November 4, 2016

9 Best Lessons from Warren Buffett everyone Should Know

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credit to the owner
He is one of the most successful and very interesting multi-Billionaire this century has to offer. Decorated with triumph one after the other, he defied the expectations of how a rich man does and live the opposite instead. He keep himself humble, friendly, and simple. I read an article that I eventually reposted in facebook from greenyatra/facebook about the life of this greatest money-maker.

There was a one hour interview on CNBC with Warren Buffet, the second richest man who donated $31 billion to charity. Following are some interesting aspects of his life that will surely surprise you.


1. He bought his first share at age 11 and he now regrets that he started too late!


Things were very cheap that time, so encourage your children to invest and lead them the way to start young. When Buffett was a teen, he was already raking in about $175 a month — more than his teachers (and most adults). Read more: Business Insider.



2. He bought a small farm at age 14 with savings from delivering newspapers


One could have bought many things with little savings. Encourage your children to start some kind of business. Best things are prepared for those who started early in life. Paper delivery was just one of many small businesses teenage Buffett orchestrated: He sold used golf balls and stamps, buffed cars, set up a pinball machine business, and turned a horse track into a lucrative playground. Read more: Business Insider.



3. He still lives in the same small 3-bedroom house in mid-town Omaha, that he bought after he got married 50 years ago. He says that he has everything he needs in that house. His house does not have a wall or a fence.

credit to the owner

Don't buy more than what you "really need" and encourage your children to do and think the same. You have to distinguished what are assets and liabilities and from there, you can make a wise decision habit. Warren is maintaining to live away from luxurious life. His attitude does not change over the years.


4. He drives his own car everywhere and does not have a driver or security people around him.


You are what you are. Keep a frugal and simple lifestyle. Super billionaires have something in common and they are living a very prudent life it does not mean that they are hoarding their money but that's how they are wire in. Frugality has already been a part of their lives.

5. He never travels by private jet, although he owns the world's largest private jet company.


Always think how you can accomplish things economically. 

6. His company Berkshire Hathaway, owns 63 companies. He writes only one letter each year to the CEOs of these companies, giving them goals for the year. He never holds meeting or calls them on a regular basis.


yahoo new

Assign the right people to the right jobs. Warren is surrounded with best team in the world and understands well his vision for his company. Set goals and make sure people focus on them.

7. He has given his CEO's only two rules:


Rule #1: Do not lose any of your shareholder's money

Rule #2: Do not forget rule #1.



8. He does not socialize with the high society crowd. His past time after he gets home is to make himself some pop corn and watch television.



Don't try to show off, just be yourself and do what you enjoy doing.

9. Warren Buffet does not carry a cellphone, nor has a computer on his desk.

credit to the owner
Bill Gates the world's richest man met him for the first time only 5 years ago. Bill Gates did not think he had anything in common with Warren Buffet. So he had scheduled his meeting only half hour. But when Gates met him, the meeting lasted for ten hours and Bill Gates became a devotee of Warren Buffet.

His Advise to Young People:


"Stay Away from credit cards (bank loans) and invest in yourself and Remember;


A. Money does not create a man but it is the man who created money.


B. Live your life as simple as you are.


C. Don't do what others say, just listen them, but do what you feel good


D. Don't go on brand name; just wear those things in which you feel comfortable


E. Don't waste your money on unnecessary things; just spend them who really in need rather


F. After all it's your life then why give chance to others to rule your life

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November 3, 2016

How to Make the Most Out of Your 13th Month Bonus in 2016

2:02 AM  ,  No comments


We, the employees are already excited this time of the year, not just because it's almost December but because we are counting days of the release of our bonuses (yahoo!). Some of you may have already prepared what to buy; gadgets to shop and gifts to give for the inaanaks.

 There's always an exciting feeling we anticipate while waiting for it. Hopefully, the long wait is over- a  time to rejoice and enjoy our hard-earned money. 

