Posts under Personal Finance

How To Upgrade Your Lifestyle When You Start Earning More

Posted February 8, 2017 under Personal Finance | 2 Comments

A lot of people believe that if you want to have a secure financial future, then you have to sacrifice living a good life today. That instead of enjoying your salary and spending your money now, you need to save and invest, and live frugally. That is not entirely true. Because enjoying life today while […]

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Millionaire Calculator: How Long Will It Take You To Have a Million?

Posted January 25, 2017 under Personal Finance | 2 Comments

How long does it take to save one million? It’s a popular question among those who dreams of becoming rich. And today, I’ll give you a tool to calculate just that. Actually, it’s an Excel worksheet that you can play with to compute how many years it will take for you to become a millionaire. […]

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Are You Richer Than the Average Filipino?

Posted January 16, 2017 under In Focus, Personal Finance | 2 Comments

According to Credit Suisse’s Global Wealth Databook 2016, a Filipino adult has an average net worth of $9,878 in 2016. Using 1 USD = PHP 50 as exchange rate, that converts to a net worth of P493,900. This means that if you own a car or a real estate property, then you’re most probably richer […]

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How to Handle Friends Who Financially Take Advantage of You

Posted January 12, 2017 under Personal Finance | 3 Comments

Friends are one of life’s greatest treasures. We love them, and would do everything we can to help them in times of need. However, we sometimes get “that friend” who takes advantage of us financially, especially when they know that we make more money than them. They’re not necessarily bad friends. In fact, most of […]

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Reader Mail #34: Investing in UITF vs VUL

Posted December 9, 2016 under Investing, Personal Finance, Reader Mail | 4 Comments

Today, I’m sharing with you an email that I recently received. The sender is asking which is the better investment, UITF or VUL. Several people have also been asking me similar questions, that’s why I decided to answer it here today for everyone. But first, let’s read the letter of Mrs. M below: Hi Fitz. […]

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9 Important Money Tasks You Should Do in December

Posted December 7, 2016 under Personal Finance | 3 Comments

The new year is just around the corner, and we’re now reaching the peak of the holiday celebrations. Most of us will be busy attending Christmas parties, school reunions, and yuletide events – but I hope you can also find time to do a personal financial check-up. It’s a good time to take stock of […]

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How to Know if You Are Financially Ready to Get Married

Posted December 5, 2016 under Personal Finance | 1 Comment

Getting married is a major life decision. Apart from the changes in lifestyle that marriage brings, it also has a big impact in a person’s financial state. As such, it is important to have these four considerations, so as to determine if one is already financially ready to tie the knot and start a family. […]

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5 Financial Habits You Should Establish in Your Twenties

Posted December 3, 2016 under Guest Posts, Personal Finance | No Comments

Between trying to find your career sweet spot, weeding out toxic relationships to get your personal life together, and finally coming around to making the down-payment for your first studio apartment — your twenties are also the time for when you’re supposed to start establishing a successful personal financial plan that won’t see you having […]

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FREE Download: Credit Card Debt Payment Calculator Excel Spreadsheet

Posted November 29, 2016 under Personal Finance | No Comments

If you own several credit cards and want to pay off your debts, then here’s a tool that can help you. This free download is an Excel spreadsheet that helps you calculate how much you should pay each credit card every month, so you can strategically reduce and eliminate your debts. I used the Snowball […]

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7 Bad Financial Advice That a Lot of People Follow

Posted November 25, 2016 under Personal Finance | 10 Comments

When you need financial advice, who do you ask? For many, it’s their closest friends. Unfortunately, not everyone can give good financial advice. If someone has no background nor experience in personal finance and investments, then they’ll most likely give misguided financial advice. But because we trust our friends, people who seek such advice are […]

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How to Save Money for a Laptop, Smartphone, and other Gadgets

Posted November 7, 2016 under Investing, Personal Finance | 4 Comments

Gadgets, such as laptops and smartphones, are now part of our lives. I dare say it’s essential to own them if we want convenient access to the internet and optimize our work productivity. Unfortunately, gadgets are expensive. A laptop that’s suitable for work can cost at least P30,000 or more than a month’s worth of […]

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10 Easy Ways to Save Money on Christmas Gifts

Posted November 2, 2016 under Money Saving Tips, Personal Finance | 3 Comments

The holiday season is just around the corner. If you want to save money on Christmas gifts, now is the perfect time to start planning your budget. Don’t use all your Christmas bonus and 13th month pay on buying presents. Instead, plan your holiday shopping wisely so you’ll have money left for your savings and […]

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