Almost everyone who has been successful at saving money experience difficulty when it comes to finally starting their investment portfolio. I know I did. There are so many options out there, so many products and investment instruments that you can choose from that it can really be overwhelming. Where should I invest? Which investment will [...]

This article is part of a series, read the previous post here: Comparing Time Deposit Rates of Philippine Banks Part 3 Last week, I went to several banks and asked their time deposit rates for P300,000 placed for 180 days. My goal was not just to know their current rates, but to also see how [...]

This article is part of a series, read the previous post here: Comparing Time Deposit Rates of Philippine Banks Part 2 Welcome to the third installation of this post, this series has four parts and quick reference links are provided at the end of the post. For today, we continue with two more banks, Metro [...]

This article is part of a series, read the previous post here: Comparing Time Deposit Rates of Philippine Banks Part 1 Welcome to the second installation of this post. For today, we continue with two more banks, Banco de Oro and China Bank. Thanks to the influx of requests, and the good opportunity I had [...]

After lunch yesterday, I found myself with a couple of free hours so I decided to spend the time doing research for my next post here. Going out of the restaurant where I just ate with a friend, I saw several banks that was just walking distance from each other. And I thought to myself, [...]

Dear Fitz, This letter comes to you from across a decade of time in the future; hoping that it reaches you at a week’s moment before you walk up that stage to accept your diploma. If so, then I say congratulations! You’ve made it through university life. It was hard and challenging, but I know [...]

Hi everyone and welcome to the Ready To Be Rich Leap Year Survey! This is not something that I really do every leap year, it just so happens it’s February 29th. In any case, I’d like to ask some feedback from you today so I can improve the content I post and write here on [...]

Investing enables us to make money work for us, instead of just the other way around. How hard that money works and how much it earns in the future, usually depends on our ability to make good and sound investment decisions. That’s why it’s important not only to set aside money for investing, but also [...]

A successful entrepreneur is a sum of a lot of things. Creativity and critical-thinking, focus and determination, passion and hard work – just to name a few. But underneath all these qualities, there exists three belief systems that usually determine whether an entrepreneur will fail or succeed in the end. Belief systems that cycle through [...]

A friend of mine told me today that he wants to start his own business soon. My immediate reply was… “Then get ready to lose your weekends.” While I’d like to talk more about the rest of that conversation, I decided that it might be better to just leave it at that. And instead, share [...]

Many commercial banks offer high-yield savings accounts. These are cash deposit products that provide higher interest rates than normal savings. If you can afford their minimum maintaining balance and other requirements, then you’ll get to enjoy better interest rates and earn more from having the usual savings deposit. On the other hand, time deposits offer [...]

“What’s your favorite Whitney Houston song?” asked a friend of mine last night. “It would have to be Greatest Love of All,” I answered. “How about you?” “I guess mine would be One Moment In Time,” she answered. “Simply because that’s the song which won me first place in a singing competition during high school.” [...]