Case Study On HR Planning

Ms. Barnacles has a MBA-Human Resources Management from Winston Churchill University and has been instrumental in formalizing the organization's HR's arrangements and techniques. Inhabitance rates in the medical clinic had run somewhere in the range of 76 and 82 percent from 1987 to 2012. Be that as it may, from that point forward, inhabitance has tumbled to 57 percent. Such decreases have not been unordinary for this industry during this period because of the accentuation of on outpatient benefits and expanding competition.However, the decay inning inhabitance rate has influenced this medical clinic incomes to such a degree, that it ran a shortage just because a year ago. The main reaction to these progressions hitherto has been a fixing of necessities for hardware or apply buys. At the latest quarterly gathering of the Board of Directors on July 31 , 201 3, DRP. Imides Gigantic introduced the fairly disheartening budgetary picture. The anticipated deficiency for 2013 was PH 3,865,0 00. 00 except if some extra income sources were recognized or some extra reserve funds were found.The Board's suggestion, in light of the prompt emergency and need to produce transient sparing, was that representative cutbacks were the main practical other option. They suggested that DRP. Imides Gigantic consider laying-off up to 10 percent of the medical clinic's representative's with an accentuation on hose in â€Å"non-essentials† zones. DRP. Immense reacted that the clinic workers had never been laid off throughout the entire existence of the organization. Also, she saw the representatives as a major aspect of the â€Å"family/' and would have incredible trouble in executing such lay-off.Nevertheless, since she had no reasonable momentary option for shutting the â€Å"revenue gap†, she hesitantly consented to actualize the cutback strategy which would be as reasonable as conceivable to all workers, with assurance of reemployment for those laid off, and to discover extra income sources so cutbacks would be pointless later on. DRP Gigantic called Tees Barnacles into her office the following morning, shared her interests, and requested that her get ready both a transient intend to spare PH over one year from now through worker lay-offs just as long haul intend to stay away from cutbacks in the future.Her concerns were that the cutbacks themselves may be exorbitant as far as lost interest in a portion of the laid-off representatives, lost productivity, likely claims, and lower spirit. She was worried that the rules for the cutback not exclusively be evenhanded, yet in addition have all the earmarks of being impartial to the workers. She additionally needed to ensure that those being laid off got adequate† notice so they could make elective arrangements or so the medical clinic could help them with discovering elective employment.Since the emergency clinic has no past involvement in representative cutbacks and no association contract requir ements, her inclination was that both rank and occupation execution ought to be considered in figuring out who might be laid off. Tees knew the medical clinic's exhibition examination framework was lacking and should have been patched up. While this assignment was high on her â€Å"to do† list, she likewise realized she needed to push forward with her proposals on cutbacks right away. The current reference evaluation framework utilizes a customary agenda rating scale with rundown rating.Since there is no constrained circulation, the normal appraisals of representatives in various offices shifts broadly. Display 2. 1 . Shows the synopsis appraisals of representative's in every office. Most bosses in all divisions rate the greater part of their subordinates either â€Å"satisfactory' or â€Å"outstanding. † Tees has done a speedy audit of those workers whose general evaluations Were â€Å"unsatisfactory† or â€Å"questionable†. Most are representative's wi th under three years of status, while, the â€Å"satisfactory† worker has worked for Sat. Fiber around seven years. Tees is getting ready to present her proposals to DRP.Gigantic and has come to YOU, HER Consultant, for guidance. Display 2. 2 gives a rundown of the dispersion of representatives and finance cost by office for the latest year. Questions: 1. Distinguish the serious issue or issues and their causes. 2. What are a few choices for managing these issues? For instance is it conceivable to maintain a strategic distance from cutbacks using steady loss? 3. Build up an arrangement for executing representative cutbacks throughout the following year which will produce 3 million pesos is reserve funds. Give explicit insights about condos influenced, the utilization of status versus merit, the measure of notice, and out-position exercises.

