- 2:05:00 PM
- 0 Comments
And now for the last series, let’s
talk about Investing. I’m in no way an expert in to this matter but what I know
is that you cannot just place all your money in your savings account and enjoy
the one percent to 3 percent annual interest. That won’t bit the inflation rate.
After building up the Savings mentioned
in the previous blog, whatever we save in excess must go to investing.
Investing allows your money to work for you in the long term. There are various
ways to invest as listed below:
1.
Stocks
and Bonds. You can place your money to stock market or bonds. Stock is
owning a certain share of big companies hence, entitles you for dividends while
bonds is lending money to big companies giving you interest income. You can
hire a broker to work for you if you are not familiar with stocks and bonds.
2.
Stocks,
safe method. You need market knowledge if you want to invest in stocks. It could
be stressful at times. But there is a way to invest in stocks more easily. That
is called the Peso-averaging method, wherein you invest a fixed amount in a
fixed interval for a longer term, like five years and up. You can do this on
your own through Citiseconline’s produce called Easy Investment Program. Check
out www.citiseconline.com.
3.
Mutual
Funds. Another way to invest is to be part of pooled funds, where account
manager will be the one to invest for you. This way you can start with a small
capital. This usually holds for five years to maximize the benefits, though you
can withdraw your money anytime you would want. Sunlife Financial offers this kind
of services.
4.
Business.
Definitely, we can invest by putting up your own business. Know your passion
and plan about it. The key to business is passion and planning. When you put
your heart on it, then whatever business you set can make you prosper. Just make
sure not to lose balance in life.
So there you have it. I hope
everyone learns from this Money Talk Series. I believe, we have the capacity to
produce wealth in our own way. We just have to employ discipline in our life. We
are God’s stewards of this finances. He wants us to maximize this in a way
pleasing to Him.
Have a prosperous
week ahead!
 |
| Don't just invest in Money. Invest on matters that money cannot buy, life Friendship! ♥ |
- 12:15:00 PM
- 0 Comments
One of the common advice on financial management is Pay
Yourself First. You deserve it because after all, it is you who worked for your
salary or income. People usually interpreted this by splurging once per pay day
like shopping, dining out or traveling. While these things are not bad, there
is one good way of paying yourself first. That is to Save. Through savings, you're giving yourself a favor of accumulating wealth that will work for you in
the future.
How to Save. The key here is to set
aside a certain amount, ideally 20% of your Income as your monthly savings. You
can contact your bank and request them to take away automatically a fix amount
from your payroll account and transfer it to another savings account, so that
you will not be tempted to use up that portion of your money. Consistently do
it and in no time, you will see you are building up your wealth.
Now
your savings is consist of Emergency Fund, Insurance, Retirement and Health
card. Not because you have a savings account with a few bucks you
consider yourself having Savings. You have to have all this stuffs.
1.
Emergency
Fund – this must be a savings account consist of at least 3-6 months of
salary. This way, in cases that you will lose your job, you won’t beg and you
still have funds to keep you going.
2.
Insurance
– This pertains to amount you or your family will receive in case of accidents,
incapacity or death. You can check out
Sunlife or Manulife to checkout products that fits you. You will pay a monthly
premium for a certain years and it will cover you lifetime.
3.
Retirement
– after you saved 3-6 months of salary, then the succeeding savings will now go
to your Retirement Fund. This fund should be untouchable and should be
exclusively use in time you decided to stop working and start retiring.
4.
Health Card
– Definitely you don’t want your savings to be used up on your health issues so
it is good to have a health card. Most employers provide this to their
employees anyway. If your employer doesn’t, then invest one for yourself.
That’s about it.
I know it’s a lot of money but you don’t have to build this one time, you will
build this one by one so the earlier you save, the better. There you go, Pay
yourself first the better way.
- 6:02:00 PM
- 0 Comments
Happy Thursday!
Last Monday, I shared with you the discipline of Money Management. You can check it here. First of the list is the Discipline of Giving. Now let's get into the details. To whom we should give? See the list below.
1. Give to yourself.
One reason why people have a hard time managing their finances its because they do not enjoy their finances. You should first give yourself your needs for clothing, decent shelter and healthy food. You are the one who works so it is important that you are well provided. But definitely this doesn't mean that you will spend everything to yourself, live within your means still is the key.
2. Give to your parents.
Giving to your parents is a good thing to do. It's biblical. The Bible says, honor your mother and Father so that you will live long life. This is the first command with a promise. Honoring parents can be manifested through giving them financial support. They have invested millions to you through your education so it is just right to give back. And the good about this, God has promised to bless you in return.
