What if you suddenly received a notice of foreclosure from your banker because of the missed payments to your home mortgage? Another way to put it is that, if you are not paying your real estate taxes, then chances are your home could be subject for foreclosure and auction by the local government. You can successfully fight foreclosure. Here are some of the things that you can do to survive an impending foreclosure of your home. Understand your options. Whatever you do, don’t ever ignore

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What is an entrepreneur? Who is he or she in our country? Are you an entrepreneur yourself? What are the qualities that makes a person good entrepreneur? Entrepreneurs are of different breed. They belong to a different class of people. They seem to stand out from the crowd. And they walk and talk differently from non-entrepreneurs. I’ve read a research done by the UP Institute of Small Scale Industries that draws a profile of the entrepreneurial class. Based on the study, researchers and

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As an investor, you keep on asking, what’s the best investment? What could be that investment that could give me the best returns for my money? Is it real estate? Or stocks? How about mutual funds? For me the best investment is an investment to yourself. Why? It’s because without you working, you won’t generate income. Yourself is the most important of all investments and so you must invest in yourself in order to be the best wherever you are. So how can you invest in yourself? Invest

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First of all thank you dear readers. I am happy if I see my visitors increasing each time. It’s worth all the effort in writing articles on a specific niche. I happen to stumble on a blog that talks about which one is better - to invest in stocks or invest in a business? Investing in stocks and starting a business are both risky. You both have to educate and equip yourself with the right skills. You also have to watch both of them. Stock value goes up and down depending on the market

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If you have a business, and then it’s not making much money, what could be the possible reasons why it is doomed to fail? I’ve listed some of the most common reasons why most businesses fail. If you feel that it is happening to you or to your business, you must whip changes to overcome them. Only you can do that. Do not be complacent. Lack of experience by the owner. When you enter a business, be sure that as an owner, you possess the skills and the experience to become an entrepreneur.

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I think many of you would agree that a lot of us are employees. We have a definite working time schedule. We have a boss. We work on a particular role. Basically, we work hard to sustain our day to day living. But if you want to achieve financial freedom, you should not just work hard but work smarter! Yes, you will earn more by working harder. You will work even harder if you got promoted because of the additional responsibilities and tasks that will be assigned to you. You will become

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Live life to the fullest. Grab life by the horns. Just make sure your life is insured. Life insurance is the only vehicle that delivers a set amount of money at a specific point in the future. While you won’t be around to collect the benefits of your life insurance, your dependents would definitely benefit from it. The money can help pay off mortgage, put your children through college, cover estate taxes, or just help your family make ends meet. If you’re pondering whether to buy an

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Most of us are employees. We are in the corporate life. We have a boss. We have a definite time of work schedule. We are entitled to wages and other benefits. We love job security. Sometimes, we are called “corporate slaves”. Going from employee to entrepreneur is really a one big leap for you. But this leap is risky. Your guaranteed salary will be cut. What happens if your business did not click? It would be better to anticipate the effects before you go into business. Here are some

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Well, aside from the obvious reason that you need it, whether for capital or other expenses; borrowing money can help you to manage your finances if you know how to leverage debt. That is to know the difference between good debt vs. bad debt. In this article, I will expound more on the idea of debt leveraging by using other people’s money instead of yours. Good debt makes the rich gets richer. There are very few entrepreneurs who did not borrow money to grow their business. If you can

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In recent years, with the failures of a lot of network marketing and multilevel marketing systems, a lot of people say that is just a pyramid scheme, a type of scam most commonly known as “Ponzi Scheme”. When it comes to the nature of business, network marketing, multi level marketing or a distributorship, if you may call it, is very similar to a franchise. Explore carefully the particular network marketing business before you plunge in. Some require you to carry inventory and incur

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For most of us Filipinos, network marketing or multilevel marketing is a new business format that boggles many minds. As a concept, network marketing has been touted as the fastest way to accumulate wealth nowadays. The concept is used to penetrate the market as fast as possible without entailing expensive marketing costs such as marketing and promotions. For the most part, network marketing is spread by word-of-mouth. You most likely have to be invited to join a business orientation or a

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Do you have a small business? Or planning to start one? Definitely you need to know small business budgeting. A budget can help you manage your business. Just as family units live on a budget, a business must also have a budget. You just can’t live without it. An annual budget serves as a guide and a goal for you as an entrepreneur. With a budget, a business owner can determine where the month-to-month performance is headed. Generally, most small business budgets cover the period of the

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Nowadays, because of the global recession, people opt to cut costs on their marketing expenses. We all know the traditional marketing - television commercials, radio broadcasts, and classified ads in broadsheets. But these traditional forms of marketing are too expensive costing hundreds and millions of pesos. If you are a start up company, then definitely you wouldn’t have the marketing budget to splurge in promoting your products and services. I compiled a list of unique marketing

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Are you drowned with debt? Are you having problems in managing your debt? Does it look like that you need to work for the rest of your life just to pay those debts? Well, it’s not too late for you. You must act now not to be burdened by those debts. Of course you want to enjoy the fruits of your labor. You don’t want to end up working just to pay those debts. Here are some personal finance advices for a successful debt management. Control your spending. The ultimate way for managing debt

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