Category: Business

Of Home-Based Businesses and Power Addresses

I’ve always wanted to be an entrepreneur but for the longest time, it didn’t want to be me. A few years ago, however, I got the opportunity to be one. I partnered with my cousin, who’s a great cook, and we set up small “isawan” or barbeque place in front of their house. Being the capitalist partner, I put up the capital needed to kick-start the business and she, being the industrialist one, supplied the expertise and labor.

Sales were so-so at first but within a week or two, it picked up. In a few months, I recouped my capital, as sales just kept on getting stronger. Unfortunately, my appetite was overwhelmingly stronger than sales. I practically ate the business to death. Continue reading Of Home-Based Businesses and Power Addresses

Should You Immediately Grab an 8% Annual Return Investment Offer?

An OFW blog follower sought my opinion earlier today regarding a business proposal being offered to her and her friends by a person who claimed that he is expanding his fishpond business in the Philippines. While I do not have a complete background of the proposal I told her right away that she needs to consider a handful of things before saying yes to the offer.

She mentioned that the business proposal is that they are being promised to receive an 8% annual return or annuity for every P50,000 she and each of her friends will invest in the said fishpond business expansion. However, the P50,000 that each of them will invest shall be returned to them only on the third year of the business. Continue reading Should You Immediately Grab an 8% Annual Return Investment Offer?

Advantages of Easy Instalment Plans for Credit Card Holders

Last month, Kuripot Pinay had a guest post here in our site and she talked about the pitfalls of giving in to 0% interest rates offered by credit card companies, banks, and partner shops. It was actually focused on the spending behavior of consumers who use credit cards.

For Kuripot Pinay, purchasing through 0% interest plans is a good tool to trim down payments if you have bigger purchases. You can be able to maximize the potential of the 0% interest provided that you have the discipline to pay it in full and on time. Assuming you are saving and investing, having a credit card is a great buddy to celebrate little victories in life by being a responsible spender.

We currently have a survey being answered by our Facebook group members and it’s quite surprising that a lot of responsible consumers view credit cards as a good purchasing tool. You can see a few of their comments in the screenshot below. And of course, our guest writer for today, Mark of MoneyMax.ph, will show us further the brighter side of easy instalment plans using credit cards in the Philippines. Continue reading Advantages of Easy Instalment Plans for Credit Card Holders