Archive for the ‘Finance and Investments’ Category:
To pass a Licensure Examination is a big thing and to think that our exam was only a portion of what Architects, Engineers, Doctors and Lawyers took during their licensure exams. My renewed confidence to these profession for all their hard work.
Now, my batch mates from the review class, will be having our own victory celebration. After all the difficult, back-breaking review, it’s time to celebrate! Wines will pour out and cigars will be lit. Time to mingle and renew our network for our new profession.
While the real estate environment is still on the rise and investors still have the trust and confidence in our economy, I pray that this endeavor of mine will be a successful one.
I used to be a life insurance agent but ironically, my husband does not believe in that kind of investment… to my dismay However, after hearing Bo Sanchez’ seminar of “How to Become Truly Rich” —which he teaches the basics of investment. I was enlightened. He mentioned that as long as you have the right investment – be it stock market, trust funds, real estate–and you know that it will make your family live a comfortable life even when you are gone, you do not a life insurance. Although he is not saying that life insurance is not good– that’s not the message at all. The logic is insurance is a type of investment therefore if you have covered yourself with the right investment, you can do without the life insurance. On my part, I was just trying to justify my hubby’s decision not get one for himself.
Bo Sanchez even mentioned that if you really want a life insurance, a term-life insurance will probably work best for you. That way you won’t have to pay a life time.Term insurance, as the name implies, is designed to have a coverage for a specific length of time.
Hmmm??? I’ll probably consider getting one for us. I wish I can check
brand equote for that. But here in the Philippines, I’ll probably need to get in touch with my friends who are insurance agents.
Just recently, I made another major decision which I hope will not fulfill me personally but help my husband in our finances. I am now part of Alveo Land (an Ayala Land Company) sales force.
Sales??? Yes, it’s a new environment for me. Being a trainer, they tell me I have the edge in which I reply, “Yes, probably in terms of presenting the product but to convince people to buy is another thing.” I am very positive in this new venture of mine. I believe that as ling as work hard, I shall soon reap the fruits of my hard work… and that is what I am doing right now… Planting seeds.
Selling real estate property is not only all about commissions, I believe that I am here to help people find their home and make good use of their money through a very good investment.
I have seen people beautify their houses by placing all kinds of lovely stuff, nice paintings, lovely decor and even buyinghunter outdoor ceiling fans, but at the end of the day, if it’s not yours and you are just throwing away money. Let’s not look far, I am guilty of that. That’s why I am working hard to help in the finances so we can soon fulfill our dream of owning a property. With God’s grace, everything will fall into place.
This month, I am giving up two of my business, in which I am a partner, to give my full attention to my new business.
Out with the old, in with the new….
I finally got my business permit yesterday, it’s under my name and now I cant truly that I am a certified entrepreneur. A good way to start the year!
I just hope and pray that this will be a successful venture. I have tried a lot of business, I have failed in some but I will not stop trying.
For this year, I am filled with so much hope. I am summoning all the positive energy in this world to help with this new business venture.
And while at it, I am browsing at Cyber Monday sale, trying to score a great deal for a laptop. teeheeehee…
It’s our third exhibit for our bazaar business and we can already feel the Christmas rush… sales are peaking up and I am so happy. As we countdown the days towards Christmas, more and more shoppers will look for Christmas gifts and of course, to buy things for themselves that means more sales for our bazaar.
We have learned a lot from this experience, and now we are confident about our market and the items that we need to sell as well as the items that are saleable. It was a trial and error thing for us to know what the market wants, but we have learned.
Joining bazaars is a preparation for us to have our own store. I hope that this Christmas season, we will be able to save enough money to fund our rent for own store, that is our ultimate goal. Soon, we’ll have our POS and well be using thermal printers like Epson TM-T88V. I can only dream
Yes, I have ventured into another business, the bazaar business! Together with my sis-in-law, we decided to take the risk knowing that everybody will be rushing to buy stuff for Christmas gift-giving. This is the business I was talking about in my other blog. I couldn’t hush up because of the excitement and finally we are operational. So far, so good! We are expecting sales to peak up some more come December.
As I observe the saleable items, I am amazed. I refuse to think that I am not a trendsetter, it’s just that I have my own fashion statement. But I guess as entrepreneurs, we need to adjust to what the market dictates and not be stubborn about what we thing will sell — that is the first lesson we have learned.
Going around, I am surprised to see items that sell like the trend now are “Angry Birds”, anything about it. I have also funny shirts that spoof brands, couple shirts, and of course, accessories. However, people who have been in the bazaar business tells me that come December, everything sells. Since people love to give during Christmas.
I am praying that this venture will prosper and that even if it’s not Christmas, we will still find the right location to sell our goods.
Ever since I got married, my ultimate dream was to have
my our own house… a house and or a town house perhaps. Being married to an architect, every one probably thinks that would be an easy job but I guess, everything isn’t really easy for me and my hubs.
Hubby and I both grew up from a location that is quite far from the school we go to. At a young age, high school that is, I have to endure the rigors of commuting from Laguna to Manila, where my school is. My routine, obviously was house and school and vice versa. No time to do much lakwatsa, much to the content of my mom With that in mind, we promised not to give that kind of experience to our kids. So even if we can buy those affordable houses in the south or far north of Manila, we are maintaining a rented house here in the Metro so the kids can enjoy more time with their school activities rather than deal with the stress of going through traffic each and everyday of their lives. I guess when you are a parent, you have to really look after what’s good for your children rather than satisfy your own personal dream.
