Skiddoo Philippines Inc

Top Pressing Financial Reasons Why You Need To Organize Your Records

Maybe you know where your SSS ID is kept. Maybe you know which drawer you squeezed in your passport. But when your filing cabinet becomes like the traffic in EDSA or the Los Angeles freeway and you can’t find a document that you need in at least 10 minutes, then it’s high time for your files to have a makeover.

Here are some of the pressing financial reasons why you need to get a better handle on all your documents sprawling around your house.

Less cost on fees. Your accountant or tax lawyers will charge your less on man-hour costs and professional fees if your files are well-organized. Having good records will save you money in the long run.

Saves you time. If your files are organized and properly labeled, it will be easier for you and your family members to pull them out if immediately needed.

Easier for family members to pick up documents when you are not around. More importantly, having your files organized will be easier for your spouse or kids to look for your files when needed and if you are not around. You will also set a good example to your family members when they see how organized you are.

Unorganized records lead to relationship friction. You may have experienced blaming your spouse or parents when you were looking for a particular document during an emergency and you could not find them. You can avoid these blame games by maintaining a good filing system.

Lets you know your current financial situation. Having good records and organized filing system will also help you and your family members understand what you currently have and how your cash flows in and out of your accounts.

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Transform Your Piles Into Files

Don’t procrastinate, start your simple home filing system now. You can start with just 10 to 20 major categories for your hanging files or filing folders.

Here are some examples for you to consider:

  1. Cash and banking records
  2. Mutual funds and unit investment trust funds
  3. Stock brokerage accounts
  4. Retirement plans
  5. Insurance (Non-life)
  6. Insurance (Life/critical illness/disability)
  7. Insurance (Medical)
  8. Estate plans
  9. Work-related files
  10. Home purchase and improvements
  11. Loans and mortgages
  12. Cars/vehicles
  13. Taxes and government filings
  14. Warranties and manuals of your appliances and gadgets
  15. School records of your children
  16. Personal financial records and inventory

Are you ready to get organized? Follow my posts and learn how to keep good records by subscribing to BurnGutierrez.Com for FREE.

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P.S. 1. Are you an OFW who’s been looking for a investment placement where your money could grow higher than your time deposit accounts? Are you outside of Metro Manila and would like to start investing in mutual funds but have no personal advisors to help you out? Click here so I can help you open a mutual fund account NOW! .

P.S. 2. Due to popular demand, my good friend and business partner Jon Orana will be releasing again his online program called the Internet Business Master Class. This exciting online learning program is about creating and selling e-books in the internet. Here’s a FREE 23-page step-by-step guide on how to make money selling e-books including which topics to write. Sign up now in Jon’s FREE webinar happening on April 11

P.S. 3. Bro. Bo Sanchez has appointed me as a coach for our young and new investors at the TrulyRichClub social site. It’s a fun, learning family with the purpose of “helping good people become rich”. I’m inviting you to join the TrulyRichClub too and email me at burngutierrezblog@gmail.com if you have any questions. Click here to join!

P.S. 4. My co-author/illustrator Des Feliciano and I have just launched our “The Adventures of Pepot Kuripot and Dora Gastadora” comic book! It’s arguably the first and only personal finance-influenced comic book in the Philippines. You may grab your copy at your favorite National Bookstore and Powerbooks outlets. Or you can grab your copy yourself at ilovemilktea in Las Pinas City. Now available also in Australia, Saudi Arabia, and the USA! Email des_feliciano@yahoo.com for more details.
PepotCover1

P.S. 5. Yes, our Cyberpreneur Philippines book is now out in bookstores! Check out the chapters from my fellow authors Ray Calbay, Fitz Villafuerte, Ginger Arboleda, Kristel Silang, Marv de Leon, Paolo Lising, Anne Quintos, and other great online entrepreneurs and experts! Score your copy here now!

P.S. 6. Send healthcare and grocery products online to your loved ones in the Philippines via BeamandGo!

Skiddoo Philippines Inc

5 Former OFW’s Who Believed That Life is Bigger (and Better) Back Home

For many Filipinos, having the opportunity to work abroad is a big blessing. However, just as with any form of financial blessing, failure to take care of these jobs abroad may lead to losing them in the process.

Furthermore, forgetting the reasons for desiring to work overseas can slow down the quest to achieving financial freedom.

If you are a Filipino working overseas, the stories of these former OFWs may inspire you to work harder and be prepared for your homecoming soon.

*Prepare wisely for your homecoming! Be an online entrepreneur! You only have a few days left to book a slot to learn how to earn 5 to 6 digits through the Internet Business Master Class (IBMC)! Click here to enrol!

(Download your FREE ebook NOW on how to make money from selling digital products while you are still an OFW!!! CLICK here!)

(Download your FREE video series HERE on how I made money from selling digital products while I was still an OFW! CLICK here!)

SHINE SAN JOAQUIN

ShinedeJesus

When I had the opportunity to work abroad and left Philippines I was only 23.

At first I had this first 10-year overseas work plan. I set my mind that I will only stay there until I reached the age of 33 because I wanted to have a family of my own by the age of 35.

Initially, my basic salary goes to my mom, my insurance, and my regular savings in the bank. Then after 4 years, I thought I had enough savings and ready to come home. But investment opportunities came one after another and these required me to have more cash to fund them so I had to work and stay abroad a little longer.

Another 4 years went and the decision of coming home was really unplanned. I was having a lot of pressure at work and the environment of the country I was working in wasn’t really helpful in coping up with the obstacles.

The company offered me to have a long break. I’m glad I started saving earlier and regularly, even though sometimes what I really had left for myself then was just enough to sustain my daily expenses. And the investment I started also gave me income.

And while I was still abroad, when I had all the pressures going on at work, I diverted my attention to working on things that made me happy. I enrolled in a class about online business which is giving me passive income currently.

During my last few months of working abroad, I thought of running a travel agency. This is now one of my business ventures.

