Your Life In Perspective

Talking about Personal Finance / Finance Tips with your friends is considered a taboo subject. It is much easier to talk about Physics than about money.

Unlike the government who has Commission on Audit to monitor their spending and made sure that it was spent appropriately. We ordinary individuals only have ourselves to monitor our finances.

You've been thought since childhood that wealth requires hard work, skills, patience, and time.

Last time, I've created a little tool that helps you to calculate how many years will it take to reach your first million. Click 'Million Calculator: How Many Years Will It Take to Reach Your First Million' to try.

Last time, I've created an inflation calculator that lets you estimate how much loss of value your money will have given an inflation rate percentage.

I mentioned in my previous article (Investment Interest Rate and Inflation Rate: An Inseparable Relationship), that you need to find an investment vehicle that offers a much higher interest rate than the average inflation rate.

Let us say you've already deployed your funds to different investment vehicles and are just waiting for it to accumulate over time. However, there is one particular aspect in finance that can break your investments, which is inflation.

Do you want to be a millionaire? Time is your ally when it comes to wealth accumulation. Along with smart investment decisions, guts, and consistency, reaching your first million is not that impossible.

As we celebrate Philippine Independence on June 12, ask yourself the question "Am I really free?".

Unlike the pre-pandemic era where you spend most of your time outside and always on the move, which keeps you at least relatively healthy. The pandemic era confines us to our homes, unable to move much, and at high risk when it comes to health problems.