Generosity

Cultivate generosity in you life. Here's how:

1. Be Grateful with whatever you have

It's hard for a person to be generous when he is not satisfied with what he has. Generosity rises out of contentment and doesn't come with acquiring more. If you're not content with little, you wont be content with a lot. And if you're not generous with little, you wont suddenly change if you become wealthy.

2. Put People First

The measure of a leader is not  the number of people who serves him, but the number of people he serves. Generosity requires putting others first. If you do that, become much easier. 

3. Don't Allow the Desires of Possessions to Control You

More and more people are becoming enslaved to the desire to acquire. If you want to be in charge with your heart, don't allow possessions to take charge of you. 

4. Regard Monet as a Resource 

The only way to really win with money is to loosely-- and be generous with it to accomplish things of value. 

5. Develop the habit of Giving 

The only way to maintain an attitude of generosity is to make it your habit to give-your time, attention, money and resources. If you're enslaved by greed, you can not lead. 

An excerpt from John Maxwell's Book The 21 Indespensable Qualities of A leader

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Spend and Save No More

Are you one of those who are spending more after getting your pay check? Or those who planned to budget their finances but still ending up with no saving at all?

It’s not easy to save. Im trying, but Im always failing.

Maybe you answered that way when someone asked you if you have your savings.  Well to tell you honestly it’s not easy. But. But it is possible isn’t it? If other people can manage their finances well, so are you.

The secret of those who managed their money isn’t because of their salary. So if you’re just a minimum wage earner, it’s good news for you. Because yes! You can also do that. Want to know how?

D-I-S-C-I-P-L-I-N-E

Uh oh. Does the world discipline frighten you?  It’s not easy to save right? But, with the right discipline, it is possible. If you want to start saving, you should start how to discipline yourself from not spending more than what you earn. And to discipline yourself means to start today. Not tomorrow. Not when you have your increase in your salary. Not when you’re already married. It is today.  

Contrary to the title of this post, I want to encourage you to discipline yourself from being a spender to saver.

I want to end this with a quotes from Jim Rohn

Discipline is the bridge between goals and accomplishment.

I pray you get the right discipline to reach the goal you want to accomplish

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5 Things All 20-Something Women Should Know About Money

Author's Message: This blog post is originally posted by Lianne Martha Laroya, chief editor of http://www.thewiseliving.com/

Being a woman, single or not, means you should still be independent about money matters.

I hate most fairy tales. Cinderella, Snow White, Sleeping Beauty, Beauty and the Beast – all of these fairly tales are spreading false beliefs and influencing the minds of little princesses growing up!

It’s not fair, right? Why are all these fairy tales advocating that we, as women, should follow our princes and practically be their love slaves and damsels in distress?

You have to wait for Prince Charming.

You have to be a submissive woman who will do everything your husband tells you to.

You won’t be complete unless you have a man managing your life for you.

No. No. And no. These thoughts couldn’t be far from the truth! Please, exorcise these from your minds right now.

The worst part is that these thoughts are applicable in the real-world as well.

You can’t manage your money wisely – you’re just a girl.

You just have to follow what your guy friends tell you about money.

You just leave everything for a guy to handle. Just sit there looking pretty and do your nails.

This shouldn’t be the case at all, right? Come on, you’re an independent, gorgeous and savvy woman.

Take note of these 5 things that all single women should know about money:

W – W is for Worth

Learn to remember the fact that you are someone who is worthy to plan for your future. There is nothing wrong with wanting to make your money work for you. It’s wonderful that you want to budget in order to achieve your financial goals.

You are not alone when you say that you want to be financially free. You know better than to let other people manage your money for you.

 Your self-worth dictates your net-worth. It’s not the other way around!

O – O is for Outcomes

You obviously know how much you earn per month, right? You’re well aware of how much your income is. But are you also tracking your outcomes?

Do you know what you do with what you have? Where does your money all go? You can only know this by tracking your outcomes objectively. Use a saving and spending plan (read: budget) to help you with this.

Here is a simple spreadsheet that you can use so that you can get started.

Track your outcomes to know what you’re working with. It can help you realize that spending less than you earn is possible.

