First Time at the Exchange

image courtesy of  law-usimmigration.com Its been a dream of mine to invest in a stock portfolio which I can see the earnings of my investments more than the usual interests gained from bank deposits. As we all know, most of us are afraid to learn something new, particularly stock investing. Many people tend to back out from the mere appearance of the word "stock investing". That these should be dealt only by "stock brokers and experts" alike. But on my personal opinion, this is a new challenge for me if I want to expand myself especially in financial literacy. As what a friend told me before we should ride vehicles in order to achieve...

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Posted in: first time stock investing,Freedom Ideas,Passive Income,stock investing

Successful People have Mentors

I am venturing into something that I am totally zero knowledge about it. I have no sales background, I'm an introvert and most of all, I dont want to deal with agents. It may sound silly, but I became one. Yes, I am now a Real Estate Investor. I have no knowledge about it. But Im willing to learn. Though, I find some points from books, there are still big difference if there is someone you can ask to. Someone who will tell you how good you are or will give you rays of lights in times of confusion. And I am lucky I have one. Currently, I am under Local Coaching by Ms Lyn and I am proud of it. It is my deep appreciation and honor to be under her because she's already there. I mean, I dont need to question her capacities and capabilities because she is already successful in her chosen career....

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Posted in: Attitude,Freedom Ideas

Simple Things Matters

Everything that we have to do, we really need to start from scratch. On my journey to financial freedom, I realized one thing. That simple things matters. Every million starts with a centavo. That means every achievement it started as a dream. I really wanted to achieve all my dreams and aspirations. Actually, shifted things a bit to achieve my target. In case I retire, I want to earn passive income of P 100,000 a month. And only two things can contribute to achieve this. Its either owning a multiple door apartment or having my own school. Two things that can come hand in hand. But I want to prioritize the second one. For I want also to contribute in molding future of a child. And also, it will generate multiple jobs, from janitors, teachers and security guards. I'm happy that I have thought...

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Posted in: Attitude

Emotions are Normal

Does it occur to you that whatever goal you are pursuing, at the middle of the journey you tend to backslide? Well, personally speaking I did. You see I maintain jars for different purposes, but an inevitable event happened. I needed money to cover up some overdue expenses and the sacrifice, one of those jars. Actually I spent the jars for abundant spending. Meaning, that jar is intended for some luxury that I want to spent in a day. It's okay. I really dont feel guilty about it because the spending just came quite earlier. It is supposed to be spent on June though its just only April. Lesson learned, keep the jar in a more secure place... just kidding. Saving takes discipline and determination. What went wrong? I spent the amount for that foreseeable expense in some other things. And...

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Posted in: Attitude

The Power of Jars

Way to millions needs self discipline and perseverance. See, we are all capable of earning the money that we want, the problem is specially for Filipinos they tend to spend away what they just earned. In tagalog "Dadaan lang sa palad". We haven't practiced and enlarged our psychological wallet. But what is psychological wallet means? This is your way of thinking on how you can handle a certain amount. If for example your current psychological wallet is just Php 5,000, tendency is when you are able to get money much higher than 5k, your tendency is to spend the excess away and maintain only 5k. Personally, I am experiencing this dilemma. When I got the opportunity to have several thousands of pesos from my bonuses and 13th month pay last Christmas, I tend to cram up because I cant handle that...

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Posted in: Attitude

5 M's to Million Formula

Every day, we really wanted to earn millions. Some invest their time and life in working non-stop getting near to that amount. Some put their luck in betting in the lottery hoping that one day those numbers will appear and hit the jackpot. But there is a time and tested formula for these and it really needs an open mind and open heart to fulfill that million. 1. Mindset           When I started in this quest, it is not just by want instead its a need. As all of you know, I am a single mom and living in a single income household so most of the times  I am living paycheck after paycheck. And also my valuable time with my kid also suffers because of working long hours. So one day, I decided that I will not forgo the things that really matters to me. Especially...

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Posted in: Freedom Ideas

Means of earning Passive Income

There are many ways of earning Passive Income. But first, what is Passive Income means. According to Wikepedia "Passive Income is an income received on a regular basis, with little effort required to maintain it." In simple terms, its an income you earn even if you are sleeping. Right now, I got one little investment that I earn passive income from. I lent money to someone and it earns _% every month and I like the way it works. Its just you need to follow up that person when its due and sleep days for the rest of the month. It worked for me, hope it will work for you too. I will give you some other examples i know that you can earn passive income while you sleep. The list is endless so here it goes. 1. Rent - Whether you own a building, room, or anything that can be used by somebody else,...

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Posted in: Freedom Ideas,Passive Income

Its all in your ATTITUDE

I attended seminar last March 5 and I learned many things. It is called Money Magnet Seminar by John Calub. They dont teach there how to get rich in an instant. Instead they deal with the things that are hard to accept, which is correcting the program we have in mind since birth. You know, Filipinos tend to think that being rich is bad or being rich will bring you to hell. But these things are misconceptions and I am thankful that I am enlightened as early as now. I am trying to de-program what I have in my memory (brain) so that I can attract wealth that will lead me to total financial freedom. I am applying this tools too to my son little by little by infusing the things i learned from the Seminar. The following are the most important point that I have learned and applicable to...

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Posted in: Freedom Ideas

Getting Started

What ever we do, what ever we say, there is always a reason behind it. I created this blog for the purpose of documenting my journey out of the rat race. I want to retire at the age of 45 and to be financially free. But first things first, how can I achieve those things. Theoretically, it is achievable. Just make the correct computations and assumptions, everything will be possible. But in practice, money doesnt grows on trees. Money earned hard are money well spent. I have given the following points in which serves as my guide in achieving my target. 1. How much money do you want in your pocket when you retire? - Basically Php 1 today will not be the same 10 or 20 years after because of inflation. According to Wikepedia, "Inflation is a rise in the general level of prices of...

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Posted in: Freedom Ideas

Why I Want to Retire Rich

From the moment i finished the book Rich Dad Poor Dad by Robert Kiyosaki, I told myself that I will be like him. Earning Passive Income more than my expenses. As all of you know, I am a single mom with a kid and maintaining a single income household is not an easy task. I'm trying my best to make ends meet and I created this blog to record my journey getting out of the Rat Race. And also to share to you some facts and info I get from the journey that I am taking. If some of you not familiar what is Rat Race, it means living from payday to payday. If you are an employee like me, I expect all of my income will come from my salary which is given every 15th and 30th of the month. And making ends meet is really a tough job, much tougher than my usual 9-6 working hours. And I am making the move...

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Posted in: Rat Race