The Ghost of August

A boy lights a candle in Kajang, Malaysia, on Aug. 17. It is believed that the gates of hell are opened during the Ghost Month and the dead ancestors return to visit their relatives.

Guest post by Edmund Lao

If the Americans have Halloween, the Chinese have the Ghost Month. In the Chinese culture, the fifteenth day of the seventh month in the lunar calendar is called Ghost Day and the seventh month in general is regarded as the Ghost Month, where ghosts and spirits, including those of the deceased ancestors, come out from the lower realm. This is the counterpart of


It is the Chinese belief that the ghosts and the suffering spirits come out from the hell to visit their homes during the 7th lunar month (the ghost month), many things should be avoided during this month including the ghost day: A lot of Chinese refrain from investing, creating new businesses, or even getting married as they may encounter bad luck along the way.

Even the world of investing is not immune to the effect of the Ghost month. Historically, stock prices fall down during this month as investors lock in their profit and wait for the Ghost Month to leave. There are also newbie investors who join the herd and redeem at a loss just to avoid losing more when the market goes down.

Here are some beliefs:



Do not buy property or make renovations. It is believed that major transactions involving land should not be done during this time, and that renovations should be delayed so as not to disrupt the spirits. There are people who delay buying until the month is over and the problem is there might be an opportunity lost. If the person really likes that property, the best solution is to leave an earnest money to the owner and pay in full when the feared month is over. With regards to renovations, it may be scheduled depending on the degree of priorities of the job.



Don’t sign a contract.

It is said that ghost month can doom contracts signed at that month. It one is uncomfortable, he may postpone it for another date. If you have no choice but to sign, make sure you have studied the contract thoroughly. One must also make sure to research the other party very well before signing the contract.




Do not travel. Travel during the ghost month is discouraged specially at night so as to avoid accidents. This can be one of the reasons there are less leisure travellers during this time. Since there is low demand, ticket and hotel prices are at a low. If you are not that superstitious, you may take advantage of the bargain price to have your vacation.



Do not invest. A lot of Chinese has this fear of the unknown which drives people to act based on superstitious beliefs.  Fear causes investors to stay on the side until the ghost month ends.  It is the same fear that keeps them from investing in the market. This often leads to lost opportunities. Actually the fear of losing an opportunity must be greater than an unknown fear. Ghosts cannot affect our financial goals. They only affect our emotion. Whether Ghost month or not, just keep on investing.



Don’t have major surgery. It is said that major surgeries should not be held at this time, since the hungry ghosts can interfere and lead to more health problems.  Surgeries that are not that critical can be delayed if the patient is superstitious. However, if the patient is in a critical condition and needs a major surgery, it is foolish to delay as it may cause death or even higher medical bills which can drain one’s pocket.


Here is a final thought. If you’re thinking of taking a risk, you may want to minimize it by covering your bases. Also, make sure that you are diversified so that you are not exposed to a single particular risk.  .

Also, do not forget to protect yourself against unforeseen event and risk with insurance. Whether Ghost month or not, you are sure that you will have a financially healthy life




Edmund Lao is a Registered Financial Planner who has a passion to help Filipinos invest and right way and avoid being scammed.

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Filed under Abundance, Be Careful, Finance Talk

Abandoning the Middle Class Mindset


By: Dave Monter, RFP – Wealth Coach


The middle class are just comfortable of where they are right now in terms of their finances.

Yes, I did just say that. I hate to break it to you but if you want to be rich, you just don’t settle for what’s comfortable. You go higher than that, you go for extremely comfortable. I get the feeling that some, if not most of you, will have a negative or uncomfortable feeling towards what I’m writing right now. You might say, “Shouldn’t I be contented with what I have?” No, you shouldn’t be contented – you should be grateful for what you have and then strive to have more so that you can be extremely comfortable and be able to help more people along the way. The difference, ladies and gentleman, lies on the purpose of why you want to be rich. The rich think bigger than themselves or their family. They want to leave a legacy.


Reflect on that uncomfortable feeling you just had when you read the things that I just said, such feeling may just be the very reason why you can’t or won’t become rich.

Upon reflecting on the differences between the rich, middle class and poor, I have realized that being in the middle class is a mix of both rich and poor mindsets but that for me is such a dangerous place to be. Why? Because being a middle class, they already have the tendency to be rich but doesn’t want to take that risk or that jump to their next level. At the same time, the middle class have the tendency to be poor, should they sulk longer in what they call, “victim mode”.




You would know if a person is in a victim mode if they do the following (especially with regards to his or her finances):


  1. Blaming – They are very good at the “blame game”. They blame their parents, the government, the weather, the economy, their neighbor, even their pets (just kidding!) for their misfortunes with regards to their finances. My dear friend (I wish), Bill Gates, said it perfectly, “If you are born poor, it is not your fault. If you die poor, it is your fault.” So quit all the blabbering about all the BIR stuff and start taking charge of your finances.



