Your Wealthy Mind - Page 2 of 52 - Because Ideas Change Lives

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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Why We All Need to Build an Emergency Fund Account

June 20, 2020 by Ray L. 2 Comments

Tagalog Version (Click Here)

Who knew, right? Who could have predicted (aside from Bill Gates) that such a wide-scale pandemic would paralyze entire countries, leave thousands of businesses bankrupt and millions without a job or income.

While the Philippine government have tried to support people who have not had any income during the quarantine with some social amelioration programs (SAP, locally called “ayuda”), unfortunately, it was not really enough.

While some businesses restarted during the general community quarantine (GCQ) in June, the curve does not seem to have flattened at all and there are still a lot of people unable to return to work, such as Jeepney and bus drivers, etc. There’s also not a lot of people around and most small businesses I see seem to be struggling. Many have also closed permanently.

It’s a sad reality.

Who knew something like this would happen, right? I certainly didn’t.

There’s a reason why a lot of personal finance instructors tell people to save up an “emergency fund”, and this pandemic showed us exactly why.

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How to Apply for the P5,000 Cash Aid from Makati [P5,000 for Makatizens]

June 2, 2020 by Ray L. 1 Comment

Tagalog Version (Click Here)

Some time ago the Makati City government announced that they’ll give P5,000 cash aid to Makati citizens, and they called this the MAKA-tulong 5k for 500K+ Makatizens program”. To learn more about the details, just read the links below:

You can apply for this at your Barangay, but you can also apply online. Now how do you apply for the P5,000 cash aid online? Read our guide here!

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Don’t Let Others Abuse You – A Lesson from Three Fables

May 15, 2020 by Ray L. 1 Comment

Tagalog Version (Click Here)

There’s a difference between people who need help, and people who want to take advantage of you. Unfortunately, the latter usually pretends to be the former. While this article was written during a time of crisis (the Covid-19 pandemic), you should remember this lesson more in times of peace and good fortune.

You see, while checking out my bookshelf, I found a tiny book of Aesop’s Fables (“The Dolphins, the Whales and the Gudgeon”, Penguin Little Black Classics) and a few stories stood out because they relate to what our family has experienced. That is why I decided to share them with you here, so take some time to read the stories below and absorb the lessons.

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8 Things to Remember for Seamless Fund Transfer Transactions

May 7, 2020 by Contributor Leave a Comment

*Article contributed by Eunice Williams.

Gone are the days when the only way you can transfer money from one bank account to another is through an over-the-counter transaction. Indeed, fund transfer is one of the most common banking transactions. This is why banks and financial institutions work hard to make it easier for everyone. From online banking apps to third-party providers, it’s now more convenient than ever to transfer funds.

Still, there are plenty of things that you should take into consideration when conducting fund transfer in the Philippines. Keeping these details in mind will make every transaction more seamless. Here are some of the most important ones:

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