Why Resources Aren’t As Bad As You Think

NGO: Knowing the Key Roles of Non-governmental Organization in the Society A non-governmental organization or NGO is an independent and non-profit organization, which aims to provide wide range of social activities, and is usually funded by donations and run by volunteers. Non-government organizations are also referred to as community agencies or non-profits, providing variety of … Continue reading “Why Resources Aren’t As Bad As You Think”

NGO: Knowing the Key Roles of Non-governmental Organization in the Society A non-governmental organization or NGO is an independent and non-profit organization, which aims to provide wide range of social activities, and is usually funded by donations and run by volunteers. Non-government organizations are also referred to as community agencies or non-profits, providing variety of services and activities in the community and at different stages of the justice system. Non-government organizations are lead by volunteer board of directors working with volunteers, for delivery of various programs such as social responsibility and social awareness, environmental protection, healthcare campaigns, elimination of hunger and poverty, women empowerment and children protection, and equality. Some non-government organizations are engaged in educating the public about social policy issues which relate to developing safe and empowered communities. Some non-government organizations work directly with the criminal justice system such as offenders, victims, and witnesses, and the activities and services may include counseling and information dissemination of victims, assistance in obtaining pardons, victim-offender mediation programs, or supervision of the release of offenders. Some community agencies are involved in providing support and services to children, parents, spouses and extended families involved in divorce or family law courts. The volunteers and leaders of non-government organizations come from various sectors of the society, mostly are private individuals, groups and companies which include students, social workers, educators, entrepreneurs, healthcare professionals, women and child welfare workers, athletes, lawyers, environment enthusiasts, and celebrities. When it comes to the type of non-government organizations, they are categorized as charitable orientation, service orientation, participatory orientation and empowering orientation. Charitable orientation includes activities and programs that are directed to meeting the needs of poor people, and these are funded by donations without too much participation from the beneficiaries. The activities and programs of service orientation include family planning, provision of healthcare services, legal services, and education services, wherein people are expected to participate in the implementation in order to receive these services. In participatory orientation, the programs are characterized by self-help projects wherein the locals are directly involved in the implementation of the project by contributing materials, tools, land, labor, cash, etc. Empowering orientation primary objective is to help poor people in developing a clear understanding of the economic, political and social factors affecting their lives, strengthening their awareness and developing their talents and skills to be able to gain full control of their lives.
The Key Elements of Great Businesses
Non-government organizations are also categorized depending on the level of operation such as community-based organizations, city-wide organizations, national non-government organizations, and international non-government organizations. Community-based organizations arise out of people’s initiatives, raising the consciousness of the urban poor and helping them in understanding their rights to access needed services and provision of those services. City-wide organizations include coalitions of business, chambers of industry and commerce, educational or ethnic groups, and associations of different community organizations. Please view our website for more information about non-government organizations.The Key Elements of Great Businesses

What Is an Investment?

One of the reasons many people fail, even very woefully, in the game of investing is that they play it without understanding the rules that regulate it. It is an obvious truth that you cannot win a game if you violate its rules. However, you must know the rules before you will be able to avoid violating them. Another reason people fail in investing is that they play the game without understanding what it is all about. This is why it is important to unmask the meaning of the term, ‘investment’. What is an investment? An investment is an income-generating valuable. It is very important that you take note of every word in the definition because they are important in understanding the real meaning of investment.

From the definition above, there are two key features of an investment. Every possession, belonging or property (of yours) must satisfy both conditions before it can qualify to become (or be called) an investment. Otherwise, it will be something other than an investment. The first feature of an investment is that it is a valuable – something that is very useful or important. Hence, any possession, belonging or property (of yours) that has no value is not, and cannot be, an investment. By the standard of this definition, a worthless, useless or insignificant possession, belonging or property is not an investment. Every investment has value that can be quantified monetarily. In other words, every investment has a monetary worth.

The second feature of an investment is that, in addition to being a valuable, it must be income-generating. This means that it must be able to make money for the owner, or at least, help the owner in the money-making process. Every investment has wealth-creating capacity, obligation, responsibility and function. This is an inalienable feature of an investment. Any possession, belonging or property that cannot generate income for the owner, or at least help the owner in generating income, is not, and cannot be, an investment, irrespective of how valuable or precious it may be. In addition, any belonging that cannot play any of these financial roles is not an investment, irrespective of how expensive or costly it may be.

