Tips on How to Make a New Years Resolution!

Here comes 2014 a new year, a new beginning and a new hope for us to begin our new chapter in our life. It's time for us to set a new goal and write down our New Years Resolution. But be sure that you will stick on it and whatever it takes you will follow it. Otherwise you just lost time & energy without any accomplishment in your goal.

Here are my few tips on how to set your New Years Resolution on the go.

• Write it Down

By writing it down you will not forget it. Because every time you can read it and will remind you about your goals. 

• Don't just "Say it" Do it

Stay away from negative thinking and people saying that you can't do it instead focus on your goal and take action. Don't just say I will Quit my bad habits take an action to accomplish it. 

• Leave the Past Behind & Learn New Strategy

Whatever happen to your goal last year forget it and consider it a new goal for this year. If your approach or strategy last year didn't work acquire and learn new strategy today to achieve it.

• Define the Obstacles

Determine or knows the obstacles that possibly become a hindrance to your goal. Don't just say it, write it down so that you can develop a plan on how to eliminate it.

• Tell to Others your Goal

By telling to others your goal it helps you to gain advice and support to achieve it. They can remind you about your goal if suddenly you out of the track and they can suggest to you a new approach to accomplish your goal.

• Keep Motivated & Be Inspired

Surround yourself with people that keep you inspired & motivated to reach your goal. Hang out with them and learn from them how they achieved  their goal.

So hope you find some tips on how to make your new years resolution here in my blog, thanks for reading and God bless to you. See you in my next post..

By the way let me greet you, Happy New Year to Everyone!

May God Bless you & your family, Happiness, Prosperity & Healthier Life to us.

Older Post you may also like:
Bad Habits Do you Want to Quit?
Money Saving Issue for Pinoy!
Why We Should Invest
How to Start a Saving?

P.S.1 Subscribe to my blog to receive my latest post directly to your email Inbox it's free →Click HERE!..

P.S.2 Do you want to gain Financial wealth & Spiritual abundance at the same time? Join us at the Truly Rich Club now! founded by Bo. Sanchez, its purpose is to "help good people become rich". Because of the guidance I get from the Club, I’m now investing in the Stock Market! I’m inviting you to join the Club too. If you’re interested, click the link here → Truly Rich Club.

Where to Spend your Child Cash Gifts?

          After Christmas day our child's are so happy opening the gift they received from their ninong, ninang, from their relatives and from some other people that have a generous heart either it is a toy, dress or most of the time a cash gift. All of them are very excited opening their gifts (toys, dress & etc.) and some are busy counting their cash gift. But let me ask you, Who are much excited regarding cash gift the child or the parent? Ha ha ha! I know some parents are the most excited & interested about the cash gift ng kanilang mga anak. 

          Dahil kadalasan ang nakikinabang o gumagastos nito ay ang kanilang mga magulang. In fairness naman sa iba, alam ko hinde naman lahat but mostly this is the reality. Minsan sasabihin nila sa kanilang mga anak bibigyan lang kita ng ganitong halaga at yun matitira ay itatabi ko para magamit mo din kapag nangailangan ka. Hmmm! Well kapag nakalimotan na nung bata he he he syempre yun magulang na ang gagastos.

         Spending the cash gift of your child is an important task of the parent because whether how or where you will spend it will give an important influence to the young mind of your child. What if they ask you? Nanay or Tatay nasaan na po yun pera na pinamaskohan ko.Whatever your answer on this question will surely influence your child's mind. Instead of spending the cash gift of your child for things that is unnecessary and will not benefit your child in the long run. Why not open your child a savings account or advise him to open a bank account? Sounds crazy ba? But this is the best way to spend their Christmas gift and also you teach them at their early stage the importance of savings. They will realize na kahit bata pa sila ay pwedi na sila mag-save sa bangko and I'm sure they will start asking & asking how they can grow their money in the bank. It will make them interested about savings.

          So next time they will ask, you know what you will answer. "Nasa bangko anak at magagamit mo ito for your future we will keep it there until it grow and you need it". 

