Tag: Accounts

Guest Post: 7 Reasons You Need A Personal Budget

So, what is a budget anyway and why do I need one? A budget isn’t just a piece of paper carried in that big red sandwich box that worried looking bloke waves about every March outside 11 Downing Street. The Budget is the Government’s best estimate of what they will receive in income for the year ahead – taxation, revenue, sale of signed photos etc – and what they intend spending it on – NHS, wars, salaries, new dart board for Dave’s office etc. In the same way, a personal budget will have a forecast of your year’s income and how you intend to spend or save it; this can very easily be done with accounting software now readily available on-line. Like the Government, you can include borrowings in your budget, but unlike them you can’t decide to “print” money to ease your financial troubles – well not legally anyway! Here are 7 reasons for making a personal budget.

1. Paying The Rent. Unless you still live with Mum and Dad, housing costs – whether rented or purchased with a mortgage – will probably be your largest regular expense. Unless, that is, you are addicted to chocolate in which case see below. It is a good idea to start with listing your main living expenses including fuel and Council Tax, Sky TV and other essentials so that you can then assess what you have left at your disposal for your other needs or aspirations.

2. Chocolate. If you do have a passion for chocolate or indeed any other luxury for that matter, having a budget will show you the areas of expenditure that you can economise on so that you can indulge your passions ad nausea. This advice is given only on the understanding that you are responsible for your own health and that the author cannot be held liable for any complications arising from excessive consumption.

3. Holidays. Home or Hawaii? A few people enjoy holidays at home, but if your ambition is to spend six months in California then your budget can help you reserve the cash to achieve it. If you know in advance how much you can spend on tickets and trips you can often pick up a bargain by advanced booking; or you could be in a position to make a spontaneous purchase when you spot a good deal and be confident that you will have the funds to cover it already in your holiday savings pot.

4. Food. In the intervals between clubbing and sleeping, most people eat food. This may be dispensed with but that is not a recommended plan for enjoying a longer life. If you are already aware of what you spend on food regularly it is easy to budget. If you are not aware, then you can take a stab at it and adjust the budget after a while to reflect how much you wish to spend and then shop accordingly.

5. Work. Unless you are lucky enough to be able to work from home, then you need to budget for travel to and from work, whether for bus or train fares or the cost of running your own car or bike. You may need to reserve funds for buying tools or clothes. Unless you are expert at charity-shop scavenging you could need to spend a bit on looking smart in the office. Especially true for the office-party when you need to impress someone you want to share your pencil with; or even your boss for that matter.

6. Christmas Is Coming! For many people Christmas is the time for giving and having a good time; and the rest of the year the time for remorse – especially after the afore mentioned office-party – and for scratching around trying to pay for it! You can set yourself a budget for presents and entertaining and, as long as you stick to that, the only headache you will have in the New Year will be a hangover and not a financial one. No longer will you have to wrap up a box of tissues for Granny’s gift, trying to convince yourself in doing so that it is the thought that counts and that she will forgive you for your spendthrift ways once again.

7. Play. You will need to know in advance whether you can afford that season ticket for your favourite team or will instead have to resort to standing on the touchline at the Rec. to get your sports fix. Perhaps you might want to start a new hobby or activity and to plan ahead for equipment purchases or memberships. Your budget will help you make those decisions wisely

You don’t have to keep your budget in a big red sandwich box, but it will be useful to have it to hand to see how well you are managing your finances and how much you will have left at the end of the year for shoes or chocolate. Accounting software will provide you with an easily accessible reference and a method of budgeting to enable you, and not your bank, to have control of your finances!

April 16, 2012
Guest Post: 7 Reasons Why Facebook Is The Worst Thing To Happen To You

Today’s 7 Reasons guest post is brought to you by Jon Potter who works for Anicca Solutions, an online marketing agency. There are, according to Facebook, over 500 million people in the world with a Facebook account. That’s rather a lot. So many, in fact, you’d struggle to fit them in…anywhere. Even a Death Star or Tardis may have to admit defeat to that kind of number. So, you might say, a stupidly large number of people use Facebook, it must be pretty good, right? Wrong. Here are seven reasons why Facebook is the worst thing to ever happen to 500 million people.

1. Facebook Means Everyone Can See You. In A Creepy Way. Remember that weirdo you went on one date with and then never saw again? The one who kept a bottle of chloroform in their car and you assumed went to prison? Well, unless you’ve trawled through the complicated privacy settings on your Facebook account, they’re probably stalking you right now from their prison cell. Not a pleasant thought. But wait, it gets worse. Not only can they stalk you, but they can probably stalk your friends too. And your family. Yes folks, Facebook makes horror movies look more like documentary footage. Sure, everyone thinks they’re the plucky one who survives the entire film, but with 500 million other contenders out there, you’re almost certainly that nameless extra who dies at the beginning before the titles.