  1. Justifying – They are also good at justifying why they aren’t rich. The most common justification that they use is that “Money isn’t important”. If you’ve heard of this line from someone, most likely that person is broke or just getting by. Money is important. Try paying bills and food with love, honesty and trust. Let’s see where it will take you. If you have negative image of money, it’s highly unlikely you’ll ever be rich. Time and time again it has been said, money is not the root cause of evil. It is the love of money that is the root cause of all evil (1 Timothy 6:10).



  1. Complaining – What you focus on expands. If you focus on the negative things about your finances such as your debt, you will attract more debt. If you focus on the what’s wrong, all of your energy will attract more of it. However, if you focus on, let’s say, earning more through an additional source of income, all of your energy will focus there. Thus, this gives you more opportunity to earn and eventually pay off your debt.


Upset and angry boy with steam coming from his ears and arms folded concept for anger, frustration and mischief

Upset and angry boy with steam coming from his ears and arms folded concept for anger, frustration and mischief


Letting go of being in the “victim mode” will help you focus on what’s more important – taking charge of your finances. It will not be easy, I tell you. There will be times that you will be shifting back to your default mode. That’s why discipline is needed to hack your brain to focus more on going full out on your financial life. Going back to your default mode is normal, but how long you would be staying there will define whether or not you are on your way to becoming rich. Pass by such feeling, just don’t hang out in that place for too long.


To start rewiring your mindset from that of a middle class to that of the rich, I would recommend that you do the following:


  1. Wake up early – You will be finishing a lot of activities within the day if you do so.
  2. Exercise – Everything around us is energy. If you exercise, not only you will be healthy but you will have lots of energy. Money is energy that is why it is called currency.
  3. Audiobooks – Devour yourself with audiobooks while stuck in traffic instead of complaining how traffic is.
  4. Self-development seminars – Attend and invest on yourself by attending self-development seminars. You can reach out to I Am Plus Limitless Coaches ( or for schedules of these seminars.
  5. Theory of Space – Surround yourself with people who have reached the level where you want to be, who are better than you and who are richer than you. Spend most of your time with them. Pick their brains. Remember what my good pal (kidding) Jim Rohn said, “you are the average of the five people you spend the most time with.” You want to become a millionaire? Start hanging out with them. Do whatever it takes. Join groups, clubs, etc. You’ll be surprised of the results.



Dave Monter is a Registered Financial Planner, has a Diploma in Financial Planning in Australia, and a Life and Wealth Coach.

He used to be your average employee, living paycheck to paycheck until he decided to venture into entrepreneurship. He is now an advocate of helping people change their mindset towards life and wealth, in the form of coaching, as he sees the two areas related to one another.

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Filed under Abundance, All about money, Clarity




We all have thought of so many ways to have more money by reducing electricity, recycling garbage, going to supermarkets where goods are cheaper, etc.  But have you ever realized that just by being healthy, you can save?


The World Health Organization (WHO) defines health as “the state of complete physical, mental, social well being and not merely the absence of disease.”   I am no health guru nor a gym enthusiast to talk about how you can be healthy.  But I know that by choosing to be healthy we can all be WHEALTHY!




When we list down our top favorite food and drinks, we can find an array of good and bad foods and drinks.   They are our comfort food and these make us happy.


Take for example a guy named Johnny.  Below is his list of favorite food and drinks he takes in a month.  On top of these, he smokes 5 cigarettes a day.  He goes out with friends once a week  taking at least 5 bottles of beer.  Total cost of this lifestyle is P7,200 per month.   We also know the repercussions of  the deadly lifestyle  Johnny is living.


Johnny becomes sickly and absents himself  from his job more often than he usually does.  He then asks for an advice how to lose weight and improve his health condition from his friend, Timothy, a performance coach.  Timothy asks John to review his list and take an action plan about his “favorite things”.   Johnny resolves to:

  1. Totally stop smoking and buying soda
  2. Replace fastfood with homemade baon
  3. Replace frappucino with tea
  4. Still enjoy some beer, dessert and coffee at a reduced amount and less frequency.

And this is how his new list looks like:



By  choosing wisely what he should take and eat,  Johnny starts his way towards a healthier lifestyle and  saves P5,480 per month or an annual savings of P65,760!




According to a CNN on-line poll with over 200 respondents, 15% cited the traffic as their 2nd major source of stress , next to their jobs and studies.   Another survey from the,  revealed that the Philippines is the 5th  in the list of countries with the worst traffic in the world.   Long hours of traffic  results to stress, longer exposure to air pollution(for those taking the bus or jeepney) and lack of sleep (to beat the traffic the following working day, you even have to wake way too early).


