There are times that we need cash for emergency purposes and that’s the main purpose why it is advisable to put up an emergency fund before you invest the rest of your money. One of the best ways to get an emergency cash loan is through your credit card cash advance. However, if you don’t have credit card or if you have reached the maximum credit limit, then you can resort to what they call payday loans. Payday loans are short-term loans with some ranging from fifteen days or

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For all those who are my friend at facebook, probably by now, you have already knew that I was one of the major resource speaker in yesterday’s Blog World Philippines 2010 where I talked about the special topic of Financial Blogging. It was my first major speaking engagement. I was surprised the day I received an invitation from Sir Leo Fuentes, the President and CEO of Asian Institute of E-Commerce. They have campuses mostly located in Pangasinan. It was attended by a lot of students

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Times are tough nowadays. There are a lot of job layoffs and salary freezes. Companies are squeezing their budgets so employees are multitasking as of now performing two or more job responsibilities more than they usually do without getting enough salary increases. If your job responsibilities have changed and grown, you should address this situation with your manager as soon as you can. If you don’t you’ll only build resentment and also miss a valuable opportunity for

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Everyone starts from a dream. Dreams drive our determination to succeed. Dreams increases our will power. In reaching your dreams, it’s not always a safe and smooth road. You need to encounter a lot of trials and hardships. A lot of times you will fail before you can even see a first glimpse of success. You should be able “to fight the unbeatable foe” and “to run where the brave dare not go”. Failures are always part of every success. It teaches us valuable

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The health of the economy is directly proportional to your investments. If the economy is doing good, then chances are your investments will also earn good. However, if the economy is experiencing a downturn, then definitely, your investments too are affected. Since the US has the largest economy in the world, most people watch its economy as it may have a domino effect to smaller economies most especially for countries whose main clients for their export products is the US market. According

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Having lots of debts is different to manage. You may need to track down all debts from one creditor to another including interest expenses and late payment charges. One solution to handling multiple debts is through debt consolidation. Debt consolidation entails taking out one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing only one loan. More often, debt consolidation involves a secured loan

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One of the most liberal idea of famous Rich Dad Poor Dad author Robert Kiyosaki is that SAVERS are LOSERS! Yes, you’ve heard it right, Kiyosaki said that savers are losers! You may think that this is in contrast with the notion of personal finance as it talks about saving money but no it isn’t. Just like in Sports like the upcoming 2010 Winter Olympics, an athlete must first prepare to achieve his end goal. He then sees the end of the line before he even starts. In preparing for

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In this article, I will introduce a financial derivative called Forward Contracts. What are forward contracts? Forward contracts are used by companies to take advantage of a speculation. A forward contract is an agreement between two parties to buy or sell a specific asset at a certain future time for a certain price agreed today. It costs nothing to enter a forward contract. The party agreeing to buy the underlying asset in the future assumes a long position, and the party agreeing to sell

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Marketing is one of the most important skills that you need to develop whenever you plunged yourself into business. Marketing is the way you promote your products or services. It is a way to get your products known to the public and target your customers. In one of my previous posts, I wrote about some low capital marketing ideas. While there maybe a lot of ways to market the products or services of your business, you need to study first the so-called Four P’s in Marketing to hone and

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The Philippines is going to elect another leader this coming May. Who deserves to be the leader among those contenders? Who has the qualities of an effective leader? There are a lot of people that say leaders are born. Some say that leaders are made. Whatever your opinion on this, leaders should be ‘effective’ in their leadership and should be responsible to their constituents. Let’s discuss some of the qualities of an effective leader and apply these qualities to the

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Cash flow is the heart of a business. Cash flow determines if your business will prosper or fail. A positive cash flow provides good return of investment while a negative cash flow means that you are draining money in your business. Whatever kind of business you have, you must have the right cash flow management skills. Attention to details in the early stages of your business will pave the way for success. Here are some pointers I learned from Rich Dad Coaching Program to help you contain

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Auto insurance isn’t just about the car. Every auto insurance policy owner should take the time to read their insurance policies. Some auto insurance policies are actually a package designed to cover risks ranging from lawsuits and property damage to medical expenses and even death. To shop wisely for auto insurance, you need to look at the separate components to be able to search for possible discounts and then decide the best way to spend your money. Normally, car drivers are

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Kiyosaki says that most often than not, a home is a liability and not an asset. Why? It is because for most people their homes bring a lot of expenses to them rather than an income. They need to pay various home utility bills aside from the real estate taxes. Everyone knows that he or she can make money from home. Well aside from various home-based businesses such as blogging, and other outsourced work which you can do in the convenience of your own home, there are more ways for you to make

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First of all, why are you buying life insurance? The basic rationale for life insurance is to replace your income in the event that you die unexpectedly. Your insurance policy then is supposed to “buy” your dependents’ time to replace the income they had depended on you. Strictly speaking, life insurance is primarily for protection, not an investment or a savings plan. However, today’s insurance companies offer products with savings plans and investment features. These

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