Categories
Life Updates Money Mindset Personal Finance

#1 Financial Coaching Site in the Philippines

I got the surprise of my life a couple of days ago when I learned that Rich Money Habits by akosiallan.com is the #1 site on Google when you search for “Financial Coaching Philippines”.  Thanks to my good friend Jomar Hilaro for making me realize this.

richmoneyhabits#1financialcoachingphilippines

Thank You For Making RMH the #1 Financial Coaching Site in the Philippines

This would not have been possible if not for you, our dear reader of this blog.  So to all of our dear readers, THANK YOU! I am not sharing this to you just to boost my ego, but I must admit it feels good to be number one at something.  🙂

What gives me greater delight is that this means more and more people are being blessed by reading the inspiring articles from this blog.  My only wish is that you find what you are looking for and that the simple articles from this blog help inspire you to build better money habits not only for your financial dreams but more for building a better life for you and your family. 

To make this site more meaningful for you, we will be launching some great new exciting features in the coming months.  Subscribe to Rich Money Habits now (it’s FREE!) to be the first to know of these exciting features once they are out.  Again, thank you for making this blog #1 in Google’s eyes.

Categories
Business Life Lessons Money Mindset Personal Finance Personal Growth

Plants vs Zombies Money Secrets Revealed

Do you want to know the money secrets of the rich? Discover these secrets from one of the hottest game these days – Plants Vs Zombies.  This article reveals the money lessons out of this unusually popular game.  If you haven’t played this game, here’s your chance to find out why you should.

These days, my wife is staying out late in the night…not because of work, but from playing plants vs zombies computer game.  I was looking over her shoulder one time and noticed how concentrated she was playing the game.  Curious why she gets overly excited over a simple-looking game, I was intrigued.  While listening to her unravel the mysteries and strategies of the game, I realized there are 5 money secrets that can be learned from this hugely popular game.

Secret #1 – There’s a season for everything

There’s a season for everything.  Just like in the bible, there’s a season of planting and there’s also a season of harvesting.  At the start of the Plants vs Zombies computer game, you have to plant sunflowers.  And when they bear fruit in the form of sunlight (weird huh?) you get points.  The more you plant, the more you can harvest later on.  It’s as simple as that.

Unfortunately, in the real world, we often forget to plant.  We become impatient.  We want the fruits (a.k.a. sunlight) right away.  You want that new car, even if you don’t have any savings and you’ve just started a new job.  You say, no worries.  I can secure a loan anyway.  What’s your “sunlight”?  New house?  New mobile phone?  New LCD TV? 

In the midst of this obsession for chasing these things, we should also keep in mind the most important thing – where’s your plant?  Are you planting seeds that will turn into money machines that will bear fruit and give you money later on? 

Secret #2 – The secret to success is preparation

One time, my wife was complaining to me how she’s so frustrated at a specific stage in the plants vs zombies game.  Apparently, it’s already her nth time repeating that level and she could not get around the zombies.  These creatures always overwhelm her, no matter what she does. 

After some time, I was startled to hear her jubilantly scream “YES! I finally defeated the zombies”.  Without me even asking, she proceeded to tell me how when she gets overwhelmed, she just restarts the game on the same level AND THEN on the next try, she PREPARES way ahead of time.  She plants the necessary flowers and weapons, even before the hoard of zombies come.  So that once they finally come, her plants are more than ready to defend her house by throwing more fruits at the zombies, more fruits than ever thrown at any stage in the game.  Now, it’s the zombies’ turn to get overwhelmed.

While we cannot just restart our real life (that would be like filing for bankruptcy), it’s very important to learn how to PREPARE.  This is the reason insurance and emergency funds are important.  You need to prepare for these things even before you need them.  This is even more evident for life insurance, since the younger you are, the cheaper your premiums will be.  Unfortunately, when you’re young, you are not concerned with life insurance reasoning that you still have a lot of time ahead of you.  You say, that can wait.  But while you’re waiting, the zombies are planning their attack.  Be prepared.

 

Secret #3 – Use leverage

To win the game, you can use different kinds of plants.  Some plants throw only one ball.  Others throw two at a time.  Others don’t throw anything but block the zombies way, delaying time.  Sunflowers, on the other hand, can’t do anything to protect themselves, but they give the most important thing of all – points.  Points to buy the seed for your other plants.

