Wednesday, February 14, 2018

Five Easy Blogging Tips For A Profitable Blog

Creating a blog is an easy way to get started making money online. However, as with any business, you need to keep your eye on your blog's profitability. If you're new to blogging, these five tips will help you to make money with your blog.

1. Set blog goals

Ideally, you should set your blog's goals before you create your blog. If you set your goals first, you will be able to estimate the potential traffic you can attract to your blog, and therefore the amount of income you're likely to make.

So before you create your blog, write down:

* Your blog's topic (for example digital photography, photo retouch or diet tips, or whatever topic you'd like to create a blog about);

* Use keyword research tools to discover how many people are searching for your blog's topic online each day:

If there are fewer than 100 searches, look for another topic. Don't shy away from topics which have lots of competition online - lots of competition means that there's a lot of interest, and a lot of traffic too. So if your topic has 5000 search a day, and millions of Web pages, go ahead and create your blog.

* Decide how you will make money from your blog. Will you sell advertising space? Sell products? Make a list of revenue streams for your blog;

* Estimate the income your blog will make in your first, second, third and fifth years. Yes, this is mainly guesswork, however it will motivate you to keep blogging when you see your blog's potential.

If you're completely new to blogging, and have no idea how to set your blog's goals, then get a blogging mentor, or ask questions at forums. Your blog has the potential to make a great income for you, if you treat your blogging as a real business.

Now you've set some goals for your blog, set up your blog and start blogging.

2. Diversify your blog revenue

In your first year of blogging, focus on creating content for your blog, and experiment with various forms of income. There's always a new income-generator coming out, so test out as many forms of revenue as you can.

3. Concentrate on content - make it useful

The bigger your blog, the more traffic you'll get from the search engines, and the more readers you'll attract. Therefore, concentrate on creating good content for your blog. All the time you spend on content will be rewarded.

4. Remember to use keywords in your posts

Once your blog's a few months old, the search engines will start sending you traffic. Keep that traffic coming by writing posts which include keywords, but don't go overboard. If you keep writing, you'll attract many "long tail" searchers.

5. Publicize your blog

Once your blog's making some income, set aside a portion of that income to promote your blog. There are many ways in which you can advertise your blog; again, experiment to see which forms of advertising work best for you.

Watch for other bloggers' advertising, and if you can see that bloggers are advertising in a particular area month after month, you can be sure that it's profitable for them, and will perhaps be profitable for you, too.

So there you have five easy blogging tips which will help you to create a profitable blog.

Thursday, January 18, 2018

What Is Knowledge Management?

Benefits of Knowledge Management

Experts get better at what they do by learning more. Some people can only learn by trying to do things themselves, but most people learn a lot from each other. When people share expertise fully and openly, when they write essays, for example, the sum is greater than the parts. Quantum leaps in knowledge can be generated when experts collaborate. Then there is simple efficiency. Time and other resources are wasted every time employees have to learn something through trial and error, working in isolation. The pace of change and innovation is so great that one person cannot do it all. When experts collaborate, progress can be made much faster than any one employee working alone. Speed is the essence today – speed of execution as well as that of innovation.

knowledge management

Problems with Knowledge Management

Some experts are not that great at collaboration. They like to figure things out for themselves and can’t be bothered with passing on their knowledge to others. Many such talented people also hate the bureaucracy associated with having to document everything they do. Then there is the old saying “knowledge is power.” Just as knowledge gives organizations a competitive advantage, individual knowledge workers also know that the uniqueness of their expertise enhances their marketability.
There is also the fact that pooled knowledge may be better for efficient execution than for innovation. For example, if you want to know how to make a sale to a client in a foreign country, it is wise to find out what your colleagues did that worked for them. But innovation often occurs through live collaboration rather than the accessing of stored knowledge. Brainstorming does not necessarily tap into existing knowledge. Rather, it creates new insights out of nowhere. Similarly, many of the greatest discoveries in science and technology happened virtually by accident. Someone experiments by trying out solutions on a trial and error basis to see what emerges. Often, the unexpected results are the more interesting ones. Knowledge management has a mechanistic ring to it that could stifle the entrepreneurial spirit of employees who work best in a very experimental way.
There is also the common organizational culture of functional silos where managers are territorial and want to keep the power of their department’s expertise to themselves. Finally, knowledge becomes obsolete so fast that it hardly seems worth the effort to capture it. Knowledge management is still worth doing, however, despite these and other obstacles. Ideally, it makes less sense to document everything an organization knows than to focus strategically on the specific areas where knowledge adds the most critical value, where it offers the greatest competitive advantage.
How to Manage Knowledge
Several knowledge management initiatives have failed for a number of reasons, one of which is that they are too centrally driven. They are less interesting to potential users if they feel no ownership for them. Communities of practice are one way around this problem. Rather than centralize all knowledge, specific user groups or types of experts are formed into specialized networks. After effectively localizing the management of knowledge, the next step is to involve the users in designing a knowledge sharing process that they can sign up to and will use. This raises the question of the fundamental purpose of knowledge management. Is it to store knowledge for all employees to access or is it more about sharing and collaborating in real time?
Our educational system stuffs knowledge into the heads of students that it thinks will be useful to them several years later. Often, most of this knowledge is lost because students don’t feel a need for it at the time. It has no application in the here and now for them. A knowledge management system based on this philosophy is bound to fail. Organizations that foster live collaboration during an actual project are more likely to succeed. On the downside, the relevant expertise may not be captured for later use, but the organization achieves its most important objective – to exponentially transform the expertise of multiple experts into tangible competitive advantage.

