Category: Education

How To Be Buried in Debts

I was buried in debts. And I still owe good debts from some friends and relatives that I promise to pay soon. 😛

But here’s the thing: I don’t create new bad debts.

I just wonder how some friends and relatives earning no more than Php15k a month can afford to go to Singapore or Palawan (as evidenced by their latest photos in social sites) and afterwards borrow from other friends who themselves have never been to such places in their whole life. Piso fare, perhaps?

What would you feel if a minimum-earning neighbor play Zombie games on his iPad as you pass by their house while you, YOU who have been itching to have one soon but just couldn’t for now? Because you just paid all your debts and you still want to grow your savings by investing.

So you wanna splurge on unnecessary expenses and live above your means again? Here’s some advice for you. Continue reading How To Be Buried in Debts

Stocks, Bonds, Pooled Funds – What Are Their Differences?

It’s back to basics once again for our readers. Why go back to basics? Because only less than 2% of the Filipino population are investing.

It is presumed that almost half of that 1% are plainly putting their money in financial instruments such as stocks, funds, and bonds without even knowing the basic principles and concepts of investing. This shows how much the financial education sector have to work on to teach more Filipinos across the country and abroad.

For today’s post, I will be sharing video clips from various resources like Pesos and Sense, Investopedia, and InvestingAnswers. Continue reading Stocks, Bonds, Pooled Funds – What Are Their Differences?

Congratulations, You Wasted Money (And Making Excuses Again)

As promised, here’s the third outing of my “Congratulations” series to awaken our brethren and to bring them out of their senses. We do this to let them realize how they are losing money by spending beyond their means and how they are wasting opportunities to grow their little cash that they didn’t know what to do with in the first place.

The “Congratulations 1 and 2 were focused mainly on gadgets and expenses that should have been invested directly in stocks. If they only followed our recommendation to invest during the time they spent their hard-earned money (or borrowed maybe), they could have earned so much today they didn’t have to borrow money just to buy them.

Today, we will shift our gears in another investment vehicle called mutual funds. People who always had excuses that they don’t have time to time the market or to even check their portfolio at least once a month, investing indirectly in stocks via equity/stock funds of these mutual funds could be their last option to maximize their money’s growth. Vehicles with returns that will make them realize how they’re losing opportunities to become richer by procrastinating and spending on things that in reality they could not afford to buy. Continue reading Congratulations, You Wasted Money (And Making Excuses Again)