It is a Saturday afternoon today and I am here in the office. No, I am not doing an overtime. I am just here to prepare a powerpoint presentation since the learning and development team invited me for a financial planning seminar which will be attended by fellow employees. At first, I was amazed when I received the invitation to be a resource speaker. I am not used in speaking in public and so I must devote an ample amount of time to prepare for such presentation. This will be held

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They say that prevention is the best cure to any disease. Bankruptcy as we all know is the worst case scenario for people who want to achieve financial freedom. It’s like a disease that cripples us. Bankruptcy brings to mind a lot of horrible things. In Japan, they used to commit suicide when their business has gone bankrupt. Way back during the stock market crash of 1929, bankruptcy brings to mind a frazzled man in a tuxedo shouting “I’m ruined! Ruined!” before jumping from a high

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We are all experiencing economic recession. There are low demands of products as consumers cut spending. Companies cut costs thereby closing some of their plant operations and laying off thousand of is workforce. What lessons have you learned so far in this economic recession? What are the things will you do just in case another deep recession comes into our economy in the near future? It is better to be prepared and arm yourself with a weapon to survive an economic crisis. Save for the

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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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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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These past few weeks, I am thinking of starting another category for this blog. I want to offer more help to my readers and so I decided to have a tips category that will help my readers to achieve those financial goals. Nowadays, because of the global financial crisis and job lay offs around the world, it’s tough to apply in different companies. It’s hard to lose a job especially when you have a family to feed. Because of this, I decided to write a post on cover letters that

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You’ve heard a lot about positive thinking. You are what you think. Mind over body. Using the law of attraction coupled with action and determination, thinking positively may bring us to our dreams closer. As Paulo Coelho said in his book entitled The Alchemist: “When you want something, all the universe conspire in helping you to achieve it.” Nowadays, with the current global financial crisis and with all the problems that we are facing, positive thinking sometimes is hard

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Budgeting has been one of the most used word in personal finance. But what is a budget and how do we implement it? A budget is you telling your money what to do. You have to tame your money like a pet. You have to make your money behave, and written plan is the whip and chair for the money tamer. You can still tame your money even if you’ve failed at budgeting before. Here are some of the most useful tips on budgeting. With these tips, I’m sure you can create a budget plan that

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Nowadays, because of the global financial crisis, a lot of were laid off in their jobs. There were a lot of job cuts all over the world. What will you do if you’re one of them? What will you do if you’ve just learned you’re about to be laid off? What now? Of course, you will feel depress. Some people even commit suicide. Even before you start a new job hunt, you can take steps to shore up your financial concerns. Grab a pen and some hope. If your employer begins your exit paperwork and

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It’s not how much you earn but how much you are saving. No matter how high the amount you are earning, if you couldn’t just save, then your future will be dim. The ultimate goal is earn more and spend less. Don’t give in to the cultural temptation to buy more and more things you don’t need! In my earlier posts, I made an article on how to save more money by saving your monthly paychecks. Now, I’ll share some ways to spend less money in shopping. You can cut back on unnecessary

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