The good news is that there is an alternative to travelling to office.  We now have the Point to Point Buses  which the Department of Transportation  has made available earlier this year to make travelling by bus ,easier, more economical and faster (non-stop).  Price ranges from P30 to P70 per passenger, one way.   What is wonderful about the P2P bus is that there is a schedule of departure (you can plan your trip) starting in the morning thru evening at regular intervals and  buses are new and air-conditioned (more relaxing).


Definitely, P2P is one way to relieve one’s stress,  free up one’s cashflow and beat the horrific Metro Manila traffic . Johnny, who lives in Alabang, spends P16T a month using his car to travel to Makati (this covers gas, toll and parking fee).  But  If Johnny shifts to P2P, he gets to spend only P5,600 to travel to work with his wife, or a savings of almost P11T per month!

Combining  the savings Johnny can have from choosing what he eats and  a wiser travel plan for lesser stress, he gets to have an annual savings of P197T!



This annual savings can now be channeled towards building  his health fund and pursuing his other dreams (education for his child, down payment for house, travel and medical needs).  By simply choosing to live a healthy lifestyle, Johnny can  start creating the future he wants for his family!







In your journey to a life that is healthier, less stressful and ultimately  happier , choose  the right people.   Be with people who can inspire and  encourage you in your new lifestyle.   Be with people who are likeminded and are proud of what you do!





About The Author

Lourdes Ravelo is a seasoned banker, a Registered Financial Planner, and a senior advisor of one of the top insurance companies.

She used to specialize in promoting loans as financial solutions to customers. In contrast to that, today, she is an advocate for helping families to become wealthy by teaching them how to save and invest.

For Lourdes, financial education is a MUST if we want to be wealthy.




Watch out for her upcoming FREE E-book, “30 Wealth Thoughts That Guide My Way”. Launching soon!


  1. Definition of Health:
  2. CNN:
  3. Survey:
  4. P2P Buses:

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Filed under Financial Change, Financial Coach, Financial Coaching

8 Christian Principles about Personal Finance

Questioning the truth

                                                              Questioning the truth


Guest post by Marife Rosas

You might hear a saying before that says: “Money is the root of all evil”. Some say’s that if you are rich, it will be hard for you to go to heaven. I can’t blame them with those thoughts especially if you are like me who grew up in an environment wherein their past time is watching “unlimited teleserye”.

Don’t get me wrong, I love watching television as well, and it’s not a sin to do so. Is just that sometimes, we are unconsciously absorbing the wrong thoughts that “We need to be poor” so that we will become the protagonist (bida) of our life. Because sad to say, most of the time, teleserye portrays that rich people usually are corrupt, selfish, and full of pride; that’s why unconsciously, people are not aiming to improve because they are afraid to become the antagonist (kontrabida) in their own life .


But the Holy Bible is clear, It say’s “For the love of money is a root of all kinds of evil”

1 Timothy 6:10. It’s clear that it’s not only about money, but Love of it. It means that when we love money more than God, that would be the fall comes in. But when we know that Money is only a powerful tool that can be used to bless other people around us, I am sure that you will never stop to aim high.


Today, I would like to share with you the 8 Truths that will help you to improve in your personal finance.


It doesn’t matter if you are just a student, a professional, employed, house wife, self-employed or entrepreneur. These 8 Christian Principles will be very applicable for you.


Have a Paradigm Shift

Keeping away from negative people, over-spenders, reading books, listening to audio books, attending seminars that will help you grow, and seeking Godly counselors are very helpful technique that will help you to gradually have a Paradigm shift. The bible say’s “Without counsel purposes are disappointed: but in the multitude of counselors they are established” (Proverbs 15:22), and if you unconsciously gained the “Teleserye fever” this will be a cure. J


Acknowledge that God is the supplier of everything

Philippians 4:19 says, “My God shall supply all my need according to his riches in glory by Christ Jesus. 2 Corinthians 9:8 adds, “And God is able to make all grace abound toward you; that ye, always having all sufficiency in all things, may abound to every good work.”

We have to focus to the Lord and returning to him what is His through tithing, is one way for us to show our “living faith”. Because to just say by words is easy, in fact everyone can say that they believe, but not all does. That’s why it’s important for us to dare to be part of the few who Acknowledge it by their words, but most importantly with their actions too.

Deuteronomy 14:23 says, one purpose of tithing was to teach the people of Israel to put God first in their lives.


Appreciate what you have 

Take note of all the blessings that you already have, and commit to yourself that you will become a good steward of it. By doing this, you will prove to yourself the faithfulness of your God upon your life for giving you so much to be thankful for, but at the same time to remind yourself that there is a purpose why you get those blessings. You have to work as much as you can to maximize it for His honor and glory.