Sarbanes-oxley act 2002 Essay Example | Topics and Well Written Essays - 500 words

Sarbanes-oxley act 2002 - Essay Example Because of this the U.S Congress gave a demonstration which was later known as the Sarbanes Oxley Act of 2002. The demonstration tends to a wide range of issues and is compulsory upon each open association to follow (inside the United States of America). The demonstration comprises of 11 areas which run from the additional obligation being upheld upon various organization sheets to various criminal punishments if the rules of the Sarbanes Oxley Act are not followed. Other than such segments, the demonstration needs the Securities and Exchange Commission to guarantee that such rules and rules are trailed by all the individual organizations or not. The demonstration centers around issues, for example, corporate administration, interior control appraisal, evaluator appraisal, and so on. The demonstration made a Public Company Accounting oversight board which was made capable to oversee and regulate review organizations which go about as evaluators of various open organizations. Sarbanes Oxley Act 2002 is to a greater extent a Rules-Based methodology where rebelliousness would prompt overwhelming punishments (counting some criminal indictment too). It is a prerequisite under the US stock trade guideline to consent to SOX and a freely held organization needs to follow the demonstration (privately owned businesses are absolved from its application).

Franks Midterm Survival Guide

Franks Midterm Survival Guide I hate midterm season. Youre stressing out all week, spending the majority of your day in the library, and sleeping late to cram material. Worse yet, you have to balance studying with all your other classes going on. Its a rough and unpleasant period in the school year. Although Ive only been here for a little over a year, Ive lost count of how many midterms Ive sat through. What I do remember is that while Ive bombed my fair share of exams, Ive aced several, too. I now have a routine which works for meâ€"hopefully some of these tips help you as well. Start as early as possible. Classes will usually release midterm dates on the syllabus or at least two weeks before the exam. Note these dates down and start studying as early as possible! If you study an hour a day for two weeks, youve got at least 14 hours under your beltâ€"which is no small amount for any midterm. Starting early has two big benefits: firstly, it gives you plenty of time to cover all of the material you need to know, and secondly, its not as stressful. It does take a lot of discipline to sit down and follow a schedule, but starting early is worth it. If you have to cram, cram efficiently. Pulling an all-nighter fueled on caffeine is REALLY not fun, so Id try to avoid doing it at all costs. Unfortunately, sometimes you have to, so you might as well know how to do it well. If you start studying for an exam a day or two before it happens, dont bother going through lecture notesâ€"thatll take too long. Try find exams from the past on your course website and do as many of those as you can. Past exams are great for preparing you for the difficulty and nature of the questions that youll be tested with. Start by working through them slowlyâ€"make sure you understand the answers fully instead of just copying them down. Eventually, youll get the hang of things and be able to answer most questions on your own. Cramming works, but it feels awful and isnt as effective as starting early. Only do it if you really have no other optionâ€"there are plenty of better and less stressful study methods. Study smart, not hard. Copying out 15 lecture slides and trying to remember every single detail on each isnt just time consumingâ€"its unrealistic as well. Look for terms or topics your professor has highlighted and focus on those. Actively filter out material you wont needâ€"mindlessly copying terms down wont help you understand them. What I like to do is take notes on every lecture, and then try condense everything onto a single sheet of paper. Writing down everything twice helps reinforce concepts, and the single sheet forces me to cut useless content. Additionally, if youre in a course that allows you to bring a cheat sheet into the midterm, you can use this piece of paper! Go to the library. I find studying in my room too distracting. One moment youre drawing chemical molecules and compounds for your Organic Chemistry exam, the next youre lying on your bed scrolling through Instagram with The Office playing on the TV. Going to the library gives you a quiet environment and forces you to study. There are little to no distractions in a library, so you can completely focus on getting your work done. Plus, there are several gorgeous libraries on campus: my personal favorites are the Funk (ACES) Library and the Mathematics Library in Altgeld Hall. There are many more great spots to study on campusâ€"go to them! Although its a little far, the Funk Library is almost never crowded and is one of my favorite places to study. Take care of yourself. When you finally take that exam, the last thing on your mind should be what youre going to have for dinner. Eat normal meals, sleep a healthy amount, and take breaks. Your mind functions best when you feel your bestâ€"a diet of Red Bull and 2 hours of sleep isnt going to make you feel very good. Midterms are tough. No one likes them. But its something everyone has to go through. At the end of the day, you will be okayâ€"one bad midterm score doesnt mean youve failed your course and certainly doesnt define your intelligence. Keep your head up and keep working hard. It will always work itself out. Franklin Class of 2022 I grew up in Hong Kong, China, and I’ve come across the world to Illinois to major in Astronomy in the College of Liberal Arts and Sciences. I’ve always thought outer space is super cool, and I love that I’m learning everything that I can about it at Illinois.

