Financial implications of Drug Rehab

Cost of treatmentGiven the current epidemic of opioid addiction the demand for effective treatment for all kinds of addiction continues to grow and so to does the cost. Some health insurance will cover the cost of 30 day treatment which is all very well if you have health insurance and are currently employed. However, many people taken down by their addiction and at their bottom rarely have a job or health insurance.  So how  does one fund expensive Drug Rehab.  There may be a chance depending on which state you live in to avail of public health services detox and treatment but … Read the rest

Importance of Customer Service

Happy customers are key to a profitable company.  It’s a basic tenant of business.  There are two ways to make customers happy. The first is to provide an outstanding product or service that satisfies their expectations and needs — or even exceeds them. You can easily name companies who have taken that part of the equation seriously and raked in astounding profits.  Yet there are just as many, if not more, stories of companies that have leveraged the second route: they provide outstanding customer service. And if your company can manage both, great product and great customer service, then the … Read the rest

What is Venture Capital?

Silicon Valley
Silicon Valley

The term “venture capital” or “VC” was only known in financial circles a few short decades ago.  The internet booms of the 1990s and early 2000s changed all that.  Today, most entrepreneurs know that, if they have the right idea, they may be able to get VC funds to help build their idea into a successful company — or to expand their fledgling company into a market leader.

Still, many people don’t fully understand what venture capital is or how it works. They just know it has something to do with funding all those major — and minor … Read the rest

Savvy End-of-Year Tax Tips

The end of the year is fast approaching, and you may be wondering what you can do between now and New Year’s Eve to save yourself some money come April 15th. Here are some tips on ways you can keep more of your hard-earned money.

Donate to Charity.

Any money you donate between now and the end of the year is tax-deductible, provided that you itemize deductions. Turbo Tax has a tool to help assign values to non-cash donations like clothes. Remember that if you donate more than $250 you will need a written acknowledgement from the charity … Read the rest

Americans Borrowing More Money

On February 18, 2014, CNN Money reported that Americans are borrowing more money and using their plastic at levels not encountered since before the Great Recession in 2008. In the last quarter of 2014, overall household debt rose across the country to a staggering $241 billion dollars. Many consumers are wondering the cause of this jump, and if it shows signs that the economy is on its way to a full recovery. Read on for a look at why many Americans are borrowing more money and what this means for the country’s future.

First Increase in Debt Since 2008

The … Read the rest

Benefits of Lotteries to State Governments

To some people, state lotteries represent a number of social and economic negatives. Many also criticize the lottery for its virtually impossible odds.  The truth is that the lottery is an effective and time-tested means of revenue generation, especially for state governments.

People as far back as first-century Rome understood the benefit of raising funds for civic and government projects via lottery. The same principles are regularly implemented by state governments today and lottery proceeds often make it possible for various projects to move forward where lack of funding would otherwise leave them at a halt. Different states allocate funds … Read the rest

What the Target Hack Means for Consumers

You will be hard-pressed to find an American that is not concerned about the news that Target’s customer payment systems were hacked and thousands of consumers’ credit cards and financial information were compromised. While everyone seems to know about the hack, not many people truly understand what caused it. We have the details for you. Read on for a look at what caused the Target hack and how consumers can protect themselves.

The Origins of the Hack

The credit and debit card breach that occurred in Target, Neiman Marcus and other retailers affected over 70 million consumers and analysts believe … Read the rest

Top Performing Stocks of 2013

There are any number of end-of-the-year lists discussing the 2013 stock market.  Stocks from different sectors in Standard and Poor’s 500 index have performed their level best as the market rises up. Below are some of the top performing stocks from 2013:

Tenet Healthcare – THC (NYSE)

This stock is classified in the hospital sector and posted returns from March of +46%.

The company operates hospitals in different areas of theUnited States. They have been experiencing increased market share because there is a high demand for healthcare services that is expected to continue to grow.

Dell, Inc.

It is classified … Read the rest

Deciding on a Career Path Today

As the world becomes more populated and technological developments make it seem smaller, we are all brought together on a new level of consciousness as well as social structures. In addition, the amount of competition that exists in various fields continues to increase at great rates and shows no signs of slowing down. This can be a daunting outlook for young people as they struggle with the normal issues of personal development and early education needs. What it also means is that the competition is beginning at much earlier ages, and certain fields demand excellence and signs of high potential … Read the rest

Most Valuable Race Teams

It should come as no surprise to race fans that the teams in Formula One are some of the wealthiest in motorsports. In fact, the top four teams in F1 have a higher net worth than the number one team in NASCAR — not that NASCAR teams are cheap. While top race drivers may draw huge salaries and endorsement deals, it is at the team level that the dollar amounts are truly staggering.

Formula One

The top 13 F1 teams are worth over 4.5 billion, with an average worth of $337 million. Most of a team’s revenue originates in broadcast … Read the rest