Dedicate a specific time to plan and work hard in your finances

It’s important for us to know where we are right now for us to know how near or far we are from the situation where want to go. And in personal finance, we can solve this by computing our cash flow, SALN, and learn how to manage it right, and if you think you need more, It would be a good idea if you will “Increase your cash flow” by starting with the God-given talents that you already possess, hone it, use it, and monetize from it and treat it as your first business. The Scriptures spell it out: “In all labour there is profit; but the talk of the lips tendeth only to peneury (poverty) (Proverbs 14:23)


Build  your back up

It’s important for us to understand that there will be rainy days in our finances and If we built our back up (savings) it will not be too difficult for us to face it.

Proverbs 21:20 says, “There is treasure to be desired and oil in the dwelling of the wise; but a foolish man spendeth it up.” And Proverbs 22:3 emphasizes, “A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.


Be Disciplined and Rule over unwanted spending

I’m sure that all of us have goals of honoring God is whatever we do and for that to happen, it’s necessary for us to cut down our lifestyle. That means overcoming the problem of debt, and it means avoiding frivolous spending. Besides, Christians are to be people of control and discipline (Galatians 5:22-23; 2 Peter 1:6). One place that manifests itself is in our spending.


Trust in God’s purpose

The Bible says that the thief’s purpose is to steal, kill, and destroy. My purpose is to give them a rich and satisfying life. (John 10:10)

I truly believe that all of us have unique purpose in life. You have God-given talents / Purpose that only you can do. If you know that it is for His glory, no matter what other people are saying against you, or even the whole world might not understand you at first, but you are convinced that God can be glorified through that talent, I encourage you to share that to the world and be the blessing itself to other people. Many people are eagerly waiting for you.



It’s necessary for us to plan for our life but at the end of the day, His plan will prevail, that’s why surrender is tremendously important for all of us to have peace of mind that no matter what we are doing right now, God is there to help us according to His plans.




Marife Rosas is a Christian Infopreneur/ Author / Financial Advocate and  Founder of Christian Infopreneurs Academy. Please subscribe to her Facebook Page: and if you want to know her more, check also her  Website: She also got a Youtube Channel:


Btw, I have a new E-book entitled “Christian Infopreneurs Handbook” (How to Effectively Use your God given talents for Profit and Purpose) that I am giving away for FREE to all new subscribers of my blog, .


Filed under Money Management, Money Mistakes, Money Problems

Why being a millionaire doesn’t mean you’re happy and what to do with it

A lot of people would like to be a billionaire or millionaire at a young age but upon further research and study it shows up that being overly wealthy won’t give you too much happiness. Here are the billionaires who stated those lonely words.

John D. Rockefeller– King of Oil Industry “I have made many millions, but they have brought me no happiness”

W.H. Vanderbilt– The Commodore and King of Railroad “The care  of $200 million is enough to kill anyone. There is no pleasure in it.

John Jacob Astor: I am the most miserable man on Earth

Henry Ford– Anti Capitalist “ I was happier when doing a mechanic’s job”

Andrew Carnegie–  The Steel Magnate.  “Millionaire’s seldom smile”

Charles Schwab– President of the largest independent steel company- Died Broke

Arthur Cutten– Greatest of the wheat speculators- Died abroad, bankrupt

Richard Witner – President of the New York stock exchange- died just after release from Sing Sing Prison.

Albert Fall– Member of a U.S. president’s cabinet- was pardoned from prison so that he could die at home.

Jess Livermore – greatest “bear” on Wall Street- committed suicide.

Leon Fraser– President of the Bank of International Settlements- committed suicide.

Ivar Kreuger – Head of the world’s greatest monopoly – committed suicide.

King Solomon – Whoever loves money never has money enough; whoever loves wealth is never satisfied with his income.

Dr. Aaron Beck conducted a study of patients hospitalized with suicidal intentions. He published the results in The American Journal of Psychiatry. One of the major risk factors contributing to a suicidal frame of mind was listed simply as financial resources. The doctor’s brief commentary was this: “Risk increases with resources.” The risk of financial resources is well illustrated by the suicides and emotional breakdowns that commonly occur during significant drops in the stock market. It’s also in the epidemic of high blood pressure and hypertension among today’s successful professional.

If you want to be a millionaire, never focus on profit alone but help millions of people first to enjoy the process. Materialism brings us unhappiness and anxiety compare to helping other people that gives joy and satisfaction.


Your finances will be in a bad situationif you don't stop chilling with the wrong people (17)

David Isaiah Angway is a Registered Financial Planner, Chartered Wealth Advisor and a financial consultant for IT-BPO-Banking, HealthCare Industry and Manpower Agencies. He is a conference speaker and was featured multiple times in ANC On the money, Bloomberg TV Philippines. He also writes for BusinessMirror, Rappler, and MoneySense magazine. He is a licensed nurse and a former Senior Fraud Specialist of the largest bank in the world, JP Morgan Chase & Co.