So my own self prophecy of 10 years stay abroad did not actually come into fulfillment. But I am thankful I took the steps that helped me take new paths to success now that I am home.

Coming home unplanned without good preparation can be really tough. But I always have this reminder “failing to prepare is preparing to fail” as a guide.

Always have a goal. There is no such thing as too early or too late. The only fact I know is you need to have the initiative, determination, and willingness to achieve anything you want.

“Ask and it will be given to you; seek and you will find; knock and the door will be opened to you. For everyone who asks receives; the one who seeks finds; and to the one who knocks, the door will be opened.” – Matthew 7:7-8

 

———-

JANETTE ESTEBAN

JanetteEsteban

Umalis ako ng Pinas na baon sa utang kaya nag decide àko mag-Hongkong, at naalala ko nga na ni singko wala akong pera.

Sa unang employer ko di rin ako sinuwerte at naranasan ko po doon yung literal na salitang gutom. Kaya lang kailangan ko mag-trabaho. Nang makilala ko ang pangalawang employer ko sabi ko di pwede lagi na lang ganito na kawawa ang pamilya ko. Wala ako naiisip kundi makabayad ng utang at nakasanla ang property namin.

Ok ang pangalawang employer ko na Australian pero Pinay ang asawa niya. Siguro doon ako mas namulat na mahirap maging katulong lalo na kung Pilipina ang amo. 

Pero dahil siguro likas na mahilig ako magnegosyo, kahit ano tinitinda ko sa mga kapwa ko Pilipina. Inipon ko lahat ng kinita ko sa mga tinitinda ko na yun.

After 1 year ng contract ko may kaibigan ako dito sa atin na tinanong ako kung gusto ko magpadala ng mga items mula Hongkong at ititinda nya sa mga call centers dito sa Pilipinas. Doon kinausap ko family ko na tulungan nila ako na mag-deliver at maningil.

After 4 months nang buy and sell business ko, maganda ang kinalabasan. Pero dahil kinukulang na ako sa capital noon, nag-loan ako sa bank. Lahat ng sahod ko ibinabayad ko sa loan ko. Hindi ko na naman kailangan magpadala noon dahil kumikita na business ko.

Two months before matapos ang contract ko nag-isip na ko kung uuwi na ba ako o pipirma ako ulit. Natatakot ako umuwi kasi baka sa umpisa lang ang lakas ng negosyo ko. Nag-alala ako paano kung biglà magka-problema? Ano ang gagawin ko? Di pa tapos lahat ng obligasyon ko gaya ng pagbabayad ng utang at pag-aaral ng anak ko.

Iniisip ko lagi kung ilang buwan itatagal ng iuuwi kong ipon? Check ko ang kinikita ñg negosyo at tinitignan ko lagi kung sapat na ba pamalit ito ng sahod ko sa Hongkong? Ano pa pwede ko gawin pag uwi ko aside sa existing business ko para maging fallback ko.

Hindi madali mag-decide lalo na nagnenegosyo din ako ako sa Hongkong na maganda din naman kinikita ko. Pero bukod sa PERA mas nag-focus ako sa desisyon ko na umuwi kaysa ipagpalit ang pagiging nanay ko at asawa sa kikitain ko sa abroad.

Almost one year na ako dito sa atin, mas lumaki ang network ko kasi nandito na ako. Ako na mismo ang nagma-manage ng negosyo ko. Kung may problema sa negosyo mas mabilis masolusyunan, mas malaya ako nakakakilos. Dahil din sa pag-uwi ko naging mas close kami ng family ko kasi involved din sila sa inumpisahan kong negosyo.

 

———-

NOLAN RAY LAZARO

NolanLazaro

I worked in Saudi Arabia for more than a year as an IT guy. I went back home thinking that I have lots of savings already. I then worked for 3 months in Pinas and as I see my savings deplete I was forced to go to Singapore and looked for a job. I worked for more than 4 years in Singapore, and this became the turning point. I studied and learned personal finance and investments.

The journey is not easy at all. I knew no one when I started my journey. I read books like Rich Dad Poor Dad by Kiyosaki and that sparked my curiosity to learn about achieving financial freedom.

From then on, I bought and read a lot of books; I attended a lot of seminars, webinars, and attended countless trainings. I prepared my mind (and my pocket) before going back home for good. How? I built my base:

    • Emergency funds
    • Insurance

 

  • Savings
          • Strategized on which investment vehicles to ride on. Financial vehicles like the Stock Market, UITF, MF, Real Estate etc.

 

I also engaged in online and traditional business. Knowledge in personal finance opened me to a lot of opportunities. I realized that it is really not how much a person earns but it is how much a person saves and invests that matters. It is also very important to have the right mindset. Financial literacy plus having the right mindset is the reason why I finally got able to go back to Pinas for good.

Now, I have already proven that life is really bigger and better back home. In Singapore I learned that only less that 1% of the Filipino population invests. Knowing the importance of financial literacy, I decided that I wanted to be a financial literacy advocate. I want to share what I know and help OFWs.

Being a former OFW, I know their sacrifices, hardships and pains to be far away from their families in order to reach their dreams and give a better life for their loved ones. That is one of the reasons why I decided to return to Pinas for good. Nagwork din kasi ako as an OFW for many years sa Saudi at sa Singapore, kaya I decided to help OFWs.

Whenever I do talks to OFWs, I always ask “Do you want to waste your youth or your life working abroad, away from your family?” We can never bring back the lost time with our loved ones. My advise to OFWs: Manage your finances well and invest in yourself. High income is never enough, most of the time kapag tumataas ang salary, tumataas din ang gastusin. Lasly, have the right mindset and learn financial literacy.    

———-
POL ESPANOLA PolEspanola2

In the 1970s our family had fallen on hard times; so hard we barely had enough money to buy food.  So in 1981, I left to work in Saudi Arabia with one important mission: to gain freedom from want. My job was not secure as it could be terminated in a month notice. To build a safety net in case I was sent home prematurely, I saved much of my salary even as I sent money to support my parents and siblings back home every month. I avoided spending money. 

