The Value of Networking

Networking is now one of the hottest words around. Not only is it popular in business circles, but has also taken root in almost every sector including social clubs and our personal lives as well.

What is networking

Networking is the art of building relationships, which will at some future date connect you with people you may need to get information from. It allows the sharing of experience and the gaining of knowledge among people with similar or related interests.

Networking is more than just meeting face-to-face. Networking can be done over the phone or via the Internet.

Why is Networking Important?

Networking is valuable on many levels. One benefit is that it is a way of widening business connections. The more persons you know within your area of specialization or field, the greater the possibility of obtaining work. This is especially true and important if you are a freelancer.

Networking is also a way of keeping aware of changes in your given environment. Persons who network are normally the first to know of important industry changes. Many persons know about some changes even before they happen.

How to Network

People network in various ways. If you want to start networking seriously you need to do some of the following:

  • Attend professional meetings
  • Join professional groups in your area of interest
  • Go to social events, such as a party thrown by associates
  • Join service organizations such as Toastmasters International and the Kiwanis International

Networking is extremely important to career and personal development. However, for networking to work and provide value, it is important to keep in touch. Building networks happens each time you meet someone, so start building your networks now.

Social Networking in Plain English

Job Security or Insecurity?

For years, job security has long been a thing of the past.

Our parents and grandparents worked at the same job

How secure is your job?

How secure is your job?

for most of their lives.

In the last decade, companies found cheaper labor in foreign countries. Employees in the United States found themselves training replacements from India. Many were promised bonuses and severance packages as long as they worked through the transition.

What a deal.

As if outsourcing wasn’t enough, job security has taken another hit in recent weeks.

The economy of the United States and the world has taken a turn for the worse. What started in the financial sector has spread to the broader economy. Companies that trust in lines of credit to meet payroll and buy supplies are now finding themselves unable to function. Inevitably, people will begin losing jobs.

Now is not the time to stick your head in the sand.

You need to take steps now to protect yourself financially. Being prepared for possible job loss does not mean you have to quit tomorrow. Instead, you want to keep your options open in the event that you need to find a job later on.

If you haven’t done it already, stash away a few months worth of paychecks in a savings account.

Save as much as you can.

Next, update your resume and start networking with your friends. Most jobs go to people who know someone internally.

Finally, being prepared does not mean getting stressed out and worrying.

If things are weighing too heavily on you right now, confide in someone you trust or get professional help. The last thing you need at a time like this is to be hampered by depression.

Don’t just sit there worrying - it’ll keep you busy, but it won’t get anything accomplished.

Instead, jump into action! You’ll feel better, and you might just be amazed by the results.

Investments - Choosing a Financial Planner

Let’s face it, navigating the investment arena can be tricky. We don’t all have the knack for finding the right investments or understanding the markets. It’s
important before investing to make sure you have a firm financial foundation.
One of the best ways to do this is with the help of a financial planner. The
first step in choosing one is to decide whether you actually need one in the
first place.





Personal finances


If your finances are relatively simple, a planner may not be your best bet, at least for right now. Keep in mind that you can still benefit from good advice at
various points along the way. If your financial situation were to change suddenly because, say, you suddenly received a cash ettlement, a financial planner might be helpful in deciding where to put your money.



If you are near retirement age, and have never used a financial planner, now would be a good time to think about one. This is especially important if you plan to start a business or travel. The concept of retirement has changed greatly, and it is certainly not an idle period in life. It actually can mean more financial flexibility, with no dependents and more time on your hands. Remember, it’s never too late to try to create a financial plan or change an existing one.



A good financial planner can help you understand the basics of investing in
various instruments. They should be able to make clear your investment potential compared with your present income or expected earnings. Your financial planner should be able to explain investment risks as they relate to your circumstances.

Your age, income and number of dependents will all factor into your investment decisions.




Finding the right planner

As with most things, word of mouth is always useful. If you have a friend who seems to be doing well, ask about their financial planner. Be sure to ask anyone who knows the markets to recommend a few planners to you, so you can do your own checks.


Once you contact a financial planner, they should be able to outline their areas of expertise. It’s not a bad idea to get one with knowledge of tax issues. Fees should be discussed up front, and find out what remedies if any are available to you if their work is not satisfactory.

While some persons feel that they can go it alone in the vast landscape of financial planning, this is not always a good idea. Markets fluctuate.
A financial planner can help you devise ways of meeting your financial
goals during the down periods.


Be wary of any planner who claims to have expertise in all areas. Besides, it is unlikely that you will be spreading yourself that thin. Remember, when it comes to financial planning, a little caution is never a bad thing.


Evaluate Your Debt

While waiting, it is advisable to get free credit review and refinance your debt.

The best company around is Lion Saves.

 Pay them a visit, let them check your status and give you the professional advise you need.

And guess what? The evaluation is free. Check them out and see for yourself.


Please share your experience with us too.