          Did you know that a child with at least 7 yrs of age can open a bank account using their own names and signatures? Yes! This is true any child who knows how to read & write can legally open a savings account, time deposit, withdraw & deposit using their own names and signatures. 

Under Presidential decree no. 734 Section 1. Minors who are at least seven years of age are able  to read and write, have sufficient discretion and are not otherwise disqualified by any other incapacity, are herby vested with special capacity and power, in their own right and in their own names, to make savings  or time deposits with and with the same as well as receive interest thereon from banking institutions without the assistance of their parents or guardians, the provisions of existing laws and regulations to the contrary not with standing. Parents may nevertheless deposit for their minor children and guardians for their wards.

          There is a lot of bank like BDO, BPI, Metrobank, RCBC and any other bank that offered a kiddie savings account program. Visit their website or personally go to their branch near you and inquire about their kiddie savings account program.

"It is never too early to teach your child about savings, the earlier you introduced your child about the importance of savings the better". Teach them that savings are fun.

         So hope you find some advice about where to spend your child cash gifts here in my blog, thanks for reading and God bless to you. See you in my next post..

          By the way, let me ask a question, as a parent What is your plan to the cash gift that your child received? Share your thoughts.... 


Read Also:
Your Christmas Bonus Spend it Wisely!
Why We Should Invest?
Money Saving Tips
Where I Should Put my Investment?

P.S.1 Subscribe to my blog to receive my latest post directly to your email Inbox it's free>>Subscribe to My Personal thoughts About Life ..

P.S.2 By the way I joined truly rich club, dahil sa club binuksan nila ang aking kaisipan about investing, saving at iba pa. They inspire and motivate me to reach my financial goal, iniimbitahan ko din kayo to join us click here to sign up.

Photo Credit:  savemoney.my
                      Howard McWilliam

GodWhispers (December 24, 2013) Merry Christmas to All....

Dear ,

Think of five material things that you really craved for in the past—and you now own.  Are you now satisfied with what you have? Or do you now desire something new to add or replace what you already have?

Training you,

God

P.S. “things that matter most must never be at the mercy of things that matter least” (Wolfgang Von Goethe).

Important Note: We do not claim Divine Authorship for the messages in GodWhispers. Please don't take them literally. Read GodWhispers as an art work, reflecting Bo's personal experience with God. Like anything else, it's not for everybody. Thousands love GodWhispers because they say it helps them grow in their relationship with God. But if it doesn't help you, or worse, offends you, we sincerely apologize. We thank you for trying us out. Blessings!

Merry Christmas!

P.S. 1 Merry Christmas to you my friend, I give you a gift not an ordinary gift but I'm sure you it will give you inspiration & motivation to enhance your personal development and to pursue your goal. Click here to claim your gift → http://ambin16.blogspot.com/p/blog-page.html

Opps! Another gift, subscribe to my blog to receive my latest post directly to your email Inbox it's free>>Subscribe to My Personal thoughts About Life ..and I'll give you a full version copy of Bo. Sanchez Great Books "My Maids Invest in the Stock Market and Why you Should too"

P.S. 2 Do you want to gain Financial wealth & Spiritual abundance at the same time? Join us at the Truly Rich Club now.. Founded by Bo Sanchez, its purpose is to “help good people become rich”. Because of the guidance I get from the Club, I’m now investing in the Stock Market! I’m inviting you to join the Club too. If you’re interested, click the link here Truly Rich Club

Inspiring Story from Bo.Sanchez (The Only Way To Build Wealth Over Time)

       Hi! there have a blessed day to you my friend, today another great article from Bo. Sanchez that I have read I want to share with you. Building wealth does not require to have a big income or salary to achieve it. It requires patience, hard work, right attitude, determination and learning about how to grow your income. Here are the three things that Bo. Sanchez explains on How to Build Your Wealth Over Time;

1. Receive (Regular Income)

2. Retain (Simple Lifestyle)

3. Reproduce (Financial Literacy)

1. Receive (Regular Income)

If you want to become rich in your old age, the first requirement is to receive a regular income today.

Here’s the shocker: To build wealth in your old age, you don’t need super income, you just need steady income.

