Budgeting

BUDGETING, an e-book published, copyright and written by Noel Bradshaw.

Subtitled “How to take control of your money, reduce debt and start living” the book then presents a legal notice declaring copyright, a disclaimer notice declaring innocence of any expressed or implied warranties and non-responsibility for any losses incurred from reading the document. There follows a Table Of Contents, an Introduction, 6 pertinent chapters and a conclusion. The introduction acknowledges the complexity and extensive range provided by the subject but indicates that the basics are the subject of this book. Chapter One then explains that a person must begin “to first get a big picture what it (the budget) is part of, which is personal finance management.” It continues by discussing “needs”, “current position” and “future needs”, explains “cash flow” and elements affecting it and introduces “Budgeting”. Chapter Two explains differences between “good” and “bad” debts and “Budgeting and Debts”. Chapter Three details the importance of having a plan and the importance of “mindset”. Four concentrates on minimizing expenses, expands on the importance of mind set, stresses the need to set goals and stick to them, discusses the difference between needs and wants and suggests alternative means of saving/gaining extra monies. Chapter five is about “Investing in Your Future” specifying simple formulas for saving for the future and risk factors to be considered. Chapter Six considers the subject of “Bad Debts”, the need to address them, how best to handle them and considerations for gaining additional income. The Conclusion offers hope that the author’s suggestions will be helpful to the reader. Two Annexes are provided – A: “Sample Contingent Savings Approach Budget”; B: “Sample Prioritized Savings Approach Budget”.

Discussion/Conclusion: The author, as indicated, has attempted to provide the basics of ‘Budgeting’ in a quite simplistic manner directed toward the neophyte and/or the individual who is prone to ‘let things slide’ and/or the one who may be inclined toward being overly influenced by action of peers.

4* Simply presented discussion probably helpful for targeted audience.

Acquired, What Now?

AQUIRED, NOW WHAT? ISBN: 9780692143384 Vigilant Press, an e-book Copyright and written by Keno Vigil.

Following the title, the author admonishes the reader to “Embrace the flux and uncertainty of M&A and become a savvy and bulletproof business professional. Your Journey Awaits.” The book then provides 30 chapters detailing a mass of material required for dealing with and successfully surviving a merger or acquisition of the company of which one is an employee. The first three chapters detail the need for such material because of the huge number of these transactions which occur yearly. Involved not only are small ‘start-ups’, but medium and large companies as well, each of which may be involved in friendly or unfriendly negotiations and may be of equal or unequal size. The next 6 chapters explain much about the circumstances and the learning process the author personally had endured when he had been involved in 6 such situations. The rest of the chapters present myriad suggestions of the many steps one can take before the event occurs, during the transition and beyond the immediate transition period. The almost countless differences that may exist between one’s former employer and the new one also are examined and certain chapters deal especially with such specifics as: “The Acid Test: Will You Survive or Not?; Pillow Talk that discusses discussion with family/partners; The New Culture that describes the often almost completely incomprehensible new usage/meanings of words/abbreviations; Does Your Boss Have Your Back; Taking Care of Your Group; and more.

Discussion: the author appears to have provided a treasure trove of thoroughly up-to-date suggestions for any individual facing a situation in which he/she is, or is about to be, involved in a M&A. Most prevalent throughout is emphasis on the vital need for adaptability, ability to regulate your emptions, and to employ your intelligence, integration and innovative abilities to their fullest. Proper interpretation of nuances also may be vital. Most helpfully included are a list of 10 factors that provide an “Acquisition Fitness Score” and 6 “Integration Strategies. Included at the end of the book are: Appendix A: Provides Further detail on “The Survival Fitness Analysis Worksheet and Score”; Appendix B: Key M&A Terms. There also are 20 specific References, another list of short references; and finally more short details “About the Author”.

5* Seemingly a must read for anyone subject to changes effected by M&A.