neville Posted March 28, 2014 Author Share Posted March 28, 2014 My money updates so far: 1. Got rid of one credit card. Finally. 2. About to pay off my tuition loan for this semester when I go to school this week.3. Joined a paluwagan with a 6 month cycle to help me save funds and earn some interest from it.4. Managed to use only cash for spending for the last month.5. Slowly paying off the existing card debt that ballooned to uncontrollable proportions.6. Scheduled the projected major expenses and budget for these expenses for the the entire year (yes, they are important expenses since they will pay off my bills). ***I have forgotten how good it feels to be kuripot, to not overspend, and to be debt-free. This kuripot lady is soooo back. Optimistic and way better 2014 it is for me. ^_^ Big loan paid off! Finally. :-) More breathing room and time to reduce more debt. Still kuripot. :-) Quote Link to comment
nolz Posted April 2, 2014 Share Posted April 2, 2014 Big loan paid off! Finally. :-) More breathing room and time to reduce more debt. Still kuripot. :-) i have learned lately that the best investment is to have your own business Quote Link to comment
maddromeo Posted April 3, 2014 Share Posted April 3, 2014 Ako to be honest may pagka kuripot ako, as much I save money for me & my wife we always need to support our families back home ( parents, siblings kamaganak etc...). Last Dec. paguwi ko just learned that my Mom sold our houses in Alabang & Tagaytay to pay for my cousins Chemo Therapy & bone narrow transplant. Atleast they were able to buy a smaller house in BF resort but my Mom still paying off other debts she incurred while my p#tang$na Tita & cousins went to Disneyland HK! Those f#&ks took my Mom for a fool, after tumulong ngayun iniwan Mom ko sa ere!!! Pati savings account ko sa Pinas simot at nag bayad pako ng utang nila sa Pinas! Sorry medyo off topic nako! Online rant lang that I need to get off my chest! For me real estate property would be a nice investment! Kapag may sobra pera bili ng lupa or bahay kasi it doesnt depreciate, you can have it rented or lease. May mga konti maintenance lang like renovation, property tax you have to pay at the end of the year pero minimal lang. I also plan to invest sa mga stocks & funds pero pinag aaralan ko pa at pag nakaluwag sa budget. True you need to have 3x saving worth of your monthly income/ expenses. Quote Link to comment
nolz Posted April 3, 2014 Share Posted April 3, 2014 Ako to be honest may pagka kuripot ako, as much I save money for me & my wife we always need to support our families back home ( parents, siblings kamaganak etc...). Last Dec. paguwi ko just learned that my Mom sold our houses in Alabang & Tagaytay to pay for my cousins Chemo Therapy & bone narrow transplant. Atleast they were able to buy a smaller house in BF resort but my Mom still paying off other debts she incurred while my p#tang$na Tita & cousins went to Disneyland HK! Those f#&ks took my Mom for a fool, after tumulong ngayun iniwan Mom ko sa ere!!! Pati savings account ko sa Pinas simot at nag bayad pako ng utang nila sa Pinas! Sorry medyo off topic nako! Online rant lang that I need to get off my chest! For me real estate property would be a nice investment! Kapag may sobra pera bili ng lupa or bahay kasi it doesnt depreciate, you can have it rented or lease. May mga konti maintenance lang like renovation, property tax you have to pay at the end of the year pero minimal lang. I also plan to invest sa mga stocks & funds pero pinag aaralan ko pa at pag nakaluwag sa budget. True you need to have 3x saving worth of your monthly income/ expenses. very true...kasi tayong mga pinoy are family oriented hindi kagaya sa mga canadiano na kahit sa grocery kanya kanyang bayad. Quote Link to comment
neville Posted June 20, 2014 Author Share Posted June 20, 2014 not being so kuripot lately....but debt restructuring helping a bit. with us helping our families financially, it's okay i think. But seeing them take for granted the help we extend even if we are not obligated to? disgusting. and such an attitude will make me decide to just cut off any support i give them. each person is obligated to help himself at the very least. that's a fact of life. Quote Link to comment
