Category: Life Lessons

Investment Guide for Every Stage of Life

Making investments empowers people to be financially aware and wise. This is especially true if you do it to achieve long-term goals and with a savings plan in place. Otherwise, the benefits you get from your investments may not be enough to bring about significant changes to your financial goals.

The general rule is to start investing as early as possible and grow your investments across every stage of your adult life. Of course, you need the right mix of investment products and strategies to become successful and reap its rewards later on.

The accompanying infographic is an excellent start to learn more about investing. Continue reading Investment Guide for Every Stage of Life

How To Handle Income Differences Among Your Siblings

Are you the breadwinner of the family? Have you been blessed with windfall and is expected by your siblings to give them or their children balato or significant money gifts?

In Filipino and Asian culture where families are closely-knit, there is always an assumption that good fortune enjoyed by one sibling should be automatically shared with the others. For example, if one family member becomes a successful entrepreneur, he may be expected to find jobs for his brothers and sisters and probably their children as well. The brother or sister with more money may pay for the educational fees and related needs for the nieces and the nephews.

What siblings owe one another has no ready answer. Family history, cultural traditions, and personal beliefs shape the way how siblings share with, support, and help one another.

Here are few suggestions for siblings dealing with money differences that can maintain understanding and fellowship in the family. Continue reading How To Handle Income Differences Among Your Siblings

7 Things To Do When You Lose Your Job

Losing a job that is out of your control is probably one of the most heartbreaking experiences. It can bring you sleepless nights because of bills to pay and other financial responsibilities.

Once you’ve received the pink slip, your mind is already racing with questions: How did that happen? What could you have done something better to not lose your job? But perhaps the most anxious question to ask yourself is “What will I do next?”

Here are seven things to do while you are mourning the loss of your precious job.  Continue reading 7 Things To Do When You Lose Your Job