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5 Important Aspects Your Resume Should Cover

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Including essential resume, sections are crucial to offering prospective employers an in-depth summary of your education, experience, and qualifications. The commonly recommended parts to cover in your resume include a resume profile, contact information, education, skills, and experience. Your resume may stick out against your competitors if you also cover optional sections describing your accomplishments and hobbies.

Every part of the resume plays a vital role and may impact your chances of being considered for an interview. Remember that leaving out crucial aspects in your resume might prevent prospective employers from discovering why you would be the right person for the job. So, if you are searching for job opportunities, here are the top resume aspects you should cover.

Contact Information

This section contains your first and last names, email addresses, physical addresses, and phone numbers. Always ensure it’s at the top of your resume. Its objective is to help the hiring manager or recruiting agency quickly know you and how to contact you. If possible, use a bolder and larger font for the contact information section to catch potential employers’ eyes.

Resume Summary

resume

Based on your goals and preference, you might consider including your resume summary, profile, and objectives after the contact information part. Usually, this section helps if you want to define your immediate employment objectives. You can think of a resume summary as an elevator pitch that details your relevant skills, experience, and other essential qualifications.

Professional Experience

Your resume must have the experience section that sum-ups your specific work and experience that applies to the position you are applying for. In this section, include the companies you have worked for, the particular duties you did in that position, and the title you held at every company.

Also, you can include major awards and achievements in previous positions you have held. However, you should only include what you have done in the last 10 to 15 years if you have held several positions. As a recent graduate, you can consist of summer jobs and internships. Also, utilize free resume templates so that you can come up with a professional-looking resume.

Skills

In this part, you should cover specific skills that apply to the job you are applying for. Irrespective of your experience, always remember to include this section in your curriculum vitae. Include a mix of soft and hard skills and marketable abilities to show your prospective employers that you are a well-rounded and dynamic candidate.

Hard skills often comprise the technical skills acquired through education, training, and hands-on experience. On the other hand, soft skills usually contain people skills and personality traits.

Education

This section is also crucial for your resume, as it outlines your academic achievements, educational background, and any awards you have received. The information you add to this section depends on your experience and the degrees you have acquired. For instance, if you have just graduated from the university, this section should be comprehensive and have all the relevant information that applies to the job you need.

Optional Resume Aspects

Now that you know the essential parts of your resume, it’s worth knowing the optional components to include to stand out against worthy candidates. These additional parts to add to your resume have awards/ achievements, language skills, community service, hobbies, and interests.

The Final Say

A resume informs the hiring company about your skills, experiences, and work history. Thus, use it to highlight details that show you are qualified for the position, are a good employee, and have the necessary skills to progress in the company.

7 Things to Know Before Investing in Real Estate

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Real estate; has since eons been identified as a highly reliable asset and a lucrative source. Investing in real estate allows diversification of assets, instantaneous dual income, saves income tax, and offers a great inflation hedge thereby providing leverage. Considering these and numerous other benefits that come with investing in real estate; around 63% of the population is already investing in real estate according to the Census Bureau.

If you are here; you might be entering the real estate investor segment as well or might already belong to one. You might be a novice or an experienced investor but there are a few things you need to know before you begin investing in real estate.

Here we have shortlisted 7 eminent things you need to know. Read on!

1. Educate Yourself and conduct thorough research

Entering the real estate market without some homework is definitely not recommended. When you research rigorously and educate yourself, you will be able to identify trends, return on investment, and so on. Knowledge is what will pave the way for successful investing. When equipped with the knowledge, you can refine your investment strategies and focus on booming areas only.

2. Set Investment Goals beforehand

When you set goals, you strive and work harder to achieve them. Setting up goals can organize the investing procedure for you by determining priority tasks. The goals will help you come up with guidelines that you can follow when investing. Goal setting facilitates the formulation of plans like the number of properties to acquire, parameters for the rate of return, type or location of the property, and so on. Though all this might sound generic and something that can just be remembered; documentation is always a good idea.

When setting up goals, you can calculate expenses and profits expected as well. This will help you to plan better as you’ll have a clearer idea of how lucrative a property truly will be.

3. Secure down Payment

The realty market today is highly competitive. There is high demand and low supply of properties which puts sellers in a superior position. Today an interested buyer doesn’t really suffice. You need to possess characteristics that make you stand out as a buyer.  One of the ways to do this is to secure a significant amount of down payment. A minimum 20% down payment is expected from genuine buyers and you can always chip in for more. The down payment amount will also vary depending on the location, availability, and demand for the property.

