Free enterprise – Freedominst Sun, 16 May 2021 05:02:27 +0000 en-US hourly 1 Free enterprise – Freedominst 32 32 Philadelphia woman unexpectedly lost her job; Repayment of $ 169,000 of debt in less than 2 years Sun, 16 May 2021 01:29:40 +0000

Philadelphia-based financial services professional Shaquana Watson-Harkness has accumulated over $ 169,000 in debt. In one Instagram post, she mentions that she has accumulated over $ 20,000 in debt traveling the world.

On New Years Eve 2018, Watson-Harkness resolved to stop using credit cards to finance his lifestyle. Even though she admitted that it was difficult to break her long-standing habits, she was ready to do whatever it took to take control of her finances.

Less than two years after making the commitment to get rid of her debts, she paid $ 169,000, according to a CNBC grow acorns article.

During her wealth-building journey, Watson-Harkness received shocking news. In November 2019, her employer handed her the infamous pink slip, leaving her without a full-time job. It was the third time Watson-Harkness had been fired.

“Always prepare for the unexpected and keep multiple streams of income outside of your daily work,” Watson-Harkness said Black company. “The multiple streams of income can be passive income such as investments or working on your business as a side activity.”

Philadelphia woman tackles debt

As a financial services professional, Watson-Harkness was the person people turned to for help with their personal finances. She was happy to give advice, but she was also ashamed because she was facing her own financial difficulties.

Watson-Harkness had his first interaction with credit cards in college, swiping his first card to cover a spring break. She unknowingly ignored one of the main rules for using credit cards: don’t maximize your card. She also underestimated the cost of student loans which turned into a monthly payment spread over a long period of time. Over the next 20 years, she continued to rely on her credit card for her lifestyle purchases and increased her debt load.

But what doesn’t break you only makes you stronger. These lessons have become the basis of his success today.

“I managed to build an investment portfolio worth six figures while paying off my six figure debt,” Watson-Harkness said on Instagram. “I made mistakes, took lessons and ultimately perfected my process.”

Spend less and save more

His first step towards financial freedom was to recognize his problems and then change his ways.

In February 2018, Watson-Harkness enrolled in a financial management course. As she began to change her mind about spending and saving, she began to make progress in her finances. She created her first budget and debt repayment plan to jumpstart her goals.

Then she tracked her expenses. She noticed that she was spending $ 3,000 a month too much. She adjusted her spending habits to avoid living paycheck to paycheck. She notably reduced her spending by using coupons and savings strategies, reducing her grocery bill from $ 800 to $ 500 per month.

Two months later, she implemented the debt snowball method. This strategy focuses on paying off smaller balances first and then scaling up to tackle larger debts. In 15 months, she paid off $ 160,000 in credit card debt, the mortgage on a rental property and student loans. She even started paying herself first and funding her retirement accounts.

“The biggest mistake I made before creating my first budget was never to pay myself first,” Watson-Harkness wrote in the CNBC article. “I’ve always paid my bills and everyone else before I put any money in my savings or put anything aside for personal purchases.”

Helping Others Reduce Debt and Build Wealth

Watson-Harkness understands the impact debt can have on a person’s life, especially when you lose a job. Fortunately, she was able to repay the majority of her debt before she was laid off. Now she is committed to helping other women build a financial cushion.

In December 2019, Watson-Harkness decided to use their financial management experience to start Dollars make cents – – a financial education company that helps millennial women achieve financial independence.

“Today, through my business, I strive to help women understand that wealth creation can be achieved with consistency, discipline and having a vision for how you want to live your life at the future.”

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Shutterstock integrates with Google Drive ™ for Enterprise, unlocking direct access to high-quality images in Google Workspace Thu, 22 Apr 2021 11:00:00 +0000

With this integration, Shutterstock Enterprise customers can automatically sync previously licensed and newly licensed Shutterstock creative images directly with Google Drive for Enterprise. These images are easily accessible through Google Workspace collaboration tools including Gmail, Google Docs, Google Slides, Google Sites, Google Jamboard, etc. .

