Ten Simple Ways to Make Money Online and Possibly Replace Your Income

There are endless opportunities to make money online. By understanding the type of work that is available and how to make money online you too could earn your income from your home computer without ever having to leave the comforts of your home. This is something that is considerably more important to those who are trying to raise a family while still trying to earn an income. There are so many scams on the internet that promise a way to get rich quick or earn a steady income that one could easily find themselves in debt if they were to listen to them all and follow them. However below are the ten ways to make money online that can really pay off.

(1) One great way to make money fast online is through Amazon’s Mechanical Turk. Basically you sign up for free and complete a bunch of basic or simple tasks in which you earn a little bit of money. There is not a lot of income potential and the work is considered to be time consuming but you are still earning and income.

(2) Selling stock photographs is another way to make money online and one that is increasingly popular. Basically you post your photographs and with each download you make money.

(3) Cleaning out your closets and basements and getting rid of old things on Ebay is another great way to earn an income.

(4) Freelance article writing is something else that is becoming increasingly popular. It is simple to get started and most of the time requires little real talent but rather a great attention to detail and understanding of English.

(5) You can also make money Affiliate Marketing is becoming more and more popular lately too, although the learning curve is quite steep, if you have the patience and determination to follow through, you can make huge amounts of money by simply recommending products to people who are already looking for them.

(6) Also there is the opportunity to become a virtual assistant online. Basically this a personal assistant who works online.

(7) You can also make money taking surveys for large companies doing market research. Although there are quite a few scams in this area you will need to avoid, there are also some great rewards once you know where to look and how to avoid the bad seeds.

(8) Another great way to make quick money is to transcribe audio files. Depending on the number of words per minute that you type this type of income could be great for the time that is put in.

(9) Another way to make money fast is by doing affiliate videos online. These videos are something that are quite simple to create and in the end they offer a great way to produce additional income for the producer.

(10) A final way to make money fast online is by creating an ebook that focuses on how to do something. These types of ebook are the most popular and are something that people will read in a number of different ways and that will be usable by the majority of people.

By looking into these ways to make money fast you could find yourself with an additional income or possibly working full time from your home.

 

How to Organise A Conference

There are several types of conferences; the dictionary definition of conference says “A meeting for the exchange of views”.

My interpretation of conference, being a conference producer, is a place where people meet to confer and share knowledge. In the sharing theme I have decided to detail the elements required to ensure your conference goes smoothly. Whether you are getting a conference production company like mine to do it for you, or if you are going to manage it yourself, follow this outline and you can be assured that if you have made ample allowances for each of the items then your attendees (usually called delegates) will have a great day out. The better the feedback from the delegates the better the conference will have been received by the end client, either your MD or client depending on whether you are doing it yourself, or are an event organiser.

There are many different types of conferences, one of the most popular types are seminars which are normally an academic style forum where people go to learn about a certain subject.Quite a few companies run free seminars to teach their clients about the products they sell and how they can help to fulfil a need. Quite often the clients do not realise they have the need until the seminar is over!

I mention Forum above because this is probably (at least to my knowledge) the oldest type of meeting or conference that I am aware of. My partner Sam will cringe at this, as when I discuss my work, I always have to get the Romans in the story somehow A lot of the passion in my work comes from Roman history.

A Short History of Conferences

The forum as many people are aware was the centre of power in Rome for many hundreds of years, a Roman general would return from a successful campaign and he would have been received at the forum and made a speech from the rostrum to the Roman people.

So for thousands of years people have been having conferences around the world, the tools for doing the job have changed, but I can imagine and have indeed read about, the effort and organisation that went into preparing for one was as important then as it is today.

Things haven’t changed much no matter how large or small a conference is, there are some rules that we must all follow, if it is to be a successful event.

