usage—all without sacrificing comfort or convenience. These practical techniques not only lower your monthly utility bills but also decrease your carbon footprint.

I’ve spent two decades helping businesses optimize their financial health, and I’ve noticed a fascinating pattern—companies that implement energy conservation measures typically see benefits beyond just cost savings. They experience improved equipment longevity, enhanced workplace comfort, and boosted employee morale. Throughout this article, I’ll share proven electricity conservation methods that have helped hundreds of my clients slash their utility costs while contributing to environmental sustainability.

How can you effectively conserve electricity in your home or business?

• Conservation-your-electricity involves strategic thermostat management, upgrading to energy-efficient appliances, eliminating standby power, and optimizing seasonal energy use patterns
• Smart thermostats can reduce heating and cooling costs by 10-15% through automated temperature adjustments
• LED lighting uses 80-90% less energy than traditional incandescent bulbs while lasting up to 25 times longer
• Eliminating vampire power from devices left plugged in can save the average household $100 annually
• Seasonal adjustments to your energy habits can maximize natural resources and minimize mechanical cooling and heating needs

Understanding Your Electricity Consumption Patterns

Before implementing conservation strategies, you need to understand where your electricity goes. The typical American home uses most of its electricity on heating and cooling (46%), followed by water heating (14%), lighting (9%), and refrigeration (4%).

Conducting a simple energy audit reveals your biggest consumption areas. Start by examining your utility bills for seasonal patterns and usage spikes. Many utility companies offer free assessment tools that break down your consumption by appliance and time of day.

For a more detailed analysis, consider using a plug-in electricity usage monitor ($20-30) to measure the power draw of individual devices. These tools quickly identify energy hogs like old refrigerators, gaming consoles, or space heaters that might be driving up your bills.

Smart meters provide another layer of insight by tracking consumption in real-time. This data helps you spot unusual patterns and adjust habits accordingly—like discovering your AC runs unnecessarily during work hours or identifying which appliances consume significant standby power.

Optimize Heating and Cooling Systems for Maximum Efficiency

Your HVAC system likely represents your largest energy expense, making it the perfect starting point for conservation efforts.

Smart thermostat implementation

Installing a smart thermostat delivers immediate benefits through precise temperature control. Program your thermostat to adjust by 5-8 degrees when you’re away or sleeping—each degree change for 8 hours saves approximately 1% on your heating/cooling bill.

• Use the “20-degree rule” to avoid overworking your system (don’t set the temperature more than 20 degrees different from the outside temperature)
• Program gradual temperature changes rather than dramatic swings
• Take advantage of occupancy sensors that automatically adjust when no one is home
• Integrate with weather forecasts to optimize heating and cooling cycles

In my own home, switching to a smart thermostat reduced my AC run-time by 30% without sacrificing comfort. The system learned my preferences and optimized cooling cycles based on outside temperatures and my daily schedule.

Maintenance and airflow optimization

Regular maintenance significantly impacts HVAC efficiency:

1. Replace air filters monthly during peak seasons
2. Clean condenser coils annually to maintain optimal heat transfer
3. Seal and insulate ductwork to prevent up to 30% energy loss
4. Check for proper refrigerant levels during annual professional maintenance
5. Keep supply and return vents unblocked by furniture or curtains

Energy-Efficient Lighting and Appliance Upgrades

Lighting and appliances offer substantial savings opportunities through strategic upgrades and usage modifications.

LED lighting transition

LED bulbs use 80-90% less energy than incandescent bulbs while lasting 25,000-50,000 hours compared to just 1,000 hours for traditional bulbs. Though they cost more upfront, the savings are dramatic:

• Replacing ten 60-watt incandescent bulbs with 9-watt LED equivalents saves about $160 annually
• Focus first on fixtures used most frequently (kitchen, living areas)
• Use task lighting instead of illuminating entire rooms
• Install dimmer switches to further reduce energy use when full brightness isn’t needed

Don’t forget about outdoor lighting—motion sensors and solar-powered options drastically reduce electricity use while maintaining security.

Appliance management and replacement strategy

When replacing appliances, Energy Star certification should be non-negotiable. These products use 10-50% less energy than standard models.

