This morning, I watched the financial and inspirational guru Francis Kong provide wise tips on money management to survive this year’s global financial crises.
I watched intently his segment because I adore Francis Kong and I know, I need help in terms of financial management. What he said was very interesting and practicable. The host asked him if saving money would help a person improve his finances. He answered it would not because saving merely doubles one’s money since bank only provides very little interest on savings. More so, if you keep your money in the house, it would not earn anything at all but dust. He said investing on little businesses would do and after a while, it is assumed that you would acquire entrepreneurial skills and could develop your business into something big.
It is very important to be wise in handling our finances especially so because times are tough these days. I myself mismanaged in my finances some years back by using multiple credit cards at a time. Not long after, the credit card company’s Collection Agency was already calling me for payment. Collection agencies are used by companies for debt collection.
This year, I’d like to improve my economic situation more and hopefully, the financial crises would get better and better, including mine.
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#1 by Paul Andrew Pisig on January 18th, 2009
You have a beautiful blog! With regard to your post above, maybe I could help you on your finances. I began teaching on January 1 of this year about how to earn extra money online. To date, I have 4 students: 1 in New York, USA, and the rest are here in our country. You have my e-mail address. If you would like to get more details, you know where and how to contact me. Thank you.
#2 by mhel on January 22nd, 2009
hi paul, i appreciate your desire to help me.
mhels last blog post..Home Shopping TV Watching Habits