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Tuesday, August 16, 2011

Is It Possible to Have Savings?

If there’s a will, there’s a way! Savings is always possible.  There are people who earn just minimum wage but able to open a bank account and save part of their salary for future funds.  Others invest it to their sari-sari store (a.k.a. “mini-grocery” store) and earn profit. 

Sadly, there are others who earn Php20,000 and above, (and also those who earn PhpXXX,000!), who are single and having the prime of their lives, but are buried in debt and never even get to save even just an insy-bitsy-weeny-portion of their monthly salary.

Saturday, August 13, 2011

How to Make Your Php500 into Php500,000

Let me speak to you using a language that I dearly love: Mathematics. Smile Promise! This will just be an easy one.  This blog post will just involve basic numerical computations which we know by heart.

*winks*  Flirt male

For the past week, I have learned about different investment vehicles and one of them is mutual fund investment.  I also stumbled on what Albert Einstein referred to as the greatest magic in the world.  Janjaraaaan…. *drum roll please* It is called compound interest.
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