Wealth and Finance

Aphorism 134 “Double Your Resources”: A Lesson from Baltasar Gracian

April 10, 2019 by Ray L. Leave a Comment

*This article contains affiliate links.

Tagalog Version (Click Here)

If we’re talking about books containing timeless wisdom, you’ve probably heard about books like Sun Tzu’s Art of War, Niccolo Machiavelli’s The Prince, Miyamoto Musashi’s The Book of Five Rings, and several others. There’s one more that I will recommend to you, and that’s Baltasar Gracian’s The Art of Worldly Wisdom, a book containing over 300 aphorisms and lessons that still are still extremely valuable today.

In this article, we’ll talk about one of those lessons since it’s applicable to money, personal finance, and general success.

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Wealth 101: Focus on Your Net Worth, Not Just Your Salary

April 4, 2019 by Ray L. Leave a Comment

*This article contains affiliate links.

Tagalog Version (Click Here)

One of the most valuable lessons about wealth is this: it’s not how much you earn, but how much you keep.

There’s a story in The Richest Man in Babylon where a wise (and wealthy) man asked people what they do for a living in order to demonstrate a point. There was a scribe, a butcher, and several others from different lines of work. They had different levels of income, but their wallets (purses) were all equally empty.

Shouldn’t the ones who earn more have more savings than those who earn less? Why not? And why does that apply to us who live in more modern times?

Keep reading this article to learn more, and to learn the solution.

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Reasons Why You Should Consider Property Investment

April 1, 2019 by Contributor Leave a Comment

*Article contributed by Rosana Beechum.

Property investment is one of the most popular types of investment. With the ability to produce returns through both monthly rental income and capital appreciation, property is one of the most lucrative investment assets to consider. You might not even realize the potential property investment holds, so to help you understand, here are some reasons to consider property as your next investment venture.

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New Ways to Make Money Online and How to Get Started

March 28, 2019 by Contributor Leave a Comment

*Article contributed by Rosana Beechum.

Finding new sources of income is always a great way to boost your cash flow. By earning more, you can save more and invest more in the future. The internet is your friend when it comes to finding new sources of income. Many of you are already familiar with earning ad revenue and working on small online projects.

Aside from the more traditional ways of making money online, there are new opportunities you can explore today. Using nothing but a laptop or your smartphone – and the skills you already have – you can do more (and earn more) from anywhere.

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What is Inflation? (Economics and Investing Basics)

March 28, 2019 by Ray L. 3 Comments

Tagalog Version (Click Here)

The inflation rate made the news last 2018, but judging from the comments section on news articles, it seems that a lot of people don’t really understand what it means or how it works. For example, some people were praising the unusually high inflation rate like it’s a good thing, and they don’t seem to understand how bad the situation was especially as they say other countries experience it too.

Some people also mistakenly thought that the higher rate was because there was an increase in the number of jobs and the income increase was devaluing the peso, when that’s actually false (this was a “cost-push” type thanks to a then-recent tax law that also has an excise tax on fuel).

So what’s inflation anyway? Let’s discuss the basics, so keep reading to learn more!

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