Wanderlusting Posted June 22, 2014 Share Posted June 22, 2014 My money updates so far: 1. Got rid of one credit card. Finally. 2. About to pay off my tuition loan for this semester when I go to school this week.3. Joined a paluwagan with a 6 month cycle to help me save funds and earn some interest from it.4. Managed to use only cash for spending for the last month.5. Slowly paying off the existing card debt that ballooned to uncontrollable proportions.6. Scheduled the projected major expenses and budget for these expenses for the the entire year (yes, they are important expenses since they will pay off my bills). ***I have forgotten how good it feels to be kuripot, to not overspend, and to be debt-free. This kuripot lady is soooo back. Optimistic and way better 2014 it is for me. ^_^ Nev, My thoughts: On #1 - Credit CardCredit in principle is not bad, as long as you learn proper debt management. At one point in time, I was actively using credit cards from 3 different companies. I was timing my purchases to take advantage of monthly billing schedules. i.e. I would push back my actual cash flow, but still pay the full amount come billing due date. This translates to about 1 month's worth of free credit line. The key really is not to spend what you know you can't pay for based on how long you plan to pay for it. On #3 - PaluwaganI would advise against this unless you know that ALL members of the Paluwagan are true to their word and not in financial distress. One other option if you're starting small: try depositing to 30-day time deposits and keep rolling it over and adding your savings every month. Once you reach significant volume, you can start looking at and transferring to higher yield options. On #4 - See #1 On #5 - Paying off DebtJust make sure you start with the higher interest debts / loans first and keep the lower rate debt for last repayment. On #6 - Cash Flow ScheduleGood job! Here's to you achieving financial balance in your life. Cheers! Quote Link to comment
matthew Posted August 25, 2014 Share Posted August 25, 2014 agree with item 3. you might also want to consider peso cost averaging in investing in mutual funds or the like. some banks such as BDO has a facility to deduct from your account on a predetermined schedule. it works as forced savings as well. Quote Link to comment
koala1 Posted September 9, 2014 Share Posted September 9, 2014 Investments have to be long term, so you'll have to regularly set aside a specific amount for this, and budget for other expenses such as debt payment, living allowance, emergency funds (medical emergencies), a separate fund that you'll use to lend or help other people (so that if you've already lent it out, you wont feel guilty in saying no to the next person who borrows or asks for help), money to give to parents, tuition fees, and a little money for your wants (treats). After setting these aside, use your investment fund wisely. There are plenty of investment models to choose from which you can search over the internet, but since you are young and working, I suggest you follow the rule of thirds. Invest 1/3 in low risk instruments, 1/3 in medium risk instruments and the last 1/3 in high risk instruments. This could translate to investing in bonds & government securities (low risk), blue chip stocks or UITF targeting blue chip stocks (medium risk), and high risk instruments could be aggressive UITF placements. One key is to buy or place investments regularly (say monthly) so by averaging, you spread the risk and will earn more in the long term. Know the companies you are investing in and don't go by what people say is "good" and blindly jump on the bandwagon. As much as possible, invest in companies with long term growth as this will be the basis of appreciating stock value. Avoid penny stocks. Hope you can find more info over the internet and find the approach that is right for you. In as much as other here have already given heaps of financial advice directly, my input to you is to research on scholarships here in Australia (a there are some exclusively for post-graduates ie Master's and Phd. A student visa will allow you to work part-time (20 hrs/wk) and you can expect to earn around AU$20/hr. To give you an idea of how wages and costs compare between Manila and Melbourne (for example), here is a link you might find helpful: http://www.numbeo.com/cost-of-living/compare_cities.jsp?country1=Australia&city1=Melbourne&country2=Philippines&city2=Manila&displayCurrency=PHPNote that while expenses are higher in Melbourne, monthly average disposable salary is more than enough to make up for it, and more. Quote Link to comment