Author bio: Necole Hardison, writer and editor
Necole graduated Harvard Business School and studied many executive education programs. She is a business strategic expert by day and essay writing fanatic by night, writing all sorts of great content. Necole already helped a lot of people with an essay writing and does not plan to dwell on it.

Thursday, October 5, 2017

Why Writing with Emotion Is Key

The world is ruled by emotions. The fate of civilization is in the possession of human beings. How do you think how many emotions a person can experience? Psychologists talk about a few basic emotions. They include gladness, anger, sorrow, surprise, disgust, shame, guilt. And every emotion has the scale of tints. For example, the different degree of fear has the name: fright-fear-horror-panic. The same applies to otheremotions. If to count up all emotional tints which a man is able to experience, it is possible to count 84 000 (!) emotions and states.

A Few Words About Importance of Emotions in Our Life

Exactly emotions are those paints which create the picture of our days. They determine how you will estimate your previous days and years looking forward to your past.  Those events that were not emotionally colored are quickly forgotten. We only remember things that are significant and evoke strong emotions.

Emotions are an integral part of life, like breathing. They allow us to:

·         adapt to the surrounding environment and survive;
·         set up a contact with other living entities;
·         regulate the behavior;
·         specify the mood and inner state.

Emotions allow us to experience reality. It is possible to say that we always look at the world through the magnifying glass of emotions. If we have pleasant emotions, it seems to us that the world is kind and wonderful, and all people around us are exceptionally good and friendly. If we look through the magnifying glass in bad temper, it seems to us that all around us is gloomy and hostile, and surrounding space is rather unpleasant. The famous professor of psychology Carroll Izard considers that «emotions determine the way of life and set the programs of cognition and conduct.» This also explains the importance of emotions in the written text that we read.

Emotional Text

Text plays an enormous role. It determines a mood and an attitude toward the world. Sometimes it is enough to show a few good emotions in order to change a mental state of a persona, to make him happier, kinder and better. But the main thing is to make him more loyal, and it is known and used by marketers and copywriters. The secret is simple here: if the visitors on your site rest, read pleasant, bright and unique texts, it will be far pleasant for them to make purchases. The well-written article without plagiarism is able to manage the emotions of a potential buyer and his mood. It is not easy to transfer a mood with the help of the worlds, it is better to feel it for yourself, and nothing is able to cope with it better than a well-written text. The text that was written by a professional is easier to read than the rewrite in the third stage. Of course, it should be not only emotional but also unique that can be confirmed with the help of plagiarism checker. A grey text is already a long ago out of fashion, and it brings no effect, except for disappointment. Therefore, if you want to change the mood of your visitors and increase your conversions, the best way is to create emotional articles. Such a copy will cause the mass of positive emotions in your potential buyers. These can be smiles and laughter or serious, restrained beauty, landscape and portraits, advance-guard and classic style; you are able to create truly interesting content for your resource.

A Vivid Example

Manufacturers of cosmetics have long excelled in the art of "emotional texts." The myth of "smooth and elastic skin," "thick, shiny hair" and "beautiful smile" is sold better than a dry description of the composition of the product and data about the manufacturer. Negative emotions can also cause genuine interest in a particular person, product or service. Sometimes an article in the "yellow press" or an angry comment on the forum work better than an expensive advertising campaign.
Thus, an emotion is the main impulse to make a purchase or conclude a transaction of any kind!