Someone called me Mr. Look See because every night we went on shopping trip, he thought I was always window-shopping while others were buying televisions, stereos, cameras, watches, jewelries, gold, etc. which were quite cheap in the early 80s. No one knew that while they were shopping, I was doing part-time accounting job in a nearby office of one construction company.  My extra income enabled me to save almost 100% of my regular salary.

I refrained from buying stuff or pasalubong, or allowing our family to raise our standard of living.  It was enough that they didn’t go hungry and all my seven sisters continued their schooling through college. All I wanted was to save as much money as I could, realizing that in my mid-30s, I would no longer be able to secure a suitable professional job when I return home. I resisted the idea of joining friends migrating to Northern America. 

I always thought of coming home to our family in the Philippines.  Despite its poor economic condition at that time, Philippines always looked beautiful and promising.  We only lacked money.

PolEspanola1

One day I realized I had saved enough money for our family to have freedom from want.  Then I figured that if I saved more money, it would be possible for me to live without having to work in the future.

I got so obsessed in saving money that finally when I was retired from work in 2011, not only did my family gained freedom from want, more significantly I achieved financial freedom.

———-

BURN GUTIERREZ

IMG_2475

Some of you may not believe that I was an OFW in the Middle East. But I really was.

For the past 5 years, I worked as an auditor and a consultant in a group of companies based mainly in Saudi Arabia. I was one of the few lucky OFW’s who were able to bring their families with them abroad.

During those 5 years, my wife and I supported each other in making sure that we are prepared to go back home anytime. It was never easy and a lot of life challenges and financial struggles came across our paths. We had to sacrifice many of our wants and focused on building our financial foundation back home. We saved money. We looked for other opportunities to earn more. We invested for our future. And most importantly, we made sure we were giving back to God and paying forward to our personal ministries and charities.

Some of our friends and fellow community members criticized us for being “too attached to money” and neglected our responsibility to our spiritual community. For them we were like serving two masters at the same time. But for me and my wife, we only serve one Master and money is just a tool to serve Him and His people.

It was a frustrating episode for me and my wife during those days as the people we were expecting to support us were not there for us. But we held on to our faith in God and focused on our goal of preparing for our possible homecoming soon.

And just as we were preparing for that possibility, my company decided to terminate many of its expat employees in late 2015. I was one of those “unfortunate” ones to be either sent home or offered a contract with a much lower salary package.

When my wife and I heard this news, we both got anxious and happy at the same time. Anxious because going back home for good was like learning to ride the bicycle all over again. Happy because we knew that better opportunities were on our way and we started welcoming those opportunities even while we were still earning abroad.

Now that we’re in the Philippines for good, nothing could be happier seeing my wife and daughter enjoying their time with our parents, siblings, and friends. We can now do things we couldn’t do back then.

Nothing can make one more feel secure and happier than enjoying life with your family back home.

Prepare Yourself To Come Home For Good

Fellow Filipinos abroad, we encourage you to prepare for your happy homecoming. It will be tough and challenging but it will be worth the sacrifice.

We hope you are able to get some inspiration from these OFWs and learn a thing or two from them. We leave you with this:

“For I know the plans I have for you,” declares the Lord, “plans to prosper you and not to harm you, plans to give you hope and a future.” – Jeremiah 29:11

Be guided on how to prepare yourself to coming back home for good by subscribing to Rock To Riches for FREE. Rock your way to abundance!

Join the OFW UsapangPiso Facebook Group to learn how to plan your finances the right way and how to grow your money in various financial instruments and investment vehicles such as stocks, mutual funds, UITF’s, bonds, money market, real estate, and others.

Like-us-on-Facebook

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Rock your way to abundance!

#moneyliferocknroll

P.S. 1. Are you an OFW who’s been looking for a investment placement where your money could grow higher than your time deposit accounts? Are you outside of Metro Manila and would like to start investing in mutual funds but have no personal advisors to help you out? Click here so I can help you open a mutual fund account NOW! .

P.S. 2. Due to popular demand, my good friend and business partner Jon Orana will be releasing again his online program called the Internet Business Master Class. This exciting online learning program is about creating and selling e-books in the internet. Here’s a FREE 23-page step-by-step guide on how to make money selling e-books including which topics to write. Download this FREE video series to learn more! Click here!

P.S. 3. Bro. Bo Sanchez has appointed me as a coach for our young and new investors at the TrulyRichClub social site. It’s a fun, learning family with the purpose of “helping good people become rich”. I’m inviting you to join the TrulyRichClub too and email me at burngutierrezblog@gmail.com if you have any questions. Click here to join!

P.S. 4. My co-author/illustrator Des Feliciano and I have just launched our “The Adventures of Pepot Kuripot and Dora Gastadora” comic book! It’s arguably the first and only personal finance-influenced comic book in the Philippines. You may grab your copy before Christmas at your favorite National Bookstore and Powerbooks outlets. Or you can grab your copy yourself at ilovemilktea in Las Pinas City. Now available also in Australia, Saudi Arabia, Japan, Singapore, and the USA! Email des_feliciano@yahoo.com for more details.
PepotCover1

P.S. 5. Yes, our Cyberpreneur Philippines book is now out in bookstores! Check out the chapters from my fellow authors Ray Calbay, Fitz Villafuerte, Ginger Arboleda, Kristel Silang, Marv de Leon, Paolo Lising, Anne Quintos, and other great online entrepreneurs and experts! Score your copy here now!

P.S. 6. Send healthcare and grocery products online to your loved ones in the Philippines via BeamandGo!

P.S. 7. BUY the Enter Entrepeneurship Webinar Recordings HERE! Click this banner NOW! photo EEW_zpsw4267gri.jpg

Skiddoo Philippines Inc

Will You Establish a Sole Proprietorship, Partnership, or Corporation?

Deciding whether to register and run a business as a sole prorietorship, a partnership or a corporation is one of the most important things to consider. This is because failure to recognize and decide which form of organization to establish can cause problems to a business in the long run. But even if this is a fact that any entrepreneur knows, still a lot of people are confused which type of business is best for their company.

