Personal Finance Archives

Posts under Personal Finance

How to Do Retail Therapy Without Going Broke (Episode 41)

Updated: October 19, 2020 | Money Saving Tips, Personal Finance, Podcast | 1 Comment

Listen to Episode 41: on Spotify on Apple Podcasts on Google Podcasts Episode Sponsor: Shopback Shopback is Asia-Pacific’s number 1 pre-shopping destination. Get a portion of your money back when you shop online. Download the FREE app today at bit.ly/thankyoushopback Episode 41 Chapters: 01:08: The Benefits of Retail Therapy 05:15: Retail Therapy Tip #1 06:01: […]

Tags: Money Saving Tips, Personal Finance, Podcast, retail therapy, retail therapy articles, retail therapy meaning, retail therapy ph, retail therapy Philippines, retail therapy psychology, retail therapy research, saving money

The Income Efficiency Plane: How Good Are You In Generating Income?

Published: October 13, 2020 | Income Opps, Personal Finance, Productivity | 2 Comments

I’m an advocate of creating multiple sources of income because I believe that it’s the key to achieving financial security. In recent weeks, I’ve been planning to start a new personal project and it seems that my biggest hurdle is finding the time to doing it. So, I took a look at how I’ve been […]

Tags: active income, efficiency, Income Opps, linear income, Passive Income, Personal Finance, Productivity, residual income

6 Ways to Improve your Relationship with Money

Published: September 2, 2020 | Personal Finance | No Comments

Taking control of our personal finances can feel overwhelming, but it doesn’t have to be says Thasunda Duckett, Chief Executive Officer of Chase Consumer Banking. In this TED video, you can watch Thasunda Duckett as she gives tips on how to minimize shame around money and start having honest conversations about how to save. Or […]

Tags: how can i improve my relationship with money, how to improve my relationship with money, how to improve relationship with money, improve your relationship with money, Personal Finance, TED Talk, Thasunda Duckett, ways to improve your relationship with money, Why We Work

How to Deal with Slow Financial Progress (Episode 34)

Published: August 28, 2020 | Mindsetting, Personal Finance, Podcast | 2 Comments

Listen to Episode 34: on Spotify on Apple Podcasts on Google Podcasts Summary of Episode 34: The story of Joel. (1:01) The two reasons why financial progress feels slow. (2:53) Sometimes, our financial progress feels like doing two steps forward and then taking one step back. And we tend to focus more on the setback […]

Tags: financial progress, how is financial progress measured, Mindset, Personal Finance, Podcast, slow financial progress

14 Quick Tips for First-Time Credit Card Holders

Published: August 26, 2020 | Personal Finance | 2 Comments

A credit card is a double-edged sword. If you use it responsibly, then you’ll reap a lot of financial benefits; But if you’re careless with it, the consequences can leave you in a financial disaster. Today, I’m giving you 14 quick tips on how to be a good and responsible credit card user. Especially if […]

Tags: applying for credit card tips, credit card, credit card application tips, credit card basic tips, credit card tips and tricks, credit card tips and tricks Philippines, credit card tips at restaurant, credit card tips for beginners, credit card tips for college students, getting a credit card tips, Personal Finance, your first credit card tips

Digital Banking in the Philippines: Best Features and List of Digital Banks

Updated: August 20, 2020 | General Information, Personal Finance | 5 Comments

“Digital banking is the future of savings accounts,” claims a friend working in Singapore. I’m not surprised by his statement, for Singapore has the highest penetration rate for digital banks in ASEAN. That’s according to a study published by the global consulting firm, McKinsey & Company in 2015. From that same study of 13 Asian […]

Tags: banking trends in the Philippines, best digital bank Philippines, best online banking Philippines, digital banking, digital banking philippines bsp, digital banks, General Information, open bank account online Philippines, Personal Finance, Philippines, philippines digital bank license, tonik digital bank, union bank

How to Survive an Economic Recession (Episode 32)

