Journey To Financial Freedom

Persistent consistency. Consistency is when you have a worthwhile goal or objective and you work on it every day or as often as necessary. Persistent is when you take the work “up a notch” each time you do it. By Zig Ziglar

Kuya advise for the

Which is better, Stock Trader or Investor? Read below:

This is How People Lose Money in the Stock Market The stock market is a battlefield. It’s a war between bears and bulls; between technical analysts and fundamental analysts; between traders and investors — there are so many sides fighting [...]

Message To Our Dear Ka-RFFs (May 10, 2022)
by Rampver Financials President & CEO Rex Mendoza

For investment queries, please visit https://bit.ly/3sr0jYE.

https://www.investagrams.com/daily/2017/09/start-investing-philippine-stock-market-step-step-guide-beginners/?fbclid=IwAR2EZf0h9IIhtxz36aLtrct2lAz4czUn8ZzFlgb5s946Pn5krT-rxXKAEiY

How to Start Investing in the Philippine Stock Market: A Step-by-Step Guide for Beginners Do you want to invest but don't know where to start? Check out this easy step-by-step guide and get started today!

Hardwork beats talent, when talent does not want to work hard. Hustle always wins.

If you do not have the cash, the savings or the connections. Focus on what you have - effort, time and focus. When you are faithful with that, you will know what to do when the cash, savings and connections come your way.

Wealthy Tuesdays.

Make your life better by taking care of yourself and your family so that you can help others too!!!

Some Lessons on Finances

1. Must have EMERGENCY FUND - enough for 6 months of expenses/current lifestyle.

2. SAVE MONEY and MONEY WILL SAVE YOU. Don’t save what is left after spending. Only spend what is left after saving.

3. Best to have ZERO DEBT, if you can’t pay cash, you CAN’T AFFORD it, nothing beats PEACE OF MIND.

4. Avoid unnecessary spendings, forget sale price, everything is 100% off when you don’t buy it. Don’t waste your money on things that you don’t need, even if they are cheap. EVERY PESO COUNTS!

5. Learn to BUDGET - it is telling your money where to go instead of wondering where it went!

6. If we buy things that we don’t need, we will have to SELL THINGS THAT WE NEED.

7. PRETENDING TO BE RICH can make us poor. Must learn to live BELOW MEANS. Don’t go broke trying to look rich. ACT YOUR WAGE.

8. MONEY IS NOT EVERYTHING, but we cannot deny the fact that we need money for our family.

Credits to Business Women
(Copy paste from A-Team)

Opportunities come and go, some without warning. You must be prepared in order to succeed! Practice day in and day out, so when that opportunity arises you are ready to face it head-on.

https://youtu.be/Xs35cWgER8s

Minute With Maxwell: [Opportunity] - John Maxwell Team Opportunities come and go, some without warning. You must be prepared in order to succeed! Practice day in and day out, so when that opportunity arises you a...

Ants are great teachers (Pr 30:24-28).

There are things you can learn from ants that will help you professionally more than your academic or technical education. Ants are diligent and prudent: diligent by working hard without coercion, and prudent by saving part of all production. These two basic necessities for success are generally neglected in modern societies, where pleasure is emphasized and deficit spending is encouraged.

What is a sluggard? A person who is slow, lazy, and does not like to work hard. He is a pain and risk to those that must rely on him (Pr 10:26). Diligent men, or those that work hard, will be successful (Pr 10:4; 12:24; 14:23; 22:29; 28:19), but lazy men, who avoid hard work, are losers (Pr 6:10-11; 12:24; 19:15; 20:4,13; 24:30-34). Are you a sluggard?

Sluggards are too arrogant to be taught (Pr 26:16), so Solomon mocked them with ants. If they were to watch ants for a few minutes, these haughty bums could learn success, for ants are much wiser than sluggards. A Harvard MBA is not as useful as what is taught in your yard everyday. But sluggards are too proud to learn from the very small teacher.

Sluggards stay in bed, for they love to sleep (Pr 6:9-11; 20:13; 24:30-34). They have the energy to turn back and forth in bed, but barely enough energy to get food to their mouths (Pr 26:14-15). They want the good things of life like others, but they do not want to work for them (Pr 13:4; Ec 10:15). Lazily staying in bed is too comfortable and pleasant for them.

Think about ants. They have an excellent work ethic, unlike sluggards. If you get down in the grass and watch these little creatures, you quickly see the wisdom and useful habits. Ants do not sleep beyond daybreak, and they do not take siestas, so do not worry about waking them in the morning or in the afternoon. They get up, get to work, and stay at work.

They are always moving, quickly and energetically. They work efficiently. They work tirelessly. They do not stand around, sit around, or drag through their work. They work fast. They do not pace themselves to spread work out: they go right at a project and work hard until it is finished (Eccl 9:10). They hustle! They will not quit until the job is done.

