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In good times, remember the “Joseph Principle”
It saddens me every time I read about a celebrity, way past his/her prime, now saddled with insurmountable debts, had to file for bankruptcy. I’m referring to Dionne Warwick, reportedly down to $1000 cash, and who filed for bankruptcy ($10M in debt). (Source: CNN). News like these are not uncommon. My point – this is not Read more
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How to avoid getting scammed
Many people were scammed recently. And the culprit got away stashing around P12 Billion as reported in the news. So who is to blame? Not the authorities. This seemingly legit company must have faked its company registration and was able to lure many people to bite into their “get-rich quick schemes”. Ponzi schemes, pyramiding schemes, Read more
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Notes from Steps to Financial Peace seminar
What: Steps to Financial Peace Seminar When: August 12, 2011 Where: Teatrino, Promenade, Greenhills Speakers: J. Randell Tiongson, Francis Kong, Jayson Lo, etc. This Finance seminar I attended was like no other. Here are some insights I picked up from this valuable seminar: 1. How to increase your Cash Flow Apply the 70/30 rule. Spend Read more
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