There’s more to personal finance than technical know-how. You see, managing our money has a lot to do with our attitudes and behavior. Financial freedom is more than having a net worth and cash flow that allows you to make working optional. It’s also about being freed from the bondage of materialism. Let me...
What do many couples fight about when it comes to money? Most of the time, they have different money personalities, like when one is a saver while the other is a spender, or one is a budget control freak while the other is blissfully indifferent (or, worse, is also a control freak!). Another major...
We are (at least partly) a product of our upbringing. Our attitudes towards money often can be traced back to our childhood. It might sound psycho-babble to blame everything on how our parents brought us up, but there is certainly a little truth in that. For me, some of my values about money have...
Money magazine conducted a survey on money and marriage and found out that 84% of respondents noted that money causes tension in their marriage, and 15% fight about money several times a month. I wouldn’t be surprised if a similar proportion of Filipino couples would say the same thing. So I consider myself blessed...
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...