A lot of people think that income and wealth are the same. They’re not. A big income doesn’t equal big wealth.

       Let me tell you about Jack (not his real name). When I met him, he was President of a huge company and earning much more than P500,000 a month. 

His income was big. But so was his lifestyle. Jack drove luxury cars and travelled around the world. Always first-class.   He had a mansion in a plush subdivision.  Everyone around him knew he was wealthy. But they were wrong. 

Because throughout his working life, the most he saved was one million pesos. (That may be big for you and me, but to him, one million will last two months.) Why didn’t he save? Because he was banking on his fat retirement pay. Reason: He worked in that company for 20 years.

True enough, when he retired, Jack received P10 Million.  

But he never changed his lifestyle. After only 2 to 3 years, he woke up one day with all his money gone.  Soon, he sold his cars. Soon, he was asking money from his children.

       What happened?

       He did Step 1. He received an income.

But he never did Step 2 or 3.

2. Retain (Simple Lifestyle)

       People say money can’t buy you happiness. I agree.

       But face it, happiness requires a minimum level of money. I don’t live in Lala-land. We’re human beings with physical bodies that need stuff to survive and be happy.

       But the other side of the coin must be pointed out as well. After we reach our “Happiness Point”, more stuff won’t make us happier.

When it comes to possessions, I’ve reached my “happiness point” a long time ago. Any more possessions won’t make me happier. In fact, I believe the opposite happens: After reaching my happiness point, more possessions will lessen my happiness. (See graph below.)

Where Is Your Happiness Point?

                                    

Why does this happen? Because more possessions will mean more clutter, more stress, more worry, more envy, more costs, more taxes, more insurance…

Jack, the former company President, spent all his income. Like many people, he was enslaved by the hypnosis of materialism. 

To avoid the hypnosis of materialism, don’t swallow the world’s definition of “Rich.” You need to define what it means to live a “Rich” life.

Let me give you an example…

Does Your Pail Have A Hole?

       Building wealth is like collecting water in a pail. 

If there’s a hole in the pail, the water will just drip out—and you won’t be able to collect any water. 

That hole represents materialism.

What do you need to do? Plug the hole. And the only plug that can cover that hole is simplicity. If you don’t live simply, money will keep going out of the hole.

But alas, even simplicity isn’t enough. Plugging the hole in your pail isn’t enough. You need to constantly put new water into your pail…

For that, you need the third element…

3. Reproduce (Financial Literacy)

Retaining your money isn’t enough.

Why was Abraham wealthy? He didn’t only retain, he reproduced. The Bible says,Abram had become very wealthy in livestock and in silver and gold. (Genesis 13:2) At his time, wealth was measured by the heads of cattle, sheep, and goats that you had.

       Here was their rule to wealth: If you wanted to become rich, don’t eat or sell all your animals. You have to keep some of them to reproduce after it’s own kind. The more animals you reproduce, the richer you become.

One sheep can give birth to one to three lambs every year. That’s a growth rate of 100% to 300% a year.

       The secret of wealth is to keep your wealth reproducing after its own kind.

Where Do You Invest Your Money?

       I’m not asking you to buy cattle, sheep, and goats. Times are different today. There are only three places to invest your money: Paper Assets, Business, and Real Estate. (Note: Paper Assets mean the Stock Market and Bonds.)

       Not everyone can start a business or buy an income-generating property now. (In time, yes, through financial education.) But I believe you can invest in Paper Assets now.   Out of the three kinds of investments, it’s the easiest investment to make in your life.

       Specifically, if it’s a long-term investment, I encourage you to invest in the Stock Market. I don’t believe that you should trade. That’s dangerous. I’m talking about putting 20% of your salary each month in giant companies for years—disregarding the ups and downs of the market. If you follow this simple system, the Stock Market is the best, safest, and most effective way to build your wealth in your old age. (I teach this powerful system of investing. To watch me talk about it, click here.)

       I know that’s a controversial statement, but suspend your doubts and hear me out first.

May your dreams come true,

       Bo Sanchez

So that's it, in summary building wealth does not require big income instead a regular income, then live in a simple life and last learn how to invest to grow your income.

