Thanks to improvements in the quality of life and health care, populations in developed and developing nations are living longer. The average life expectancy in the Philippines is 68 years for male and 73 years for female. This is great news for the society. However increasing longevity also creates new challenges for all of us, as we need to have the required finances in place to support longer life span and our desired retirement life style. Read the rest of this entry »
Starting your own Retirement Fund
On July - 5 - 20102 COMMENTS
The One-Day Rich Phenomenon
On April - 14 - 20103 COMMENTS
by: Kendrick Chua, CIS, The Wealth Warrior
In one Pugad Baboy’s strip, the characters Bab and Igno were dining in an expensive restaurant. Bab had just won a bet in cock-fighting and they were celebrating. When Igno expressed doubts over their capability to pay for their orders, Bab explained that his prize money was P300,000.00 and they are entitled to splurge everything (note: everything). Read the rest of this entry »
10 Money Mistakes Everyone Should Avoid
On April - 14 - 201010 COMMENTS
by: Kendrick Chua, CIS, The Wealth Warrior
We all make money mistakes once in a while and in my years of financial planning practice, I have come to realize the 10 Money Mistakes people often commit. Read the rest of this entry »
Money Habits of Ordinary Chinese
On March - 30 - 2010ADD COMMENTS
by: Kendrick Chua, CIS, the Wealth Warrior
First published in Money Sense March-April 2010 issue.
Ask anyone what trait defines Chinese the most and you’ll likely get one of these two answers—rich or cheap. To a certain extent, the answers are accurate. After all, despite accounting for only 2% of the total Philippine population, seven out of the ten richest Filipinos are of Chinese descent. Although most Chinese will not plead guilty, it has what defined this race based on the society’s perception. It has what defined me. Read the rest of this entry »
Kaizen – By Kendrick Chua
On March - 17 - 20101 COMMENT
By: Kendrick Chua, CIS, The Wealth Warrior
first published in Business Mirror March 15, 2010 issue. Link
“Save a little each day, every day and see small things grow big,” says Bam Aquino, a social entrepreneur in a Sun Life advertisement. Yet, long before those words were popularized in a television commercial, the Japanese were already living that principle, which they called, Kaizen. Read the rest of this entry »
