Take control of your finances and your life
YOU’VE probably heard the saying, “The failure to plan is a plan to fail”. And yet so many of us don’t realize how we so easily neglect to plan for…
Category: Business
Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
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From packing bagels to handling million-dollar ad campaigns
A MULTICULTURAL advertising agency in Toronto owned by two Filipino women recently won the top award for print in the annual Summit International Awards, highlighting the two immigrants’ incredible journey…
Why you need to escape the debt trap
IF YOU are buried in debt, you may be feeling trapped at the moment with no way out. You realize you need help but don’t know where to go for…
Loan modification companies might be a thing of the past!
CALIFORNIA would prohibit the charging of advance fees to homeowners in connection with a loan modification, and require anyone who wishes to charge a fee for loan modification services (after…
Countdown to the perfect wedding smile
Every bride dreams of walking down the aisle, stunning white dress cascading behind her, beaming groom waiting to take her hand. But wait – are the smiles photographer-ready, all set…
Common fears about bankruptcy are false
IF you are struggling with serious debt problems and the idea of filing for bankruptcy has crossed your mind, like most people, you may have some “fears” about bankruptcy that…
Foreclosure Protection Bill passing in California
NOW when lenders pursue foreclosures and simultaneously negotiate with clients to modify their mortgages so that payments become more affordable. Homeowners will not wind up being evicted even though they…
Why have a Family Advisory Board?
“IF there were only one “success strategy” I could recommend to a family business, creating an Advisory Board would be that strategy. In times of crisis, the Advisory Board can…
How to pay your taxes by installment
PREVIOUSLY, I discussed ways on how to request the IRS to reduce your tax liabilities, which is accomplished by means of an Offer in Compromise (OIC). In this article, I…
Who needs to file bankruptcy?
NO ONE ever likes to talk about bankruptcy. However, it’s simply a fact of life. Things happen. Whether it’s losing your job, going through a divorce, having huge medical bills…
Living The American Dream
IT STARTED out simple. A local restaurant was up for sale near their home so Flores, then a commercial real estate agent in 1976, purchased it. It was a gift…
How to make bankruptcy work to your advantage
WHEN your financial circumstances are forcing you to declare bankruptcy, it is one way of dealing with debts that you can no longer manage on your own. Of course, the…
New Harp 2 Program: Still not your magic bullet
SINCE I started informing my readers about the Harp Refinancing program, I have been getting a high volume of calls inquiring about this. Thanks so much for your support and…
Asking IRS to reduce your tax debts
IF YOU owe a huge amount of taxes and are experiencing financial difficulties, don’t despair as there are remedies under the law which will help you avoid paying the whole…
Face debt problems now or they can come back to haunt you later
IF YOU are like a lot of people who have old, unpaid debts, collection accounts and judgments from their past that they don’t even remember, you may feel that it…
The new HARP 2 program
For qualified borrowers who might not have any equity to Refinance ASK about the the NEW FHA Streamline started June 11, 2012 with much lower PMI and almost 0 MIP….
Gokongweis’ Tenth Commandment – There can only be one boss
THE tenth and most important rule is that “there can only be one boss.” Lance explained that this rule is related to succession. The role of the family and owners…
How is the federal gov’t helping homeowners reduce mortgage payments?
THE key and only answer is because they are keeping lending rates at all time lows. I suggest you better stop, listen and act on this. Why? Because if you…
The First Elected Filipina and Woman of Color in the Manitoba Legislative Assembly
IN THE 2007 elections in Canada, Flor Marcelino, a Filipina businesswoman, made history as the first woman of color and first Filipina elected to the Manitoba Legislative Assembly for the…
What happens if you did not file a Tax Return?
By this time most of you must have filed your 2011 tax returns already, as the filing deadline on April 17 had long passed. But if you are among those…
Who is benefiting from the foreclosure markets?
IN MY opinion there is a big bad wolf that is always winning over any market we are in. It’s not the rich guy you here about buying up rental…
How to establish hardship while preparing for a short sale
IF YOU are considering Short Selling your property now, the first thing your lender will ask of you is what kind of hardship are you going thru? What do you…
Taxpayer rights
WITH the immense powers that the government wields over individuals, the founding fathers included in the United States Constitution the Bill of Rights to limit the exercise of governmental powers….
7th commandment: Being family is no guarantee of employment
Even if your family business is a model of harmony, it’s a good idea to think about how you’ll deal with conflicts before they arise. “There comes a time when…
4th commandment: ‘No work, no pay’
DOING business with family and friends can be very rewarding. It can also be very complicated and difficult. Anyway, doing business with loved ones has never been a neutral topic. …
Loan modification: Still showing signs of failure
THE worsening housing sector due to homes being underwater still has a great effect of our economies recovery, why are you not hearing this topic more often being resolve than…
Dental home care
YOUR personal home care plays an important role in maintaining healthy smile. Your personal home care starts by eating balanced meals, reducing the number of snacks you eat, and correctly using the…
Pay must be commensurate to productivity
THE Sixth Commandment is “pay must be based on contribution to the business”. Lance Gokongwei said that in order for the family member to live and think independently, the family…
Home prices finally hitting rock bottom: Is this the time to buy?
ZILLOW’S first-quarter home value report found that home values posted their biggest monthly gain since 2006 last month, rising 0.5% nationwide. The data show that 19 of the 30 largest…
Tooth enamel damage control
If you think that by brushing and flossing your teeth every day, you’re fulfilling your daily dental obligations, you’re halfway right. The other half involves using the correct techniques, and…