wealth

15 Minutes for Your Future: How to Budget and Invest to Get Rich

March 1, 2016 by Ray L. 2 Comments

Tagalog Version (Click Here)

Although I’ve made a budget plan before (Your Wealthy Mind Savings and Budget Plan), I thought that it might be a bit too difficult for those who just started taking care of their finances. This guide is intended for beginners and it will teach you how to budget and invest for wealth creation.

How can a mere budget plan that you can read in 15 minutes potentially change your life and bring you endless opportunities? Keep reading and you might just learn how. (That sentence was a clue by the way!)
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Paano Mag Invest sa Stocks: Sampung Tuntuning Kailangan Matutunan

February 15, 2016 by Ray L. Leave a Comment

English Version (Click Here)

Matapos pag-aralan at sundan ang mga tuntunin ng napakaraming personal finance at investment books gaya ng “The Millionaire Next Door,” “The Motley Fool Million Dollar Portfolio,” “The Bogleheads’ Guide to Investing,” at iba pa, may iilang tuntuning paulit-ulit na lumilitaw dahil sa halaga nila. Kung ikaw ay baguhan pa lamang, ito ang sampung tuntunin na kailangan mong malaman tungkol sa kung paano mag invest sa stocks:

1. Mag-Aral Muna

Sabi ni Warren Buffett, ang isa sa pinakamayamang bilyonaryo ngayong 21st century, ang “risk o panganib ay nagmumula sa kamangmangan.” Libro man, seminar, blog articles, o kahit ano pa, kailangan pag-aralan mong mabuti ang mga investment guides bago ka magsimula. Kung hindi, malamang mawawala ang pera mo sa mga “investments” na nalulugi, at madali ka ring maloloko ng iba.

Sabi nga ni Jim Rohn, “Ang pormal na edukasyon ay magbibigay sa iyo ng pangkabuhayan; ang sarili pag-aaral o self-education ang magpapayaman sa iyo.” Kapag nag-aral ka ng kusa mo, malamang matututunan mo ang mga susunod na tuntunin (at marami ka pang ibang mas-mahalaga at mas-advanced na lessons na matututunan).

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How to Invest in Stocks: 10 Things Beginners NEED to Know

February 15, 2016 by Ray L. 1 Comment

Tagalog Version (Click Here)

After reading and following the advice of so many personal finance and investment books like “The Millionaire Next Door,” “The Motley Fool Million Dollar Portfolio,” “The Bogleheads’ Guide to Investing,” and several others, there are several lessons that come up again and again due to their importance. If you’re a beginner and you want to learn how to invest in stocks, then these are the 10 crucial lessons that you need to know:

1. STUDY FIRST

Warren Buffett, one of the wealthiest billionaires of the 21st century, said that “risk comes from not knowing what you’re doing.” Whether it’s from books, seminars, blog articles, or anything else, you must read and learn from the best investing guides out there. If you don’t you will likely waste money on “investments” that are doomed to fail, and you will also be VERY easy to scam.

Like what Jim Rohn said: “Formal education will make you a living; self-education will make you a fortune.” If you start properly educating yourself, you will most likely learn the next nine lessons on your own (and you will also learn several more valuable and advanced lessons as well).

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Paano Magtipid ng Pera: Tatlong Masamang Mindset na Kailangang Iwasan

February 2, 2016 by Ray L. 2 Comments

English Version (Click Here)

Isipin mong may robot na palaging bumabangga sa mga bato, pader, at nahuhulog palagi sa bangin habang nagtratrabaho sa isang lugar. Dahil sa naka-program na pattern na iyon, nasisira ang robot at kailangan siyang ayusin linggo linggo. Kahit alam ng robot na masamang masira, hindi niya mapigilan ang sarili niya dahil ganoon ang pagkaprogram sa kanya. Ganoon din tayong mga tao at kailangan nating maintindihan iyon para matutunan natin kung paano magtipid ng pera:

Kapag binago natin ang “bad programming” na nagdudulot ng pag-aksaya sa pera, mapipigilan natin ang paninira sa ating kinabukasan.

“Ang kasiyahan ng karamihan ay hindi naglalaho dahil sa malalaking trahedya o pagkakamali, pero sa paguulit-ulit ng mga maliliit na bagay na nakasisira dito.” – Ernest Dimnet

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How to Save Money: Three Thought Patterns to Unlearn NOW

February 2, 2016 by Ray L. Leave a Comment

Tagalog Version (Click Here)

Imagine a robot bumping into boulders, walking into walls, and falling off ledges while moving around the workplace. Because of that programmed pattern, it gets seriously damaged and needs repairs every week. Although it knows that being damaged is bad, it still can’t stop itself from bumping into walls or falling off ledges as those are what it’s been programmed to do. Humans behave in a similar way and knowing how to change that is the number one key to learn how to save money:

If we change our “bad programming” or bad spending habits, we will certainly stop damaging our financial future.

“The happiness of most people is not ruined by great catastrophes or fatal errors, but by the repetition of slowly destructive little things.” – Ernest Dimnet

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