JOC.Financial

  THE RAT RACE CYCLE: HOW TO ESCAPE THE RAT RACE? 5/25/2019 0 Comments   ​Do you see yourself facing this financial struggle? What Is A Rat Race? ​ A Rat Race refers to the competitiveness between employees for upward mobility in the job market. It is analogous to rats in a wheel that compete against one another to be the first to get the reward—cheese. The rats continue to compete for this measly reward. When someone refers to the rat race idiom, someone envisions unhappy and harried people working long hours for little pay and little recognition. Yet, they continue to take part in the rat race because their families depend on their earnings. Robert Kiyosaki (Businessman and author of the well-known books Rich Dad Poor Dad & Cashflow Quadrant) describes the rat race idiom as a frustrating financial lifestyle. An employee works hard for an employer to receive pay, a salary increase, and a promotion. For some employees, as their income increases, their expenses or life...

𝐀𝐍𝐎 𝐍𝐆𝐀 𝐁𝐀 𝐀𝐍𝐆 𝐌𝐔𝐓𝐔𝐀𝐋 𝐅𝐔𝐍𝐃? Dahil marami sa mga Pilipino lalo na ang mga 𝐎𝐅𝐖, walang oras pa para pag-aralan mabuti ang 𝐅𝐮𝐧𝐝𝐚𝐦𝐞𝐧𝐭𝐚𝐥 at 𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 ng 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭 kaya nagkaroon ng 𝐌𝐮𝐭𝐮𝐚𝐥 𝐅𝐮𝐧𝐝. Ang 𝐌𝐮𝐭𝐮𝐚𝐥 𝐅𝐮𝐧𝐝 ay Investment Company na legal na nangongolekta ng pondo sa publiko para mailagay sa iba ibang financial instruments tulad ng Money Market, Bonds at Stocks. Ang Mutual Fund ay may mga empleyado na eksperto sa pag-invest sa stock market na tinatawag na 𝐅𝐮𝐧𝐝 𝐌𝐚𝐧𝐚𝐠𝐞𝐫 kaya alam nila kung aling stocks ang mabilis na tumaas ang Stock Price at nagbibigay din ito ng malaking Dividends dahil na rin nakatutok sila palagi sa stock market. Ang isa pang advantage ng Mutual Fund ay naka diversified ang investment mo dito sa mga Blue Chip Stocks. Regulated ng Securities and Exchange Commission (SEC) ang Mutual Fund at may batas na pinatupad tulad ng Investment Company Act o Republic Act no. 2629...

  PERSONAL FINANCE, SAVINGS, INVESTMENTS, PROTECT FROM INCOME LOSS How to Combat Financial Anxiety February 2021   by Singlife Philippines     3 min read   Share Article     Whether it’s an unexpected medical expense or planning for big purchases, thinking about your finances can cause stress and anxiety. While almost everyone worries about money at least once in their life, prolonged and elevated financial anxiety can interfere with your day-to-day life. This can lead to poor health and mental well-being. If you find yourself struggling with your finances, here are some tips to combat your money anxiety. 1. Set goals and plan ahead Whenever you’re not sure where to start, it’s always good to go back to the drawing board and start planning. Think about your goals in the future, whether it’s buying a house, or even saving for a vacation. Once you’ve mapped out your goals, it’s easier to keep track of them and plan around it. Planning helps you achieve y...

  PERSONAL FINANCE, SAVINGS Ways to Stop Emotional Spending February 2021   by Singlife Philippines     3 min read   Share Article     Emotional spending is the act of buying something you do not need based on your mood at that current time. This impulsive buying behavior could be because you’re feeling stressed, bored, unhappy, underappreciated and so on. While people usually spend to improve their mood, emotional spending can also occur when you’re feeling happy. For instance, people tend to spend when they get a bonus or did well in something because of the “treat yourself” mindset. Treating yourself once in a while is completely fine, but if it happens too regularly, you might find yourself falling into bad spending habits.  If you find yourself impulse buying repeatedly, it’s time to put a stop to it. Here are five ways that will help you put a stop to this behavior. 1. Identify Your Triggers To solve any problem, we need to get to the root o...

The 10-step monthly money routine to help your finances By Lace Llanora You are the boss of your money and creating a money routine is the way to take control. We all have money issues - from increasing savings, to getting out of debt, to fulfilling mortgage payments. It can be overwhelming but sometimes it's only a matter of keeping everything organized. To start being in control of your personal finances, here are 10 steps for your own monthly money routine.   1. Review your bank accounts  - Make it a habit to regularly log-in to your online bank accounts. Your goal is to get an accurate idea of how much money you really have. Review your transaction history to see where your money goes. Also, secure your account's security by constantly updating passwords. BONUS:  It is now easier with many banks offering online transactions .   2. Pay monthly bills on time  – Most bills, like rent and electricity, have specific billing cycles and due dates. Save yourself fro...

  ADVANTAGES OF MUTUAL FUNDS 1. Low Initial Invesment - It takes only P1,000 to start in MF investing. After that, you can invest P500 every month or every other month, or as often as you want. 2.Diversification -Mutual Funds allow small Investors to take advantage of investment opportunities with a bigger interest and enable them to buy more types or unit of investment, instead of being limited to only one or few. 3. Convenience and Cost efficiency - Mutual Funds take the stress away from small investors who want to invest in the financial markets. This is because MF are handled by competent and professional fund Managers who choose the right investment for them. 4.Principle of Compounding at Work -The earnings of a Mutual Fund grow more when the value of the securities it owns increases. Compounding automatically takes place while the investments remain in the Mutual Funds. 5. Liquid Investment - This means you can get your cash easily if you need it. Mutual fund shares can be so...

DO YOU WANT TO INVEST IN MUTUAL FUNDS? Benefits of Investing in Mutual Funds Kung wala kapang Time, Knowledge, Capital at medyo takot kapa dahil baka malugi ka sa Stock Market, ito ang nababagay para sa'yo...Ito ang tinatawag na Mutual Funds. “MUTUAL FUNDS”  (Indirect Investing in the Stock Market) Sa Mutual Funds ikaw ay  “INDIRECT INVESTOR”  dahil merong Professional Fund Manager(s) na mag-manage ng portfolio mo, hindi ikaw ang magde-decide kung anong mga companies ang bibilhin. Ang  Mutual Funds  ay pinagsama-samang pera ng mga investors, kunwari yung P100,000 ko, P5,000 mo at P10,000 ng kaibigan mo pagsasamahin ng Fund Manager yan at dahil malaki ang budget, ibibili yan ng mga “Blue Chips” Companies like Jollibee, SM, Ayala, Globe, etc. Now, kapag kumita na ibabalik ito sa mga investors. Kunwari kumita ang MF Company ng 5%. Ang kinita ko sa P100,000 ay P5,000 (P100,000 x 5%) Ang kinita mo sa P5,000 ay P250 (P5,000 x 5%) Ang kinita ng kaibigan mo sa P10,000 a...