Mums Finance

Finance is in the eye of the consumer

Copyright (c) 2006-2007 Wendy Reid.

Archive for November 21st, 2007

Nov
21

Child benefit fiasco

Posted by Wendy under Finance UK

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The Dept of Revenue and Customs, as well as the Govt, has gone into massive damage control mode since a junior civil servant ‘lost’ the personal details of 25 million child benefit recipients this week. The personal information of every parent in the UK was downloaded onto two unencrypted CD discs and subsequently lost in the mail.

The population are questioning how a junior civil servant had access to such sensitive data; the fact is he/she would have been authorised in line with their job. But he/she was totally unauthorised to simply post via mail these discs. He/she should have followed dept guidelines and personally delivered these discs to their destination.

Fears of the threat of identity fraud are being taken seriously with people being urged to keep a check on their bank account details. Information such as this would be a veritable gold mine should it fall into the wrong hands and could easily be released around the world via the internet within a matter of hours. No wonder the people are angry and no wonder Alistair Darling and his colleagues are ducking for cover.

The writers of ‘Yes, Prime Minister’ would have a field day with this one.

Copyright © 2007-2008 by Mums Finance. All rights reserved.

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Nov
21

Top 50 Businesswomen

Posted by Wendy under Finance US

Fortune Magazine has published it’s list of the top 50 female earners for 2007. Topping the list is Chairman and CEO of PepsiCo Indra Nooyi who has overseen the company’s interests boom profit-wise last year. The company recorded a revenue of 35 billion dollars with operating profits of 6.4 billion.

Since she played a key part in the acquisition of Quaker Foods in 2001 success has seen profits rise to 13 billion dollars with operating profits rising to 1.9 billion. In May Indra was appointed Chairman; under the continued directorship of Indra the companies interests go from strength to strength.

Meg Whitman of Ebay stands at number 3 and perennial Oprah Winfrey retains her position in the line up at number 8; impressive stuff and also interesting to see though that Martha Stewart has exited the ‘top ten’ and currently stands at 28.

In all, pure inspiration.

Copyright © 2007-2008 by Mums Finance. All rights reserved.

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Once you have decided what your blog will be about you need to give it a title and register it so that it is yours. Try to decide on a title that is relative to what you are blogging about. For example, I wanted this blog to be about women and finance with Mum’s in mind. Hence ‘Mums Finance’.

Next step visit the site GoDaddy.com and in the ‘domain name search’ window type in your title to see if your name is available. Now, preferrably your title should be a dot com rather than a dot org or net. Dot com is more global and commercial and much preferred by advertisers. When you type in your title, i.e. mymoney.com, it may come up as ‘taken’ but the same title may be available as a dot org, dot net, dot uk etc. Instead of going for these play around with your title, change it around a bit, and keep trying the dot com option until you hit on an available domain. 

If you find it is available it may also come up as a ‘premium domain’ in which the price for it will be hundreds or even thousands of dollars. Unless you are prepared to pay this money - and go ahead for sure if you can afford it - go back to the drawing board until you get a dot com domain name that only costs $9.99 for a year or so. It may take a while, and you will see that many people before you have had the same idea and registered it first. Keep at it though until you land on a dot com domain that suits you, your budget and your blog. GoDaddy have great ’specials’ as well so you could land a great domain name for as little as $6.99. Start out with a years registration, you can always renew it later on.

Fill out the required information and use your credit card to pay…once you’ve done that you are now a dot com!.

Copyright © 2007-2008 by Mums Finance. All rights reserved.

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