If you are to answer such a question honestly, what would it be? Would you answer “I own 3 houses, 2 cars, a few stock investments, etc”, or “I am worth Php 1,000,000”, or “I earn Php 50,000 a month” etc. We often think of wealth as a money figure, whether in pesos or in personal […]
The Story of Warren Buffett – From Zero to Billionaire
This is a story of a boy born into a middle-class family who started investing with a few thousand dollars to becoming the world’s richest investor today. Just imagine earning more than US$500 million MONTHLY passive income! This is Warren Buffett. He bought his first stock in 1941 when he was 11 years old. Buffett […]
Filipino Money Life Plan {For Failure}
Here’s the standard life plan for the average Filipino Millennial after they graduate from college: 1. Find salary paying job. 2. Enroll yourself in SSS and just be content with this pension plan. 3. Receive your paycheck. Since you need to unwind after stressful days of work, go out for a night-out with your co-workers […]
Income – Savings = Expenses
EARNING MONEY doesn’t not come easily, but the simplest and easiest thing to do is to SPEND. Many tend to follow the age-old equation “INCOME – EXPENSES = SAVINGS.” Wherein the amount left with you after paying for your monthly cost of living goes into savings. People always save out of surplus income. Anyways, here’s […]
Why are Some Stocks Called Blue Chips?
So where did the term “blue chip” come from? And how did big companies such as Jollibee Foods Corporation (JFC) , Bank of the Philippine Islands (BPI), Megaworld Corporation (MEG), Globe Telecom Inc (GLO) and Manila Electric Company (MER) come to be known as blue chips? The name “blue chip” came about from the game […]
Why is Insurance an Essential Part of Financial Planning?
It’s a risky world. Life is full of risks – some are preventable, some can be easily minimized, some are completely unforeseeable but all can actually be managed properly. Insurance can be confusing and it’s hard to know what you really need or want. As we grow older, get married, build families and start businesses, […]
HOW to Save Money on Remittances
Filipinos who reside in foreign countries often find themselves needing to send money to their family in the Philippines. I’m sure you’re familiar with wire transfers, walk-in money transfer centers, online payment and other traditional ways to send money remittance – but are you getting the best deal possible? On this post, I’ll be sharing […]
8 Blogs That Teach You How to Make Money
Whether it’s being able to provide for our needs or saving for our dreams – we all have a reason why we want to make more money. So, whatever your reason, I highly recommend the following 8 blogs if you want to learn how to make money on the side, earn online or become an entrepreneur. […]
How to Invest in the Stock Market
Learning how to invest in the stock market is not difficult. You just need to know where to start. On this page, I will share some simple tips to how to get started at growing your money in the stock market. Learning How to Invest in Stocks Starts with Education Before you part with any […]
Financial Must Dos for OFWs on a Vacation
Returning home for a vacation or during a holiday is a much-awaited event for overseas Filipino workers (OFWs) and they want to make the most out of their short vacation – meet their loved ones, eat out in their favorite restaurants, go on a shopping frenzy, go to a local vacation spots or throw parties for […]