For maximum impact, focus on these high-consumption appliances:

• Refrigerators (replace models older than 15 years for 40% energy savings)
• Clothes dryers (heat pump models use 20-60% less energy)
• Washing machines (front-loaders typically use 25% less energy and 33% less water)
• Dishwashers (newer models use 30% less water and energy)

While waiting to replace older appliances, modify usage habits:

• Run dishwashers and washing machines only when full
• Use cold water for laundry whenever possible
• Set refrigerator temperature to 38°F and freezer to 0°F
• Clean refrigerator coils annually to maintain efficiency

Eliminating Standby Power Consumption

The average U.S. household spends $100 annually on vampire power—electricity consumed by devices when they’re not actively being used. This invisible drain accounts for 5-10% of residential electricity use.

Power strip strategies

Strategically placed power strips enable you to cut power to multiple devices simultaneously:

• Group entertainment center components (TV, game consoles, speakers) on one switched strip
• Use timer power strips in home offices to automatically cut power overnight
• Install smart power strips that detect when a primary device (like a TV) turns off and cuts power to accessories

Device management

Beyond power strips, consider these approaches:

• Unplug rarely-used devices and chargers when not in use
• Configure sleep settings on computers and monitors (a desktop in sleep mode uses 70% less electricity)
• Enable power management features on game consoles, which can draw nearly as much power when idle as during active gaming
• Replace always-on devices with manual alternatives where practical

A Washington D.C. group home implemented comprehensive energy management strategies including vampire power reduction and saw a 44% decrease in overall energy consumption with a 4.8-year payback period on their investment.

Maximizing Natural Cooling and Seasonal Strategies

Working with nature rather than against it significantly reduces energy needs throughout the year.

Passive cooling techniques

Before mechanical cooling became widespread, buildings incorporated passive cooling strategies that remain effective today:

• Use ceiling fans (running counterclockwise in summer) to create a wind-chill effect, making rooms feel 4°F cooler
• Install window coverings that block solar heat gain (cellular shades reduce heat transfer by 60%)
• Open windows during cool mornings/evenings and close them during peak heat
• Plant deciduous trees on south and west sides for natural shading in summer while allowing winter sun

Seasonal adjustments

Energy conservation varies significantly by season:

Summer strategies

• Run heat-generating appliances (ovens, dryers) during cooler morning or evening hours
• Use bathroom and kitchen exhaust fans to remove humidity and heat
• Set ceiling fans to run counterclockwise to create cooling airflow
• Consider a whole-house fan for evening cooling in dry climates

Winter strategies

• Open curtains on south-facing windows during sunny days to capture solar heat
• Reverse ceiling fan direction to clockwise at low speed to circulate warm air
• Add weatherstripping to doors and windows to prevent heat loss
• Use space heaters selectively rather than heating entire homes

Leveraging Advanced Energy-Saving Technologies

Smart home technology creates new opportunities for electricity conservation through automation and precise control.

Smart home integration

A comprehensive smart home system optimizes energy use across multiple systems:

• Smart plugs provide remote control and scheduling for standard appliances
• Motion sensors ensure lights only operate when rooms are occupied
• Automated blinds adjust based on sun position and temperature
• Energy monitoring systems provide real-time consumption data and alerts

PG&E’s Smart Thermostat Pilot demonstrated that connected thermostats reduced peak demand by 0.13 kW per household, with 58% of eligible ecobee users participating in demand response events.

Solar and alternative energy options

While conservation reduces consumption, generating your own electricity provides another path to savings:

• Solar panels have dropped in cost by 70% over the past decade
• Battery storage systems capture excess production for use during peak rate periods
• Community solar programs allow participation without installing panels
• Time-of-use rate plans maximize savings from self-generation

Final Thoughts on Electricity Conservation

Conservation-your-electricity efforts deliver compounding benefits that extend far beyond reduced utility bills. By implementing even a handful of these strategies, you’ll contribute to grid stability, reduce carbon emissions, and often experience improved comfort in your home or business.

I’ve seen countless clients transform their relationship with energy consumption through these methods. The most successful start small, focusing on no-cost behavioral changes before making larger investments in equipment or technology. This approach builds momentum through quick wins while developing a deeper understanding of your unique consumption patterns.

If you’re looking for guidance on integrating energy conservation into your broader financial strategy, the experts at Complete Controller can help. We specialize in helping business owners and individuals optimize all aspects of their financial health, including utility and operational costs. Contact us today to learn more about how financial expertise can power your sustainability goals.

FAQ

What’s the fastest way to start conserving electricity today without spending money?

Adjust your thermostat by 7-10 degrees for 8 hours daily (when sleeping or away), unplug electronics not in use, and wash clothes in cold water. These zero-cost changes can reduce energy bills by 10-15% immediately.

