Whether you are an entrepreneur who owns your own small business or you run a much larger business that is a part of a huge corporation, costs are something that you’ll always have to think about. Even if you have a big budget, saving on business costs wherever you can is still of utmost importance.…
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The economy has constantly been under siege by unforeseen shifts in the world economy like recessions, pandemics and even armed conflict. As a result, companies have to introduce strict actions to keep themselves afloat, such as pay cuts, layoffs and recruitment freezes. Pay cuts entail a reduction in one’s monthly salary. The reduction percentage depends…
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Hi MMers! July represents many things for me. For one, many of you are right in the middle of summer, which aligns with the same weather all year round in tropical South East Asia. I’m terrified of cold. I had only seen snow once or twice when I was living in Shanghai. Of course, I…
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With prices of goods and services increasing, our current pay may not be enough to pay off all our bills and expenses. To alleviate this problem, some take on part-time jobs on top of their full-time job. However, taking on an extra job can be stressful and get you in trouble in the long run…
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Hi Kally, As you know, the economy is not very good right now, there are very few jobs in the market and many new graduates hunting for any kind of available jobs. Recently, my company is going through a revamp and restructuring. I have been in this company for the past 15 years. I am…
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During pandemic, we all have our own financial worries. Worrying about putting food on the table, worrying whether our job will be at risk, worrying if we will be unemployed overnight. It can get too much, overpowering us, causing anxiety and stress. One of the posts I’ve come across sum it up perfectly with sound…
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It is undeniable that times are changing and it is becoming normal to hear about businesses struggling or closing down. As a business owner, this news can be disheartening because you will never know whether you are going on the same path or not. But instead of fearing what can happen, you must find ways…
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