Tag Archives: Savings

Gearing up for an emergency

Here’s one of the most fundamental objectives one should prioritize – setting up an emergency fund. It is foolish to think that we will never undergo an emergency in life and most of the time emergencies cost a lot of … Continue reading

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The mystery of the shrinking wallet: How to combat rising prices, part 1

Inflation has been rising. Government says it is now beyond 4% and many institutions are saying that we can expect inflation to breach the 5% mark very soon. The government already conceded that it will miss its inflation target — … Continue reading

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Posted in Economy, financial planning | Tagged , , , , , | 4 Comments

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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