5 Reasons Why You Can’t Stick to Your Budget and How to Fix It

Do you have difficulty starting on a budget? Or if you have already prepared your budget, are you having difficulty sticking to it? Perhaps you are plagued by one or more of the common reasons why a budget is not working for you. Good news is, there’s a way to fix them.

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Dream Job vs High-Paying Job

Can you remember what your dream was when you were young? Did you want to become a doctor, an engineer or a movie star? What are you doing right now? Are you doing your dream job or did you settle for a job that is more financially rewarding? Continue reading Dream Job vs High-Paying Job

Common Sense Financial Advice That People Don’t Follow

Money has always been a top source of stress for most people.  If not addressed, debt and worrying about money can lead to serious physical, emotional and even relationship problems.

How to solve money problems then?  There are tons of financial advice that people probably already heard or read about.  In fact, most of these advices are simply common sense yet one the greatest mysteries about life is that no one really follows them.  It looks so easy to do but for most people, it is very difficult to follow. Continue reading Common Sense Financial Advice That People Don’t Follow

Ways to Reduce Your Monthly Expenses

People who have a 9-5 job are familiar with the highs and lows of the financial tide on a monthly basis. First, you start off feeling rather ‘rich’ after getting your salary. Then as you use it up, you start feeling poorer and poorer, your wallet getting emptier as the days go by until it gets filled up again when you receive your salary. Continue reading Ways to Reduce Your Monthly Expenses

Do you Consider Yourself Successful?

Society has defined success as the attainment of wealth, status and fame. Do you agree with this definition? Using this definition, persons like a CEO of a company, a multi-millionaire, a head of state and a popular actor are all considered successful. But how about a housewife? A skilled carpenter? A public school teacher? Do you still consider these people successful? How about yourself? How do you see yourself? Do you qualify under society’s definition of a “successful” person?

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Advice from The Richest Man in Babylon

You have been working very hard all your life. Yet, you found yourself in the same financial situation over and over again. Your income is barely enough to cover your basic needs. You are trapped in the rat race. You often wonder, what is it that you have been doing wrong? How come there are some people who are getting richer and richer by the day while you who had been working very hard is getting nowhere?

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Signs that You are Ready to Invest

You are tired of working for money. You have finally decided to slowly build your wealth through passive income and let money work for you. The question now is are you ready to invest?

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Do You Work for Money or Do You Let Money Work for You?

An income is the money that you received from work or from your investments. Without income, you will not be able to pay for your living expenses.

There are two types of income: active and passive income. Continue reading Do You Work for Money or Do You Let Money Work for You?

Make Compound Interest Your BFF Not Your Worst Enemy

Compound interest can either be your best friend or your worst enemy.  It all depends on how you use it.  You can either gain from it or you can loose a lot because of it.  Your life can be much better or much worse than you already have.  It’s your choice.

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10 Warning Signs that You are Living Beyond Your Means

To live beyond your means simply means that you are spending more than what you can afford. Statistics show that a great majority of employees nowadays are living from paycheck to paycheck without any kind of financial cushion. While we all deserve to spend our hard earned income, spending beyond our earnings and racking up debt in the process is a recipe for financial disaster.

To live beyond your means is to spend more than you earn.

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How Financial Literacy Can Change Your Life

Are you constantly worried about money?  Are you struggling to meet debt obligations?  Do you feel that your salary is not enough to cover your monthly expenses?  Are your financial worries so stressful that they are already gravely affecting all aspects of your life including your health and personal relationships?

Continue reading How Financial Literacy Can Change Your Life

Where Does Your Money Go?

You are not buying anything lavish.  You don’t eat at upscale restaurants.  You don’t have the latest gadgets. You don’t even drive a fancy car.  So, where does your money go?

Continue reading Where Does Your Money Go?