 "I'll surely buy iphone 6", said by one commuter.

" I'll buy flat screen, no way, I'll treat myself at Vikings" said the other...

 There's nothing wrong with their statements, I've also been hearing it in our office while 2016 is coming to a close. It goes without saying, bonuses are freely-given by the company for us to utilize it wisely. However, we need to learn good stewardship or else be gone with the wind. 

 I've learned a life-long practice and I'm confident that this would work for you too. Up to this time, those bonuses are still on hand because I put it on asset classes that are appreciating over the years and I'm happy with the returns. 

Before going any further, lets define first these two things for us to identify the significant differences;

Liabilities- something that depreciates in value over time, ( not unless you have stuffs in your position which could be a collector's item many years from now , however this has ''one in a million" chance)

 I can still remember when I was in college and one of my classmates who have a gadget's shop, sold his Nokia phone which was before a status symbol telling me that owning it is a very good investment. So I took his words for it and used my scholarship's fund to have that phone without even knowing the real purpose. At first, I got my friends admired my new gadget like owning a chihuahua and I was bathed with appreciation. After few years, that phone became obsolete and it ended up kept in the drawer. 

example: Smartphones, appliances, designer bags and other luxuries


 Assets-  something that appreciates in value overtime, mostly through compounding interest

 This is my most favorite part that many people hate. There has been many misconceptions about investments and others even identify it as scam. While others are interested, they don't like the idea that they need to wait for many years to take advantage of the benefits. 

 Younger Millennials are not use to waiting and many of us want to have it in an instant. Walang ganun! The only way to maximize and keep your money is to park it in a good asset class.  If you want to have lasting assets, you need to work it out diligently.

example: investments, business, income streams


Paying your debts

I made it first on the list because I know that this is very important in your financial life. I'm a strong advocate of a debt-free living and I'm teaching it consistently on my blogs, in the office, to my friends and family. Having said that, it is a great opportunity to clear what you owed once you already have your bonus.

 One of my readers sent me a message that once she will receive the 13th month pay this year, she will commit it to pay for her credit card debt other than thinking of gadgets or luxuries. What a wise decision!

 I've wrote multiple articles on dealing with debts that you can check out on my blog archives. In my previous blog Life After Debt: Should I Pay My Debts First Before Investing?, I highlighted there that to settle your debt is already a form of investment for yourself. You cant fix your financial life not unless everything is all set in order properly. 


Building your Emergency Fund

This is a perfect example of paying yourself first. What I can advise is to build your emergency fund this year. It is very convenient for me to set aside an amount from time to time but many people find it hard and boring especially if you are not use to it. Since you have already a big chunk of money, you can do it all at once. 

 The concept of emergency fund is to save it for future use such as emergencies and unexpected occurrences. The fund should be good for 3-6 months and should remain liquid. That means you can use it anytime you need it. 

I would prefer to look for time deposit account or a savings account. If the fund is already intact, you can put half of it to less risky investment such as bonds. You can inquire in your banks or check it online, in BSP website, Bureau of Treasury, or in investment forums.

Adding income streams



Buying gadgets are not bad if you will use it to produce another income. You can buy good quality computer and start offering English tutorials in your free time. Online jobs are on trends nowadays,  so you can apply on rarejob.com and teach English language to Japanese learners while you are at home and in your convenient time. You might as well a "camera-fanatic", then you can start taking photo for a living or an I.T. by profession to start an online part-time job. 

 I just realized nowadays how important it is to have best gadgets when I'm already engaged into trading and blogging and doing vlogging project for next year. Having best equipment is always a very good advantage. Since everything is almost online nowadays, best specs should be considered and taken seriously. If you have good gadgets, you can maximize doing online jobs and do digital marketing.

Increasing your Skills

Seminars and webinars are very popular nowadays. Although there are advocates who are offering free seminars, I would advise you to attend paid seminars, not only that you can listen directly from best speakers but you can also learn something great in a shorter time (you will also enjoy good food and accommodation).

