Last April, I wrote about an article about my upcoming Good House Keeping Magazine feature on the Money Makeover section. I received an email from one of the writers of the said magazine inviting me to share my expertise in the field of finance and money management. She gave me a series of questions by email and I answered it to the best that I could. Today is the month of July and I was so excited to buy the magazine as this would be my first time to get featured in a magazine. I visited

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Each and every one of us has his own source of motivation. Motivation drives us to excel in the things that we do. It empowers us to become the best that we can be in every thing that we do and in every endeavor that we enter ourselves into. What’s your source of motivation? You may use your economic status as your motivation. You want to alleviate the way you live. Or you may use your family as your source of motivation. Or you may want to prove yourself to other people who don’t

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Are you a shopaholic? Are you a frequent shopper? Is shopping your hobby? Are you always on the hunt for finding great deals and worth bargains? Leave the mall behind and you might be surprised how far you can stretch your peso. Being on a fixed income doesn’t mean you have to live meager life. Try savvy shopping at consignment stores, flea markets, thrift stores, and yard sales. There’s probably one in your neighborhood. Try to find these stores and you’ll definitely get more bang

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Debts - they are there to make our lives miserable. They are the cause of financial problems. They command us to work for the rest of our lives and become corporate slaves. Some people lose their insanity because of too much debt. Some commit suicides because they are heavily burdened by a lot of debts while some get into jail because of non-payment of their debts. Yet if you know how to manage your finances, you can live a debt free life.   Here are some great advice for changing that and

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All work and no play can make us lose our sanity. In the cash flow game, there are doodads. It represents our expenses on entertainment and leisure. From time to time, we must enjoy our hard earned money. From time to time, we must treat ourselves to entertainment. This does not mean that we must spend all our hard earned money. You can splurge yourself to entertainment without having to spend too much money. Enjoy a thrifty night on the town by following these frugal tips.   Know before you

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More and more companies are declaring Chapter 11 bankruptcy as a result of the global recession and economic slowdown. We have seen huge companies such as Lehman Brothers, Washington Mutual, Nortel Networks, General Motors and other companies succumbing to the effects of the global recession. The latest among the list includes Six Flags declaring bankruptcy. Six Flags is the world’s largest regional theme park company with about 20 theme parks operating across US, Canada and

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Managing your money is the best way to educate yourself to become financialy intelligent. You are the best manager of your own assets. Learn how to take charge of your own money and stop supporting lenders and retailers with cash that should be supporting you and your loved ones. Here are some of the smart ways to manage your finances to reach your financial goals and become rich in the end. As they say, the early bird catches the worm.   Set goals for your gold. Set specific goals. Decide

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I was reading GoNegosyo and I read about the life story of Dado Banatao. He was considered as the Filipino version of Bill Gates since both came up from a technical background, introduced technologies that transformed the computer industry, and built large successful companies from the ground up. I was really amazed on how far Dado already went in pursuing his dreams especially knowing his roots. And as such, he was the featured story for today in the rags to riches entrepreneur section of

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Everyone wants to have his own home. A home that would serve as a shelter for us. A home where family values and harmonious relationship would prosper. It is one of the most important investment that we would have in our life. However, because of high tag prices of homes, how can we afford it to have one? You could buy the house of your dreams at the smartest price when you use these essential real estate tips.   Know your market. Get to know the local housing market. For example, learn how

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Stock Brokers. They are there to help you carry out your decisions in terms of stock investing. I remembered Kiyosaki saying that you should not look for brokers because brokers are so-called brokers because they are “broker” than you. Instead, educate yourself effectively in such investments and make your own investment decisions. But if getting a stock broker cannot be avoided, here are some of the tips and guidelines when you’re dealing with your broker or financial

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Do you ever wonder what’s the cause of the break up of marriages? It’s usually the subject of money. What if the breadwinner gets downsized? What if he lost his job? Schools usually teach Scholastic Aptitude Test (SAT). You want to know how good you are in reading, writing and arithmetic.  These are very important skills. And depending on how well did you perform in SAT, the  next thing schools focus on is the Professional Aptitude Tests (PAT) to know whether you’ll

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Recently, with the onset of the global financial crisis, there has been an increase in the number of companies declaring bankruptcies. But why do companies declare bankruptcy? What causes these companies to declare bankruptcy? As a research analyst of Chapter 11 bankruptcy filings, I’ve been involved in various Chapter 11 bankruptcy cases. And during the past reports that I’ve made, here are some of the reasons why do companies declare bankruptcies: Liquidity. Because of low

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