Tag Archives: Savings

Save money and drink Starbucks too!

Discussing about Personal Finance does not always have to be about internal rate of returns,peso-cost averaging, risk management, mutual funds, uitf, insurances and all those ‘boring’ stuff all the time. True, it is imperative that we are well aware of what … Continue reading

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My thoughts for the next generation, part 2

Recently, we were reminded that we need to instill stricter discipline in the area of savings for our children. In a recent business trip in Hong Kong, my wife chanced upon some nice piggy banks and she bought 2 to … Continue reading

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The 25 year cost of an ‘innocent’ addiction, part 2

… con’t. Let me try to quantify the 25 year cost of my subtle addiction on diet sodas. Let us assume that the cost of a can of soda today is P25.00 and on an average and I consume 2 … Continue reading

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The 25 year cost of an ‘innocent’ addiction, part 1

“In medical terminology, an addiction is a chronic neurobiologic disorder that has genetic, psychosocial, and environmental dimensions and is characterized by one of the following: the continued use of a substance despite its detrimental effects…”. – Wikipedia. Addiction is often … Continue reading

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Christmas joy and Christmas spending

It’s December! Cooler nights and mornings… christmas decors and christmas carols. When I was a child, I have always loved the Christmas season like every other child. I have often looked forward to the season with joy, excitement and much … Continue reading

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Dreams and Deadlines, Part 2

… part 2 As financial planners, are we getting our message across? Are Pinoys any closer to financial freedom? I am elated to see more and more financial planners, more books and articles and a gazillion blogs on personal finance. … Continue reading

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Dreams & Deadlines, Part 1

Sometime ago, I had lunch with a mentor of mine, Rex Mendoza (of the giant real-estate conglomerate Ayala Land). Rex was one of my mentors in financial planning; there are many things I learned from him that pretty much influenced … Continue reading

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Diversification according to Investopedia and the Bible

You will often hear the word “diversification” when you discuss about investmetns. Diversification is important, in fact it is still considered one of the most effective risk managment tool, minimizing investment losses. What does Investopedia say about diversification? (a favorite … Continue reading

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Money & Learning

“If money is your hope for independence, you will never have it. The only real security that a man can have in this world is a reserve of knowledge, experience and ability.” – Henry Ford

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Let’s be like the Ants

Jim Rohn wrote a very good article about the Ant Philosophy. When you study the ants, they really are amazing creatures largely because of their characteristics and their characteristics are very applicable to personal finance. When you look at how … Continue reading

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