Category Archives: Basic Needs

Budgeting and Credit Cards – The Link

Budgeting is an important aspect of personal finance especially to a household. It determines the liquidity of the household. Liquidity is the ability to meet short term requirements. In case of a shortage of cash to meet requirements, the household’s bread winner or money maker will have to resort to borrowing. The most popular of which is the credit card. Credit card is a tool to ‘bridge’ a financial gap for the household, supposedly. However, Continue reading

Freedom Fighting Filipinos (part 3 of 4)

quote_iftodayThe third step to financial freedom (for me) is to get to the point of enlightenment. This is a “eureka” moment of the whole process; in training, we call it an ‘aha’ moment. To clarify my point, would like to borrow the anecdote of Immanuel Kant that goes, “Enlightenment is mankind’s final coming of age, the emancipation of the human consciousness from an immature state of ignorance and error.” This is said in Continue reading