How do you apply the time value of money concept to make decisions in your personal life?


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You know that within the field that I am in right now I use time value of money everyday. When I go to work I make a goal for me to reach each shift on how much tips I want to make that day. It all depends on the type of service that I give to my customer’s. If I do not treat my customer’s like they are number one on my checklist, and make sure that they have everything that they possibly need for their meal I will not make any money. If I do not walk around with a smile on my face this is going to hurt my pocket as well. People do not want to come in and see their server in a bad mood or not smiling. Many people want to see an outgoing person with a great personality, and they want to make sure that their food comes out the way that the customer wants it. If I do not make the goal that I have set out then I have not provided the right service to these customer’s. The weekends are totally different because the goals are set a little higher in order for me to make the budget that I have set out. The way that I use time value of money within this daily agenda through the week my goal is to make $40.00 per shift. On the weekends I set a goal of $60.00 per shift and normally you will go over the goal. We use time value of money in everything that we do in our daily lives to set goals for our children’s education, or buying a new car, buying a house, and anything else that we do. There are many ways to use the time value of money in quantitative reasoning in business by weighing the pros and cons of everything that you do now and in the future. Even when I have my own business I will set much higher goals on the amount of money that I want to earn within that day.

The Smell of Success


Another milestone in my life finally achieving a Master’s degree, and this ends another chapter in my life. What an accomplishment now new doors opening as I type this article. I have achieved quite a few things in my life so far. I am proud of the accomplishments that I have achieved in the past ten years. The smell of success thrills me because it was something that I accomplished. The past eight years was a learning experience like no other that I will experience. There was a time when I did not want to learn and quit school because I did not like it. However, raising children I found it necessary to show them that you can do whatever your heart desires. You can be anything that you want and go where you want to go. Your future is what you make it and if you do not have the time to put the effort into learning all that you can Shame on you. I am now writing for contractors on odesk and find it a rewarding experience. I write, and rewrite articles for other people and learn the different techniques used to make an article an excellent piece of work. I enjoy writing everyday about the things that I have done, the people I have talked to, and other things that happen. Everyone asks what you are going to do now that you have graduated. Well to tell you the truth I am not sure because the state of the economy is not in good standing. I am working on different angles to put my education to good use. I love to write therefore, I choose to write for other people on odesk. Eventually, I will achieve another set of goals that I am working on right now. It is time to make another list to work on throughout the upcoming years. Furthermore, I plan to become an excellent writer in the upcoming months. I love the fact that I am making money off writing articles for other people it may not be much at least it is something. I have learned over the years that you have to work hard for what you want out of life. I have learned that you should not take anything for granted because you may not have it one day. Throughout the years, I have made some mistakes and learned from them. I am not perfect and neither is anyone else in this world. Life is what you make it and something will come along when it is time I am sure of it. I have worked hard the past eight years to accomplish my dreams. Now it is time to put the education that I have to use doing something that I love to do. Writing stories and articles is a truly rewarding experience because you can use your imagination to make something come alive. Now here I am telling the whole world about my accomplishments. I am not asking for anything I am merely bragging about the accomplishments that I have made over the past few years. I have decided to make something of myself and becoming a writer is a wonderful goal.