In many cases, business owners will just tap a “smart” friend or an accountant colleague in making this kind of decision. However, getting the right information from the right people is crucial to this decision.

On our next Enter Entrepreneurship webinar, our friend Atty. Energyte Baldonado will help you understand how these three types of business are being operated, its legal and tax implications, how profits are divided and distributed, the expenses and cost of registering, among many other helpful topics.

You may click the banner below or click here to sign up for this online seminar happening on February 27, 2016 at 2PM. The online seminar fee is only PHP500!

 

 

Energyte

Are you ready to hear more from Atty. Baldonado and other celebrity speakers we invited for Enter Entrepreneurship 2 series? Click here to know more! 

 

 

Skiddoo Philippines Inc

How Much Do You Need To Start Your Dream Business?

Launching your first business can be difficult to deal with not even to mention the money issues that needs to be considered. Having a business means you have to commit your own time and money that is why you have to ensure that you are ready to succeed from the very first time.

However, planning the finances is most of the time being ignored and overlooked. Many startups even put it behind other factors such their products or services, pricing, and branding.

When starting a business, it’s important that you take time to estimate costs and not be surprised along the way so that this can give you the channel to achieve a long-term profitability.

On March 13, 2016, our friend and serial entrepreneur Fitz Villafuerte will show you how to determine the right amount of money that you need to start your business.

ENTER-ENTREPRENEURSHIP-2-v1-POSTER

Do you want to start your business the right way? Sign up now to the second run of Enter Entrepreneurship online seminar series!

Sign up for only Php500 per session or get the whole progam for only P3,999! Click here to register!

Skiddoo Philippines Inc

How To Keep Your Debts Low

Are you worried about your current debt, or unsure whether you can make your payments on time? Don’t panic! Just like any other money problem there is, find out how you can make the situation less heavy on  your wallet by first looking for the root cause of where all your money is being shelled out on. We’ve rounded up the top helpful tips to help you get back on track and keep your money health in good shape.

1. Ask Yourself: Why Are You In Debt In The First Place?

Did you get a loan with a really high interest because you needed the money so badly? Or did you borrow money from a personal friend and now avoiding him because you feel ashamed?

Generally, you should only muster the confidence to get a loan if your total monthly debt payments does not exceed at least 30% of your income on your annual salary. So if you’re earning P20,000 net per month, you can only have a maximum of P6,000 to allocate if you plan on getting a loan.

This helps you provide a buffer so you can handle your expenses and when you’re paying back your loan.

2. Know The Difference Between Good Debts and Bad Debts

It’s considered a good debt if you start investing so you can increase your earning potential. For instance, education is a really good investment. Getting a house loan as compared to shelling out money for rent is also a good investment.

Bad Debts on the other hand include impulse purchases that you buy through your credit card. It’s probably a good idea to skip buying that designer bag even if it’s 50% off. You want to make wise spending choices from now on that you have existing debt to pay off.

featured img

3. Make a Spending Plan

Many of us include in our New Year’s Resolutions a goal to be more mindful of our spending habits. A good way to start is to create a simple budget plan where we include our income, our expenses, the bills we have to pay, and our debts. This provides a better overview of how we handle our finances and make us more conscious to our spending habits.

Having a spending plan can also serve as our roadmap so we can ultimately get rid of debts and make realistic payments to the debts we’ve previously incurred.

4. Cut The Plastic

Many of us think of the credit card as a lifesaver especially when we’re running low on cash. We should think of credit cards as the extension of our hard-earned money that even earns finance charge when we are unable to pay it in full when the statement arrives. If you have credit cards, try opting for promos under the “0% Interest” program and just resort to using it for emergencies.

Remember: It’s often a better idea to pay in cash as it automatically does not tie you to any loans or interests from past purchases which may cause a dent in your wallet.

5. Get Rid of Unused or Unwanted Items

Turn your closet filler into instant money that you could add to your savings. Do spring cleaning and even sell the stuff you don’t want to make extra cash or to solve short-term money needs.

If you feel stuck in a rut, have a valuable item you’re not ready to get rid of just yet, you can choose to try pawning your items at PawnHero, the first online pawnshop in the Philippines and in Southeast Asia. PawnHero offers only 2.99% monthly interest rate as compared to traditional pawnshops today and only requires you to have a camera-enabled gadget and the Internet to find out how much you could initially get for the item you want to pawn.

So keep in mind these tips to help get your debt low and radically transform your life to make better and smarter spending decisions!

*This is guest post.

Follow my posts this year by subscribing to Rock To Riches for FREE!

Like-us-on-Facebook

follow-us-on-twitter

Rock your way to abundance! #moneyliferocknroll

P.S. 1. Are you an OFW who’s been looking for a investment placement where your money could grow higher than your time deposit accounts? Are you outside of Metro Manila and would like to start investing in mutual funds but have no personal advisors to help you out? Click here so I can help you open a mutual fund account NOW! .

P.S. 2. Bro. Bo Sanchez has appointed me as a coach for our young and new investors at the TrulyRichClub social site. It’s a fun, learning family with the purpose of “helping good people become rich”. I’m inviting you to join the TrulyRichClub too and email me at burngutierrezblog@gmail.com if you have any questions. Click here to join!

P.S. 3. My co-author/illustrator Des Feliciano and I have just launched our “The Adventures of Pepot Kuripot and Dora Gastadora” comic book! It’s arguably the first and only personal finance-influenced comic book in the Philippines. You may grab your copy at your favorite National Bookstore and Powerbooks outlets. Or you can grab your copy yourself at ilovemilktea in Las Pinas City. Now available also in Australia, Saudi Arabia, and the USA! Email des_feliciano@yahoo.com for more details.

