During my student years, I have to ask everything from my sponsors the things I needed – for my project, my thesis, my computer rentals, for book bindings, for fieldtrips, etc.
But when that days are over and I started working, I tasted the fruits of receiving a gratifying pay all just for myself, myself! While working for great companies, credit card offers and perks are heaping up just to get you as their customer. As confident as I was, I took all the proffers without second thoughts. For the first time, I have washed out my aplenty compensation for shopping, travel, entertainments, gifts, gimmicks, and mostly in dining.
Little did I know that I lost control of my cash flow? Every now and then and as frequently as weekly, bills are coming in. Credit card debts from every bank I could think of, utility tabs that keep impending and collectors keep knocking on my door.
Thursday, December 22, 2011
Monday, March 21, 2011
Jealous
Jealous is an immature emotion and refers to negative thoughts and feelings of insecurity, fear, and anxiety over an anticipated loss of something that the person values, such as a relationship, friendship, or love.
I was a kid when I felt this primary emotion. Thriving and competing with our grandmother’s attention. Grandmother’s love is intoxicating with all the concentrated attention of care. She buys everything that we wanted, spoiling us that even the impossible things that we thrive to acquire, she gave it all. Actually, the competition began when my brother was born. I am envious competing with my brother because of his feebleness that makes him more vulnerable to almost everything.
He was born with poor eyesight, his eyeballs are irregularly shaped like an egg, thus reading and seeing clearly makes it very difficult for him. Every time he eats, our grandmother debones the meat. Every time we go to church or any event, my brother was always on her side, clutching him like a baby. The attention already focused on him and mine to minimal.
I was a kid when I felt this primary emotion. Thriving and competing with our grandmother’s attention. Grandmother’s love is intoxicating with all the concentrated attention of care. She buys everything that we wanted, spoiling us that even the impossible things that we thrive to acquire, she gave it all. Actually, the competition began when my brother was born. I am envious competing with my brother because of his feebleness that makes him more vulnerable to almost everything.
He was born with poor eyesight, his eyeballs are irregularly shaped like an egg, thus reading and seeing clearly makes it very difficult for him. Every time he eats, our grandmother debones the meat. Every time we go to church or any event, my brother was always on her side, clutching him like a baby. The attention already focused on him and mine to minimal.
Thursday, February 24, 2011
Investing in Paper Assets
Majority of us, the main and only source of income is our job. Am I correct? In this case, we rely on the first type of asset: ourselves. Our physical self, that includes our strength and mental competence as in a sense "hired" by our employer for a certain salary per month or commission of the sales we make. The type of income that this asset produces is active income because it requires us to actively work for the money that we get.
If we are younger, this asset may increase the income it produces by working overtime, taking on jobs or sidelines that could augment our income. Of course, getting promoted in our jobs would also lead to bigger earnings through an increased salary.
However, our capabilities decline as the years go by. Why? We all know that our capabilities to do overtime work and other sidelines and our chances of getting promoted become less and less as our body grows older and approaches retirement age.
If we are younger, this asset may increase the income it produces by working overtime, taking on jobs or sidelines that could augment our income. Of course, getting promoted in our jobs would also lead to bigger earnings through an increased salary.
However, our capabilities decline as the years go by. Why? We all know that our capabilities to do overtime work and other sidelines and our chances of getting promoted become less and less as our body grows older and approaches retirement age.
Monday, February 14, 2011
How Do You Want To Deal With Your Problems?
A blind boy sat on the steps of a building with a hat by his feet. He held up a sign which said: "I am blind, please help." There were only a few coins in the hat.
A man was walking by. He took a few coins from his pocket and dropped them into the hat. He then took the sign, turned it around, and wrote some words.
He put the sign back so that everyone who walked by would see the new words.
Soon the hat began to fill up. A lot more people were giving money to the blind boy.
That afternoon, the man who had changed the sign came to see how things were. The boy recognized his footsteps and asked, " Were you the one who changed my sign this morning? What did you write? "
A man was walking by. He took a few coins from his pocket and dropped them into the hat. He then took the sign, turned it around, and wrote some words.
He put the sign back so that everyone who walked by would see the new words.
Soon the hat began to fill up. A lot more people were giving money to the blind boy.
That afternoon, the man who had changed the sign came to see how things were. The boy recognized his footsteps and asked, " Were you the one who changed my sign this morning? What did you write? "
Friday, January 28, 2011
Defining Assets and Liabilities
Define assets?
In Webster dictionary definition, an asset is a useful or valuable quality or anything of material value or usefulness that is owned by a person or company.
Such as?
What you own: House, vacant lot, house and lot, buildings, cash, automobiles, computers, office equipments
Define liabilities?
In Webster dictionary definition, an asset is a useful or valuable quality or anything of material value or usefulness that is owned by a person or company.
Such as?
What you own: House, vacant lot, house and lot, buildings, cash, automobiles, computers, office equipments
Define liabilities?
Thursday, January 13, 2011
My Money Management Habit
Who loves to buy things? Who loves to spend money? I do! Do you spend on your needs or do you spend more on your wants? What do you spend the most? New gadgets? Trendy clothes? Or all goes for paying the bills? Then after extravagantly spending all you want, how do you feel? Happy? Guilty? Broke? Am I right?
Then I hope you will learn today. This is my Money Management Habit.
Before, what I do after receiving my income is to pay all for my expenses and the remaining amount is my savings. This practice shows formula number 1.
Then I hope you will learn today. This is my Money Management Habit.
Before, what I do after receiving my income is to pay all for my expenses and the remaining amount is my savings. This practice shows formula number 1.
Monday, January 3, 2011
The Fern and The Bamboo
One day I decided to quit...
I quit my job, my relationship, my spirituality...
I wanted to quit my life. I went to the woods to have one last talk with God.
"God", I said. "Can you give me one good reason not to quit?"
His answer surprised me.
"Look around", He said. "Do you see the fern and the bamboo?".
"Yes", I replied.
"When I planted the fern and the bamboo seeds, I took very good care of them. I gave them light. I gave them water."
I quit my job, my relationship, my spirituality...
I wanted to quit my life. I went to the woods to have one last talk with God.
"God", I said. "Can you give me one good reason not to quit?"
His answer surprised me.
"Look around", He said. "Do you see the fern and the bamboo?".
"Yes", I replied.
"When I planted the fern and the bamboo seeds, I took very good care of them. I gave them light. I gave them water."
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