  If you really want to learn new skills or bring your skill to the next level, I would advise to attend from these best speakers/organizers. I knew some of them who are conducting regular seminars that you can signed up. Just a disclaimer, I'm not affiliated to any of them.

 - TGFI (The Global Filipino Investors)

 Spearheaded by Personal Finance Advocate Floi Wycoco, their excellent team is moving from places to spread financial literacy and business ideas. They are also conducting webinars for start up businesses, investments,  and often inviting speakers who are leaders in their different fields. 

 - Randell Tiongson's Icon Conference

 This is a yearly conference and I attended last year and it was a blast. You will get to meet and hear from best mentors and Registered Financial Planners in the country today such as Efren Reyes, Marvin Germo, Randell Tiongson himself, Francis Kong,a and many others. Things that you will bring home are bytes of learning in finance and investing. If you don't have any idea in investing, after you attend this you will surely be on fire!

 - Marvin Germo's Stock Smart

 He is the sought after speaker for both investing and trading around the world. He has also written best-selling books. Do not miss his seminars around the country and learn investing the easy way.

 - Nikki Yu's Bookaka Seminars

 For those experienced investors and traders, you can also attend their seminars for free for premium subscribers. What I like about this group is that they are sharing their passion and knowledge about trading and often invite speakers that are successful traders.

 - Caylum Trading Institute

You can maximize your profit in the Stock Market by trading but it takes a lot of effort and dedication or else you will be eaten alive by the market or you will be strayed by hypes. You can enroll in their course as you hone your skill in trading stocks.

On my bucketlist this year and on 2017, I'm setting aside funds to enroll seminars/conference on stocks trading, foreign exchange, foreign stocks investing, SEO, Digital/Online Marketing and book writing. You cant be wrong in learning new skills and you can get the benefits in the long run.


Building a start-up Business



I always believe that I'm entrepreneur by heart. Everytime I have funds, I usually use it to fund a business venture. It has also been a long practice that everytime I received my bonus, I utilized it for projects. I like building small businesses (both online and home business), it always works for me since I have an office job and I can micromanage it.

This year, I was able to start a fruit business and garment business. These are just small businesses but it really help a lot in terms of profit-making. From these businesses, I was able to saved some and invested it in the Stock Market. You can also read my blog How I Made My First Million in the Stock Market.

I encourage you to buy good books and reading materials. You can start with buying monthly edition of Entrepreneur Magazine or if you want to get ideas online for free you can also visit and read some business/money tips in Entrepinoy,Atbp.. I really like this website it's because the businesses they introduced are Pinoy-friendly and small-medium business ideas that only require minimal capital. 

Acquiring good Investments


Stocks

 I've been in the Stock Market for a while now and all I can see are good things which are happening in my investments even the market is volatile. Stocks has always been my first love. When I started to invest in the Stock Market, that was also the same time that I began to realize the importance of financial education.

If you are going to start investing this time around, this is very timely for you since we are expecting factors that can cause the market to go down further. It would be a great opportunity for you to buy stocks in bargain more than you experienced in the shopping mall.

 You can start shopping good stocks like Ayala Land (ALI), Banco De Oro (BDO), First Gen Corp. (FGEN), and many more...You can also read my blog Investing in the Stock Market the Lazy Way to spot and pick best stocks to keep and hold for long-term.



Mutual Funds

I'm too busy at work! This is the common excuse that I've heard by friends and colleagues which I've shared investment opportunities. I tell you, I was able to manage it even if I'm too busy at work. For the purpose of making things easier, Mutual Fund is dedicated and tailor-fit for busy people. 

 Usually, you just need to start 5,000 pesos and you can top-up in your convenience. You will also have a license fund manager (which is also an advantage), that will take care of your money and will invest it in stocks, real estate and bonds.

