Millionaire Acts

The recent recession left many people in financial ruin. In order to make ends meet, people had to do drastic things to their personal budgets. However, many people were actually taking money away from the wrong places and making their financial situation worse. No matter what your financial situation, there are some things that should never receive low priority on your budget. There are some things that should never be done no matter what the short-term benefit is. Below is a few discussion

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Being rich and being wealthy seems to be synonymous as both involves having a lot of money. However, there’s a big difference between the two. If you notice, there are a lot of so-called ‘get-rich-quick’ schemes but there are no ‘get-wealthy-quick’ schemes. The main difference between being rich and being wealthy is knowledge. Wealthy people know how to make money while rich people only have money. Being wealthy is defined as that status of an individual’s

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Readers and visitors of my blog, I invite you all to a seminar to be conducted by my colleague, Ray Alejandrino. The seminar entitled “Strategic Investing and Practical Fundamental Analysis” will teach attendees about investments particularly in the field of bonds, mutual funds, UITFs, and stock market using economic, industry and company analysis. It is for aspiring investors who wants to broaden their understanding of how their money works for them through investing. Here are

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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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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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