4. Choose the Location wisely

Do not be hasty when investing in property. You might not move into the invested house but remember you’re putting in quite a lot of money into investing. Therefore; choose the location wisely. Consider aspects like amenities, job opportunities nearby projected appreciation of property in that location, crime rate, transit facility, rental demand, and so on. Conduct extensive research and also get a real estate agent or real estate agency as your ally as you hunt for a property. Since the realtors are well-versed in the process of home buying; once you put forth your requirements, they can help you find the best alternative that fits your needs.

5. Consider diversifying across Markets

What would you do in a scenario where you have extensively invested at one single location and the market declines due to some reason like an increased unemployment rate, increased taxes, or reduced capital spending on the infrastructural projects?

To avoid such financial risks, diversify across markets. Get invested in promising properties at different geographical locations. Every housing market moves independently so it’s a good idea to spread your assets across different economic centers. If one falls, others will still remain lucrative.

6. Clear off your Debts and keep a good Credit Score

Like most of the population, when investing you might consider getting a loan; approval of which can be quite tricky. The easiest way to secure a loan is to have an exceptional credit score! Steer clear of all your balances and dues, maintain records of your finances and rest assured your loan availing process will go smoothly.

7. Don’t let your emotions take the Driver’s seat

When buying a house, most people are driven by their emotions. They get very choosy and follow their heart rather than thinking practically about how the investment can be the most fruitful. They go for houses that are aesthetic rather than houses that are remunerative. This is all well and good if your plan is to reside at the property. However, if you are buying a house for the sake of profit-making, it is wiser to let your emotions subside and think logically. Put in your best effort to negotiate, take the help of your real estate agent and seal the deal as low as you can; this will ensure you generate greater profits.

Investing in real estate is quite a complicated ordeal. There are numerous parameters that need to be taken into account. Further, there are chances of committing grave errors. But with the right real estate broker by your side, you have it all under control!

Happy investing!

Online Tools You’ll Need When Working Abroad

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There are many reasons why people might decide to work abroad. Maybe they want to experience a new culture or learn a new language. Or perhaps they want to save money and see the world simultaneously. Whatever the reason, working abroad might be the option they want.

However, it doesn’t mean there won’t be difficulties. Fortunately, online tools can help make working abroad a little easier. Whether communicating with your loved ones or handling your finances, you can accomplish a lot with your mobile phone and the internet. Here are a few tools you will need when thriving in a new environment.

Communication Tools

If you’re working abroad, you’ll need a way to keep in touch with your family and friends back home. There are a few different ways to do this, but the most popular option is to use a VoIP (Voice over IP) service like Skype or WhatsApp. You can make video and voice calls with these services and send texts and images. They are also relatively inexpensive, so you won’t have to worry about breaking the bank when staying in touch with your loved ones.

Working abroad can be an enriching experience, but it can also be quite isolating. It’s essential to stay in touch with your loved ones back home to ensure you’re not feeling too alone. VoIP services like Skype and WhatsApp are a great way to do this, as they allow you to call and text for free. So make sure to use these services regularly to keep in touch with your friends and family.

Social media has made communication from all over the world more accessible. It has allowed people to connect with others in a way that wasn’t possible before. It is especially true when it comes to working abroad. With social media, people can easily stay in touch with their loved ones no matter where they are. You can do this through video calls, text messages, and images.

Social media has also made it easier for people to find work abroad. Many websites and social media platforms allow people to post job opportunities and find potential employees. It has made finding a job abroad much easier than it used to be.

So overall, social media has had a significant impact on communication and working abroad. It has made it easier for people to connect and find work in a new country.

Mobile Banking

Another essential tool you’ll need when working abroad is a mobile banking app. It will allow you to transfer money between your home bank account and your foreign bank account without fees. It’s also a convenient way to keep track of your spending while you’re away.

There are many different mobile banking apps available, so make sure to research the best one. Once you’ve found the right app, set up a secure PIN code to protect your accounts.

When working abroad, it’s important to send money back to your hometown to support your family. It can be a challenge, as transferring money internationally often comes with high fees. However, online remittance services can help make this process easier and more affordable.

These services allow you to transfer money to your loved ones in your hometown quickly and easily. They also offer low fees, making it more affordable than traditional money transfer methods. So if you’re looking for a way to send money home, be sure to check out the online remittance services available.

Language Translation Apps

If you’re working in a country where English is not the primary language, you’ll need a way to communicate with your colleagues and customers. Many different language translation apps are available that can help you with this.

Some of the most popular options include Google Translate, Microsoft Translator, and Yandex Translate. These apps allow you to translate text, voice, and images into various languages. They also have features like conversation mode, making it easy to have a conversation in another language.

So if you’re looking for a way to communicate in another language, check out the various translation apps available.

VPN

When working abroad, it’s essential to keep your data safe and secure. A virtual private network (VPN) can help by encrypting your data and hiding your IP address. It makes it difficult for hackers to steal your personal information or track your online activity.