Maya Bloodletting Rituals - To Speak to the Gods

Bloodletting—cutting part of the body to release blood—is an ancient ritual used by many Mesoamerican societies. For the ancient Maya, bloodletting rituals (called chahb in surviving hieroglyphs) were a way that Maya nobles communicated with their gods and royal ancestors. The word chahb means penance in the Mayan Cholan language, and may be related to the Yukatekan word chab, meaning dripper/dropper. The blood-letting practice usually involved only the highest nobles who would perforate their own body parts, mainly, but not only, their tongues, lips, and genitals. Both men and women practiced these types of sacrifices. Ritual bloodletting, along with fasting, tobacco smoking, and ritual enemas, was pursued by the royal Maya in order to provoke a trance-like state (or altered state of consciousness) and thereby achieve supernatural visions and communicate with dynastic ancestors or underworld gods. The trances were to petition their ancestors and the gods for rain, good harvests, and success in warfare, among other needs and desires. Bloodletting Occasions and Locations Bloodletting rituals were usually performed on significant dates and at scheduled state events through the Maya ritual calendar, especially at the beginning or end of a calendar cycle; when a king ascended to the throne; and at building dedications. Other important life stages of kings and queens such as births, deaths, marriages, and the beginnings and ends of war were also accompanied by bloodletting. Bloodletting rituals were usually carried out in private, within secluded temple rooms on the top of pyramids, but public ceremonies celebrating the bloodletting rituals were organized during these events and masses of people attended them, crowding into the plaza at the base of the main pyramid of the Maya towns. These public displays were used by the rulers to demonstrate their ability to communicate with the gods in order to obtain advice on how to balance the world of the living and to ensure the natural cycles of the seasons and stars. A statistical study by U.S. archaeologist Jessica Munson and colleagues (2014) found that most references to bloodletting on Maya monuments and in other contexts are from a handful of sites along the Usumacinta River in Guatemala and in the southeastern Maya lowlands. Most of the known chahb glyphs are from inscriptions that refer to antagonistic statements about warfare and conflict. Bloodletting Tools Stone Seat with Polychrome Reliefs Depicting Self-Sacrifice (Zacatapalloli), House of Eagles, Templo Mayor, Mexico City, ca. 1500. De Agostini / G. Dagli Orti / Getty Images Piercing body parts during bloodletting rituals involved the use of sharp objects such as obsidian blades, stingray spines, carved bones, perforators, and knotted ropes. Equipment also included bark paper to collect some of the blood, and copal incense to burn the stained paper and provoke smoke and pungent odors. Blood was also collected in receptacles made out of ceramic pottery or basketry. Cloth bundles are illustrated on some of the murals, thought to have been used to carry around all the equipment. Stingray spines were definitely a primary tool used in Maya bloodletting, despite, or perhaps because of, their dangers. Uncleaned stingray spines contain venom and their use to pierce body parts would have caused a great deal of pain, and perhaps include deleterious effects ranging from secondary infection to necrosis and death. The Maya, who regularly fished for stingrays, would have known all about the dangers of stingray venom. Canadian archaeologist Haines and colleagues (2008) suggest that it is likely that the Maya either used stingray spines that had been carefully cleaned and dried; or reserved them for special acts of piety or in rituals where references to the necessity of risking death was an important factor. Bloodletting Imagery Late Classic Limestone Lintel at Maya Yaxchilan. Arild Finne Nybà ¸ Evidence for bloodletting rituals comes primarily from scenes depicting royal figures on carved monuments and painted pots. Stone sculptures and paintings from Maya sites such as Palenque, Yaxchilan, and Uaxactun, among others, offer dramatic examples of these practices. The Maya site of Yaxchilan in Chiapas state in Mexico  offers a particularly rich gallery of images about bloodletting rituals. In a series of carvings on three door-lintels from this site, a royal woman, Lady Xook, is portrayed performing bloodletting, piercing her tongue with a knotted rope, and provoking a serpent vision during the throne accession ceremony of her husband. Obsidian blades are often found in ceremonial or ritual contexts such as caches, burials, and caves, and the presumption has been that they were bloodletting tools. U.S. archaeologist W. James Stemp and colleagues examined blades from Actun Uayazba Kab (Handprint Cave) in Belize and compared the microscopic damage to the edges (called use wear) on the archaeological blades to those produced during experimental archaeology. They suggest that they were indeed bloodletters.   Sources DePalma, Ralph G., Virginia W. Hayes, and Leo R. Zacharski. Bloodletting: Past and Present. Journal of the American College of Surgeons 205.1 (2007): 132-44. Print.Haines, Helen R., Philip W. Willink, and David Maxwell. Stingray Spine Use and Maya Bloodletting Rituals: A Cautionary Tale. Latin American Antiquity 19.1 (2008): 83-98. Print.Munson, Jessica, et al. Classic Maya Bloodletting and the Cultural Evolution of Religious Rituals: Quantifying Patterns of Variation in Hieroglyphic Texts. PLoS ONE 9.9 (2014): e107982. Print.Stemp, W. James, et al. An Ancient Maya Ritual Cache at Pooks Hill, Belize: Technological and Functional Analyses of the Obsidian Blades. Journal of Archaeological Science: Reports 18 (2018): 889-901. Print.Stemp, W. James, Meaghan Peuramaki-Brown, and Jaime J. Awe. Ritual Economy and Ancient Maya Bloodletting: Obsidian Blades from Actun Uayazba Kab (Handprint Cave), Belize. Journal of Anthropological Archaeology  (2018). Print.

