SOCIAL MEDIA

ATM Card Mistakes That We Should Avoid

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In this generation, it seems that we can easily get money. But this also entails we can easily spend it. This is because more than anything, money is represented in various forms like credit cards and ATM cards. We can withdraw money just about any time. But who are we to complain? Opening a savings or checking account in a bank comes with a free ATM or debit card. This could mean we could be able to get immediate and convenient access to our savings. This is definitely great news.

However, in spite of the accessibility that the ATM cards could provide we as owners must be responsible with its use. As such, in order to maximize it, here are some of the things we need to avoid doing with it.

Mistake 1: Putting all your money in your ATM

One evident mistake of many ATM card holders would be putting all their money in their ATM card. I know that some ATM cards are connected to their savings account however it is highly suggested that you get to have a separate non ATM savings account. The reason being why you should not put all your money in your ATM card is because you can easily spend it. You would be confident to shop and spend around since you know you can withdraw your money in any ATM machines. This then defeats the purpose of having a savings account in the first place. The temptation to shop and spend will always be there especially if you know your ATM still has money.

Mistake 2: Withdrawing anywhere

There is no denying that one can withdraw money from just about any ATM machines. However, be mindful if you withdraw cash from a machine different from your bank. There are fees associated with every transaction and some of these fees are pretty heavy. That is why, always make the effort to use your card in the right bank machine. Those little fees can still be used to something important. In order not to commit this mistake, always plan ahead and identify how much money you would need and withdraw it from your bank. This is also a good avenue to know how to budget your money.

Mistake 3: Using it in every purchase

Our ATM cards also serve as debit cards. It can now be used for shopping and even online. You will only need to show your card and press your pin number and voila, your shopping transaction is paid for. Though debit cards are way better than credit cards, using our ATM often for this purpose can lead to more shopping spree. As much as possible use cash whenever you shop since we are more hesitant to use it.

As ATM card owners, we must be responsible with its use. To date, there are many advantages it can provide like convenience and accessibility. However, it is imperative that it should be used to aid us and not a card to abuse. 







P.S. To those doing the 52 Week Money Challenge and 52 Week Money Challenge Version 2, it is Week 24 already! Did you deposit the next amount yet?

P.P.S Want to know more about investing, savings, stock market and more, check out my reference here. You can download free ebooks and resources too.

Rio Dela Cruz – The Running Entrepreneur

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Rio Dela Cruz has earned himself the title of The Running Entrepreneur simply because his passion was solely on running. Even at an early age, he saw himself running and his passion drove him to heights he could never imagine. He was so persistent in running that he didn’t mind running barefoot – a feat that most of the runners in his school couldn’t match. When he tried out for the varsity, he was chosen over by two other people but when the chosen ones weren’t able to attend trainings, he insisted that he should be on the team. The very first race he joined, he ran barefoot and got first place.

“My main goal was to finish my education, so I kept running, running and running. And because of running I got accepted into the University of the Philippines. I finished Bachelor of Science in Physical Education.”

When asked about how he juggled running and studying at the same time, he recalled that he woke up in the early hours of the morning to run then sleep again for a few more hours before class then at the end of the day, he would hit the sack early.

“When I joined my first race in UAAP, I was able to finish second and was able to get the Rookie of the Year award. During my second year, I established the record in the UAAP 10-kilometer [run]. In my third year, I won three gold medals from three events,” Rio recalled.

After he graduated from UP, he got a job at Manila Water Company. he resigned after a few days because he got a sponsorship for the first race he organized. His race was sponsored by Sta Lucia Realty with an amount of Php120,000.

The very first run he organized attracted 1,888 runners and recalled organizing it as a one-man army of his running company called Runrio. He recalled delivering running jerseys with his motorcycle and manned the registration tables in different locations. Today, Runrio has 35 employees and organizes 80% of the runs held in Metro Manila. Late last year, he hosted the Run for Pasig River which also earned a spot in the Guinness Book of World Records for most people in a foot race.

“My goal is to sustain running in the Philippines… to give proper equipment, training and education to runners,” he declared.