goodboy053081 Posted October 1, 2014 Share Posted October 1, 2014 FREE Online Seminar by J3 PATINO,RFP (Registered Financial Planner) 1) "5 Pillars of Wealth"By watching this first video you'll be ensuring that you have a SOLID foundation for building wealth. Just click on this link to access it: http://gameofwealthonline.com/1-moneymatters/ Na-experience mo na ba makasakay sa financial roller coaster? Yung tipong isang araw, parang ang dami mong pera, at wala kang financial problems. Tapos sa susunod na lingo eh balik ka sa dati at BITIN ka ulit sa pera. Yung panahon na natutuwa ka na dahil may savings ka na. Tapos may mangyayari nalang at kakailanganin mong gastusin ang pinaghirapan mong savings? Ang madalas na dahilan nito ay kakulangan sa mga BASIC na lesson tungkol sa pagyaman. Ito ang na s-solve ng seminar series na ito. Click this link lang para mapanood mo na ang video na ito. http://gameofwealthonline.com/1-moneymatters/ 2) Video #2 of the Take the Leap, Invest within the Week is out. The basics of the stock market sooooooo simple,even a grade-school student will be able to understand it! >> Video 2: Basics of the Stock Market http://clicks.aweber.com/y/ct/?l=9UM_.&m=40LTITV6dPHP.qP&b=5LnvA6oPRITTxzcXvh2vqQ Watch it to discover the answers to these questions: What is the stock market? How does it work?How can you make money with it?How much money can you make? How do you avoid/eliminate risks in the Stock Market? and more! >> Video 2: Basics of the Stock Market http://clicks.aweber.com/y/ct/?l=9UM_.&m=40LTITV6dPHP.qP&b=5LnvA6oPRITTxzcXvh2vqQ P.S. The stock market is much simpler than what it seems. In this video you'll find how how simple it really is. Enjoy! 3)The Second Video of the 5 Pillars of Wealth Seminar is here!!!In this video, you'll learn about the BIGGEST and most COMMON mistake Filipinos make in their journey to wealth. Just click this link to start watching the video. http://gameofwealthonline.com/2-choice/ This mistake is about the definition of wealth. Actually, kung sa simula palang mali na ang definition mo ng wealth. Lalo na yung magiging paraan na gagamitin mo para yumaman. If you don't understand this common misconception about wealth, then it is impossible to build a SOLID FOUNDATION for your financial success. Click mo lang ang link na ito to start watching: http://gameofwealthonline.com/2-choice/ 4) Video #3: Investing Strategies!This video will make all the difference in your investing life. >> Video 3: Strategies of Investing http://clicks.aweber.com/y/ct/?l=9UM_.&m=46tZDhJpNPHP.qP&b=LIoVimHffoOo0mabGT_chw In today's video you'll learn about: "Strategy-Focused Investing". This concept will determine if you're going to be a "peaceful and confident" investor ORa "worried and stressed" investor. It will determine if the stock market will complement your lifestyle OR complicate it. That's why I'm excited for you to learn it! >> Video 3: Strategies of Investing http://clicks.aweber.com/y/ct/?l=9UM_.&m=46tZDhJpNPHP.qP&b=LIoVimHffoOo0mabGT_chw 5)We Filipinos are VERY hardworking. However, why are so many poor? Apparently, hard work isn't enough. In our 3rd video, you'll learn about the 3 ingredients for financial progress. And knowing and applying these 3 ingredients is the differencebetween Working HARD vs. Working SMART. Just click on the link below to start watching: Video 3: http://www.gameofwealthonline.com/3-process Pili ka nalang sa 4 options when it comes to your results... No Hard Work + No Smart Work = Poverty. Hard Work + No Smart Work = MediocrityNo Hard Work + Smart Work = Above Average SuccessHard Work + Smart Work = MASSIVE Success Smart Work o pagiging "wais" ang kailangan para maging successful. Yun ang matututunan mo in this next training video. Just click on the link to start watching: Video 3: http://www.gameofwealthonline.com/3-process 6) It's time for you to win the Game of Wealth!You have been playing the game since you were born. The big question is - How well have you been playing? Video Link: The Conclusion - Winning the Game of Wealth http://clicks.aweber.com/y/ct/?l=F_7O2&m=3znxAQhUeCoK2qP&b=cAHm99rij8TyELo1nYOqaw In the past 3 videos I've sent you, you have learned about the 5 Pillars of Wealth. And if I were to to summarize the 3 most important lessons in the series... 1. Money is important therefore it should be studied.2. Wealth is a choice, while poverty is a result of not making that choice. 