Bank job loss

Read in the newspaper and there are many jobs being axed by banks.

HSBC slashed 1700 jobs in Britain over the next year. Which bring the total this year to 4600. Also Royal Bank of Scotland said few days ago to cut 3700 jobs. More about HSBC link here.

So isn't this an indication that many many more people will become job less. And if they have no other source of income. They will become financially troubled. That's why it is so important to look for other source of income via business and investments.

So family and friends, please for yourself or for your family. Look and take action into creating part time businesses and/or investments that will create extra income for your security.

Google docs

Haven't posted for awhile. Been really busy working, planning what i need to do and getting more organise and to have a more systemise approach to create my financial freedom.

So I've started looking at ways to centralise my documents so that it is easier to manage and share with other people. I decided to look into using google docs, this seems to be a good tool to use.

I can do the following (from what i learnt):

• Upload documents
• Upload excel spreadsheet
• Upload pdf file
• Upload other documents
• Invite other people (send email) to view or have ability to edit the docs
• Create folders to organise files
• Hold a revision of changes to document changed

Still learning at the moment, so once i found out how to use it better will post and teach you. Or if you know how to use it let me know.

Bank base rate stays at 0.5%

The bank of England has kept the base rate at 0.5%, this is good for many property owners with a tracker or variable rate mortgage. But not so good for people with savings in banks, which is next to nothing.

Read more about the Bank of England base rate, follow the link here.