Personal Finance Education: Free YouTube Videos to Grow Your Money

HAPPY NEW YEAR to All! It’s great to start the promising year learning personal financial tips from the expert via free videos you can download or view online. These personal finance education free YouTube videos were brought to you by Mr. Francisco J. Colayco, entrepreneur, businessman, financial adviser and video-sharing website YouTube owned by Google. Mr Colayco shares his expertise in personal finance and investing with these 10 videos also called Ten Commandments on Personal Finance.

Commandment #1: Pay Yourself First.
Income – Savings = Expense
Savings should not be the other way around which is Savings = Income-Expense. Use the 80/20 Rule and pay yourself first. Set aside 20% of your monthly income for savings. This will go a long way. Use only the remaining 80% for expenses.

Commandment #2: Define your Financial Target at Each Phase.

People go through 4 stages in his financial journey:

1. Start up Phase – All your income comes from active income (personal effort/sweat).
2. Build up Phase – 20% of income comes from passive income
3. Fine Tuning Phase – Income comes from 50% of passive or investment income.
4. Retirement Phase – All income comes from passive or investment income already.

At each stage, define your financial goals! Make a balance sheet and define your assets and liabilities. Remind yourself of your worth everyday. Each year, aim for your assets to increase.

Commandment #3: Stop Spending on Things that Decline in Value.

Invest on Things that Earn for you! Every asset should be an earning asset!
Sometimes we tend to splurge our earnings on things like cars which depreciate in value over the years or buy land which is of no use to us at the moment. This should not be. Although land may increase in value over the years, idle land, is actually an expense for you because of the taxes that you will be paying every year. And If you really need a car, just go for something within your means.

Commandment #4: Protecting Your Greatest Asset: Yourself.

We must have financial fall backs during emergencies. First, insure yourself (Life Insurance and Health Insurance). Not for yourself but for the love ones who you will be leaving behind but are dependent on you. Next, get a Health insurance. This time this is for yourself. Third, develop your spiritual health. This will bring you peace of mind. Lastly, continue developing yourself. Knowledge is power.

Commandment #5: Grow with the Economy and Beat Inflation.

There are 2 ways to beat inflation. First is to earn more than the inflation rate. Second is not to buy products that increased in price greater than the increase in your income. Aim to earn 2-4% greater than your countries inflation rate.

Commandment #6: Trust the Power of Compound Interest.

When we save, do not be tempted to use your earnings for personal use right away. Instead leave the earnings, learn to roll it, let it earn through compounding.

Commandment #7: Assess risks and option: the higher the return the higher the risk.

Some financial institutions offer super high returns which are unattainable at times. Beware of these as they are more likely to be a scam. Remember: The higher the returns, the higher the risks!

Commandment #8: Make Money Work For You – The Power of Leverage

Sometimes borrowing money is not bad if you know where to use it. A debt is good if you are able to invest this and earn more than the interest rate of the debt. Just make sure to pay back on time so as not to increase your debt because like your savings, your debt can also compound in interest.

Commandment #9: Invest and Diversify

Start investing to earn passive income such as stocks, mutual funds, bonds, real estate or online real estate. Take note though that what may work for others may not work for you. Then learn to diversify. Don’t put all your eggs in one basket. Diversifying makes your portfolio more stable in such a way that if one segment drops, your other investments can pull you up.

Commandment no. 10: Use the Power of ONE: Strength in Numbers

Join cooperatives, organizations, or associations that have the same financial goals as yourself. These organizations can help you earn more especially if you only have a little amount to invest. Some organizations offer fund pooling so the group can invest in less riskier but with higher return investments. Find one in your neighborhood now!

