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Mutual funds are one of the investment options where you can invest your extra cash. As a mutual fund investor myself, I made a post on how to invest in mutual funds before to assist my readers interested in investing in mutual funds. According to Kiyosaki, mutual funds are investment vehicles for a person to use as [...]

We are experiencing global climate change nowadays which causes a lot of abnormal calamities like strong typhoons and the like. Therefore, we should save our environment for us not to suffer the detrimental effects of mother nature. One of the things that we should do is to “go green”. It wont’t only save our environment [...]

Electric bills are one of the utility bills that we keep on paying in our homes. It is one of the expenses why Kiyosaki considered house as a liability and not an asset. While you can live without paying other bills (i.e. tv cable bills, magazine subscription bills, internet bills, etc.), electricity is one the [...]

We all know that stock investing is one of the riskiest forms of investments. Stocks can go up and down depending on several factors. In one of my earlier posts, I discussed several stock trading tips to all my readers investing in the stock market. It is important to do your homework before engaging yourself in the [...]

Most people will tell you they have a financial plan. What they really mean is they have a “retirement package” with a pension fund, life and health insurance policies, mutual funds, and the like. The typical plan is nothing more than a collection of financial products purchased without a clear idea of the total picture. Investing [...]

There are a lot of technical advices out there telling different investment strategies to grow your money. If you are a first-time investor, then you have to start from scratch. You need to understand basic and simple concepts in investing. The first step in investing is to understand how the different types of investments relate to [...]

There might be nitty-gritty stuffs in your home that needs repair. I admit, I am not that knowledgeable when it comes to home and electrical appliance repairs. I envy my dad because he has a lot of knowledge when it comes to it. He don’t need to bring the appliance to a service center or [...]

If you want to become educated on business matters, then one of the things that you should know is the financial statement of companies. You need to know how to read numbers because numbers don’t lie. Financial statements are the health check up of businesses. Just like humans, businesses can be subject of certain “diseases” that you [...]

We’ve talked about the current recession before and we know that the main thing that triggered it is the subprime mortgage crisis which originated from several investment banks. But what about a more severe economic downturn called depression? According to Wikipedia: In economics, depression involves sustained, long-term downturn economic activity. While recession is seen as a part [...]

Earlier, I made a post based on the things that I’ve learned from Kiyosaki’s teachings on the three basic business entities: Sole Proprietorship, Partnership, and Corporation. Kiyosaki says that most people earn money, pay taxes through withholding, and spend what little is left over. The rich do it differently. They earn money, spend it, and then [...]

In one of my previous posts, I mentioned about the difference between good debt vs. bad debt. In summary, good debt provides money into our pockets while bad debt drains money out of our pockets. In the long run, good debt becomes asset while bad debt becomes liability. What will you do if you have an unsurmountable amount [...]

All of us have some Chicken Little in us. You remember Chicken Little—the character in the children’s fable who ran around the barnyard warning other animals that the sky was falling. Chicken Little had a doom and gloom attitude toward life. He was a classic cynic. There are Chicken Littles everywhere, especially in the financial world. [...]

I am happy to announce to my readers that this blog, Millionaire Acts, is featured in today’s Manila Bulletin Blog-O-Rama. This is my fifth public blog feature. If you have today’s Manila Bulletin issue, turn it to Tech News page D2. For my readers in other countries, Manila Bulletin is one of the leading newspaper here in the Philippines. [...]

Passion is where your heart is. It is where your interests and skills thrive. When you have a passion for things, you tend to do better at those. Finding your passion is the key to success in all your endeavors.   If we compare Rich Dad vs. Poor Dad, Poor Dad’s slogans are the words of fear; [...]

I’m sure all Filipinos around the world know the name Manny “Pacman” Pacquiao. He is currently the undisputed, “pound-per-pound” champion of the world and was tagged as “The Destroyer!” He rose from extreme poverty to being the wealthiest boxer in the world today. What’s more amazing is he does not brag about his wealth and achievements. Despite his status right [...]