All of us have some Chicken Little in us. You remember Chicken Little—the character in the children’s fable who ran around the barnyard warning other animals that the sky was falling. Chicken Little had a doom and gloom attitude toward life. He was a classic cynic. There are Chicken Littles everywhere, especially in the financial world. If you want to be rich, you need to stop listening to their clucking. “The-sky-is-falling” warnings from financial cynics are just a lot of

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I am happy to announce to my readers that this blog, Millionaire Acts, is featured in today’s Manila Bulletin Blog-O-Rama. This is my fifth public blog feature. If you have today’s Manila Bulletin issue, turn it to Tech News page D2. For my readers in other countries, Manila Bulletin is one of the leading newspaper here in the Philippines. Today’s feature is entitled “A blog on how to be a millionaire” which is what this blog is all about - for all aspiring

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Passion is where your heart is. It is where your interests and skills thrive. When you have a passion for things, you tend to do better at those. Finding your passion is the key to success in all your endeavors.   If we compare Rich Dad vs. Poor Dad, Poor Dad’s slogans are the words of fear; Rich Dad’s slogans are the words of passion. While fear reflects disappointment and passivity, passion reflects confidence and energy. What builds wealth isn’t fear, but passion. Sometimes it is

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I’m sure all Filipinos around the world know the name Manny “Pacman” Pacquiao. He is currently the undisputed, “pound-per-pound” champion of the world and was tagged as “The Destroyer!” He rose from extreme poverty to being the wealthiest boxer in the world today. What’s more amazing is he does not brag about his wealth and achievements. Despite his status right now, he remains humble, God-fearing, and respectful to his opponents and fans.

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In one of my previous posts, I tackled about overcoming fear. Today, it’s time to tackle on how to overcome laziness. Busy people are often the laziest. Busyness is a form of avoidance. If you stay busy you can avoid some of the things you don’t want to face—like exercising, or taking care of your wealth. What’s the cure for laziness?  Kiyosaki says a little greed. Isn’t greed bad? Too much of it, yes. An excess of anything is bad. The fact is, however, that all of us

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Inflation is one of the reasons why do you need to invest your money. In economics, we have known inflation as the general increase in prices of commodities. The higher the inflation, the lesser the value of our money. Inflation degrades the value of our money. Your money last year cannot buy the same amount of goods now. WHAT CAUSES INFLATION TO INCREASE? Increase in oil prices. Oil is a very important commodity in the world because it is one of the raw materials of every company used to

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Without doubt, each of us don’t want to invest because we are afraid of losing our hard earned money. The fear of losing money is the main reason a huge percentage of the public struggles financially. But fear isn’t the real problem. It’s how people handle fear that matters. Kiyosaki tells people that the primary difference between rich people and poor people is how they handle the fear of losing money. Some people, when hit with a financial loss, give up. Others transform the

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