 Philequity Fund, Inc. is a big player, top Mutual Fund in the country that has been performing well with 12.86% 10-year annual return. You can sleep while your money is working for you.


Just a quick sigway, I'm inviting you to join our men's small group mentoring every Thursday at The Coffee Bean/Cafe Aquatica, Promenade, San Juan, Metro Manila. This is the best avenue to meet new people who are in the field of finance, CEO's, and professionals. This is for free!  See you there. 
For those who are interested, please contact me: 09369280089 or shoot me an email: palengkekid@gmail.com...



VUL

 While stocks and mutual funds has been popular investments that Filipinos are engaged in, this is another option that you can choose.

Variable life insurance (or VUL) is a product you can consider if you need both insurance and investment. VUL will give you insurance benefits but it will also have a fund that is being invested according to your objectives, risk profile and other preferences. If there are already people depending on your income, you should get a life insurance policy.

But if your sole objective is purely investing, then this may not be the right instrument for you at this time, because in the first couple of years of your policy, most of your money will actually go toward premium payments. Read more: Mutual Funds, VUL, UITF or Stocks?



 UITF
The main difference between Mutual Fund and UITF is that it is offered by banks, while mutual funds are their own companies. By buying into a UITF, you own units of this fund. By buying into a mutual fund, you own shares and become a shareholder in the mutual fund company. All your earnings are net of tax and fees as represented by the NAVpu (net asset value per unit) for UITFs and NAVps (net asset value per share) for mutual funds. 

 Read more: Mutual Funds, VUL, UITF, or Stocks?


Bonds

What are bonds? Bonds are considered IOUs (‘I owe you’). This is because bonds are debt instruments wherein an investor (you) lends money to a borrower (government or company). There are two general types of bonds – bonds issued by the government (treasury bonds) and those issued by corporations (corporate bonds). 

 Read more: 5 Smart Reasons to invest in Bonds.

Basically, investing in bonds is putting your money with minimal risks. With a volatile market that we have today, this is an option that can work well for you. Other advantages that you can have is that the return is higher than the usual saving account and you will be paid regularly and your money could become liquid as possible.

Getting Insurance Policy

This is the most underrated but one of the most important investments especially if there are already people depending on you. It is very important to ensure proper protection. You need an income replacement for example something will happen to you ,we don't know what is ahead of us and it is wise to be always prepared. All insurance is renewable in terms. 

The type only differs on how you pay them, whole life, variable, universal, etc...So choose the most affordable that you gives more value to your money and you will not struggle paying for it. The most important is that you can pay it consistently.

I got a call from my friend who was very happy receiving almost a Million because he did not expect about it that the insurance he got years ago when he starts young has gone matured. It is always an advantage to start young because you will pay cheaper.

Although I prefer to talk to a Registered Financial Planner who doesn't have bias in providing with insurance policies, it is wise to shop around and talk to insurance agents on any policies that you can compare with and will fit your needs.




 Do you want to learn how to become a Successful Investor? 

  Subscribe to my blog for free: 
                

 You can also join our community group in Facebook :
   

 You can also follow our Facebook Page:

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October 26, 2016

Choosing the Most Secure Cross Border Payment Provider for Your Business

7:31 PM  ,  No comments


Christopher Jan Benetiz

For businesses, the Internet serves as the gateway to reaching new markets. You have access to localization services, geo-targeted advertising, worldwide shipping, and all the other services that make international marketing possible. There are also online tools and resources you can use to study foreign markets before you dive in.

However, the availability of these services does not make running an international business any simpler. Cross-border payments, for example, present several challenges that business owners must face such as the added cost of international transfers, the complexity of managing several foreign accounts at once, and the security risks involved with holding money internationally as opposed to maintaining a single domestic account.

As a startup or entrepreneur, you want to ensure that receiving money from clients and customers is as seamless and secure as possible to ensure that you can get your hands on their payment without any troubles.