There is another feature of an investment that is very closely related to the second feature described above which you should be very mindful of. This will also help you realise if a valuable is an investment or not. An investment that does not generate money in the strict sense, or help in generating income, saves money. Such an investment saves the owner from some expenses he would have been making in its absence, though it may lack the capacity to attract some money to the pocket of the investor. By so doing, the investment generates money for the owner, though not in the strict sense. In other words, the investment still performs a wealth-creating function for the owner/investor.

As a rule, every valuable, in addition to being something that is very useful and important, must have the capacity to generate income for the owner, or save money for him, before it can qualify to be called an investment. It is very important to emphasize the second feature of an investment (i.e. an investment as being income-generating). The reason for this claim is that most people consider only the first feature in their judgments on what constitutes an investment. They understand an investment simply as a valuable, even if the valuable is income-devouring. Such a misconception usually has serious long-term financial consequences. Such people often make costly financial mistakes that cost them fortunes in life.

Perhaps, one of the causes of this misconception is that it is acceptable in the academic world. In financial studies in conventional educational institutions and academic publications, investments – otherwise called assets – refer to valuables or properties. This is why business organisations regard all their valuables and properties as their assets, even if they do not generate any income for them. This notion of investment is unacceptable among financially literate people because it is not only incorrect, but also misleading and deceptive. This is why some organisations ignorantly consider their liabilities as their assets. This is also why some people also consider their liabilities as their assets/investments.

It is a pity that many people, especially financially ignorant people, consider valuables that consume their incomes, but do not generate any income for them, as investments. Such people record their income-consuming valuables on the list of their investments. People who do so are financial illiterates. This is why they have no future in their finances. What financially literate people describe as income-consuming valuables are considered as investments by financial illiterates. This shows a difference in perception, reasoning and mindset between financially literate people and financially illiterate and ignorant people. This is why financially literate people have future in their finances while financial illiterates do not.

From the definition above, the first thing you should consider in investing is, “How valuable is what you want to acquire with your money as an investment?” The higher the value, all things being equal, the better the investment (though the higher the cost of the acquisition will likely be). The second factor is, “How much can it generate for you?” If it is a valuable but non income-generating, then it is not (and cannot be) an investment, needless to say that it cannot be income-generating if it is not a valuable. Hence, if you cannot answer both questions in the affirmative, then what you are doing cannot be investing and what you are acquiring cannot be an investment. At best, you may be acquiring a liability

What Are Safe Investments?

If you are considering investing money and are not sure which is the safest place, it is best to get some professional advice. The last thing that you want is to risk losing all your hard earned money due to a poor recommendation given over a drink in a bar. So, what are safe investments?

If you need to know what are safe investments as opposed to high risk investments, there are many qualified consultants who will be able to give you some sound advice. Many safe investments are Government backed and will guarantee you a predetermined interest rate and return on your money. Even then, you are faced with a choice of which to opt for. You will probably hear the words Treasury Bond, Note and Bill being used in conjunction with Government backed investments. These are three types of low interest investment which have Federal Government backing and are as secure as you will get.

You will possibly wish to consider questions such as ‘What are safe investments going to realize when it comes time to withdraw my capital? One point that you must understand is that it is rare to get something for nothing. This is true in the financial world probably more than anywhere else! To have the security that you want you will no doubt find that you have to make sacrifices when it comes to the interest rate. Investment schemes such as Treasury Bonds, Bills and Notes do not carry a high return.

If you wish to opt for a higher rate of interest you will have to forego some of the assurance that you get from such a stable and secure option and put your money into a more risky market. This could include investing in the stocks and shares market yourself. If you have a considerable sum of money available you would be advised to use a specialist consultant for this. They have knowledge of the current situations and will be able to invest for you. Obviously this will not be a free service. They will know what are safe investments at any given time and are on the same side as you when it comes to wanting to increase your capital… they will probably be working on a commission basis!

Even though such a consultant may have knowledge of what are safe investments on the open market, you cannot expect these to be as reliable as Government backed schemes. You can, however, look forward to a higher return for your money. It is quite exciting being a part of the world of stocks and shares but always remember the saying “do not put all your eggs in one basket”!

So, what are safe investments? A truly safe scheme is one with the Government backing and guarantee but at the end of the day the choice is yours. Your idea of safe may be slightly different to someone else!