Money Basics Philippines

Philippines is blessed with fertile land and surrounded by vast ocean. Agriculture business is always the way to go.  Philippines is blessed with fertile soil to toil and grow sustainable crops all year round. Grains like rice and corn, fruits and vegetables like bell pepper and tomatoes will definitely give sure profits to farmers. Animal husbandry such as raising poultry, ruminants and hogs are also a profitable venture to consider. And how can we forget about one of the most viable agricultural business in the Philippines? Of course it's none other than fisheries! If you want to start one yourself, then you're in right place because in this post, we will talk about some of the most profitable agriculture business in the Philippines . 1.) Rice Farming Despite the issues that surrounds the rice industry, rice farming is still one of the most profitable agribusiness in the Philippines. If you own a huge track of land with a proper irrigation facilities, then all

Filipino startups are prone to bankruptcy. Why? Read below and find out.  Business is one of the most powerful way to create wealth . If you managed to create a successful business, then I'm pretty sure that financial freedom is coming up next. But in order to become successful and profitable, you need to understand the fact that small business have a huge failure rate. According to SBA (Small Business Association) 22% of small businesses close down before they even reach the first year. Another 55% will trimmed before the fifth year and 25% before the tenth year. In our local market conditions, small businesses have higher mortality rate because the competitor are always aware of your presence and even ready to devour you alive. So why do Filipino startup businesses fail? In this post, we will talk about some of the major reasons why a business don't succeed and how you can avoid it yourself. 1.) Wrong Location "Dito ko na lang itatayo ang milk tea sho

Food business? You're in the right spot!  Food and beverages are one of the basic necessities that humans need in this world in order to live a happier and healthier life. That's the reason why starting a food business is always a good idea if you have the passion in cooking delicious meals for everyone. Do you want to start a food business but you're deterred to do so because you only have small capital? Do you think that your Php10,000 is not enough? Well, you're in the right spot! Today, we will be talking about some of the most profitable food business that only requires a 10,000 peso capital! Anong negosyo ang maabot ng 10,000 mo? 1.) Siomai Stall Estimated Capital: 2,000 - 5,000 Everybody loves a hot and steamy serving of siomai! Its oozing with umami goodness that makes you crave for more. Sabi nga ng Pringles, once you pop, you can't stop. Because of Filipino's love for siomai, it can be a good business to start with. There's a d

If I'll become rich, I'll definitely buy a beach side mansion.  I want to become rich and powerful. With all the money I have, I can easily buy anything my heart desires. House and lots, cars, luxury items, anything! The financial freedom with give me a wealthy and comfortable life in my beach side manor. How about you? Do you want to be rich? I can read what's on your mind. You said yes right? Don't deny it. Then you might be asking... How can I become rich? Personally, I'm not yet rich, I'm still on my journey to financial freedom. But I've created a roadmap to guide me on my journey and this blog post is to share my plan to you. A caveat though, it might be helpful, or might not. Who knows? Besides, if you want a solid advice about being rich, then you should ask advice from rich people. But at the end of the day, fulfilling a goal or dreams depends on one's will and grit. If you're still reading this part, I will assume that

Saving money is a simple yet difficult thing to do.  Saving money is an integral part of building and strengthening your personal wealth. It is also considered as the most basic when it comes to making and growing money. In different financial books and even the Holy Bible, the importance of saving has already been told over and over again. ( Proverbs 6:6-8 Go to the ant, you sluggard; consider its ways and be wise! It has no commander, no overseer or ruler, yet it stores its provisions in summer and gathers its food at harvest. ) Despite the constant reminder since time immemorial, why does many people fail to save money? What seems to be the problem? If you are one of the people who wants to find ways to save money and address the problem why they can't continue saving, then you're in the right spot! In this article, we will talk about five easy tips to save money that will blow your mind! And to make things even more interesting, we will also discuss some of