Are you keeping up with the Joneses and the Kardashians?
Do you feel small just because you can’t buy the things that you “need” but your neighbors can buy anything they “want”?
Comparing our limited financial capacity with others is oftentimes the main reason why we make bad spending decisions.
It makes our flesh weak and the pocket even weaker. Continue reading Are You Suffering From Comparisonitis?
Our living room airconditioner started to act like crazy last week because of extreme summer heat. We needed to look for a replacement immediately so yes, we had to use our “emergency fund“.
At first, my wife and I thought it would be cheaper to buy a second-hand (used), window-type, airconditioning unit of the same brand and same specification. And it’s more convenient for us since there is an airconditioning repair shop just in front of our apartment. So off I went to the airconditioning shop and asked someone to have a quick check-up on our AC unit.
After some pulling out of the cover and peeping through the sills, the repairman told me that the compressor should be replaced. He told me that the compressor costs around $210. I raised my right, no, left eyebrow and asked him ‘why is it so expensive?’ Continue reading You Can Save More By Spending More
Some companies in the Middle East have started to review their organization’s salary structures and status of their employees. It’s also the time for employees, expats and locals alike, to negotiate their salaries and ask for raises or promotions.
If you are someone who’s doing your best to improve your finances by living within or below your means, paying debts, building emergency funds, and investing, one thing that’s very important to keep your cash flow at the optimum is being able to get a salary raise.
What I observe about other nationalities like the Pakistanis, Indians, Egyptians, etc. is that they are very aggressive in haggling for a raise with their bosses as compared to their Filipino counterparts. Sometimes they even go straight to the higher ups just to convince them that they should be given a raise or get that long-been-asking for promotion. Continue reading Negotiating Salary – One Thing Some OFW’s Are Scared To Do