money
-
A Hard Reset for the New Year: Reflecting on Finance, Health, and Spiritual Life
I used to have a PC desktop. Every time it froze or “hung,” my last resort was to reboot it. Once restarted, everything seemed to work fine again — at least until the next time it froze. As the New Year approaches, many of us feel the same way. We take time to review the Read more
-
Why I am not into Bitcoin.
Two years ago, bitcoin/crypto investing seemed to be the best investment as many became instant millionaires, and a few billionaires. Some people I know jumped into the bandwagon. Me & my wife almost joined in the fray (who wouldn’t be attracted to this “investment craze” but the prudent side of me managed to hold back.) Read more
-
How do you solve a problem like DEBT?
Maybe you can relate. At some point in your life, some of you have been, are still or will be… in debt. Is this good or bad? It depends. A debt can be good if your life or present situation becomes better. This could mean that you borrowed money to invest in something to give you a good Read more
-
Mastering Your Money
Our society places too much emphasis on money. The evidence of this is that most of the time, people looks at the financial achievement of a person as if it were the true measure of success in life. This is a false standard and we must resist falling into the trap thinking that MONEY IS Read more
-
What Is That In Your Hand?
Background: In the Book of Exodus, God has seen the misery of Israel and He appointed Moses to go to Pharaoh and to bring the Israelites out of Egypt. However, Moses feared that the people might not believe him that God asked him to lead them out of Egypt. More than that, he admitted a Read more
-
Financial Education is on the rise
It’s human nature that whenever you talk about money, people will pay attention. Maybe because, in some aspects, money is the tool we use to satisfy both our needs and wants. Both personal desires if I may say so. Money is the magnet that pulls our desires into reality from the economic point of view. Read more
-
The Filipino psyche on Money Part 1
Last July 20-21, 2012, I got the chance to attend the Money Summit and Wealth Expo 2012 at SMX, Mall of Asia. At one point during the forum, the Financial experts at the Money Summit were amused that some people paid and went to the Summit expecting specific answers to their questions like what stocks Read more
-
How to Auto-Pilot your Investments (enroll your Mutual Fund account in BPI)
Note: This post applies to those who have invested in any of the mutual funds managed by Philam Asset Management, Inc. (PAMI). According to PAMI, One recent study* (Thaler & Benartzi, 2013) in the US points to automating investments as an effective way to solve Investor Inertia. As part of PAMI’s thrust in providing clients with ease of Read more
-
Notes on Total Money Makeover
Total Money Makeover is a book authored by Dave Ramsey. It’s about a proven plan for Financial Fitness. Here are a few hard and practical lessons I learned from this book: 1. Start saving up your emergency fund while paying your debts. It sounds easier said than done esp. if you’re earning just enough to Read more
20% knowledge, 80% behavior, budgeting, build wealth, building emergency funds, credit cards, Dave Ramsey, debt consolidation, debt myths, debt payment, emergency funds, financial peace, fun, gazelle intensity, giving, God, how to be debt-free, ignorance, insurance, investing, investment, life insurance, money, money is not evil, mutual funds, personal finance, retirement investing, spiritual character, the love of money is evil, Total Money Makeover, wealth -
Investing
There are many reasons why people invest. I can think of the following : 1. Capital appreciation – they want to grow their money short-term or long-term. 2. Wealth Preservation – they want to keep the little extra that they save and invest it as a hedge against inflation. 3. Goal-setting – they invest so Read more