Published: August 14, 2020 | Personal Finance, Podcast | 1 Comment

Listen to Episode 32: on Spotify on Apple Podcasts on Google Podcasts Summary of Episode 32: What is GDP? What is a recession in layman’s terms? (1:08) How does an economic recession affect ordinary citizens? (3:10) Mentioned podcast episode: How to Cope with Losing Your Job (Episode 21) Invest and trade global markets: Sign up […]

Tags: correction recession depression, global recession, how to prepare for 2020 recession, how to take advantage of a recession, Personal Finance, Podcast, recession, recession definition economics, what happens during a recession, what to do during a recession, what to do with your money in a recession, where to put money during a recession

Recession vs Depression: A Primer on the Economic/Business Cycle

Published: August 10, 2020 | Business, General Information, Investing, Personal Finance | 1 Comment

The economy of the country shrank by 0.7% in the first quarter of 2020. And recently, the GDP numbers for the second quarter show that we experienced a massive 16.5% contraction. When the economy shrinks for two consecutive quarters, it’s called a recession. And thus, the Philippines is now officially in a recession. And in […]

Tags: Business, business cycle diagram, business cycle stages, business cycle theory, causes of business cycle, causes of economic depression, correction recession depression, depression, economic depression 2020, General Information, Investing, Personal Finance, recession, recession definition economics, slowdown vs recession vs depression, what caused the great depression, what is the difference between a recession and a depression

The First Step to Becoming Rich is to Avoid Becoming Poor

Published: July 8, 2020 | Mindsetting, Personal Finance | 1 Comment

“Instead of asking how to become rich, ask how you can become not poor.” I wrote this line on my ‘ideas notebook’ several months ago. I can’t remember anymore exactly where I heard it, but I’m pretty sure it’s from one of the podcasts that I listen to. What I do remember though, is how […]

Tags: how to avoid poverty, how to become not poor, how to become rich, how to deal with being poor, how to stop feeling poor, Mindset, Personal Finance, poverty, stop being poor

Should You Invest Even If You Have Debts?

Published: June 29, 2020 | Investing, Personal Finance | 1 Comment

That online business you’re doing is starting to make good money, and you now have some extra cash. It’s tempting to spend the money and buy yourself something nice. However, you’re financially smarter now, and understand that it’s important to pay off your debts first before spending on non-essential wants. But then you ask yourself, […]

Tags: better to invest or pay off car loan, inheritance pay off debt or invest, invest or pay debts, invest or pay off debt reddit, invest or pay off mortgage, invest or pay off student loans, Investing, pay off debt or invest calculator, pay off debt or invest in real estate, Personal Finance, using investments to pay off debt

The First Principle of Building Wealth (Episode 24)

Published: June 19, 2020 | Money Saving Tips, Personal Finance, Podcast | No Comments

Listen to Episode 24 Summary of Episode 24: The different ways you can become rich. (1:18) The first fundamental principle that can determine your financial success is your ability to spend less than what you earn. (1:38) When it comes to personal finance, I believe that there’s no good reason to deny ourselves of our […]

Tags: how to save money, Money Saving Tips, Personal Finance, Podcast, principle of building wealth, saving habit, spend less than what you earn, tips to save money

What To Do When You Lose Your Job and You Have No Money or Savings

Published: June 8, 2020 | Personal Finance | No Comments

It’s never easy to lose a job. And that difficulty has been amplified in recent weeks, as mass layoffs are happening around the world, including our country, due to the economic impact of this pandemic. It’s never easy to lose a job. And it’s more difficult if it happens when you have no safety net […]

Tags: how to budget when you lose your job, i lost my job and have no money, job loss, lost job no savings, lost my job need money to pay bills, Personal Finance, what to do if you lose your job, what to do when you lose your job and have no money

Don’t Fall Into The Sunk Cost Trap (Episode 22)

Published: June 5, 2020 | Investing, Mindsetting, Personal Finance, Podcast | 1 Comment

Listen 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 […]

Tags: Amos Tversky, Daniel Kahneman, investments, loss aversion, Mindset, Personal Finance, Podcast, Prospect Theory, sunk cost, sunk cost fallacy, sunk cost trap

Posts under Personal Finance

About This Blog

Invest in the U.S. Stock Market

Blog Sponsors

Do Something Else

Looking For Something?