How do people spend money? When I thought about this question, I initially concluded that people would either be “thoughtful” or “careless” about their spending. But world-renowned economist and academic, Milton Friedman, says that there are actually four basic ways that people spend money – and not just two as I’ve initially thought. Below now [...]

Everyone wants to be debt-free. Unfortunately, only a handful of people are able to do it. And even fewer are those who are able to sustain it for the long term. So what’s the secret of these people who have successfully eliminated debt from their lives? I could only guess. Perhaps because I believe that [...]

There are two things that Filipinos will be doing in the next few days. They’ll either go out of town and spend time on the beach to have fun… Or they’ll spend it reflecting upon the lessons of the Lenten Season. Since I did the former last year, I’ve decided to stay in Manila this [...]

Having debts is a normal part of a person’s financial life. You are not alone – millions of people have debts. So there’s really no reason for you to pity yourself for having debts because as I said, it’s normal. However, what is important for you to realize and remember is that, not all debts [...]

Napoleon Hill, author of the best selling book Think And Grow Rich once said: Patience, persistence and perspiration make an unbeatable combination for success. For someone who lived his prime during the early 1900s, it’s truly extraordinary to see how one man’s teachings can still hold a lot of truth today. In fact, read through [...]

Have you heard of the Law of Attraction? How about the Abundance Principle? I first encountered these concepts when I read Think and Grow Rich back in high school. I’ve actually forgotten about it for many years, only to be reminded of its lessons again when I got my hand on The Secret. And from [...]

Almost a year ago, I wrote a post telling How To Be Lucky in Life and Achieve Success. Today, I’m sharing with you a video that compliments those points very well. Below is a short clip of Stanford Technology Venture Program Executive Director, Tina Seelig who says that entrepreneurs should learn how to make their [...]

When a person is being stubborn, it usually means that he or she is being difficult or unreasonable. Stubborn people are often thought of as lazy bums. They’re hard to manage; and even harder to make them do anything aside from the things they like. However, the dictionary gives the word “stubborn” a definition which [...]

The Greek philosopher, Aristotle is known for many things. While he is considered as one of the founding figures of Western Philosophy, he had nevertheless made significant contributions in various other fields – from physics to poetry, from biology to politics, from math to music. Truly, a man of achievement… one that has reached his [...]

The biggest lottery jackpot to date in Philippine history – the Grand Lotto 6/55, is now at more than P450 million. If you win this amount, what would you do? I asked my friends this question and almost everyone said that they’ll quit their job and retire, build their dream house and travel around the [...]

Recently, I was able to join a market research project which aims to know the habits, attitudes and perceptions of middle class Filipinos towards banking. Around thirty individuals from Metro Manila, composed of employees, housewives and businessmen, were invited to participate in a focus group discussion and share their thoughts on the topic. As I [...]

Do you want to grow as a person, find success and change your life for the better? Then allow yourself to be uncomfortable. Face your fears and do the things that scare you. Venture into the unknown and discover new things. Go beyond the safety net and be uncomfortable. When was the last time that [...]