“The integration with Google Drive for Enterprise advances our mission of democratizing Shutterstock content, making it available everywhere,” said Stan pavlovsky, CEO of Shutterstock. “We’re committed to enabling our customers around the world to work faster and smarter, and now Shutterstock Enterprise teams can access high-quality licensed visuals directly from Google Drive, which inspires creativity. and dramatically reduces the time spent searching for content. ”

Shutterstock Enterprise customers can access the following from the Google Drive integration:

  • Seamlessly synchronize and centralize creative Shutterstock images: Rather than manually downloading and uploading images, customers can simply search and insert Shutterstock content without leaving the Google Business suite.
  • Quickly find metadata and reuse licensed content: Using Shutterstock’s search capabilities, users can quickly find the right image without having to dig through complex folder structures. Metadata tags including image description, username and more make it easy for users to search Google tools to find previously licensed creative images for marketing, press, advertising , internal communications and more, all with worry-free license protection.
  • Automatically map license information and usage rights: The integration also maps and embeds the license information in each image, including the license type. This helps teams track licensing and media usage across channels to comply with usage rights.

Today, millions of teams from various industries depend on Google Drive and Google Workspace, including its cloud-based applications like Gmail, Google Docs, Google Forms, Google Jamboard, Google Sites, Google Sheets, Google Slides and more, to collaborate and work more. effectively. According to Total economic impact of Google Workspace Forrester’s study, companies see significant success with Google Workspace, such as 171 hours of savings per user per year, an average of about 21 days.

Shutterstock is excited to help teams find even greater success through API integration with Google Drive for Enterprise, made possible by Workato, giving Google’s enterprise platform access to images. high quality, plus the flexibility to collaborate and share content faster than ever. .

To learn more about integration, visit, or contact the Shutterstock Enterprise Integration team directly at [email protected].

About Shutterstock, Inc.

Shutterstock, Inc. (NYSE: SSTK), is a leading global creative platform providing end-to-end solutions, high-quality content and tools for brands, businesses and media companies. Directly and through its group subsidiaries, Shutterstock’s complete collection includes high-quality licenses, photographs, vectors, illustrations, videos and music. Together with its growing community of over 1.6 million contributors, Shutterstock adds hundreds of thousands of images every week and currently has over 360 million images and over 21 million video clips.

Based at New York City, Shutterstock has offices around the world and clients in more than 150 countries. The company also owns Bigstock, a value-oriented media offering; Shutterstock Studios, a personalized end-to-end creative boutique; Offset, one premium image collection; PremiumBeat, a priest Royalty free music library; and Shutterstock Editorial, one of the main sources of editorial images and videos for media around the world.
For more information, please visit and follow Shutterstock on Twitter and on Facebook.

SOURCE Shutterstock, Inc.

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The enticing mixture that Lih Tai Building Enterprise Co., Ltd. may give (GTSM: 5520) a spot in your dividend portfolio Fri, 26 Feb 2021 04:13:01 +0000

Lih Tai Building Enterprise Co., Ltd. (GTSM: 5520) may it’s an attention-grabbing dividend share to carry for the long run? Buyers are sometimes drawn to sturdy corporations with the concept of ​​reinvesting dividends. In the event you’re hoping to reside off dividend revenue, it is vital to be lots stricter along with your investments than the typical bettor.

Excessive yield and a protracted historical past of dividends are a horny mixture for Lih Tai Building Enterprise. It would not be a shock to search out out that many buyers are shopping for it for dividends. The corporate additionally repurchased shares through the yr, representing round 3.6% of its market capitalization on the time. A easy evaluation can provide a number of data when shopping for a enterprise for its dividend, and we’ll go over it under.

Click on on the interactive chart for our full dividend evaluation

GTSM: Historic dividend 5520 February 26, 2021

Payout ratios

Dividends are typically paid out of the corporate’s earnings. If an organization pays extra dividends than it has earned, then the dividend might grow to be unsustainable – this isn’t an excellent state of affairs. Subsequently, we must always all the time test whether or not an organization can afford its dividend, measured as a proportion of an organization’s internet revenue after tax. Lih Tai Building Enterprise has paid out 44% of its earnings within the type of dividends over the previous twelve months. That is a median payout degree that leaves sufficient capital within the enterprise to fund any alternatives which will come up, whereas additionally rewarding shareholders. As well as, it’s potential to extend the payout ratio over time.

