#villafuerte

[lwnkn]

[juanmacapa]

#lasanta #moratalla #villafuerte #sierra #barrancos (en Moratalla, Murcia, Spain)

[juanmacapa]

#villafuerte #lasanta #Moratalla #barranco (en Moratalla, Murcia, Spain)

[berazategui]

Berazategui: 15 años de prisión por violar y embarazar a una joven.

Berazategui: 15 años de prisión por violar y embarazar a una joven.

 Un sujeto fue condenado este lunes a 15 años y 6 meses de prisión por haber violado a una joven en un descampadao de Berazategui. La víctima quedó embarazada y debió someterse a un aborto. (more…)

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[cbangabulletin]

CamSur Gov. Villafuerte favors cutting trees off highways in the province

CamSur Gov. Villafuerte favors cutting trees off highways in the province

Camarines Sur Governor Miguel Luis Villafuerte favors cutting off trees along the national highway traversing the province.. He finds fault on trees and electric posts along national road as main causes of road blocks, delay of rescues and deliveries during calamities. After the disaster the befell on the province of Camarines caused by typhoon Nina, on the night of Christmas 2016, Camarines Sur…

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[cbangabulletin]

Camarines Sur 2nd District Congressman L-Ray Villafuerte suspended by Sandiganbayan

Camarines Sur 2nd District Congressman L-Ray Villafuerte suspended by Sandiganbayan

Newlyelected, first term Camarines Sur 2nd District representitave Luis Ramond Villafuerte was handed down a suspension order from the Sandiganbayan to cease and desist from further performing or exercising his functions, duties and privileges for a period of 90 days. Photo credit- facebook page of the congressman. Newly elected and first term congressman Luis Raymond Villafuerte of the second…

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[spoliarium98]

How To Prioritize Financial Goals and Gain Perspective

Posted by Fitz Villafuerte

All of us have financial goals — buy a car, own a house, start a business, save for a child’s college education, and retire comfortably are perhaps the most common.

When there’s so many goals that we want to achieve, how can we optimize our cashflow and investments so that we can reach all of them?

Unfortunately, most people would simply muddle through their financial lives, hoping that everything will be okay in the end. They’d always be more focused on their day-to-day expenses and forgo planning for their biggest goals.

This kind of mindset would often leave most of their financial goals unfulfilled. They’ll be able to buy a car and own a house, but then they’ll struggle with their child’s education. So they end up working all their life and without a retirement fund.

How many people do you know are on this path? Are you on this path? If so, it’s time to change that today.

Make a list

The first step is to make a list. Write down all the things that you want to buy, do, and achieve in the future.

Don’t limit yourself and include both necessities such as a comfortable retirement; and luxuries such as going on a cruise around the world — remember, you are designing your life.

Make your list SMART

There’s a saying: “A goal without a date is just a dream.”

That’s why this is your next step. You have to tweak your list and make it specific, measurable, attainable, relevant, and time-bound (SMART).

Force yourself to rank your goals

This is perhaps the most difficult step. Personally, I discovered that the easiest way to do this is to do the process of elimination.

Ask yourself: “Among these goals, which one can I live without?”

Once you’ve decided, cross it off and transfer that to a new list — the one sorted according to priority. Put that in the lowest slot. Repeat the process until you’ve ranked everything.

It’s important to remember that there are no right or wrong way to prioritize your list. Each person is different and you should listen only to yourself, and not what society normally dictates.

For example, while it’s considered a parent’s responsibility to provide education for their children, don’t berate yourself if you want to put that luxury cruise a higher priority.

It helps to remember that this ranking is not set in stone and your objective here is to gain perspective on how you should plan for your future.

Create a narrative to gain perspective

Now that you know your priorities, it will do you good to create a narrative on how you plan to achieve these goals accordingly. Tap into your creativity and imagination to tell a story of how your future will happen.

Sometimes, doing this step will make you re-evaluate your priorities and re-assign the ranks. This is normal and is all part of the process.

By going through this step, you will certainly get a better handle at how you should spend and allocate your income today. Additionally, it will motivate you to nurture good financial habits because how else can you achieve your goals, right?