The Right Venue

Once you have a reason to hold a conference and an audience to attend the next step is venue selection, this is crucial as you will need a room large enough for the numbers attending, without being too large. If you are going to have a conference set with rear projection then the throw distance has to be taken into account when you are looking at the room, (I will come onto throw distance later when thing get more technical) as this uses space too.It is also a good idea to try and make sure you have extra ‘breakout’ rooms available for delegates to have private discussions and to make and receive phone calls.

Once you have a main meeting room suitable for your delegate numbers, you then have to consider where they will have tea and coffee breaks for networking and if there is potential for setting up display stands for other products. Quite often a conference you will have a large group of industry leaders and corporate decision makers, why not create a form of exhibition area to promote ancillary products or services?

An often overlooked aspect in conference production venue selection is choosing a venue location close to an airport if the majority of attendees are international.

Remember if you are going to do the job right you are also responsible for the delegate experience prior to arriving at the venue, you want them to have a pleasant journey and feel as relaxed as possible on arrival so venue location is very important, as is the type of venue.

Conference Production

Once a venue has been selected and it fits with all the criteria above, then it’s time to give your production company a call, they will normally recommend a site visit, so the room can be measured to check all of the conference production elements fit within the space proposed. There is nothing worse than turning up on the day to find something wont fit!

There are various different styles of the seating and this is an important consideration. There is theatre style seating where the delegates sit in rows next to each other. Then you have classroom style seating where delegates sit next to each other with a slim table in front similar to when you might take an exam. Then there is cabaret style seating which is where delegates are seated on round tables normally 6 feet in diameter.

After your production company has completed the site visit they will propose the elements of staging you require to achieve your purpose. This will include stage and set, video projection, sound, lighting, crew levels and any pre-production specifics.

Pre-production

Not all conferences require pre-production, for example if your conference has PowerPoint slides you may want your production company to create them for you, a lot of companies now have the resources to do this in-house, but if that is the case they need to be of a professional standard.

You may want a video to be created, there are different types of messages you could utilise a video for, for example, a short opening sting, like an advert, to give a high impact start to your show. Some of the best events start this way and it also helps to ensure you have got everyone’s attention!

Sometimes there may be presenters that can’t attend so you could have them videoed prior to the event and then played back during the conference at the allotted segment.

Not all presenters are comfortable with presenting, so a speaker coach may be a good idea, the coach will do as much or as little as is required. Usually they will come into your offices and asses the presenters, presentation techniques and will advise accordingly.

Event management companies do this kind of work day in day out and so they are used to taking into account all the aspects of a successful conference, so it is recommended that you engage a professional event manager for larger, or really important conferences, until you have cut your teeth on a few smaller projects.

However, if you decide to do it yourself, then below are some useful hints and tips to creating your own successful conference production.These tips are the culmination of over 25 years working as a conference producer.

Set and Staging

A conference set is usually a timber framed construction covered in a material of a colour that fits the client’s corporate colours, normally this would have an aperture in it for rear projection with a screen, the screen should be large enough for all of the audience to see the content on the screen without straining their eyes.Remember, the larger the audience then the larger the screen needs to be.

The base of the screen, known as the under panel, needs to be at least 1.2m (5ft) to ensure the audience has a clear view over the heads of the people sat in front of them.
This is where the ceiling height comes into play. For example if you had a screen height of 2.5m, a screen base of 1.2m and a screen header, above the screen, of 300mm the minimum ceiling height required is 4m, be sure to take into account any staging or steps in your measurements.

There are many different styles of set you can use, many companies have a stock set option which is pre-built, when it is used it is recovered to suit the client’s corporate branding. Other styles of set include a bespoke set where you consult a designer who will take a brief from you regarding the theme of the event and come up with a purpose built set with various options. This is of course more expensive compared to the standard stock set options.

Whether you decide on a stock or bespoke set it is advisable to have some scale floor plans created to ensure all the elements fit into the available space and most production companies will do this in-house. if you went for the bespoke option you would receive some 3D drawings so you can visualise what the set will look like in the venue.