PepotCover1

P.S. 4. Yes, our Cyberpreneur Philippines book is now out in bookstores! Check out the chapters from my fellow authors Ray Calbay, Fitz Villafuerte, Ginger Arboleda, Kristel Silang, Marv de Leon, Paolo Lising, Anne Quintos, and other great online entrepreneurs and experts! Score your copy here now! P.S. 5. Send healthcare and grocery products online to your loved ones in the Philippines via BeamandGo!

Skiddoo Philippines Inc

5 Simple Things To Do To Feed Your Mind Every Day of This Year

Starting the year right means feeding your mind with positive memories and pushing out the bad ones.

It does not need to be complicated. All you need to do is to apply the “negative out, positive in” approach to your daily mind diet.

That’s right. I’m been reading Tim Sanders’ “Today We Are Rich”.

In this book, Tim believes that possessing a confident outlook makes one perform at the highest level. It says that if you believe in yourself, the people you rely on, and God, you will be able to do what you once thought was impossible.

TimSanders

Here are five things that we suggest that you do from morning until evening from this day and beyond.

1. Exercise your gratitude muscle. You can not change feelings but you can change your daily habits to strengthen your sense of gratitude. Every morning when you wake up, get out of your bed slowly and give your waking mind time to adjust. Be thankful for every great morning and for all the simple yet great things you have right now.

2. Read good books or publications. Do not immediately go online or check your email or Facebook notifications on the first hour you are awake. Read books or high-quality magazines instead with inspirational of instructional materials. Of course, study them and think purposefully about the meaning of what you are reading.

3. Review what is going right and the positive things to accomplish before the end of the day. Have a 5 to 10 minute positive-thinking time after your lunch hour. If you are near a church or a chapel, visit and meditate for 10 minutes. That means just letting your mind clear of stress and negative thoughts.

4. Eliminate network television when you get home from business or work. Do not automatically switch on your TV. Doing this will just undo your day’s mind food management efforts. Try to listen to good and quiet instrumental music instead before taking your dinner. Play with your child. Have a good conversation with your wife about the good things you experienced during the day. Nothing beats quality time with your family and loved ones.

5. Pray and reflect about giving before going to bed. Think about giving something to someone the next day without expecting in return. Think about giving something that will empower someone and this will in turn give more confidence in yourself. If you give others enough power, you will influence them to go beyond material possession. This will allow to transform themselves from just being recipients to being givers as well.

When you give and expect a return on your investment, you are an investor. When you give and expect to be famous, then you are a self-promoter. But when you give only for the love of giving, you are a generous person. Be an instrument of generosity.

A Very Happy and Abundant New Year!

 

Follow my posts this year by subscribing to Rock To Riches for FREE!

Like-us-on-Facebook

follow-us-on-twitter

Rock your way to abundance!

#moneyliferocknroll

P.S. 1. Are you an OFW who’s been looking for a investment placement where your money could grow higher than your time deposit accounts? Are you outside of Metro Manila and would like to start investing in mutual funds but have no personal advisors to help you out? Click here so I can help you open a mutual fund account NOW! .

P.S. 2. Bro. Bo Sanchez has appointed me as a coach for our young and new investors at the TrulyRichClub social site. It’s a fun, learning family with the purpose of “helping good people become rich”. I’m inviting you to join the TrulyRichClub too and email me at burngutierrezblog@gmail.com if you have any questions. Click here to join!

P.S. 3. My co-author/illustrator Des Feliciano and I have just launched our “The Adventures of Pepot Kuripot and Dora Gastadora” comic book! It’s arguably the first and only personal finance-influenced comic book in the Philippines. You may grab your copy before Christmas at your favorite National Bookstore and Powerbooks outlets. Or you can grab your copy yourself at ilovemilktea in Las Pinas City. Now available also in Australia, Saudi Arabia, and the USA! Email des_feliciano@yahoo.com for more details.
PepotCover1

P.S. 4. Yes, our Cyberpreneur Philippines book is now out in bookstores! Check out the chapters from my fellow authors Ray Calbay, Fitz Villafuerte, Ginger Arboleda, Kristel Silang, Marv de Leon, Paolo Lising, Anne Quintos, and other great online entrepreneurs and experts! Score your copy here now!

P.S. 5. Send healthcare and grocery products online to your loved ones in the Philippines via BeamandGo!

Skiddoo Philippines Inc

How Can OFWs Face The Risks of Job Losses & Mass Layoffs Abroad?

Many OFWS are not exempt from experiencing economic meltdowns in their country of work. Countries and governments in the Middle East, Asia, and even the Americas have gone through several financial downturn in the past and these can happen like a vicious cycle.

There are several reasons why many OFWs are at risk of losing their jobs overseas. Here are the most common:

1. Companies lose big contracts and projects

For several reasons, even the biggest companies experience financial setbacks due to losing demands in the market. Technology also plays a big part in the job loss of many OFWs who work in subcontracting companies. When big clients acquire better technology (e.g. robotics, new machinery, etc.), the requirement for additional contractual labor decreases.

This is one reason why many OFWs either do not get their salaries on time or worsse, lose their jobs in the process. No project to do, no money to come in, OFWs lose their jobs.

2. Oil prices become less competitive

For OFWs in the Middle East, the falling prices of oil has affected their compensation and jobs as a whole because their companies from different industries depend on it.

Countries like Saudi Arabia and Kuwait face the stiff competition from other giant nations like the United States and Russia have started to discover new oil mines and their production has affected the prices in the world market.

Harsh sandstorm to greet our Holy Thursday morning. Reminding us that from dust we came to dust we will return.

3. Recession

This is another vicious economic cycle that happens every once in a while but it really brings many OFWs and their families to tears.

When countries experience temporary economic decline, many companies put a halt in their operational or industrial activities. Therefore, many of our OFWs are left with nothing else to do but go back home.

4. Redundancy of positions

Some companies overseas lack the competency in reviewing their manpower needs that they end up hiring many people than what is really needed. This causes redundancy of job lines or positions, which means two or more people are doing the job that can be done by one or two employees only.

Another reason is that a company may have to downsize their economic activities and therefore have to reduce the number of employees in particular departments.