3. Wealth is a process, that's why anyone can become wealthy. That online seminar series was meant to be just the "awakening" course.Pang-pa gising lang talaga siya sa mga walang malay tungkol sa pera. Today in this video, (now that you're already "awake")...I show you the exact steps on what it takes to win the game of wealth. Video Link: The Conclusion - Winning the Game of Wealth http://clicks.aweber.com/y/ct/?l=F_7O2&m=3znxAQhUeCoK2qP&b=cAHm99rij8TyELo1nYOqaw P.S.This is going to be the start of a financial literacy revolution!To be a part of this movement, just click the link below: Video Link: The Conclusion - Winning the Game of Wealth http://clicks.aweber.com/y/ct/?l=F_7O2&m=3znxAQhUeCoK2qP&b=cAHm99rij8TyELo1nYOqaw 7) Here, you'll learn about a tool that will make investing "hyper-convenient" and "super-profitable" >> Video 4: Practical Investing http://clicks.aweber.com/y/ct/?l=9UM_.&m=3zfyGiqTOPHP.qP&b=K7rZ56baYWeXWOuqQYVg_Q Investing isn't just about the money. It's about what you can do with the money after. It's about more dreams being fulfilled. It's about more beautiful memories being created. It's about more people being loved. >> Video 4: Practical Investinghttp://clicks.aweber.com/y/ct/?l=9UM_.&m=3zfyGiqTOPHP.qP&b=K7rZ56baYWeXWOuqQYVg_Q 8) Time to take action!It's time to take the leap and get started with investing! >> Video 5: Taking the Leap ACTION STEPS that show you the EXACT steps you need to take to get START in the world of the stock market. Here's what you'll get in the video: an instructional guide on how to get started and create and accountan inside tour of COL's website a downloadable 1-page resource and action guide (super valuable!)With these things you're be all set to get started and take the leap. You're already mentally, emotionally and intellectually ready. The only thing left is for you to actually do itSo take the Leap and you'll be able to Invest Within the Week! >> Video 5: Taking the Leap http://clicks.aweber.com/y/ct/?l=9UM_.&m=3rfc.cL5yPHP.qP&b=Lg1xyuVcXYlGXdLBEGsBpw This is the last video in the online seminar series. 9) What is your gameplan for becoming wealthy? Do you have a structured approach to budgeting your money? Is your budget aligned with your real life goals? Or Is it just budgeting, for bugeting's sake? Do you understand how you should use the different financial toolsbased on your unique goals and financial objectives? Or are you investing just because 'sabi maganda daw'... Are you confident that if you keep doing what you're doing now...that you will be able to achieve your goals in life? Or is it just "blind-optimism", na puno ng "sana" or "bahala na". >> Learn how to create a financial gameplan here. http://clicks.aweber.com/y/ct/?l=F_7O2&m=3zUa5tAJNboK2qP&b=D8b1rnpsFLbjt4AtZ0zExg These are hard questions to answer. Masakit sa ulo, kasi serious topic talaga eh. But this email is only for people who are serious about their goals... If you're SERIOUS about creating a better life for yourself and your loved ones...If you want to LEARN how to World of Money works...If you want to KNOW how you can achieve financial freedom, step-by-step... If you want to be CONFIDENT in your daily money decisions... Then Its highly recommend that you get Game of Wealth Premium Seminar. It is an online seminar, with 8-hours worth of comprehensive content about: Wealth Mindsets, Saving Techniques, Budgeting, Getting Out of Debt, Insurance, Healthcare, Mutual Funds, UITFs, Equities, Bonds, Tithing, Fate Funding, Gamification, Passive Income, Real Estate, Network Marketingand so much more.... The bottom line is, after going through the online program...you will ensure that EACH peso you spend, and EACH activity you engage inwill bring you closer to your financial goals and aspirations. >> Details of the seminar can be found here http://clicks.aweber.com/y/ct/?l=F_7O2&m=3zUa5tAJNboK2qP&b=D8b1rnpsFLbjt4AtZ0zExg 10) Many people know that they SHOULD be investing. Some people know HOW to invest already. But only very few are ACTUALLY investing. This problem really bothered me, so I thought about it. For some reason there are "things" that hold people back. Things that we know exist, but can't quite figure out and overcome. Investing is not only about the money. Nor is it about knowing how to do it. There are 3 specific barriers that must be overcome. Psychological BarriersPersonal BarriersSocial Barriers.To the few who are already investing, it was by CHANCE on how they overcame these barriers. But to most, an active effort must be done to overcome them. >> Overcoming the Barriers to Investing There's a segment there where my fellow investors share their experiences. You'll get to learn all about it in the video. If you know "something" has been holding you back with investing...You'll find it here in this video. Watch it, and break free! If you're already one of the few who have started to invest, this will motivate you to keep doing what you're doing. >> Overcoming the Barriers to Investing http://clicks.aweber.com/y/ct/?l=9UM_.