2010 Financial Goals
1. Rebuild Emergency Fund by Saving Automatically - The emergency fund that my honey and I tried to build in 2009 went away thanks to our future home. Fortunately, we were also saving automatically by setting aside a certain percentage of our gross monthly salary. By the end of 2009, our emergency fund would amount to [...]
Mutual Funds/UITFs vs VULs
I was browsing thru the Personal Finance section of Inquirer when I came across an interesting article about Mutual Funds, Unit Investment Trust Funds (UITF), and Variable Universal Life Insurances (VUL). The article basically defined each investment vehicle and discussed their the pros and cons.
Mutual Funds and UITFs Defined
A mutual fund collectively pools money from [...]
Financial Checkup - Midyear Checkpoint
Making a monthly check didn?t quite work for me. But I want to stick to my goals. So I’m going to report on my financial checkup. I’m also posting here some of the highlights of my expense report. This is because after “semi-annualizing” my expenses (computing all my expenses from January 1 to June 30, [...]
