Having an emergency fund is a necessity for everyone. It’s quite common sense to always have readily available cash for unforeseen expenses.
However, despite this fact, many do not have an emergency fund. And even if they do, it’s usually not enough.
I asked some friends if they have an emergency fund and fortunately, 6 out of [...]

If you want to take control of your financial life, then you need to learn how to properly organize and keep your financial records and personal documents.
I know some people who actually don’t like filing such papers but I believe that it’s really a necessary task if one wants to move ahead financially.
Putting your personal [...]

Are you done with your Christmas shopping? I bet your list is not yet complete because no matter how often we hear the immortal advise to shop early for Christmas, we tend to still continue buying gifts all throughout the holiday season.
Personally, I start my Christmas shopping during the first two weeks of December. It’s [...]

Learning about the U.S. Fair Debt Collection Practices Act from playing the Bad Credit Hotel online game made me wonder if such laws also exist in the Philippines.
I know some people who have been harassed by credit card debt collectors and suffered a significant amount of humiliation from their family members and colleagues because of [...]

Are you suffering from too much debt? If so, then maybe you need to spend a night at the Bad Credit Hotel.
This online game was commissioned by the U.S. Treasury and the Advertising Council in America.
It hopes to teach young people about responsible credit card use and educate them regarding debt management and basic personal [...]

You probably heard of it before, the concept of good debt versus bad debt. If not, then I’m excited to tell you about it today.
Moreover, did you know that there’s also such a thing as ugly debt? I first encountered this term a few days ago and I’m also sharing my thoughts on this one.
But [...]

Are you headed towards a financial disaster? You may not know it yet but your current lifestyle could be leading you into a pit of debt.
Financial problems usually creep and go unnoticed until it’s already too late and out of control. That’s why we need to be aware of the early stages of these money [...]

Are you a credit card holder? If so, then you better practice some of these tips on how to keep your credit card secure.
Protect yourself from financial losses by following these simple security tips. As they say, it’s better to be safe than sorry.
Moreover, you should also be aware of your consumer rights whenever you [...]

Are you ready to get your first credit card or maybe thinking of getting a new one? If so, then here’s a guide to help you choose the right credit card for you. Don’t just fill out the first application form that’s been handed to you nor accept and use that pre-approved credit card that [...]

Are you planning to open a bank account? If so, then the first crucial step you need to take is to determine which bank is the appropriate one for you. There are so many banking institutions available nowadays that choosing the best one can be a bit confusing. However, this process need not be complicated. [...]

One of the best ways to see how financially healthy you are is to calculate your net worth. You do this by preparing a personal statement of assets and liabilities. This means determining the value of everything you own, getting the amount of all your debts and then computing the difference between the two. In [...]

I love credit cards and I couldn’t imagine my life without one. Yes, it may seem odd to read this from a personal finance blogger when many others have written how evil credit cards are. Personally, I believe that anyone who holds an aversion towards credit cards are missing out on one of the most [...]

Payday just came by and some of my friends were just plain happy to buy a little something for themselves last weekend. I was glad to tag along with them as they shop for new clothes and purchase other stuff they’ve been wanting at the mall. After a couple of hours walking and shopping, we [...]

This is the last part of this article, to read the first part, click here: The Relationship Of Obsolescence And Frugality Part 1.
Aside from planned obsolescence, there is another type of obsolescence that’s being utilized by product engineers to maximize business profits. This is called perceived obsolescence. This type of obsolescence is where the big [...]

Wikipedia defines obsolescence as the state of being which occurs when a person, object, or service is no longer wanted even though it may still be in good working order. The root word of this term is obsolete, which we all know is synonymous to being out of date.
Furthermore, it is said that obsolescence frequently [...]