How much can LED lighting actually save on my electricity bill?

LED bulbs use 80-90% less energy than incandescent bulbs and last 25 times longer. Replacing just ten 60-watt incandescent bulbs with 9-watt LED equivalents saves approximately $160 annually on electricity costs.

Is it worth upgrading to a smart thermostat if I already adjust my temperature manually?

Yes. Smart thermostats save an average of 8% on heating and 10% on cooling costs compared to manual programming because they optimize run times, learn your preferences, and make micro-adjustments you might forget. The typical payback period is less than two years.

How much electricity do devices use when they’re turned off but still plugged in?

The average U.S. household spends $100 annually on standby power from devices like TVs, chargers, and coffee makers that consume electricity when plugged in but not actively used. This “vampire power” accounts for 5-10% of residential electricity use.

Do ceiling fans actually reduce air conditioning costs?

Yes. Using ceiling fans allows you to raise your thermostat setting by about 4°F with no reduction in comfort due to the wind-chill effect. Since fans use far less electricity than air conditioners, this simple change can reduce cooling costs by up to 30%.

Sources

• Building America. “Group Home Energy Efficiency Retrofit.” U.S. Department of Energy, 2011. www.energy.gov/sites/prod/files/2014/01/f7/casestudygrouphomeretrofit.pdf
• CPS Energy. “Energy Saving Tips.” www.cpsenergy.com
• Demand Side Analytics. “PG&E Smart Thermostat Control Pilot Evaluation Report.” 2024. www.calmac.org/publications/PY2022-2023SmartThermostatControlPilotEvaluationReportFinal(003).pdf
• Energy Star. “Low- to No-Cost Tips for Saving Energy at Home.” U.S. Environmental Protection Agency. www.energystar.gov/products
• Energy Victoria. “Top 10 Energy Saving Tips.” energy.vic.gov.au
• FES Lighting. “Incandescent vs LED Light Bulbs.” 2023. blog.feslighting.com/incandescent-vs-led
• IGS Energy. “9 Simple Ways to Conserve Energy at Home.” www.igs.com
• Office of the Ohio Consumers’ Counsel. “What’s draining your energy? Vampire Power.” 2024. www.occ.ohio.gov/factsheet/whats-draining-your-energy-vampire-power
• Pacific Gas & Electric (PG&E). “Summer Energy-Saving Tips.” www.pge.com
• Puget Sound Energy (PSE). “Energy-Saving Tips for Your Home.” www.pse.com
• Save on Energy. “12 Ways to Make Your Home More Energy Efficient.” saveonenergy.ca
• U.S. Department of Energy. “Spring and Summer Energy Saving Tips.” www.energy.gov
• U.S. Energy Information Administration (EIA). “Regional Lighting Variations.” 2019. www.eia.gov/todayinenergy/detail.php?id=38452

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

Commence Now Before the Month Starts

Set a realistic budget. Break down your earnings, necessities, extra expenditures, and savings contributions. Leave everything aside, get a pen and paper, and begin writing down next month’s activities and expenditures. This will allow you to have a clear picture in your mind before spending.

Furthermore, articulate why you are creating a budget plan. What inspired you to act upon it? Is it because of your wedding, new house, a new car, or simply trying to halt overspending?

Be it any reason, and you made a wise decision! Now, off to create a budget!

Turn the Goals on the Paper into Actions

Creating a budget is exciting but useless if you don’t implement it. It can be an excellent exercise to develop by acting upon your words. On your payday, remind yourself about the budget plan and decide ahead of how effectively you can allocate this money. For instance, housing, utilities, transportation, and food come in first. Then, monthly debt payments, other expenses, savings, and fun activities. This self-disciplinary action will safeguard you from falling into further debt. You won’t rely on credit cards to survive anymore. Instead, you can live independently.

Organize Your Bills

For convenience in tax purposes, you must sort certain documents, such as bills and receipts, into an account and proceed with whatever makes sense to you. If you receive your bills electronically, consider filing them in a separate document. By doing so, one will have information concerning their bull expense.

Prioritize Your Goals

Distinguish between necessities and desires realistically. The primary focus must be your groceries, transportation, rent, and other fundamental expenses. However, financial goals comprise debt payments, and retirement savings should be your second priority.

We emphasize budgeting because it offers a comprehensive overview of where your money is going, whether you are satisfied with it and whether it aligns with your values.

