Elon Musk has officially become the second richest man in the world, next to Amazon founder Jeff Bezo, and surpassing Microsoft Corporation founder Bill Gates — thanks to Tesla’s skyrocketing share prices this year, which have made the South African-born entrepreneur to increase wealth to unimaginable heights of $147 billion, according to the Bloomberg Billionaires Index. Bloomberg reported that the Tesla CEO has added more than $100 billion to his net worth in 2020, soaring him from the 35th spot of being the richest man, to number 2. According to the repost, most of Musk's wealth is because of...

In the past years, the concept of ipon challenge has become widely popular in the country, and it has been proven more effective to some Filipinos. The ipon challenge becomes Filipinos’ another way of saving money because it makes the normally frustrating task of setting money aside more fun, making us become more responsible and conscious with our expenses.   Photo from Great Performers Academy   To help you start your own ipon challenge, here are a few ideas that you can try for your ipon journey:   The Monthly Ipon Challenge The Monthly Ipon Challenge can be converted into...

  The year 2020 is set to come to its end as December is fast approaching, and we all know what this means — your much-awaited 13th month salary is also coming. But before you proceed to buying random stuff and other expensive purchases, you might want to consider this read that will give you options on where you can spend your 13th month pay wisely and not just squander it. Ponder the following ideas to make the most out of your year-end bonus:   1. Settle your debt Photo from Alexander Mils / Pexels Debt has the huge potential...

Being able to finally achieve financial freedom is everyone’s major goal. But, where should we start first or what is the first thing that we should do to attain it? Financial freedom simply means having enough savings, stable source of income, financial investments, and cash on hand to afford the kind of life we desire for ourselves and our loved ones. Financial freedom also includes being financially secured — and being insured is one of the ways in order to have financial security. Being insured gives one a peace of mind knowing that if anything happened to you, your family’s...

Is investing in your first property during a pandemic a bad idea? Experts disagree. Most people — including you, might have been asking themselves the same question as they have been seeing property developers and agents posting pictures and advertisements of condos, and house and lot at encouraging low mortgage rates and down payment on social media. But with the pandemic telling us to be mindful of our spending, it’s easy to feel guilty. After all, taking advantage of a crisis to start a property investment might sound opportunistic and impulsive. Although investing may be a personal decision, it can...