Friday, May 27, 2011


Did you know there is such a thing as the Credit Card Association of the Philippines (CCAP)? I found out about it last May 26 when Maritess and I were having our breakfast at a fastfood chain, they gave us a free newspaper. As I scanned the paper, I saw CCAP’s report on its annual conference that day at Sofitel Philippines Plaza Manila.
The amazing thing that CCAP said was “with a budget, some dedication, and a lot of discipline, your credit card debts can be wiped out.” It looks like they want you out of debt. Uhmmm.

Here are some recommendations they have proposed to wipe out your credit card debts:
1.       First thing, find out exactly how much credit card debt you can afford to pay off.
2.       Make a budget so you can know how much to pay whom.
3.       It is considered wise to put aside thirty (30%) percent of your monthly income as savings. What is left, after paying off your monthly fixed expenses, is how much you can dedicate to eradicating your debt.
4.       There are two preferred methods for paying off your cards: highest interest rate first, or lowest balance first.
5.       Paying off your credit card with highest interest rate will save you money in the long run, especially if the highest rate card happens to be the one with the highest balance.
6.       Paying the lowest balance first is much easier, and the debt is taken care of much quicker. Personally, I prefer this method as it helps you see the evidence that you are actually zeroing out your debt and gives you motivation to move to the next card and the next, until everything has been settled.
At the end of the article, CCAP admits that it will take some time to get completely debt-free- but once you are, there is nothing stopping you from investing and making your money work for you instead of the other way around.

This week, I am happy to eradicate one of my credit card debts. As I paid the balance, it became clear to me how much money I lost paying off the finance charges and late payment charges this credit card was charging me month after month.
One lesson I learned and I want to pass on to you: always pay your card on time, and you must always pay your full balance in order to escape the interest that will be levied on you!

To your debt-free life,

Sunday, May 15, 2011


It has been my desire to meet my mentor personally since I became a student of the Online Mentoring Club. Finally, last week, April 30, at the Think Rich Quick (TRQ) Seminar of Trace Trajano, I met my mentor, Jomar Hilario! In just the span of five minutes of talking with him, I learned a lot. The funny thing was when he asked me who I was. He had a hard time recalling my name. But when I mentioned to him about my BLOG, Debt Free Life! Philippines, he immediately remembered. To me, it means only one thing! He reads and studies my blogs!
Jomar Hilario @ SM Megamall
Thank you, Jomar. In my amazement, I forgot one thing though... to have a photo op with him. Well, maybe next time. I’ll have that privilege when I join the Breakthrough Seminar.
Every successful person has a MENTOR. Manny Pacquiao has Freddie Roach. He is a billionaire. I have Jomar Hilario, and I am a millionaire!

To your debt-free life,

P.S. Internet Marketing and blogging will earn you passive income. One sure way you can erase your debt. That’s one reason why I enrolled in Jomar Hilario’s Online Mentoring Club. More than the technical information and techniques that I have learned, my mentor opened my eyes to new opportunities and possibilities of MAKING MONEY ONLINE!
You too can.! Be mentored and be the next Online Internet Marketing guru. 

Saturday, May 07, 2011


Lately, I have been discussing with my “friends” about the possibilities of adding new streams of income. The reason behind this is obviously the need for more money to pay off a lot of things, including mounting DEBTS.
Lately, I met someone who earns P60,000 a month just working at home! She works as a virtual assistant or VA to those of us that are techies. Her income is a lot better than many of those working in Makati offices. She will be moving to her own apartment. She is misunderstood by her family because she works in the evening. She does book reviews. Compared to those working as employees, her income is a lot higher and better! No traffic, no office politics, and no uniforms.
My friends, some of whom are full time moms and employees, became interested when I told them about Jomar Hilario’s Manila VA Seminar. They are inspired by stories of people earning even if they stay home as Virtual Assistants. Jomar says, when you're at home, you'll rediscover your real joys, your family and your own time.
You can change and improve your finances by adding a new stream of income as a virtual assistant working on your free time or at home. Today you can make that choice! Join Jomar’s Manila VA Seminar this coming May 28, 2011.

To your debt-free life,

P.S. If you want a change in your income, one sure way is to sign up right away for the Manila VA Seminar. Limited seats, I understand. 

Discounted Fee: P 2,375/$ 53 pay on or before May 18,2011 
Normal Fee: P 2,675, pay on or before May 27,2011
Walk In Fee: Pay on Tue, May 28,2011 is P 2,975

Tuesday, May 03, 2011

Get Ready for Abundance!

Do you want to be free from debt and financial stagnation? Here's one seminar that will change your life. They say that if you want to be successful, learn from a successful person. I believe that we do not need to go through the mistakes we will commit if we do things our own way. We can avoid a lot of mistakes and hard aches if we follow and learn from those who have gone before us.
One successful person who have been there, done that is no other than Bo Sanchez. He's been in debt and even lost a lot of money on bad business deals. But that didn't stop him from being one of the successful entrepreneurs of our time. Today, he conducts the famous HOW TO BE TRULY RICH SEMINAR. This seminar will free you from financial stagnation and rescue you from years of financial misery.Do you know that 90% of your money problems are mind problems? Through Bo Sanchez’ transformational How To Be Truly Rich Seminar, you’ll learn how to solve your money problems by first solving your mind problems. Bo will take you through the journey towards what you deeply desire: True financial and spiritual freedom. Yes, it’s possible to get out of debt and earn passive income. It’s possible to become wealthy so you could start sharing your wealth to others.

So here it is, you can be one of those who wants to be financially free. I’m inviting you to join Bo Sanchez in his How To Be Truly Rich Seminar. It will change your financial thinking—which will change your financial habits—thereby changing your financial life. Yes, the Seminar will bless you. 

To your debt free life,

P.S. Join now by signing up. The seminar fee has been marked down from P8,000 to ONLY P497 per person (first come first serve). The date is May  14,  (Sat) at 8:30 am - 12 noon.