Coach Rio's five key lessons on success

1. Know how to sell and brand yourself.
2. Innovate and create good client experience.
3. Apply past experience and lessons learned.
4. Plan ahead of time then check implementation.
5. Manage failure and accept glitches with humility.






P.S. To those doing the 52 Week Money Challenge and 52 Week Money Challenge Version 2, it is Week 24 already! Did you deposit the next amount yet?

P.P.S Want to know more about investing, savings, stock market and more, check out my reference here. You can download free ebooks and resources too.

Saving your Spending Challenge

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There is no denying that saving can be hard. Considering the many expenses that we have and temptations, we often neglect this very important task with regards to our personal finance. That is why, there are many challenges in the net that can greatly aid us in making saving a habit. Take for instance the 52 Week Money Challenge.

Yet, if you are interested to quickly increase your savings one way to put it would be to eliminate expenses. However, we have varied needs to meet every single day like our primary expenses and others as well. That is why, we cannot duly eliminate the need to spend. However most of the time our wants overlap our needs. We often satisfy our wants first. We also have that tendency to bloat our needs making it more expensive than it used to be. Take for instance, buying a more expensive item rather that an inexpensive alternative. Then we justify it is a need and not a want hence spending that much can be rationalize.

In order for us to religiously be able to save regardless of situation we can try the ‘Saving your Spending Challenge’. This is a very simple challenge to begin with. A relatively no brainer one. However, it involves a lot of decision every single time. But don’t worry it wouldn’t be that hard.

The concept of the ‘Saving your Spending Challenge’ is to simply ask yourself whenever you create a purchase if you can be able to equate the same amount and save it. For instance, if you are planning to eat somewhere fancy and spend as much as 1,000, simply ask yourself if you could be able to save the same amount. If yes, then you can go ahead and dine and save the same amount afterwards. If not, then perhaps you may need to rethink on how you are spending your money.

Do remember that the money we are talking about here must be outside the money you are currently saving. For example, if your salary is 10,000 a month and you save 2,000 a month, the money that this challenge requires must be outside the 2,000. Going back to the example earlier if you wish to dine for 1,000 and save 1,000, your total savings then for the month would become 3,000. The 2,000 monthly savings will not cover the fancy dining.

We highlight many benefits with this kind of challenge. For one, you can be able to save on top of your savings. If you don’t save at all, this can be a good starting point to save. Second, you can be able to increase your savings tremendously. Third, you will have to think twice with regards to your frivolous and unnecessary expenses.

Saving your Spending Challenge can be pretty tough at first. However when you see your money grow, you would be delighted and you would even be surprised that you can be able to save that much. Hence, if saving is currently a chore for you, try this challenge today. 






P.S. To those doing the 52 Week Money Challenge and 52 Week Money Challenge Version 2, it is Week 24 already! Did you deposit the next amount yet?

P.P.S Want to know more about investing, savings, stock market and more, check out my reference here. You can download free ebooks and resources too.

52 Week Money Challenge Personal Update


Can you even imagine that we are now on the 23rd week of the 52 Week Money Challenge? I can still remember how it all started way back last January. So how’s the challenge so far? Having a hard time or is it like a walk in the park? Remember, if you are in the verge of giving up look back at your motivation and your goal. Why did you start the challenge? Why are you saving up? Let that be your drive to proceed and continue. Never give up. Simply imagine the outcome of the challenge. It will be you who will benefit it the most.

So allow me to present my update of the 52 Week Money Challenge. I already deposited the amount for Week 23 and even deposited more for the latter weeks of the year. If you have been wondering why, I incorporated the pay it forward mechanism in which every payday I would deposit in advance bigger amounts to suffice the months of October to December. With this mechanism, I can be able to finish the challenge faster. As such, I already have 33,600 total amount saved from the 52 Week Money Challenge. It is that huge already! Can you imagine that? I am just pumped up to save more and more even outside the challenge. Even more, my priorities and goals shifted. Instead of buying a designer bag might as well invest the total amount for my retirement and see it grow over the years.