5. Localization of job posts

Some big economies hire expats in order to fill in positions that can not be performed by their local people. Another reason is that the number of natives qualified for the jobs are not enough to fill in the requirements of many companies.

But as time goes by, many of these natives have started to become more competitive and qualified. Plus the fact that their population are growing as well. This forces the governments to require companies to have a cap or limit in hiring a number of expats in order to give priority to locals.

6. Wars, terrorism, unrest, climate crisis

These are instances when many expats are left with no options but to stay inside their compounds or get repatriated by their respective governments.

Not surprisingly, many OFWs opt to stay in their country of work despite the risks of losing not only their jobs but their precious lives as well. They believe it is better to be earning outside the Philippines than to be back home with their loved ones and die of hunger and unemployment.

These are just some of the common reasons why many OFWs experience job losses and mass layoffs abroad. But how can they mitigate these risks? How can they prepare for these crises? Here are my suggestions:

How To Solve and Prepare for These Crises

1. Connect with authorities and support groups

Create a directory and make a list of contact numbers of the Philippine Embassy, Overseas Workers Welfare Administration (OWWA), Philippine Overseas Labor Office (POLO) or the Labor Attache, and support groups like the Truly Rich Club and other Filipino organizations, churches, and communities.

These organizations and people should be able to support you in one way or another during a crisis. Always keep your passport and residence ID with you. Keep copies of other important documents and your contract so it would be easier to facilitate or expedite any necessary process.

2. Create an emergency cash fund

Identify how much you spend and send to your family back home each month. Multiply this by 3 to 6 months and make this as your emergency fund.

For OFW’s, a separate fund for buying plane tickets and paying for visas must also be prepared separately and kept as cash on hand. We wouldn’t know what could happen in the country where you are currently working in. I call this the Emergency Airfare Fund or EAF.

3. Get a health and life insurance

During your vacation in the Philippines, prioritize to get both a health insurance and a life insurance for yourself. If you lose your job and get sick, you health insurance will be able to cover the medical and hospital expenses. If you pass away while working abroad or when you get back in the Philippines, your loved ones will be able to survive financially because of the proceeds that they will get from your life insurance.

If it will take some more time for you to be back in the Philippines for vacation or for good, then get a term life insurance instead in the country where you are working. This is a cheaper options and a temporary protection for you until you come back home.

4. Look for passive sources of income

While working abroad, study and look for opportunies in the internet. Learn more about online internet business or ways to earn like setting up an online store, blogging, or running a website.

If you have the money and the chance, score a copy of our Cyberpreneur Philippines book online and be guided on how to start your online business. However, always take precautions as there are scams and frauds online.

5. Start a small business abroad or back home

Many OFWs are challenged or are discouraged to start a business in the Philippines because of distance and their inability to monitor them while working abroad. But nothing is impossible these days.

We have gathered some options for our OFWs in our article “What’s The Best Business for OFWs?” which also includes a 10-point questionnaire to assess whether they are ready as an entrepreneur or not.

6. Learn how to invest and start one soon

Investing in properties or real estate is the most common option among many Filipinos abroad. This is a very solid investment that may give full earning potential for your cash as most often, land appreciates over time.

However, this do not always equate to liquidity. Which means you may not be able to sell your property at a premium when you need your cash the most. Property investing is one of the best options though for your long term goals.

We highly suggest that you learn how to invest in paper assets as this is a more affordable option for many OFWs. You can start investing in stocks, mutual funds, UITFs, retail bonds, ETF’s, money market, high yield time deposits, insurance-cum-investments, shares in cooperatives, among many other options.

7. Get into agriculture

Whether it’s your backyard or your bare land in the province, getting yourself involved in farming and agriculture will always pay you good dividends in the end. During crisis, your family will be able to be sustained by your farm proceeds from livestock and crop-bearing plants and trees.

If you have a limited space in your urban home or you don’t own any agricultural land, you can try investing in “patanim/paalaga” agri-business schemes like what my friend Krissy Domingo started. She called it Agripreneur Philippines. This is also the same scheme that me and my kumpareng Doy Alvares also started in 2014.

8. Always keep a positive and healthy outlook in life

Last but not the least, believing that whatever negative things that may come your way, there will always be a better opportunity for you.

You may lose your job today but the Lord will always open a new door of blessings for you and your family.

Always be ready!

Have a Merry Christmas and an Abundant 2016!

Follow my posts this Season by subscribing to Rock To Riches.

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Rock your way to abundance!

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P.S. 1. Are you an OFW who’s been looking for a investment placement where your money could grow higher than your time deposit accounts? Are you outside of Metro Manila and would like to start investing in mutual funds but have no personal advisors to help you out? Click here so I can help you open a mutual fund account NOW! .

P.S. 2. Due to popular demand, my good friend and business partner Jon Orana will be releasing again his online program called the Internet Business Master Class. This exciting online learning program is about creating and selling e-books in the internet. Here’s a FREE 23-page step-by-step guide on how to make money selling e-books including which topics to write. Enroll in Jon’s IBMC Class NOW until December 24 ONLY! Click here to enroll!

P.S. 3. Bro. Bo Sanchez has appointed me as a coach for our young and new investors at the TrulyRichClub social site. It’s a fun, learning family with the purpose of “helping good people become rich”. I’m inviting you to join the TrulyRichClub too and email me at burngutierrezblog@gmail.com if you have any questions. Click here to join!

P.S. 4. My co-author/illustrator Des Feliciano and I have just launched our “The Adventures of Pepot Kuripot and Dora Gastadora” comic book! It’s arguably the first and only personal finance-influenced comic book in the Philippines. You may grab your copy before Christmas at your favorite National Bookstore and Powerbooks outlets. Or you can grab your copy yourself at The Pantry at 07 in Makati City and ilovemilktea in Las Pinas City. Now available also in Australia, Saudi Arabia, and the USA! Email des_feliciano@yahoo.com for more details.
PepotCover1

P.S. 5. Yes, our Cyberpreneur Philippines book is now out in bookstores! Check out the chapters from my fellow authors Ray Calbay, Fitz Villafuerte, Ginger Arboleda, Kristel Silang, Marv de Leon, Paolo Lising, Anne Quintos, and other great online entrepreneurs and experts! Score your copy here now!