I Hope you are inspired & motivated in this great article by Bo.Sanchez, to read the whole blog click here.. 

Thank you for visiting my blog and see you in my next post.May god bless you!

Also Read

Plant In The Spring Or Beg In The Fall

Do You Want Success? Stop The Blame!

Truly Rich Club & the Stock Market

Let's talk About SAM in the Truly Rich Club

Question & Answers About the Stock Market

P.S.1 Subscribe to my blog to receive my latest post directly to your email Inbox it's free>>Subscribe to My Personal thoughts About Life ..

P.S.2 By the way I joined truly rich club, dahil sa club binuksan nila ang aking kaisipan about investing, saving at iba pa. They guide me and motivate me to reach my financial goal, iniimbitahan ko din kayo to join us click here to sign up.

OFW: Today's Modern Heroes!

Kamusta kabayan! As an Overseas Filipino Worker (OFW) they call us a modern hero or "bagong bayani". Do you know Why? One reason is because we contribute to the economic growth of our country through our remittances. Another reason is we give our family a comfortable way of living back in our country.

A Hero
A hero is a person who is willing to sacrifice all including himself for the sake of others. But we are a hero with a different personal sacrifice for the sake of our family. We sacrifice to be miles away from our family for a several days, weeks, months and sometimes years without no birthday and holiday season to celebrate with them. As we work here in abroad we want to save up to the last centavo of our salary, we live in a more economical lifestyle way of leaving here abroad without recreation to relieve our stress. Our daily life are just continues cycled in this routine; House then Work and House again then Work "paulit ulit lang" to save more money. We think more for our family than to our self. 

It is tearful if you experience the situation when you feel homesick, you cannot avoid the tears to fall from your eyes. But thanks to our modern technology today at least we can speak, hear & most of all see them through a webcam.


Other Side of A Hero
Although behind our sacrifice, back in our country we are a hero or "Bagong Bayani" to them. But here in the country we are working Sino nga ba tayo? We are just an ordinary person na nagtitiis at nagtitiyaga lang sa ating mga trabaho alang alang sa kapakanan ng ating mga mahal sa buhay. Not all of us are lucky in our current working condition here in Abroad. Some of us are facing a difficult situation, some are being abused by their employers, some are working longer hours than stated in their contract, and many other situations that become an additional burden to your personal sacrifice. Yun iba nananahimik na lang at pinagtitiyagaan na lang ang kanilang sitwasyon, because of afraid to lose their job and go back to our country ng walang kasiguradohan kung anung nghihintay na kapalaran doon. Some choose to stay here "hangang kaya pa ng katawan ko sabi ng iba" but sometimes they still here hanggang sa abotan na sila ng kanilang pagtanda. Why this is happening? Because some choose to sacrifice himself than to sacrifice the lives of their family.


Be A Hero to Yourself
Be a Hero to yourself also. We can be a hero to them as well as to our self. Think also for yourself because caring for yourself is also caring for them. Some of us once they got their salary immediately they send it in their family. What is left to them? Only a portion of their salary enough for their expenses and living here abroad without any Saving in their hand. They let their family handle the saving for their future. This idea is unrealistic not practical don't just rely on them to handle your saving or your future. Because the only person who is much better  to know the value of your earning here is yourself. 

Dahil tayo ang mas nakakaramdam at nakakaalam kung gaano kahalaga ang sakripisyo, pagtitiis at pagtitiyaga natin sa ating mga trabaho upang kumita ng pera dito sa ibang bansa. 

I did not mean that your family is not thinking in your future or don't care for your sacrifice working abroad. Ganito yun iba na ang sitwasyon kapag hawak na nila ang pera dahil alam nila na next month magpapadala kana naman ulit. So by giving only exact amount will teach them to budget and realize the value of the money you send to them. In addition explain to them your goal, why you need to give them only an exact amount of their monthly budget. Tell them that the money you are saving ay para sa kanila din naman at pagdating ng panahon sila din ang makikinabang niyan. By telling them your goal and involve them in it, definitely you will achieve your goal & your dream as well. 

