Posts under Personal Finance

Getting Started Towards a Financially Secure Future

Posted November 10, 2015 under Personal Finance | 5 Comments

Financial freedom is a dream that everyone has; but it is a goal that many find hard and difficult to achieve. There are many reasons why it is a challenging journey for anyone; however, with proper financial education, self-discipline, and sound planning – one will be able to reach it within their lifetime. It is […]

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Your Heart or Your Mind: Which One Should You Follow?

Posted November 5, 2015 under Mindsetting, Personal Finance | No Comments

You’re walking around the mall when you see a good-looking pair of jeans displayed in one of the stores. You go inside to take a closer look and noticed that it is on sale. “Would you like to try it on?” asked the sales staff. You nodded, asked for your size, went to the fitting […]

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What Happens To Your Investments When You Die?

Posted November 1, 2015 under Investing, Personal Finance | 11 Comments

What would happen to your stock market shares and other investments when you die? It’s a common question that people ask me and below is my usual answer. First, investments are considered your assets – it is among the list of things that you own – and because it is as such, they become “frozen” […]

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A Two-Year Financial Plan for Beginners

Posted October 15, 2015 under Personal Finance | 12 Comments

When you reach that point in your life where you realize the need to be in control of your finances, how do you start and make the change? For most people, it’s as simple as spending less and growing their savings. For others, getting out of debt becomes the focus. While for some, this means […]

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On Health, Wealth, and Focusing on the Basics

Posted October 5, 2015 under Personal Finance | 6 Comments

I get asked for investment advice often. Usually, those who consult me are people who recently received a large amount of money and don’t know where to put it. It’s easy to just recommend the stock market or pooled funds to them but I don’t, because I believe such financial decisions should be based upon […]

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Money Strategies for Solo Parents

Posted September 14, 2015 under Personal Finance | 3 Comments

Last week, a fitness instructor in my gym got into a fatal accident, leaving behind his wife and a baby. Sympathies were shared among the members of the gym, but also, concerns were raised as to how the wife will now be able to move forward financially. It will be a challenge as she joins […]

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What Happens When You’ve Been a Money-Saver for a Long Time

Posted September 4, 2015 under Money Saving Tips, Personal Finance | 12 Comments

It’s hard to change from being a reckless spender to a practical saver. I’ve been there before, and I can honestly say that it is a struggle. It’s not easy to live every day when you’re always torn between enjoying the present, and preparing for the future; to choose between spending your money today, and […]

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How Pinoy Families Can Live on One Income

Posted August 27, 2015 under Personal Finance | 1 Comment

The Philippine Bureau of Labor and Employment mandates that the minimum wage for those in the National Capital Region is Php 466 per day. This translates to an income of roughly Php 10,000 per month. And this number is just in NCR, where the minimum wage is already the highest. If you’re raising a family, […]

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10 Vital Financial Concepts That Every Adult Should Know

Posted August 24, 2015 under Investing, Personal Finance | 11 Comments

Money is an essential part of every functioning adult’s life, and learning how to manage it starts in understanding some of its vital concepts. Here are ten financial terms that you should know if you’re hoping to achieve financial independence someday. These are not necessarily your textbook definitions, but more of a practical guide in […]

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The Beauty of Residual Income

Posted August 5, 2015 under Business, Investing, Personal Finance | 7 Comments

There are two types of income, active and passive. In simple terms, active income is when you work for the money, while passive income is when money works for you. These are the most popular terms used in financial books and articles. And of course, it’s always emphasized that you should build passive income if […]

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What To Do When You Need Cash and You Don’t Have an Emergency Fund

Posted July 1, 2015 under Personal Finance | 12 Comments

Financial emergencies can happen anytime. Without warning, you can lose your job, get sick and be unable to work, run into an accident and be hospitalized, your stuff can get stolen, or your car or home can suddenly need major repairs. These are just a few reasons why it’s important to have an emergency fund. […]

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How To Analyze Your Expenses, So You Can Lower Your Spending and Save More Money

Posted June 25, 2015 under Money Saving Tips, Personal Finance | 15 Comments

It’s not how much you earn, but how much you save that’s more important when it comes to growing your wealth. And when it comes to saving money, analyzing your expenses is a necessary part of the process. Today, I’ll teach you how I analyze my expenses, so that you can determine possible ways to […]

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