Posts tagged ‘personal finance’

Should I put my emergency fund in Pag-IBIG MP2?

Posted May 22, 2020 under Investing, Personal Finance | 1 Comment

Should I put my emergency fund in Pag-IBIG MP2? The quick answer is no. That’s because your money is locked for 5 years in the Modified Pag-IBIG Fund 2 investment, so it’s not a good place to put your emergency fund. More details on the video below.

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How to prepare for a global recession?

Posted May 13, 2020 under Personal Finance | No Comments

What should you do to prepare for a global recession happens? Personally, I believe it is to focus on your cashflow, particularly your income. You should really work on building multiple sources of income. Establish both active and passive income. Do some freelancing gig apart from your employment income. See if you can start a […]

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How can I earn lots of money?

Posted January 9, 2019 under Personal Finance | No Comments

Many people are asking how can they earn lots of money. Some are looking for ways to make money fast today. Most want to make money online and are looking for free ideas, especially those that don’t need a big capital or investment. Here’s my quick personal opinion. Answer: We all want to earn lots […]

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Are rich people frugal?

Posted June 11, 2016 under Personal Finance | No Comments

Is it true that most rich people are frugal? If so, then does that mean one needs to be frugal to become wealthy? I guess my question, if you put it in another way is that what’s the reason why rich people are good at scrimping? Answer: How do you think they got so wealthy? […]

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How do the super rich handle their finances?

Posted May 12, 2016 under Banking, Personal Finance | No Comments

I’m talking about those people on the Forbes list among others. So let’s say Bill Gates — does he have a bank account that shows millions of dollars as its balance? So what’s the reality? Answer: First, the extremely wealthy will always have businesses, real estate, jewelry, art, investments, etc. which makes up the bulk […]

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Disadvantage of Insurance

Posted September 21, 2012 under Investing, Personal Finance | 10 Comments

Hello po! Tanong ko lng po disadvantage of having insurance, may nabasa kasi ako on other forum that one of the biggest money mistakes ng ibang member is gettin insurance medyo naguluhan ako since lagi promote now these days to get insurance, paano naging money mistakes pagbili ng insurance? what if bumili na ng insurance […]

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