Have you ever hidden expenses from your spouse? Or at least, were you ever been tempted to do so? If you’re reading this with your spouse, you’ll probably deny it to death! But it wouldn’t be surprising if you have done this, even in the distant past. Do you realize this is one way...
Quick, if you get a bonus, what will make you happier — buy that new smartphone you’ve always wanted or give it a non-profit whose caught you believe in? Most likely, you’d think spending money on ourselves will make us happier. Well, happy for sure, but not happier than if we give it away....
Let’s face it: you will fight over money. Even if you have the same goals, same money personalities, same priorities, same values, and same everything, you will one way or another fight about financial issues. In our case, one of us sometimes forgets to pay the bills on time. The other one, however, is...
What do you do if you have Php100 million? Or even “just” Php10 million? In other words, how would you spend your fortune? You’ve heard of the saying “Money does not buy happiness.” I’m sure you’ve heard stories of lonely billionaire hermits and miserable millionaire misers. And you’ve read about lotto winners and rich...
Are you a comparison junkie? I was. For years, I had the habit of comparing my income, net worth, and career with others. And with others, I mean everyone, including: my siblings my in-laws my dad (when he was my age) my classmates in college my classmates in high school my co-workers my former...
Ideally, you should already know if you are financially compatible even before getting married. However, if you’ve been together for some time, it is never too late. We’ve been blessed that we’re financially compatible in general. Sure, we still have our differences, and we occasionally have money arguments. But overall, when it comes to...
We’ve always been told that “money does not make you happy.” Apparently it does, but only to a certain extent. There have been studies linking happiness to level of income across countries and on an individual basis. The conclusion? Money can make people happy, especially those who are financially struggling. This makes sense. After...
Money is the number one cause of divorce. There is at least one study that backs up this claim, which found out that “Couples who reported disagreeing about finance once a week were over 30 percent more likely to get divorced than couples who reported disagreeing about finances a few times a month.” For sure, money...
You can’t separate many of your family decisions from your financial decisions. More often that, your choices for your family has an impact on your finances. If you’re just starting out as family, or even if you’re married for a while, you and your spouse need to make these important decisions. Each of them...
Investing can be overwhelming. In journalism, research, or even police investigations, the most basic approach to gathering information is referred to as the 6 W’s (more accurately, the 5 W’s and 1 H or 5W1H): What, Who, Where, When, Why, and How. You can take the same approach as you figure out how to...
