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About me - Sithambaranathan Prithiviraj

I am living in Australia for 15 years. I have worked in Financial Management field for up to 30 years. I am currently working as a Educational Consultant for secondary and tertiary students in Australia. In addition I provide educational services on line to

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Business > Finance & Insurance Best investment strategy for a non-salaried person
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Non-salaried persons are small business people and some professionals who work in their own. Their income is not fixed and may vary from time to time. There fore if they are not making investments which are risky then they may end up in financial insecurity.Most important for non-salaried persons is to use the credit card wis... More..

Business > Finance & Insurance Understanding asset bubbles
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In market economy the economy move up and down. It is called a business cycle. In history the asset bubble happened in 1960, 1970 and recently the tech-stock asset bubble. In simplistic terms asset bubble is where the asset is over valued because of mis -perception of investors and the different investment avenues and returns... More..

Business > Finance & Insurance Common start-up financing mistakes
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Any small business needs start-up financing. However, most small business do have ideas and concepts but they don't do adequate research and documentation and develop a viable business plan. Most small business stop with budgets and sales forecasts. They don't go beyond financial aspects and sales forecasts.For a viable busin... More..

Business > Finance & Insurance Things to consider when taking out a business loan
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All businesses need finance to start a business, expand its operations or to finance fluctuations in working capital which is inevitable as business conditions are always unpredictable and sometimes short-term loans are necessary to finance these fluctuations. All business loans ahve a cost in terms of interest and other char... More..

Business > Human Resources Lessons in change management
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In Modern organization they have to react to changes in the external environment. They are unexpected and can be sudden if the organization do not adequately respond or react to these changes they may not survive in a competitive and dynamic external environment.In the current decade the phase of change has accelerated due to... More..

Business > Finance & Insurance What are macroeconomics
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Macroeconomics is a study of an economy as a whole. It is based on the analysis of an economy as whole and whether it come in to equilibrium at full-employment level given no intervention in a market economy where the price mechanism and the decisions of producers and consumers make economic decisions free of government inter... More..

Business > Finance & Insurance Balance sheets
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Balance Sheet is a financial Statement at a particular time and give a snap shot of a business financial position in terms of Assets and how the assets are financed. It is prepared in accordance with Generaly Accepted Accounting Practice and in accordance with Accounting standards related to the type of transactions and the t... More..

Health & Fitness > Nutrition Tips Healthy eating strategies during the holidays
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The holiday should be enjoyed but not a reason to abandon healthful eating habits. The secret is to have a balance and control in the holiday period and to overindulge.That is in holiday period there is a tendency to overindulge or eating tasty food but sacrificing healthy diets and do not have enough strategies planned to ea... More..

Business > Finance & Insurance Understanding the difference between FIFO and LIFO
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First of all FIFO and LIFO is an accounting concept. It relates to the method of valuation of stock at the end of a period. FIFO means first in first out that means say in a store if the store manager buys say maintenance material for stores use the maintenance materials used used comes from the first purchase then the second... More..

Business > Human Resources Tips for encouraging effective communication
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In a workplace or in daily life to have effective relationship communication is vital because it encourages to share opinions and openly discuss issues and achieve common goals and avoid misunderstanding and loss of self-esteem. Every body communicates but they don't communicate effectively. In practice, effective communicati... More..

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