savings


The Prize of Delayed Gratification

The Prize of Delayed Gratification

It’s that time of the year once again. Most companies have ended their fiscal years and gave performance bonus to most of their employees. Employees were awashed with cash and they were very happy thinking of where to spend it since they worked hard to earn it. Are they going to buy new clothes, new […]


5 Early Signs that You’re in Financial Trouble

5 Early Signs that You’re in Financial Trouble

Personal finance is the financial management of either an individual or family as a unit. This means that you are able to pay for day-to-day living expenses as well as unexpected emergencies while saving a part of what you earn for both investment and retirement for a brighter financial future. Unfortunately, many people don’t realize that […]


6 Ways to Get Yourself Motivated in Saving

6 Ways to Get Yourself Motivated in Saving

Most students enter the real world when they reached the age of 20 or 21. That is when they enter the corporate race. This is also where the real challenge happens when it comes to saving money. You’re not dependent anymore on your allowance from your parents. You now earn your own money. With that […]


The Income Trap

The Income Trap

Have you ever wondered why some employees, despite their large paychecks, end up being broke? The reality is a bigger income does not necessarily equate to becoming rich. How many people have you heard winning millions in the lottery only to spend all of it in a few years to become bankrupt? How many celebrities […]


The Importance of Variable Life Insurance

The Importance of Variable Life Insurance

When you hear the words ‘life insurance’? What does it mean to you? Does it mean an additional expense on your budget? Or does it mean a product for your financial security? In most cases, people would either live too long or die too young. Both cases need to be addressed in terms of financial […]


Seven Money Habits of Truly Rich People

Seven Money Habits of Truly Rich People

Napoleon Hill said that “Riches do not respond to wishes. They respond only to definite plans, backed by definite desires, through constant persistence.” Being rich is not about having a lot of money. It’s about building wealth , keeping your money, and spending it wisely. Sustainability is the key difference between being rich and wealthy. […]


Accounting for your Savings

Accounting for your Savings

The recent financial crisis has brought home the importance of increased savings for many people. Of course, with interest rates provided by banks at a historic low, some people avoid saving even while they know they should. For those prepared to dig a little deeper in their pockets, the good news is that there are […]


Why Seasonal Spending Saves You Money

Why Seasonal Spending Saves You Money

Instead of waiting until the last minute to make a purchase, seasonal spending can be a real money saver. Sales come in cycles. You cannot sell ice creams on winter. Likewise, you cannot sell winter clothes on summer. Depending on the time of year and if you are a savvy shopper, you can take advantage […]


The Three Piggy Bank System

The Three Piggy Bank System

When we were little kids, we used to have piggy banks. Our parents used to tell us that we should save money. As kids, we are already taught by our parents the value of money. Every time we have some coins, we usually drop it to our piggy banks until it’s full. I remember when […]


How to Teach Your Kids About Money Matters

I am not yet a parent but in the not so distant future, I will be. As a parent, you want to give your children the life skills to survive on their own when they grow up. Part of that is teaching them about saving money. How do you do that? You have to teach […]