We have already discussed two budgeting principles in the previous articles. Below we proceed to the third, let’s have a review: The first principle in budgeting is Piso ‘Yan, and the second is Kurot principle. Now, let’s go the third: the 70-20-10 Principle. Ito ang...
I am blessed to have the privilege to speak to and observe many financially savvy people, and one thing they have in common is that they are not fond of making excuses. Here are five finance excuses you will never hear from them: Finance Excuse #1 – “I don’t know...
My life was in a financial mess despite having enough knowledge about finances. Eventually, I realized that money is more about behavior and less about skills. When I gave my life to Jesus and began to read the Bible, many things changed for the better for me,...
In my previous article, I already discussed three reasons why we need to manage our finances. Having understood these three reasons, I will now give you two more to complete the five. Reason number four is “Because we need money to live harmoniously with others."...
In previous articles, I discussed three reasons people have money problems. Today let me proceed by sharing with you five reasons why we need to manage our finances. Because we need money to live. Kailangan natin ng pera para mabuhay! We need money for our food,...
The number one problem when it comes to family living isn't our failure to communicate, as important as that may be. Nor is it what takes place behind the bedroom door, or keeping our in-laws from becoming outlaws. The greatest, single problem facing families today is...
Question: Hi, Randell. My child has been working for five years already but I feel that I can do more to help him become financially independent. I’ve been helping him out by giving him a monthly allowance of P10,000, instead of him contributing to our expenses in the...
In my previous article, I mentioned about conjugal spending. Ano nga ang conjugal spending? Eto ‘yung ginagawa namin. Ang pera ko at pera ni Misis ay combined. No exceptions! So, kapag may bibilhin kami, conjugal spending. This means na kapag may bibilhin ako,...
A lot of our issues with regard to money are behavioral in nature. Reading a ‘how to’ finance book or even attending a seminar is never a guarantee that it will put you on a path toward financial freedom. It always starts with a decision and that decision is done on a...
In our seminars, we usually ask, “Sino sa inyo ang magastos ang asawa? Itaas ang kamay. Eh sino naman ang mas magastos?“ Ayan, kayo pala ang problema! Naalala n’yo ba noong kinasal kayo… a few years ago? (Ang iba ay a few months ago.) Do you still remember your...