Financial literacy

*I have turned this into a sticky post for new visitors. I was supposed to finish writing my “Goodbye and thank you to 2010, Hello 2011…” post, but ended up with this list of the best “How to” articles from Foreclosure Investing Philippines during the year that passed. After all, FIP is so much more [...]

In a recent post where I tackled the frequently asked question: “Are foreclosed properties good deals?”, I mentioned that financial literacy is a prerequisite to real estate investing, and with good reason. I believe that the lack of financial literacy will certainly lead to financial failure! Sometimes we need to fail but not like this! [...]

It depends! Obviously not all foreclosed properties are good deals. It’s common sense that not all properties are good investments, foreclosed or otherwise, you don’t need to be a real estate investing guru to know this. However, based on the number of times I’ve either heard people ask or get asked this very same question, [...]

Update as of June 2, 2011 – After much thought, I have decided to leave Trace Trajano‘s local coaching program and my role as one of the local coaches. I would also like to inform everyone that I am not part of Trace’s other programs. For those who don’t know, I was once a student of [...]

This is the third part of a series on Managing Finances. If you have not read the first 2 parts, head on over to Part 1 and Part 2! In part 2 of my series of posts on managing finances, I mentioned that I would be discussing more about how I tracked my expenses and the tools I used to do these. [...]

This is Part 2 of a series on Managing Finances. If you have not read the first part, head on over to Part 1. You can also go to Part 3 later! In part 1 of this series about managing finances to get ready for real estate investing, I mentioned that the learnings that I got from the “How To Become [...]

This is Part 1 of a series on Managing Finances. After reading, don’t forget to read Part 2 and Part 3! One of the biggest stumbling blocks for beginning real estate investors is that you realize that you have little or no money to invest. The big question is “Where do I get the money for investment?” [...]

As we celebrate fathers’ day today, I would like to greet  rich dads and soon-to-be rich dads out there “Happy Fathers’ Day!”. I also can’t help but think about the obvious impact fathers have on all aspects of  the lives of their children, especially when it comes to the financial aspect. Let me explain further [...]

“Are you always sending BALIK BAYAN boxes every month or every payday, year after year? Are you working your head off having 2-3 jobs to just earn enough for you and be able to send money home? What if you can make your money work for you! Instead of getting 2-3 jobs, you teach how [...]