Wealth and Finance

30 Most Valuable Personal Money Management Tips You Must Learn NOW

February 20, 2018 by Ray L. 1 Comment

Tagalog Version (Click Here)

Like it or not, money is an important part of modern life. If you want to survive and do well in today’s world, you have to learn to use it wisely. If you want to become financially well off, then here are 30 awesome personal finance tips that you have to learn now.

30 Most Valuable Personal Finance Tips You Must Learn NOW

1. Know your financial standing. Are you financially stable with thousands invested in good businesses and assets, or are you thousands in bad debt? You can’t solve problems if you don’t acknowledge that there is a problem, and you can’t find opportunities to improve on if you don’t start searching for them.

2. Use the number 1 money saving technique: “Pay yourself first!” (Save money first before you start spending).

3. “It’s not how much you earn, but how much you keep.” Having a high salary won’t matter at all if you gamble it all away or waste it all buying expensive junk that you don’t need.

4. Establish a savings fund for opportunities or emergencies. It can be your initial capital for a business idea, or a cash buffer if you suddenly lose your job.

5. Avoid bad debts.

No one can be happy, no matter how optimistic, who is forever in the clutches of poverty, of harassing debt.

— Orison Swett Marden

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Key Tips On How To Prevent Business Litigation

February 14, 2018 by Contributor Leave a Comment

Disclaimer: The information written here does not replace any legal advice you can get from the professionals. This article is aimed to give you an idea on the subject matter. If you would want to attain in-depth knowledge about it, you should always seek the help of an attorney who is specializing in business litigation cases.

When you’re an entrepreneur, you want to focus on your business – on how to keep it running and how it can be on top of the competition. You want to be able to keep up with the times while ensuring that your employees and customers are happy with the service you’re giving to them. Since you have a lot on your plate, you don’t have the time (and the energy) to go through business litigation. You can’t afford to lose focus on your business operations because you know what’s needed from you right now.

Indeed, business litigation is a tedious process, and no entrepreneur wants to be placed in that situation – and for sure, you’re one of them. But you don’t have to fret because there are a lot of ways you can prevent business litigation. You can start by implementing these to your business:

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List of Mutual Funds in the Philippines

December 19, 2017 by Ray L. 1 Comment

Tagalog Version (Click Here)

I sometimes visit Philippine personal finance forums and beginners usually ask where should they invest their money. Most people would suggest mutual funds, and if the newbie investor is willing to put in the time to study, individual company stocks/equities. After someone suggests investing in funds, the usual question after that is which specific fund should they choose. That is why I decided to compile the financial companies with mutual fund (including ETF and UITF) offerings on this article.

Here’s a short and still incomplete list of mutual funds in the Philippines. If I forgot some, please don’t hesitate to tell me. As for whichever one of these funds are right for you, that will depend on your investment objectives, risk tolerance, age and income, and more.

High Risk, High Potential Returns: Equity funds or funds that invest mostly in stocks. This is better for younger people who wish to maximize their potential earnings.
Medium Risk and Potential Returns: Balanced funds that invest in stocks as well as fixed income securities (bonds), cash, money market, etc.
Low Risk and Low Potential Returns: Bond or Fixed Income Funds. These and the money market funds below are recommended for older people who need more stability in their investment portfolio.
Lowest Risk, Lowest Potential Returns: Money Market Funds

Note: Remember to read the fund objectives and prospectus. Some funds have unusual investing strategies and other details you might need to be aware of.

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Identifying Emerging Markets and Potential Stock Investments

December 8, 2017 by Contributor Leave a Comment

Emerging markets present growth opportunities for those who are looking to diversify their portfolio. Investing in these markets won’t be as costly as putting money in stocks that belong to well-developed nations, and investors can capitalize on this fact.

However, despite the growth that these markets offer, they also come with risks that come from business cycles (the long-term trend of upward and downward movements of GDP). Business cycles of emerging markets tend to be more volatile than the ones used by developed markets. By studying and understanding these cycles, investors should be able to increase their chances of becoming successful in investing in emerging markets.

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[Guest Post] What You Need to Know About Small Business Financing

November 29, 2017 by Contributor 2 Comments

*Contributed by Jessica Watson.

Establishing and managing a business is not an easy task. One has to manage lots of things to run a business. One should also be aware of factors which play a decisive role in success. Financial management is one of the most common, necessary and important factors for a business. This involves lots of risks which can affect business performance and its financial growth. So, one need to manage this carefully as it’s crucial to manage the financial area of the business.

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