Once the set has been decided upon then the stage will also need to be included in the plans. The most cost effective stage option for corporate events is a standard stage the width of the set, which is normally about 2.5m deep and 450mm high.

The size also depends on what you want to have on stage during the conference, for example if you are going to have just one lectern or two, or if there is a requirement for a top table or some comfortable chairs and a coffee table for a more relaxed question and answer session.

Video Projection

Video projection is required if you want to put an image on the screen behind the speaker. The image can be data or video playback or indeed both. At small conferences this may just be a data projector and a laptop, controlled from the lectern, either with the client pushing buttons or with the help of a remote mouse so a presenter can move around the stage area freely.These are a great tool and whilst being relatively cheap to buy really help the presenter to get into their presentation!

You can also use a stage monitor screen so the presenter can see the slide changes without having to turn and look at the screen, the presenter should never have their back to the audience. To enable this you will require what we call a VCA DA this piece of equipment splits the signal from the laptop to both the projector and the stage monitor screen.

If the presenter is more akin to speaking than using a computer and doesn’t want to control their own slides then a cue light system can be used. This is a hand held controller that when pressed sends a signal to a light backstage and a technician then forwards the slides for the speaker.

If you want to play DVD’s you will require a DVD player with a preview monitor and a switcher. There are many different switchers you can use but it is recommended that if you’re going to play a lot of videos during your event then a good quality data switcher should be used.

So you’ve got your data projector, your cue light system, your stage monitor and your DVD playback.

Who else can think of a way of improving corporate events by utilising video projection technologies?

Recently I did an event which had a live camera feed.

The client wanted this for two different reasons firstly there was a presenter that didn’t have any PowerPoint slides except a name slide, so when he was presenting we had a live camera feed on the screen so the audience had a more up close and personal experience with the presentation. Then we utilised the live camera feed during the question and answer session for the same effect. By using two cameras we were able to switch between the person asking the question and the speaker responding to the question so everyone could properly see and hear both the question and the answer.

The second reason was that the client wanted to use some footage for the internet like a webcast, to be run after the live event. Certain elements of the conference were edited out and compressed for the internet so that delegates who were unable to attend could get a feeling of the content of the conference|, simply by watching it on their PC’s}.

Sound System (Public Address PA)

The sound system can range from a couple of speakers and one microphone in a small conference for say 50 delegates, or multiple speakers and microphones for up to thousands of delegates.

The basic sound system requirements are speakers, amplifiers, microphones and a mixing desk, to enable each microphone or set of speakers to be turned up and down as required.

The speakers are generally on stands, however if you are organising a large conference they may be able to be flown from truss above to give an even coverage in the centre of the room.

In the event that you do have a very large audience than a delay line is required, this ensures that the signal reaches all of the speakers in the various locations around the room, or venue, at the exact same time removing any echo.

There are various different types of microphones, the most commonly used these days are the tie clip radio microphones which enables the presenter the freedom to walk around the stage without having to worry about a trailing cable.

If the presenters are going to stay at the lectern then lectern microphones which are wired are more suitable, as with most thing wired, lectern microphones are generally more reliable as they don’t have a radio frequency to worry about and batteries that need charging up.

With regards the amplifier, most professional amps will run four speakers so if you need eight speakers for good coverage then two amplifiers will be needed. When the amount of speakers and amplifiers is specified, the next piece of equipment required is a mixing desk, generally people who are doing their own event don’t plan for this, but it can be the one piece of crucial equipment that makes the difference between an amateur and a professional event.

The mixing desk takes in all the signals that need to be heard through the speakers, such as the microphones, CD players and video playback. Once the equipment is plugged into the Mixing console, a feed is taken out of the desk and into the amplifiers, then from the amplifier to the speakers.

After this has been done the sound engineer then equalises the system which in layman’s terms means making it sound good in areas of the room. A well equalised sound system will have the feeling for the delegate, that the presenter is seated next to them not shouting from the front of the room.