He is the CEO and founder of WinLongTerm Financial Consultancy, that helps organizations retain their top key employees such young urban and educated millennial (Gen Y). It sets and achieves their long-term financial goals by empowering them through behavioral finance.

For more information and concerns subscribe to Facebook page or contact me at, here’s also my mobile number 0925-787-7796


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Poverty is not a hindrance in entrepreneurship.

Written by Adrian Pascual

For a developing country like the Philippines starting a business can be a big challenge. That is of course is an understatement. The need for capital to start a business is not the most important thing to have though. There are far more important things to possess than a stack of cash. Here are the top 7 most important things one must have before one enters into entrepreneurship.



 Be a dreamer.

“Dare to dream the impossible. The future belongs to those who believe in the beauty of their

dreams.” – Eleanor Roosevelt


One sure way to fail in life is to fail to see the big picture. Only through dreaming and dreaming big will you be able to have a clearer vision of the market and for you to plan for your company’s future.



Be a doer

Have the Nike attitude of just doing it. Don’t just dream. Hustle!

Only through acting on your dream will you know the true outcome of your idea. Test your assumptions and discover new things about your idea and about yourself. This is vital in your entrepreneurial journey. You grow not by the successes you will have but by the mistakes you commit.


Be passionate

Be committed on your goal. Have a laser like focus on your goal. To achieve it do the following:


Plan – thoughtfully your business and it will most likely succeed. This will help you know what needs to be done and what goals and milestones to achieve.


Execute – the idea and execute it fast. As the saying goes; not a single idea has never been thought of by another person. The measure of success is not on how good the idea is but on how it was executed.


Adjust – or pivot as many time as needed.


Kill it – good or leave it. Don’t just try. Give it your all.


You will commit many mistakes and you will go through many ups and downs as you progress in your pursuit of success. These are important moments in your journey as important as the milestones you will achieve. Be relentless in your actions and be in the PEAK of your game. Always.


Be a people person

Network, network, network.

The lifeblood of any business are the customers. But before you get to that point when you are selling your products or services you need to connect first with people. Be it for future business partnerships, marketing, sales or mentoring the need to connect with different people is vital on your growth as an entrepreneur and of your business.








Be disciplined. 

“We are what we repeatedly do. Excellence, then, is not an act, but a habit.” – Aristotle

Many entrepreneurs have the best business ideas but failed miserably because they can’t execute their plans or they can’t handle themselves in the middle of the journey. Mental toughness is key in entrepreneurship. The need to act on things must be tempered with a disciplined mind. You will encounter many problems, setbacks, opportunities and situations where you would need to choose which best action to take. Like choosing between: Saving vs. Spending or Expanding vs. Waiting. The ability to see things with a long term perspective in mind is something that one must develop over time.

Be hungry for knowledge.

Learning never stops.

Read as many books as you can. Watch documentaries. Enroll in short courses. Attend all seminars and conferences you can. Google as much as you can. Get a mentor to guide you.

Smiling human child hand listening deaf ear gossip

Smiling human child hand listening deaf ear gossip



Be a good listener

It is not about you. It is ALWAYS about your customers.

Build products that your customers need and will use or don’t build at all. Innovate based on the needs of your customers. Interview the right people and build your Minimum Viable Products through the gathered insights. This way you can save a lot from the process or not spend at all.


There are many ways to start a business without even having to shell out a capital. You can start a Consultancy Services company, Make something (like arts and crafts), Be Fashion & Beauty stylist, Babysitting services, Cleaning services or Sell old stuffs. Be creative in finding ways to start a business without having to spend much.

Sure, we need money to fuel the business. Heck to start it. But starting a business without the proper mindset and preparation is as bad as being broke. Poverty is not a hindrance but a challenge one has to overcome. A clear goal with the proper mindset and motivation are the vital tools one needs to succeed.




Adrian F. Pascual is the Director and Founder of AP Media Communications, a business development consultancy company aimed at helping MSMEs’ grow and reach their full potentials. A man who wears different hats, he uses his extensive years of experience in the fields of Financial planning and management, Customer Service and Fraud Prevention, Client Relations and Retention and Sales and Marketing to help build and expand different companies. His advocacy is to build an ecosystem of socially responsible startups in the Philippines that will address the different issues in the society using modern technology for maximum impact. He also does professional copy writing for some of the top international news,business and lifestyle online publications.


Filed under Behavioral Finance, Guest Post

5 compelling reasons why you need to invest in real property

Thinking of a good investment for your future? Here are five good reasons why real property should definitely be at the top of your list.




It’s a relatively low-risk investment

Of course, with investments, there can never be any guarantee. Depending on what it is you have invested in, you might end up losing more money than you gain. An investment in real property, however, is less likely to end up a fluke so long as you play the game right. After all, it is not without reason that real estate is considered a “rich gainer”. The key thing is to keep in mind that several factors—the geographic location, mortgage interest rate stability, inflation rate, population density, market behavior, etc.—determine whether a property is going to make a good investment or not. Play these factors well and you’re in for a positive cash flow in the years to come.



