Cutting Expenses

telecommuteThere’s a special thrill derived from doing work in your pajamas. It can be a strangely productive way to get your projects done, regardless of your choice of attire or particular field of employment. Telecommuting isn’t exactly a cutting-edge trend since e-mail and phone calls (as well as faxing) have defined the process for years. But the latest blossoming in technology and digital infrastructure has radically altered and improved the way you’re able to telecommute. Everything from accessing centralized cloud servers to publishing business reports on your smart phone represents a step in the right direction, but these are only tools in the arsenal of a telecommuter.

To truly get the best experience in both telecommuting and your place of employment, you should seek out a more personal and interconnected route like video conferencing. Combining the visual appeal of being able to read a colleague’s body language and expression with the versatility of a standard conference call, video conferencing reflects a growing trend of closing the gap between all branches of employees, near or distant. Here are some of the ways that modern video conferencing has breathed new life into telecommuting, and why you should be interested in it.

A Personal (Budget-Friendly) Touch

One of the obvious benefits for those located in international corporations is the ability to scoff at time zones, and interact with colleagues easily. When you have the luxury of telecommuting and speaking to foreign colleagues at a designated time, you avoid the time – and cost – spent organizing your flight, possible hotels, and arrangements to physically meet. The costs associated with a few simple business trips can be staggering, particularly if your business is small or cannot afford such frequent travel.

Video conferencing is practically free, aside from the initial purchase of software and any related components. But compared to round-trip plane ticket alone, this cost is more than worth it. Some companies such as Blue Jeans, video conferencing is designed to be cheap and easily-accessible to a range of markets – including yours. Seek out these deals, and take advantage of them. Because telecommuting relies on both audio and visual input, it’s more suitable for interactions between you and your colleagues, especially if you’re involved in project management or board meetings. Most traditional conference calls simply lack the appeal and attention-grabbing nature of a visual component, which, according to Redriver, helps keep participants engaged and focused on the task at hand.
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Are You A Saver Or A Spender? (Infographic)

Do you know how much more likely a saver is to have a high interest savings account or what the average spender would never cut back on? By understanding the differences between savers and spenders, you can get a better idea of where you fall and what you can start working on to be a better saver (assuming you are a spender). All of this information is presented in this cool infographic below. So where do you fall? Are you […]Read the full article...

reverse mortgages

Does A Reverse Mortgage Fit Into Your Retirement Plans?

It’s no surprise that the majority of Americans aren’t good at saving for retirement. Many Baby Boomers are waking up to the realization that they are going to have to work much longer in order to afford retirement or possibly not even retire at all. If you are in this predicament, do you have any options other than not retiring? The answer is yes: you can consider taking out a reverse mortgage. In fact, reverse mortgages should play a role […]Read the full article...

hole in ground

How To Dig Out Of Credit Card Debt

If you have been reeling under the burden of huge credit card debt, then you probably don’t need to be told how easy it is to amass debt and how incredibly difficult it can be to get out of it. When overwhelmed by debts you have no idea how to pay back, the first step is not to panic. The second and more important step is to sit down and work out a clear strategy. Once you get a handle […]Read the full article...

automatic etf investing service cuts fees

Breaking News!! Schwab To Take On Betterment, Wealthfront

I just read a story on Reuters that is blowing my mind. Apparently, Schwab is a few weeks away from offering an automated ETF investing service, or robo-investing service, that is along the same lines of what Betterment, Wealthfront, and the other new automatic ETF investing services offer. So why is this big news? Two reasons: First, Schwab is the first large discount broker to be going down this road. (I’ll go into more detail about this below) Second, according […]Read the full article...


Pitfalls of Refinancing

Interest rates are still relatively low, which means it could make sense to refinance if you have a high interest rate on your home. For my wife and I, we are toying with this idea as we speak. Our current house has a fixed rate of 5.375%. Historically, this is a decent rate. But if we were to refinance, we could drop the interest rate by a full percent or more. The question is, is the lower rate (and potential […]Read the full article...

Save Money on Life Insurance

Ways To Save Money On Life Insurance

There are as many ways to save on life insurance as there are policies to meet your needs. Anybody who has applied for a life insurance policy knows that all companies care about is mortality risk, and your mortality risk is determined by your age, health, family medical history, occupation, and general lifestyle choices. Fortunately, each insurance carrier calculates risk just a bit differently; some basic research and comparison shopping should help you determine which company is offering the best […]Read the full article...

no credit cards

4 Things You Shouldn’t Buy With Your Credit Card

Ah, plastic money. Everyone seems to have one in their wallet nowadays. That’s because when you simply don’t have the cash, you can pay for your purchases at a later date. They’re convenient and safer to carry around, especially when you go shopping. However, with great credit card power comes responsibility as well. There are things you shouldn’t buy using one as they can lead to big financial mistakes. Here are four. Items Not To Buy With Your Credit Card […]Read the full article...

retirement sign

How To Retire At 50 And Live Like A King (or Queen)

While most people only dream about retiring at 50, there are people out there that turn this dream into a reality. What is their secret? Did they win the lottery? Rob an armored car? Print counterfeit money? While there may be a few people that did do those things, the reality is that most retire at 50 by following 3 simple pieces of advice. How To Retire At 50 In 3 Steps Step 1: Save More – A Lot More […]Read the full article...

round table

The Round Table – September 28, 2014

Welcome to The Round Table! Lots of things happening in my world right now. I’ll go into detail on many of them in an upcoming post, but for now let’s just say my awesome experience as a landlord just hit a big bump in the road. No big worries though at this point as I have options. In addition to that, I spent some quality time doing house projects. I got a good amount of things updated/remodeled, but the list […]Read the full article...