If your parents are getting ready for retirement, you can help them by cleaning out the house and getting them prepared for this next stage in their life. This is the time to make sure the home is safe for them as they age, and you can help make it more handicapped-friendly. Taking the right […]
10 Debt Management Tips to Keep in Mind
While working on this post, I’ll give you permission to picture me on my computer thinking about Rebecca Bloomwood, the female protagonist in the movie Confessions of a Shopaholic, and her addiction to impulse shopping. It’s cool to look good every time, but having to purchase everything on credit, especially on a whim, is way […]
The Debt Dilemma
You probably have wondered why I don’t talk about debt and getting out of debt in more detail. The reason: I don’t have a lot of experience tackling debt. Except for the mortgage on our house (which is a 20-year mortgage), I’m virtually debt-free. I don’t have credit card debt. (I would be gloriously pissed […]
What To Do With Bonus Money
For some lucky fellows, February may come in as bonus month. And some of these lucky ones might already be envisioning a vacation, a week of fun and entertainment, a house renovation, an iPad 4S or some other high-ticket item. While these are valid and acceptable ways to spend your bonus, my friendly advice is […]
Your Debt and Debt Consolidation
In previous posts, I’ve stressed again and again to always pay off your credit card debt in full and on time and to stay away from bad debt, credit card debt being one of them. But what happens when paying off credit card debt becomes a task so insurmountable? What are a debtor’s options? One of […]
Budget 101: Stay Away From Bad Debt
In Budget 101: Pay Yourself First, we tackled how paying oneself first after receipt of every paycheck is tantamount to setting aside a specific percentage of one’s salary before expenses are taken into consideration. In Budget 101: Live Within Your Means, we defined means as income inclusive of savings, and in Budget 101: Learn To […]
Problem with a Relative Owing You Money and Not Paying You Back?
People, generally speaking, value relationships, especially rewarding and symbiotic relationships. In facilitating this form of relationship, Filipinos are widely known for a trait called pakikisama. And just like anything of value, pakikisama has two faces, the good side and the abused side. What if out of pakikisama – or sheer generosity, for that matter – […]