Francisco J. Colayco, Ph.D., is an entrepreneur, a venture developer and a financial advisor. He is also the Chairman of the Colayco Foundation for Education, Inc. Other than performing advisory services to business and professional organization and individuals, he takes the lead in educating the general working class, OFWs and students on how to manage their personal finances. His advocacy is further exemplified in the books he has written: Wealth Within Your Reach. Pera Mo, Palaguin Mo! Consistent bestseller in 2005 and 2006 and won the 2004 National Book Awards in Business and Economics. Making Your Money Work. Pera Mo, Palaguin Mo! 2. A consistent bestseller in 2006 and nominated in the 2005 National Book Awards in the business and economics category. Pera Palaguin Workbook, written together with Dr. Helen Valderrama is also a consistent bestseller in 2006. He has recently written Money for Kids. Pera Mo, Palaguin Mo! A Parent/Teacher’s Guide to Financial Literacy for Kids together with Dr. Nina Yuson Lim.

Mr. Colayco’s over 40 years of working experience covers service contracting in the Middle East, manufacturing, trading, construction, shipbuilding, management consulting, banking and financial services. He was conferred a Doctorate in Humanities Honoris Causa by the National University. He holds degrees in AB Economics and Masters in Business Management from the Ateneo de Manila University.

Hope these personal finance education free YouTube videos will give you lessons on building wealth, investing and realizing your financial goal to financial freedom.

If you like this Early Retirement Investments post, please share to your friends on Twitter, Google+ and Facebook. I appreciate your click in any of the three elegant social media buttons below. THANKS!

Cheap Holiday Deals Ebooks to Make Money Online

For three days you can get cheap holiday deals from ProBlogger. You can save 50% on these three great Problogging eBooks that can help you make money online in 2012 and beyond.

 

Deal #1: If you’re just getting started ….

Get First Week Of Blogging – $9.99 and it’s yours!

ProBlogger’s Guide to your First Week of Blogging guides you, step by step, through your first week of blogging so you can make the most of those critical first few days while setting up your blog.

It covers: niche selection, audience targeting, content planning, social media and promotions, post ideas and more.

Click here for details & 50% off

(Normally $19.99, but you can get it now for only $9.99 through Friday December 23rd)

 

Deal #2: If your plans are to turn your blog into a page view power house next year …

31 Days To Build A Better Blog (2012 edition) just $14.99!

New and updated for 2012, 31 Days to Build a Better Blog is a downloadable ebook designed to help you revitalize your blog. One step at a time, it will transform your blog into the page view powerhouse you’ve always dreamed of — because we all love seven digit numbers on google analytics!

Click here for details & 50% off ($29.99, but get it this week for only $14.99!)

See Clicknewz Review This is a great workbook that you can print and keep on your desk. It’s a great guide to refer back to time and again as you continue blogging!

 

Deal #3: If your plans are to start earning real money from your blog in 2012 …

The Bloggers Guide To Online Marketing (normally $99) now $49.99.

A comprehensive, 31 chapter blueprint for your blog’s ongoing profitability – right from the ground up (AKA more cash!). Backed by an extensive library of practical templates, printable worksheets, and in-practice example documents, this kit delivers all you need to make your blog turn a profit now, and over the long term.

Click here for details & 50% off (Normally $99, but you can get it now for only $49.99 through Friday December 23rd) See Clicknewz Review.

These 3 deals are good for 3 days only, so make sure you don’t miss your chance to pick up a last minute Christmas bargain.

Note: These half-price deals are only good until Friday 12/23, so you’ll want to act fast if you want a head start on having an AWESOME blog in the New Year!

The Best Stocks to Invest in for Long Term Return on Investment

What are the best stocks to invest in right now in the Philippine Stock Market? There are many best stocks to invest your money from more than two hundred Philippine Stock Exchange (PSE) listed companies. For Citiseconline, the number 1 online stock broker in the Philippines, they suggested good stocks to invest in from profitable companies – companies that they believe will be around for the next 10 years or more. Ayala Land Incorporated, Bank of the Philippine Islands, Jollibee Foods Corporation, Manila Water Company Incorporated, SM Prime Holdings Incorporated and Philippine Long Distance Telephone Company are six of the best companies to invest in for long-term investments that also offer high rate of returns, for most of them are best dividend stocks.