3. Give to those who needs.
If you have an excess, take time to help those in need. A generous heart is always blessed by God. You can support organizations, foundation or even people you know through your giving.
4. Give to the government.
Pay you taxes. I know how many people are irritated with taxes. But our tax is our way to finance our nation. So pay correct taxes. Just have a new mindset, instead of thinking that those taxes will be used by politicians for themselves, just think that through your taxes, you are blessing the nation!
5. Give to God.
And definitely, the most important. Give to God! In the Bible, Malachi 4:10 says, Bring the whole Tithes into the Storehouse that there may be food in my house. Test me in this, says the Lord Almighty, and see if I will not throw open the floodgates of Heaven and pour out so much blessing that there will not be room enough to store it. And this is the giving the keeps us from receiving more and more.
Last Monday, I shared with you the discipline of Money Management. You can check it here. First of the list is the Discipline of Giving. Now let's get into the details. To whom we should give? See the list below.
1. Give to yourself.
One reason why people have a hard time managing their finances its because they do not enjoy their finances. You should first give yourself your needs for clothing, decent shelter and healthy food. You are the one who works so it is important that you are well provided. But definitely this doesn't mean that you will spend everything to yourself, live within your means still is the key.
2. Give to your parents.
Giving to your parents is a good thing to do. It's biblical. The Bible says, honor your mother and Father so that you will live long life. This is the first command with a promise. Honoring parents can be manifested through giving them financial support. They have invested millions to you through your education so it is just right to give back. And the good about this, God has promised to bless you in return.
3. Give to those who needs.
If you have an excess, take time to help those in need. A generous heart is always blessed by God. You can support organizations, foundation or even people you know through your giving.
4. Give to the government.
Pay you taxes. I know how many people are irritated with taxes. But our tax is our way to finance our nation. So pay correct taxes. Just have a new mindset, instead of thinking that those taxes will be used by politicians for themselves, just think that through your taxes, you are blessing the nation!
5. Give to God.
And definitely, the most important. Give to God! In the Bible, Malachi 4:10 says, Bring the whole Tithes into the Storehouse that there may be food in my house. Test me in this, says the Lord Almighty, and see if I will not throw open the floodgates of Heaven and pour out so much blessing that there will not be room enough to store it. And this is the giving the keeps us from receiving more and more.
 |
| And though we give all our money to God, we can never repay Him for creating this Magnificient Earth for us! |
- 2:13:00 PM
- 0 Comments
Hey everyone!
I was not able to post lately because I've been busy with Annual ITR of clients. I'm an Accountant and April is our busy season. This month was preoccupied with numbers, paper works and money talks. Just in time, last Sunday as I attended the Sunday Service, the Pastor talks about Money. The Biblical Money Management. I thought I would share some of the important pointers that he mentioned.
Luke 16:10 says, "Whoever can be trusted with very little can also be trusted with much, and whoever is dishonest with very little will also be dishonest with much.
In this verse, two(2) biblical priciples was being taught.
1. God owns everything.
2. God is looking for a good steward.
The money in your pocket is not yours. It maybe in your pocket, but it is God's. He just entrusted us with that finances. It is Him who gave us the ability to produce wealth and so that fruit is His.
Now the problem with people is that they have money but they don't manage it well and so it was gone in a very short time. So here listed down below the principles of Money Management.
1. Discipline of Giving.
They always say, its better to give than to receive and it is true. The more we give, the more we are entrusted. We give and God gave us more because we are generous. And the more you help others through giving, the more God blessed you with abundance because He knows that are sharing whatever you received.
2. Discipline of Saving.
It is also important to practice Savings. Do not splurge everything in one go. Save for the rainy days. Practice this principle, 10% is for your giving, 20% for your savings, and 70% for your lifestyle. Set aside your savings before you spend. This is the only way you can actually save.
3. Discipline of Investing.
Now when your savings grow, it is now time to invest. In the bank, your money will earn 1-3% interest but if you invest it, it can double or even triple. Also, the early you invest, the more you will earn because through time your money will work for you. So when is the right time to invest? My advice, once you reach a savings equal to 3-6 months of your monthly income, anything in excess you can invest either on Stocks, Bonds or put up your own business. And in time, your money will work for you and you will just enjoy the yields.
In next blogs, I will go on to details how to Give, Save and how to Invest. Hope you will keep on reading.
Have a great week everyone and be blessed!
I was not able to post lately because I've been busy with Annual ITR of clients. I'm an Accountant and April is our busy season. This month was preoccupied with numbers, paper works and money talks. Just in time, last Sunday as I attended the Sunday Service, the Pastor talks about Money. The Biblical Money Management. I thought I would share some of the important pointers that he mentioned.