In real life, some people are working their way using only plants with one ball at a time.  That would be like having a job.  Your job can give you money, and scare away some of your zombies (a.k.a. financial problems – like not having any money).  If you have a job, congratulations.  At least you have planted your way to one money machine.

But while having a job helps, it can only throw a ball one at a time.  It’s a slow process.  The richest men in the world, however, own big businesses.  Their plants throw millions or billions of balls at a time.  Take Bill Gates, the billionaire who built one of the biggest software company in the world today – Microsoft.  Or closer to home, you can look up to Henry Sy, the owner of the most successful malls in the Philippines.  They have planted a different kind of money machine – BIG businesses.  

 

Secret #4 – Don’t panic

At every level, you start off really slow.  You plant one sunflower.  Plant another one.  Then your third comes along.  You only need to concentrate on what you can do at the moment.  That is plant more sunflowers to make more money!  Then use more throwing plants to fend off the incoming zombies. 

But once the zombies come in, their faces make you scared.  In real life, zombies do not look like scary creatures.  Often times, they are just unexpected events or people you meet, who forces you to see a better way to live.  So there’s no reason to panic especially if you prepared to the best of your abilities. 

When everything fails, know that it’s ok to restart on the same level.  In real life, this is equivalent to the many lessons you learn about money when you ACT.  When you start your first business, you may find that not a lot of people really need or want the thing you’re offering.  Your business fails.  So when you restart on the same level, like opening up a new business, it would do you good to do market research first to ensure a lot of people would love to buy what you have to offer. 

The most important thing is to just have the bias for action.  Take action.  Even if you fail.  Learn the lesson and try again.  If you fail, restart the game, take a more intelligent action.  Act again and again until you succeed and scream your hearts out to say “Yes! I’ve defeated the zombies!”

 

Secret #5 – Enjoy playing

If you don’t enjoy playing plants vs zombies, do something else.  Play Farmville instead. Or Restaurant City!  Play Cashflow 101.  Get up.  Get running.  Do something. 

In life, if you’re not enjoying what you do, it will all seem like an uphill battle and a huge waste of time.  Are you trapped in a job that you don’t even like?  Are you working 9am – 5pm on something that your heart is not passionate about?  Maybe it’s time to do something else.  Find your passion.  Life is too precious to waste your time doing something you don’t love.

If you’re young, the world is yours.  There’s no better time to be alive.  A lot of opportunities abound for the passionate mind.  Bless the world with your talents.  Help other people with your gifts.  The more people you help, the more the universe will give you what your heart truly desires.

Now, go play!

 

 

P.S.  Do you want to learn how to play the game of money better? Join Bo Sanchez’ Truly Rich Club NOW!

Categories
Life Lessons Money Mindset Personal Finance

Why having a coin purse can make you rich

A few weeks ago, my wife and I went out with my mom to the mall to help her buy a helmet she can use when driving her motorbike.  Yes, my mom drives a motorbike!  Cool mom, huh?  Well, it’s more like a scooter so it’s perfectly safe.  Anyway, while looking through the men’s accessories section (yes, my mom doesn’t mind that we’re shopping under MEN’s accessories), I chanced upon a display of wallets.  There’s a small table where you can see and touch all kinds of wallets. 

My wife, being the very thoughtful person that she is, saw the wallets and immediately prodded me to buy one!  Not for bills, but for my coins! My coins seem to have a life of their own.  Most of the time, they are scattered everywhere in the house.  You can see them on top of our refrigerator, inside the drawer, scattered on the floor, etc until they are found out by my wife when she cleans the house.  And I get that glaring glance that I so love. 🙂

Why am I having a field day about a coin purse?  Because having a coin purse reveals an interesting money habit.  Why do you think men don’t like carrying a purse?  Because it is NOT cool and manly?  If you’re a guy, can you imagine yourself mustering the words, “oh wait, let me just bring out my purse”.  Only ladies carry a purse.  For the most part, that’s what I thought.  But when you’re like me who hates carrying heavy coins in his pocket all day, I’ll take that coin purse anytime.  And so, on that faithful day…I finally brought my coin purse.

