Posts under Personal Finance

8 Interesting Stories of People Who Became Millionaires

Posted October 25, 2016 under Personal Finance | 1 Comment

How do you become rich? I believe there are thousands of ways, but if you analyze them, you’ll see that they can be grouped into eight basic strategies. Below are interesting and amazing stories of people who became millionaires with each strategy. And along with each is a brief inspection of how easy or difficult […]

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8 Questions to Ask Yourself to Know If You’re Ready to Buy a House

Posted October 22, 2016 under Guest Posts, Personal Finance | No Comments

Are you thinking of buying a house soon? If so, then understand that once you decide to purchase a home, then it will be difficult to back out from the financial responsibility that comes with it. Knowing the type of home, your budget, and the features you prefer is not enough; there are many other […]

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The Psychology of Spending: How Money Makes Us Happy

Posted October 17, 2016 under Mindsetting, Personal Finance | No Comments

Do you shop whenever you feel stressed or depressed? If so, then you’re among many individuals who believe in retail therapy. However, research has found that buying stuff to improve one’s mood or disposition is a weak solution to a symptomatic problem. It’s like putting band-aid to a stab wound instead of seeking medical help. […]

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Retiring Soon? This is How You Should Invest

Posted September 29, 2016 under Investing, Personal Finance | 2 Comments

The average life expectancy of Filipinos is currently at 71 years old. This means that if you retire at 60, then your retirement fund should be able to sustain you for at least 11 years. And it could be more, as new advancements in fitness, nutrition, and medicine are making people healthier and live longer. […]

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The Ultimate Test to Know if Something is Worth Buying

Posted September 21, 2016 under Money Saving Tips, Personal Finance | No Comments

Buyer’s remorse is that feeling of regret you have after buying something, especially if it’s an expensive item. It can be that sense of fear that you made a wrong choice, that you should have bought another model or another brand. Or guilt over spending on something you don’t really need, that you should have […]

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Comprehensive Car Insurance Coverage: Should I Get One?

Posted August 29, 2016 under Personal Finance | 6 Comments

Is it worth it to buy comprehensive car insurance? The straightforward answer is YES. In the Philippines, all vehicle owners are required by law to have the Compulsory Third Party Liability (CTPL) Insurance. This covers injuries caused by the driver to other people. Unfortunately, it does not cover the costs to repair the damage on […]

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9 Mistakes People Commit When Building an Emergency Fund

Posted August 15, 2016 under Personal Finance | 2 Comments

It’s important to have an emergency fund and the sooner you finish building yours, the better your finances will be. Short-term medical expenses, important home repairs, job loss — these are just a few circumstances when your emergency fund becomes useful. That’s why having one can really make your life less stressful; knowing that there’s […]

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This is What Happens When You Don’t Pay Your Debts

Posted July 27, 2016 under Guest Posts, Personal Finance | 1 Comment

Being unable to pay your debts will reflect negatively on your credit history, making it tough to take out loans in the future. It is important to keep in mind that once you decide to borrow from any lender, you take yourself to be responsible enough to pay your debts on time. Applying and paying […]

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How To Prioritize Financial Goals and Gain Perspective

Posted July 20, 2016 under Mindsetting, Personal Finance | 3 Comments

All of us have financial goals — buy a car, own a house, start a business, save for a child’s college education, and retire comfortably are perhaps the most common. When there’s so many goals that we want to achieve, how can we optimize our cashflow and investments so that we can reach all of […]

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How To Deal with Rich Friends Who are Big Spenders

Posted July 12, 2016 under Personal Finance | 1 Comment

If you’re a big fan of the TV series, “FRIENDS” then I’m sure you remember that one episode when Rachel, Phoebe, and Joey had an issue keeping up with their richer friends, Ross, Chandler, and Monica. A couple of scenes in the episode had Chandler inviting the group to watch a concert for Ross’ birthday; […]

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8 Priceless Pieces of Money Advice for Fresh Graduates

Posted June 27, 2016 under Personal Finance | 2 Comments

My social media feed was flooded by graduation photos and congratulatory greetings over the weekend, as several colleges and universities held their commencement ceremonies. If you’re one of those fresh graduates, then let me give you a virtual handshake, a pat on the back, and a warm welcome to the first day of the rest […]

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Wealth Starts With Learning and Doing This One Habit

Posted June 20, 2016 under Mindsetting, Money Saving Tips, Personal Finance | 3 Comments

Let’s admit it, everyone wants to be rich. Unfortunately, only a few would achieve wealth — most would struggle financially their whole life, while some would simply become financially stable and live a modest life. So why does this happen? Why can’t everyone achieve financial freedom and retire rich? Of course, there are many factors […]

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