Money Matters

I knew it in my heart. It may take me a couple of years more, when my sisters finally become stable. But it will happen.

Sometime ago, I watched Korina Sanchez’ Rated K show. A segment featured a former domestic helper (DH) becoming a self-made millionaire. She worked hard in Saudi Arabia as a DH, working even during her days off as a caregiver and a manicurist. And all her hard work paid off. She saved enough money and went back to the Philippines to open her own business. She and her husband delivered fishes to clients. Upon saving income from their delivery business, they opened a new business of glass and window cutting.

Hardwork, perseverance, a lot of prayers, trust and confidence… these are things needed for a person to make it. To become millionaires. To become financially stable.

I know someday soon I will make it. I already mapped out everything. All I need to do is to slowly (but surely) start the process.

And I will. Soon.

My little girl, exposed to the finance world because of me, wanted to learn how to count cash just like me. So she asked for this paper money set we found in a toy store.

Happy Monday to all!

Here’s the Peso-Dollar Exchange Rate for July 15, 2011:

The Peso-Dollar Exchange Rate for July 15, 2011 is P42.90 = USD1.00 (Official Government Rate).

Paypal’s Peso Exchange Rate for July 15, 2011 is 1 USD = 41.8839 PHP.

Today is payday! Too bad the US dollar conversion to peso is loo low. Maybe next week will bring good news to us? Let’s claim that!

Happy weekend!

I earn dollars through my work online. That’s why I make it a point to check the peso-dollar exchange rate in Paypal, through it’s currency converter.

Here’s the exchange rate in Paypal today 12 July 2011…

PayPal exchange rate:1 USD = 41.9560 PHP

I am really, really praying for a higher peso-dollar rate come Friday. I need it.

Meet my CC…

I don’t know exactly what she is but I assumed she’s a cow hehe. I bought this because I wanted to give it to my little girl but she didn’t want it. Well, faced with a dollhouse I don’t think any 5-year-old kid would choose a stuffed toy over it, right?

CC will be my model in this blog. She will be talking to you on finances in relation to the daily life. Every Thursday and Saturday, she will have her own entry accompanied by a photo of her.

Hope you will welcome CC in the world of blogging!

I got this rates from Banco de Oro online. Here are the buying and selling rates as of 10:27 this morning, 12 July 2011.

US$ 1 –
Buying 42.90
Selling 43.40

Payday this coming Friday and I am really hoping the rates will improve (i.e. increase, in favor of US dollar) by then. We bloggers who are earning online really needs the boost. It’s been most in the 41+ threshold for a few paydays now. Here’s hoping it will hit the 43+ mark again.

One of the things that I love about banking nowadays is that I can do it online. Very convenient for someone like me who always feel so lazy to go out in the morning.

Aside from the convenience in paying bills and fund transfers, online banking made it easier for everyone to track their bank accounts anywhere they are.

I started this year with the hope of being able to save up. I have spent the past couple of years from hand to mouth. Always waiting for the paycheck to arrive to spend all of it regardless whether I have a budget to follow or not. But, well, cash inflow was not what I expected it to be. Now that I was all bent to save up, there’s not enough to keep in the bank.

Whatever.

This second half of the year, no matter what the cashflow will be like, before this year ends, there should be enough money in the bank for me. That’s a must!

I need to start saving up!

Here’s the Peso-Dollar Exchange Rate for July 1, 2011:

The Peso-Dollar Exchange Rate for July 1, 2011 is P43.20 = USD1.00 (Official Government Rate).

Paypal’s Peso Exchange Rate for July 1, 2011 is 1 USD = 42.0284 PHP.

For bloggers like me who earn online, a good peso-dollar exchange rate is what we always pray for come pay date.

Happy weekend!