It’s not time consuming


If there’s one resource that is just as valuable as money, or even more so, it would be Time. The great news about real estate investments is that they are not time-consuming ventures. It’s more on learning to watch and wait for the optimum time—excellent market conditions that would allow for great property deals. The entire process involved in consummating the deal may be overwhelming at first, but don’t worry! You can always ask for professional help, but we’ll talk about that later.



You don’t need big capital 


What’s wonderful about real estate investments is that you don’t have to shoulder the finances alone. You don’t need to have a huge start-up capital. So how will that work? This is where the concept of leveraging comes in handy. It is a common practice in the industry for property investors to put in only a part of the full sum that they need for the investment. The rest of the financing often comes from other sources such as finance companies, investment companies, banks, and OPM (Other People’s Money). Your ROI (Return on Investment) will then largely depend on how well you have utilized the concept of leverage based on a keen understanding of mortgage rates, property appreciation, and other key factors.



You can benefit from real estate appreciation


Appreciation rates for properties vary depending on their location. Well-maintained locations and those that are in high-demand areas often garner the highest appreciation rates. These are areas you should be on the lookout for. You could even own properties that appreciate for as much as 8-15% annually as long as you know where to start looking.





There is a high demand for real property


Especially in highly-populated areas where usable land area is scarce, real estate properties are in high demand. These areas may be constrained by development regulations, resulting in an increase in demand for land. In such locations, it is thus not uncommon to see prices for real estate skyrocket. Going with the trend for real property is thus going to prove an entrepreneurial decision on your part, and one day soon you’ll be thanking yourself for investing in it.

While there are, indeed, strong reasons for making an investment in real estate, you might feel at a loss—not knowing exactly where and how to start. If so, that is not a problem! That is exactly why we’re here.


PHILGEMS Realty Corp, it is our passion to cater to those who seek professional help in real estate investing and property management, among others. Our organization is made up of seasoned individuals—professional licensed brokers, experienced consultants, and accredited real estate salespersons—all dedicated to helping you invest in properties wisely. So <a href=””> give us a call or leave us a message today </a>, and let us know how we could be of assistance. We would be more than happy to render our professional services so you could make the best out of your investments.


Richard Thaddeus Carvajal is a Registered Financial Planner and the CEO of Philgems Realty Corp.

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7 things Golden State Warriors can teach us about personal finance





Congratulations again to all GSW fan for putting a good fight right now even we lost in the biggest stage (NBA Finals) that doesn’t mean we never learn. They are back to back Western Conference NBA Champion and won multiple awards for their organizations this year. That doesn’t stop there but they also made another history by beating the Chicago Bulls 1995-1996 historic run of winning 73 games out of 82. That record was unbeatable for the last 20 years. Is that a stroke of luck or there’s a formula for success in making things happen?


These are the recipe in order for you to replicate the success that you had yesterday without the following are a clueless wanderer on how to make things happen.


You got to have big why – Whenever they were asked what’s their yearly goal, the team consistently says “we want to win championships and break barriers”, with that answer, that propels them to drive the team to do the things they need to do. The Golden State Warriors teaches you to be reminded why you need to save, invest and have insurance. They also gave you insights that you need to keep on paying your mortgages and the reasons you need to put money on your mutual funds or retirement funds. If you want to win, you need to think with clarity why you need to monitor your finances and that will solve bigger issues.




You need a coach – When they started the season, head Coach Steve Kerr was not there to simply take care of his team full time but when the Golden State Warriors won their first 24 games, everybody was getting crazy. It was Luke Walton the assistant coach, secondary to Kerr was responsible in pushing those hard buttons early this season.  Having a coach increases performance since there’s accountability partner behind you, a coach should increase your awareness and help you bring into your consciousness all those existing issues that you have in your finances. They aim to simply make you progress on your finances in long-term not just acquire products that doesn’t fit to your goals and risk profile.


OAKLAND, CA - MAY 10: Stephen Curry of the Golden State Warriors poses with his back-to-back NBA Most Valuable Player Awards following a press conference at ORACLE Arena on May 10, 2016 in Oakland, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Ezra Shaw/Getty Images)

OAKLAND, CA – MAY 10: Stephen Curry of the Golden State Warriors poses with his back-to-back NBA Most Valuable Player Awards following a press conference at ORACLE Arena on May 10, 2016 in Oakland, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Ezra Shaw/Getty Images)


You need to play like an MVP – Curry keeps on doing a lot of crazy things in the court but the secret to it is his preparation and the way he lead his team will also reflect the outcome of their game.  He plays like an MVP, by breaking every stone wall, doing crossovers, dribbling in style and making sure her daughter present in the post conference haha. Every single day you should wake up with the mentality of getting things done, be assertive in your finances and play the whole 48 minutes of the game. If you are currently in debt, learn to hustle more and rebound from those old mistakes and put your best in the field.




