by elmads “So many people spend their HEALTH gaining WEALTH, and then have to spend their WEALTH to regain their HEALTH”. -A.J Reb Materi Introduction This sums up the unhealthy pursuit of monetary wealth. An ironic and indeed tragic case that a person could ever experience. Individuals achieving sizeable amounts Read more
by elmads Introduction Time can never be taken away, that’s why it is considered as one of the most important commodity to the human kind. Money actually can help us with that specific dilemma. Don’t get me wrong, it’s true that money can never buy back time, but what it Read more
by elmads Introduction Most people, including myself, would probably work day in and day out for most of our lives. There are some who will be genuinely happy in what they’ll be doing, others are in the middle (the okay kind of work for them), while several individuals will be Read more
Click on this link for the Audio Podcast Version – This can be played on Spotify, Apple Podcasts (aka iTunes), Google Play Music and other more. by elmads INTRODUCTION It is counterintuitive to think that savers and investors never spend money because they are tightwads. But like all people in the world, they Read more
By Elmads Budgeting was originally used in England as a means of controlling government expenditures. Since then, budgeting has been practiced not just by the governments, but also companies in order to manage and improve their financial allocation. This is all for the purpose of good money management and to Read more
By elmads In the past, bankruptcies mean that debtors will be slaves of their creditors. It was during the ancient civilization like the Romans and Egyptian, where slavery was used as a debt repayment method. It was also known as debt bondage. It was indeed an unfortunate time, because people Read more
By elmads Do you remember these companies, Kodak, Blockbuster, Enron, General Motors, Chrysler, Toys R Us, and Thomas Cook? I guess some of you do remember it, while some doesn’t. These are companies that went into bankruptcy. Some of you might be asking “If that is the case then why Read more
By elmads Introduction I have been a proponent of not taking on debt, because debt has been one of the root of all financial problems for most people over a long period of time. Don’t get me wrong, I am not blind nor deaf to the fact that there are Read more
By elmads Debt has been called the modern day slavery, but I beg to differ. It is both chaos and peace. It can make the rich poor and the poor rich. It hasn’t have the control on people, but people always have the control on it. This is why Debt Read more
By elmads Retirement is inevitable, but it does not mean that we will not be working anymore, it just means that we can do everything that we want while still able to live comfortably for the rest of our lives. This is the reason why retirement planning should be one Read more