Tuesday, September 5, 2017

Where I can Get Updated List of IFSC and MICR Code?

In the present times, monetary or fund transfers are not restricted to a country or a bank making it mandatory for financial organisations to carry out a verification procedure before processing funds. To make the verification procedure quicker, financial organisations and banks make use of different codes that simplify and automate their processes. MICR code and IFSC code have a significant role to play in this phraseology. Therefore, it is essential to have a clear understanding of these codes.

Find here : list of IFSC Code

Indian Financial System Code


The IFSC code or Indian Financial System code identifies all NEFT and RTGS participating bank branches exclusively. This code is used by electronic payment mechanism applications like NEFT or National Electronic Fund Transfer, RTGS or Real Time Gross Settlement and CFMS or Centralised Funds Management Systems. Individuals who want to transfer funds from one bank to another need to know this code so that the beneficiaries get the funds directly into their bank accounts. It is worth noting that with the use of this code in online transactions, there is no physical dispatch of cheques between the banks and the clearing house involved. This exclusive code mechanism is specifically used for instant money transfers online.

How is the Indian Financial System Code Formed?

The Indian Financial System code is an 11 digit code that consists of alphanumeric characters disclosing the bank name and the exact branch location of the bank.  The fifth character of this code is a zero used for accommodating expansions of bank branches. This code is printed on cheque books that are issued to bank account holders. You can get the IFS code of your bank branch by having a look at your cheque slip.


MICR stands for Magnetic Ink Character Recognition. As is suggested by the name, the MICR code is a character recognition technology that helps in faster cheque processing. The branches of all banks are given exclusive MICR codes as this helps The Reserve Bank of India in identifying the bank branches and in speeding up the cheque clearing procedure. This code is printed on the bottom of a cheque leave of a bank chequebook.

How is the Code Formed?

The MICR code is a nine digit numeric code with each three digits signifying important information regarding the bank and the transaction. First three digits of MICR indicate the city code or the city that serves as the location of the bank. Most of the times, the first three digits are the first three numbers of the PIN code of an area. The next three digits signify the code of the bank or the bank identity, and the last three digits indicate the branch code of the bank or the i
dentity of the bank branch location. So, how and where can you find the updated list of MICR and IFSC codes?

Finding the Updated List of MICR and IFSC Codes

It is important for net banking and online banking customers to be knowledgeable about the IFSC and MICR codes of the beneficiaries. The best way of getting hold of the updated list of the MICR and IFSC codes is carrying out an online search. If you go online and search for the updated list of MICR and IFSC codes, you will probably get some sites displaying valuable and useful information about this subject. The only thing that you need to do is type the name of the bank and the branch. There are boxes available on the sites displaying IFSC and MICR codes. You simply need to put the name of the bank in a box and select the bank branch accordingly. You will immediately have a drop down menu that will help you in finding the right MICR and IFSC code for your particular bank branch. However, the best thing that you can do is check the database of The Reserve Bank of India for getting the IFSC and MICR codes of different banks and their respective branches.

It is also imperative to remember that the exclusive identification characters of the banks keep on changing from time to time as per rules brought forward by The Reserve Bank of India. Therefore, it is essential for individuals to contact their respective bank branches for confirming identification numbers received from third parties.

Friday, August 25, 2017

How to Calculate Annual Interest Rate on a Loan

A loan refers to quick disbursal of money that one can take from banks to meet sudden expenses that may arise at any time. But before applying for a loan, it is important to calculate interest on loan using EMI calculator or spreadsheets.

calculate emi loan using free calculator

Banks follow different sets of laws when it comes to charging loan interests on different products. For example, credit cards charge daily interest while other products may require interest to be calculated monthly or even annually. Getting this detail is important because you need to use the right number for calculation. Generally, people prefer to do this little math on their own but some people rely on technology for quick calculations and thus use:

1.  Spreadsheets

Spreadsheets like Microsoft Excel and others are powerful tools that help you understand how the loan works by building a rough graph of your loan.

How to calculate annual interest rate in excel:

a)  Start with a blank worksheet

b)  Enter the Principal amount, Monthly payments, loan term in months, and Annual rate in cells B2 through B5, in order.

c)  Format cells C2 and C3 as currency with two decimal places.

d)  Format cell C5 as a percentage with two decimal places.

e)  Enter the following formula in cell C5: =12*RATE (C4, C3, and C2) to get the results.

