Posts tagged ‘Mindset’

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 […]

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Overcoming The Fear of Losing Money (Episode 20)

Updated: June 1, 2020 | Freelancing, Investing, Mindsetting, Podcast | No Comments

Listen to Episode 20 Summary of Episode 20: The story of my visit to my doctor friend. (1:00) I’m a firm believer that you should not invest on things that you don’t understand. That’s why the first step is always to invest in yourself, to invest in knowledge. (3:45) Watch a FREE online financial coaching […]

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5 Life Skills I Learned or Improved On During the Quarantine

Published: May 14, 2020 | Life Lessons, Mindsetting | 2 Comments

A couple of nights ago, I was on an “online video hangout” with friends and one of them asked what were the things we learned during the quarantine. We shared some of the online courses we took, the books we read, and the things we tried; which includes making Dalgona coffee, watching documentaries on Netflix, […]

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Let’s Hack Your Bad Overspending Habits (Episode 17)

Updated: May 3, 2020 | Mindsetting, Money Saving Tips, Podcast | No Comments

Listen to Episode 17 Summary of Episode 17: MVQ means Minimum Viable Quantity. And this term refers to the minimum number that you need for a specific item. It requires total honesty with yourself to be able to determine the least number for you, because if not, you’ll buy things that end up as an […]

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Let’s Talk About The Kurot Principle (Episode 10)

Published: March 12, 2020 | Mindsetting, Podcast | No Comments

Listen to Episode 10 Summary of Episode 10: Announcement of the 10 winners for the Financial Fitness Forum Promo (0:50) Note to all the winners: Please wait for the confirmation email that will be sent on or before March 15. The email will have more details and instructions on how you can claim your complimentary […]

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What is Imposter Syndrome and How Can You Combat It?

Published: March 22, 2019 | Mindsetting | No Comments

On more than a few occasions, I’ve met talented people who can’t seem to realize their full potential. But not because there’s lack of opportunities for them, but because they often doubt themselves and think they’re not good enough. Take my friend as an example, who has a magnificent voice. In fact, she’s won a […]

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How Do You Achieve Work-Life Balance?

Updated: January 1, 2020 | Mindsetting | 4 Comments

I first heard of the term work-life balance when I was a high school student. Our school’s guidance counsellor told us during a career orientation seminar, that college and life after will be challenging. And above most things, it’s important to maintain proper work-life balance. He emphasized that it’s not good to spend too much […]

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A Strategy to Improve How You Learn from Experience

Updated: June 29, 2019 | Life Lessons, Mindsetting | 1 Comment

They say that experience is the best teacher. That’s why when we fail or make a mistake, the optimistic view is to learn from that experience. I was once deep in credit card debts. It came to a point when collectors started calling my house and harassing my parents to pay my debts. That was […]

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10 Quick Tips to Reach Financial Independence

Updated: June 5, 2020 | Life Lessons, Mindsetting | 1 Comment

How do you become financial independent? What are the keys to achieving it? What are the characteristics of people who are financially free? Reaching financial independence is a marathon. And just like preparing to run a marathon in real life, you need to understand some basic principles for success. Below are 10 quick tips, which […]

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10 Important Differences Between a Businessman and an Entrepreneur

Updated: July 18, 2019 | Business, Mindsetting | 1 Comment

The terms, businessman and entrepreneur, are often interchanged in use today. Anyone who owns a business and makes money passively is often referred by any of these names. But there are subtle, but important differences between the two. And knowing them can significantly change how one will start and eventually run their business. Below are […]

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7 Bad Money Habits That Pinoys Must Stop Doing

Updated: April 26, 2020 | Mindsetting | 6 Comments

What you believe controls your thoughts, which then dictates your actions. And having unhealthy beliefs about money will definitely lead to bad financial habits. Below are seven money mindsets that a lot of Filipinos have. And among the major reasons why a they’re financially poor. Check yourself against them. Take action on eliminating and then […]

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15 Reasons Why You’ll Remain Poor Your Whole Life

Updated: July 3, 2019 | Life Lessons, Mindsetting | 7 Comments

Billionaire Bill Gates once said, “If you are born poor it’s not your mistake, but if you die poor it’s your mistake.” And that’s a kind of mistake you don’t want to take to your grave, and burden your family and loved ones after. Fortunately, there are easy-to-recognize signs, which can help you see if […]

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How To Stop the Tyranny And Embrace the Genius

Updated: May 10, 2020 | Mindsetting | 3 Comments

Is it better to invest in real estate or in the stock market? Should I stay in my good-paying job or quit to start my dream business? Should I save for an emergency fund or pay my debts first? Where should I invest, UITFs or mutual funds? Over the years, I’ve been asked these questions […]

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