As the years go by, I thing it’s about time to revisit that grand dream of mine and think of being more practical. Nothing bad with that. With the property boom, there are a lot of condominiums around our vicinity and even if I am not really a “condo girl”, I have to adjust a bit. It’s just a matter of mindset, dontchathink Hubby keeps telling me that I am the only who refuses to take a look a condominiums. Okay fine, I shall open my mind and prepare myself. That wouldn’t be hard. It’s not like their stealing my dreams away…. It’s more of tweaking it a bit.
This would probably end my emotional roller coaster ride. The stress of trying to find the perfect house, that fits our budget has really given me a lot anxiety like casters attached to my computer chair, I feel like I can swivel, go forward, sideward but in the end I go back to where I started. House hunting can be draining at times.
So if my family is happy with a condo, then condo it shall be Good luck to us!
I just came home from a fruitful but tiring tripping with hubby and my boy — who wanted tag along, in search for an office space. Yup, an office space for my hubby. It’s been ten months since he started his own architectural practice and now it’s about time to expand a little, so finding his own office is already a must. It’s exciting but at the same time there’s a hint of fret of what the future has in store for this new business venture. But we are very much optimistic with all the prospects at hand and with God’s grace, I know hubby will be a success.
Finding your own space be it your office or your home, is always an exciting experience. After our tripping, both of us sat down and did a brainstorming session for the office look. The decor, lighting, fixture and furniture, everything should have a hint of the owner’s character. Like in your own home, the receiving room or living room is the space where guests can see the owner’s distinctive characteristics.
As to your own space and sanctuary, it is always essential to find a space where you can feel tranquil and lets you express your creativity or your personal ideas. The place you live and work should be something that you look forward to go to everyday, that is why your personal touch is a requirement.
Like in my home, my personal sanctuary is my bedroom. No matter how cluttered the kids are in the other areas of the house, as long as my bedroom is quiet and free of clutter … I always look forward to lying on my bed every single night. Oh, I know the gentlemen have a different perspective… others look forward to spending time inside their entertainment room, or the den or even the garage. I know of some men who loves to hang out at the garage with their male friends. That’s why they make sure that they have their beer fridge there and wants every detail of this space perfect up to the material used as their garage floor coating.
Whether it is your workplace or your home, always find an area where you can have your personal touch, a space you can relax, be creative and will make you feel good
I admit, I am no guru when it comes to credit management. I have gone through the worst in cleaning up my credit cards. It’s a very good lesson but unfortunately I have to learn it the hard way.
So here I am writing, hoping that people might read this and learn a little from my mistakes. Especially those who are just starting to earn the moolah they have worked hard for.
Inflow vs Outflow – One important thing I have learned in order not to drown yourself in debt is to count the money you spend against the money that is coming in. To do that, you need to know how much you are earning daily and spend only that within that range. Better yet, if possible, devour only 80% of what you earn. To make it simple, live within your means.
Know your needs vs your wants - Essentials like food, shelter and clothing are what we need to live everyday. However, we need to discern what we need and what we want. If you happen to love a new style of bag or shoes, check your savings and make sure to purchase it only if you really can. If you can still live without it, might as well shrug off the urge to buy it. Oh, I know it’s not that easy … I can tell from experience but it can be done.
For instance when eating lunch and you crave for coffee, you can settle for a more affordable coffee rather than go for Starbucks. If you compute a cup of Starbucks everyday, that will be approximately P3450 a month (that’s only for a tall size!) Can you imagine the savings you can get? Not that I don’t like Starbucks — I love it! But I only indulge once in a while and when my budget permits it.
Use your credit cards wisely – If possible, make it a habit to purchase on a cash basis. Utilize credit cards for emergency and make sure to pay it in full. If you have the habit of paying only the minimum payment, that surely will land you a lot of trouble. Interest rates will soon catch up with you if you continue to practice this habit. If you are already in this state, work with collections agencies to write off your debts and try to negotiate a reasonable payment arrangement. Although, under the Philippine laws you cannot be imprisoned by unpaid debts but dealing with collectors can be stressful. And if you do not pay your debts, this will surely affect your credit standing.
List down your monthly expenses – Once you have done this list, you can identify the expenses and what budget you can work with. From there, you can discern which you can reduce in order to have a little savings.
Save up for the rainy days – A savings of 20% of your income is ideal. It is important to have money stashed somewhere in cases of emergency. We wouldn’t know when the need arises. Not only does it give us the emergency money it can even be used to avail of a well deserved vacation.
I hope these tips are helpful. Personally, I still struggle everyday to keep my spending only for the essentials but I do fight the urge. I just look at how much money I earn today and only spend as much. If you make it a habit, you can do it.
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Just three weeks ago, we opened another small business venture … finally! It was actually long overdue, the delay caused me a lot of stress.
The first week was quite a dull in terms of sales. The banners and tarpaulin signages announcing our opening came on the second week, and sales shoot up. I guess those signages worked. However, the store still short of the sales target I have set for it. Hmmmm? I need some more marketing strategy…
I thought marketing strategies only applies to big corporations but even how small your business is… you need to have a marketing plan. In my other store, I tried giving out business flyers to announce and let people know where we are located, and it helped boost the sales. I am wondering if it will do the same for this store. There’s only one way to find out…. I shall design the flyers in a while.