Posts tagged ‘debts’

7 Bad Financial Advice That a Lot of People Follow

Updated: November 3, 2017 | 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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This is What Happens When You Don’t Pay Your Debts

Updated: July 22, 2017 | Guest Posts, Personal Finance | 2 Comments

Being unable to pay your debts will reflect negatively on your credit history, making it tough to take out loans in the future. It is important to keep in mind that once you decide to borrow from any lender, you take yourself to be responsible enough to pay your debts on time. Applying and paying […]

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My Infamous Blue Book: The Road to Financial Freedom

Published: May 7, 2015 | Guest Posts | 9 Comments

It’s not easy to maintain a blog, let alone one about personal finance because it’s a topic that was not taught to us in school. As such, I rely most of the time on the lessons I learned from experience and observation, which makes me occasionally question myself if I’m sharing anything valuable to my […]

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7 Mental Armors For Getting Out of Debt

Updated: April 4, 2018 | Mindsetting, Personal Finance | 12 Comments

I used to have five credit cards, and drowning in almost P200,000 worth of debt. It actually reached a point where collection agencies would make rude calls to me, and send fake summon letters from law firms to my address. At first, I ignored them. I was not affected because I knew those were all […]

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How To Know If You’re Financially Stable

Updated: January 18, 2018 | Personal Finance | 7 Comments

How do you know if you’re financially stable? If you have a high-paying job, does it automatically mean that you are? What if you own a house and drive your own car, would you say that you are financially stable already? For many, that’s how they define financial stability – and sadly, this is wrong. […]

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What Should You Do With Your Christmas Bonus?

Updated: December 12, 2017 | Personal Finance | 11 Comments

The first half of December is upon us and for almost everyone working in the corporate world, it means that their 13th month pay and Christmas bonuses have already arrived. For a lucky few, there would also be the 14th month pay and beyond – along with other year-end bonuses. With this much money, I’m […]

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Becoming Debt-Free Begins In The Mind

Published: June 16, 2011 | Mindsetting, Personal Finance | 7 Comments

Everyone wants to be debt-free. Unfortunately, only a handful of people are able to do it. And even fewer are those who are able to sustain it for the long term. So what’s the secret of these people who have successfully eliminated debt from their lives? I could only guess. Perhaps because I believe that […]

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On Michael Jackson, Debts and the Man In The Mirror

Updated: September 22, 2014 | Mindsetting, Personal Finance | 17 Comments

I was online when the news of the untimely death of Michael Jackson hit the internet. And now, countless blog posts, personal tributes and other stories are everywhere (including this). 😀 But anyway, personally, one of the most sobering articles I’ve read about Michael Jackson is his staggering $400 million of debt. To many, this […]

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Are You Eligible To Apply For A Business Loan? The Five C’s of Credit Analysis

Updated: June 28, 2016 | Business | 1 Comment

Whether you’re planning to start a new business or thinking of expanding your current business, applying for a business loan from the bank can help you speed things up. Leveraging on credit is one of the best tools for business growth. Simply saving up for that start-up capital or waiting for your business to generate […]

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Easy Budgeting Strategies For Beginners: Try Creating This Simple Spending Plan

Updated: May 17, 2017 | Personal Finance | 11 Comments

What are the things you spend your money on? If you’re already in the habit of tracking your expenses, then I’m sure you could tell me exactly where your money goes. However, if you’re someone who is not used to budgeting and creating a spending plan, your answer might be a random litany of your […]

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