You will always be in financial trouble if you don’t decide to have an Emergency Fund.

All seafarers are money spenders. We come on-board and stay their for 2 months or more, and when we sign off we have enough money to spend. But the question is how do we spend our money? Some of us has enough financial literacy and knows how to properly invest their money. Most of us…

Continue Reading →

Work UNTIL 50 AND RETIRE BROKE – Where DOES YOUR MONEY GOES?

Money is one of the reason we are working, we need our salary to sustain our needs. It sounds sarcastic but it is true. I remember asking in the seminar that I usually conduct; who among them love their job, to my surprise, all of them raised their hands. When I ask them again; who…

Continue Reading →

Be warned! If you do this again, you’ll end up broke.

Being broke is the worst situation that you’ll end up in if you manage your money the wrong way. Jumping into decisions without consultation often leads to disaster and poor knowledge of what your putting yourself into. It is like eating food in a dark room with no light. You keep on swallowing the food,…

Continue Reading →