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Financial Literacy

Financial Literacy

http://financial-power.blogspot.com/

The topics are all about personal finance, investments, extra income, making money online and gaining financial wisdom.

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  • What is UITF?

    Posted on Monday May 25th, 2009 at 10:14 in uitf

    UITFs are what we call “open-ended funds” which means that the institution offering the fund can continue to pool the resources of as many investors who may be interested to invest in the fund. Redemptions — individuals selling off their UITF h...

  • How to Double your Money? Rule of 72!

    Posted on Saturday March 14th, 2009 at 10:25 in personal finance

    If you want to determine how long it will take to double your money, there is a simple way to do it. You don't need to be a math wizard to do the computation. Just apply the rule of 72! The rule states that if you divide 72 by the interest rate, i...

  • Debt Reduction-A Necessity for Attaining Financial Freedom

    Posted on Thursday March 5th, 2009 at 02:44 in debts

    It is very essential that you do away with your debts as soon as possible. It not only delays your financial prosperity but also prevents you from enjoying better financial options. Not only that, it affects your credit rating negatively. If you are ...

  • Cost Averaging: Your Friend in Investing

    Posted on Saturday February 28th, 2009 at 21:57 in personal finance, investments, mutual funds

    I must admit I am a novice in the investment world. Before I was just content on working hard, earning active income and depositing it in the bank. Both my parents were bankers, from a reputable bank here in the Philippines. So my influence in ter...

  • What is Passive Entrepreneurship?

    Posted on Saturday February 14th, 2009 at 09:46

    One of my past times as of late is going online, typing in Google.com, “how to make money work”. This short phrase is in itself the essence of passive entrepreneurship. So if you are searching, finding or looking for ways to growing your money ...

  • Active Income vs Passive Income

    Posted on Wednesday February 4th, 2009 at 18:40 in income

    Back in my backpack and lunch box days, my teachers, principal, and especially my parents always remind me to study hard, get good grades, graduate and then get a good job. They have instilled in my mind this dogma that good education leads to a sec...

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