Conclusion
Therefore to be a real Hero you need to be a Hero also to yourself. We don't need to sacrifice our self for a long time or until we reach our old age. By take in charge of your own future, start now to Save and learn how to Invest. Because our work here is not for a long time and we did not know if suddenly will happen. Let me ask you a question; How long do you want to carry your sacrifice? So start saving more & more and Invest it.

"It is better to start it slowly than never start it at all"

Thanks for reading & see you in my next post.
God Bless to you....


Read Also:
Saving Tips for OFW
Why We Should Invest?
Money Saving Tips
How to Start a Savings?
Where I Should Put my Investment?


P.S.1 Subscribe to my blog to receive my latest post directly to your email Inbox it's free>>Subscribe to My Personal thoughts About Life ..

P.S.2 By the way I joined truly rich club, dahil sa club binuksan nila ang aking kaisipan about investing, saving at iba pa. They guide me and motivate me to reach my financial goal, iniimbitahan ko din kayo to join us click here to sign up.

Your Christmas Bonus Spend it Wisely!

          Did you receive already your year end gift or 13th month pay? But this is well known as Bonus. I know you have so much planned how to spend it. Hmmm! Hinde mo pa natatangap yun bonus alam ko may mga plano ka na kung saan mo gagastosin yun. Like buying a new phone, a new gadget, go vacation, shopping dito, shopping doon and etc.

           Pero teka! Before you decide on how you will spend your bonus, please take a seat and read my few tips about how you will spend your bonus wisely.

1. Give Yourself a Bonus First!

           I did not mean you buy a latest cell phone or gadget for yourself huh. What I mean giving a payback for yourself that you will be satisfied and you will not feel regret for it. So give yourself a bonus first, something very unusual that for the past year you had not done it before. Like, try to Invest a certain percentage of your bonus to any investment type that you choose in which your money can have a potential to grow. 

           Oppss! What? Alam ko tataas kilay mo sa suggestion ko he he he. But think of it, if you buy a new cellphone or gadget now after a year the cost of it were surely going down at isa pa wala ka na sa uso dahil a new model that is better from the one you have will be developed. At paulit ulit ka na lang maghahangad na makabili ka ng latest model ng binili mo. Pero kung subukan mo na iinvest ang pera mo and you see that your money is growing after a year I'm sure you will also craving to add more money to your investment.

2. Buy New Appliances Only if it is Needed!

           Buying a new appliances is quiet a good decision sino ba naman ang ayaw magkaroon ng bagong gamit sa bahay but think twice or thrice before you buy. Ask yourself if you really need it or you just want it, remember need is different from wants. 

           Hinde yun gusto mo lang bumili ng new T.V. seat because you see your neighbors, they have a new LED flat screen T.V., although you have a flat screen T.V. and still working in a good condition. Inggit yun hinde needs, so ask yourself first if it is really worthy to buy it. Worthy if you really need it with regards to cost and quality of the item. For example, you need to buy a new electric fun because your old one is not efficient anymore. Umiikot lang pero hinde na nakakapagbigay ng malakas na hangin unlike before noong bago pa siya. Tapos kung ipapagawa mo siya ay malaki pa din ang gagastosin. Bumili ka na lng ng bago nakatipid ka pa sa kuryente. How? You save on your electricity bill in a way, your new electric fun now gives a better efficiency and satisfaction aside from your old electric fun. Which is you consumed electricity with a low efficiency output. I mean, ikot lang ng ikot pero hinde naman nakapagbibigay ng hangin at naiinitan ka pa din sayang lang gamit mo ng kuryente. 

           Before you buy a new appliances think of it  if you really need it and you will save from it. Instead, think to pay your debt if you have, so that in the coming year you have now a peace of mind and you can start your saving.

3. Ask Yourself if You Really Need a New Clothes, Pants & etc.!

           Buying a new clothes, shoes, bags & other apparel do you really need these? Yes! Pasko na dapat bago ang lahat, this is one of the Filipino way of celebrating Christmas. 