Ayala Land Inc. (Stock Symbol ALI)

Ayala Land, Inc. (ALI) was organized in 1988 when Ayala Corporation decided to spin-off its real estate division into an independent subsidiary to enhance management focus on its real estate business. ALI went public in July 1991 when its class B common shares were listed both in the Manila and Makati Stock Exchanges. On September 12, 1997, the Securities and Exchange Commission approved the declassification of ALI’s common class A and common class B shares into common shares.

ALI has organized its operations into several core businesses and support businesses. Its core businesses are composed of strategic landbank management, residential development, shopping centers, corporate businesses, and geographic businesses. On the other end, ALI’s support businesses consist of construction, hotels, property management, and waterworks operations. ALI also derives other income from its investment activities and sale of non-core assets.

In the last three years since 2005, ALI pursued major land development projects, residential and office condominium development, and shopping center operations. Its ongoing land development projects include Abrio at NUVALI, Ayala Westgrove Heights, Ayala Greenfield Estates, and Ayala Northpoint. Residential condominium and townhouse projects undertaken in the past three years included The Residences at Greenbelt. Aside from the traditional office buildings, ALI completed three build-to-suit office buildings for BPO firms. ALI also introduced in 2005 its first leisure community project, Anvaya Cove.

Contact Information
Business Address: 29/F Tower I, Ayala Triangle, Ayala Avenue, Makati City 1226
Telephone No/s.: 848-5000; 848-5313/5675
Fax No.: 848-6059
Email Address: iru@ayalaland.com.ph
Company Website: http://www.ayalaland.com.ph

Bank of the Phil. Islands (Stock Symbol BPI)

Founded in 1852, Bank of the Philippine Islands (BPI) was incorporated on January 4, 1943 and went public on October 12, 1971. In the post World War II era, BPI evolved from a purely commercial bank to a fully diversified universal bank with activities encompassing traditional commercial banking as well as investment and consumer banking. This transformation into a universal bank was accomplished mainly through mergers and acquisitions when it absorbed an investment house, a stockbrokerage company, a leasing company, a savings bank, and a retail finance company.

BPI has two major categories for products & services. The first category covers its deposit taking and lending / investment activities. The second category covers services other than and auxiliary to the core deposit taking, lending, and investing business, and from which is derived commissions, service charges & fees from turnover volume.

BPI’s principal subsidiaries are composed of BPI Family Savings Bank, Inc., BPI Capital Corporation, BPI Leasing Corporation, BPI Direct Savings Bank, BPI International Finance Limited, BPI Express Remittance Corporation, Bank of the Philippine Island (Europe) Plc, Ayala Life Insurance, Inc., and BPI/MS Insurance Corporation.

As of December 31, 2007, BPI operated 830 branches, 1,485 ATMs and 13,181 point-of-sale terminals, to support its delivery of services. BPI also serves its customers through alternative electronic banking channels such as telephone, mobile phone, and the internet.

Contact Information
Business Address: BPI Building, 6768 Ayala Avenue, Corner Paseo de Roxas, Makati City 1200
Telephone No/s.: 818-5541 to 48; 845-5245
Fax No.: 818-8801; 816-9421
Email Address: expressonline@bpi.com.ph
Company Website: http://www.bpi.com.ph/

Jollibee Foods Corp. (Stock Symbol JFC)


Jollibee Foods Corporation (JFC) was incorporated on January 11, 1978. JFC’s principal business is the development, operation, and franchising of fast food stores under the trade name “Jollibee”. In the Philippines, JFC also has as subsidiaries, Fresh & Famous Foods, Inc., which develops and operates and franchises quick-service restaurants under the trade names “Chowking”, “Greenwich”, “Delifrance”, “Manong Pepe’s”, and “Red Ribbon”. JFC also has subsidiaries and affiliates overseas which develop and operate its international brands, “Yonghe King” and “Chun Shui Tang”.

JFC operates its central commissary in Calamba, Laguna through a wholly owned subsidiary, Zenith Foods Corporation. This commissary serves stores located in Luzon, Visayas and Mindanao, and has the capacity to service 800 stores. JFC operates another commissary in Mandaue City through wholly owned subsidiary Vismin Foods Corporation, to service the Visayas and Mindanao areas.

