OK, so it’s not easy. Unless you’re lucky enough to be born into riches, inherit wealth or strike it rich in the lottery, you’ll need to take that active step towards prosperity and wealth. While Henry Sy’s megawealth may be difficult to achieve, becoming a millionaire is within reach of those who start young and […]
Author: moneygirl
How Much Life Insurance Coverage Do You Need?
When purchasing life insurance, the question really isn’t how much you need, but how much your family will need at the time of your death to meet immediate obligations (medical bills, funeral costs, estate taxes, unpaid debts) and to sustain your dependent’s financial needs in the long run. Life insurance is an important component of […]
Retire a Millionaire on Just Php 100 a Week
You don’t need a large salary to begin building your retirement fund. I understand that it’s extremely difficult to save for retirement when you are only earning a small salary, but that doesn’t mean you can’t save money for a comfortable future. You have to realize that if you don’t plan to save now, it’s […]
35 Week No Brainer Php 5,000 Savings Plan
Everytime I ask people why aren’t they investing, I always get this answer, “Gusto kong magsimula, kaya lang wala akong pera.” (I want to start investing, but I don’t have any money.) The truth is, anyone can significantly improve their financial situation. All they need is a combination of smart planning, creativity and motivation. Here’s […]
How Long Will It Take to Double My Money?
Before you start investing your money, it’s important to figure out what you need to do in order to maximize your returns and ensure that you are investing enough to build up the wealth you need to succeed in the long run. Have you heard of the Rule of 72? The Rule of 72 is a […]
The Best Place to Park Your Money
A few days ago, a good friend of mine showed me his 7-figure savings bank account. (I was thinking, “Whoa!!!“) He had been saving up his long-term savings into it for quite some time not knowing what to do with it. And the first thing I said was, “Sayang!!!“ And Here’s Why… Banks are the […]
How to Retire at 40 and Never Have to Work Again
Just making it to the golden years by 60 is already challenging enough. So retiring at 40 seems like an impossible dream. Yet, there are a growing number of early retirees who have managed to call it quits in their 40s and they don’t happen to be lottery winners, celebrities or business tycoons. Just average […]
How to Avoid MLM Pyramid Scams: 8 Questions to Ask
Joining direct selling companies is a great source of extra income. It only requires little or no capital and there is no education requirement or qualification needed, so almost anyone can join. It is also great as a sideline for those with a regular day job. There is no fixed time; you can work anytime […]
4 Bad Things You Should Know about Credit Cards
Wondering if credit cards are bad for you? Are you considering applying for a credit card? If you think you’ve got it all under control, there are some dangerous things about using credit cards, so it’s important for you know them. Read these 4 things you should know before you start using your credit card. […]
5 Steps for Lending Money to Friends and Family
Updated 19Jul2017 Has a close friend or family ever approached you to borrow money? Having trouble saying “no”? Do you feel stuck in an awkward situation? Many people suggest that you should never lend money to friends or family members. This is a perfect example why: when it’s time for repayment, things can get very […]