The challenge, sponsored by the Kentucky Education Savings Plan Trust (KESPT), is intended to remind families that it is never too early to start saving and planning for higher education. Nine winning entries will be selected by a panel of judges. One winner will be chosen from each of three submission categories-drawing, essay or poem, and video-in grades K-2, grades 3-4 and grades 5-6. The winning students will receive a $1,500 KESPT college savings account, and their schools will win $500. The contest runs from Jan. 17 through March 18, 2011. Entries must be postmarked by March 18 and received by March 25.
You can do the same thing with a special Company saving or whatever method you like. For me, that leather basket represented something special. Seeing it every day just helped me to lock in my mind and heart.
You figure out what your bills are for a month. You set this electronic payment from your account or use one credit card for all your bill payments. So without thinking about it or budgeting all the bills are taken care off. Remember to settle your credit card in full for the month.
It is not your fault because your brain is resisting the entire process and you end up ignoring your budget except in January, when it becomes part of your new year’s resolution.
I use a Company savings for things like tax savings (for my estimated quarterly returns) and professional liability insurance that only gets paid once a year. TIP: Break up the yearly payment amount into monthly payments for all large amounts due on a yearly or quarterly basis. Pay that amount to your Business each month, and those large payments will be available when the time comes.
#7: Create Your Own Business. Once you’ve finished your own solar project why dont you build some for your friends? Provide advice for other DIY solar enthusiasts? the opportunities are endless.
You can find lots of resources online that will show you how to build your own panels. Take a look at what is out there and compare the different offers that you find. A lot of these will give you a money back guarantee. Some include not just manuals of instructions but also videos which can make it even easier to follow, especially if you are not inclined towards these types of projects.
So when it comes to your business and after you have it setup and going and profit is starting to come in, place 10% into a business savings account and you will never have to worry about a business problem that you will not be able to handle.