Dad, I Wish You Had A Life Insurance

I lived in Batangas for the most part of my life since he time my father chose to retire as a government legal officer early back in the 80s. I believe it was after the EDSA revolution and I was just around 9 years old.

The first year in that sleepy town and that beautiful province was relatively easy and comfortable than when we were in Manila. We built our own house out of bamboo poles, a few kilos of cement, and patches of plywood behind our ancestor’s old house. But the land where our small house stood was not my father’s. It was my uncle’s.

My parents ran a small restaurant called “Chow Nook” in that small hometown of Alitagtag, several years before Chowking was invented. The food was great, the prices were cheap, but our profits were small.

In short, we always run out of cash whenever my brother and I got sick. ‘Good thing’ we were living just around our relatives. Continue reading Dad, I Wish You Had A Life Insurance

What Are The Ways To Earn Through Foreclosed Properties?

There are three ways to becoming wealthy: through business, through paper assets, and through real estate. In this post, we will tackle about one of many ways to earn big bucks in the real estate investing arena: investing in foreclosures.

How do you make money from investing in foreclosures? There are various ways one can earn money through investing in foreclosures. Our friend Jay Castillo of ForeclosurePhilippines.Com has listed down all the possible ways based on what he learned in the past few years.

Here are the nine ways to earn your way to millions in foreclosed property investing: Continue reading What Are The Ways To Earn Through Foreclosed Properties?

Transforming OFW’s into OFI’s (Overseas Filipino Investors)

From OFW’s to OFI’s” was coined by our good friend, OFW UsapangPiso co-founder, and fellow financial literacy volunteer Hansen Sy and the phrase has inspired our group to ignite the flame of volunteerism by spreading the advocacy and accomplishing our mission.

How many OFW’s have considered investing back in the Philippines either through business or paper assets? Based on our independent surveys, not even close to 3%. We considered real estate as investment regardless if it’s to be used for generating income or plainly for ownership.

Spreading financial literacy to OFW’s never came handy for the group in the past 3 years. Never been easy. But as one of our volunteers in Manila quipped, “Lets make small ripples of change for the country!” Continue reading Transforming OFW’s into OFI’s (Overseas Filipino Investors)