Financial Safety Advice

The Healthy Agriculture Company (Agrisal), located in Valverde Vega, decided to implement electronic security devices such as cameras and intercoms to reduce spending on security.

Thus avoid the hiring of a guard, whose cost is higher, said general manager Alvaro Valverde.

The employer said that it is virtually impossible to completely eliminate spending in this area. What we achieved with the electronic equipment was a decrease in your bill.

Other companies lack the capacity to download this item and instead have had to increase.

Security has become a sensitive issue for companies, to the point that several firms surveyed by the EF refused to provide details of their strategies, such as Dos Pinos Cooperative.

According to a study by the Chamber of Commerce in 2008, this sector lost ¢ 7.912 million per year for criminal acts and ¢ 64.298 million spent on private security contracting.

Miguel Miranda, general manager of Mondaisa (producer of teas), said his company doubled security spending this year, distributed monitoring of the physical plant, television cameras and hiring guards for guarding their trucks dealers. Read the rest of this entry →

Taking into account the conditions of the mortgage loans that are offered today, and the value of one-bedroom apartment in Buenos Aires, a person would have to borrow from a bank for 15 years, paying monthly U.S. $ 1,000 access to home ownership. Even if it could save u $ s1.800 pay off the debt in just 30 months. What for you? Mario Gomez, the real estate market expert and in charge of the course “The real estate and personal finance” Global Investor campus, provides the answer.

This week, the newspaper La Nacion published an article titled: “You have to earn $ 11,000 to pay a mortgage.” The calculation arises to estimate the income share ratio down the banks (30%), for someone who goes into debt for 70% of a department of u $ s 78,000 (60 m2 at the average prices that publishes Real Estate Report) . In short, those who take a credit of $ s54.000 have to pay for 15 years some U.S. $ 1,000 to pay off the loan, interest, insurance and taxes, using the French system of depreciation.

However, this family group earns revenue by about $ s3.000, if over 30 months save 60% of their income (u $ s 1,800 per month), agree to the $ s 54,000. It is true that would be adjusted for two and a half years and live with 40% of household income, but soon could put together as in 15 years of lending commitments. Read the rest of this entry →