&m=42TQv_Ku1PHP.qP&b=XE7s5E0E84OAAPAz6Egx2g 11) > Q&A Session Video Training http://www.stockmarketforpinoys.com/learn/qa-session This Q&A video contains 80+ mins worth of amazing content. We talk about stock market crashes, and what to do about them. We talk about other investments like Mutual Funds, UITF's and VULs as well. and sooo many more. >> Q&A Session Video Training http://www.stockmarketforpinoys.com/learn/qa-session 12) "The most expensive money mistakes are the ones you have no idea you're making." Article Link: 3 HIDDEN Costs of Being Financially Ignorant http://clicks.aweber.com/y/ct/?l=F_7O2&m=3ynXXzQnlioK2qP&b=sIGuK4yuQljWWizNBtQ.qA By the way, you can also forward this article to friends and family. After all, the game of wealth is a TEAM GAME. The more you're surrounded by financially successful people, the more you'll be sticking to your commitments and goals. Just click the link below to read the article: >> 3 HIDDEN Costs of Being Financially Ignorant http://clicks.aweber.com/y/ct/?l=F_7O2&m=3ynXXzQnlioK2qP&b=sIGuK4yuQljWWizNBtQ.qA 13) In this blog article you can learn how he was able to start investing, with a meager P11,500 per month salary, while supporting 2 kids. >> Continue reading his story here. http://www.stockmarketforpinoys.com/?p=1610 14) In this Q&A video we talked about: Family and MoneyBeing a "Slave to Money"Dealing with Foreign CurrencySSS and GSIS (and how the pension is a SCAM!) Estate Planning 101VUL vs. Mutual Fund + Term Insuranceand much more! Youtube Link here: 15) Lets REVIEW: Video 1: The Goals of InvestingLink: http://www.stockmarketforpinoys.com/learn/goals-of-investing Video 2: Basics of the Stock MarketLink: http://www.stockmarketforpinoys.com/learn/basics-of-the-stock-market/ Video 3: Investing StrategiesLink: http://www.stockmarketforpinoys.com/learn/strategies-of-investing/ Video 4: Practical InvestingLink: http://www.stockmarketforpinoys.com/learn/practical-investing/ Video 5: Taking the LeapLink: http://www.stockmarketforpinoys.com/learn/taking-the-leap/ Bonus Video: Overcoming Barriers to InvestingLink: http://www.stockmarketforpinoys.com/learn/barriers-to-investing/ Bonus Stock Market Q&A SessionLink: http://www.stockmarketforpinoys.com/learn/qa-session 16) May ipon ka ba?Nakakapag ipon ka ba? The skill of saving money is SO IMPORTANT!It's the building block to all forms of wealth. Without savings, you can't invest. Without savings, you can't start a business.And even if you manage to borrow money for the business, if you can't manage that money well, you'll be buried under debt! So if you're someone who has still trouble saving...I uploaded a short video for you in Youtube. http://clicks.aweber.com/y/ct/?l=F_7O2&m=43yHFcoLC5oK2qP&b=AWDoPm1GHH._NiWDppdGVA Link: How to Save Money http://clicks.aweber.com/y/ct/?l=F_7O2&m=43yHFcoLC5oK2qP&b=AWDoPm1GHH._NiWDppdGVA 17) In the big picture... investing is actually EASY to do. It just becomes DIFFICULT if you're not yet ready to invest. Link: 7 Things You Need to Have Before Investing http://clicks.aweber.com/y/ct/?l=9UM_.&m=3wb8I9P8gvHP.qP&b=BIinhRP_BwflJqKBsOI.xQ Do you think you can build a 3rd floorif you haven't started building the 1st and 2nd floor? Of course it's going to be tough because you still don't have a solid foundation. Investing works in the same way. You first need to have a solid foundation. If you want investing to be easy for you. Otherwise, it's going to be difficult, unsustainable and even impossible. Link: 7 Things You Need to Have Before Investing http://clicks.aweber.com/y/ct/?l=9UM_.&m=3wb8I9P8gvHP.qP&b=BIinhRP_BwflJqKBsOI.xQ So you build a good financial foundation for your current and future investments. 18) Money is always being associated with greed, materialism and other bad stuff.