M – M is for Marriage

Oh my gosh, don’t marry for money! Don’t even be in a relationship just because of the money involved. This is disaster.

You are not that lucky if a rich foreigner marries you. You’re not better than others if your husband is a rich heir to a multinational company. You’re not that impressive if your partner buys you insanely expensive dresses every week.

Girl, if you’re in a relationship with someone just because of money, don’t be shocked that he may start treating you as if you were his property.

E – E is for Emergencies

 That’s right – do you have your own emergency fund yet? If you don’t have one, get started with saving 3-6 months’ worth of your expenses in an account.

This is so that when you lose your job unexpectedly, when your health insurance doesn’t cover your medical bills or when you need to take a 2-week leave to take care of your sick parent, you’re covered.

Asking money from your lover isn’t an emergency back-up plan.

N – N is for Necessities

You need to know what your financial goals are so that you can plan for them. After working on your emergency fund, what do you plan to do next? Retirement? Advanced education? Condo? Car? Travel around the world when you’re 30?

You need to make your money work for you – you need to invest for financial success. For every financial goal, you should know your HR: your horizon and your risk profile.

For example, for your retirement goal:

Horizon: You’re 25 and you want to retire when you’re 60: 35 years

Risk Profile: Equity mutual funds or direct stock market investments can be right for you – they give high-returns and high-risks but you can ride through the risks since you have 35 more years.

Don’t fully rely on others to manage your money for you. You worked for this money. Youearned this money.

So, you have the right and the responsibility to control your cash. Don’t be Snow White. Don’t be Belle. Don’t be Cinderella.

Be Mulan instead.

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What I learned from Icon2013

If you want to grow, spend time with great people, visit great places, attend great events, listen to great tapes
-John Maxwell, Invaluable Laws of Growth


Since I want to invest in my personal growth and in financial literacy, I attended the iCon2013 No Nonsense Investing Seminar last Saturday. Attending the said event was one of the unforgettable day of this year. So I listed down the things I've learned from the seminar.

Chinkee Tan about Entrepreneurship

• Aside from thinking positive that he wants everyone to learn, he shared the secret of successful entrepreneurship 

1. Mindset + Actions = Results.  This equation states that, negative mindset plus negative action is equal to negative results, and so positive mindset plus positive action is positive results.
2. Never Put Egg in One Basket. He said in order to get a high profit, entrepreneur shouldn't settle putting their money in one business
3. Never kill the goose that lays egg. Whatever your source of income is, you should protect it. 
4. Create Money. This illustration will always be generate income.
5. Create. Handle. Grow. Protect. Entrepreneurship is a cycle. You should know how to make it grow and then protect it. 

"People Remain poor not because they're lack of money, but they are lack of knowledge-Chinkee Tan

Efren Ll. Cruz on Investing Planning 

• Efren Cruz is a Registered Financial Planner who shared 5 Investing Rule 

1. Asses your Risk 
2. Are you all SET? ( Size of funds, Expertise in Investing, Time availability in Investing)
3. Before you invest, Investigate
4. Diversify
5. Review your perfomance

Dennis Sy on Money Values

• I dont want to be biased but, Dennis Sy is my favorite speaker that day. He was entertaining the audience. He was not just shared investing 101, but he shared values and intentions in investing. 

Six Universal Values
Primary		Secondary
God		Money
Life		Food
Body		Clothes

"You can keep your bank account, but it can't love you" Dennis Sy

Marvin Germo on Stock Market Investing 

• So if you haven't invested yet, you should invest because.....

1. It (Stock Market) c allows privately companies to be owned publicly. 
2. It gives mass population access to trade. 

• If you already invested you should... 

1. Stick to your plan
2. Study.Study.Study
3. Build your own conviction
4. Accumulate

"When you invested in the Stock Market, you should have your goals. Ans stick on your goals that no matter how many ups and downs stock market may encounter, you will not sell your shares, unless you reach your goal". Marwin Germo

Randell Tiongson also showed us, some on his book content ( By the way, it will be available on August). Here it is. 

I found it helpful, especially for me, who plans to invest in stock market soon. 

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