How Much to Pay Yourself?

Q: How should a business owner compute the monthly compensation that he will set aside for himself from the earnings of his business, especially if the business is still in ...

Ease Into Retirement: Succession Management in 5 Steps

Q: I am 60 years old and looking forward to my retirement. Thirty years ago, I started a grocery, to provide a ready-made business for my children when they grow ...

How Much Is My Time Worth?

Q: In business, time is money. But I don’t know how much my own time is worth. If I am asked to do a job at an hourly rate, how ...

5 Mistakes to Avoid When Lending to Friends and Relatives

Q: My long-time friend from college came to see me last week and told me that she needed to borrow some cash. She promised to pay me as soon as ...

5 Ways to Build Up Your Savings for an Emergency Fund

Q: I have been working in the corporate world for some time now but I don’t seem to have enough savings in my bank account. I am afraid that I ...
go-into-business-or-invest-in-mutual-fund

Go Into Business or Invest In Mutual Fund?

First of all, before you start considering putting your money into business, make sure that you have enough savings for your emergency use. As a rule, your savings must be ...
rising inflation

5 Ways Rising Inflation Can Be Beneficial and How You Can Take Advantage of It

The Philippine Statistics Authority (PSA) recently reported that the national inflation rate has accelerated to 6.9 percent for the month of September, the highest in four years after slowing down ...
5-steps-to-take-to-start-investing-in-the-stock-market

5 Steps to Take to Start Investing in the Stock Market

Question: I have been keeping all my savings in my bank account and it is not earning so much. I learned that investing in stocks can give higher returns but ...
5-things-to-consider-when-making-an-investment-decision

5 Things to Consider When Making An Investment Decision

Question: My business has extra cash in the bank that does not earn enough interest. I was offered several options where to invest my cash by the bank but I ...

5 Easy Steps to Save Money

Have you checked your personal finance lately? Some people find it hard to save for various reasons: insufficient income, rising household and business expenses, too many credit card bills, or ...