All mixing consoles have a basic equaliser on the unit itself, however a professional conference producer will know it is advisable to get a separate graphic equaliser which has more options on it.

In a very large room it is recommend having what is called a multicore which as the name suggests is a cable with multiple cores inside it that carries the signals up and down the room from the control position from front of house to the control position backstage.

Lighting

Lighting is one of the most important visual elements of the conference. If you don’t have the luxury of a bespoke conference set then lighting can make all the difference.

There are several different types of lighting available, there is up-lighting normally provided by Par 64 floor cans, which you will recognise from seeing any professionally staged event. These can have coloured gel in them to add a set wash. There are also Fresnells which is a type of lamp which can hang from a truss or floor stand and again these can have a coloured gel in them to provide a set wash or coloured lighting effects. Profile lights are used to highlight elements of the set such as logos, steps or other details.

The most modern type of lamps on the market are LED lights. They are the most expensive type of lighting but they are worth it if you have the budget, the beauty of this type of lighting is that it can change colour at the press of a button|, which saves having to use gels to set the colour, and of course is a much more flexible for of lighting. I am sure you have seen LED lights being used all over the place these days, in torches, in mirrors, in cars, there are even some new cats eyes in the road that use LED lights.

Once the Lighting type and style is specified then it’s a good idea to get a lighting designer involved.

The designer will specify the type of lamp, where it should go, and what it’s going to do, if possible it’s best to hang lighting on a truss in front of the set, as opposed to using floor mounted stands. After the lighting has been decided on then it will need power, this usually comes from the venue supply via a dimmer rack to the lamps. A mixing console then controls the different stage effects which the lighting designer programs in.

Crew

The crew is very important as they pull all the elements of the show together, professional conference production companies will know the value of a crew communication system which comprises of headphones and belt packs for each crew member allowing them to communicate with each other, and the production manager or producer.

On larger shows we have a production manager and if required a conference producer, either one of these will show call, which means they will tell the crew what they should be doing and when they should be doing it. For example, when a video is due to be played they will let the video engineer, the sound engineer and the lighting engineers know in advance so they are ready when the caller say run VT.

Transportation

Again transportation is a crucial aspect of any event, or else how is everything you have ordered going to get there at the right time on the right day? The size of the vehicle is dependent on the size of the show, it can be anything from a transit size van up to an arctic with a 40ft trailer. It is the responsibility of the conference production company to decide on the type and size of transportation, but remember if you are booking a venue and it’s a large show that requires an arctic then make sure the vehicle can get into the loading bay! Fortunately it is not from my own experience that I have learnt this but from watching a competitor learn the it the hard way many years ago at an event I was working at!

In Summary

Organising a conference requires a lot of forward planning, the more you put in to it at the beginning the smoother it will run on the day.

Remember to look after your crew because they are the ones who enable it to all happen, look after your presenters because they are the ones it is happening for, and most importantly look after your delegates if you want it to happen to them again in the future.

How to Manage Asbestos Removal

Introduction

In recent years the effects of failing to manage the disposal of asbestos in a secure and safe manner has risen dramatically on the health and safety agenda.

Workers who over many years worked in confined spaces where asbestos fibres were present, or in the manufacture of materials or items which included asbestos as a key component have faced serious health issues. It is now widely recognised that the largest single work related cause of death is asbestos. It is for this reason, that health and safety information highlighting the dangers of incorrect handling and the need for safe management and disposal of asbestos contaminated materials is high profile.

What is asbestos?

There are generally three forms of asbestos known as brown, blue and more common white asbestos. Asbestos is a naturally occurring fibre and is mined in various Countries but particularly in Russia, the largest producer, Canada and South Africa. Because of its unique resistance qualities, such as being resistant to heat, electricity and noise, it can be processed in several ways for industrial use or in building construction and also a key component for items such as brake linings and insulation.