To help you choose the best cross-border payment service for your business, here are some of the critical factors you should consider:

1. Cost

Here’s the deal – cross-border payments can be expensive. Payment service providers can be manageable and somewhat sustainable, but they may result in substantial losses in the long-term.
As a business, you should always prioritize cost-effectiveness when considering services you would like to avail. Aside from the cost of setting up, also look at other charges such as transaction fees, conversion fees, withdrawal fees, and so on. Keep in mind that these charges vary greatly depending on the company you choose.

When it comes to cost, one of the most economical options would be Payoneer – a cross border payments solution which offers global receiving accounts, and allows you to get paid from online marketplaces and direct clients with their billing service solution. Payoneer is much more affordable than the more well-known PayPal option. That said, it is a good idea to check out capabilities of Payoneer to see if it is a good fit for your business.

2. Time to Receive


                                                      Image by Foto-Rabe at Pixabay

Reliability is critical when it comes to payment systems. After all, you are basically putting your company's finances in the hands of another company. Even the slightest delays may cause administrative problems in your business or tarnish your brand's reputation if a customer waits too long for a transaction.

That is why it is important to check for any policies that involve holding periods and other expected delays with fund transfers. For example, PayPal has a policy of holding the funds of new accounts for 60 days while further withdrawals take 3-5 business days. You may instantly transfer the money to your bank account, but you will incur additional charges in doing so.

Aside from existing policies, also check if a service is prone to crashing and unexpected delays. These are far worse since they could come at the most inconvenient times. Moreover, for this, your best bet is to check around for customer feedback and reviews. As a rule of thumb, don't trust too much on new companies with little to no feedback, reviews, and testimonials.

3. Security

Of course, safety is a big issue when it comes to online payments. Make sure the payment service provider of your choice complies with the PCI DSS or Payment Card Industry Data Security Standard, which ensures security for credit card transactions. There are also payment companies that offer additional protection against fraud for both sellers and buyers.

Bear in mind that it is entirely possible to encounter dubious claims and chargebacks from shady customers that aim to scam businesses. Although there are refund policies that help protect the buyer, it should not be such a fast and easy process that the business cannot react to counter fraudulent claims.

Additionally, the payment service provider should commit to investigating each claim and allow the seller to offer evidence of a completed transaction. This includes proof of shipment or proof of delivery. To acquire these documents, make sure you use a shipping service that offers online delivery tracking. Once you have proof, there should be an extremely low chance for the fraudulent claim to pull through.

4. Ways to Access the Funds


                                                            Image by TBIT at Pixabay

When choosing a payment platform, make sure it is easy for you to access your funds through the payment company's site. Consider checking a site's interface first in reviews or with a free account to see if the interface suits your preferences. Also, check how online transfers work and see if they support wire transfers, credit cards, e-wallets, checks, or any other payout solution you might use.
Some payment service providers also include additional accessibility features such as multilingual support, third-party app integration, and simplified currency conversions. Also, check if a company has a mobile app so you can manage your funds from anywhere.

5. Platform Compatibility

Last but not least, you should ensure the payment service provider is completely compatible with any external software, platform, or service you are using.

For example, Shopify as your e-commerce platform support multiple international payment gateways, allowing your customers to complete transactions with just a few clicks of a button. For online shops that are run using a different platform, you need to make sure that you choose a payment gateway that it supports to avoid getting problems with receiving payments from customers. Worst case scenario is that your chosen payment gateway is not supported by your platform. If this occurs, you may have to choose a different payment gateway because transitioning from an e-commerce platfom to another is much more inconvenient.

To check the compatibility of payment services with a given platform, only test the platform's main website or contact their customer support. Take note that this is also an opportunity for you to test the dependability of their customer service, which is crucial if you need help managing your money on the internet.

Conclusion (and what you need to do)

In the age of globalization, it is important for businesses to establish a reliable system for making cross-border payments. This is a component of providing a seamless experience for you and your clients. Lastly, remember that it is a critical business decision that can affect how you run your company from this point moving forward.