P.S. 6. Send healthcare and grocery products online to your loved ones in the Philippines via BeamandGo!

Skiddoo Philippines Inc

Enter Entrepreneurship Webinar Recordings Now Available!

You know the fundamentals. You have got your business plan and you are now ready to implement your business. You take off but every step of the way, you crave for additional knowledge — knowledge that will help keep you going and learnings that will help you improve your business.

We don’t want you to be lost and confused on what specific actions to take? We know that you want the specifics! Ginger Arboleda, the founder of ManilaWorkshops.com and Burn Gutierrez, the Chairman of Angat Pilipinas Coalition have come up with a Webinar series called Enter Entrepreneurship. This series aims to focus on the technical skills and specific things that you have always wanted to know about in order to grow your business. We have come up with 10 sessions that will make you a stronger and better entrepreneur.

For those who never made it to the live sessions, we have recorded these 10 sessions (plus 1 free session) so you can listen to them over and over again whether you are at home, in your car, or even at the beach.

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Please check out the following Enter Entrepreneurship topics:

Click here>Blogging and Creative Writing

Always wanted to explore Blogging? Where do you start and how to create one? Learn from our resident expert and blogging coach herself, Martine De Luna.

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Click here>Basics of Video Editing

Always wanted to learn how to edit your own videos? Learn from our resident expert, Jeo Paz.

Here is the outline:

1.) Introduction to Video Editing
2.) Different stages of Production
Pre-Production
Shoot
Post-Production
3.) An Introduction to shooting/video production
Frame Sizes
Frame Speed (fps)
Aspect Ratio
4.) Understanding how post-production editing programs work:
Difference of Offline Editing and Online Editing
Importance of Organizing your Files!
How to tell a story?
5.) Technical Specifications:
(Outputs/Formats)
6.) What programs to use for basic editing?
7.) Importance of Video Editing
Promoting your brand
How it affects your customers

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Click here>Basics of Photoshop 

Photoshop skills seem to be essential if you want to create catchy and effective graphics for your business. Let Amanda De Ocampo take you through the Basics of Photoshop.

Basic Photoshop
How to get started for beginners:
OUTLINE:
1. Editing Photos
a. Filtering
b. Gradients
c. Adding objects/type over numerous layers
d. Stamp tool

2. Layers
a. Layering a photograph
a. Adding objects/type over numerous layers
b. Masking

3. Removing an object from a photo
a. Make A Selection tool/ Magic Wand
– Similar
b. Quick Select to Expand the object
– Adding objects/type over numerous layers

4. Adding or using layers
a. Removing an object from a photo
b. Make A Selection tool/ Magic Wand
c. Using shapes
d. Typing

5. Cropping, Sizing and Saving images for Instagram and Pinterest
a. Instagram
b. Pinterest
Size, pixels, editing
Size, pixels, editing
Pinterest Moodboard

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Click here>Setting Up an Online Store 

Nowadays, you don’t need a physical store to sell things! All you need is an #OnlineStore. Learn how to make your own online store with Serial Entrepreneur Fitz Villafuerte.

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Click here>Basics of Shooting a Video 

Video is becoming the in thing! All you need to do is learn the basics of shooting a video. Learn from our resident expert, Dennis Abad.

Introduction
Why Shoot Video
Impact of Video on Common Mediums
Basic Videography and Audio Techniques
Maximising videos for your Business

——————-

Click here>Understanding WordPress 

Are you going nuts trying to understand how WordPress works?  Mr. Jerome Esperanza​ enlightens us on how to use #wordpress.

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Click here>Product Shots With A Purpose 

Envious of the great product shots you see on Instagram? Learn how to take great shots of your product with Sheila Catilo!

PRODUCT SHOTS WITH A PURPOSE
I. INTRODUCTION: Shooting with purpose
II. Getting to know your customer (who they are and what they’re looking for)
III. How photos can make or break your business
IV. 5 equipment you need to create a home studio
V. Steps (Planning, set-up, shoot proper, post-processing, publishing)
VI. Factors to consider when shooting products
VII. What to avoid when shooting your products
VIII. Effective rules of composition that sell
IX. Tips on taking product photos with your mobile phone

——————–

Click here>Digital Marketing 

Don’t have a clue on what Digital Marketing is all about? Why are people talking so much about is. Learn from our resident expert, Rosario Juan.

——————–

Click here>Content Planning

Words matter. Content matters especially in this digital world. Let’s all together learn from our resident expert, Rey Baguio.

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Click here>Time Management & Productivity

A question that is always brought up by aspiring entrepreneurs and by already small business owners is that how do you manage time? How do you see to it that you are productive at any given day. Learn from this Recording with Visuals with our resident expert, Sonny Del Rosario.

Understand the Challenge of Managing Time
– Prioritize
– Don’t Procrastinate
– Establish Goals and Deal with Blocks
– Delegate
– Say No
– Anticipate

Are you ready to Enter Entrepreneurship? Purchase these recordings now!

 

Skiddoo Philippines Inc

5 Golden Alternatives To Balikbayan Boxes

For the past several days, our Facebook newsfeeds have been flooded with news, rants, complaints, hate posts, and protests against the not-so-new but more vulgar implementation of the Bureau of Customs policy of checking Balikbayan boxes sent by Filipinos from abroad.

You could be one of the millions of OFWs and migrant Filipinos who are really angered by this ridiculous policy of our government.

Some of our kababayans and different organizations even organized a “No Remittance Day” as a protest against this bold and unnecessary move by the Bureau of Customs.

Although this will “hurt” the government a bit, we have no other choice but to remit the money that we have anyway after the “No Remittance Day”.

