How to Manage your Finances

I have previously discussed options on where you can put your money. But before jumping into the sea, one should do a financial checkup to determine whether or not you are ready to invest.

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Insurance 101

I have briefly discussed in one of my articles where one should be putting there money (click here to read about it). Second financial vehicle I have mentioned is to have a Variable Life (VL) Insurance for your long-term funds. Long-term funds are usually intended for children's education and for retirement. But before I discuss about Variable Life (VL) Insurance, let me first explain the basics of life insurance.

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Philippine Bank Account Comparisons

As discussed in my previous post, "Where is the best place to put your money?", the first financial vehicle a person should have is a bank account.

Your bank account should be able to shoulder your daily expenses and should also have your stand-by emergency fund. Your emergency fund should be more or less be 3x your monthly salary. The purpose of your emergency fund is for you to be able to sustain your basic needs and lifestyle for 3 months just in case you lose your main source of income.

After knowing the importance of having a bank account, next question is to which bank will you open an account.

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Where is the best place to put your money?

Since I finished college, I have ever since wondered how to be able to effectively save money. But throughout my first 6 years working, I have constantly procrastinated on saving for my future because I was too distracted on other material things that I know I was capable of buying that time.

Until it finally hit me hard when I was finally starting to feel my responsibilities not just towards myself but also to my family. I suddenly felt that the money I earn was just enough to sustain me and my family and I was not able to set aside enough savings for my family's future.

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Franchising Seminar - March 27 to 28, 2014

I have just found out yesterday from a post/ad in Facebook that there will be a FREE franchising seminar to be held in Trinoma Activity center this Thursday and Friday. I have always been seeking for a good business that me and my husband can start on but failed to find one to suit us. So our hunt continues until we find the one.