Hence, if you want a nice way to save up your money, better do the 52 Week Money Challenge. It can definitely change your perspective with regards to savings and money in general. It might not be easy but hey it will be worth the journey! So enjoy the challenge and I am sure you will emerge victorious. 







P.S. To those doing the 52 Week Money Challenge and 52 Week Money Challenge Version 2, it is Week 23 already! Did you deposit the next amount yet?

P.P.S Want to know more about investing, savings, stock market and more, check out my reference here. You can download free ebooks and resources too.

3 Strong Daily Habits of The Rich and The Wealthy

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Ever wondered how the rich would start their day? Are you interested to know their strong habits that put them in that spot? What could be the common denominator of the current billionaires that we have? Can we also implement it in our lives?

In order to determine what sets the rich from the others, Author Thomas Corley conducted a five year research with regards to the daily habits of the rich and the poor. In here, he interviewed 233 wealthy individuals. This is enough to ascertain patterns and determine their daily habits.

Hence, let us take a sneak peek of the life of the rich and the wealthy.

Habit 1: Goal Setting

80% of the rich are focused on accomplishing a single goal and 81% of the rich maintain a to-do list

The rich individuals have clear goals in mind. They tend to also align their steps and their efforts in order to accomplish it. Before heading to work, they already have a few tasks they would want to accomplish that day. Aside from their short term goals, they also have long term goals. The long term goals are also items that set them apart. Such goals are relatively huge yet not impossible. The others would just be contented reaching mediocre goals in the near future. The rich ones don’t settle for anything less. Such are relatively big to imagine yet slowly and every day they are doing things that will help them reach it.

Habit 2: Waking up Early

44% of the rich wake up three hours before work

The rich are the ones who rise early. Even before the stars are out they wake up and start their day as early as they can. They know that time is money however the rich thinks that every day is another day to earn more. This could be in the form of a new client or more sales for their business. This could also mean new ideas in order to expand their business or another day to learn new things. That is why, they don’t waste the day. Every day, they keep their motivation high that is why waking up early is not a chore for them. I remember a very successful businessman who wakes up as early as 4am in order to start running his business. Imagine, while all his employees are still in deep slumber, he is already pumped out to run a business.

Habit 3: Continuous Learning

63% of the rich listen to audio books while commuting to work and 86% of the rich love to read

So you think education stops after graduation? The rich begs to differ. As such they never stop learning. They read books or listen to audio books when they have the time. Aside from that they also take up a post graduate degree or even degrees. You might find them engross in reading the paper, learning current events and more. They think of ways to advance their career hence they never stop learning and they never stop reading.

Truly there are many habits we can learn from them. Even more, these may not be set into stone and might not guarantee success yet it would not hurt to adapt it right? These habits can surely help in improving ourselves.  






P.S. To those doing the 52 Week Money Challenge and 52 Week Money Challenge Version 2, it is Week 22 already! Did you deposit the next amount yet?

P.P.S Want to know more about investing, savings, stock market and more, check out my reference here. You can download free ebooks and resources too.

A Million Thank You!

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Thank you thank you thank you for taking the first step towards financial freedom by purchasing my ebook entitled “How To Save as much as 68,900 in 52 Weeks: The 52 Weeks Money Challenge”. I hope I could hug you right now but nonetheless I’m giving you a tight virtual hug. *virtual hug*

I hope that this ebook will help you on your journey towards financial literacy and paved the way to financial freedom. With this ebook comes along my earnest prayer that it will help you how to save and eventually make it a habit and a lifestyle that you would love doing. Furthermore, I hope you would be inspired to save and save and save. Take this challenge without hesitation for in the end, it is you who will benefit most.


I haven’t integrated the automatic delivery option of my ebook hence forgive me if you can’t download the ebook right away. However, I shall be personally emailing you a copy and you can expect it in less than 12 hours. Thank you for your kind understanding.

After reading the ebook, I suggest you take action. Or you can take action while reading it. Be fuelled with the passion of savings and make your financial dreams happen with this very simple step. And you can always make it enjoyable by incorporating the 52 Weeks Money Challenge.

Man up, be brave! Do the challenge today!