Laundromats are good business. One proof to this is its resilience amidst our ever-changing lifestyle. Did you know that even as early as the 1930s, there are already such businesses in the United States? I remember during the 90s, they slowly began appearing around Metro Manila. And since then, laundromats have never stopped growing as […]
Tags: best washing machine brand, Business, In Focus, laundromat, laundry shop, Whirlpool-Maytag
Have you heard of the Shiny Object Syndrome or SOS? I’ve met a handful of people who had it, and they didn’t know they did until I pointed it out to them. I once had a bad case of it. And I still fall ill to it sometimes. But through the years, I’ve become better […]
Tags: Business, distractions, focus, how to beat shiny object syndrome, Investing, Productivity, shiny object syndrome
I just came back from a 3-week vacation, where I visited 5 cities in 4 countries. And as most people are preparing to take their well-deserved vacation this coming Holy Week, I’ll just be at home to rest and enjoy some peace and quiet in the city. How can I afford such a lifestyle? The […]
Tags: beginner passive income, Business, Income Opps, Investing, Passive Income, passive income books, passive income ideas, passive income investments, passive income strategies
Putting up their own business is a dream for many. That’s why it’s not surprising that I get asked almost everyday by a lot of people on how to properly start a business. Most are afraid to start a business because they don’t know how or where to begin. They don’t know what to do […]
Tags: Business, how to start a business from scratch, how to start a business online, how to start a business plan, how to start a business with no money, how to start a business without money
I’ve met a lot of entrepreneurs, and one of the least liked topics that we discuss is taxes. Many say it’s too complicated and can be time consuming. However, a basic understanding of taxes, could really go a long way in helping you save money, regardless if you’re a professional or a business owner. When […]
Tags: benefits of paying taxes, bir philippines, bir registration, Business, income tax, non-vat, tax registration, vat, vat vs non-vat
There are many stages of starting your own business, and after you/ve come up with an idea, received some funding, and even gotten a few clients, you may be wondering what’s next. Many business owners choose to structure their businesses according to their specific tax and liability needs. At this point, you may want to […]
Tags: Business, limited liability company, LLC, llc advantage, what is llc, when to apply for llc
A friend quit her job five years ago and decided to become a freelance social media manager. She approached several restaurants in her city and began handling their Facebook and Instagram accounts. Today, she has her own digital marketing business with eight social media managers working under her wing. My friend is a true success […]
Tags: Business, freelancer, Freelancing, freelancing business, taxumo
I’ve been in the financial industry for over a decade now. I started through this blog, by writing personal finance articles. Eventually, it led me to putting up my own financial planning firm, Wealth Arki. One of the reasons why I stayed so long in this industry is because of the sense of purpose and […]
Tags: financial advisor, financial planning, freelancer to entrepreneur, Freelancing, taxumo, turn freelancing into a business
One of the most common questions people ask me is if it’s necessary for a starting freelancer or a newbie entrepreneur to file and pay taxes. The answer of course is yes, it is necessary and they should. It may seem common sense, but I understand where the question is coming from because I have […]
Tags: benefits of paying taxes, Business, Freelancing, importance of paying taxes, In Focus, income tax, reasons why we pay taxes, tax, taxumo, why do we need to pay taxes in the philippines, why pay taxes
In wealth circles, it is often mentioned that millionaires have an average of seven streams of income. This means they have around seven sources of cashflow. Think about your financial situation and ask yourself, how many sources of income do you have? If you’re like most people, then you probably have two. The first would […]
Tags: 7 streams of income, 7 types of income, income streams, multiple streams of income, passive income streams, Personal Finance, streams of income book, types of income
My journey from being an employee towards being an entrepreneur started when I decided to pursue freelancing. While working in my corporate job, I did freelancing work as a software developer. And when my freelancing income surpassed my employee salary, that’s when I decided to quit my job. My goal back then was really to […]
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.
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