Your Wealthy Mind - Page 2 of 53 - Because Ideas Change Lives

Thought Habits Matter: Will You be a “Victim” or a “Victor”?

November 16, 2020 by Ray L. 1 Comment

Tagalog Version (Click Here)

One major fact of life that people take for granted is that our thoughts determine our future. Remember, we act on our thoughts and impulses, and our actions can lead to either good or bad consequences. For example, if you seriously start thinking of stealing an expensive cellphone or gadget, you’d go to jail and ruin your future. If, on the other hand, you think of things like starting a business or improving your career, then you might actually become more successful when you act on those things you think about.

Note: Before we continue, I have to make this clear. In this article, being a “victim” isn’t about actual victims of emotional, physical, or sexual abuse. This article is about the negative mindset of always making excuses, giving up, and quitting when faced with life’s challenges. Being a “victor” on the other hand is about that positive mindset where you persevere through hardships and keep looking for solutions until you succeed.

There’s a difference between having a “victim” mentality and having a “victor” mentality. Do you know the kind of mindset that you have?

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Three Valuable Lessons from the Desiderata

October 7, 2020 by Ray L. Leave a Comment

Tagalog Version (Click Here)

I still remember all those sleepy mornings several years ago when my family would wake up before 5am to eat breakfast and my brother and I would prepare to go to school. There wasn’t much to do way back then. There were no cellphones or social media sites to distract us, and there were no decent TV shows to watch that early in the morning.

During all those years of mine in grade school and highschool, we had a small wooden plaque hanging over our dinner table and it had a poem written on it, the Desiderata, by Max Ehrmann. That was the only thing I could read in the dining room all those years, and I learned some incredibly valuable lessons from it. I’d like to share what I learned with you here.

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How to Avoid Scams Online: SMS Spoofing and Phishing

September 2, 2020 by Ray L. Leave a Comment

Tagalog Version (Click Here)

While I’ve already made a previous article about how to avoid scams online, this version is mostly about phishing and SMS spoofing scams which are becoming more common in the Philippines. If you don’t want to lose thousands or even millions of pesos to those kinds of scams, then keep reading to learn more about them and how to avoid them.

First off, to give you a picture of how phishing scams work, imagine you’re in a mall buying groceries. Suddenly, a “worker from an electric company” comes up to you and asks you for your name, home address, and the keys to your house because they need to “verify things”.

Will you give them your house keys?

You don’t want to? What if they say they’ll cut off your electricity if you refuse? Will you give them your address and house keys then?

Yeah, you probably already know that it’s OBVIOUSLY a scam, but people fall for that kind of thing ONLINE. That is exactly how phishing scams work, but instead of a scammer wearing a fake uniform and fake ID, it’s a text message or an email asking for your password, One-time PINs (OTPs), verification codes, and other important personal information.

Never give anyone your password, PINs, and OTPs as those are the “keys” to your accounts. REAL bank and company employees will never ask for that information, but criminals almost always do.

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Bulls, Bears, Bubbles and Recessions? Reading about the Market for Beginners

August 4, 2020 by Ray L. Leave a Comment

Tagalog Version (Click Here)

If you happen to glance over the business section of the news, you’d probably read some articles about how the stock market has been “bearish” lately, there is a bubble in a certain industry, or there’s an upcoming recession predicted by some expert. If you’re interested in learning about investing and the stock market, all that fancy jargon could turn you off as it makes things more complicated than it should be.

Since those kinda words are usually on headlines of business and investing articles, learning what a few of them means should tell you a lot about what’s happening to the market at a glance. Let’s talk a bit about about that here.

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How to Avoid Phone and Internet Scams

July 9, 2020 by Ray L. 1 Comment

Tagalog Version (Click Here)

*This article contains affiliate links.

Because of the covid-19 pandemic, it’s become more dangerous to go out and do things we once normally did, like line up to pay bills at the nearest Western Union or BayadCenter branch. Learning to pay bills as well as send and receive money online is very important as it helps keep us safe these days, and it’s also far more convenient.

Unfortunately though, while we know how to spot scammers and thieves hanging around ATMs, shopping malls and busy streets, a lot of Filipinos (especially the older generations) don’t know much about the kinds of scams that happen online. Here’s a short guide on how to spot most phone and internet scams.

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