Calculations here are automated so you can easily get important details about your loan. You can even use pre-built amortization templates to calculate the annual loan interest rate.

2. EMI Calculator

An EMI calculator does the same work. It will calculate loan interest rate per month, shows how much interest is in each payment and how much you’ll have to pay every month. For deeper analysis, you can copy and paste the output into a spreadsheet.

Apart from these two methods, the annual interest rate can be calculated manually as well. For a home loan, student loan and auto loan, the best way to do is to build an amortization table. It clearly shows every payment, loan interest, principal amount and your remaining loan balance at a given time. To calculate, you’ll have to provide the following basic information:

a.  The interest rate

b.  The loan period

c.  The principal amount you are paying interest on

d.  The monthly payment

For a quick estimate, a simple interest formula (Interest = Principle x rate x time) can help you find out the annual interest rate on a loan. For example, if you borrow home loan of 63 lakhs at 6% interest rate for a time period of say 30 years, then your monthly payment would be approximately Rs. 38,000/-.

Ideally, customers pay different amounts of interest every month – the amount usually reducing with each passing month. Reason being, your loan balance gets paid gradually and leads to lesser interest every month.

Listed below are some helpful steps to build an amortization table all by yourself:

1.  Start with calculating your monthly loan payment

2.  Convert the annual rate to the monthly rate by dividing it by 12

3.  Find out the monthly interest rate by multiplying the monthly rate by the loan balance at the start of the month.

4.  Deduct the interest cost by the monthly payment

5.  Reduce your loan balance by the principal amount

6.  Calculate your remaining loan balance

7.  Copy the outstanding loan balance to the next line

8.  Repeat steps 2 through 8 until the loan is paid off

The bottom line: Interest rate increases the price of the commodity (Car, property, equipment of your home or business, etc.) you buy on loan. Therefore it is wise to keep a track of it and make regular payments to decrease the interest amount with time. In some cases, these interest costs are tax deductible – which is one more reason not to ignore them. To understand your finances, you should calculate interest cost either before taking a loan or soon after borrowing. You can compare the interest rate of different loan schemes using It is an ideal platform wherein you can compare top loans from different banks, get best deals on credit cards and choose between longer and shorter loan terms by using its EMI calculator.

Monday, August 21, 2017

Aadhaar mandatory for social schemes 2017

From being just a voluntary document that was meant to serve the proof of identity and address anywhere in India, Aadhaar, a 12 digit unique identification number (UAN) is now fast becoming government’s base for public welfare & citizen services.
Aadhaar mandatory for social schemes

It is used as the universal identity card that can verify your age, address, identity, etc when applying for any government service. Listed below are some government schemes 2017 wherein the use of Aadhaar card is mandatory:-

1. Pension: Aadhaar card has proved to be a blessing for senior citizens as it helps them get their pension money on time. Earlier, the documentation process was time consuming, which created a lot of inconvenience and delay for the senior citizens in getting their pension money. Thanks to Aadhaar card to make their life sorted. Now, instead of going through a long documentation process each month, the pensioners need to only register their Aadhaar number to ensure timely pay-outs each month.

2. Income tax: When it comes to verifying your income tax file returns, Aadhaar card helps people cut down documentation needs. Using Aadhaar card to verify ITR is both simple and convenient. All you need to do is:

A. Login to the e-filing website using your PAN number, and link your Aadhaar number to it.
B. Choose an option to generate an Aadhaar OTP, which will be sent to your registered mobile number.
C. You can use this code to verify your ITR. You can also use Aadhaar to verify your IT return uploaded on an earlier date.

3. Aadhaar card mandatory for Provident Fund disbursement: Aadhaar has also eased the process of PF disbursement. Earlier, the process to get the PF money was complicated and time consuming. However, now the process has become quicker and simpler because of Aadhaar card. Once the pensioner links their Aadhaar with their pension account, the Aadhaar card will ensure that the provident fund is directly disbursed to their account.

4. LPG & other subsidies: With Aadhaar card, you can now get your LPG subsidy in your bank account. For this, you simply have to provide your Aadhaar number. In fact, not just LPG but all other government subsidies will reach you directly through Aadhaar card. With Aadhaar, now, you don’t need to register for every government benefit. 

5. Digital life certificates: The Jeevan Praman for pensioners or the digital life certificate, as it is widely known, is an initiative took by Narendra Modi, the Prime Minister of India. This initiative eliminates the need of pensioners to be physically present in order to receive a pension. Digital life certificates allow elderly members to get their pension money without leaving home as their details can be easily accessed by the bank through their Aadhaar number.

