Posts tagged ‘debt’

How To Get Out Of Debt With The Snowball Method

Updated: May 9, 2019 | Personal Finance | 24 Comments

How do you pay off your debts, specially on your credit cards? Do you spread your payments across them? Do you pay whichever calls or contacts you first or those who are persistent with their payment demands? In the past, when I was still struggling with my finances, I discovered a debt reduction strategy which […]

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What To Do When Your Parents Are In Debt Trouble

Updated: January 17, 2019 | Life Lessons, Personal Finance | 7 Comments

As a child, most of us believed that our parents are perfect. But as we grow older and become more independent, we often realize that our parents are just like any one who would sometimes make bad choices and commit mistakes. Such is the realization of a friend who confided with me one night about […]

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How To Make Friends Pay Back The Money They Owe You

Updated: October 7, 2019 | Life Lessons, Personal Finance | 74 Comments

A friend asks if he could borrow money from you. He promises to pay by next month. You, being a good friend, loaned him some cash to help ease his financial burdens. That was a month ago and now, your friend is avoiding you. Whenever you get a chance to talk to him regarding his […]

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What Do You Do When Family Members and Relatives Ask For Your Financial Support?

Updated: April 27, 2017 | Life Lessons, Mindsetting, Personal Finance | 62 Comments

Filipinos have very close family ties and as a child, I was raised to honor this tradition. And since this is a big part of our cultural upbringing, it is often considered inappropriate to decline giving financial support to family members and relatives. Recently, a friend had an issue related to this. I specifically asked […]

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Handling Friends Who Borrow Money

Updated: March 7, 2019 | Personal Finance | 43 Comments

You’ve been doing a lot of changes to improve your financial health. You’re proud of your accomplishments and your friends could tell that you’re doing well. Then one day, a friend confides that he’s been having money problems and hopes that you could help him by lending him some cash. What do you do? Do […]

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