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Praise across cultures for making small changes towards beating debt.

photos by austinkleon, royblumental, eric731 and globetoppers.

photo by lemonjenny and peacefulife

Nonprofits and Individuals are going through a level of physical and emotional depression over three major costs.  Foundations hold trillions and can jump start and create permanent solutions in the three areas.  Should it be a right to receive affordable medical treatment, should it be a right to have access to affordable energy, and should it be a right to have access to affordable education?  Is yes,  whom is responsible to provide that right and how?

1. Health Care
2. Energy
3. Education

Ask foundations to focus on these three areas for your organization.  These focuses will reduce huge burdens to your organization, its employees, long term finances and set examples for others to follows.  Running the organization on debt is not long term stability.

The reduction of uncontrollable costs requires initiatives that create cost containment and bring costs controls back into the hands of business as their choices.  These initiatives will not only help nonprofits but every business and every community.

For individuals going into debt to be able to work seems to be a flaw in the economic structure of the United States. The creation of a diverse workforce in areas where there is not sufficient trained individuals requires sustainability flexible commitment towards education and training.

photo by esthr

Nonprofits can seize the day and take a lead towards economic recovery.  What can you do today to reduce costs and decrease the use of debt?

• Bulk Buying saves 10-20%
• Bid out services more than five years old such as Audit services should result in a 15%-25% savings.
• Coupon use saves 20%, add in their use during specials and save 40%.
• Run payrolls twice a month
• Send out billings twice a month
• Reduce the use of lines of credit

Whether it’s a new bed-and-breakfast venture, travel to far-off lands or devoting your energy to a charitable organization, retirement is one of the best times for you to pursue your true passion.

But how do you identify your passion?

Read more from Kiplinger’s…click here for link.

This article comes to you from The Online 401(k), a provider of 401(k)s for small businesses. For more information or a free consultation on your 401(k) plan, contact John Wasiejko at jwasiejko@theonline401k.com or call us at 415.477.8800 xt 828.

Photos by royblumental and iandarid

The reality of obtaining a higher education usually means finding money to pay for it.  The two options usually are: getting a loan or committing to work for a company that will reimburse for the classes or cover the loans for each year you work for the entity.  The Perkins Federal loan under certain circumstances will be forgiven for each year your employed performing certain duties.  I can vouch for this one because I got the last year of my loan forgiven.  I only wish I had known before hand.  I could have gotten five years forgiven for a savings of $10,000.

What a great incentive to work in the nonprofit field.

The benefits of not using private sector funding for higher education loans provides opportunity towards creating much more value to the community, the individual, and workforce.  Private loans do not get forgiven not matter how worthy your job is considered.   The creating of jobs in fields needed most is more successful with loan forgiveness.   Check out this link to find out what options you can use to get certain loans canceled.  

Many college and universities are already servicing the Federal loans.   Increasing the amount of dollars available to individuals for higher education will loan forgiveness will increase the likelihood of success in recruiting in the fields needed.

Educate government officials of the benefit of government and nonprofits working directly together to expand their involvement of higher education loans for the achievement of the workforce needs.

Nonprofits can offer to pay college loans as part of their recruitment.  Being proud of what you do for work should not be a thing of dreams.

photos by ginnybrady and calaggie

When have you ever heard about a Credit Union being fraudulent or manipulative in its financial dealings?  When have you ever heard that a Credit Union served the interest of investors first then the people they served?  The answer is probably never.

There are several reasons that Credit Unions as banking institutions have been successful in this manner.

Credit Unions are nonprofits

Credit Unions were created with a core mission to meet the needs of people and/or entities that meet a specified criteria.  A core mission to serve a targeted group.

Credit Unions only have its members benefiting from sound financial practices as a banking institutions.  It is not beholden to any stock holder, hedge fund or any type of investor.

If you want to feel safer with your money try your local Credit Union.  Education yourself and your local officials about the positive sound business practices of credit unions.

Photos by markwilson and torley

It’s time to think and reflect upon the impact of over 1.7 million nonprofits thorough out the United States, as well as those nonprofits created each month. There is a call by some that there are too many nonprofits chasing a finite pool of money.

Each day for profit businesses are created and there is no compliant of too many going after a finite pool of money, especially during this crisis of the “Credit Crunch”.

Just like for profit businesses that succeed or fail, nonprofits will find succeed or fail.  The value of being able to tap resources has more to do about the ability to reach the right individuals to make those decisions to provide the right funding mix than chasing a specific pool of money.

The communication to elected officials and regulators about the positive impact of nonprofits as businesses to a community provides a the true view and brings the worth of nonprofits businesses to the fore forth.

Conveying the taxes paid, yes taxes paid (payroll, social security, unemployment, Workman’s compensation, fuel, telecommunication and others) numbers employed, numbers served, monies spent in the community are just a few of variables to publisize.

Conveying the efficiency and effectiveness for delivering outcomes provides a business model to government of how nonprofits can create a greater impact than many for profits.

Conveying the nonprofit business model which delivers as much as possible with monies earned, obtained or acquired without distribution to investors keeps monies focused on the mission and vision.

To be the most successful the nonprofit business model needs to include being an active participant in the political process and that starts with communicating your impact.