By the end of 2007, JFC had a total of 619 stores nationwide, of which 321 are franchised and 298 are company-owned. The company also had 33 stores overseas as of end-2007.

Contact Information
Business Address: 10/F Jollibee Plaza Building, Emerald Ave., Ortigas Center, Pasig City 1600
Telephone No/s.: 634-1111
Fax No.: 633-9504
Email Address: president@jollibee.com.ph
Company Website: http://www.jollibee.com.ph

Manila Water Company Inc. (Stock Symbol MWC)


Manila Water Company, Inc. (MWC) was incorporated on January 6, 1997 to provide water delivery and sewerage and sanitation services to a broad range of residential, commercial and industrial customers. Under the terms of the Concession Agreement entered into on February 21, 1997 with the Metropolitan Waterworks and Sewerage System (MWSS), MWC was granted exclusive rights to service the East Zone as an agent and contractor of MWSS. Under the agreement, MWSS granted MWC the use of MWSS’ land and operational fixed assets. The agreement also granted MWC the exclusive right, as agent of MWSS, to produce and treat raw water, distribute and market water, and collect, transport, treat, dispose and eventually re-utilize wastewater, including reusable industrial effluent discharged by the sewerage system for the East Zone.

The East Zone encompasses parts of Manila, San Juan, Taguig, Pateros, Antipolo, San Mateo, Rodriquez, Marikina, Pasig, Mandaluyong, Makati and most of Quezon City. MWC also manages and operates the sewerage system that covers a portion of its service area, and provides sanitation services (including desludging of septic tanks) to its customers in the East Zone.

MWC’s principal shareholders include the Ayala Corporation, United Utilities Pacific Holdings BV, Mitsubishi Corporation, BPI Capital Corporation and the International Finance Corporation.

Contact Information
Business Address: MWSS Administration Building, 489 Katipunan Rd., Balara, Quezon City
Telephone No/s.: 926-7999 loc. 8131; 981-8122
Fax No.: 981-8170
Email Address: info@manilawater.com
Company Website: http://www.manilawater.com

SM Prime Holdings, Inc. (Stock Symbol SMPH)


SM Prime Holdings, Inc. (SMPH) was incorporated on January 6, 1994 to develop, conduct, operate and maintain the business of modern commercial shopping centers and all related businesses. The company’s main sources of revenues include rental income from leases in mall and food court, cinema ticket sales and amusement income from bowling and ice skating. As of December 31, 2007, SMPH operated 30 SM Supermalls, five (5) of which were operated by the company’s subsidiaries.

SMPH’s subsidiaries are First Asia Realty Development Corporation, Premier Central, Inc., Consolidated Prime Development Corporation, Premiere Southern Corporation, San Lazaro Holdings Corporation, and First Leisure Ventures Group, Inc.

Contact Information
Business Address: SM Corporate Offices, Building A, J.W. Diokno Boulevard, Mall of Asia Complex, Pasay City 1300, Philippines
Telephone No/s.: 831-1000 (Investor Relations – Ext. 1406)
Fax No.: 833-8991
Email Address: info@smprime.com; inquiries@smprime.com
Company Website: http://www.smprime.com

Phil. Long Distance Telephone Co. (Stock Symbol TEL)
Philippine Long Distance Telephone Company (TEL) was incorporated on November 28, 1928 following the merger of four telephone companies under US ownership, namely, Philippine Telephone and Telegraph Company, Cebu Telephone and Telegraph Company, Panay Telephone and Telegraph Company, and Negros Telephone and Telegraph Company. In 1967, effective control of TEL was sold by General Telephone and Electronics Corporation to a group of Filipino businessmen.

TEL is a telecommunications service provider in the Philippines. Through its three principal business groups – wireless, fixed line, and information and communications technology – TEL offers a wide range of telecommunications services to its subscribers in the Philippines. TEL’s subsidiaries and affiliates include Smart Communications, Inc. and Pilipino Telephone Corporation, both cellular service providers, and ePLDT, an integrated information and communications technology provider.