Luke 16:10 says, "Whoever can be trusted with very little can also be trusted with much, and whoever is dishonest with very little will also be dishonest with much.
In this verse, two(2) biblical priciples was being taught.
1. God owns everything.
2. God is looking for a good steward.
The money in your pocket is not yours. It maybe in your pocket, but it is God's. He just entrusted us with that finances. It is Him who gave us the ability to produce wealth and so that fruit is His.
Now the problem with people is that they have money but they don't manage it well and so it was gone in a very short time. So here listed down below the principles of Money Management.
1. Discipline of Giving.
They always say, its better to give than to receive and it is true. The more we give, the more we are entrusted. We give and God gave us more because we are generous. And the more you help others through giving, the more God blessed you with abundance because He knows that are sharing whatever you received.
2. Discipline of Saving.
It is also important to practice Savings. Do not splurge everything in one go. Save for the rainy days. Practice this principle, 10% is for your giving, 20% for your savings, and 70% for your lifestyle. Set aside your savings before you spend. This is the only way you can actually save.
3. Discipline of Investing.
Now when your savings grow, it is now time to invest. In the bank, your money will earn 1-3% interest but if you invest it, it can double or even triple. Also, the early you invest, the more you will earn because through time your money will work for you. So when is the right time to invest? My advice, once you reach a savings equal to 3-6 months of your monthly income, anything in excess you can invest either on Stocks, Bonds or put up your own business. And in time, your money will work for you and you will just enjoy the yields.
In next blogs, I will go on to details how to Give, Save and how to Invest. Hope you will keep on reading.
Have a great week everyone and be blessed!
 |
| The Busy Me ☺ |
- 6:47:00 PM
- 0 Comments
Hey Everyone! Summer is officially here!
I was not able to post a blog this time because I have been out of town and enjoying real life offline. I had a company outing at Tacloban, Leyte and Samar. These were part of the Visayas Region of our country, Philippines.
Sharing with you pictures from the Oriental Hotel where we stayed. It was a nice hotel in Tacloban and I really admire their most excellent service. Too bad, I forgot to fill out their survey form. I was not able to tell them how happy I am with their nice hotel staffs. And their amenities were awesome too!
We also crossed the longest bridge of the country, The San Juanico Bridge that connects Leyte and Samar. It was around 2.6 km and it was shaped L and S, representing Leyte and Samar.
This weekend, we're heading to Baguio, the Summer Capital of the Philippines with my family. I'm so excited to be with them for this whole weekend.
Hope everyone will have a great Holy Week ahead! God bless everyone!
- 6:30:00 PM
- 0 Comments
Today, I want to share with you my favorite curling iron! I know that there's different styles of curling hair but I guess the best one is by using this product. It really does makes lovely curls and so far, it doesn’t damage my hair. But I don’t curl my hair every day. If you are considering to buy this product, you may want to read this post to further convince you to do so J. Smile on!
What it is: (Taken for the website) The plates and barrel of your new iron have an extra smooth surface, for maximum straightening and curling performance. It’s not only simple to clean off styling product residue after each use, but you’ll also find that hair glides easily over the surface of the plates as you are straightening and curling. The ceramic surface also helps smooth down flyaways and frizzles. As you smooth each strand, heat is evenly distributed so that the style you create has a salon-perfect, silky smooth, shining finish, Hair slips right off the plates after it’s straightened, right off the barrel after it’s curled as well. The ceramic technology makes styling your hair easier and the results more professional. SRP PHP 2,699.75
What it does: You can create variety of curls using this curling rod. I will create a blog post for different types of curls. And since it is a split barrel, you can straight your hair with this too! Perfect for everyday and special occasion styling.
Why I love it: Other than being multipurpose, I love this product because it heats up immediately after a couple of seconds you plug in; no need to wait too long. It curls immediately too, just a couple of seconds, you can release your hair from the barrel and it does create lovely curl. I also love the swivel cord, so you don’t have to worry about tangled cords, when you twist the barrel. And temperature can be set from 1-25, such a flexibility. I particularly, set in 25 when I want to finish curling fast.
Why I don’t: None that’s material. But just to note, the whole barrel heats up so you have to be careful not to touch it or you will burn yourself. Better to use gloves. Also, your hair might be stuck to the clips, so make sure to avoid too much hair on the area near the clip-ends.
How to use it: You can check out this video on how to use it. And that's it!
Check out my next post on different curl style you can make with this curling iron. How about you, what's your fave way of curling your hair? Do let me know and comment below.
- 3:38:00 PM
- 6 Comments
