Do you have the "gift of gab" and want to put your money where your mouth is, somewhat literally? Using your voice to help you career-wise is perfect for those who love to talk and do it well. There are specific careers that are well-suited for folks who thrive on inter-personal communication done the old-fashioned way, you know, before texting was the norm. No more keeping quiet on the job front when you can talk your way to the top.
Advertising Sales Representative
Communication is key wirthconsulting.org
If you are a big talker with genuine charisma and trustworthiness, ad sales may be your calling. Being a rep will put you in front of lots of potential clients, or at least on the phone with them. You will need to not only know the ins and outs of what you are selling, but how to convince people to buy into your marketing.
As Monster notes, "A key to their (ad sales reps') success? Developing solid relationships with their clients, which, of course, means having lots of conversations."
Career Builder adds, "Even after a sale, staying upbeat is a huge part of the job, so non-talkers need not apply."
Being able to speak with customers is a valuable skillvceplus.com
If you are not only the chit-chatty type but also enjoy solving problems and helping others, customer service would serve you well. As per Monster, "Customer service reps are constantly fielding questions and concerns from customers, either over the phone or face-to-face. Customer service reps are expected to have all the answers and be able to communicate clearly."
You will need plenty of patience when customers call in with a gripe, but if you can put your top-notch talking skills to task, both parties will wind up satisfied in the end.
Effective communication is an essential part of teaching dreamstop.com
Teachers and professors talk nearly all day long. Communicating with students clearly and impactfully is a must in order for the lessons to be well-presented and powerful. Monster notes, "Teachers must have the stamina to talk throughout the day, often repeating the same material to different classes of students."
As Career Builder points out, "No matter what age you teach, your speaking skills are crucial to being a successful mentor and inspiring your students. Teachers are some of the best communicators around." Have you thanked a teacher lately?
Persuasive talker? this could be the career for you! sciencenews.org
A quiet lawyer in the courtroom is not the one you'd want to represent you. As Business Insider explains, "The ability to communicate well is crucial to any lawyer's success. They need to be able to talk with clients, argue motions, meet with judges, and question witnesses during the course of a trial. Many also have to present evidence to defend clients or prosecute defendants in criminal or civil litigation — and how they do so, verbally, can determine the outcome of a case."
There is a load of preliminary work, back and forth communication, following up, and following through. Attention to detail is of the essence along with confidence and compassion that must come through when speaking.
Being the face of a brand or campaign takes A+ communication mediabistro.com
In PR, you are representing someone else, so not only will you need to come forth as well-versed and outgoing, but you will need to leave a lasting impression. A positive one.
According to Career Builder, "Most public relations executives need to spend a great deal of time communicating their clients' messages to media. Pitching journalists is a large part of the job, which is perfect for talkers."
Monster adds, "They're constantly meeting with people and making phone calls." If you consider yourself a "Chatty Cathy" or "Chad," then public relations can be fulfilling. Talk up your clients… and talk some more!
Be heard on the job front. Mimes need not apply.
When you take out a loan for a car, charge something to your credit card, or get a personal line of credit, there is going to be an interest rate that applies to your loan.
A lot of different factors go into what you will be charged, including your own personal credit score. But even those with flawless credit still see a minimum charge that they can't get around. That all goes back to the Federal Funds Rate.
One thing consumers rarely realize is that all of our banks are lending money to each other every night. Banks are legally required to maintain a certain percentage of their deposits in non-interest-bearing accounts at the Federal Reserve to ensure they have enough money to cover any withdrawals that may unexpectedly come up. However, deposits can fluctuate and it's very common for some banks to exceed the requirement on certain days while some fall short. In cases like this, banks actually lend each other money to ensure they meet the minimum balance. It's a bit hard to imagine these multibillion-dollar financial institutions needing to borrow money to tide them over for a bit, but it happens every single night at the Federal Reserve. It's also a nice deal for those with balances above the reserve balance requirement to earn a bit of money with cash that would normally just be sitting there.
The Federal Reserve
The exact interest rate the banks will charge each other is a matter of negotiation between them, but the Federal Open Market Committee (FOMC) (the arm of the Federal Reserve that sets monetary policy) meets eight times a year to set a target rate. They evaluate a multitude of economic indicators including unemployment, inflation, and consumer confidence to decide the best rate to keep the country in business. The weighted average of all interest rates across these interbank loans is the effective federal funds rate.
This rate has a huge impact on the economy overall as well as your personal finances. The federal funds rate is essentially the cheapest money available to a bank and that feeds into all of the other loans they make. Banks will add a slight upcharge to the rate set by the Fed to determine what is the lowest interest that they will announce for their most creditworthy customers, also known as the prime rate. If you have a variable interest rate loan (very common with credit cards and some student loans), it's likely that the interest rate you pay is a set percentage on top of that prime rate that your lender is paying. That's why in times of low interest rates (it was set at 0% during the Great Recession), a lot of borrowers should go for fixed interest rate loans that won't increase. However, if the federal funds rate was relatively high (it went up to 20% in the early 1980's), a variable interest rate loan may be a better decision as you would be charged less interest should the rate drop without the need to refinance.
The federal funds rate also has a major impact on your investment portfolio. The stock market reacts very strongly to any changes in interest rates from the Federal Reserve, as a lower rate makes it cheaper for companies to borrow and reinvest while a higher rate may restrict capital and slow short-term growth. If you have a significant portion of your investments in equities, a small change in the federal funds rate can have a large impact on your net worth.
Whether you're leaving a job involuntarily, departing for something new, or just want to prepare for the unknown, it is smart to understand all your options regarding your 401k.
Frugal gifting often gets a bad reputation. However, this shopping method does not make you cheap — it makes you practical. Frugal gifts often avoid waste and overspending and can be just as meaningful (if not more so) as any other present.
With the National Retail Federation predicting each consumer this holiday season to spend upwards of $1,000 on holiday gifts amidst an economic recession —this year might be the perfect time to reconsider your spending budget. We've formulated the ultimate list of frugal gift-giving ideas to get you started.