Thursday, 31 December 2015

How to avoid 2015 money mistakes?

Every yearend we prepare new year's resolution but most people they don't include money, the results same money mistake and same financial difficulties.

I would like to share with you, how to avoid 2015 money mistakes;

First; Financial plan. Planning your finances, know where you going to put your extra income and maximize your savings. How much will be the total value of your stocks portfolio? What will be the sideline business to start?

Second; Budget. Create a monthly budget. This will take 10 minutes of your time but many OFWs don't really appreciate the art of budgeting. To help you on this part, here is the link for budgeting app;

Third; Keep your spending low. Don't catch up with joneses. Many high income earners spend even more than their paycheck. A fishball vendor have more savings than those holding blue collar jobs. It is not how much you earn but how much you save.

Fourth; Ignoring small fees. There are small expenses that we usually ignore such as credit card charges, late penalties of monthly amortization, overdue payments etc. etc. Beware of those because if you sum up it will be equivalent to 20% of yearly expenses.

Fifth; Saving for a storm. Build your funds in different buckets especially emergency funds. Better to be prepared for unexpected.

Have a Prosperous Year 2016!!!

Sincerely yours,

Jonathan Ruiz 
Newbie Mentor 

Wednesday, 30 December 2015

Important Lessons in Closing Year 2015

It's time to closed the books of year 2015 and open the year 2016. There are a lot of great things happened in my personal life that will be a part of my life story and memories that I could share to my grand kids in the future.

Join me to closed the Year 2015 and let's open the year 2016 with a BANG!!!

First, I renewed my Faith to God, one of the hardest because of many factors such as my past, career, hurts, failures and ambitions. I realized that his with me "All the Time", every moment that I'm falling rock bottom, he will push me to stand up again. Start the year 2016 to work out your spiritual relationship.

Second, I moved from Norway to UAE. I'm used to moving from one country to another, this is a very special moved because for the reason of reunification with my wife. A bonus received "A Lovely Baby  Daughter, Athena".

Third, Family that prays together, stays together. Prayer is a very powerful tool, miracle can happen to any member of your family especially if you pray with good intentions."I personally seen different miracles this year 2015". My father's heart problem and health issues (MRI results negative) , wifey's early delivery of baby (weeks completed and delivered normally), many more...

Fourth, Manager or a Leader. I started working as a Manager of Coffee shop chain in Dubai. The truth my job offer is Financial Controller but I noticed that there are a lot of things to fix in the operations so I covered the operations and finance department. I act as a leader not a manager, you will earn more respect, yesterday "I received a special gift from my colleagues, "Sir pasensya na po, heto lang na kayanan namin" (Lol a branded long sleeves).Teary eyed, because I thought they gave me a tag as a "Terminator". By the way, I terminated at least 7 staffs in few months. I will be more considerate this year 2016.

Fifth, PAM Academy. An online learning platform that keeps giving recognition to my advocacy to educate and spread financial literacy to OFW's around the world. "Sir pwede ba kitang maging mentor?" this is a usual FB and email messages everyday. I'm planning to give this academy free for everyone in Year 2016  . My focus for 2016 is to continuously developed different applications for stock market like PAM PSE TRACKER and budgeting apps iProsper . I was able to organized a great team of developers.

Sixth, Money Matters. I monetized my blogs this year 2015, nominated in different awards  and created passive income. I also able to rent out my condos. Money is easy to earn if you have an abundance mindset and work hard for it. Money will overflows.

Seventh, Connect More. I been active in social media especially facebook to connect to long lost friends and family members. Year 2016 will be the same but more on productive post and I will focus on writing books. (I'm a desperate author and received criticisms with my grammar but that is a good motivation). In 2015, I was able self published

Eight, Health. I gained weight due to sedentary job and food tasting every week of 2015. For year 2016, I will lessen meat and more on vegetables. I will start my miracle morning by jogging, meditation and reading more books especially accounting books as preparation to achieve my unfinish CPA dream.

For year 2016, I want to be a better version of myself as a Father, Leader, Friend, Entrepreneur, Writer, Blogger, and Accountant.




