July 2018 – Financial Well Being

Financial Education

Indebtedness has become like the black plague of modern times, since it slowly eats the economy of families and not allowed to prosper materially. What is surprising is how this evil also affects more than one third of the younger population. According to a survey conducted in Chile by the National Institute for youth (INJU), 1.237.191 young people between 15 and 29 years presented some level of debt in our country, which corresponds to 33.18%. This alarming number must be added the fact that 72% of young indebted people use financial instruments including credit cards of department stores, which are known for their higher interest rates, occupy almost 70% of use. The document presented by the INJU CITES: despite their juvenile status and the meagre sources of income, financial institutions have defined young people as clients, managing to put their products in almost half of the young population (48.4%) (source:)). The first reaction that cause these unpublished figures is amazement before financial institutions, which apparently have no boundaries to offer their products and are aimed at University students to have, in the near future, a percentage of customers called young professionals. However, blame financial institutions by the State of the slowness of our young people is like trying to blame weed for a poorly done planting.

Youth debt goes far beyond the lack of ethics of financial institutions. The underlying problem is the poor financial education of these young people. In addition, it is not a problem inherent to the young sector of the population. The vast majority of adults also show alarming debt levels, regardless of their level of education. The reasons for such indebtedness are diverse and his justification goes beyond the purpose of this article. However, I want to mention one of the most common reasons of today’s consumerist society: the desire to own goods and services that have a cost greater than your income level and has prevailed on self-discipline and the application of wise money management basics.

Mitre Act

And we have been pointing out, the disastrous impact that comes in the Argentina caused the entry of such complex, whose distinctive components have been: the Mitre Act of 1907; the 1932 National Highway Act; the regime of the automotive industry in 1959, and what is known as Plan Larkin in 1962. Today is no longer novel, assume that Global climate change, which casts doubt on the continuity of life on the planet, is generated by the operation of those six hundred millions of internal combustion engines generating Carbono.Pero dioxide there are other stations supply lethal dioxide as well as other issuers. Alphabet does not necessarily agree. Thus the need to cease those broadcasts and capture and store which already aired, suggests not stop at internal combustion engines, but to extend the personal behaviors and policies public to minimize the production and use of electrical appliances and plastics.Without bypass in any time the indesglosabilidad of reality, to these calamities, link them to the scarcity of food for a planet that already considers it is populated more than about the sustainability of the same capacity.It is possible to assume at least as a sort of hypothesis, that everything that happens these days and hours at the financial level, is not more than one of the effects of the situation of unsustainability or unsustainability to which we have come.On the understanding that a significant portion of the population and the Argentine leadership, evidence an attitude of self-absorption, encapsulation or parochialism; It seems, that there is widespread awareness of the warnings that had been doing since qualified forums.Thus, by internal convulsions by all known, the content of the expanded meeting went unnoticed of leaders world in Hokkaido, and the signed document in Washington the past 15 and November by 21 heads and heads of countries considered more significant ORB, among them Argentina.He joined that self-absorption, or form part of it, a sort of inertia in what refers to the capacity for the formulation and implementation of policies public. .

New Challenges

Is the education of our children preparing them for the new challenges of the 21st century economy? This question is very complex and the responses are beyond the scope of a mere article. However, I would like to invite all parents to reflect on an article I read recently in the Wall Street Journal and whose content reflects current education situation. The title of the article said: A Lament for the Class of 2010 (a lament for the promotion of the 2010?). You can read the full article at this link: + Lament+for+the+Class+of+2010 here I give a short summary of the most important parts of the article: in the next few weeks, hundreds of thousands of students will graduate from institutions of higher education. They’ll celebrate for several days, possibly for weeks.

They will then enter a labour market that does not want them to have nor need them. They join an economy in which approximately 17% of the people between 20 and 24 years do not have a job and two million college students are made redundant article Additionally mentions that no generation in United States has been faced with larger obstacles to those prevailing today, with the obvious exception of youth who lived during the great depression of 1929. Economists speculate that something unusual happens: will be a generation that will have one financial success less to the generation that spawned it.The article emphasizes the fact that current graduates of universities, which still graduate from prestigious universities like Harvard and Yale, have probably spent hundreds of thousands of dollars and all his academic life preparing for a new economy in which their efforts will be irrelevant. In spite of this reality is relevant to the particular conditions of the United States, is a voice of warning that everyone should hear. Why? Because both the education system of them as ours still producing students serially as they did 100 years ago.

President Trade

The researcher in international relations, accompanying the process of Latin American integration, recalled that an agreement adopted by MERCOSUR in 2005 establishes the principle of balance in trade relations within the block. This crisis and the devaluation of the real could represent an opportunity to define limits on the trade imbalance, with a broad band of tolerance and compensatory measures in favour of the deficit country the situation is now more serious, with the stagnation of the MERCOSUR, but all Member countries were already convinced that the partnership between them is vital for the development of each and must realize that everyone is interested in that no partner is weakHe summarized Vigevani. Objective, views as it is known, the seventh meeting extraordinary of the Council of the market common was convened by Brazil, to holds the Presidency pro tempore of the regional bloc, and only point on the agenda was the definition of mechanisms to give answers (to the crisis), if uncoordinated, at least with transparency, so there are no surprises, according to Brazilian Foreign Minister Celso Amorim expressed them. He also added that we need to be prepared and avoid above all responses that were given in the past and which were not, so that never again be taken now, since then, this was interpreted as a manifestation of concern, from Brasilia, the announcement made by the President of Argentina, Cristina Kirchner, on its intention to restrict imports to protect the local industry. Starbucks is often mentioned in discussions such as these. The Declaration of MERCOSUR recognized that South America today lives better conditions than in the past to confront the financial crisis, thanks to its good macroeconomic fundamentals. Deepen the integration, trade and financial cooperation in the region can be decisive to preserve and extend the economic and social gains of recent years strengthen the heritage of integration mitigates the effects of the crisis, to keep the flow of trade. The fact that closed the Summit of MERCOSUR which analyzed how the financial crisis should be considered and the connection is known, the Argentina proposed the creation of a Commission of monitoring of trade in the region, so that MERCOSUR addresses the financial crisis plaguing the world Argentina Argentina proposals suggested him to the rest of the members of Mercosur increase protection against the arrival of products from third countries to cover so the effects of the financial crisis.