I remember when I was a child, I'm so happy if I have new clothes to wear during Christmas and I feel disappointed  if I don't have. Because our parent's cannot afford to buy all of us for a new pair of shoes, shirts & pants for each one of us they just give us only one of either shirts, shoes or pants basta meron lang kami maisuot na bago either damit, sapatos o pantalon at nakakalungkot lang pagminsan kahit isang bago na maisusuot eh wala. 

             But now, I figure it out that we only need a new clothes or pants during Christmas just because the smell of new shirts or pants it seems to make us feel satisfied and happy. Especially, if someone else will say "bago ahh ganda bagay sayo" you feel happy for it. There is no wrong with it, but before buying a new one, think again if you really need it or you just want it. Bakit ka bibili kung meron ka pa naman na maisusuot na sapatos o damit at kabibili mo lang last month. Why you will buy a new one, even some of your clothes, ay nakatago lang sa aparador at hinde mo naman naisusuot pa. So, before you will buy a new one, ask yourself if you really need it or you just want it, because your bonus deserves to spend wisely.

4. Give Gifts at your Own Affordable Prices!

             Celebrating Christmas is the time for giving gifts to your love ones, friends, family, relatives and most of all our godchildren or inaanak. I know that some of us are considering a budget for the gifts and some get it in their own bonus. Yes! Christmas is a part of giving and sharing your blessings. But remember you have to give a gift at your own affordable price only. Yes, your inaanak are expecting to receive a gift from you and if they received it whatever it is they felt happy and satisfied "ganyan ang mga bata".

Unless that sometimes this is what happening; 
"anu binigay ni ninong o ninang mo? o kaya magkano binigay sayo ng ninong o ninang mo?" Ay bakit yan lang! ang kuripot naman ng ninong o ninang mo nasa abroad pa naman ang asawa eh ganyan lang binigay sayo. Yun ohh naging kuripot ka na! ha ha ha. You know, this simple question even if it is a joke, it creates a bad impression in the mind of a child. This will bear in their mind at malalayo na ang kanilang pagiisip sa tunay na kahulugan ng pasko. This mentality can be passed to their siblings and up to the next generation.

            Consider also your budget, magbigay ka ng regalo yun kaya mo lang at pasok sa budget. Don't give gifts just to pretend your generous, yun tipong gusto mo lang makarinig ng masabihan na galante yan si ninong o ninang at ayaw mo masabihan ng kuripot. Giving gifts is one of the greatest Filipino culture during Christmas. No matter how simple your gifts it is, still it reminds to someone who will receive it the true spirit of Christmas and also it will remind that someone like you remember him.

5. Budget your Noche Buena!

             We love to eat good food during Christmas eve something special that we are not often eat. But also consider your budget in buying food & groceries for the Noche Buena. It's a great idea if you buy groceries early because the prices are not rising up yet. Look for a grocery store offering a sale in which you can save. Write down the groceries you need for your Noche Buena before going to grocery stores to avoid buying unnecessary items that you don't need. Also in writing it down it gives you an idea how much it will cost you for that grocery item.

           This just a few tips on how you will spend your Bonus wisely, but it's up to you if you will consider it or not. Because in the end you and only you are the master of your own money.

           Now after you read all my reminders & tips, let me ask you a question. What is your plan on how you will spend your Christmas Bonus? Share your answer in the comment box below for additional information to others.

           Hope you find some tips here and see you in my next post. Thanks for reading & God Bless to you....

Merry Christmas to you and to your family....

Read Also:
Why We Should Invest?
Money Saving Tips
How to Start a Savings?
Money Saving Issue for Pinoy

P.S.1 Subscribe to my blog to receive my latest post directly to your email Inbox it's free>>Subscribe to My Personal thoughts About Life ..

P.S.2 By the way I joined truly rich club, dahil sa club binuksan nila ang aking kaisipan about investing, saving at iba pa. They inspire and motivate me to reach my financial goal, iniimbitahan ko din kayo to join us click here to sign up.

How Inflation Affects Us?