There are many different VPNs available, so make sure to research the best one for you. Once you’ve found the right VPN, set up a secure connection to protect your data.

A VPN is an essential tool for anyone working abroad. It helps to keep your data safe and secure by encrypting it and hiding your IP address. So if you’re looking for a way to protect your online privacy, be sure to check out a VPN.

These are just a few of the essential online tools you’ll need when working abroad. To find the best option for your needs, research each one. And don’t forget to stay in touch with your loved ones back home.

Disadvantages of Multinational Corporations

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What are Multinational Corporations? Multinational corporations are those companies that set up their plants in different countries giving better job opportunities to the public. They typically have their headquarters in one country and are registered in numerous others. MNCs can manufacture, market, and sell their products in the host country. Everyone loves to be a part of multinational corporations considering the working environment and benefits offered. But, did you know that they also carry some disadvantages?

Yes, like everything has its pros and cons, multinational corporations also have disadvantages. Some of the disadvantages of multinational corporations are

people working together at an office

Damage to the Environment

While multinationals come off as more informed and environmentally conscious, they contribute a lot to environmental waste. Waste control in developing countries is not well regulated, and the governments are not mindful of the consequences considering the benefits of multinational corporations. The companies manufacture products in bulk with low-quality material sometimes, increasing water and air pollution. Many MNCs reduce costs by ignoring the need to reduce pollution caused by them.

Affect Other Businesses

MNC usually produce their products on a large scale with a more efficient plant involved and skilled labor. Despite giving the best results, the cost of their products comes out to be less than local companies trying to compete with them in their capacity. By spending more money improving their production and marketing strategies, MNCs win the competition and gain a monopoly. It hurts the business of domestic industries, and some companies also die due to a lack of resources.

Exploitation of Government

Some MNCs are big names and bring a lot of money to a country when setting a plant there. Besides engaging people to work for them at low wages often, they also tend to make changes in the country that the government may agree on for short-term benefit. However, in the long run, these policies or changes do not benefit the people.

Economic Exploitation

Many multinational companies are good at exploiting people and the host countries to their benefit. From internal and external sources of recruiting employees and labor at low costs to exploiting that country’s natural resources, they do it all. Despite paying low wages and producing products at low costs, their branding allows them to sell their products at high prices. When these companies push others out of business and create a monopoly, consumers have to pay a high price to buy their star products.

Uncertainty

Most multinationals stay in a country for their monetary benefits only and do not care about the welfare of the people of that country. “Hire and fire” culture is quite common in multinational corporations, and many people lose their jobs for one reason or the other. One of the most common causes of job loss is the shifting or shutting down operations in a particular country. It usually happens when that region faces economic uncertainty. Working in a multinational is amazing, but you never know when they will stop operating in your country.

Unsuitable Technology

Most multinational corporations move to developing countries, and some expand their business in developed countries. A technology designed for working in the home country of the MNC might not be suitable for the host country. It could either be outdated, too advanced, or difficult for people to understand. This also contributes to the import of employees from countries who know about that technology and can work well on it.

Labor Import

Apart from the common perspective of MNCs employing local people and providing better job opportunities, multinationals also import skilled labor and personnel from other places. MNCs typically want to reach high efficiency quickly and make their name in the market, yet this is difficult if the operational area lacks skilled professionals. To cut down on time and training costs, they often import staff from other parts of the world. So, eventually, the jobs meant for the locals are taken by others, and only low-level jobs are available.

Export Profits

MNCs mostly work in multiple countries yet provide minimal benefit to the host country. They use raw materials, natural resources, and low-level labor from the host country but do not give back enough. The profits for the host country are nothing compared to what the MNCs make. The money made by the MNCs is exported to their home countries in the form of royalties, interest payments, profit dividends, and service charges. Thus they do not help improve the host’s economic condition much.

Sociocultural Issues

When multinational companies set up their business in other countries, they bring their cultural and social values. With passing time, the people working with MNCs begin adopting their culture, leading to cultural issues in the region. Other local people feel a distance from them because of the social and cultural changes they adapt to through the MNC.

Less Jobs For Home Country

Multinationals shift from their home country to other countries, offer jobs to the locals, and sometimes import labor from other areas. While it increases work opportunities for others, setting up MNCs in various countries results in fewer jobs in the home country. The people who could have been employed and improved their lives if the company expanded the business in the host country lack the chance.

The Bottom Line

Multinational corporations are registered and operate in many countries. Apart from the headquarters in the home country, they set up their plants in multiple countries to produce and sell their product. While MNCs have benefits, MNCs also have some disadvantages like fewer jobs for the job-seekers in the home country, unsuitable technology, and uncertainty of job.