Study And Analysis On Hedge Funds Finance Essay - Free Essay Example

Sample details Pages: 5 Words: 1480 Downloads: 3 Date added: 2017/06/26 Category Finance Essay Type Analytical essay Did you like this example? Hedge funds can be distinguished from mutual funds by a number of key characteristic. Different financial instruments are used by hedge funds to reduce risk, increase returns and minimize the correlation with equity and bond markets. Compare to mutual funds, hedge funds normally have more flexible investment strategies and are more flexible in their investment options, such as using short selling and derivatives which include puts, calls and options etc, and can also decide to have a higher level of leverage. Many hedge funds can deliver returns which are not correlated to any market and aim to have absolute or positive targets that are not correlated to the development of the market while mutual funds aim to have relative return in the results of the fund compared with an index. The structure of fee in hedge funds and that in mutual funds are also different. Hedge fund managers usually invest their own money in their fund. Mutual funds only have a management f ee which is a few per cent of managed capital while hedge funds normally have a fixed fee which is around two per cent of the managed capital and a variable fee which is around 20 per cent of any earnings lower and higher than the return target. When a variable fee is charged only if the value of funds is larger than its previous top value, some hedge funds would set a limit for when the variable fee may be levied. Most hedge funds are primarily intended to be managed by investment professionals who are experienced or financially strong individuals. One of the key characteristics of hedge funds is that it only allows investors to withdraw their money from the fund on a monthly or quarterly basis while mutual funds can provide liquidity on a daily basis. This can improve investments when there are less liquid assets. There are around 14 unique investment strategies of hedge fund and there are differences between them because all hedge funds are not the same. Many hedge funds prote ct their investments against losses and downturns in markets, but this does not apply to all of them. For example, some hedge fund strategies which are not related to equity markets can transfer similar returns with a very low risk of loss, while others may be as or more volatile than mutual funds. And the hedge fund strategies are also including selling short, using arbitrage, trading options or derivatives, investing in anticipation of a specific event and investing in deeply discounted securities etc. For example, short selling strategy means selling shares but not holding them and expecting to buy them back at a lower price in the future. Among the various hedge fund strategies, there are huge differences in investment returns, volatility, and risk. Reducing volatility and risk are the targets of most hedge funds when they are trying to keep capital and transfer absolute or positive returns under all market conditions. Strà ¶mqvist (2008) and ECB (2007) show that the hedge f und market has developed dramatically between 1996 and 2007. Around 2000 Hedge funds managed about USD 135 billion dollars in 1996 and the figures were increased to 10000 and USD 2000 billion in the end of 2007 (see Figure 1). In this period, not only hedge funds have grown in size, but also numbers of strategies used has changed. Hedge funds can affect financial markets positively or negatively and perform two functions on the financial markets. Firstly, liquidity in the financial market can be improved by hedge funds. When there is a higher liquidity in the financial market, pricing should be more effective. Compare to other investors, hedge funds would like to buy or sell more assets and they can invest in markets and instruments with less liquidity while mutual funds cannot. Moreover, hedge funds usually play an important role in new markets. Liquidity in the financial market can therefore be increased. Secondly, hedge fund can use arbitrage strategy to let managers achieve i n mispricing. Investors should purchase undervalued assets and then sell overvalued assets out, so that prices can be balanced and also can be shifted closely to fundamental values. As a result, the market can be more effective by improving pricing. However, there are also some negative effects occurred by hedge funds on financial market. It may occur higher risks due to the flexibility. For example, a higher level of leverage can produce larger profits, but risks can also be increased. If a wrong investment is applied, hedge fund will collapse. And also, the use of borrowing and of derivatives can have