Archive for the ‘Misang’s Personal Finance 101’ Category

OFW Story

Posted: October 31, 2013 in Misang's Personal Finance 101

I have been reading a lot of Finance blogs to earn knowledge about savings and investments. Last March, I opened an account with a stock broker, COL Financial to start up my investments. 7 months later, my portfolio has given me gains no banks can give me, an amount you will not earn by just sitting around. In the first months, I bought and sold some company stocks but later on, held on to some really good companies for long-term investments.



I wasn’t into budgeting when I was still in the early stage of my working career.

I used to spend a lot and most of the time, end up with an almost-empty wallet and have no choice but to¬† just get Mang Bert’s lunch and pay it at the end of the month. I just learned to budget and monitor my expenses when my now-husband proposed to me. The need to save up for a wedding inspired me to revise our monthly spending plan. The wedding plan gave us the motivation to check our monthly expenses and eventually it became a habit of mine. It’s addicting once you get the hang of it.

Are you able to watch where your money goes? Or it just magically disappears in your wallet and ATM card?

Well, I guess you should start to know exactly where you spend your money. It will greatly improve your way of handling your finances.


Being a stay-at-home mom gave me lots of extra time in between preparing meals, house chores, and baby-sitting. Before, those extra hours are mostly spent on lying down tinkering on my mobile, Facebook, Instagram, or watching TV.

This week, I was able to spend my extra time to catch up on my reading. I love reading but when I moved here in PNG, I have no access to books as cheap as those ones in Book Sale. All I have were the free e-books I downloaded before (can someone send me links on more free e-books?)

Some time last week, I stumbled upon this blog while searching for Trust Fund investments which, by the way, I always see on BPI’s wall and just chose to ignore. I just learned about it through the mommy forum I am a member of. Let me share to you some of my favorite posts from Ready to be Rich. I’m sharing you the things that I have learned so far. Just click on the links and happy reading.

Disclaimer: the ideas written here are just based on my understanding of the articles that I have read. If you have questions, please consult the author of the blog or any financial gurus out there.