To make it much easier for your end, search for comparison charts like this one from FormStack that pit different payment gateways to the test. The payment gateways are tested by referring to the criteria mentioned above and more to provide you a glimpse on how they work. Determining the factors from the chart that you prioritize the most as a business owner will help you find the best payment gateway for you. Also, it helps that you test out the service provider first to see if it does live up to its reputation as explained in the comparison chart.

If you feel comparison charts are not as comprehensive, then in-depth reviews of the payment gateway ought to do the trick. Once you have found a payment gateway to your liking, you can search for full-blown reviews of its services to help you further weigh if it is worth you time to use it. Aggregate review sites like TrustPilot and G2 Crowd are great places to start because they collect objective and unbiased reviews from different users to supply you with all the information you need to make your decision.

Ultimately, you will have to get your hands on your payment gateway of choice to truly see if it does the things as advertised for your business. Most of the time, assuming that you have done your research, you will be able to use your chosen payment gateway without problems. If you were not able to research hard enough for your chosen service provider, then expect problems to pop up while using it.

Choosing your payment gateway is serious business, especially if you are truly serious about yours. By following the guidelines and tips mentioned in this post, you should be able to run your business with a secure and convenience payment gateway for you and your clients.

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October 24, 2016

Here's the Perfect Way to Move on - 5 Quick Tips to Avoid Getting Broke After Break-up

11:23 PM  ,  No comments






It is almost December and you may spend and celebrate Christmas eve alone listening to that song: 

 "Pasko na naman, ngunit wala ka pa, hanggang kailan kaya ako maghihintay sa iyo". 

Ouch!

Kuya naman eh! You made me sad na talaga... 

 My 18 year old cousin told me. That was our conversation last year. She was hurt and crying, but now, she was perfectly fine. My advise for her  worked well and would work for you too...
Are you going through a tough time? You better read this!
Being the "kuya" and a usual relationship adviser as what they call me, I have an opportunity to talk to teenagers and have guided them on certain issues in their lives. Our world has changed so fast and also these millennials. However, going through a relationship storm is not  just a 2016 thing. We experienced break-ups and have individual stories. I don't know yours but mine was a sad one. That's why "hugot'' lines are very popular nowadays. 
I watched the trailer of Camp Sawi, a movie that was already shown in cinemas just this year with big celebrities like Andi Eigenman, Sam Milby, Bella Padilla... I love watching Pinoy movies and oh! this movie is so appealing and interesting. What I've learned in this movie is that people sometimes go crazy when heart-broken. 

Hay buhay...

Pag-ibig talaga!




I believe that our finances and our emotions go together hand in hand. It goes without saying that when we are experiencing tough times, we have to be responsible to closely watch our life. I crafted 5 helpful tips for all millennials. Applying these things will save you from getting into another problem and will have you avoid messing up your finances.


1. You can't make things right by spending more. 


Nagmahal, Nasaktan,_________________.


A. nangutang, nagtravel...


B. Naglasing, naubos ang sahod, nangutang na naman...


C. Nasaktan ulit, nagresign, naubos ang ipon...


D. Nagmukmok, nawalan ng pag-asa, nabaon sa utang...



These are just common scenarios that can happen when you are in this situation. Bes, dahan2x lang. As much as I would like you to move on and unwind, I also want you to spend less. We are often enticed to think of these places; Boracay, Palawan, Macau, Japan, Singapore...Remember, these places has a price tag.

It's even a bigger problem if the money you would use to travel is a borrowed money from friends. Now you are in double jeopardy!

In an article from Daily Mail Online Why a broken heart can break the bank: Women who shop after a failed relationship spend more than any other time , Researchers studied how women spend when their emotions change, most expensive shopping trips were recorded after relationship break-ups,  and boredom, window shopping and browsing online also cause overspends. 

