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Veteran Motley Fool Hidden Gems members know what we love to find in a small company. Honest, competent management. Solid financials. High levels of insider ownership. Strong returns on equity and assets. Little or no Wall Street coverage. And a price that's right for long-term buyers.

Warren Buffett once said, “If you don’t feel comfortable owning something for 10 years, then don’t own it for 10 minutes.”

Every business needs funding depending upon the type of products, services, manpower etc. But it is important for every business to know how to procure funds.

As we ride the worst recession for over 70 years, many will be looking at ways to earn a little extra money. This may be to fund a special purchase, create a reserve fund in case things get worse or just to fill otherwise free and wasted time.

A study states that the average woman works for 12 years fewer than the average man, makes $300,000 less than the average man in a lifetime and lives six years longer than the average man. All combined, it means that women have to plan for a longer retirement with less money.

One doesn’t need to be a financial wizard to manage personal finances. Though regulating finances might appear complex, it does not have to be. Just a little common sense and knowledge of basic principles of money management will enable you to make wise money decisions.

“Money does not grow on trees,” is a standard response used often to curb extravagance in children. You might think it serves the purpose. Think again. There are more constructive ways to teach your child the value of money.

In uncertain and difficult times, we all look for ways to pinch pennies. Here is a list of 10 areas where you can cut costs to live within your means:

Education is one of the major expenses undertaken. With college tuition rates rising, parents need to have huge balance in their banks to support the education of their children.

Boston, June 24: The Boston Globe and its largest union, the Boston Newspaper Guild, late Tuesday reached a tentative deal on wage and benefit cuts.