Friday, October 21, 2016

Takeaways from 15th Franchise and Business Expo by AFFI (2016)

My key takeaways? Flyers. Lots of flyers. Kidding.

Dropped by the Franchise and Business Expo held last Oct 14 to 16 at the World Trade Center with the charitable Ilocana and couple of friends. Attended a similar one 3 years ago (has it been 3 years?!?). The event, just like the previous one, was organized by Association of Filipino Franchisers Inc (AFFI).

Despite the rainy weather, I would say the event was well attended, with many participating businesses open for franchising and many Pinoys wanting to have their own business, or just looking around, testing the waters. Many Filipinos want to be their own bosses. Filipinos are generally entrepreneurial. Here are some key takeaways and realizations.

Tuesday, October 11, 2016

Member Benefits of Truly Rich Club 2.0

I call it Truly Rich Club 2.0 because of two things:

One, Bo Sanchez and Truly Rich Club (TRC) improved the look of the site for its existing members (like me), and members to be. They made it look more hip and more appealing to millennials who undeniably spend more time in the web compared to older generations.

Two, it has more sulit and panalo benefits and blessings than when I first joined 3 years ago.
It’s been more than one year since I last wrote about Truly Rich Club. Much has changed with the site but the reliable benefits and services I get remain solid and very helpful in this challenging path towards financial freedom. In fact they added more benefits to new members who will sign-up (Click here for the site).

Saturday, September 24, 2016

Remember Me If You Win the Lotto

I know I can’t stop people from betting on lottery, and I won’t belabor you with how small the odds of winning are (like you’re more likely to get struck by lightning than win the lotto). But still hardworking Pinoys decide to part some of their hard-earned money with the hope that Lady Luck or Divine Intervention will smile on them someday. Work hard, pray harder.

As to why Pinoys do this, here’s my old article about it (mindset that it is simple and easier to understand than “investments” which are “only for the rich”, smaller amounts needed, bigger gains, doesn't care about the very small odds). Or maybe just a force of habit.

Friday, September 16, 2016

Bucket List: Fully Paid First Home Loan

My first home loan because there will be some more in the future. In God's time.

Just want to share the good news. Fully paid my first home loan this week. Got it in 2010, originally for 15 years tenor, done in 6 years. It’s just a humble abode though so loan amount is not too big to begin with. Part of the plan. Still, happy graduation! Thank you Lord!

Shared previously 2 articles on partial prepayment (view first one here, second one here). Did a third advance payment, this time to fully pay the outstanding balance and pre-terminate the home loan. Not because I am rich like that (I had lots of blessings and assistance), but because (1) it made sense from my overall cash management and medium-term cash flow perspective, (2) I wanted to save as much interest expense as possible, (3) another home loan is coming before year-end, this time for Grace.

i want to be financially free