Going shopping after suffering from heartbreak is bad for your bank balance, a study has revealed. Researchers found that women who head to the shops to cheer themselves up after calling time on their relationship spend more money than on any other shopping trip.


Life goes on and the best inner healing you can get is to face the problem and have a reason to be happy in little ways. It is not the end of the world though.

 Think of some activities that you can spend less like learning how to earn in blogging, enroll in kick-boxing or other sports, or join charity works. I'm amazed that there are many great avenues that we can do at a very low cost. For instance, there are lot of books that you can read online for free. I'm a heavy user of social media and I'm taking advantage on it to read more and learn more. If you can see my facebook timeline, it is literally an online library. Now, I take interest in foreign exchange, digital marketing, seo, and blogging. Life is fun when you're learning new things.

2. Dont go broke just because you are broken-hearted.


Being in this situation is a "making" or "breaking" stage in your life. It is an opportunity for you to shape you from the inside out or it will drag you down. My friend says that when she becomes lonely and feels alone, she tends to eat more and shop more, sometimes uncontrolled. Now she gained so much weight and resented because of that past break-up.

 This could be so true. Our impulsiveness is complimented with our current state of mind and our decision-making. When we're hurt, what we care is only to feel good and feel better. 

 Mica Tan is the best example that every millennial today should learn from. She is a great inspiration. She was just a teenager when I started in the stock market and "she has been the talk of the town". Her successes are beyond her inspiring story. She's just simply amazing!

  She's already trading stocks at the age of eight and now one of the youngest multi-millionaires in the country. She is one of the most beautiful faces in the finance world.I wrote an article about her in my previous blog: 8 Smart Head-turners of Philippine Stock Exchange. 





Would you believe that she was struggling emotionally  before?


 This 24 years-old Alpha Female was a broken-hearted girl but she made it as an inspiration to develop all the more and took advantage of the situation she's going through. She turns it in her favor.

Her response was unconventional. She endured her emotional stage through axing her skills in finance, she engaged in entrepreneurship and started  angel investing when she was your age.

You can watch the full interview from Wise Cash Mica Tan: "From Broken-hearted to Super Millionaire" to see more of her story on the interview at 25:55 of this video.




3. You have more perks being single.

In my previous blog, I wrote an article Awesome Perks of Being Single.  If you are just a teenager or a young professional, think of something that you will grow and stretch yourself to the next level-one step away from your comfort zone.

 5 years ago, I decided to invest in my financial life and I'm almost on my goal. That time I told myself to earn my first Million at least before going 30 and humbly speaking, I'm almost there. I'm already wrapping up my list to end my year with good hits. I knew in my heart that it's not all about money,  accomplishing a goal is another story.
Speaking about Perks, this time can be the best time of your life. Ask me why!

 - You can budget your money well.

 - You can decide for yourself quickly.

 - You can be independent in what you do.

 -You can get rich earlier.

 - You can be your own INSPIRATION!

Just a quick sigway, I'm inviting you to join our men's small group mentoring every Thursday at The Coffee Bean/Cafe Aquatica, Promenade, San Juan, Metro Manila. This is the best avenue to meet new people who are in the field of finance, CEO's, and professionals. This is for free!  See you there. 

 For those who are interested, please contact me: 09369280089 or shoot me an email: palengkekid@gmail.com...




4. Always spend within your means.


Dealing with a break up is scary and confusing. When we're heartbroken, we tend to make not-so-great-decisions: drinking too much, hooking up with strangers, blaming ourselves, or doing other crazy things. The good news is that we can learn from these mistakes! And even though breakups are never easy, they can be more or less painful depending on how we handle them. 

 Always spend within your means and appreciate every little things. In this way, you can easily avoid emotional and uncontrolled buying habit.

I crowd-source an answer to my friends and colleagues on this question, "What do you spend for after break-up?" Some of them gave surprising answers:








































5. Don't mess with your wallet.  It might also break-up with you.


I tried to search in google to look for relevant information and facts about advise to move-on in a relationship prudently, but all I can see were all tied up to spending.