2. Facebook Sells Your Data. This has been said before and it might be a bit of a cheap shot. But, when it boils down to it, Facebook only exists in order to sell advertising based on the data you put in. They tell users ‘Facebook helps you connect and share with the people in your life.’ But you can detect a bit of sarcasm in that when you read their message to advertisers: ‘People treat Facebook as an authentic part of their lives, so you can be sure you are connecting with real people with real interest in your products.’

3. Facebook Does Not Obey The King. In 1968, the wise shaman of popular music, Elvis Presley, issued a stirring call for ‘a little less conversation, a little more action please’. The people ignored his call (though they dug his funky music) and he issued it again, from beyond the grave, in 2001. Facebook would do well to listen. By providing a stream of news items, wall posts, status updates and comments, Facebook gives users conversations in a way never seen before. Facebook demands conversation above all else. Facebook does not want you going outside, it does not want you going to see your friends, it does not want you talking to them on the phone. Facebook wants you at home, alone, ‘chatting’ over its instant messaging service, commenting on your friends’ updates, writing on their walls. This way lies idle madness. Listen to the King, go out and see your friends. Add some action to your conversation and talk over a game of soccer or a trip to the cinema.* Go forth and be social in a way which Facebook cannot comprehend. Stick it to the machine.

4. Facebook Is Like A Horrible Drug Addiction That Steals Your Face. No, not because it sucks up your time (which it does), or because you can’t stop checking your newsfeed (which you can’t), or because you find yourself still logging on at 3 in the morning the night before your big job interview (which you do). No, Facebook is like a horrible drug addiction because, no matter how hard you try, you can never leave. You may think you have left Facebook. You may not have gone near the site in years. But somewhere, deep within the Facebook system, there is your face. And next to your face is your name. And next to that, are all the thousands of other details you put on your profile in the first place. Y’see, like Hotel California, you can check out anytime you like, but you can never leave. Facebook will horde your details and won’t let you delete them. Even if you ask really nicely. No, really. You’re in there forever, baby.

5. Facebook Takes The Fun Out Of Having Friends. Imagine you didn’t know every microscopic detail of your friends’ lives. Imagine you didn’t know, for example, that Kevin ate noodles for lunch, Sandra watched the entire Godfather trilogy back to back last night, and Michael thinks Woody Allen is the best director since Edison built the first film studio. Imagine that you then go out for dinner with Kevin, Sandra, and Michael and you say ‘hey, what have you guys been up to?’ Imagine the surprise and delight you experience when you hear about their lives and you don’t know it already. This is the surprise and delight that Facebook is stealing from you. Shame on you, Facebook, shame on you.

6. Facebook Is Going To Lose Your Identity. Earlier this year, the Sony Playstation Network was hacked and lots of customers’ details stolen. Facebook is, to hackers after personal information, the mother ship. How much do you trust Facebook’s security? More or less than you trusted Sony’s? Yeah, thought so.

7. Facebook Causes Anxiety. Yes, it’s true. A recent report from psychologists at Edinburgh Napier University found that ‘there is a significant minority of users who experience considerable Facebook-related anxiety, with only very modest or tenuous rewards.’ Pressure stems from deleting unwanted contacts, pressure to be entertaining and inventive, or fears over using the correct etiquette for different ‘friends’. The question is, though, can you leave the site? Not only do Facebook keep your details, but according to the study, ‘Like gambling, Facebook keeps users in a neurotic limbo, not knowing whether they should hang on in there just in case they miss out on something good.’

*Don’t talk over the film. No one likes that.

September 10, 2011
7 Reasons Twitter Must Remain Subscription Free

No doubt many of you saw the news yesterday morning that as of September this year Twitter is no longer going to be a free service. Obviously Twitter isn’t the most profitable of business models and, understandably, they have been working hard to rectify this. They’ve been using promoted tweets for the last year or so, but apparently they aren’t generating a sufficient revenue stream. So now, in a complete volte-face, they have decided that making the service subscription based is the way forward for them. It’s a shame because, not only do we find it an invaluable communication tool for 7 Reasons, it’s also great fun. We’ve both met some great people and both done things that we wouldn’t have done otherwise. Like create 7 Reasons. Quite frankly, the thought of not having Twitter around fills us with dread. So, in a plea to the powers that be, here are seven reasons to keep Twitter subscription free. If you agree please share this post. You never know what might happen.