(Thanks to all the bad, evil and greedy people out there...) But have you ever heard of the term "Holy Money"?Do you believe that money CAN be holy? Watch the video: Holy Money 19) There is a poverty conspiracy going around. It's the reason why many Filipinos are poor, while only a few people are able to achieve real wealth... It's been going around for a very long time. And even the people you love the most, and your closest friendscan actually be spreading this conspiracy. Read all about it here: "10 Popular Sayings on Money - That You Should NEVER Believe"http://www.stockmarketforpinoys.com/?p=526 Right now, a lot of people are getting "enlightened" with this article.In the same way, people were probably "awoken" when they read Noli Me Tangere or El Filibusterismo. But this time, it's about fighting the Pinoy poverty conspiracy. Read all about it here. "10 Popular Sayings on Money - That You Should NEVER Believe" http://www.stockmarketforpinoys.com/?p=526 20) Do you have a crystal clear understanding on how financial products work? How they differ? What's their purpose? How to use them? If it's unclear to you, then you can start learning today! I created a video about Insurance vs. Investments(Very basic, very simple, just about 6 mins long) Click here to watch the video: Insurance o Investment? http://youtu.be/5ebRIgwy1iI 21) Here's a short that can reassure youof your long-term investing strategy in the stock market: Video Link: Stock Market Update from the Chairmanhttp://www.stockmarketforpinoys.com/trc/videoupdates/ 22) "The Stock Market WON'T Make You Rich" It's kind of k*ll-joy and depressing isn't it? But do I agree with it? Absolutely. >> Click here to learn why. http://clicks.aweber.com/y/ct/?l=9UM_.&m=44ldbyLS9YHP.qP&b=nnkSCWAeLd7lrJJEpCas0g In this latest article, you will learn about the proper expectations you should have as you invest in the stock market. This way, you can set realistic and achievable goals, while understanding what else you have to learn in order to achieve your financial goals. Click the following link to read the article: >> Why the Stock Market Won't Make You Rich (and What To Do About It) http://clicks.aweber.com/y/ct/?l=9UM_.&m=44ldbyLS9YHP.qP&b=nnkSCWAeLd7lrJJEpCas0g 23) Click the link below to watch the Q&A Videos: http://pinoymoneyacademy.com/game-of-wealth/bonuses/qa-sessions/ Also, the Resource Guide is also ready for download. Click the link below to download the Resource Guide:http://pinoymoneyacademy.com/game-of-wealth/bonuses/resource-guide/ 24) When you shared the stock market with your friends and family,What kind of reaction did you get? Did they STOP you because it was risky?Did they ASK you to teach them?Or did they simply didn't care? " 5 Stock Market Mythsand how to answer/overcome them as well " Youtube Video Link: Top 5 Stock Market Myths http://clicks.aweber.com/y/ct/?l=9UM_.&m=3zNBmRXR9oHP.qP&b=z5wSRdUOVGQJp4upNmtOdw In this video, you can really help clarify the misconceptions about the stock market. And in the off-chance that you're still not yet investing...Then this video can remove some the most common obstacles. Youtube Video Link: Top 5 Stock Market Myths http://clicks.aweber.com/y/ct/?l=9UM_.&m=3zNBmRXR9oHP.qP&b=z5wSRdUOVGQJp4upNmtOdw 25) WARNING! Are you familiar with the social status trap? This is the (DANGEROUS) belief that by climbing the social ladder, you are also improving your financial stability. This wrong belief is the reason why many people are poor. Because they buy things that will only make them FEEL or LOOK rich. But actually have a negative impact to their wealth. I shot a very quick video about it here: Youtube Link (This video is just 5 mins long, but the lessons you're learn will last for a lifetime.) 26) Last April 2014 was one of the biggest IPO's in the country. Double Dragon (DD) spiked to 50% gain during its first dayrose further to 135% gain 30 days later, and by May 14, it had already rose to 263% gains! Triple digit gains in such a short amount of time! Now, its good that people are making money, these events can also make a lot of people GREEDY and STUPID. That's why I felt the need to create this video about IPOs,so you have a REALISTIC sense of both the benefits and risks of IPOs. Here's the Youtube Link: (Sorry to have to be KJ about all this fast/hot/quick money) But responsible investing is much more important that emotions. 27) Do you think you are financially fit? Actually there is no standard test for that - but these articles could give you a good idea of where you are already. Here are the links: Test #1: 7 Financial Milestones to Reach Before You Hit 30 (Have you reached these milestones?) http://clicks.aweber.com/y/ct/?l=F_7O2&m=3weiy5ULWnoK2qP&b=4NormIBMULZF2PL2umrIHA Test #2: 17 Things Yuppies Need to Know to Win the Game of Money(Can you guess these 17 things?) http://clicks.aweber.com/y/ct/?l=F_7O2&m=3weiy5ULWnoK2qP&b=oZYAFfMAVwcA_9FNesKg5Q 28) Let me ask you a quick question - which would you rather have?a.) 2 FREE Cute Puppies ORb.) Money enough to pay for 4 years of college in a premier university? Of course B is the obvious choice!But do you know that a LOT of people choose A?And they do it over and over and over again as well? This financial error is due to the lack of understandingof the concept of OPPORTUNITY COST. Simply put, its the opportunity lost when you decide to buy one thing over another. In this new video, you will learn how seemingly small, and harmless choices, can actually hold us back from our most important goals in life. Find out how it happens and how to prevent it by clicking here. http://clicks.aweber.com/y/ct/?l=9UM_.