Thursday, November 15, 2007

new job...

After almost 6 months being the best preforming financial executive, titopot left the financial executive post and now the Operations Manager of a HR Consultancy Firm...

Target: First quarter of '08... bring back the glory days....

Friday, August 3, 2007


Just made a jackpot sale yesterday but it's a bit short to overtake the others... Well, I guess I have to rev up the gas pedal to go past them...

Target 10M, here I come...

Sunday, May 20, 2007


These past few days... ito lang ang masasabi ko:


Monday, May 7, 2007

The Heat is On!

Breakfast at Manila Polo Club... I knew it! There's something else after that hearty meal. The big push and the pressure is on. They made us feel that what we are doing is not enough. Even though they made us feel that what we are doing is not enough, a lot of praises were made and I know that it boosted our morale.
Today, the challenge is... to get it ON!

TARGET => 20M!

Sunday, May 6, 2007

Six Habits for Highly Effective Debt Avoidance

(This one I got from our boss...)

I'll stop with the metaphors and get on with my suggestions:

1. Live below your means

Pretty basic -- I know. Consume less than you produce. But it's hard to believe how many ignore this common sense. For those who don't know their "means," or for that matter their spending "ends," I suggest a budget.

A recent survey found that 53 percent followed a budget. But of those "not feeling guilty" about their current debt situation, 76 percent used a budget. Now, to be clear, the budget is a tactic. The strategy is to live within your means. A budget by itself doesn't make this happen, especially if it isn't followed. (My free Budget Kit CD with simple software and an e-workbook is available at

Another strategy is to lower living costs by moving in with relatives or renting out a room. I used this strategy while in college. The $100 a month I paid for a room and Aunt Lil's cooking was a deal I couldn't refuse and it kept me out of debt.

2. Absolutely Pay Bills Monthly

According to the same survey, 55 percent pay their credit-card balances each month. Nice, but what about the other 45 percent? Will they really get "around the corner" in some future month to pay that month's expenses plus the hole they've dug to that point? Doubtful.

There may be some exceptions for those with irregular income, but for the rest of us, paying in full monthly is essential, and should be rewarded when achieved. I'll talk about that in a minute.

3. Create an Emergency Reserve

Here's another one you hear about all the time -- create an emergency savings reserve. Most financial planners suggest a six month liquid savings to draw upon for emergencies and unexpected expenses.

But I can't stress enough the importance of this reserve as a debt-avoidance strategy. The emergency reserve plays defense for you. Unexpected car repair? Medical expense? Science camp for your 12-year-old? Use the reserve instead of going into debt. Or, back to the metaphor, use loose surface dirt instead of digging a hole. How many Americans have an emergency fund?

4. Use Credit Only With a Plan

Contrary to what you might hear, you don't have to avoid credit and debt entirely. Credit is OK as a purchasing tool to get a good deal on something you need or have budgeted for. If a new outdoor grill is in the plan for next summer and one is for sale in February at 30 percent off, go for it! But...only if part of a plan, not an impulse.

5. Get Family Commitments

The best-laid spending plans fail if you, and only you, are committed to them. Other family members must be in on the game too. That means being part of the planning process and part of making it happen.

Too many times I see one family financial "leader" making the plan solo for everyone else to follow. That gets in the way of shared understanding at best, and can bring resentment at worst. Remember the adage: "People who create tend to support."

6. Reward Results

People respond to rewards too. I've seen so many family situations where folks are expected to "do" financial discipline, only to be rewarded with nothing but more financial discipline for making it all work.

So my advice: create a reward structure. A family vacation, a generous Christmas, a lunch or dinner at a favorite place -- or even just a nice card -- as a reward for staying out of debt. Of course, the reward shouldn't put you into debt!

Awareness, Commitment, Control

Now, on their own, each of these habits will help. But my advice is to implement them all together. The whole is greater than the sum of the parts.

According to Peter Sander, author of "The Pocket Idiot's Guide to Living on a Budget;" "It's all about awareness, commitment and control. It starts with awareness -- being aware of your financial situation and what got you there. With awareness it's easier to get commitment, and with commitment, it's easier to get control."

I know you've read a lot about this topic. But as our collective debt and savings habits get ever worse, my resolve to help gets ever stronger.

It's hard to beat the feeling of being debt-free. Get your financial habits in order, and that great feeling will make it all worthwhile. Promise.

Saturday, May 5, 2007

It's been a while

Its been a while since my last post here...

I've been busy with work and somehow I'm getting used to it. This is my first time to have a job in line with sales and its quite a difficult task for me to adjust because its a career shift. From teaching to sales...

Good luck to me!