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Pond of Reasons

This category contains 62 posts

Great fables on saving

In a field one summer’s day a Grasshopper was hopping about, chirping and singing to its heart’s content. An Ant passed by, bearing along with great toil an ear of corn he was taking to the nest. “Why not come and chat with me,” said the Grasshopper “instead of toiling and moiling in that way?” … Continue reading

The cost of laziness

Too tired? Don’t have time yet? You may come up with all sorts of excuses as you like but the simple fact remains – laziness can cost you money. Below are some examples of how people waste away money because of their laziness or indifference: · Not having a plan – Failing to plan is … Continue reading

Financial Independence

Each of us wants some kind of freedom. Our country, for example has this day before the end of every first semester, June 12, 2012, which this year’s celebration marked the 114 years of Philippine Independence. We have fought long and hard for our freedom as a people. The price we paid to achieve it … Continue reading

Wedding plan

Since we were talking about marriage and finances the last time, perhaps it would be good to talk about the part when couples are just about preparing to enter married life. A wedding can easily be the most expensive occasion in a couple’s life but it doesn’t have to be. With careful planning and preparation, … Continue reading

Marriage Financial Health

“For better or for worse… For richer or for poorer… ’Til death do us part.” This is what spouses promise each other in the sacrament of matrimony. Unfortunately, many marriages fall apart at the height of financial difficulties. According to the Book Cents and Sensibility by Bethany and Scott Palmer, there are several reasons why … Continue reading

Women financial power

Women enjoy more freedom and power today than at any point in time. However, they face unique financial challenges that require them to handle finances differently from men: · Women are said to have a higher life expectancy than men. On average, women outlive men by 5 to 8 years with some married women living … Continue reading

Teaching teens’ responsibility

Teenagers, or those falling in the age range 13-19, experience numerous changes physically, socially and emotionally. Once regarded as a tumultuous phase of life, the teen years should be taken as an opportunity to set children to the right path in their transition to adulthood. Teaching teenagers about money management and inculcating in them the … Continue reading

Finance for youngsters

Money can mean different things to different people at different stages in life. To a toddler, “money” is the clinking sound produced everytime a coin is dropped in a piggy bank. To a preschooler, it is all the toys and candy he can buy. To a teenager, it is having an iPad like the rest … Continue reading

Maintaining your good credit, part 2

As gleaned from the last issue, credit score is a very important number in personal finance. It can affect our application for mainly all types of loans. Good credit helps boost credit score while bad credit almost always pulls it down. Most improvements to credit score take place over time and require an ongoing effort … Continue reading

Maintaining your good credit, part 1

Let us realize that there is value in protecting our credit rating and building a good credit record over the years. The use of credit should be matched with responsibility. Essentially, good credit is an asset that can help to fuel our future wealth. Credit, as defined by CreditSmart Asian, is the ability to borrow … Continue reading

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