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Another Saving System – T. Harv Eker’s JARS Money Management System

Another Saving System – T. Harv Eker’s JARS Money Management System

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Last Dec 2014, I started a series on savings, the definition of savings, the prosperity formula, why is saving important and started to share the different ways of saving like: Collecting Coins – Put all coins in a coin bank and deposit once full (Variation: choose largest coin amount like S$5) 52-week challenge inspired by a post from Facebook 12-month challenge Today, I will share with you T. Harv Eker’s JARS Money Management System from his book “Secrets of the…

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10 Most Popular Blogs From 2014 You May Have Missed

10 Most Popular Blogs From 2014 You May Have Missed

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A Happy New Year to you dear blog readers!  I wanted to wrap up the year 2014 by giving you my most popular blogs. Skim over them again if you want to grab a quick motivating refresher, or read them for the first time if you missed any of them. Here’s the recap of 2014’s Top 10 Most Popular Blog Posts: Collecting Coins: A Pleasant Surprise The simplest way to save that even kids can do – the power of…

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EPAL Series: 1 – Investing in Mutual Funds

EPAL Series: 1 – Investing in Mutual Funds

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EPAL Series is a series inspired by the movie “Dumb and Dumber”.  One guy is a clueless but interested investor and the other guy is the EPAL friend (a know it all type who wants to give advice even if he doesn’t know anything about that particular topic). Follow the journey of Peter and John who are very good friends. John is a clueless investor wannabe and Peter is real estate investor and a very arrogant know-it-all guy who wants to give unsolicited…

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Savings – Foundation for Creating Wealth

Savings – Foundation for Creating Wealth

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Savings Meaning: (Source: http://www.deposits.org/dictionary/term/savings/) In deposit terminology, the term Savings refers to money set aside for the purpose of future use. Savings generally represent only one part of an individual’s assets and, unlike investments, they usually have a minimal exposure to risk. Based on the 2012 Family Income and Expenditure Survey of NSO: The poor earns 69,000Php annual income and their expenses are 73,000Php. They don’t have savings and even incur 4,000Php debt. The rich earns 715,000Php annual income but…

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