Buying a coin purse is one of the greatest organizing tool I’ve bought for quite some time.  Whenever I buy at McDo, KFC, or even at the grocery store, the smiling lady at the cashier would always ask me if I have a spare change or coins?  Most of the time, I don’t because I hate bringing coins in the first place.  Whenever I have coins in my pocket, I try to empty it out immediately and put the coins inside my drawer.  They are too heavy on my pocket.  Unfortunately, when I try to have my lunch a few hours later, I (again) no longer have any coins with me.  When I am (again) asked if I have a spare coins I can only smile to my teeth and say I have NONE (again).

Since I don’t have the exact change,guess what the lady would give me as change?  I get another set of big bulky coins!  Yes, another set of coins!  When that happens I feel like being penalized for not carrying the exact amount. I guess my pocket is going to be heavy again…for a little while, until I get to dispose it into my drawer. 🙂

So how does having a coin purse make you rich?  The answer?  It’s in the habit.  The habit you cultivate in putting importance to the littlest of things like spare coins is priceless.  You learn that when you have more of those little things, they become big.  When they become big, their importance becomes more glaring.  They can give you something you cannot take for granted.  Like for example, having those extra coins allowed me to treat my wife for a simple lunch.  Nothing too fancy, just good food from good old coins. 

When you have coins, it forces you to use them.  Otherwise, it becomes heavy on your pocket.  When you use them, you become more precise.  How much is that meal again?  Oh, PhP85.  Let me give you one PhP50 bill, one PhP20 bill and three 5 peso coins.  Back when I didn’t have any coin purse, I would have just handed over the PhP100, get my change and forget about it.  Let that PhP15 change rot inside my pocket, or my drawer.  This time though, that PhP15 never left my wallet.  It’s still there, waiting for its chance to be a blessing to me and to other people.

How about you? How do you manage your spare coins?

 

P.S.  Are you a member of Bo Sanchez’ Truly Rich Club?  Checkout the huge discount to Jomar Hilario’s 1-Year Online Mentoring Program / (originally Internet Marketing Workshop Club) @ http://www.Bit.ly/truediscount!  This promo is being offered exclusive to Truly Rich Club members until June 29, 2010!  Only 4 days left to take advantage of this amazing offer.  If you’re not yet a member, sign-up to the Truly Rich Club now!

Categories
Business Make Money Online Passive Income Personal Finance Truly Rich Club

Jomar Hilario Internet Marketing Workshop Club Review

Jomar Hilario is widely regarded as Bo Sanchez’ internet marketing guru and the “Tim Ferriss” of the Philippines.  I’ve been a member of Jomar Hilario’s Online Internet Marketing Club since last year.  I wanted to do a review of his online mentoring club for quite a while now, but because of busy schedule I have been putting it off lately.  This time, I want to get the review out ASAP so readers of this blog can take advantage of the huge discounts being offered only until June 29, 2010.

I first met Jomar while attending Bo Sanchez’ Truly Rich Financial Coaching Program.  During the seminar, Jomar shared his experiences on how he got started pursuing financial freedom through various ways.  He animatedly described his adventures struggling to make money through multi-level marketing, taking pictures of houses from one end of Metro Manila to the other by trying to sell/invest in real-estate properties, as well as his initial successes promoting a huge concert through the internet in just 30 days!

In that same seminar, Jomar offered his invitation for a 1-year online mentoring program to those serious about learning internet marketing.  The price is definitely NOT cheap if you compare it to the numerous ebooks about internet marketing out there.  But when you compare it to similar internet marketing coaching programs, which can run up to US $1,000, it is low priced.

Besides, 1-year mentoring offers something else that cannot be found in reading ebooks alone, or even a 2-day workshop.  The 1-year online mentoring program allows you time to digest everything you need to learn about selling and marketing through the internet.  You can ask Jomar to review your blog, ask him questions on any of the online lessons, you even get some special discounts to his other seminars.  As an added bonus, you also have the opportunity to learn from and interact with the other online internet marketing club members through the forum discussions.

In all honesty, when I heard the price, my initial thought was that “it’s too pricey!”  While pondering whether to sign-up or not, I tried to browse through Jomar’s site @ jomarhilario.com.  To my surprise, I saw a birthday promo being offered that time, which gave a whopping 50% discount!  I immediately emailed Jomar to sign-up and the rest is history.