Here are the 5 effective and meaningful alternative ways to send your love back home without compromising your hard-earned money from the crocodiles in our government agencies. No Balikbayan box, no problem.

5 Golden Alternatives To Balikbayan Boxes

1) Send your money to your savings account.

Build an emergency fund for you and your loved ones back home.

If you are breadwinner, you should think about the possibility of losing your job and eventually losing your source of income. How will you support yourself if you don’t have an emergency cash available for you and your loved ones when this happens?

If someone gets sick and eventually the need to spend for significant medical expenses becomes inevitable, you or your family members back home can use this emergency fund.

You can also use this cash in case a typhoon or flood ravages your home or your car and therefore will need some repairs.

Balikbayan Box Philippines

 2) Purchase an insurance product for yourself and your family members. 

You are working abroad most likely because you have loved ones who need your financial support. You wouldn’t sacrifice the physical and emotional distance just for your own desires. You love your family, that’s for sure.

But what if you die today? Or you lose both your arms and legs? How will your loved ones survive if they do not have the financial capacity because you are their only hope?

Getting a life insurance or a health insurance are two VERY necessary items to be included in your bucket list as a breadwinner.

You will never regret purchasing one today.

AXA Philippines launched the very first online insurance store, the AXA iON, so that OFWs like you can purchase the necessary insurance product for your and your family’s protection.

AXAiON-Health-336x280

3) Open a stock trading or pooled fund account.

It is understandable that you want to shower your loved ones with goods and gifts that they do not get to have often and seldom experience back home. That’s why we send Balikbayan boxes as a way of saying how we love them despite being away from them.

However, preparing for your golden years while you are working abroad should also be on top of your priorities. If you don’t plan and prepare for it, who else will?

The same thing is true for your spouse, if you are a married OFW. You should be helping your better half in investing for her retirement years.

Letting your children know that you don’t want to be a burden to them when you grow old by investing for it as early as now is one of the greatest “Balikbayan boxes” you could ever give.

You can determine here how much you need to invest to have a happy and a comfortable retirement.

Two of the best instruments to address your needs during your golden years are mutual funds and stocks. Read up the articles through the links provided to learn more how to invest in them.

 

4) Send groceries, medicine, health cards, to your loved ones via BeamAndGo.

bng-white-on-orange1

With BeamAndGo, no matter where you are in the world, you can purchase gift certificates that will be sent to the mobile phone of your loved ones back home.

These digital gift certificates will enable you to buy food, groceries, medicine, health care, insurance, education, and other essentials for your family in a way that is affordable, convenient, transparent, and sustainable.

Your loved ones can immediately redeem these digital certificates at any of the participating stores under their network. There is no need to wait on long lines nor handle paper coupons.

So why need a Balikbayan box when you can just do it the BeamAndGo way?

5) Sell your stuff and old but still useable items online.

Instead of sending back home your old DVD player, television, kitchen appliances, furniture, clothes, and many other things inside your closets and drawers inside your apartment abroad, why don’t you sell them via the classified ads websites in your country of work?

You may also auction them on eBay, OLX, expatriates.com, and other similar websites.

You can also sell them to your neighbors and workmates who might be needing the things that you consider sending back to the Philippines.

You can save the money you earned from selling those stuff and bring it home yourself in your next vacation. Or if you really can’t wait, then use the money to do numbers 1 to 4 that I mentioned above.

Follow my posts on managing finances well while abroad by subscribing to BurnGutierrez.Com for FREE.

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Rock your way to abundance!

#moneyliferocknroll

P.S. 1. Are you an OFW who’s been looking for a investment placement where your money could grow higher than your time deposit accounts? Are you outside of Metro Manila and would like to start investing in mutual funds but have no personal advisors to help you out? Click here so I can help you open a mutual fund account NOW! .

P.S. 2. Due to popular demand, my good friend and business partner Jon Orana will be releasing again his online program called the Internet Business Master Class. This exciting online learning program is about creating and selling e-books in the internet. Here’s a FREE 23-page step-by-step guide on how to make money selling e-books including which topics to write.

P.S. 3. Bro. Bo Sanchez has appointed me as a coach for our young and new investors at the TrulyRichClub social site. It’s a fun, learning family with the purpose of “helping good people become rich”. I’m inviting you to join the TrulyRichClub too and email me at burngutierrezblog@gmail.com if you have any questions. Click here to join!

P.S. 4. My co-author/illustrator Des Feliciano and I have just launched our “The Adventures of Pepot Kuripot and Dora Gastadora” comic book! It’s arguably the first and only personal finance-influenced comic book in the Philippines. Order your copy now from our website http://pepotanddora.com and have it delivered right at your doorstep. Or you can grab your copy yourself at The Pantry at 07 in Makati City and ilovemilktea in Las Pinas City. Now available also in Australia, Saudi Arabia, and the USA! Email des_feliciano@yahoo.com for more details.
PepotCover1

P.S. 5. If you are based abroad or just outside of Metro Manila and has been itching to learn more on how to jumpstart your business dreams, join me and my friend, serial entrepreneur Ginger Arboleda, as we take you through a series 2-hour webinars (for 11 Saturdays) that will help you focus on the technical skills and specific things that you have always wanted to know about in order to grow your business. We have come up with 10 sessions with 11 expert lecturers (with 1 FREE session if you enroll in the full program) that will make you a stronger and better entrepreneur. Register here to join the Enter Entrepreneurship Webinar Program now!

P.S. 6. Learn How To Make Money From Foreclosed Properties! We are on our 3rd run of the Usapang Foreclosed Property Investing with Jay Castillo of ForeclosurePhilippines.com! Happening on September 26, 2015 at the SMX Aura, Bonifacio Global City. Click here to register and avail the early bird promo!

P.S. 7. Buy insurance products online! Visit the very first online insurance store in the Philippines: the AXA iON! Purchase your alternative savings plan, educational plan for your children, medical emergency plan, and your life insurance by clicking HERE.

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Photo credit: Balikbayan box Philippines, Wikimedia Commons