Learn To Say “No!”

Learn To Say “No!”

Peer pressure is another area of concern when it comes to managing our finances and as financial consultants, we always tell people – Do not surrender your finances to peer pressure! What do we mean by this? Huwag n’yong i-surrender ang buhay ninyo sa kabarkada. Alam n’yo ba na kung minsan, sila ang sumisira sa buhay ninyo?  Yes, ang kabarkada […]

Learn when and when not to help Family, Relatives and Friends (Part 2)

Learn when and when not to help Family, Relatives and Friends (Part 2)

In the previous articles, we talked about three ways on how to deal with family members, relatives and friends who are asking for our financial help. Now, let me give you a few more tips: Fourth, Kung kaibigan ang nanghihiram, conduct background investigation bago magpautang. Tanungin n’yo muna ang nagungutang sa inyo, “Para saan ba yan?  Kailangan ba yan?” Ganito, […]

Learn When and When Not to Help Family, Relatives and Friends (Part 1)

Learn When and When Not to Help Family, Relatives and Friends (Part 1)

Dealing with family members, relatives and friends who ask for our financial help can can be tough and difficult. Thus, we should learn when and when not to help family, relatives and friends. Dapat alam natin kung kailan tutulong o hindi tutulong sa mga kapamilya, kapuso at kapatid.  Kami, may standard operating procedure patungkol sa pagpapautang. Let me share it […]

Spend at the Point of Your Strength

Spend at the Point of Your Strength

When we talk about managing or handling the financial resources of the family, marami ang nagtatanong kung sino ba ang dapat humahawak ng pera sa bahay – lalaki o babae?  (Babae!) Mali! (Lalaki!)  Mali! (Pareho!)  Mali! Ang dapat, kung sino ang mas magaling!  Kung hindi magaling si babae, ibigay kay lalaki; kasi mauubos ang pera kay babae eh!  Kung hindi […]

Privilege Spending

Privilege Spending

In my previous article, we talked about Conjugal Spending. This time naman, let’s talk about “Privilege Spending.” Ano yun? Let me tell you a story… One day, habang nasa bahay kami, may dumaan na nagtitinda ng taho. Gusto kong bumili ng taho. Ang problema, hindi ako pwedeng bumili. Wala ang asawa ko. Remember conjugal spending? Walang bibilhin kapag hindi nag-agree si misis at […]

Conjugal Spending (Part 2)

Conjugal Spending (Part 2)

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, magpapaalam ako kay misis. Kapag may bibilhin si misis, magpapaalam siya sa akin.  Maganda ‘yon!  Bakit maganda?  […]

Conjugal Spending (Part 1)

Conjugal Spending  (Part 1)

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… few years ago? (Ang iba ay few months ago.)  Do you still remember your marriage vows?  Heto – “for better, for worse,”  Ano’ng kasunod?  “For richer, for poorer” At… “in […]

Consumer-Led

Consumer-Led

By Yay Padua Olmedo What makes you buy the products you fill your shelves with?  How much are you willing to fork out for brands you trust? Economists have often attributed the growth of the Philippine economy to consumer-led spending, not necessarily to job generation. Thanks in part to our OFWs’ hard-earned―or should I say, slaved for―dollars. Naturally, since all […]

How to Get Out of Debt

How to Get Out of Debt

By Pat Robertson, Chairman, Christian Broadcasting Network The Bible says this is simple. “The borrower is the servant of the lender.” Except the word really is “slave.” “The borrower is the slave of the lender.” The Bible also says, “Owe no man anything save love.” That’s all you are supposed to owe. We have a debt of love to everybody. […]

Tips on How to Save on Gifts

Tips on How to Save on Gifts

Since the start of our series on Financial Management, we already talked about various areas on how to save and cut-down our expenses on the following – education, food, housing, utilities and clothing. Now, let’s discuss how to save on gifts.   Tip no. 1 – Buy gifts during sale and off-season. When buying gifts, buy during sale and off-season, […]

Tips on How to Save on Clothing

Tips on How to Save on Clothing

Kapag kailangan n’yo ng damit, huwag kayong bumili. Kapag hindi n’yo kailangan, bumili kayo! Malinaw naman di ba?  O naguguluhan kayo? Parang ang labo ano?  ‘Pag kailangan, huwag. Kapag di kailangan, bumili! Huwag bibili ng damit kung kailan kailangan. Halimbawa, during summer, mura ang jacket. Kung tingin n’yo ay kakailanganin n’yo ito pagdating ng tag-ulan, pwede na itong bilhin dahil naka-sale […]

How to Save on Utilities (Part 4)

How to Save on Utilities (Part 4)

This is the last part of the series on how to save on utilities. Tip no. 5 – Get only the appliances or equipment that you need and use them wisely. Let’s talk about TV. Kailangan n’yo ba talaga ng TV?  “Oo naman! Aanhin naman namin  ang cable kung wala naman kaming TV!” Ang talino…. nagpakabit ng cable, wala pa […]

How to Save on Utilities (Part 3)

How to Save on Utilities (Part 3)

In the last three articles, we talked about how to save on utilities. That is, (tip no. 4) – Get only the services that you need and use them wisely. We discussed about cable and telephone (land line). Now, let’s talk about Cellphones.   Kailangan n’yo ba ng mamahaling cellphone? Marami sa atin, hindi kailangan ang mamahaling cellphone. Kaya ang suggestion […]

How to Save on Utilities (part 2)

How to Save on Utilities (part 2)

In my previous article, we talked about three tips on how to save on utilities. Now, let’s continue our discussion with tip no. 4 – Get only the services that you need and use them wisely. Paano ito? Let’s take for instance, Cable. Kailangan n’yo ba ng cable? “Oo naman! Nakakasawa na kasi ang mga palabas sa TV. Kapag may […]

How to Save on Utilities (Part 1)

How to Save on Utilities (Part 1)

Kapag nakatanggap ka ng billing statements, ano ang pinakaimportanteng impormasyon na dapat ninyong tingnan? Amount? Consumptions? Due date? Hindi! Ang pinakaimportanteng bagay na dapat n’yong tingnan ay pangalan at address, baka hindi naman sa inyo ang bill. Baka naman iyan ay sa kapitbahay ninyo, lalung-lalo na kung kayo ay nakatira sa hile-hilerang apartment or townhouses. Madalas, nakapangalan iyan sa may-ari […]