Myths About Personal Finance

Personal Finance Myths

If you’re ready to take control of your finances, the last thing that you want to do is listen to the wrong advice. When it comes to finances, there is a lot of misleading information available. The problem with the myths is that people believe them and may stay away from tools that could help them.

For example, short term financing can be an invaluable tool when used correctly. Don Gayhardt of Speedy Cash, has seen how short term loans can work well for a wide range of people for various reasons. If people believed everything they heard about short term financing, they might miss out on this type of option.

Rather than buying into the myths that surround responsible personal finance options. Here are some myths about personal finance debunked.

Don’t Use Credit Cards

Credit cards have negative stereotypes attached to them. If you overspend on your credit cards, then they can negatively affect your financial health. You have to be responsible when using a credit card. If you aren’t the consequences can be devastating. If you are responsible, however, then your credit cards can be a great tool. Not only can they help you out when you’re struggling, but they can also help you to establish your credit and to improve your credit score. A high credit score results in more mortgage options and lower interest rates. If you have a credit card, you may be able to reap the benefits of financial opportunities.

You Should Own Your Home

There is a lot of emphasis on owning a home above renting. Many people believe that owning a home is always better than renting a home. The truth is that homeownership is not always cheaper than renting. You could end up paying more in maintenance costs and other fees. Also, not all homes appreciate in value. The market goes up and down and some homes are riskier than others are. While homeownership can be great in some instances, it is not always better than renting.

There’s a Time Limit to Financial Goals

It is never too late to try to reach your financial goal. If you are in your 50s, it is still possible to reach your goals. You may have to work longer than initially planned, but you can make an impact on your financial life at whatever stage you are in. it is never too late to decrease your debt or to increase your financial health. Too many people give up when they think that it’s too late. When you give up, you completely ruin your chances. Instead, always push towards your financial goals.

More Earnings Equals More Wealth

A lot of people believe that the more wealth that they earn, the more wealth that they have. When people come into large amounts of money, they tend to spend it on the things that they always wanted. They start purchasing more and pay less attention to the consequences of their spending habits. This can lead to bankruptcy quickly.

When it comes to managing your personal finances, it isn’t always easy. In fact, personal finance can be complicated. There is a lot of advice out there. Some of it is great advice, whereas myths also make up a lot of the information. Don’t let yourself buy into the myths. When it comes to financial health, you can take control.

What You Should Know About Chief Marketing Officers

Chief-Marketing-Officers-role

The bigger your company gets, the more executive and chief level officers you will need to help you run it. A chief marketing officer is one of those positions that the sooner you fill it, the easier it will be to grow your company. Understanding what these officers do, why you need one and where you can find one can give you an edge in recruitment.

What Do They Do?

A CMO like Eyal Gutentag can design and implement your marketing campaigns as well as manage your marketing team. These experts in marketing help build your brand and reputation with customers, partners and suppliers to give you a more competitive edge.

Why Do You Need One?

The key to a successful business is getting your products and services to your customers. If they cannot find your company’s offerings, then they won’t buy them. A CMO does more than just show off your brand, however, he or she will use data analytics to help guide campaigns to catch the eye of potential customers in a variety of ways.

Where Can You Find One?

Business professionals such as those with training as chief marketing officers can advertise their services on networking sites or through headhunter sites. This can make it easier to see what kind of job they are doing currently, what you can offer them to move to your company and much more. These listings can also help you get a better understanding of what a CMO does.

When you are trying to grow your company, having a CMO can make a big difference. These experts can help you manage, design and implement your marketing strategies to help customers, partners and suppliers understand your brand. This is useful in growing your reputation as well as in growing your sales. You can find a CMO through networking either on or offline.

New methods of drug delivery is the future for the pharmaceutical industry

 

The-future-of-the-pharmaceutical-industry

With the production and launch of new drugs happening all the time, attention is also very firmly focused on the delivery method of those substances to meet modern needs and requirements.

The world of technology never sits still for long, and nowhere is that more true than in the field of pharmaceuticals. With greater understanding of chronic conditions, and the focus on developing medicines that can help alleviate those conditions and their symptoms, the traditional delivery system of oral medication is not always fit for purpose. 

Step forward nanomaterials with their unique properties that can allow for implants and patches that can manage a slow steady release of drugs into the bloodstream that is proving to be a much more effective method of delivery. With the advances in the development of the electrospinning machine research in this area is now easier than ever before and is now a key focus for investment and research as the capabilities of nanomaterials are becoming more and more apparent. 

Electrospinning and electrospraying is versatile and easy to set up

The process of electrospinning or spraying in order to create nanomaterials from polymer melts and solutions is now more advanced than ever. The usability of such machines is now such that a research laboratory can be set up in a matter of months where the workforce already has some understanding of electrostatics and polymers. This means shorter lead times for getting production up and running, and upskilling the workforce is easy and quicker. All this serves to reduce costs to the business.  

Creators of electrospinning machines are able to approach the implementation at a bespoke level, ensure the set up is right for the needs and intended outcomes of the research department. This can include adapting the machinery, which comes in different varieties from small ‘proof of concept’ machines to full production. The solution is now also fully scalable, and GMP and ISO certified for pharma-grade mass production, and there are many manufacturers leading the way in this.  

The machines can use a huge variety of raw materials and natural polymers to achieve the desired output properties. From sub-micronized particles and fibers, true encapsulation, nano-in-micro particles and multi-layered core-shell structures and non-woven mesh it is possible to create powder or granules for oral (tablets, capsules, sachets), parenteral, nasal, pulmonar, ophthalmic, vaginal & topical applications and patches for transdermal, mucosal, buccal & sublingual applications. 

The benefits of electrospinning production is huge

Using these methods to create pharmaceuticals has huge benefits. Firstly the process is highly versatile. Any solvent, excipient or API (including live cells) can be used in the creation of the solutions, suspensions and emulsions used in the process, and with no stress applied on the API this guarantees a product of the highest stability and quality, as materials are produced at a molecular level ensuring virtually no defects. 

In a single step it is possible to produce a dry product with minimal moisture content and with excellent processability of final product. Dose uniformity is guaranteed, which is vital in the management of chronic conditions.  

All this lends itself to maximum potency of the final product, which is all to the benefit of the end consumer. Release of the drug is controlled and optimized allowing for a faster onset of the effects on the body, yet also minimizes side effects especially when non-oral methods of distribution are used as often side effects are the result of the drug interacting with the digestive system. 

Added to this the path to general release of a new drug can be made much easier. Of course there first needs to be the necessary data from the drug trials, but once that is available and the drug is prepared for release using certain platforms, then it makes it a lot easier to achieve market authorization. This will reduce costs of development, and there have been instances where it was possible to bring a new product to market in just one year, far quicker than you might normally expect.