Commodity money

any social contributions, income taxes, etc., payable to employees.” It essentially is the monthly, or sometimes, weekly amount of money that the employees are getting paid by their employers because of their contract. One thing that all working people have in common, is the income tax that they have to pay, based on the amount of money that they earn, the more money you earn, the more tax you are going to pay. The income tax is not required to be paid by people that are either in full time…

the home taking care of that child. Making sure that you have all of your ducks in a row so that money coming into the home is not disrupted is the best idea before going and buying a home. Planning for any adverse future events is the best option. Finally, setting a budget that the whole family can adhere to is a good idea before deciding to buy a home. One needs to make sure that there is money left over for savings in case something happens that cannot be avoided. Also, setting a budget…

mcdouble at McDonald’s cost $1.50, if the minimum wage was to go up, the cost would be very different. I imagine the same hamburger would sell for $5. Minimum wage was originally intended for part time workers and high school workers who want a little money in their pockets. I agree with Bernie Sanders on his website when he says that for those who work 40 hours a week under minimum wage should not be in poverty, but we should not raise the minimum wage to help the adults that are living off of…

lifetime. While student loans may provide assistance in finishing college, McArdleBloomberg argues “that much of the economic benefit of college is the credential, rather than the education”(McArdleBloomberg) furthering that students spend ample money and end up not learning the materials. While that may be true, students still believe in that doing well in school will guarantee a job. From that, these students will exhaust themselves through these loans and still end up with massive debts…

Every day, in training and tournaments, an athlete may suffer an injury that could terminate his or her booming career. Professional athletes are also having issues in managing their finances, thus, offering the additional slot on how to handle the money that they earn. Concisely, college sports contribute to the promotion and marketing of an institution. The sacrifice that the athletes undertake to risk their lives in sports and win the tournaments to build the brand of their school needs to…

the athletes publicity is producing revenue for universities and the NCAA (Breslow, 2013). While controversy throughout this pivotal topic is understandable, college athletes should not receive additional financial help because education leads to money, payment plans would be a disaster, and college athletes receive “lavish” benefits. Paying college athletes for publicity rights stirs up extreme controversy as the NCAA received numerous complaints. The issue here is whether student-athletes,…

When you visit the doctor’s office a person doesn’t think about all the steps it takes to process your visit and what the office does to receive payment from the insurance company. As a patient, the focus is seeing the doctor, telling him or her the symptoms, getting the doctor’s assurance that your health will be back to normal in a few days to a week and getting a prescription for medication. There is a process to making the following steps work smoothly and precisely. The procedures begin…

What is happiness? Many ponder that question, from philosophers like Aristotle and Socrates, to contemporary researchers and academics. Indeed, many have investigated a hypothesized correlation between money and happiness, with a landmark 1974 study by Richard Easterlin arguing the conclusion that income does not inherently promote happiness (Gomez-Mejia, Balkin, & Cardy, 2012). Easterlin instead suggested that one’s income relative to their peers matters rather than their absolute income, as…

businesses will increase product. People are willing to spend more money because times are good for them at the moment and they are very optimistic about the future. During the peak period the economy is at its highest point. This means that prices will be high because demand is high. During the recession period the economy is declining. This means that people are losing their jobs and production is slowing. People are spending less money. During a tough the economy is at a standstill. Based on…

The relationships between healthcare providers, patients, third-party payers and practice extender create opportunities and challenges for today’s physicians. Engaging external partners to facilitate revenue cycle management can mean the difference between a practice that enjoys a healthy financial status and one that struggles to make ends meet. How much do Revenue Cycle Management (RCM) Services Cost? There is not a standard fee for RCM services. Each contract is individually crafted to…