Multinational corporations use resources from the host country yet take away the profits to the home country. Locals of developing countries experience sociocultural changes when working in MNCs. Multinationals also possess the power to pressure the government into altering policies and making changes that do not benefit the locals in the long run.

Why buying health insurance is Important in Hyderabad?

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Health disorders can occur anytime in the lifetime of a person which leads to several problems. Moreover, they will lead to high medical expenses and not everyone can afford them easily. Hyderabad in India is one of the major cities that offer job opportunities for several people in different sectors. On the other hand, the city is facing high pollution levels over recent years resulting in life-threatening symptoms.

That’s why one should consider purchasing health insurance in Hyderabad because it will help a lot get protection from high medical costs and other things. Moreover, it allows policyholders to gain more benefits enabling them to manage medical expenses with ease.

Reasons to opt for health insurance plans in Hyderabad

1. Offers financial stability

Getting insured is equally important today to ensure financial stability. Buying health insurance plans in Hyderabad lets people overcome troubles when it comes to emergency medical treatments. They provide coverage for critical illnesses and accidental care to ensure peace of mind. Furthermore, the plans give ways to utilize the savings for other purposes. Apart from that, they enable policyholders to get high-quality treatments in listed hospitals with ease.

2. Shift in lifestyle

Lifestyle is changing today in Hyderabad resulting in health problems due to sedentary lifestyle and changes in food habits. A majority of people face obesity, hypertension, diabetes, heart diseases, and other problems which affect their quality of life. Hence, it is necessary to undergo medical tests to diagnose the health disorders in advance. This will help take care of medical expenses properly to lead a problem-less life.

3. To deal with medical inflation

Medical technologies are advancing today to satisfy the needs of patients. As a result, the costs of medical expenses are increasing resulting in a financial burden. Having health insurance in Hyderabad gives ways to deal with problems caused by medical inflation with ease. It makes feasible methods to safeguard individuals and a family from rising medical costs to minimize unwanted issues.

4. To counter inadequate insurance coverage

Some health insurance policies offered by an employer provide only basic coverage for policyholders that can result in various problems. However, the options for increasing the coverage are high that will help gain more benefits. Having a high sum assured amount enables a policyholder to take care of every medical need financially. An employee can also convert the employer’s policy into an individual policy as soon as possible.

5. Availability of wider options

Health insurance companies in Hyderabad offer a variety of options for individuals and families. They even allow customers to select them based on their choices and budget that help accomplish goals to a large extent.

6. Accumulation of higher bonus

Many insurance companies reward policyholders with a bonus on the sum assured amount when don’t make any claims. Accumulation of a higher bonus will help a policyholder to reap more benefits when he/she suffers from various conditions in his/her later stage.

7. Helps in achieving financial goals

Financial planning is necessary for everyone to accomplish their goals in life. Buying health insurance plans in Hyderabad enables policyholders to minimize the risk of financial burden significantly. They even show ways to focus more on their objectives with more attention thereby helping to lower complications.

8. Offers a lot than hospitalization coverage

New health insurance plans in Hyderabad offer daycare expenses, protection against OPD, and diagnostic expenses apart from hospitalization coverage. Besides that, they also offer accidental care coverage for severe injuries and treatments to reduce the burden.

9. Cashless treatment

Many health insurance plans in Hyderabad offers cashless treatment option during difficult times. They will pay the amounts directly to a hospital and there is no need for policyholders to pay for the expenses from their pockets. However, it is applicable only for the listed hospitals and one should check them before purchasing a plan.

How to buy the best health insurance plans in Hyderabad?

Those willing to choose the best health insurance plans in Hyderabad should consider finding the right company after making complete research. Also, it gives ways to select a policy that satisfies the requirements and budget of a person. Several insurance companies provide health insurance policies and Care Insurance is one of the best among them because it caters to the needs of policy buyers.

The company shows ways to buy a plan at affordable prices thereby helping to lower medical costs. Besides that, it contributes more to compare the plans online to select a plan depending on the needs. It also helps to get the tax deduction benefit allowing a policyholder to deduct amounts while filing an annual tax return. New policy buyers can even contact the customer care team of the company to know more about the plans in detail. This will help a lot to ensure more financial freedom in life when it comes to medical expenses.

Importance of Commerce

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Commerce belongs to the branch of business. It is related to the process of trade and any kind of activity happening between two people and parties with the exchange of money.

The main role of commerce in business is distribution. Whatever the products are produced. If there is no availability of resources and raw material on time then there is no product ready for sale.

Commerce help in the distribution of all required resources by efficiently calculating and analyzing the situation so that the consumption process will be completed on time.

According to James Stephenson: Commerce is the well-planned process for the exchange of goods and services between two parties in the industrial world.