Here’s an actual feedback I shared in the Online Mentoring Club forum discussions a few months ago about my experience with the club.

Reply by Allan Inocente on March 25, 2010 at 10:19pm

Before IMW Club, I earned a measly $1.08 from Google adsense in 10 months of aimlessly trying to learn how to make money from blogging. Since joining the club, my Google adsense earnings have steadily climbed up to reach the all time high of $32.23! That is 30X earnings in less than 5 months of applying the lessons learned from the IMW club.

The great thing about being in the club is that you can go back to the online lessons over and over again…if you still don’t understand, you can post your question in the forum, and someone will always be willing to share a thing or two to help you out with your problem. This is on top of Jomar’s very useful and straight to the point suggestions and recommendations, of course.

Be warned though, the club is not for the impatient nor is it for the half-hearted. The lessons may be simple and easy to learn but finding the discipline and willingness to apply those lessons will definitely play a crucial role in helping you achieve your goals.

Cheers!

Allan Inocente, IT Team Lead
Rich Money Habits @
https://akosiallan.com

Who should sign-up for this online mentoring club?

  • if you are tired of waiting for your next paycheck or promotion
  • if you are constantly frustrated with your measly income
  • if you are not a techie but willing to learn how to earn money online
  • if you have an existing brick-and-mortar business you want to take online
  • if you want to have more time to be with your family
  • if you want to work whenever and wherever you want, even from home

Who should NOT sign-up for this online mentoring club?

  • if you are living in debt or on a tight budget and it’s all the money you have
  • if you are looking for a get rich quick scheme, this is definitely not for you
  • if you are not really planning to follow the lessons
  • if you are afraid of the internet and don’t want to learn anything related to it

It’s been months since I signed-up and I’ve learned a lot since then.  But there is a lot more to learn.   If you do decide to sign-up for a 1-year online internet marketing mentoring program, congratulations and see you at the club!


P.S. I wanted to get this review out ASAP so readers of this blog can take advantage of the huge 50% discount to Jomar Hilario’s Online Mentoring Program!  Unfortunately, this promo is being offered exclusively to Truly Rich Club members until June 29, 2010 only!  So hurry, sign-up to the Truly Rich Club now so you can take advantage of this amazing offer.  Once a member of the Truly Rich Club, you can go to http://www.Bit.ly/truediscount to avail of the 50% discount to Jomar Hilario’s Online Mentoring Program.

P.P.S. If you’re curious, my Google adsense earnings has already reached US $49.81.  Not much, but if you’re like me who didn’t expect to earn anything at all, earning that amount of money “passively” is definitely a huge boost to my confidence!

DISCLOSURE: If you sign-up for a 1-year online internet marketing mentoring program, I get a little affiliate commission.  If you buy through the above link, send me an email with the receipt and I will give you a surprise gift. 🙂  If you don’t buy or or you buy from other links, that’s perfectly fine.  I still thank you for taking the time to read this article until this point.  Dont’ hesitate to contact me if there’s anything I can help you with.


How to EArn from the net - by a Pinoy!


Categories
Investing Stocks

The Most Important Lessons about Investing

Here’s an interesting guest post from Mariusz, sharing his thoughts on the most important lesson about investing.  Read on and enjoy!

If you are a beginning investor, it can be very confusing to listen to others who give you advice on how to invest your hard-earned money. The best thing that you can do is ignore most of the advice and educate yourself following the strategies of investors who successfully built wealth over long periods of time, not just over the last few days, months, or quarters. I would suggest reading lots of books on the subject of value investing.

The major theme that you will get from reading these books is that in order to be a successful investor, you must think that when you buy stocks, you are investing in businesses because this is exactly what stocks represent.

When companies are started, they usually are funded with some type of private or venture capital money. When a company becomes big enough, its management might turn to the public markets to raise money to pay off the original financial backers and to grow the business going forward. When that happens, the company issues shares to the public through a process called the Initial Public Offering, and these shares are assigned ticker symbols such as DVR or MORN.