An expense may not always fit neatly into your variable costs. It is helpful when planning a backup plan. Here’s the best part: don’t use it to justify going overboard in any of your other spending categories. Consider altering your budget rather than channeling it into your cushion if you routinely go over budget in eating, buying clothes, or other departments.

Automate for a Fantastic Experience

Technological advances can alleviate the arduous components of budgeting efficiently without causing setbacks. So why don’t you consider benefiting from them? Consider setting up an automatic transfer to pay bills and save a stash of money regularly without effort.

Certain financial institutions offer good deals and discounts on automatic accounts; however, you can easily download the online app.

Revise Your Monthly Budget

Why? Life is full of surprises; you must leave room for them. Certain expenses, such as unexpected bills, may vary month to month—for instance, gifts for family, registration fees, and many more. Your income can increase, too! Revisiting your budget once a month can efficiently offer you an intelligent way to tackle fluctuations. It also allows you to talk with your potential partner and family if you are willing to work on a family budget.

Set aside one day every week to invest no cash other than what is extremely important. It is a simple technique to ensure that your monthly expenses remain under your budget. If you’re desperate for a money detox, try a week of no spending, where you only spend money on basics.

Make Necessary Changes

The final stage in your budgetary control is to examine all the data you’ve acquired and double-check that the figures add up. Next, review your net earnings concerning your monthly budget to see if you have enough money to fulfill all your monthly expenditures.

It’s time to make changes if you cannot afford your current lifestyle. While you can ponder solutions to produce more money, such as working longer hours, you should also explore strategies to save money.

It could include lowering indirect costs by restricting takeaway orders and canceling online memberships you don’t use frequently. In addition, some fixed expenses may need to be adjusted to account for shifting prices. About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.

Privatization is the process of transferring ownership of state-owned assets and services to private businesses. This involves selling shares and assets to private business owners. Advocates of privatization argue that private ownership leads to more efficient operation than the public sector. In the UK, many public sectors underwent privatization during the 1980s and 1990s. However, critics of privatization claim that private companies often exploit state monopolies and operate without government restrictions. They may prioritize profits over public service, which can lead to reduced quality and accessibility of services.

Advantages of Privatization

Effective improvement

In privatization, companies must work very effectively to make the maximum profit. In government-occupied companies, the owners and the employees have no authority to enjoy the profit. However, private companies can enjoy the gains in the form of development and higher salaries.

Politically free

Private companies are free from political pressure. They can work independently without bothering with the different government agendas or peer pressure to work too well for the current party. They can fire anyone who doesn’t follow company policies.

Shorter period

An individual should not worry about working too much for a more extended period because another government can make that business public. Then, the government would have to work for it except you.

Pressure from shareholders

Shareholders put a lot of pressure on the company, encouraging them to work out the best for it. The value of the shares will tell you about the position of a company. If the company’s share declines, the company will be sold to a powerful businessman or will end up with debts.

More competition

Privatization is more competitive than government-owned companies because private companies have many people in the market working on the same idea. One must perform better than the rest of the companies in a good organization with excellent views.

Raised revenue by the government

The government provides enough revenue as soon as your company works well. These revenues will help the firm develop more. But taking too much from the government will lead your company to become public-oriented.

Disadvantages of Privatization

Create own monopoly

They create a monopoly that includes a high rate of interest. They don’t have fixed prices. The government sets up a policy for the price that is applicable until the next budget. Private companies work in their interests. They don’t bother about their valuable consumers.

Lack of public interest

As mentioned before, they lack the interest of the common public. Private companies want to earn more to achieve more for their firm. Their main aim is to make the most of their sufficient resources and marketing strategies.

Loss of potential dividends

The government is unable to get the potential dividends. Instead, the prosperous businessmen enjoy the well-off shareholders.

The exploitation of industries

Private companies tend to destroy many companies in their market by several means. They emphasize the best, and this will eliminate many government sectors. One cannot blame them because they work for their development.

Short period

They are short-period businesses, meaning their hard work will be wasted. Their business is insecure, which means they lack sufficient safety. They will have to launch according to government policies and will have to end at any time.

Insecurity of employees

Employees are insecure in these companies because companies hire the best and want the maximum amount of work. They don’t bother about the financial and emotional security of the employees. Their main requirement is the ultimate work done in the least period.

Privatization can be a good thing sometimes, but it has certain flaws that must be focused on. There should be a balance between the government as well as public companies.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.