Interested in using an Envelope System for managing your cash? Check out this step by step tutorial. Duration : 0:3:52

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Ken Boyd, owner of St. Louis Test Preparation (www.stltest.net) presents part seven of his course on Understanding Cost Accounting. Boyd points out that students can have success with Cost Accounting concepts by making connections to actual examples from business. As a former CPA, College Accounting professor and Auditor, Ken has a wealth of experience to…

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Demo video for the iXpenseit iPhone App. iXpenseit, by FYI Mobileware, is an expense tracking and budgeting app that’s very easy to use. When you launch iXpenseit, you see today’s transactions, and a battery-meter-style representation of your current budget (if you have the budgeting feature turned on). There are arrows to move back and forth…

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President Obama announces the Fiscal Year 2011 Budget that makes critical investments in job creation and continued economic recovery, while bringing a new level of responsibility to how tax dollars are spent. February 1, 2010. Duration : 0:10:30

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Why is it desirable to construct capital budgeting rules so that higher-risk projects become less acceptable than lower-risk projects? It’s based on the risk vs. return principle. You can use a Sharpe Ratio for this. It determines which investment is a better value for the amount returned. An example would be buying lottery tickets instead…

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What are the pros and cons of budgeting and forecasting A budget is (usually) an exercise to create the initial, static, expected financial results for the time period, usually the 12 month fiscal year. A financial forcast is performed post budget and takes into account the actal results, changes that have taken place in the…

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What monthly or weekly budgeting techniques do you follow and have good results with? Any tricks for avoiding impulse buys? I go grocery shopping once a month at Wal-Mart & buy what they sell cheaper than everyone else. It’s a 30 mile trip there. Then I pay all my bills by the first day of…

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Passive investment management may be the Rodney Dangerfield of financial strategies—it gets no respect. Active investment strategies have had the spotlight so long, some investors may be surprised to find there is an alternative to stock picking, market timing and other faster-paced, more glamorous methods. Active investment management uses research, investigation and analysis to select…

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Our company is expert in providing solutions for a particular domain. You are appointed as a project manager for a new project. You have to do Risk management. What will be your approach? It’s important to understand that risk management is an integral part of project management. The basic approach is: 1. Identify Risk 2.…

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Few would deny that real estate is a solid investment. Nationally, there hasn’t been a decline in home values since the end of World War II, according to the National Association of Realtors in a report the one-million-member trade organization released in March of last year. These widespread equity gains in residential real estate, as…

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