In a wide way: Commerce is that part of a business that includes all, directly and indirectly, activities related to buying and selling of any product with the exchange of money.

Importance of Commerce

There is other importance of commerce which are mentioned below:

  • Satisfy human demand
  • Raise standards of living
  • Commerce generates link between producer and consumer
  • Increase employment opportunity
  • Increase the economy
  • Help in the expansion of trade and aids
  • Commerce help in growth in industrial development
  • Encourage international trade by promoting its advantages
  • Help underdeveloping country
  • Commerce help in emergencies.

Satisfy Human Demand

Human demands are increasing day by day. Scholars divide human demands into two classes that are named as basic demands and secondary demands. Food, health, education, and a peaceful environment are included in basic needs while in secondary demand luxuries of life like electronics, vehicles, and easy means of communication are included.

Commerce help in the distribution of all required resources and raw material need for the consumption of product and goods on time. It also plays a vital role in trading which helps in the availability of any product and technology to the whole world. By this commerce somehow fulfills human never-ending desire and also promotes social welfare.

Raise Standard of Living

The standard of living relates to the lifestyle of members of society. If the majority numbers of people can afford to consume more and advanced products then their standard of living is high. To raise the standard of living, commerce plays a significant role by making every product available for every person around the globe.

To consume expensive and advanced products, consumers should be able to secure them first. Commerce basically helps to manage the right thing at the right place and thus able to improve the standards of living of humans.

Commerce generate link between consumer and producer

Products are produced for means of consumption. Consumption of products is the ultimate goal of companies and manufacturers. Commerce creates a link between seller and buyer through wholesalers and retailers. So that the product can reach their consumers on time.

Commerce helps to provide complete product information and specification to consumers through advertisements and salesmen. By conducting marketing research manufacture are well aware of the likes and dislikes of consumers.

This help to locate those specifications in a product to meet consumers’ need. By this commerce create a direct link between the manufacturer of the product and the consumer.

Increase employment opportunity

The growth of the commerce industry and trade increases the requirement of employees in their related corporate sectors like banks, transport, warehouse, and marketing.

The increase in their financial, marketing, and production process need more worker to handle it. It boosts the employment rate of the country by providing job opportunities to millions of people in it.

Increase the Economy

GDP of any country is directly related to production. Production and manufacturing contribute 80 percent of the net income of the country. Commerce helps in the growth of production and consumption of the product.

It also helps in the export and imports of goods from other countries. If any country needs raw material for the production of any good then they can import it through effective commerce. Thus we can say that commerce has a major role in the growth of the economy.

Help in the Expansion of trade and Aid

With the growth in the trade and commerce sector. There is a need for expansion and modernization seems in aids of trade. Aids of trade are related to sectors like banking, transport, finance, and marketing. With smooth and well-organized commerce, these means of aid to trade can be modernized and expanded to meet advanced world requirements.

Commerce help in growth in industrial development

Commerce helps in the smooth process of production and industrial development. Without efficient commerce, Keeping records and managing the data is very difficult. Commerce help to meet the consumer’s need by providing the desired product on time.

While on the other hand, it provides raw materials and goods to the manufacturer so that the production process will not be delayed. Hence we can say that commerce help in an increase of the growth in industrial development and production in the country.

Encourage International Trade

Through commerce, countries can exchange their surplus goods and products with other countries. With easy transportation and communication, countries can buy and sell their products internationally and earn foreign money. Foreign trade has some laws and international standards that save the countries from any loss and fraud.

Help under developing country

Underdeveloping and developing countries can import skilled labor and technical information from developed countries while developed countries can import raw material from under developing countries. These exchanges help to make the financial condition of the undeveloped countries stable.

Commerce help in Emergencies

During emergencies like natural disasters, earthquakes, floods, and wars. Commerce help to locate the essential requirement like food, medicine, and other reliefs to those areas for help.

Conclusion

Commerce is related to business. Effective commerce increases employment opportunities and demands of workers in its related sectors like banking, marketing, warehouses, and transport. Commerce helps to manage the record and data for efficient results.

It increases the industrial development and production level of the country. Commerce also plays a vital role in import and export and directly impacts countries’ GDP. So if countries pay interest in their commerce sector then it will give them benefits in different ways.

Why Building Credit Score is Important

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Your credit score is a way of determining your credit history. Today credit is more than just for taking loans and insurances. It has become an integral part of your financial life. It will determine the type of opportunities you are going to get in different phases of your business or work life.

What is a Credit Score?

It is actually a ranking number between 300 and 850 that tells the approximate worth of your credit card. A credit score is based on credit history such as your total accounts, debt etc. It is the FICO numbering system used by most of the lenders. FICO score and VantageScore are almost same.