They do not need supervision (Pr 6:7), for they get to work and find something to do without direction. They do not have to be ordered or threatened. They do not have to be reminded frequently of what is expected. What a difference from the sluggard, who must always be prodded to get anything done. Ants have a conscience from God to work hard.

When times are good, they work extra hard to store up for bad times (Pr 6:8); they do not take it easy because there is the appearance of plenty. They store surplus rather than eat it all. They deny themselves short-term pleasure for long-term prosperity. In their wisdom, they even bite off the ends of grain kernels to keep them from germinating in storage.

They do not have union rules or selfish habits keeping them from helping others. They eagerly try to outwork each other by focused and tireless efforts. If one is moving something too large for it alone, others will help him get it where it needs to be. They are committed to helping their whole colony succeed. They are not selfish loners.

They do not choose the easiest way or get discouraged if the job cannot be quickly finished. When facing difficulties, they energetically try again and again until they are successful. They will go great distances from home in order to find their food. They will get into houses, cars, and just about anything in order to find what they need.

Dear reader, consider the ways of these little people. Are you like the ant in the way you attack your job every day? Are you like the ant in the way you discipline your spending to save some of all your income? Hard work will do much more than talking (Pr 14:23), dreaming (Pr 28:19), or sleeping (Pr 6:9-11; 20:13). Get busy! Financial prudence will do much more than spend (Pr 21:20) or waste (Pr 18:9) income. Put some in savings today!

credit to: Proverb Commentaries by letgodbetrue.com

Savings, Investments, Insurance… you need all of them.

"Life is a journey, not a destination"

The journey is about growth. It’s about living. And learning. These are only a handful of the lessons I’ve learned along the way. Enjoy the Journey. Don’t worry about the destination. Things work out.

Be yourself. Love more.

Xin Nian Hao! Happy Chinese New Year!

May this year unleash our confidence to conquer challenges and reach our financial goals. I wish you good health and good fortune this 2022.

I remember the first time I applied for a loan ages ago. I was so nervous 🤣. No idea why, it was the ultimate adulting move for me then. Here are some words you need to learn to be more comfortable with the process, para sa mga nag-aadulting dyan.

1. LOAN AMOUNT - If you are buying a house and it costs 1M, your loan amount is usually 80% of that number. The 20% is your equity, ensuring that you have the financial capability to buy the property. Huwag pong uutangin sa iba ang 20%. If you don't have the 20%, ipon muna before buying.

2. INTEREST RATE - The prime rate is given to clients who is considered by the bank as the least risky. Kilala na sila, kumbaga. The rest of the population gets higher than the prime rate. Kung may credit card debt ka na di mo nabayaran, or lagi may bounced checks , malamang di ka ma-approve or bibigyan ka ng mataas na interest rate. Based on my informal survey online, prevailing interest rates now are at around 6% to 8%. But a March 2020 document from the Bangko Sentral ng Pilipinas shows that two online banks have some of the highest at 36% (CIMB) and 33% (Maybank). Interestingly, the lowest in the list is also CIMB at 1.13% and Sumitumo Mitsui at 3.5%. DO NOT DEFAULT guys. If your loan is in the millions, a 36% interest plus late payment charges is masheket.

3. SECURITY OR COLLATERAL - this is the property that is held by the bank until you finish paying off the loan in full. Kaya kinukuha yung titulo after the loan is approved.

4. PREPAYMENT - If any lending company or bank tells you there is a penalty for prepayment, please quote Republic Act 7394 or the Consumer Act of the Philippines, Article 137. You have the right to prepay without any penalty.

Hosya porsya, eto muna class for today hihi. Tell me naman sa baba if you like these kinds of posts ha. And share if you do. Talk soon!

We have always been conditioned that NO is a loss but in reality it’s a springboard for what’s next.

In business, investing and life you will get more NO’s than YES but it actually does not matter because you only need a few YES’ to change the trajectory of your business, investments and life.

How do you start your Monday?

I understand we all start our week differently. As for me, always with a coffee while having my morning moment with God and whenever I'm not in a rush, to breathe fresh air and smell the flowers from our backyard (-:

And lastly, set a few goals and schedules for the week.

Happy Monday everyone! Let us all have a great and productive week ahead..

Don’t waste the prime years of your life in a place that’s backward where you can’t grow or flourish. Move and leave if you must and go to where you can thrive and be better.

5 New Years Money Resolution
by Rex Mendoza

1. Start setting your goals
2. Add 2 income streams
3. Set a budget expense
4. Invest regularly
5. Monitor your progress

"We never save and invest to make money. We save and invest to fulfill financial dreams and achieve financial goals."

Have a COMPELLING VISION of who you will be and what you will have.

https://www.youtube.com/watch?v=WaSDqGytQhA&list=RDCMUCreMCCwWgFzjw_tqfRUi92Q&start_radio=1&rv=WaSDqGytQhA

www.youtube.com

Start your financial journey this 2022!
Visit https://invest.rampver.com/inquire/mutual-funds.html?id=quote to know more!