Contact Information
Business Address: Ramon Cojuangco Building, Makati Avenue, Makati City
Telephone No/s.: 814-3552; 816-8024; 816-8117; 816-8405
Fax No.: 810-7138
Company Website: http://www.pldt.com.ph/

According to Bo Sachez, these solid, great companies will make you rich in 20 years if you just regularly invest P5,000 of your investable money every month. Buying stocks of great companies through Money Cost Averaging is one great investment opportunity that can make you retire a millionaire.

In buying good stocks to invest in, here’s one of the great rule Warren Buffet always follow in investing in the stock market. “Be fearful when others are greedy, be greedy when others are fearful.” But the richest man the stock market has ever made said, “Only buy something that you’d be perfectly happy to hold if the market shut down for ten years.”

Hope you find some good stocks to invest in right now.

If you like this Early Retirement Investments post, please share to your friends on Twitter, Google+ and Facebook. I appreciate your click in any of the three elegant social media buttons below.

How to Save Money Every Month Using UnionBank Online Banking Services

THERE are many tips on how to save money every month. One of this is using UnionBank online banking. You may ask, “Can I really save money from online banking?” Yes, you can! I’ll explained to you how I save money using online banking services.

Photo credit: unionbankph.com

UnionBank Online Banking
I’m using UnionBank online banking through my EON Visa Debit Card Cyber Account. The EON Visa Debit Card is UnionBank’s internet-based deposit account with no minimum balance to maintain. It allows me to do absolutely all my banking transactions in a click of a mouse. I can even make electronic fund transfers to any bank in the country — anytime, anywhere!

The EON Visa Debit Card is able to provide me with cutting edge features never before possible in the history of Philippine banking. It has no branches, no passbooks or checkbooks, no transaction slips, no time wasted, but I can do my banking transaction in 60 seconds at home, or anyplace where I have internet access. This is the fastest, the most convenient way to bank!

How I Save Money from EON Cyber Account Online Banking
I save money by paying my bills online. UnionBank EON Visa Debit Card makes paying my bills easy and convenient by choosing one-time or scheduled payments to more than 50 billers onboard from, utilities, credit cards, insurance, telephone services and others. Currently, I’m paying my billings on UnionBank Visa Credit Card, Smart Bro for my broadband internet connection and Meralco for my electricity use. I just log in to my EON Cyber Account, enter my billing details – the corresponding reference number and the amount to be paid.

EON Visa Debit Card is my savings account where I deposited some of my online business earnings. I usually withdraw money from this savings account to pay my bills. And by using UnionBank free online banking services, I save P40.00 withdrawal fees every time I withdraw money from my EON Visa Debit Card account at the nearest ATM machine from our home in Muzon, San Jose del Monte City, Bulacan. P12.00 from UnionBank and P28.00 from Country Rural Bank of Taguig.

I save money from travelling and other increment expenses if I choose to pay my billings offline. Usually, I spent P200.00 – P300.00 in paying my UnionBank Visa Credit Card at SM Fairview or to the nearest UnionBank branches. I also save on gasoline from using my Honda Wave 100 in paying for Smart Bro and Meralco at the Bayad Center branch inside Muzon Market.

Moreover, I also save time. I used this precious time to work on my profitable online business ventures. I’m doing research and writing articles for my blogs, engaging in social media, marketing affiliate products and services, learning Search Engine Optimization (SEO) and other things that will strategically build my retirement investments online. And this is the best MONEY SAVINGS I got.

Using online banking services may not be the best way to save money but it really adds to my other money-saving strategies. And, if you are trying to save some money, getting discounts through Answers.com coupons can help cut your monthly costs significantly.

What are your ways to save money? What are you doing to become a money-saving expert? Feel free to comment on this post and share your ideas and knowledge. Thank you.

If you like this Early Retirement Investments post, please share to your friends on Twitter, Google+ and Facebook. I appreciate your click in any of the three elegant social media buttons below.