Benefits of Your Good Credit Score

Credit score of 760 or so is considered very good. It can give you many benefits:

  • It is a fact that people with high credit scores experience low interest rates on home and car loans.
  • Lenders and insurers give them better offers due to high competition.
  • With all the money you save, you can increase your funds and work on your financial goals.
  • You’ll have a leverage to get low interest rates on new loans and credit cards and loan approvals will be much easier.
  • You can borrow a higher amount from banks based on your credit score and income.
  • You’ll not have to pay any utility security charges or even cell phone security, just a contract.

Importance of Building Credit Scores

Although there are no credit check loans options available but it doesn’t mean you shouldn’t try maintaining a good score. These are some points to tell you the importance of credit score and your credit report and why they matter:

Good Credit Score for Outstanding Loans

If you apply for home loans or auto loans, you need to have good credit scores to get approves. Leverage your good credit score to get good deals. Your credit score will determine the amount you will get and the interest rate you’ll have to pay. Low credit scores will lead you to pay higher interests and will increase your monthly payments.

Good Credit to Live peacefully

Your credit score is taken as an indicator to check your responsibility towards your finances and payment of your bills. Many mortgage lenders, utility providers, and renters check your credit before any deal. They don’t usually approve loans for people with low or no credit scores as there is no guarantee of them making regular payments.

Approvals for Business Loans

Many people want to start their own businesses. As a startup, you’ll need a good amount of cash for your business. People who do not have that go for business loans. Only those who have a good FICO score or credit score qualify for taking business loans.

Job Opportunities and Credit Checks

You’ll have almost double opportunities with a good FICO score than someone with a low credit score. Employers check your credit report and score as it is a means to determine your credit history.

Tips to Grow Credit Scores

These are some everyday habits you should adopt in order to substantially grow your credit score:

  • Pay your bills on time.
  • Charge less than 30% of your credit limit.
  • Regularly and mindfully your credit card.
  • Do not carry debt.

Final Words

I think these points will be enough to make you understand the importance of a good credit score. With a 760+ credit score, you’ll be able to use and brag your rights in almost every deal.

How Can you Help Reduce Poverty

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It is quite prevalent that the economic crisis has taken over the world badly. All the states and countries, either rich or poor, are suffering from this mess. One of the biggest countries in the world, like the USA, is among them, where the prevalence of poverty is a huge concern. When it comes to the states, people there, usually think of urban or rural areas, where the poverty rate is notable.

However, this theory does not fit anymore. According to some researches, the ratio of poor people has increased significantly in the suburban areas. Approximately 3 million people are starving in the suburbs as compared to the people living in the cities. Such conditions have become challenging for the residents of that area and also for the policymakers. For this, various governmental and human service organizations have to look into this matter to identify the root causes. 

Factors driving the Poverty

As we discussed earlier, the geographical location of poverty has shifted to suburban areas. Several factors are considerably contributing to poverty like low-wage jobs, aging, or job loss due to recessions and racism. 

Increased Population and Housing Cost

The diverse and increased population in the suburbs areas is one of the main reasons. Most of the immigrants have moved there, doubling the population. While the housing costs in urban areas are rising due to the reinvestments, that is forcing the people to look for an affordable place to live in like suburban areas, where the houses are not expensive that much. But again it is increasing the number of people in these areas.  

Economic Recessions

However, the downturn in the economy has hit harder the people of the suburbs than the urban. Increasing suburban poverty due to which a numerous amount of people living in that area are unemployed and barely able to meet their needs. However, the households where the people are not unemployed, but their income is less than the threshold, come under the definition of poverty.

Low Stipend

Low-wages work, one cannot ignore this factor as it is also intensifying poverty. Most of such low-income jobs belong to these areas like sales, cleaning, food services, and so on. Around 60%of the residents of this area, perform the before-mentioned jobs and are somehow trying to earn their bread and butter.

Ways to reduce poverty

Several programs led by the government and non-profit organizations are there to eliminate poverty from the world. But that is not enough; unemployment is the first and foremost issue that we need to resolve. Additionally, policymakers should set the wages of people in a manner that should be enough to support their families and satisfy their needs.

Increase Employment Rate

No doubt, a good and handsome salary can resolve so many financial issues. But if the opportunity of a job is not there, then how will a person earn his bread. Therefore, we need to increase the job options for low-class communities.

Though the government is doing a tremendous job, they need to provide more job opportunities. By investing in general sectors like schools, health, and childcare, this will not only benefit the public but will also provide jobs for the jobless. Also, investing in the fixation of old bridges and buildings will open many doors of employment for poor people.

Increase the Pay of Workers

Various studies have shown that the wages of several workers are not even up to their living standards. Such minimum salaries do not meet their essential living needs. Hence, now is the time to work on it. We should focus on taking the minimum wages to meet the standard requirements of life. If the authorities and unions start hauling pressure, then they can resolve this problem and reduce poverty.