One other vital test that we do is to see if the free money stream generated is enough to pay the dividend. Of the free money stream generated final yr, Lih Tai Building Enterprise paid 48% as dividends, which means that the dividend is inexpensive. It’s optimistic to see that Lih Tai Building Enterprise’s dividend is roofed by each earnings and money stream, as that is normally an indication that the dividend is sustainable, and a decrease payout ratio normally suggests a larger margin of security earlier than the dividend is lowered.

With a robust internet money steadiness, buyers in Lih Tai Building Enterprise might not have to fret about dividends within the quick time period.

Make sure you get our newest evaluation on Lih Tai Building Enterprise’s monetary situation right here.

Dividend volatility

Earlier than shopping for a inventory for revenue, we need to see if dividends have been steady previously and if the corporate has a historical past of sustaining its dividend. For the needs of this text, we’re solely trying on the final decade of Lih Tai Building Enterprise dividend funds. The dividend has been lowered on at the least one event previously. Over the past 10-year interval, the primary annual fee was NT $ 1.8 in 2011, in comparison with NT $ 1.9 final yr. Dividend funds elevated by lower than 1% per yr throughout this era.

Modest dividend progress is sweet to see, however we consider that is offset by historic reductions in funds. It’s tough to reside on dividend revenue if the corporate’s earnings are usually not constant.

Potential for dividend progress

For the reason that dividend has been lowered previously, we have to test if the earnings are rising and if this might result in larger dividends sooner or later. The sturdy progress in earnings per share (EPS) may encourage our curiosity within the firm regardless of the fluctuating dividends, which is why it’s nice to see that Lih Tai Building Enterprise has elevated its earnings per share by 12% per yr over the course of over the previous 5 years. Earnings per share have grown at a very good tempo and the corporate pays lower than half of its earnings as dividends. We typically suppose that is a horny mixture, because it permits extra reinvestment within the enterprise.


To sum up, shareholders ought to all the time confirm that Lih Tai Building Enterprise’s dividends are inexpensive, that its dividend funds are comparatively steady, and that it has an honest outlook for its earnings and dividend progress. First, we like the truth that Lih Tai Building Enterprise has low and conservative payout ratios. We had been additionally completely happy to see its earnings enhance, nevertheless it was regarding that the dividend had been lowered at the least as soon as previously. All issues thought of, Lih Tai Building Enterprise seems to be like a strong prospect. On the precise evaluation, this could possibly be one thing particular.

You will need to word that corporations with a constant dividend coverage will generate larger investor confidence than these with an irregular coverage. Nonetheless, there are a bunch of different components that buyers want to contemplate, except for dividend funds, when analyzing a enterprise. For instance, we now have chosen 1 warning signal for Lih Tai Building Enterprise that buyers ought to know earlier than committing any capital to this inventory.

In search of extra excessive yield dividend concepts? Strive our listing of dividend paying shares with a yield above 3%.

If you wish to commerce Lih Tai Building Enterprise, open an account with the most affordable platform * permitted by professionals, Interactive brokers. Their purchasers in over 200 nations and territories commerce shares, choices, futures, currencies, bonds and funds all over the world from a single built-in account.

This Merely Wall St article is basic in nature. It isn’t a suggestion to purchase or promote any inventory, and doesn’t have in mind your targets or your monetary state of affairs. We intention to carry you long-term, focused evaluation based mostly on elementary information. Word that our evaluation might not have in mind the most recent bulletins from value delicate corporations or qualitative data. Merely Wall St has no place in any of the shares talked about.
*Interactive Brokers ranked Least Costly Dealer by Annual On-line Evaluation 2020

Do you could have feedback on this text? Involved concerning the content material? Get in contact with us instantly. You may also ship an electronic mail to the editorial workforce (at)

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