Posts under Personal Finance

12 Signs That You’re Doing Good Financially Even If You Don’t Feel You Are

Posted May 18, 2015 under Mindsetting, Personal Finance | 10 Comments
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Financial freedom is a long journey, and sometimes it can feel as though you’re not making any progress at all towards achieving this goal. It’s normal to feel uncertain about your future, and be doubtful of your financial progress. That’s why it helps to remind yourself once in a while, of how much you’ve actually […]

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BTID vs VUL and How I See Financial Planning With Respect to Life Insurance

Posted April 17, 2015 under Personal Finance | 8 Comments
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Buy Term, Invest the Difference (BTID) versus getting a Variable Unit-Linked (VUL) life insurance is always a divisive topic, even among us Registered Financial Planners. There have been many attempts to compare them based on actual figures and both sides can always come up with results that favor their stand. However, I believe that protection […]

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How To Stay Motivated at Following Your Monthly Budget: A Lesson in Psychology

Posted April 15, 2015 under Money Saving Tips, Personal Finance | 3 Comments
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One of my readers, Kristine sent an email recently to share something that happened to her. Below is a portion of what she wrote: I learned about creating an emergency fund through your blog, which I was able to complete last year. I’m writing to you because if not for that, I would now be […]

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7 Mental Armors For Getting Out of Debt

Posted April 10, 2015 under Mindsetting, Personal Finance | 10 Comments
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I used to have five credit cards, and drowning in almost P200,000 worth of debt. It actually reached a point where collection agencies would make rude calls to me, and send fake summon letters from law firms to my address. At first, I ignored them. I was not affected because I knew those were all […]

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15 Money Mistakes I Regret Doing During My 20’s

Posted March 9, 2015 under Life Lessons, Personal Finance | 9 Comments
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If there’s one good thing that I can say about being in your 20’s, it would be having that glorious sense of independence. It’s the time when you believe that you can do anything, and you’re ready to change the world and make a difference. However, navigating through early adult life is of course, not […]

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What Should Be Your Priority: House, Car, Business, or Stock Investments?

Posted February 25, 2015 under Mindsetting, Personal Finance | 17 Comments
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If you were to choose, what should be your priority – buy a house, get a car, start a business, or build your stock investments? This was the concern of a young woman, who posted this question on a Facebook group a few days ago. When I saw this on my timeline, I decided to […]

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The Rules of Wealth Never Changes and Here’s Proof

Posted February 23, 2015 under Personal Finance | 5 Comments
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What is the most basic rule to follow if you want to become rich? I believe it’s to spend less than what you earn. The better version is: Spend less than what you earn and invest the difference. But we just want the basics… the most important rule of wealth building. Which, to state it […]

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How To Know If You’re Financially Stable

Posted January 20, 2015 under Personal Finance | 3 Comments
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How do you know if you’re financially stable? If you have a high-paying job, does it automatically mean that you are? What if you own a house and drive your own car, would you say that you are financially stable already? For many, that’s how they define financial stability – and sadly, this is wrong. […]

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Learn About Wealth Management Tips in 45 Minutes

Posted December 30, 2014 under Personal Finance | No Comments
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Several weeks ago, I became a guest on the television program Legal Help Desk at 9 News and Current Affairs (soon to be CNN Philippines). Together with IMG EVC Marketing Director, Dr. Jaime Lorenzo, we discussed basic wealth management tips with hosts, Attorney Karen Jimeno and Attorney Rod Nepomuceno. Below is the full 45-minute episode, […]

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This Is How You Lose Money in a Savings Account

Posted November 28, 2014 under Investing, Personal Finance | 9 Comments
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A lot of people believe that putting money in the bank is risk-free. They’re just happy to receive interest on their deposits and watch their money grow. But because of inflation, what they don’t realize is that they’re actually losing money by leaving their cash in the bank for many years. How? Consider the illustration […]

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Why Pinoys Spend So Much To Get The Starbucks Planner That They’ll Never Use Anyway

Posted November 10, 2014 under In Focus, Personal Finance | 94 Comments

How much does it cost to get the 2015 Starbucks Planner? According to my Math, the cheapest way to get it would cost you P1,710. This is possible if you have the promo card with a complimentary sticker; activated a new Starbucks card and received the free P300 load; and then bought only the smallest […]

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The Choice Between Enjoying Now and Preparing for Tomorrow

Posted November 4, 2014 under Life Lessons, Personal Finance | 15 Comments
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It’s 5:00 AM and my alarm clock rings – a reminder to get up and do my morning run. I wake up, turned off the alarm, and decided to go back to sleep. “I’ll just run in the afternoon,” I told myself. It’s 4:00 PM and a prompt on my phone says it’s time to […]

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