Strength Existing Programs

Yes, you have heard right, such kinds of programs are especially useful and beneficial for poor people. The income of the poor can increase by the earned income tax credit program, while food stamps and cash assistance can also control the hunger of the kids of the poor community.

Organize a Group or Community to aid the Needy

It is an excellent way by which a common man can fight poverty. Instead of working all alone, make an organization or welfare that will strengthen and empower them. Find and build opportunities for them to bring a positive change in their world.

Stop Mass Imprisonment

A lot of people from different races, in the states, are not allowed to work because of their minor criminal records. That has taken away the chances of earning from people, and they are suffering because of it. It is evident that at many places, owners do not hire such people. Therefore, one should concentrate on this matter and end this incarceration.

Handle Segregation and Racism

There is no doubt that racism is increasing widely, particularly affecting the specific people and their community. Because of this, they are unable to get even the essential resources, and nobody wants to give them any job. So, it is the right time to stop the separation and racism in society to overcome poverty-related issues.

Conclusion

It is an understatement to say that nothing in this world is impossible. If you are willing and determined, then you can achieve any milestone. The economic mess has affected every country severely. Therefore, it is crucial to take serious steps that can reduce poverty. By increasing the employment rates and wages of the workers, we can restrain this issue, whereas the poverty control programs are also very serviceable in this mission.

Impact of Social Media on Young Generation

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Social media became necessity in today’s world. Nobody can survive without using it. For young generation, it becomes addiction. They spend their major part of the day on social sites. We cannot neglect impact of social media on our youth in terms of etiquettes and morality.

Impacts regarding education, behavior, and moral values of society are prevailing like a bat out of hell. Young peoples keep themselves indulge in irrelevant sites of social media without thinking effects it leaves on them. So far impacts can be either positive or negative.

Positive Impacts of Social Media

Behavioral Impact

Social media keeps us connected to relatives, family, and friends when they are far away from us. Social media keeps us updated with current affairs and all those things happen across the globe.

It is an ideal place for the young generation to express themselves as social media gives freedom of speech. People feel free to share their feelings, thoughts, and ideas. Social media also the best place to improve social skills by interacting with new people as youngsters like to make new friends. The young generation also consider social media a fun place while interacts with peers.

Source of Educational Help

Social media enables students to keep connected with teachers. Social media also connects parents to the institutions and it can create trustworthy bond between parents and teachers so parents can be easily reported about children’s progress.

Social media is a source of getting knowledge about every topic. Detailed descriptions, as well as videos, are available and students can take help from useful websites in their academic problems.

In this era, where we have twenty-four hours of internet availability, Social media can do significant effects on student’s education. It reduces the need for extra tuitions.

Conference audio\ video calls are worthwhile to take help in assignments, group discussions, and in the combined study. Students can achieve good grades with the effective use of social media. Students can do online certificate and diploma courses. Students can apply online admission for higher studies & can get information about admission policies around the globe.

Job Opportunities

Social media is one of the best places to get business opportunities. It is an out-and-out way to market your product and catch up with customers. On the other hand, social media can help employers to pick employees according to the organization’s demand.

Twitter, Facebook, LinkedIn and Insta gram create 87% jobs for its users. Recruiters find hundreds of employers through different platforms of Social media.

Moreover, social media is not only beneficial for the business point of view but also creates thousands of job opportunities. Homemaker ladies can take benefits by running online businesses because social media get them to earn without leaving the house.

Negative Impacts of Social Media

Behavioral Impact

People of today’s generation make Social media priority. By spending precious time on useless Social sites makes people lazy. This excessive use of Social media creates unenviable distance in the family. Parents allow young children to use any social site, which creates terrible effects on their pre-mature minds and it destroys their personalities before it develops. Developed countries are complaining of a broken family structure.

Another negative impact is that the young generation gives importance to online games over sports and physical fitness, this behavioral change affects their health. It is also responsible for short term memory loss in the young generation.

One dangerous impact is that Social media portrays a virtual side of a person, being young, one can easily get influenced by those personalities who do not exist physically, social media user compares himself \herself with virtual personalities, this act is responsible to create complex in one’s mind sometimes a person does suicidal attempt.

Lacking Privacy

Young generation is unaware about privacy and youngsters mostly don’t take privacy policy of Social sites seriously. They often share their personal information to any social platform without realizing that this information can be noticed publically.

It can have dangerous circumstances in the future. Sometimes personal information is read by insurance companies, advertisers, and other agencies. Criminals can take advantage of the information that the user shares on social media.

Cyber bullying

Cyberbullying is internationally accepted as a crime but the young generation gets into false propaganda by exposing themselves to the public forum.

