Friday, December 27, 2013

My 2014 Goals


In no particular order whatsoever, this is my to-do list for 2014:
  • Reduce mortgage by at least Php100,000.00 (current amount is Php629,406.89)
  • Start a travel fund for our 5th wedding anniversary trip to Italy (goal is Php80,000)
  • Become a registered financial planner
  • Finish a 5k race
  • Finish a 10k race
  • Be more consistent in using social media to promote blogs
And that's that. Nothing like coming up with a short and doable list to start the year right.

Please be nice to all of us 2014! No more Yolandas and Janets thankyouverymuch.

My 2014 Goals


In no particular order whatsoever, this is my to-do list for 2014:
  • Reduce mortgage by at least Php100,000.00 (current amount is Php629,406.89)
  • Start a travel fund for our 5th wedding anniversary trip to Italy (goal is Php80,000)
  • Become a registered financial planner
  • Finish a 5k race
  • Finish a 10k race
  • Be more consistent in using social media to promote blogs
And that's that. Nothing like coming up with a short and doable list to start the year right.

Please be nice to all of us 2014! No more Yolandas and Janets thankyouverymuch.

Thursday, December 26, 2013

Looking Back on My 2013 Financial Resolutions


To be perfectly honest, I almost forgot that I made financial resolutions for 2013 (read post here), but I'm happy to say that despite my forgetfulness, I accomplished all of my resolutions for the year... to some degree.


Here are the resolutions I wrote almost a year ago vis-a-vis my notes on their status:


Looking Back on My 2013 Financial Resolutions


To be perfectly honest, I almost forgot that I made financial resolutions for 2013 (read post here), but I'm happy to say that despite my forgetfulness, I accomplished all of my resolutions for the year... to some degree.

Here are the resolutions I wrote almost a year ago vis-a-vis my notes on their status:

Friday, December 20, 2013

How I Demolished My Credit Card Debt




I've talked in passing about paying off my credit card debt a few years back, but now it's time to get to the nitty-gritty, to spill the details on how I said sayonara to debt once and for all. Let's talk numbers:




  • Number of credit cards = 3

  • Total amount of debt = Php150,000 more or less

  • Total amount paid = Php200,000 more or less

  • Time it took = 5-6 months


How I Demolished My Credit Card Debt


I've talked in passing about paying off my credit card debt a few years back, but now it's time to get to the nitty-gritty, to spill the details on how I said sayonara to debt once and for all. Let's talk numbers:
  • Number of credit cards = 3
  • Total amount of debt = Php150,000 more or less
  • Total amount paid = Php200,000 more or less
  • Time it took = 5-6 months

Wednesday, December 4, 2013

My Financial Blueprint


I read somewhere that 90% of our values are shaped by our environment, with 99% of that 90% shaped by our parents. So you know how the whiners keep pointing to their parents as the source of their misery? They do have a point to some extent, but once you get past a certain age, whining about your lot in life without doing anything to change it will no longer cut it. Suck it up and accept the hand you've been dealt with and then use that as your ground zero to create the life you want.


My financial education was very typical Pinoy, with some minor exceptions. My parents were not born into riches, had to work for a living but enjoyed some perks that they were always thankful and gracious with. They never really lectured us on money or talked about it in passing, unless it was my mom worrying out loud like clockwork on how she was going to come up with the cash to pay our tuition fee, the two mortgages on the house, car payments etc. etc. And although they never said anything, when it comes to money matters, these are what I picked up from my parents.



My Financial Blueprint


I read somewhere that 90% of our values are shaped by our environment, with 99% of that 90% shaped by our parents. So you know how the whiners keep  pointing to their parents as the source of their misery? They do have a point to some extent, but once you get past a certain age, whining about your lot in life without doing anything to change it will no longer cut it. Suck it up and accept the hand you've been dealt with and then use that as your ground zero to create the life you want.

My financial education was very typical Pinoy, with some minor exceptions. My parents were not born into riches, had to work for a living but enjoyed some perks that they were always thankful and gracious with. They never really lectured us on money or talked about it in passing, unless it was my mom worrying out loud like clockwork on how she was going to come up with the cash to pay our tuition fee, the two mortgages on the house, car payments etc. etc.  And although they never said anything, when it comes to money matters, these are what I picked up from my parents.