Tuesday, 29 December 2015

What if today is your last day?

Yesterday I experienced a terrifying event, I took a bus going home, in the middle of the road it suddenly stops and smoke and smells inside of a burned rubber. Passengers start rushing to get outside, the terrifying part, I'm sitting second to the last seat. 

I'm seeing the smoke covering the inside part of bus, happy memories flashing back my head and the smile of my baby and wife. When I got out of the bus, I prayed to thank God, it's not my last day.

I pictured a scenario, what if that was my last day?
How will I answer the following questions?

What will happen to my family?
What will be the reaction of my families and friends?
What will happen to my businesses and works?
How will people remember me as a person?
What are the questions God will throw once I encounter him?
Did I live fully and according to his purpose?

Tomorrow will be the last day of year 2015. I would like you to join me in reflections of the above questions. Answer them honestly and start writing what  do you want for year 2016.

Have a Prosperous New Year!

Kindly download iProsper for your budgeting plan in 2016. Here is the link;

Sincerely yours,

Jonathan Ruiz 
The Global Dishwasher

P.S. Be inspired by this article about your Newbie Mentor,

Tuesday, 22 December 2015

Merry Christmas - Isang Pasasalamat

Christmas is the celebration of commemorating the birth of our Savior, Jesus Christ. This is the time to remember that we are saved by God's grace and love to humanity.

Before everyone gets busy, let me personally greet all of you "MERRY CHRISTMAS" AND THANK YOU FOR EVERYTHING. "

Photo Credit to My Wonderful Baby Athena

To All the Newbies in the stock market and PAMers, MABUHAY PO KAYO!!!

Spend your time with your Families and Friends and Enjoy the Seasons with Love and Joy in Our Hearts.

Sincerely yours,

Jonathan Ruiz

P.S. I might not be able to give a gift to everyone materially but this application can help you in your journey to Financial Freedom, iProsper :

Sunday, 20 December 2015

What is your ideal retirement?

Retirement - the act of leaving one's job and ceasing to work, giving up work, stopping work. As wikipedia defined it, a point where a person stops employment completely.

This is a goal of every Filipino OFW's to stop working abroad and go home to spend time with their families back in the Philippines.This is the time that you don't need to work and received money from your pension plans, government (SSS), retirement funds etc. etc, This is the ideal meaning of retirement for most of us.

I have done mini retirement in the past, I did n't worked for 8 months and depend on my passive income sources:  but recently joined a start up company in UAE. I experienced retirement for a short period of time and now,

I made a concrete plans for my next retirement.

First, I will have more than enough money to spend for extra leisure such as travelling, eating at finest restaurants, donating more on charities and foundation.

Second, I will collect money from my passive income sources and rental properties.

Third, I will continue developing apps and start more business ventures.

Fourth, I will spend time with my wife travelling and enjoying company of my grand kids.

Fifth, I will continue teaching, mentoring, helping and sharing blessings to others.

Retirement will not be equivalent to stopping completely instead continuously working on my passion.

How about you? What will be your adventure during retirement?

Sincerely yours,

Jonathan I. Ruiz
Newbie Mentor

P.S. Kindly download and share my newly developed app, the iProsper App,

Wednesday, 16 December 2015

How to send Passive Income Automatically to your Bank Account?

To escape the rat race, you need to exceed the passive income vs living expenses. The income from side businesses and extras outside of your regular monthly paycheck. It's also very important to make it automatic, there is no need for tracking.

Yesterday, I received my notifications from different sources:

Blogging Income:

Google wallet account, set up for blogging ads and selling applications.

Rental Income:

This is from rental income in trip advisor.

For selling ebooks, I used PAYPAL account as well as for PAM Academy, 

Start creating money machines and live with your passive income as preparation to your early retirement.

Sincerely yours,

Jonathan Ruiz

P.S. For monitoring and budget tracking, download now :

Friday, 11 December 2015

Earning more money is a skill

How to earn more money ?