&m=3u.mvB9MfkHP.qP&b=549docCHJbI80p4p5W26jA Lot's of small but powerful lessons in this video! which would you rather have?2 FREE Cute Puppies OR Money enough to pay for 4 years of college in a premier university? http://clicks.aweber.com/y/ct/?l=9UM_.&m=3u.mvB9MfkHP.qP&b=l1zBnx1_Mn.TeaPlngu3Mg Quote Link to comment
neville Posted October 6, 2014 Author Share Posted October 6, 2014 At this point, I really wish for a big windfall to get me out of my debt woes once and for all. Tsk! Quote Link to comment
goodboy053081 Posted October 6, 2014 Share Posted October 6, 2014 FREE Personal Financial Coaching and Financial Literacy Seminar Do YOU want to: Provide for all your family's daily needs and some wants? Secure your children's education?Have a comfortable retirement? Have peace of mind when it comes to your finances?Pursue your passions in life without worrying about money? If you answered yes to any of the following questions, then We happily invite you to a free live financial literacy seminar and personal coaching session! In this seminar you will learn how to build a solid financial foundationand also get a financial coach to guide you to how to personalize your financial plan. We just like to share with you that this is a seminarthat Bo Sanchez himself attended many years ago. This seminar and coaching was a part of his transformation from a poor preacher to a millionaire missionary. Do you want financial security and freedom for your loved ones? Would you like to build a solid financial foundationand increase your income at the same time? Attend the FREE Personal Financial Coaching and Financial Literacy Seminarby the IMG-Truly Rich Maker’s Team as soon as possible! What People Are Saying… The IMG-Truly Rich Makers are “missionaries of financial literacy ” helping one family at a time achieve financial freedom. The team advocates financial literacy, discipline and entrepreneurship to help create wealth. Here are a few things people have to say about the IMG-Truly Rich Makers Seminar: “I recommend that you these meetings and seminars because you will learn how to grow your finances, how to become financially free, and how to solve your financial problems. You’ll learn it step by step, and so much more.” Bro. Bo Sanchez – Motivational Speaker, Financial Advisor “What I love about these Free Financial Literacy Seminars by IMG-TRM is that they give you sound investing principles and really empower Filipinos be smarter with their money (unlike other with pseudo-education just to make you buy their products…). Here you get real coaching and education, so you’ll get REAL results! J3 Patino – RFP, Advocate for Financial Literacy “I believe I had so much to give, pero hindi ko alam kung saan ilalabas. So I was praying to the Lord to use me… then he introduced me to IMG. I believe with what I know now, this is just the beginning, and the best is yet to come! Dulce Calija – Ilocos, PH What Will You (Exactly) Learn from the Seminar? There are two parts to this training event. Part 1 is the seminar for the financial concepts. Part 2 is the coaching where a financial coach will help you apply these concepts. The topics will include (but not limited to) are the following: The Six (6) Steps to Financial Security/FreedomThe X-Curve Concept of Financial PlanningThe Four (4) Major Needs for a Complete Financial PlanCreating Multiple Streams of Income (Active, Portfolio, Passive, Royalty)Understanding Different Investment Levels, Vehicles and StrategiesHow to Become Your Own Financial Adviser and Earn from it!Bonus: One-on-One Financial Coaching to apply what you learned…and many more….Who Should Attend This Seminar? We believe that everyone should be financially educated (because money is a part of everyone’s life), the people who will gain the most are: Young Professionals – who want to get a ‘head start‘ in building a strong financial foundation for their future.Responsible Parents – who want to prepare for their children’s future financial