Asbestos became widely used in the construction industry in the late 19th Century. Hospitals, factories, schools and farm houses were all built with asbestos containing materials. Its qualities of being resistant to heat, flame retardant and a good insulator meant that it was widely recognised as very good construction material. Although asbestos today is rarely used in building development, many old buildings including long established hospitals, schools, farm barns and houses still contain asbestos in ceilings and walls. It was also widely used as a lagging material to wrap around steam pipes and boilers. Some household products such as early electric ovens also contained asbestos material, due to its excellent heat resistant qualities. Indeed I seem to recall the use of it in a very early electric oven at my grand parent’s house in the mid-late 1960′s. Just think of all those Shepherd Pies she used to make.

Nowadays to find that asbestos is still present within a building, is likely to cause alarm amongst those people residing in it. People living close by are also likely to be concerned and very quickly an entire local community will becomeconcerned over the dangers of having asbestos close by.

However, as long as the asbestos is well maintained and is not releasing any fibres, there is no hazard to health. Asbestos becomes a health hazard and is most dangerous when it is moved and if you breathe in asbestos fibres, it is this which creates the health hazard.

Asbestos is toxic and it is the dust being breathed in which can lead to serious illness such as breathing difficulties and in some cases forms of cancer, particularly lung cancer. From the mid-1980′s, countries within the European Union and some of the world’s other most developed countries have banned asbestos due to its high health risk concerns.Creating space to build new premises may require demolition site clearance of long established buildings.

Why is Asbestos Dangerous?

The breathing in of asbestos dust is the cause of debilitating disease. So, if you work in an environment where many hundreds of asbestos-related particles exist in the atmosphere, unless you wear the appropriate face mask protection, you are putting your health at risk.

Of course, many years ago the dangers were unknown and whilst asbestos related disease does not affect you immediately, in later life the effects will become more apparent. Currently asbestos is responsible for approximately 4000 deaths per year and every week, it contributes to the deaths of almost 40 tradesmen, including plumbers, electricians, carpenters and joiners. These trades are particularly at risk because the tradesmen will have worked in environments where asbestos will have been present. The replacing of plumbing work in factories, hospitals, schools, houses and factories will have been a common requirement in recent years. Equally, electricians, carpenters and joiners will have been exposed to similar work in their professional fields.

I used to work for a compressed air equipment manufacturer. The company’s main manufacturing site also included the offices, the manufacturing and assembly plant, the foundry and workshops. The whole site was constructed in the early 1900s and inevitably had used asbestos products within its construction. In the 1990s with much of the manufacturing moved overseas, it was decided to sell the site for redevelopment and the site has now been entirely demolished, ready for reconstruction. But just think how much of the construction material would have contained asbestos.

Before major demolition works could commence, a full site survey including an asbestos survey would have been required to identify and assess how to manage the removal of the asbestos material across the site. Each specific area would have required the advice of an approved asbestos management contractor and assurances of how the asbestos materials would be safely removed and disposed of. Due to the size of the site, this would have been a major task and also a costly one, but an essential requirement to ensure that all regulations relating to the management of asbestos material were adhered to.

Where is Asbestos Found?

If you visit an old building built prior to the 1950s, it is worth taking a look around to see where asbestos has been used and the types of materials which might contain asbestos.

Asbestos cement products, such as large sheets of a corrugated material are likely to be asbestos cement sheets. It is distinguishable as a hard grey coloured material in which asbestos has been mixed with cement. It is likely that if the sheets have been used on the roof, that similar flat sheets will have been used for wall cladding.

If a wall has been given a textured coating, then many old wall coating materials contained an asbestos mix to create the texture. On the floor, floor tiles made from asbestos may also be in place. Recognised for its fire retardant qualities, an asbestos spray may also have been used to coat wooden roof beams. Asbestos sprayed on walls and ceilings will have a high content of asbestos and is known to be easily disturbed just by movement and will give off dust. Then there will be asbestos used as a lagging material on pipes and plumbing equipment. So be vigilant when in old buildings, it is likely that asbestos will be present in some formOld established manufacturing or hospital premises are most likely to contain asbestos removals risks when dismantling or demolishing the building.

