Fire Drill Rehearsal
August 16, 2011 – 4:15 p.m. by: Jo-An Marie Meñosa, MBA
The National Institute Technology conducted a Fire Drill for both WACE and IUP Departments last August 11, 2011 at exactly 3:45 pm, with a fake smoke and emergency alarmed activated. The fire drill was successfully implemented and student’s reactions are mixed. Some students are confused, stunned, laughed or even excited about what is going on. During this exercise, teacher’s job is to lead students to the nearest exit and to get them to leave within a reasonable length of time. Surely with more fire drill exercise, students are going to be prepared for any fire situations that will happen in the future. Fire drill is a method of practicing the evacuation of building for a fire and other emergency. The emergency system is activated and building is evacuated as though real fire has occluded. It is responsibility of the school to implement awareness in fire conditions. Good work everyone!
FYI: Ways to beat Inflation.
August 16, 2011 – 4:15 p.m. by: Jo-an Marie Meñosa, MBA
According to tradingeconomics.com, Inflation rate in China was last reported at 6.5 percent in July of 2011. It is really depressing especially for low-income earners. Inflation affects our purchasing power especially on our demand on goods and services. Most of us save as much as we can but no matter where you put it, it is certain that we are losing money every day. If you want to cast a wider net of your savings, there are certain ways to overcome inflation that is subtly eroding our money in our wallet.
1. Own stocks –A stock is a share in a business that probably owns at least some hard assets and has some prospects for increasing its prices as the dollar falls in value.
2. Put at least a third of your investable assets in equities. Put in more if you don’t own a home.
3. Banks - Check the banks for different interest rates for both savings and loans. Don't just go with anyone go with anyone, get the best rates possible.
4. So much for investment and equities, what about for everyday savings on your cost of living? How can we beat inflation?
a) Budget -The first way to save money is to identify what you have to spend and what your weekly costs are. Plan a long-term budget.
b) Have less money in your purse – having lots of cash in your wallet grind down the value of your money
c) Eat At Home - Stop eating out and start eating at home you will save a lot this way and you will know what is in the food.
d) Use Power Saving Appliances -Keep your power bills down by using energy saving appliances.
e) Use bicycle or take a walk when going to short distances – a good way for healthy body and mind and so thus keeping a greener environment.
f) Barter/Bargain/Haggle -If you try to bargain down every single purchase you make then you will save a phenomenal amount of money. You won't believe how successful a little haggling can be.
g) Never Shop Hungry -People who shop on an empty stomach buy more than they need and they also buy excess junk food.
If I will list down all cost saving measures it will take several pages, think about it, it is not hard to save money, it just take a an ounce of discipline on our part on how to take care of our finances so that we can make it through with this present market conditions. And who knows in the midst of inflation we can save more and build more wealth in the future. Hope you learn something on this week’s news. Until next time, “Buena dia y Adios”