needs Dedicated OFWs – who want to secure their families future, and be with them permanentlyAspiring Entrepreneurs – who want to shift from the corporate world, to building a flourishing business of their ownSoon-to-be-Retirees – who want to have a comfortable and meaningful lives during their retirementNote: If you do not belong to any of the groups above (like students), but still want to learn, then of course you are still welcome!For couples, you are encouraged to attend the seminar together with your partner, because money after-all is a team game. When and Where is the Next Seminar? The FREE financial literacy coaching and seminars are conducted weekly in Metro Manila – Makati City.The usual schedules are during Tuesdays, Thursdays and Saturdays. Makati City – Chino Roces cor. Dela Rosa (9F King’s Court Bldg 1)Every Tuesday, Thursdays and Saturdays What else should I know about the seminar? Will I be sold anything? At the end of the seminar, there will be a coaching session where you will be presented with the 3 Levels of Investing. At this point, the partner products of IMG will be presented. Feel free to ask your assigned coach anything about the investments available, and take as much time as you need (don’t be shy). Because the main focus oof IMG is your education first, and the selling comes second. That’s one of the unique things about this seminar (and that’s the only reason why I’m endorsing this seminar). The focus is real financial education and money management strategies. Take a look at what a fellow personal finance blogger has to say: “Unlike most companies whose focus is in selling their products, IMG is more focused on educating and helping people increase their financial I.Q. – because they believe that when you understand the importance of saving and investing – then you’ll already take it upon yourself to develop a financial strategy and learn more about their products and services!” Fitz Villafuerte – Financial Blogger and Advocatewww.fitzvillafuerte.com Why is this seminar for free? A big factor on why this seminar can be offered for free is because of IMG’s corporate partners (see image below). You can rest assured though that you won’t be sold to with any of these products. But, you will be learn of how these products can help you achieve your specific financial goals. So IF in your continuing financial education, you realized that you do need to have healthcare, insurance or want to make investments, or have estate planning, then you can inquire about the appropriate products of these partner companies. P.S. Attendance: While these seminars are conducted for free, seating is often limited. So please honor your registration. Quote Link to comment
bigandstrong1 Posted September 17, 2015 Share Posted September 17, 2015 I'm looking for advices from financial planners and rich folks who managed to retire early. I'm 35 this month, no dependents and projecting I will be single forever. Currently, I have savings and mutual funds. Im also paying off my card debt which will be paid off by november and personal loans which in my current plan, will be paid off next year. I have work and plan to take my Master's next sem. What investments do I need to buy for my long term gain? Should I tweak my budget and payment scheme to reach my goals quicker? Thanks!1.Pay all your debts fisrt.2. Dapat meron kang specific goal na dabat mong ma reach.3. kung alam mo na ang goal mo ay pang long term goal. Invest in equity funds, kung short term goal naman ang plan mo invest in bond funds Quote Link to comment
neville Posted December 17, 2015 Author Share Posted December 17, 2015 And I have not cleared my debts still...Tigas kasi ng ulo. The good news is, I am finally on the way to clearing both long-term and short-term debts. I guess it will take four years on my present income before I finally get rid of them. At least I finally have the discipline to really act on it. And yes, I'm saving money along the way. I can't neglect my savings project. Quote Link to comment
Lordace13 Posted January 24, 2016 Share Posted January 24, 2016 Which is better mutual,equity funds or bonds? Quote Link to comment
bigsam Posted January 24, 2016 Share Posted January 24, 2016 Which is better mutual,equity funds or bonds? depends on your risk appetite.. mutual - there are 3 kinds, aggressive, conservative, and in the middle. equity funds - aggressive, high risk / high gainbonds - conservative, low risk / low gain Quote Link to comment
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