Ready To Be RichListen to Episode 22 Summary of Episode 22: A pizza story. (1:23) A sunk cost trap or a sunk cost fallacy when a person is failing to see the best outcome because they have a bias resulting from a previous or ongoing commitment. (3:05) Watch a FREE online financial coaching video: Visit imgwealthacademy.com An illustration […]
Don’t Fall Into The Sunk Cost Trap (Episode 22)
Published: June 5, 2020 | Investing, Mindsetting, Personal Finance, Podcast | No CommentsWhat To Do During a Recession to Protect Your Money
Published: June 2, 2020 | Personal Finance | 1 CommentLast March 2020, the International Monetary Fund or IMG has declared a global recession. Meanwhile, the GDP of the Philippines for the 1st Quarter of 2020 has contracted for the first time since 1989, that’s more than 20 years ago! With businesses in the country mostly on lockdown for the most part of the 2nd […]
The 10 Most Traded Stocks or Companies on eToro’s Global Platform
Published: May 29, 2020 | Investing, News and Events | 2 CommentsSocial trading and multi-asset brokerage company, eToro has recently launched commission-free trading for US stocks to the Asia-Pacific. This zero-commission offering applies to all stocks on its platform that are traded on the Nasdaq and New York Stock Exchange (NYSE). And this makes them the first platform to offer commission-free stocks and fractional shares globally. […]
How to Cope with Losing Your Job (Episode 21)
Updated: June 1, 2020 | Life Lessons, Podcast | 1 CommentListen to Episode 21 Summary of Episode 21: What happens in the mind of a person when they lose their job? (2:00) Doc Gia shares her experience when she lost her job. (4:11) Sir Renz gives advice on what to do when you lose your job. (5:47) The story of my father when he was […]
Learn How To Be an Online Freelancer with this FREE Workshop
Updated: June 1, 2020 | Announcements, Freelancing, News and Events | 2 CommentsUPDATE: The free workshop is now closed. But you can still learn by enrolling in The Freelance Movement Tribe. We’re now on a global recession, and everyone has been affected by this pandemic. I’m sure each one of us have been affected by this in one way or another. Some Filipinos have already lost their […]
Overcoming The Fear of Losing Money (Episode 20)
Updated: June 1, 2020 | Freelancing, Investing, Mindsetting, Podcast | No CommentsListen to Episode 20 Summary of Episode 20: The story of my visit to my doctor friend. (1:00) I’m a firm believer that you should not invest on things that you don’t understand. That’s why the first step is always to invest in yourself, to invest in knowledge. (3:45) Watch a FREE online financial coaching […]
12 Irrefutable Principles of Investing
Published: May 19, 2020 | Investing | 1 CommentIn my opinion, one of the best investing mentors that I have today is Sir Rex Mendoza, the President & CEO of Rampver Financials. He has so much experience in the Philippine market, that I am always excited to learn from him whenever he gives a talk during IMG Conventions. Today, I’m sharing with you […]
How to Make Experience Your Best Teacher (Episode 19)
Published: May 15, 2020 | Life Lessons, Mindsetting, Personal Finance, Podcast | No CommentsListen to Episode 19 Summary of Episode 19: Learning from my own experience. (1:09) Learning from the experience of others. (3:17) Watch a FREE online financial coaching video: Visit imgwealthacademy.com Learning from the experience of others is not just about avoiding their mistakes. Beyond the obvious, we can also apply empathy and learn beyond what […]
FREE Online Seminar: Making Money with Bitcoin
Published: May 12, 2020 | Announcements, News and Events | No CommentsBitcoin and cryptocurrencies in general have found their own niche in the financial industry. I know people who have become advocates for it and has continuously made money from crypto trading. However, many Filipinos are still in the dark when it comes to Bitcoin. Particularly, what it is, how it works, and how do you […]
If Following a Budget is Hard, Then Do This Instead (Episode 18)
Published: May 8, 2020 | Mindsetting, Personal Finance, Podcast | 4 CommentsListen to Episode 18 Summary of Episode 18: Referenced Article: Why Diets Don’t Work For most people, the word budget brings out the negative emotion that they need to control their expenses. (2:20) There are people who feel negatively about budgeting, whether consciously or subconsciously, because for them, the word budget means depriving yourself of […]
25 Good Business Ideas To Start During and After the Lockdown
Published: May 4, 2020 | Business | No CommentsA few days ago, someone asked me for good business ideas to start at home while on quarantine. Meanwhile, another person also asked me for profitable business opportunities they can pursue after the lockdowns are lifted. Today, I’m sharing with you some concrete business ideas that I think would do well amidst this public health […]
Withdrawing Huge Cash is a Risky Move During These Quarantined Times
Published: May 1, 2020 | In Focus, Personal Finance | 2 CommentsI’m currently working with BDO for their #BANKyanihan campaign. I was interviewed for an article that was recently published, which I’m reposting below. With the government’s decision to extend the enhanced community quarantine (ECQ) in Luzon until May 15, the National Economic Development Authority warns of a continuing economic slowdown which is likely to cause […]
Hi, my name is Fitz Villafuerte and I’m a Registered Financial Planner living in the Philippines. In 2007, I started this blog to help people learn how to achieve financial freedom. Read 