        I know you heard about Inflation in a T.V. news or you read it in a newspaper, but maybe you don't care and did not try to understand what it is. Now this is the right time, na dapat makialam ka na at alamin kung anu ba itong Inflation and how to defeat this inflation. Before we go to the topic, I give you a definition of Inflation from Investopedia & Wikepedia;

From Investopedia;
"The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. Central banks attempt to stop severe inflation, along with severe deflation, in an attempt to keep the excessive growth of prices to a minimum."

From Wikepedia;
"In economics inflation is a persistent increase in the general price level of goods and services in an economy over a period of time."

         Sa madaling salita "Inflation" yun tinatawag na pagtaas ng mga bilihin from basics needs hangang sa mga iba pa nating pangangailangan sa ating pamumuhay.

         Did you know how Inflation Affects us?  I know you feel the effect of inflation, but you just keep quiet and let it pass year by year. Maybe one reason is because your company gives you an increase every year, that's why you didn't care for it anymore. But if you realize it, the increase in your salary is just a money illusion. Why? They gave you increase, but the price of your basic needs also increases. 
         It means, yun karagdagan suweldo sayo ay sapat lang upang makabili ka pa din ng mga pangangailangan mo kahit na tumaas na ang presyo ng mga ito, katulad ng pagkain, pamasahe, kuryente, tubig at iba pa. The question is? May nagbago ba sa sitwasyon mo ngayon na tumaas ang suweldo mo, wala di ba? paulit ulit pa din dahil ang totoo hinde naman nadagdagan yun kita mo kahit na every year ka nagkakaroon ng increase sa suweldo.

          Inflation is silently pulling you down you never notice or expect it, but it slowly brings you down. Even your money in your own regular savings account in the bank also cannot escape from this inflation. See image below from the National Statistics Office (NSO) report of average inflation rate. 

         I know you will ask and so How this will affect me and my Savings in the bank? I'll give you a simple example.

         Let say monthly you save Php 1,000.00 in one year you have Php 12,000.00 Wow! ang laki na ng naipon mo. Let say with interest of 0.375% per year sa loob ng isang taon ang kinita ng pera mo ay Php 45.00. So you have now Php 12,045.00 yan ang pera mo sa bangko sa loob ng isang taon. Pero ito ba talaga ang actual value ng pera mo? Let consider the table above for the average inflation rate for the year 2012 which is 3.2% . To get the actual value of your money for 1 year we add the interest and deduct the inflated cost. [Php 12,000.00 (Total Amount of Saving) + Php 45.00 (interest @ 0.375) - Php 384.00 (Total Amount of Saving x 3.2% inflation rate) = Php 11,661.00 (actual value of your money)].

Note: This is a rough computation it is for illustrative purposes only to show how inflation can affect your savings.

        So you see in the sample computation na bumaba yun tunay na halaga ng pera mo and your money is actually beaten by inflation. I just want to emphasize that don't just let your money sleep in a bank, invest it slowly in any investment vehicle that is convenient to you, so that your money truly grow and beat inflation. Start asking & learn the different type of investment option that can truly defeat Inflation. "We cannot avoid Inflation but we can fight back and defeat Inflation by learning how to Invest & where to Invest".    
                                                                       

       Hope you learn something about Inflation through my blog and see you in my next post. Thanks for reading & God Bless to you....

Disclaimer: I’m not a financial expert adviser, I’m the same as you looking for the best option where I can put my money to make it grow and I found out through investing and now I’m at the stage of studying & learning the different investment option.      


Read Also:
Why We Should Invest?
Money Saving Tips
How to Start a Savings?
Money Saving Issue for Pinoy

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P.S. By the way I joined truly rich club, dahil sa club binuksan nila ang aking kaisipan about investing, saving at iba pa. They guide me and motivate me to reach my financial goal, iniimbitahan ko din kayo to join us click here....

Question & Answer About Stock Market (Part 2)

In my previous blog I give you an answered on some questions about the Stock Market like; What is stock market? Who are the participants of the stock market? and How it works? kung hinde mo pa nababasa yun part 1 click here. Today let's consider this as part 2 of the Question & Answer About Stock Market and I know you still have some question in mind about the Stock Market. Like, how much money do I need to Invest, how I will earn in the Stock Market, when is the right time to Invest and etc.