You need to prepare – When Curry and the rest of the team have this pre and post conference with the media, they keep on telling everyone about their mentality. “We need to be hungry and never settle from what we have achieved” That’s absolutely correct, when you are hungry, you are unstoppable. You better understand that you got money and if you won’t take care of it, you will surely lose it but if you are hungry to help more people and prepare for the worst it will prevent you from fatal disaster. You need to be serious with your money coz others (big companies designed their marketing to lure you) are serious to take that away those hard earned moolah that you have.





You need to defy the odds – A historic run of 73 wins is another record high. A back to back champion is another one.  1st time in the history of NBA there’s a unanimous vote for MVP was another milestone for this organization. They started to believe and execute things daily and got the reward. You can also achieve it by deciding to win today.




You need a great team- Golden State Warriors got plenty of guys to choose from especially when they’re shooting percentage is too low. They got their bench take over when Curry and Thompson also known as the splash brothers are missing a lot of shots, their bench are the one who is solving the gap and defense. In your finances, you should have a team who can help you grow but if those people who are with you are dragging your savings, making your investment go low then you might need to reconsider joining their gimmicks.



You need to have an effective system – Basketball is all about system, the Warriors won their first 24 games and became the champion again since they have an effective routines, when it comes to your finances, I would recommend you to double check the things that’s working and not. Whenever you use your time, you need to make sure that there’s always a return of investment. Don’t just focus on passion but also focus on your routine. Gretchen Rubin said that your habits are the invincible architecture of your life.


The playing style of Warriors is like an army or a navy seal; they adapt, adjust and respond. They have core mentality that in order for you to win long-term, you need to let that ego out from the door and you will thrive more. See you again at the NBA Finals 2016-2017.



Your finances will be in a bad situationif you don't stop chilling with the wrong people (17)

David Isaiah Angway is a RFP and a financial consultant for IT-BPO-Banking, HealthCare Industry and Manpower Agencies. He is a conference speaker and was featured in ANC On the money, Bloomberg TV Philippines. He is also columnist at BusinessMirror, Rappler, and MoneySense magazine. He is a licensed nurse and a former Senior Fraud Specialist of the largest bank in the world, JP Morgan Chase & Co.

He is the CEO and founder of WinLongTerm Financial Consultancy, helping young urban and educated millennial (Gen Y). It sets and achieves their long-term financial goals by empowering them through behavioral finance.

For more information and concerns subscribe to Facebook page or contact me at, here’s also my mobile number 0925-787-7796



Filed under All about money

How to increase your financial IQ during traffic


Image by BusinessWorld Online

Image by BusinessWorld Online


The economic cost of traffic mayhem is devastating our country today and no one knows when it will end. Economic  Planning Secretary Arsenio M. Balisacan has said the economic cost equals $3 billion a day. The sad part of it is we lose that much money forever. Traffic jams wear us out physically and often mean the loss of quality time with family, deny everyone sufficient rest and certainly very inconvenient. While most people fret, whine and complain in their car seats, idle times like these actually present opportunities for people to learn something new and worthwhile. There are ways to increase one’s financial IQ when one is stuck in traffic.



Image by Geekwire

Image by Geekwire

Read e-books that talk about business

There are hundreds of downloadable documents, magazines, books and piles of information available online. They dwell on investing, saving and money management. Use the leverage of technology and time to help you get smarter than a fifth grader.

Listen to a podcast 

Phone applications are way more popular now and podcasting is gaining prominence even among the nondigital natives. There are free programs available and all you do is look for “Personal finance” and subscribe. This is a free source of information to sharpen your thoughts and enhance your ability to make decisions.Listen or watch YouTube tutorials

WE are in an era where modern technologies, like the Internet, are readily available. Use these free resources to help you build a solid foundation in expanding or broadening your horizon in terms of finances. Though these are free sources of information, they do not necessarily suit you best. Filter what you hear and apply those that fit you best.

Write your thoughts about your finances

Financial products won’t solve 100 percent of your problem in finance, but self- awareness is going to free you from things you don’t know about yourself.  Take notes or type your ideas in your laptop. Have a broader view of what your finances will look like this year and of the breakthroughs you expect to happen. Make the necessary adjustments to handle it.

Image by

Image by

Download an app so you can monitor your finances

One good thing about these applications is they help you evaluate your finances. I love numbers, since they don’t lie. They tell you something. If you see that your budget is in jeopardy and begins to get out of hand and way beyond your weekly limit, learn to cut your wants and prioritize your needs.