At this point, they start trading on the exchanges such as the NASDAQ or New York Stock Exchange. These exchanges allow stock owners to buy and sell their ownership interests in companies. While it can be very cumbersome to buy and sell private businesses, shares of publicly traded companies can trade hands with a click of mouse. This liquidity can be advantageous for investors because it allows quick access to cash, but I believe that it actually lures investors into becoming gamblers or speculators. For example, do you know anyone who has a successful business? You probably do. How many times do you see this person selling his or her business during the course of a year? He or she probably holds on to the business for years, if not forever, reaping the benefits of business ownership.

However, because public markets allow investors to buy and sell within seconds, this allows them to become flaky investors who forget about the underlying business and, instead, focus solely on the stock price. As a result, they are willing to abandon their ownership whenever bad news about the company is released. A private owner would never sell a business simply because the Fed changed interest rates or China’s GDP slowed down.

“If you truly want to experience success in investing, you must realize that when you buy stocks, you become a partial owner, or a salient partner in the businesses that these stocks represent.”

But that’s not everything. Just because you realize that a Lexus is a car doesn’t mean that you should be willing to pay any price for it. Depending on the model and year, you would not pay more than you think it is worth. Businesses are no different – they have values. It is safe to say that Business A is worth more than Business B, if Business A generates more money than Business B. So it would be logical to assume that it is not the best strategy to overpay for businesses because when it is time to sell, for whatever reason, it would be hard to find another fool that would be willing to overpay you for your business.

While this may seem logical to you, this is exactly the opposite of how the majority of investors invest. They get excited when prices go up and depressed when prices go down. So they are happy and more willing to buy businesses when they become expensive, and they are sad when these same businesses become cheaper. To me, this doesn’t make any sense, but this is the world of investing.

The recipe for successful investing is simple: treat stocks as businesses, buy them with the intentions of becoming an owner, pay only the price that makes sense, and wait for your wealth to grow.

That’s it. It is that simple, but for some, it is too simple. The investment industry cannot possibly follow this strategy because how else would most investment professionals justify charging you insanely high fees in relation to its terrible investment performance?

About the author:

Mariusz Skonieczny is the founder and president of Classic Value Investors, LLC, an investment management company. He is also the author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market

P.S. How about you? What do you think is the most important thing to keep in mind when investing in the stock market?

Categories
Truly Rich Club

Bo Sanchez’ Truly Rich Club Review: Problems?

It’s been more than a year since my wife and I signed-up to the Truly Rich Club. While it has been an amazing journey, there were also some logistic problems we encountered along the way.

A few months ago, my wife and I had to renew our membership.  Since our credit card issued in Malaysia already expired, we renewed the membership using our BPI credit card here in the Philippines.  However, 3 months after renewing the membership, the DVDs and Audio CDs have NOT been delivered to our home yet.

That’s when I tried to search for any support contacts in the Truly Rich Club member’s site.  To my surprise, I couldn’t find any support contact number.

Thankfully, my wife was able to save an old email from the Truly Rich Club when we were still starting out as a member.  We emailed the address right away, and in 3 days, the DVDs and Audio CDs arrived in a bright red LBC package.

If you’re having the same problem or  you ever encounter any problem with your Truly Rich Club membership, you can email the following address: trulyrichclub@gmail.com

P.S. Do you want to solve your financial problem?  Join Bo Sanchez’ Truly Rich Club NOW!

Categories
Life Lessons Personal Finance

Why is Apple so successful while other companies fail?

Here’s an inspiring video on why companies like Apple become successful while others fail.  Watch and Enjoy! 

 

P.S.  How about you?  Why are you doing what you do?

Categories
Life Updates

Money Summit and Wealth Expo: Early Bird Discount & Bonuses until June 12 ONLY

Be part of the Money Summit & Wealth Expo 2010, the BIGGEST wealth building and income opportunities super conference and expo in the Philippines, this coming July 2-3, 2010 at RCBC Plaza, Makati City.

Learn the best money secrets to grow and invest your hard-earned money from 16 of the most successful entrepreneurs, real-estate investors, best-selling business authors, sales superstars, and money experts in the country today.

Hurry!  Early bird discounts & BIG bonuses available until June 12 ONLY!

Reserve your seat/s NOW!

Who is this seminar for?

