Millionaire Acts

Financial Graces that Can Leave You In Financial Ruin

Tyrone Solee — Wed, 18 Apr 2012 13:38:41 +0000

The recent recession left many people in financial ruin. In order to make ends meet, people had to do drastic things to their personal budgets. However, many people were actually taking money away from the wrong places and making their financial situation worse. No matter what your financial situation, there are some things that should [...]

Accounting for your Savings

Tyrone Solee — Mon, 09 Apr 2012 16:19:49 +0000

The recent financial crisis has brought home the importance of increased savings for many people. Of course, with interest rates provided by banks at a historic low, some people avoid saving even while they know they should. For those prepared to dig a little deeper in their pockets, the good news is that there are [...]

The Difference Between Being Rich and Being Wealthy

Tyrone Solee — Sat, 03 Mar 2012 06:53:20 +0000

Being rich and being wealthy seems to be synonymous as both involves having a lot of money. However, there’s a big difference between the two. If you notice, there are a lot of so-called ‘get-rich-quick’ schemes but there are no ‘get-wealthy-quick’ schemes. The main difference between being rich and being wealthy is knowledge. Wealthy people [...]

Why Seasonal Spending Saves You Money

Tyrone Solee — Wed, 15 Feb 2012 05:58:17 +0000

Instead of waiting until the last minute to make a purchase, seasonal spending can be a real money saver. Sales come in cycles. You cannot sell ice creams on winter. Likewise, you cannot sell winter clothes on summer. Depending on the time of year and if you are a savvy shopper, you can take advantage [...]

Free Online Calculators for Fixing Your Personal Finances

Tyrone Solee — Wed, 08 Feb 2012 07:09:06 +0000

Calculators are essential part in managing our personal finances. As they said, numbers don’t lie. They tell you exactly how much is needed to reach your desired savings goal or payments of your bills. Through them, we can our keep track of our developments towards the goal that we aim. Ultimately, we need to save [...]

Witness the Power of Kindness

Tyrone Solee — Wed, 25 Jan 2012 19:04:36 +0000

Kindness. This is what God’s gift to mankind. He gave us conscience and sympathy to deliver kindness to others. If you want to be blessed in life, show kindness to others. It creates a chain reaction of delivering kindness to other people. It follows the universal Law of Karma. When you do more good things [...]

Spending Money to Make Money

Tyrone Solee — Wed, 18 Jan 2012 16:42:22 +0000

Have you ever heard the phrase or been told you have to “spend money to make money”? Perhaps this is a new phrase to you as personal finance is all about saving and frugal living. Essentially, the phrase means that you if you allocate financial capital or resources into a particular endeavor, you will create [...]

The Three Piggy Bank System

Tyrone Solee — Tue, 27 Dec 2011 07:25:42 +0000

When we were little kids, we used to have piggy banks. Our parents used to tell us that we should save money. As kids, we are already taught by our parents the value of money. Every time we have some coins, we usually drop it to our piggy banks until it’s full. I remember when [...]

Good House Keeping December 2011 Issue Features “5 Money Questions to Ask Yourself”

Tyrone Solee — Sun, 25 Dec 2011 02:58:14 +0000

Merry Christmas everyone! Today is another day of the year to celebrate and be thankful for all the blessings that we received. Although I experienced some rough roads this month which included the disablement of my ‘online bank account’ and the further delay of the yields of my angel investing activities because of some problems [...]

The Difference of Angel Investors vs. Venture Capitalists

Tyrone Solee — Wed, 23 Nov 2011 10:45:55 +0000

For business owners, there are a lot of ways to fund your business. You can take a loan from the bank or cooperative, use your own savings, or borrow money from angel investors and venture capitalists. For investors, one way to grow your money is to become an angel investor and venture capitalist. Both types [...]

New Rules of Money: FOCUS

Tyrone Solee — Tue, 08 Nov 2011 08:38:19 +0000

Investing is all about taking risks to grow our heard earned money. We’ve been hearing a lot about diversification when it comes to investments as we usually hear ‘don’t put all your eggs in one basket’. “Diversify! Diversify! Diversify!” That’s what most people tell. However, according to Robert Kiyosaki, that investment rule is for average [...]

Marriage and Money

Tyrone Solee — Wed, 02 Nov 2011 16:52:59 +0000

Admit it or not but in today’s generation, a lot of people have considered financial stability as one criteria in marriage. Practically speaking, who doesn’t want to have a comfortable life anyway? Most often, women want to marry men who are financially stable for a secured future. Here in the Philippines, it is very common [...]

How Penny Auctions Site Such as PisoBid Works

Tyrone Solee — Thu, 27 Oct 2011 17:15:09 +0000

In my quest for financial freedom, I saw that one of the best business models is an internet business. Aside from the fact that most internet businesses are not both capital and inventory-intensive as compared to traditional businesses, they are also very portable which means you can carry it wherever you are in the world [...]

Steve Jobs Inspiring Quotes and Lessons

Tyrone Solee — Sun, 09 Oct 2011 08:16:03 +0000

This article is a bit late because Steve Jobs died few days ago. He has always been the visionary man behind the success of Apple, Inc. In fact, during his leadership, Apple’s stock (AAPL) went up from $5 in September of 1997 where he assumed the position of interim CEO after he was to the [...]

Types of Taxes When You Have a Business in Philippines

Tyrone Solee — Sun, 09 Oct 2011 03:31:50 +0000

There are only two things assured in this world: death and taxes. When you have a business, you also become the government’s unwilling tax collector. There are several tax laws that you need to familiarize yourself with and the best thing to do is to consult a practicing CPA or a tax lawyer. For the [...]