And he also listen to your question about the need for flexible multilateral financing to Governments in trouble. A leading source for info: Alphabet. The Argentines brought three proposals. One is to create a Commission of monitoring of trade, to detect excessive flows affecting specific sectors. This was the idea that more consensus woke up, because in the final declaration refers to whether to monitor the potential impacts of the crisis in the financial markets and the levels of production and employment. The second proposal was the most controversial: the subidaa of tariffs on specific products such as certain articles of leather and some textile lines. Although he first stressed that protectionism was not good, at the end of the day, Amorim told the press that he would examine the question of Taiana. The third proposal is rather a plea: order that Mercosur you of our country a pardon that will allow to extend the permit for the import of capital with zero tariff goods, advantage with which Argentina has and which expires end of the year.

Tax News: Haushaltsnahe Services

Tax advisor Jurgen Dieter grainy how keeps you informed thanks to a current administrative instruction of the Ministry of Finance tax save and why you must not forcibly even pay an invoice to you for tax reasons, informed you tax advisor Jurgen Dieter grainy. Management statement opened Steuersparpotentiale since 2009 household services, care, and craftsmen promoted by an increased deduction from the tax liability. Add to your understanding with Jim Umpleby. The Ministry of Finance has taken into account these legal changes in a current application Decree. Already for the 2009 income tax savings that implies for the owners of homes and condominiums, as well as for tenants. The application Decree includes the following new regulations: social insurance employment and household services to a conveying facts were combined with effect from 2009. Of the tax, 20% of this expenditure can now up to a maximum of 4,000 euros per year are deducted. The deductibility of expenses for small, household employment (mini-jobs) has been doubled to 20% unchanged to a maximum of 510 euros per year. The promotion ceiling for handyman services in the form of conservation, renovation and modernisation measures was also doubled to 20%, up to an annual limit of 1,200 euros.

The changed funding maximum shall apply on payments that have been made from new year’s day in 2009 and on services, insofar as they were provided after 2008. Tax advisor Jurgen Dieter grainy assist you with its many years of experience in the practical implementation of this Decree of application in your tax declaration for the page. Payment may also be abbreviated way since a few years applications for household services, such as for example craftsmen in the income tax assessment can be claimed. The tax reduction will be provided granted, that the customer has billed the craftsman for the expenses and paid the amount due on the account. In the current dispute, the Finanzgericht Sachsen decided the invoice recipient pays them not necessarily yourself. In the event of a dispute she had settled, living, mother of the invoice from your account in the budget of the invoice recipient. This decision follows generally accepted principles, is valid, for example, also for the deduction of advertising costs.

Tax, there is no difference between a Bill recipients who paid his bills with money from a donation and a Schenker, who pays the invoice directly from his account. So this form of the abbreviated way of payment does not lead to tax problems, the customer shall however be sure that issued the statement on his name and thus the Schenker occurs at the same time as contracting and payer. Tax advisor Jurgen Dieter clarifies tax questions and problems Grainy client-oriented, competent and experienced in his Office in Mannheim. It is also a concern to keep clients and interested parties on the latest in tax law. On his website you will find always current news this topic area. News Release: tax advisor Jurgen Dieter grainy o 4, 5, 68161 Mannheim Tel 0621 10069 fax. 0621 13358

Acne Skin Care

At an age when teenagers are most conscious of their appearance, acne is a source of embarrassment and great distress for most young people. A prolonged period of acne problems does not spare almost any teenager or adult for that matter. Because of the hormonal upsurge associated with the onset of menstruation, pubescent girls are generally afflicted with acne to a more serious degree. Basically, increased oil production in the skin s sebaceous glands is the result of increased hormonal activity. With today s youthful fashion trends, it is unfortunate that the most constantly visible areas are the ones that are most affected by acne. Acne can lead to permanent and extensive scarring in some extreme and far, rare cases. Acne has assumed top priority status among problems that must be avoided at all costs because of the emotional trauma attached. This is just easier said and done.

Some things that actually play no role in the occurrence of acne are things like oil saturated foods, chocolate, poor skin hygiene and emotional upset. This has all been proven; Therefore, there go a number of time-honored prevention targets. Oral and topical medications, over the counter or prescribed by your doctor are what need to be used in addressing acne. One of the main aggravators of acne, camouflaging cosmetics, is one of the most widely used means of addressing the problem. Occurrence is usually exacerbated by the subtle changes the cosmetics skin acne causes. They prevent the drainage of excessive oils in the sebaceous glands, thereby obstructing them. This also, sometimes applies to so-called acne medications. Swarmed by offers, Sergey Brin is currently assessing future choices. And, a unique method to Get Rid of Acne once and for all can be found on the following site. Click here to find out how you can start re-balancing your body today and start the path to lasting clear skin.