If you are an employee…

• who want to quit your job?
• who want to get out of the rat race?
• tired of your 8 to 5 job?
• tired of paying too much in taxes?
• who want unlimited income?
• who want to earn extra income without quitting your job?

If you are a professional, freelancer, or self-employed proprietor…

• frustrated with self-employment?
• who want to grow into a real business?
• tired of working 24/7?
• who want cut back on your time working?
• overworked with non-stop servicing of clients?
• who want to tap new markets?
• interested in new sources of income?

Today, I’ve signed up to the 2-day event and got the PhP 1,000 early bird discount as well as the extra bonuses worth a whopping total package value of more than PhP 15,000.

How about you?  Get your early bird discount and lots of bonuses NOW!

Hurry!  Early bird discounts and huge bonuses available until June 12 ONLY!

Reserve your seats TODAY!

See you there!

P.S. If you refer your friends, you earn a 5% referral fee.  If 10 of your friends sign-up for the VIP package, you get a whopping PhP 2,247.50!  And yes, I earn PhP 224.75 too if you sign-up as VIP now and indicate me (Allan @ Rich Money Habits by akosiallan.com) as your referrer. 🙂  Let’s continue learning rich money habits to achieve our dream of financial freedom!  Cheers!

P.P.S. Of course, I will still share whatever I learned from the event through this blog for the benefit of those who are unable to attend the Money Summit & Wealth Expo 2010.  Watch out for that in the coming month/s.

Categories
Personal Finance Truly Rich Club

Bo Sanchez’ Truly Rich Seminar and Truly Rich Financial Coaching Program this June

While attending the Feast at Valle Verde Country Club the other week, I chanced upon the next schedule of Bo Sanchez’ Truly Rich Seminar and Truly Rich Financial Coaching Program

How To Be Truly Rich Seminar

by Bo Sanchez

June 12, 2010 (Saturday, 8:30 am to 12 nn)

Shaw Blvd, Mandaluyong City (near Shangrila Plaza)

seminar fee:  P497 only

 

Truly Rich Financial Coaching Program

by Bo Sanchez and team of financial mentors

June 18 – 19, 2010 (Fri, 2pm – 9pm to Sat, 9am – 4pm)

Pasig City (near ULTRA)

seminar fee: P5,975.00 per person

 

It’s been almost a year since my wife and I attended the truly rich seminar and the financial coaching program.  While we have not reached the monthly income we’ve set out to achieve yet, there have been so many financial blessings we’ve received over the past year that we’ve already earned back the seminar fee several times fold. 

More than the money we’ve earned, the experience also opened our eyes to the true purpose of being rich, that is, to be a blessing to other people.  My wish is that you too become truly rich in every sense of the word.  May God bless you on your financial journey!

 

P.S.  Are you an OFW (Overseas Filipino Worker) struggling to save, protect and grow your hard-earned  money?  Join Bo Sanchez’ Truly Rich Club now and become a better steward of your own money, wherever you are in the world.

Categories
Money Mindset Personal Finance Truly Rich Club

Giving back by running Bo Sanchez’ Kilometer for Kerygma (K for K) Fun(d) Raiser

This coming Saturday, May 29, 2010, my wife and I, along with my in-laws, will be one of the thousands of people flocking the SM Mall of Asia grounds at 5:30 in the morning!  No, it’s not because of a SALE 🙂  It is to join Bo Sanchez’ Run a Kilometer for Kerygma fun(d) raising activity to support the many ministries of Bo Sanchez.

I have always felt blessed throughout my whole life.  Even having learned 5 money habits that will never make me rich, I still felt blessed.  This is the main reason I want to give back in one way or another.

I have personally experienced visiting Anawim (Bo’s charity home for abandoned children and elderly) during one summer in my College days, and all I can say is that it is truly an amazing experience seeing lives being transformed before your eyes.  Not only is it a great blessing for the abandoned elderly and children seeking comfort in the loving home of Anawim, but more for those donors and volunteers caring, loving and serving selflessly.

Be part of the K for K and bring a smile to the hearts of many people!  Live the life of abundance!

P.S. You Can Grow Your Financial Abundance—No Matter Where You Are. Join Bo Sanchez’ Truly Rich Club Now!