6. Aadhaar mandatory for Passport acquisition: The acquisition of passport has always been a daunting task that takes a lot of time. But with the help of Aadhaar card, the process is now simpler. Anyone willing to get a passport can submit an application online for the same by simply attaching their Aadhaar card as the only resident and ID proof along with the application. Within three days, they will receive an appointment and within seven days, the processing and dispatching of the passport will be completed. Police verification checks can then be scheduled on the later date. All in all, with Aadhaar card you can get your passport within 10 days. 

7. Aadhaar mandatory for bank accounts: As announced by the Supreme Court, any person planning to open a bank account has to provide their Aadhaar number along with their PAN (Income tax permanent account number) as a valid address and photo ID proof. In addition, all existing account holders have been asked to submit Aadhaar to their respective banks by December 31, 2017, to continue the services. If they fail to do so, their accounts will become invalid.

These are quite a few social schemes where Aadhaar is mandatory. So if your Aadhaar card application is still pending, you should soon get it done to avail the unlimited benefits that this simple card can provide.

Wednesday, August 16, 2017

Which Is The Best SBI Credit Card?

The State Bank of India offers a variety of credit cards to match your lifestyle needs. Each credit card offered by this bank is packed with features such as shopping, travel, and dining privileges apart from reward points on the department, glossary stores, etc. If you are planning to get SBI Credit Card for easy cash flow, here is a drop down list of some best SBI credit cards that you can choose from:

1. SBI Card Elite: - Powered by Master Card, the SBI Elite Card offers a number of  benefits to its customers including welcome e-voucher worth Rs 5000, complimentary movie tickets worth Rs. 6000 every year, complimentary membership to the airport lounge (both domestic & International), 5X Reward Points on dining, departmental stores, and grocery spends, etc. The joining fee on SBI Elite Card is Rs. 4999 + GST. In return, you will get an equivalent amount of welcome bonus from your choice of brand – Yatra, Bata/Hush Puppies, Marks & Spencer’s, Shoppers Stop, Westside, etc.

2. SBI Card Prime: - The SBI Prime credit card is packed with plenty of MasterCard/Visa privileges including 50% off on golf games at selected golf course across India and exclusive benefits across 900 luxury hotels worldwide. In addition to this, it features birthday benefits, lounge access, Club Vistara membership, Trident privilege membership, etc.  The annual fee (one time) and renewal fee (per annum) on this card is Rs. 2999/-. The bank also gives a welcome bonus of Rs. 3000 to the customers receiving this card.

3. Simply Click SBI Credit Card: - With its worldwide acceptance, Simply Click from SBI credit card is yet another best credit card you can sign up for. It offers Rs 100 cashback on first movie ticket booked on BookMyShow mobile app for the first time users. With Simply Click SBI Credit card, you can empower your family with add-on cards for your spouse, children (above 18 years of age) and elderly parents, withdraw cash from over 1 million Visa and MasterCard ATMs across India. Simply Click SBI Credit Card further enables you to pay the monthly utility bills using the easy bill pay facility. In addition, balance transfer on EMI and flexi pay is other lucrative features of Simply Click which can make your life simpler and EMI payments easier.

4. Air India SBI Platinum Card:- With an annual and renewal fee of Rs 1499 and a welcome gift of 5000 reward points, Air India SBI Platinum Card offers features like complimentary visa lounge access at major domestic airports, lost card liability cover of Rs. 1 lakh. On top of it, this SBI Credit Card comes with a global acceptance and can be used to withdraw cash from over 1 million Visa ATMs worldwide. The banks also give its customers the privilege to get add on card for parents, spouse and children (above 18 years of age). Flexipay, balance transfer on EMI, easy money facility and online railway ticket booking plus getting it delivered at your doorstep are other benefits of having an Air India SBI Platinum Credit Card.

5. Simply Save SBI Credit Card: Customers planning for a big adventure outside India can sign up for SBI Simply Save credit card. It enables you to access money anytime, anywhere, provide flexible EMI options for big purchases along with features like instant SMS, emails, a mini statement to help you keep a track on your every transaction.  Simple Save Credit Card from SBI further enables you to use your accrued points to easily pay back the due amount pending on your card. The annual fee of Simple Save Credit Card is Rs. 499.

To know more about these SBI credit cards, you can visit the official website of SBI or Paisabazaar wherein you can compare and get the best SBI Credit Card as per your needs and requirements.

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