Our nature is always a spender and if we will not be paying much attention to it, we may be doing things that are leading to uncontrolled spending habit. Worst case, it is always a wolf in sheep's clothing. We don't usually see the destructive effect at first and we will realize it in the latter part.

 If I'm going to rate the top 5 things that can make you broke while you are going through tough times; these are impulsive buying, unplanned travels, borrowing to shop more, neglecting your budget, and engaging in excessive hang-outs.


I hope that you can move on with this process and look at it as part of your growth. I pray and hope that the conclusion of your life as you move on will be like this:

 "Nagmahal, Nasaktan, Nag-ipon, Nag-invest"




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October 20, 2016

The Billionaire's Way:Why Simplicity is the New Trend?

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source:the social network

I love watching documentaries and biographies of those successful people in the world, from sports to the business world. There are so much to learn from them and once you know them further, you will admire them all the more. I read an article before about 100 Worst Dressed Successful Personalities and strikingly on the top of the list are famous personalities like Facebook Founder Mark Zuckerberg, Apple Founder Steve Jobs, The Greatest Investor Warren Buffet, and Albert Einstein to name a few of them.




With these type of highly successful personalities, I observed that  they have something in common. They wear the same clothes everyday not only that but with same color. Is this the trend today?

 Facebook Founder and the youngest Billionaire said that he is wearing the same gray shirt since he founded Facebook. I asked myself, Is this the secret ingredient on the success of these people? How's that possible? 




To look for justice and fair judgement, I made a research from different sources and found out why these people deviate the fashion norm of the society.

 Here are the fascinating facts that make their lives so interesting both private and public. It confirms why they are so successful.


1. Iconic.

For me, wearing same kind of shirt everyday is a form of strong branding. This is the reason why characters in picture books never change their clothes: Children—like adults, if they’d only admit it—crave continuity. Being stylish for them is obsolete. Even Superman is wearing the same outfit everyday, right?

 These type of people don't conform to the pattern of how everybody should wear. They don't even care how they look because for them what they are wearing is not what matters most. There are more important things to do, to change the world!




The 31-year-old explained this during his first public question and answer session in 2014 when an audience member asked why his outfits never changed. “I really want to clear my life to make it so that I have to make as few decisions as possible about anything except how to best serve this community,” said Zuckerberg.

“I'm in this really lucky position, where I get to wake up every day and help serve more than a billion people. And I feel like I'm not doing my job if I spend any of my energy on things that are silly or frivolous about my life.”

Kaya naman pala... So, if you're noticing someone who wears same shirts 3 times a week, kabahan ka na.. He might be the next Mark Zuckerberg!


2. Less Expense.

Most of the highly successful people in the world are living a very prudent life. Time is  money and looking what to wear would take much of your time. We waste so many precious moments concerning ourselves with frivolous details. An outfit will not change the world, it probably won’t even change your day. This is not to say that fashion isn’t important, as it has an immense impact on culture and, in turn, the direction of society. 

Albert Einstein reportedly bought several variations of the same gray suit so that he wouldn’t have to waste time deciding what to wear each morning. He decided to make life easier by adopting a monotonous wardrobe.




3. Make Life Simple to be more productive.


Why do they do this? To lessen decision fatigue, a real condition where you become overloaded with so many pointless decisions that your productivity ends up falling off a cliff. You spend so long wasting precious mental energy on  distractions – such as what to wear or what to eat – that you stop being able to do your job properly. You become paralyzed with choice. You start making bad decisions and exercising poor self-control until you end up less productive. 




4. Less is More. 

When I started to see successful people wearing the same thing every day, I realized they were part of the movement I belong to, where less is more. Implementing that mindset is critical to reaching financial independence. 

Well in my case, I already applied this long before. Sometimes, when you are doing something incredible, wearing a simple outfit is enough. 

source:the social network




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