There was this study from the University of Utah where they interviewed thousands of couples. They were asked how often they disagreed over chores, in-laws, spending time together, sex, and money. Fast forward five years later, and this time they were asked if they were still married. Here’s what they found: couples who fought...
Quick, when was the last time you thought about your retirement? If you’re under 50, you probably gave it just a passing thought. If you’re under 30, maybe not even. For many of us, retirement is just too far off to give it much thought. How can we think of something decades from now...
When it comes to money, attitude has more impact than skills on how you handle it. And how do we develop our perspectives and psychology about money? Yes, all throughout life, but a big part of it can be traced back to our childhood. Think about how you grew up. What did your parents...
When you think of investments, you automatically think of stocks, bonds, funds, or real estate. Certainly, you need to invest your hard-earned money in these asset classes. But there are other investments you need to do that affect other areas of your life, which in the end will have not only a financial impact...
The worsening traffic in Metro Manila has gotten me lately to seriously think about where I want to retire. In fact, it has become so bad that I started to think about pre-retirement: where I want to live even before I retire. Certainly, certain cities in the Philippines are good candidates: Cebu, Davao, Bacolod,...
After all the holiday spending, I know you’re now in the saving and investing mood. Now before you start putting your money to the next IPO or condo unit, consider some of these investment resolutions to avoid costly mistakes and make the most of your hard-earned money. Resolution #1: I will have an investment...
Every year, usually on my birthday or before New Year, I update my list of life goals. You may be familiar with the Be, Do, Have format of setting goals. If you are not, it basically means categorizing your goals into three: what you want to be, what you want to do, and what...
I started investing in 1997. Correction: I traded some stocks back in 1997 and 1998, and I made a tiny profit. I have nothing to show for it because I pretty much spent whatever profit I made from the handful of stocks I bought. I was single, working in a bank, and started to...
Financial literacy begins at home. Our schools rarely teach us about money. Our companies rarely teach us about money. Our churches rarely teach us about money (and it’s usually it’s too warn us about it). So it is up to us to teach our family about money. And that means you need to know...
There was a time, not so long ago, when people worked until they turn 60 or 65, and then they are given a monthly pension or a lump sum retirement pay plus maybe a watch. Then they spend the rest of their life on the golf course or playing with their grandkids. Not anymore....