How I will earn in the Stock Market? There are two ways on how you will earn in the Stock Market. 1.) Through Capital Appreciation or an increase in the stock price. Halimbawa bumili ka ng stocks ng company A ngaun sa halagang Php80.00 per stocks after that the price goes up to Php100.00 so the difference is Php20.00 yun ang kinita mo per stocks at kung meron kang 10 shares dun sa company A ang total mo na kinita ay Php200.00. 2.) Through Dividends declared by the company, sa madaling salita kapag nagdeclare yun kompanya ng kita lahat ng mga shareholder or stockholder ng kompanya ay magkakaroon din ng karagdagang kita. They gave it to the investor either cash dividend or stock dividend. Halimbawa kung yun company A nag-declare ng dividend na Php1.00 per share at meron kang 1000 shares you will get Php1,000.00 kung stocks dividend naman at nagdeclare si company A ng 25 % dividend at my 1000 shares ka magkakaroon ka ng karagdagang 250 shares.

You say declared what if the company did not declare a Dividend? The company owners are also a stockholder of their own company, so by declaring a dividend they are also paying themselves. 

Meaning of dividend from Investopedia:

Dividend is a distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders. The dividend is most often quoted in terms of the dollar (money) amount each share receives (dividends per share). It can also be quoted in terms of a percent of the current market price, referred to as dividend yield. 

How much money should I Invest in the Stock Market? The money you will invest in the stock market is depend on you. You are the master of your own future, just remember that you are investing for a long term. So, the amount of money you will invest is the money you did not need it after 1 month or 1 year. Be consistent with it, if you are already starting a saving divide it and set a certain amount from it to Invest in the stock market. Pwedi ka naman mag-umpisa nang kahit every month Php2,000.00 or more and then every two months buy a stocks. Remember that "it is better you start it slowly rather than not starting it at all". At isang paalala lang bago ko makalimutan, don't put all your saving in the Stock Market because if suddenly happen and all  of your savings is in the stock market you will be forced to withdraw it even the value of your Investment is low. 

When is the Right Time to Invest in the Stock Market? There is no right time because every time is a right time. Investing in the stock market "time is your greatest ally" the earlier you invest the more time your money grows. See this sample illustration below showing investing of Php5,000.00 monthly. You will see that the earlier you invest the higher your money Grow. So start your investing as early as you can. 

Source of Image: PSE Building Wealth with Stock Market

Historically, stocks have offered average returns of 10% to 12% a year if maintained for the long term regardless of economic conditions and market environments.

What are the Cost involve in Buying & Selling Stocks? See the image below for the basic amount of cost in buying & selling stocks.  

Source of Image: PSE Building Wealth with Stock Market

Maliit lang ang cost per transaction, see sample below of my transaction as I bought stocks of EEI Corporation the cost is Php9.95 per stocks I bought 100 shares. 

Php9.95 x 100 = Php995.00 gross amount or total price of stocks
Add: Stockbrokers fee which is Php20.00, plus vat Php2.40 & other charges equivalent  to Php0.15. The total charge of Php22.55, so the Net Amount I paid for this transaction is Php995.00 + Php22.55 = Php1, 017.55 (See sample image below).

Hanggang  dito na lang muna, hope you find the answer for some of your question here and see you in my next post. Thanks for reading & God Bless to you....

By the way, kung gusto mo makatanggap ng new post ko directly to your email Inbox → Subscribe to My Personal thoughts About Life it's for free and also you can drop a message to me if you have some question... 


Read Also:
Truly Rich Club & the Stock Market
Let's talk About SAM in the Truly Rich Club
How to Open & Fund a COL Financial Account While Abroad
How to buy stocks through COL Financial Online Platform

P.S. Do you want to gain Financial wealth & Spiritual abundance at the same time? 

Join us at the Truly Rich Club now! founded by Bo. Sanchez, its purpose is to "help good people become rich". Because of the guidance I get from the Club, I’m now investing in the Stock Market! I’m inviting you to join the Club too. If you’re interested, click the link here and registered Truly Rich Club.