One thing that differentiates a successful person and someone who is not, is having a PLAN. In this episode we will dive closer to the term Financial Planning. Financial Planning is such an important process that could help you achieve your financial goals. You are creating the very blueprint to your financial life. It will…
Hi and welcome to a new Reader Question post. I try to do this kind of post once or twice a month to give way to inquiries I receive on my personal Facebook account, the SavingsPinay PH on Facebook and through SavingsPinay PH on Instagram. I do encourage you to send any budget, savings, investment…
In finance, diversification is the process of allocating capital in a way that reduces the exposure to any particular asset or risk. The aim of diversification is to help an investor maximize returns by investing in various areas that would react differently to the changing movement of the economy. Diversification never guarantees that your investments…
Knowing your net worth is one of the crucial steps you should to determine your financial situation. Net worth, just like investing, may seem like a foreign word for some. You most likely only hear it on celebrities or politicians. But, we all have our net worth and we all must become aware what our…
In today’s post I will share with you what’s inside my money map for 2021 or how I organize my finances as a whole. This post is an update from the previous post I made here. A money map is basically a visual representation of where your money goes. You can use apps to create…
Over the years, I have received emails from colleagues and readers asking how they can invest their money for the first time. Investing is a big financial move. And it can be pretty scary especially for first timers. The day I decided to make my first investment, I wasn’t really sure what I was doing….
Have you ever thought of starting a business through franchising? A franchise is a form of contract arrangement between you and another established business called the franchisor. You, as the franchisee, enter in an agreement to offer the goods and services of the franchisor with the applicable fees. Franchising is a form of business model…
Welcome to another net worth update of 2021, the February 2021 Net Worth update. How are you doing? If you’re new to SavingsPinay, you may be wondering why I post my net worth update every month. If you’re not you can easily skip to the next section. The main reason why I do net worth…
Start a side hustle today and you will never have to worry about tomorrow. I talk a lot about extra income here in SavingsPinay. I am a hustler myself and I’ve done different things to make money on the side during college student and even now that I already have a full-time job. Hustling part-time…
Welcome to the very first net worth update of 2021, the January 2021 Net Worth update. How are you doing? If you’re new to SavingsPinay, you may be wondering why I post my net worth update every month. If you’re not you can easily skip to the next section. The main reason why I do…