80% of users of Social sites are youngsters; they are easily trapped and bullied by mischievous minds. Criminal mind people misuse the information shared by random user and user gets into trauma.

Young people feel shame to share with parents about the trauma they are going through after they were being bullied. Parents should teach their children that cyberbullying also comes in criminal activity.

Solution

As it is affecting everyone and everyone is linked with young generation. There are few duties that must be performed to get the issues resolved.

Parent’s duty: Parents should allow children to use social sites in front of them. Keep friendly relations with them so they may share everything with you.

Teacher’s duty: Teachers should guide students to use social media in a positive way and take benefit in academics. It won’t take more time. Teachers can highlight these issues during their traditional lectures or in general discussions

One’s self: One should obtain the ability to distinguish between the right side and the wrong side of social media. Always share your problems with parents, teachers, friends, and well-wishers.

Governmental Duties: The government should form relevant provisions which make sure the authenticity of network information.

Why Management Sciences are better than Commerce

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A lot of students these days are opting for management sciences as a career, that’s because it’s becoming a very broad field with various job opportunities. By studying management, you’re able to help individuals, groups, institutions, and companies to achieve their full potentials. If you think you’re a good leader or aspire to become one, this field might just be your best fit.

When I say a broad field I mean broad-broad because there are hundreds of different fields affiliated with this one. In addition, there are also a number of fields that still haven’t set up this management part yet, but they may in the early future. That being said, let’s move to the question of what are management sciences? And why is it now considered to be a better career option than commerce?

Question # 1

What are Management Sciences?

The simplest answer could be that it is the art of management and the art of solving problems. Management science can also be defined as management work involving science. A person having a Management Science degree is mastered in the ability to provide an organization to grow its business in the most efficient way possible within the resources available.

These people are taught how to deal with any problems with discipline and how to provide the organization with alternate and effective policies that help them achieve their goals.

Question # 2

Why Management Science is considered a better career option than Commerce?

Commerce is a great field, usually opted by aspiring entrepreneurs, but the job options it provides; still remain within the commerce circle. While in the Management Sciences, the job options are spread evenly in the medical field. E.g. hospital management; where you provide your skills as a patient care manager or a hospital administrator, who manages an entire group of doctors and physicians of a hospital.

The link between Management Science and Commerce

  • Although these two fields are pretty much different from each other, in a certain way they’re also considered to be interdependent on each other. Like, commerce is the field related to the buying and selling of products or services for the predetermined cause; that’s revenue (profit). Where Management science deals with the planning and organizing those transactions with high management skills.
  • While commerce explains the theoretical characteristics of a business, Management Sciences provides the practical aspects of it.
  • Application of Management science in businesses can multiply the companies turnover to a high extent.

Course outline of Management Science

For a career in management science, what you need at least is a bachelor’s degree. The course outline is pretty simple and some of the subjects of management science are those of commerce.

  1. Communication skills
  2. Business communication
  3. Fundamentals of management
  4. Business mathematics
  5. Business ethics
  6. Ethical dimensions of engineering profession
  7. Principles of marketing
  8. Technology management
  9. Planning and control system
  10. Project management
  11. Maintenance management
  12. Industrial safety

Top 3 Reasons why Management Sciences is better than Commerce

Affiliated Fields

After completing the Management Science degree, a person gets mastered in many professional skills that help him/her find various managing jobs. These jobs aren’t necessarily bound to any one field, but to many. Progress in this field is really fast and usually takes 5-8 years to become a manager if you start off as an intern. List of affiliated fields:

  • Marketing
  • Public administration
  • Hospital management
  • School management
  • Aviation management
  • Disaster management
  • Research assistant
  • Supervisor and team leader
  • Data analyst
  • Actuarial analyst and much more.

Skills of a Professional Manager

Good management skills are very important for any organization to succeed. The basic skills are:

  1. Communication skills: Good communication skills are crucial for a manager. This quality will ensure how well a manager can deal with his employees and how they work as a unified force.
  2. Decision–making: A manager makes almost every decision. The success of the company depends on making the right decision at the right time.
  3. Taking responsibility: When a manager makes a certain decision, he takes responsibilities for every consequence it may cause.
  4. Time management: If a manager isn’t punctual or delays important work, which isn’t in any way professional, the employees might think its okay to delay work; which is bad for the business.  
  5. Planning: The advance planning of important tasks and achievable goals can make a big difference in a companies’ turnover. The next step after planning the objectives is to set tasks to achieve them with the resources available.

Importance of Management Science

Every field has its own importance and your best fit in the one you’ve your interest in. The beauty of this field lies in the infinite and vast boundary of the job option it provides. The fact that this field is growing fast, many students are opting for it and the more people are getting to know it, the faster it’s growing.