Some companies never recover from a problem, while others openly address the issue at hand and do everything they can to win back customers. Coca-Cola has done it, others have as well.
It’s easy when you’re perennially at the top of the list of MOST REPUTABLE COMPANIES, like Amazon, Coca-Cola, Apple, and Disney tend to find themselves every year — but it’s those struggling at the bottom of the list that really have a rough time at it.
It goes without saying: if you’re not investing in your 401(k) retirement plan at work, you should be.
Everyone knows that if you start saving a little bit of money every paycheck from the time you start your career in your early 20’s, all that compound earnings and interest will lead to millions of dollars upon retirement.
Really – you CAN BE A MILLIONAIRE with just a little bit of effort.
Lots of financial experts will tell you how important it is to have an emergency fund.
Heck, even Web Watch has told you about the plan to have $10,000 in savings before you turn 30. And while $10,000 in the bank today may not mean as much as what it did 10 or 20 years ago, if you’re able to pull this off then you’re still doing better than the vast majority of people you hang around with.
Have you ever wondered how you are doing compared to others in your immediate circle?
Don’t pretend that conversation doesn’t happen between you and your significant other: “do you think they have more credit card debt than we do?” after leaving a dinner party. “How do you think they can afford all that and we can’t?”
Well, we can answer these types of questions now, at least in Australia, where one bank has decided to post a billion credit card transaction records online for you to compare and contrast your own habits against others.
If there’s one piece of advice that Web Watch is always trying to give to our younger acquaintances, it’s that it’s always better in the long run to save as much money as you can for the future. A while back, we recommended to try to have $10000 in the bank by the time you’re 30 years old, and that’s still a good rule of thumb to live by (call it your “emergency fund”, it still represents about 3-to-6 months take home pay for the average young adult that financial experts recommend keeping available for emergency purposes).