You can send an invoice on PayPal for free, and the setup only takes a few minutes.

Source: BusinessInsider.com

You can do just about anything online. You can check your bank account, move money around, earn a living, play games, connect with people all over the world, sell your old stuff, and you can find almost anything you might want but had never imagined you would find. Sounds amazing doesn’t it? I certainly think so, and if you had told me this fifteen years ago, I would have told you that you were crazy. I feel blessed that the Internet has allowed me to make a good living right from my own home so I can be with my daughter rather than carting her off to daycare. All I needed was a computer, Internet connection, a good word processor, and a Paypal account.

I’m a writer. I do realize that this is part of the reason I can work from home. Not everyone can do that. Had it not been for Paypal, I might have had a very hard time getting started. Waiting for checks is something that most writers are very familiar with, but if I had to wait when I started, I wouldn’t have been able to stick with it. I would have had to go get something I would know would pay very soon. Thanks to my Paypal account, I get paid very quickly, where in the past, I would have been waiting for two months for payments. It’s a pretty great feeling when you can submit your work to your client, and have the invoice paid in full and sitting in your Paypal account within days.

Though I have had no issues with my Paypal account, I know there are problems. Some feel that they been ripped off by Paypal, but I find this very hard to believe. What I do believe, however, is that they may have been scammed by someone else. One of the most common phishing scams online involves Paypal. Phishing is the act of sending out email that appear to be from a legitimate company, but it is actually going to take you to a fake website if you click the link.

These often tell you there is some problem with your Paypal account, and when you click the link given, and try to input your information, you find you can’t get in. that’s because you aren’t on Paypal’s real sight. What you have done is given someone your password and username. To keep your Paypal account safe, change your password all the time, and make it something hard to figure out. Also, never click on any link in an email. Always open a new browser and type in the address for Paypal and then go into your account. So many are taken this way, and they lose everything, even though it is very easy to avoid. If you think someone has gotten your information for your Paypal account, change your password immediately and contact Paypal via the phone for more help.

I recently signed up for a health insurance policy. This particularly attractive woman had been trying to get me interested in the health insurance policy she had been peddling, while I was more interested in her telephone number. Finally, as a barter for a coffee date with me, I put my signature on the dotted line of the health insurance policy. At that time, it seemed like a win-win deal. I not only got to spend an enjoyable afternoon with a very beautiful woman, but also got myself a long overdue health insurance policy in the bargain. Maybe I should have been paying more attention to the health insurance policy than the policy seller. But how was I to know that I would need to use my health insurance policy so soon!


Karen Pollack, the head of a debt-collections practice called KP Recovery Solutions, had been trying to collect on some medical bills Krevat had recently incurred for a heart transplant. Krevat’s debts, which were reviewed by The Atlantic, made up plot points in the worst kind of American health-care horror story. 

Source: https://www.theatlantic.com/health/archive/2019/08/medical-bill-debt-collection/596914/

The need to use my health insurance policy started rather innocuously. Nearly six months later, one day at work, I managed to hurt my jaw by banging it on a filing cabinet. Nothing major was what I thought. Till I discovered over lunch that I had actually broken a tooth or two! I decided to visit a doctor or a dentist to get myself cleaned up. The first dentist I went to had a shock in store for me. He examined me and told me that one of the teeth hadn’t broken of completely and needed to be surgically removed. If it wasn’t removed in time, it would rot and also get the surrounding teeth to be rotten in a short while. While it wasn’t something to be worried about the procedure would cost upwards of two thousand dollars. I sat flabbergasted. More by the cost of the procedure than by the broken tooth itself.

But then I suddenly remembered the health insurance policy that I had recently signed up for. Boy was I glad! Not only could I use the health insurance policy to offset the phenomenal charges, I could also com out of this minor mishap looking and feeling good. With that thought in mind, I ran back to the office to contact the insurer. That was much more easier said than done! First and foremost, I had a great deal of difficulty getting through to the claims department. While the phone was continuously engaged (were there so many claimants?) my email to them went unanswered for two whole days. Finally, threatened by visions of a rotting tooth, I took my health insurance policy and personally went down to their office.

It was an utter waste of time. A pleasant enough secretary thrust a set of forms at me as soon as I explained why I was there. She didn’t even ask to see my health insurance policy. Which should have told me a thing or two, but I was eager to get back to my dentist. After having spent over three hours filling form after form in triplicate, I was sent over to the claims manager. This time around, he did ask to see my health insurance policy. And calmly told me that dental surgery wasn’t covered. I sat shell shocked. But it was true. Buried in all the fine print, there was a statement testifying to that fact! I demanded to see the agent who sold me the health insurance policy in the first place. Turns out she was so successful at selling policies to people like me that she had been promoted to a manager of her own branch and was now based in Europe! So the thing to remember when you sin up for your health insurance policy I to read the fine print!

One of the best moments of my life was when I got a new, high profile job. The job was everything that I ever wanted. It was in the industry that I loved, it was a senior position with a lot of responsibility and it paid me well enough to lead a good life. I thought at that moment that there was nothing that could top the feeling of having landed such a position. But I was wrong. As my job involved making financial decisions for the company and frequent traveling, I was soon given a business credit card. And I soon realized what a boon this was.


If you operate a small business, whether it’s part-time or full-time, you may benefit from opening a business credit card. Most issuers have pretty lenient qualification requirements for what’s considered a “business owner” and will likely accept your application whether you freelance, sell items online or run a growing company with employees.