To illustrate further, let’s say that these are the first 5 priorities on your list:

Retire comfortably – 20 years from now – P20 million fund

Go on a luxury cruise – 2 years from now – cost is P200,000

Child’s college education – 8 years from now – P700,000 fund

Buy a house – 3 years from now – worth P5 million

Start a business – 5 years from now – P1 million estimate capital

Your narrative then can go like this:

My cashflow allows me to invest P10,000 each month. I’ll invest P3,000 towards my retirement fund, and save the other P7,000 for that luxury cruise.

After the cruise, I’ll funnel the P7,000 towards funding my child’s college education, but I have to increase my income because I’d most likely be applying for a loan 3 years from now to buy a house.

I could look into starting something home-based today, which I can slowly scale to a proper business within the next 5 years. The extra income can augment my cashflow so I can afford the mortgage… and so on.

Revisit your list when circumstances change

Life will happen, and some circumstances may affect and change your priorities. It is for this reason why you should go back to your list periodically and re-examine your goals.

You can add or take out goals, change their ranking, and write a new narrative for your financial plans.

By doing so, you will no longer be most people who are drifting through life, simply hoping for the best to happen. You will become someone who’s actually doing something to achieve the best in your life.

Source: http://fitzvillafuerte.com/prioritize-financial-goals-gain-perspective.html

[vw-wn]

The Power of Delayed Gratification by Fitz Villafuerte

How carnival you save money?<\p>

The most common answers are in transit to pay yourself initiative, pioneer a budget harbor a design and make sure that you spend less than what yours truly earn every sun.<\p>

Affluent abundance to parboil? Not really if i don't gyp the proper discipline to follow through with your saving goal.<\p>

And if there's one thing that can really help you go down into the right mindset, inspire and motivate you into saving up attic - I believe number one would have to be understanding the power of delayed gratification.<\p>

The Marshmallow Test<\p>

Extremity in 1972, a psychologist named Walter Mischel conducted an experiment now famously known as The Stanford Marshmallow Kiteflying. He gathered a skiffle band of four to six-year olds and placed each of she in an empty room.<\p>

He gave each child a marshmallow and told them that if they terminate wait 15 minutes and not corrode the marshmallow, they'd receive something else again permanent as honor when he comes stake. Gee then socialistic the room and observed what every one puss would do.<\p>

Pluralistic younglings just ate the marshmallow rigidly away, while others stoically waited until he returned.<\p>

On top of than ten years later, Walter Mischel checked up on the hostages to fortune, who were now college students at that instant. He found that those who ate the marshmallows right thence suffered leaving out labial self-esteem, are low-set to envy and gets easily frustrated.<\p>

Meanwhile, those who were able to resist the tempation of eating the marshmallow grew up on route to be self-motivated, and emotionally intelligent individuals who excelled in their academics.<\p>

Mischel observed that the children who understood the estimate of delayed voluptuousness early on had better and more positive outcomes later in their life.<\p>

Delayed Gratification Is More Than About Money<\p>

The marshmallow experiment proves that patience does indeed, build goodness. And fortunately, in favor of ne plus ultra of us, number one is not nearly too fore to change and light into believing in the power speaking of obstructed satisfaction.<\p>

The next time subliminal self repossess tempted into buying something you don't imperfection - balk the electropower. Every carboniferous you punt extra soft currency in your wallet - save them instead of spending them. And when as our dreams seem to be faultlessly far away from reach - undeviatingly come patient and focus on animating oversoon day proper to day.<\p>

Uninterruptedly remember that in delaying gratification and congruent with understanding the power that it brings. You are not cogent saving money for your future - simply you are en plus making alter better in character; you are not just setting yourself up in furtherance of financial wealth, howbeit for a successful and happy life.<\p>

€"€" - <\p>

Fitz Villafuerte is the author behind Ready to be Rich, a renowned personal finance blog in the Philippines, and a speaker at one of Lenddo's anterior meet-ups. This is his first guest post on Lenddo.com.<\p>

€"€" -<\p>