1. Revenue. There are better ways to raise revenue. No one likes to pay a subscription; look at how many people subscribe to Sky in the UK compared to the number that watch ITV. This tells us that advertising is a more palatable option than a paid for service. We have contextual adverts here on this website and – apart from notable exceptions, such as Marks and Spencer advertising alongside 7 Reasons That I Hate The M&S Dine In For £10 Deal and Orange advertising on the post 7 Reasons That Life Would Be So Much Better in Black and White – this works well. Would any Twitter user really mind carefully chosen contextual adverts on their Twitter page (obviously not ads for hair loss products, incontinence pads or Greggs the bakers) instead of paying an annual subscription? I think not.

2. Relationships. I met the girl I am going to marry on Twitter. In a roundabout way. I wasn’t actually being myself, which means she’s actually marrying a spoofed professional sportsman. Luckily that’s pretty much what I am anyway. There are people out there who, perish the thought, actually pretend to be themselves. And there are people out there who are now married because of Twitter. Or reunited with friends and family because of Twitter. Or working together because of Twitter. Or sharing a cell with Big Bear because of Twitter. That just seems like an awful lot of great stuff that is going to be lost come September.

3. Fail Whale. When Twitter reverts to a subscription based service they hope to keep 25% of their users. I think it’ll be more like 2.5% but either way the Fail Whale will no longer be part of people’s lives. In the two years I have been using the network the Fail Whale has become more than a sign of overload. He has become a friend. A reassuring sight in an uncertain world. A reminder that you can’t always have what you want when you want it. In this respect the Fail Whale is a great philosopher. Communicating with us in a language the modern generation can understand. Who are we going to listen to when we can’t turn to the Fail Whale? The only Fail Whale I can think of is James Corden. And philosophy is not his strong point. Even more depressingly, neither is comedy.

4. Organisation. You have to be organised to maintain a regular subscription to something (unless you’re so disorganised that you subscribe once and remain subscribed for eternity), and organised people aren’t necessarily the most interesting people. But that’s who you’ll find tweeting in the future. Jack Kerouac, Keith Richards, Dionysus, Dorothy Parker and Queen Ranavalona the 1st of Madagascar are all fascinating characters that would be monumentally interesting tweeters, yet would find it too much hassle to maintain a regular subscription to a social networking service, even if they weren’t drunk, high, mythical or dead (or in the case of Keith Richards, possibly all of those things). This would leave Twitter in the hands of dull people, for whom renewing their subscription to Twitter would quite probably be an annual highlight. It would become a showcase for tweets by Michael Vaughan, His Excellency Baron Sir Lord Sir Alan Sugar of Sir Hackney Sir, the third Nolan Sister and Oprah fucking Winfrey. Subscription would make Twitter a duller place which would, paradoxically, make people less likely to subscribe.

5. Access The Inaccessible. Twitter is a great outlet if you want to hear the thoughts of people/things who you otherwise couldn’t. Bronx Zoo Snakes for example. Or dead dictators. Adolf Hitler has his own twitter account. Well, actually, he has about twenty, but I think nineteen of them are fakes. The real Hitler is worth a follow just so you can get a better understanding of how his mind works. If you don’t follow Hitler (and I would never encourage it) I can inform you that he’s still an angry midget. He still has issues. A recent update stated, “I’m sick of bonsai trees being so small.” When we have to pay for Twitter, answers to GCSE history questions just won’t be as informative/entertaining.

6. Expense. Unfortunately, whether you subscribe to the service or not, it’s still going to cost you. Remember the old days when it cost 12p to send an SMS or 28p to send a letter? Assuming you leave the service, it’s going to be those days all over again, only this time we’ll have to alert all of our followers every time we do something. So for us that’s 2000 texts or postcards we’ll have to send out every time we publish a new 7 Reasons post. And what if Bob replies with a text or a postcard? If we decide to reply to Bob we’ll also have to send a text or postcard to everyone who follows both 7 Reasons and Bob. What a nightmare this is going to be. Looking on the bright side at least I have free texts. Looking on the dark side stamps now cost 41p.

7. Subscription Misses The Point Of Twitter. Or, if not the point of Twitter, it misses what we all love about it. The freedom. It’s an egalitarian melting pot where views, thoughts, ideas, opinions and links to Failblog can be disseminated amongst users without some sort of hierarchical class distinction getting in the way. If it’s made a subscription service then – especially in the current harsh economic climate – many users will be excluded for no fault of their own. Should being unemployed, poor, a single-parent or a resident of the Republic of Ireland really be grounds for exclusion from social media? No, it shouldn’t. It’s vital that Twitter remains subscription free. Please retweet this piece if you agree.

April 1, 2011