Tuesday, January 26th, 2010 at
11:41 am
As mentioned in my post: Manage your finances to get ready for your first real estate deal, I was able to conquer feelings of frustration and continue on my quest for financial freedom when I attended Bo Sanchez’ How to become Truly Rich Seminar last July 21, 2007. How time flies, that was more than 2 years ago!
If you haven’t attended what I refer to as a “life changing” seminar, this is your chance! This is the same seminar that has helped me get ready for abundance by establishing a solid foundation when it comes to managing finances and correct myths about money that were pulling me down. Please continue reading to learn more. Read the rest of this entry
Wednesday, October 21st, 2009 at
10:43 pm
The following is an open letter to all OFW’s by one of my mentors, Trace Trajano, bestselling author of “Think Rich Quick” and a wealth coach to his students around the world, including myself. Just like my article “To all OFW’s: Need To Earn Passive Income And Come Back Home For Good? Try Foreclosed Property Investing!“, I hope this inspires you to act and pursue financial freedom and become truly wealthy.
Posted by Trace Trajano on October 16, 2009 at 9:14am
Kumusta na kabayan!
First, I would like to thank you for being an OFW. My dad used to be an OFW and I know the many sacrifices you are enduring right now just so that you can provide the best for your family. I admire you, I appreciate you and in my book, you are a true Pinoy hero. Read the rest of this entry
Tuesday, August 25th, 2009 at
12:42 am
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. For now, I’ll just focus on how I track my expenses. This is not rocket science. I only need to record exactly where my money is going, particularly my cash on hand. Based on experience, this is where my money gets “lost”.
How many times have you wondered where your money went when it was still more than a week to go before payday?! Have you ever tried but failed to remember exactly where you spent your money? Get my point?!
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Monday, August 10th, 2009 at
1:47 am
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 Truly Rich” seminar of Bo Sanchez and the “Money Jars” that were mentioned in T. Harv Eker’s Millionaire Mind Intensive program broke the camel’s back as that was the turning point in my quest to manage my finances.
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Monday, August 3rd, 2009 at
7:33 am
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? I believe that the starting point is to get it from your savings, which you get from managing your personal finances well.
When you always have savings available for investment, you can grab opportunities as they arise. Remember: great deals and opportunities may come anytime, and you don’t want to miss out on such opportunities because you simply don’t have enough cash on hand for downpayments, and/or have little chance of getting bank financing approved. Come to think of it, how can you expect to manage the cashflow from your properties (when you already have them) if you can’t even manage your own personal finances? Read the rest of this entry
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