Managing and Disposing of Asbestos

Since the avoidance of using asbestos took effect, the usual method by which asbestos is now disposed is through the use of landfill sites. There are however very stringent guidelines on how asbestos should be managed and disposed of.

First you must decide how big a challenge the job is. If you have asbestos removal to undertake in the home then the best advice to remove asbestos safely is to employ a fully licensed asbestos removal specialist. The basic requirements for protection, including the wearing of a dust mask and a disposable overall, are not suggested as the limit of safety precautions and you will be will be much safer trusting this work to a specialist contractor. If you are removing sheets of asbestos for example from an old garage or shed, simply breaking one sheet up will release potentially harmful asbestos dust and fibres. As long as there are no electrical cables and connections nearby, the asbestos removal specialist may treat the asbestos to be handled with water spray before commencing the removal of the material, but this kind of thing is not for the novice DIY enthusiast and should be left to an experienced specialist contractor at all times. Removed asbestos cannot simply be placed within your domestic waste for collection, it must be treated separately and either bagged or placed in a dedicated skip for safe disposal by specialists. Personally, I would always seek the advice of an approved asbestos removal contractor, for any work involving asbestos or even the potential for asbestos.

When the requirement for asbestos removal is much larger, the work should always be managed by a approved commercial asbestos removal specialist. These specialists have received relevant training and certification and will have the correct equipment to manage the task effectively, safely and in accordance with the correct regulations. Older buildings may require a dismantling process to carefully remove any asbestos and this work is likely to involve the use of scaffolding or cranes to be able to undertake this work safely. The most important point to remember is that as the customer, asbestos is on your premises. You are responsible for the removal, handling and safe disposal of the asbestos so ensure that you appoint an approved contractor.

To ensure that dedicated skips are used in the disposal of asbestos some waste management contractors operate skips of a dedicated colour and ensure that these are used only for asbestos disposal. I know of one leading UK waste management company who have a two tone yellow and red painted skip used solely for the safe transportation and disposal of asbestos. As asbestos is classed as a hazardous waste material, only landfill sites licensed to take asbestos are permitted to accept asbestos into the site.

I recall a large automotive company going into administration and thousands of brake lining pads had to be removed as part of a major site clearance project. Although they were all boxed, the fact that asbestos had been used in their manufacture meant that a specialist contractor was brought in to manage the removal and disposal of the stock.In today’s environment where recycling is a buzz word, it is very difficult and costly to recycle asbestos. A high temperature process can transform asbestos fibers into a harmless silicate glass or an industrial microwave thermal treatment process can transform asbestos waste into ceramic bricks or tiles. Before demolition work commences, seek a professional asbestos survey from a specialist in and ensure legal compliance advice to ensure that as the owner of the waste all aspects are handled in accordance with the law by the contractor.

Health and Safety Issues when Working with Asbestos

Before commencing any work, if it is thought that asbestos may be present, the project manager must undertake a complete project plan. No employee should be placed at risk, in an environment where asbestos is potentially located.

Through a complete site survey, it must be established if materials containing asbestos are present and the work must be planned to either avoid disturbance or the need to dismantle and remove these materials.

If the asbestos materials are to be removed, it is essential that the work should be undertaken by an [approved|licensed} asbestos contractor, who has completed the appropriate asbestos awareness and training courses and is certificated.

It is also important to note, whether the premises will need to be vacated whilst the work is to be undertaken. If people remain in or near the area where asbestos is to be removed, disturbance of the material will place anyone in the close vicinity of the project in danger. Other considerations and decisions will need to be taken as well, particularly if there is a need to work at height and identify precisely what equipment is to be required to complete the task safely.