I worked as a Chef, Marketing Director in Real Estate, Cost Controller, Blogger and Financial Advisor those are positions I took in the last 10 years. The truth, I'm trying to figure out which position will fit to my future goals but money is  a part of consideration, from being a Chef jumping to Cost Controller is 50% more pay. Blogging is a challenging endeavor, it took 2 years for monetization.

Developing skills will be part of your journey to prosperity. You can get promotions, partime consulting job, and  start your own business.

Aside from developing skills, developing key habits and attitude change will gives you more money;

1. Surround yourself with rich minded people. "Your net worth mirrors the level of your closest friends"- Siebold. If you are hanging out with those happy go lucky friends then there will be no difference in your lifestyle.

2. Read books. Rich people choose to read to increase their knowledge instead of watching TV.  I finish one book in a week.

3. Don't put your money on the bank. If you have extra savings don't let your money sleep for .01% interest instead invest it on other financial instruments stocks, bonds, mutual funds etc. etc.

4. Hustle, hustle. Learn to create money machines. Having a monthly passive income is a protection from unexpected termination or laid offs.

5. Budget. I highly recommend to start learning how to make your budget or cash flows statement especially for your Christmas bonus or extras. Here is the link for a great budgeting app iProsper

Sincerely yours,

Jonathan Ruiz
Newbie Mentor

Wednesday, 9 December 2015

Why you need to feel the pain in investing?

" Kailangan niyang masaktan para malaman niyang buhay sya." ( She needs to feel the pain, for her to know that she is alive).

A hugot line from the movie Ex with Benefits when Dee's telling the story to Arki how she suffered birth complications of not crying during the delivery.

Newborn babies should cry immediately after birth to get oxygen or else it will suffer a complications on the brain. 

It is synonymous to our journey to financial freedom, we are going to suffer from different levels of pain to be successful;

1. Working hard now and reap the benefits later. It could mean getting promotions, working overtime, and hustling on your business to take more cash into your pocket.

2. Delay gratification. Drinking 3 in 1 instead of coffee from Starbucks. Taking the bus or car lift instead of driving. Small things that could give extra savings.

3. Studying and reading books. Discipline yourself from being online every 30 mins instead spending time reading books related to your field that could add expertise and will help you get ahead.

4. Automatic debit to your savings account. The first notification after receiving your salary. It will discipline you living on your budget.

5. Diversification. Minimize your risk by spreading your capital into different investments. Check your risk appetite.

Do you feel the same pain?

It means you are in the last steps to your journey to financial freedom.

Sincerely yours,

Jonathan Ruiz

P.S. For the Budgeting App, here is the link:

Saturday, 5 December 2015

iProsper as a Tool to Financial Freedom

11 For I know the plans I have for you,” declares the Lord, “plans to prosper you and not to harm you, plans to give you hope and a future." Jeremiah 29:11

Prosperity is one of God's plan for everyone. He gave us already a future plan and what we need to do is take action.

Discipline will be a part of your journey to prosperity. Probably, you received the Christmas bonus or spent already. If you cannot remember where the last year's bonus spent then it will be same scenario today.

I developed a budgeting application in Google and iOS which I called iProsper. It will help everyone to prosper thru proper budgeting, tracking of income and expenses and reminders of upcoming bills. The budget formula is inspired by Borther Bo's prosperity formula of 10-20-70.

The total income distributed in different percentage allocations:

10% goes to tithes, this is your commitment to God to give. It can be more.

20% savings fund, it could be mutual funds, stocks, real estate etc. etc. and other investment instruments.

70% living expenses, you should live on this amount or even lower.

Nobody taught us about proper budgeting not even our teachers and we don't really track our spending. Let's learn to read our monthly spending reports.

Another important part of the iProsper app is the reminder for our upcoming bills and it will send you notifications once set the dates and amount of bill. This will avoid late penalties and interests.

Treat yourself this Christmas of this budgeting app that can change your view of proper handling of money and budget.

Here is the link of the app for Google play:
iOS will be launch this week.

Sincerely yours,

Jonathan Ruiz
Newbie Mentor
P.S. Don't forget to give 5 star ratings.

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