Check web sites on personal finance

Financial web sites are effective in spreading new stuff about practical applications and the principles behind the popular blogs, articles and quotations should inspire you to be resolute move forward.


Image by Instagram

Image by Instagram

Bring a book

This is my personal favorite. Business books give me a sense of accomplishment. I can highlight the important points and prevent my phone from draining its battery. The books you need to read should relate to personal finance to increase your IQ and your financial awareness.

Excuses can make you weak. Never fell into that trap. Traffic can prove worse in the coming years, but I also believe that if you want to make some progress in your life, career or personal finance, change your mental perspective and, perhaps, do the unthinkable.

This was also published in BusinessMirror

Your finances will be in a bad situationif you don't stop chilling with the wrong people (17)


David Isaiah Angway is a RFP and a financial consultant for IT-BPO-Banking, HealthCare Industry and Manpower Agencies. He is a conference speaker and was featured in ANC On the money, Bloomberg TV Philippines. He is also columnist at BusinessMirror, Rappler, and MoneySense magazine. He is a licensed nurse and a former Senior Fraud Specialist of the largest bank in the world, JP Morgan Chase & Co.

He is the CEO and founder of WinLongTerm Financial Consultancy, helping young urban and educated millennial (Gen Y). It sets and achieves their long-term financial goals by empowering them through behavioral finance.

For more information and concerns subscribe to Facebook page or contact me at, here’s also my mobile number 0925-787-7796


Filed under Uncategorized

What to do with excess funds after kids graduate?

Image by Assets.nerdwallet

Image by Assets.nerdwallet


Congratulations!  As a parent whose child has just graduated from college is an accomplishment you should be proud of. Alas!  No more fees and bills to worry about and you have excess funds or you have enough money to sustain you in retirement. The majority of Filipinos today, once their children finish college, splurge on things they cannot afford just to celebrate. They use credit cards to make sure everything is accommodated. This is just bad consumerism. This gobbles up even your future savings and prevents you from investing more.


The following are ways to maximize the deployment of excess funds after the children complete college and one retires in comfort.

Explore new heights—If you still have children in college or high school, look for more opportunities to increase your income potential by developing a business that is sustainable. I know it’s complicated, but remember to do some risk management by studying the market, or join a trusted existing MLM company and look for a franchise that works for you. I know it sounds odd, but if you want to increase your earnings, you have to take risks and step out of your comfort zone to avoid losing. The worst thing in life is living with regrets.


Start fresh—If you are the breadwinner and you did your fair share in supporting your siblings, you need to make sure that you have left something for yourself, as well. At this point, commit yourself to changing your financial status and get into the fast lane. If you don’t have savings yet, and an emergency fund or the value of insurance is not enough, prioritize them by developing a habit of putting money to your bank in a bimonthly basis. Sooner or later it will grow. Once you are secured and established, your next challenge is to focus your attention on investing.


Prioritize your emergency funds—When you are single and you have no one to support, that’s better. Make sure you understand how much you earn and spend accordingly. Base your monthly emergency fund with the way you spend. Look for opportunities to make your money grow, like investing in real assets instead of spending it on the newest gadgets and the latest fashion. Perhaps, you can invest your money in a business that’s close to your heart.


Pay all your debts—You will always be the slave of the lender if you don’t pay your debts. The interest rate will compound and the more you delay payment, the more it eats you up. The various financial products won’t help you thrive if you are buried in debt.


Invest in yourself—Your decision reflects your value system. Fix, update and constantly upgrade your financial I.Q. It will help you last another decade.  Attend financial seminars. Buy books on personal finance. Read up and follow the best bloggers on personal finance you can find.


Give yourself permission to fail—You got an excess fund that you can use, the great thing about that is you get more options compared to yesterday. Remember that all kung fu masters were once students themselves. They kept grinding and exercising their talents. They never stopped even after they stumbled but learned through the process. Many people are afraid to fail. That’s normal. But if you don’t fail no learning happens.


Get your act right—Try to do everything to maximize every single peso and it will surely payoff. When you are faithful, I know you will receive more.


This was also published in BusinessMirror


Your finances will be in a bad situationif you don't stop chilling with the wrong people (17)


David Isaiah Angway is a RFP and a financial consultant for IT-BPO-Banking, HealthCare Industry and Manpower Agencies. He is a conference speaker and was featured in ANC On the money, Bloomberg TV Philippines. He is also columnist at BusinessMirror, Rappler, and MoneySense magazine. He is a licensed nurse and a former Senior Fraud Specialist of the largest bank in the world, JP Morgan Chase & Co.

He is the CEO and founder of WinLongTerm Financial Consultancy, helping young urban and educated millennial (Gen Y). It sets and achieves their long-term financial goals by empowering them through behavioral finance.

For more information and concerns subscribe to Facebook page or contact me at, here’s also my mobile number 0925-787-7796

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Filed under Abundance