All major projects, should be supervised throughout and inspected at various stages to ensure that the work complies with regulation and at the end of the task, and that it is safe for employees to return to the premises.

Of course, throughout the project, the project manager must ensure that arrangements have been made for the safe disposal of all asbestos waste. For those undertaking the work, vigilance will be required throughout the project to protect their own health. Face masks will be worn, as will appropriate clothing such as a disposable all in one overall. Clean as you go is a strategy employed by asbestos removal specialists as they work through the project to limit the amount of asbestos fibres spreading to other parts of the building.

Conclusion

The strict regulations which now surround the handling and management of asbestos will in nearly all cases require that any project involving the removal of asbestos materials is managed by a specialist asbestos removal contractor.

Without specialist knowledge, awareness and the correct equipment, any project involving asbestos removal brings potential danger. Not just health concerns, but for the company and contractor, the need to ensure that the rules and regulations which govern the management of projects where asbestos is present are complied with. Also any company engaging a contractor who does not comply with the correct legislation will be responsible themselves, not the contractor.

Often referred to as the hidden killer, improved knowledge and awareness of the devastating effects that asbestos can have upon one’s health is now well documented. It is hoped that in the coming years we will begin to see a decline in asbestos related disease or illness. Unfortunately until the mid-1980s, for those who had worked in or around environments where asbestos was present, the worry of asbestos related death remains.

Whichever way you look at it, asbestos is a pretty unpleasant substance if inhaled and brings cause for concern if it is present in your premises, so seek the advice of a specialist asbestos removal contractor toperform a thorough asbestos survey and ensure the effective and compliant management of the removal of your asbestos.

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Understanding and predicting inflation

There are many reasons to follow inflation measures aside from simply getting the jump on price increases on big ticket items like appliances and automobiles, which by itself can save you thousands of dollars over years of planning. Excessive inflation is bad for more than just your monthly budget. It’s also very bad for many stock investments as it puts pressure on corporate profits and decreases real dividend yields. And while high inflation is a very bad thing, a big drop in inflation can be the first sign that things are going bad economically. A sign of an exceptionally big economic downturn is when the inflation indicators start to show the opposite effect, dropping prices or “deflation.”

If you’re interested in getting ahead of the curve in spotting inflation, the best bet is to go to the source. The fundamental source of most inflation is simple – more money chasing the same number of goods or, as economists put it, an increase in the money supply. Fortunately, the Federal Reserve releases reports on the money supply every Thursday. Moderate inflation is usually considered about 2%. When you see money supply growing faster than the growth rate of the economy plus about 2%, you can expect higher than moderate inflation.

The second advance warning of rising retail prices is the wholesale price level and once a month the Bureau of Labor Statistics reports on that with the Producer Price Index series. The Producer Price Index, or PPI, is actually a series of indexes or statistics for finished goods, those ready to be sold; intermediate goods, such as parts that still need assembled into finished products; and crude goods, which are basically commodities that haven’t had much processing beyond being dug out of the ground or harvested from the field.

Another advance figure is the monthly Import and Export Price Indexes from the Bureau of Labor Statistics. Because the earliest stages of inflation can affect the foreign currency markets, inflation often shows up quicker in imports than on store shelves.

Ultimately the number you’ll be most intersted in is the Consumer Price Index or CPI, the widely reported monthly inflation number. Like the PPI, the CPI is actually a series of indexes that measure prices based on different baskets of goods. The most important number for investment purposes is the core CPI-U, a number based on urban prices for goods excluding food and energy. For personal purposes you may want to consider the full CPI-U, including food and energy, but remember that these numbers are very volatile from month to month, so you should do any planning based on long term trends, not a one time spike (or drop) in prices.

To keep completely up to date on inflation, you’ll want to follow the Federal Reserve’s Money Supply figures weekly and the various economic indicators released by the Bureau of Labor Statistics, which also releases the monthly jobs report, another very important number for both investors and workers.