effects on financial market. There are several events happened in financial markets in the period 2007-2009. The financial crisis of 2007-2009 is caused by a liquidity shortfall in the United States banking system and it has resulted in the collapse of large financial institutions, the bail out of banks by national governments and downturns in stock markets around the world. Fo r examples, Bear Sterns hedge funds collapsed in the beginning of 2007 and these funds had highly leveraged portfolios with credit instruments related to the US market for housing bonds; Lehman Brothers Holdings Inc which was a global financial-services firm declared bankruptcy in 2008; the Icelandic banking sector collapsed and hedge funds are accused of speculating against the currency and the economy in Iceland (Affà ¤rsvà ¤rlden, 31 March 2008) etc. The financial crisis 2007-2009 has affected hedge funds more than they have affected the crisis while there are still lack of evidences to show that the crisis is caused by hedge funds . Hedge funds had poorer returns due to the financial crisis. According to the changes in regulations to manage the financial market in 2008, hedge funds have been affected. The changes in regulations are about to prevent short selling which affected different hedge fund strategies. Short selling is one of the major strategies of hedge funds. When it was prevented in the falling market, hedge funds would not be able to sell shares and to buy them back at a lower price in the future. And also, it would be much harder to protect long positions through short positions and to use certain arbitrage strategies. Hedge funds then applied a short bias strategy to create back a higher positive return. In the financial crisis 2007-2009, future movements in values of assets cannot be foreseen easily because the volatility in shares and prices was very high. While the share prices increased and the commodity prices decreased suddenly, many hedge funds were experiencing problems. And also, the problems of banks have affected hedge funds which are in the form of more restrictive lending, higher borrowing costs and assets related to bankruptcies such as Lehman Brothers. The hedge funds were forced to sell assets in a falling market and this affected their returns negatively. Moreover, the financial crisis 2007-2009 has also affected v arious types of assets. Hedge funds normally assume different types of risks including credit, duration and liquidity by receiving premiums which usually produce majority of the profits of hedge funds. In the crisis, the higher degree of risk taking did not lead to higher profits because different types of assets has been affected by the downturn and at the same time all the profits that gained from the premiums has been cancelled by the market. The losses made in the crisis could not be covered by the increased risk premiums. Sometimes, hedge funds may also have both positive and negative effects on the financial crisis. There are many benefits of Hedge funds. For examples, many hedge fund strategies can generate positive or absolute returns in both rising and falling equity and bond markets; in a balanced portfolio, hedge funds comprehension can lower overall risk and volatility of the portfolio and also increases returns; there are huge amount of hedge fund investment styles a nd many of them are nor correlated to each other, therefore, investors would have a wide range of hedge fund choices in order to meet their different investment purposes; it is proved by some researches that hedge funds usually have higher returns and lower risk comparing to other investment funds and also hedge funds create more stable long-term investment returns than any of the individual funds etc. There are also critiscisms of Hedge funds including Transparency, Systemic risk, Market capacity, U.S. investigations, Performance measurement and Value in mean/variance efficient portfolios etc. In conclusion, hedge funds had both positive and negative effects on financial markets but had been affected by the events in financial markets in the period 2007-2009. For examples, most types of asset and markets has been affected by the downturn and it has reduced the diversifications effect; hedge funds had been affected by the changes of regulation and hedge funds which are in the for m of more restrictive lending, higher borrowing costs and assets related to bankruptcies such as Lehman Brothers have been affected by the problems of banks etc. Therefore, the performance of hedge funds became worse. Don’t waste time! Our writers will create an original "Study And Analysis On Hedge Funds Finance Essay" essay for you Create order

A Secret Weapon for Samples for Practice on Responding to a Literary Essay Prompt