Source: https://www.cnbc.com/select/best-small-business-credit-cards/

The company had a policy of issuing business credit cards to senior executives in order to facilitate reimbursements. As ay accounting professional will tell you, the reimbursements and claims processes in any large organization can often drive a person mad. Sometimes invoices and bills go missing and cannot be replaced. Other times, the documentation is not proper. At times, it is impossible to keep track of several petty cash bills. So our company issued business credit cards to all senior executives to simplify the process. And as a solution, the business credit card was brilliant.

For one thing, we no longer needed to ask for large amounts of cash to be carried with us on local and overseas trips. We could use the business credit card for nearly everything. Airfares, hotel rooms and lunches could be paid for by the business credit card. Smaller purchases could be paid through the business credit card. Even online business related expenses could be paid for by the business credit card. And all we had to do to claim reimbursements was to hand over the monthly statement to the company accountants and they would pay up all the business related expenses in full. No money ever went out of our own pockets, but like any shrewd executive will tell you, there were other advantages of a business credit card that we could enjoy.

Since the business credit card was issued to me on my name, I could make use of all the frequent flier miles I gathered on business trips to get tickets for my family as well. Since this did not translate to any loss of money to my company, it was condoned. Similarly, the bonus points I accrued on my business credit card could be used to claim lunches, discount coupons and redeemable gifts for myself. I got a fancy fountain pen and some gadgets and gizmos in this way. Finally, any freebies that the credit card company gave me were mine to keep. While these perks of a business credit card might not sound like much, they are the little things that gave me a constant source of power and contentment.

There are some thing that most people are comfortable with and other things that make them uncomfortable. I consider myself a fairly confident person that can relate well in most situations, except when it comes to purchasing a vehicle. I think this is a result of having a very bad experience with the first car dealer I dealt with. I was young and had very limited funds and he took advantage of my lack of knowledge about vehicles. I lost most of my savings on that vehicle and I have hated car shopping ever since. I am always certain that I am going to get ripped off.


Electricfied models reached over 40 percent of Hyundai Motor Co. and Kia Motors Corp.’s environmentally friendly vehicle sales in the January-October period, an automobile association said Monday. 

Source: http://www.koreaherald.com/view.php?ud=20191209000239

Because I hate shopping for vehicles I tend to put a great deal of miles on the car I own. I take good care of my cars making sure they have regular maintenance, but there comes a time when they simply wear out. I found myself once again in the market for a vehicle and this time I wanted to buy a new one. I was telling a friend about not wanting to go into a dealership alone because I am quite naïve when it comes to the cost of cars. He suggested I look up the car dealer invoice of the vehicles that I was interested in purchasing.

He told me that most manufactures publish the car dealer invoice so people will not be over charged. I thought this sounded like a great idea. I did some searching and soon found the car dealer invoice for the vehicle I was the most interested in. The invoice outlined what accessories came standard with the car and what things cost extra. The suggested retail prices for the extras were listed. I made copies of the different invoices and went looking for a car.

One car dealer was advertising that the cars were on sale for one dollar over the dealer’s invoice. This was an inventory reduction sale. I had my copy of the invoice and went to the car dealer to see how honest their advertising was. I explained to the sales person what type of car I wanted and what accessories were important to me. He had one on the lot and suggested that I test drive it. The car had everything I wanted and I liked the way it handled. The car was expensive, but the advertising was accurate the sale price was one dollar more than the invoice I had printed off. I bought the car and drove off the lot feeling that I had made a good deal.

There was a time when small businesses, especially mom and pop stores could get away without maintaining accounts of any sort. In fact, the sole reason why they were classified as mom and pop stores were because the business was run in an ad hoc manner. But with increasing number of people opting for small businesses and the entrepreneurial initiatives being fostered by governments worldwide, these businesses to have come to represent a large part of the gross domestic produce of countries worldwide. This is where the need for complete accountings programs surfaced and which is why, it has become a big issues for all businesses.


SMEs of all sizes across all sectors can simplify their finances by having the right accounting software. However, deciding which particular platform is best suited to your organisation can be a difficult and time-consuming task as there are so many elements to consider. 

Source: https://www.globalbankingandfinance.com/how-to-choose-accounting-software-for-your-sme/

There are various accounting programs structured to cater to the needs of all kinds of businesses. While the smaller stores use standalone accounting programs and smaller, single user license versions of the more popular accounting programs; the larger stores need to use a comprehensive suite of accounting programs. Be that as it may, the fact remains that all businesses, large or small, need to use accounting programs of some sort in order to streamline their operations and to comply with governmental regulations.

One of the simplest accounting programs available in the market today is Microsoft Money. While most computers bought in the United States of America come pre loaded with this accounting program, it is applicable only for personal finance calculations or maybe small business needs. But as accounting programs go, it is fairly well designed to cater to the needs of smaller businesses. Which explains its popularity in terms of number of users who use it as their primary accounting program.

A slightly more evolved accounting program is something that has come to be branded and sold as Tally. Like the name reveals, this is an accounting program that caters to the needs of smaller businesses, where the accounting operation is primarily a function that tallies stock (either available or sold) with the cash available in the machines at the counter. That’s not all. An accounting program like Tally comes with a customizable interface making it scalable for a variety of business operations. So smaller businesses even in the services sector are able to use it to streamline their processes.

Today, the wide array of accounting programs available in the market make it easier for businesses not only to organize themselves, but also to comply with local, national and global requirements. Every business thus can adopt and deploy the best practices that make globalization beneficial to one and all.