A Secret Weapon for Samples for Practice on Responding to a Literary Essay Prompt Begin each paragraph by stating the most important point that you would like to chat about. You may develop this 1 sentence in your thesis statement. Maybe you haven't employed the ideal approach in the paragraph. As you compose each paragraph, quickly refer back to your one-sentence reply to the question and to your important outline points to make sure that you're staying on-track with what you want to be writing about. You'll have a less difficult time writing the analysis. Colleges are interested in a feeling of maturity and introspectionpinpoint the transformation and demonstrate your private growth. Explain this distinctive quality. Otherwise, complete the job! A Secret Weapon for Samples for Practice on Responding to a Literary Essay Prompt Write about the very first time once you felt pressured to adhere to a specific gender role. As soon as you're in a position to answer these ques tions, you can begin working on an outline and organizing your thoughtslist down what facets of the book you must tackle and the way you're likely to support your different points. Pick a prompt at random from above, or pick a topic which you think will be hard that you detach from (because you are going to want to write about the subject, as opposed to the argument) set timer to 50 minutes and compose the essay. With a bit of planning, you can be certain to keep on the proper track by means of your essay. The Bizarre Secret of Samples for Practice on Responding to a Literary Essay Prompt Additionally, you might be requested to analyze and talk about the growth of ideas in the passage. Don't hesitate to browse the webpage and click on any individual download hyperlink button below a sample which you like. These types determine the way you can write about the subject you've chosen. As you continue to practice more on this subject, you will have the ability to create a method w hich suits you. Life After Samples for Practice on Responding to a Literary Essay Prompt You ought to start early before the exam to earn an excellent improvement. Give students some guidance on how best to ascertain what's critical. Colleges are more inclined to admit students who can articulate certain explanations for why the school is a superb fit about them beyond its reputation or ranking on any list. Students receive a 15-minute reading period to accommodate the extra reading necessary for the question. School Response Essay Writing isn't a breeze. You may take a look at our Sample College Essays for more information. Templates like Descriptive Essay about Office can be helpful for someone who's planning to pay a visit to an office. Descriptive Narrative Essay Example may be used mainly to recreate an occasion. Descriptive Essay on Market can be employed by tourists or visitors that don't have any prior understanding of a marketplace. The major point is, you don't need to wait until you find the prompt to come up with an arsenal of sorts of argument-building techniques you may use to back up your points. It is a significant means to analyze information by posing questions and challenging the current literature on such topic. Our experts are always prepared to offer essay writing help. The custom of writing essays also develops critical thinking that's highly needed in any upcoming job. This will ensure it is much less difficult for you to compose a good critique essay on your book of choice. There is a particular essay in the prompt that you should analyze. The principal matter to be cautious about in personal descriptive essay is that there shouldn't be any over-exaggeration. The reader should have the thought of the entire essay from the introduction. When picking a topic for a crucial essay make sure you take a topic you are able to manage. It is crucial to pick the topic you're interested and familiar with. The target of entire course is to teach you the way to analyze. For instance, the principal character behaves in 1 manner around this loved ones but behaves differently around other individuals. Luckily, there are means to make this part simple for you. One of the greatest ways to determine how to create critical thinking is to maintain an open mind. Keep an eye on things like images, symbols or passages which deal with your topic. Another might request that you trace a particular image via a specific bit of literature. Read both passages carefully. In the majority of cases, symbolism is all about metaphors and image ry.

Credit Card Essay free essay sample

I agree most Americans should not use credit cards. The reason being is most don’t take the time to read the fine print and they begin to use the cards foolishly and put themselves in a lot of debt , on the other hand you have more responsible people who purchase wisely and understand the consequences of their actions. Countries are facing bank crisis and people are spending more than they need to spend. According to the Nilson Project, February 2010, the average credit cards debt per house hold is 15,788 and the number of credit cards held in a house hold is 3. 5. Credit cards can get you out of debt but also put you back in debt. The bad thing about having a credit card is people don’t realize how much money their actually spending as stated early on some Americans understand a credit card is a useful tool and don’t abuse it some don’t even have a balance but they still carry one its only a select few that live beyond their means and run up their debt. We will write a custom essay sample on Credit Card Essay or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 76. 8 million credit card holders in 2008 some 28 percent of polls respondents reported that they do not have a credit card which was more than a 10 percent jump from people who reported having no credit card in 2009 (source: scientificpollforcreditcards. com) conducted February 5, 2010 only 17 percent of people carry a prepaid credit card. Your credit is really important so if you cant control spending its wise for you to have a credit card in my opinion use a prepaid card that way you spend what you have and no more.