Managing your Personal Finances

With nothing to do, but work, I’ve found myself incessantly drawn to watch How To YouTube videos. The types of videos that I am drawn to ranges from 30 day challenges to business videos to financial videos. But, I’ll admit, How To videos on Managing your Personal Finances always attracts me.

I guess the thought of watching Managing your Personal Finances videos feels like I’ve actually done a good job (at least for today!). It feels like a step closer towards financial freedom! haha!

But, we still have a long way to go when it comes to this topic. The financial literacy rate in the Philippines is still very low. Here’s an article from our Central Bank (BSP): http://www.bsp.gov.ph/publications/media.asp?id=4868&yr=2018

So for my Business Over Coffee on my vlog on YouTube (which you need… yes, NEED to subscribe to! haha), I have invited a good friend of mine, Oskie King, to shed light to some of the basic Personal Management questions that we may have.

I hope you liked this video. This is the best time to take control of our finances. Managing your personal finances can be tough, but there are people like Oskie and videos like this that may be able to help you.

If you have suggestions on other topics that I can talk about, or guests that you would like me to invite, please feel free to comment on the comment section below.

Here’s to your financial freedom! Stay tuned for Part II, which is Managing Finances at a time of a Health Crisis.

Sincerely,

The First Angat Pilipinas Financial Literacy Awards

I think that each one of us should have a personal mission — a mission that would eventually make the world a better place. My mission of helping people launch their own successful businesses, I believe, goes hand-in-hand with the group that I recently joined. This group’s mission is to spread the word on saving and smartly investing money. This group is called Angat Pilipinas Coalition for Financial Literacy. This group aims to start with educating three segments of our society: OFW families, the creative professionals and student and youth groups.

I believe that understanding how to intelligently handle your money helps in fulfilling that dream of creating a successful business. I think that those who know how to handle their money well will have an advantage because of a trait that these people possess. I think these people possess the discipline that is required of them.

Personally, I think that a big chunk of what made people succeed is discipline. It takes a lot of self-motivation and control for you to be disciplined enough to follow a saving pattern that will eventually get you to that financial goal that you want to achieve. It also takes the same attitude to get you to start and continue with the business that you want to get into. I have seen a lot of guides on how much to save, when to save, where to save, etc. We even have financial workshops that help you understand all these concepts and terms, but what I saw and what I keep on noticing is that those who have that drive and motivation and discipline to keep at whatever it is that they want to do are those that succeed.

A big part in keeping people motivated isĀ getting support from the people around them. If you really plan to start a business or save up or invest regularly, it’s good to surround yourself with individuals who will inspire you and motivate you. Angat Pilipinas is one group that you can join. I have made great friends in this organization and I wish them more success in achieving their mission!

Thank you for inviting me to be one of your Advocacy Consultants and a presenter for the first Angat Pilipinas Financial Literacy Awards night!

 

Angat Pilipinas Financial Literacy Awards

Angat Pilipinas Financial Literacy Awards

Me and Angat Pilipinas Chariman, Burn Gutierrez, presenting the award for Financial Institution of the Year

Me and Angat Pilipinas Chariman, Burn Gutierrez, presenting the award for Financial Institution of the Year

Me, Fitz Villafuerte and Marvin Germo at the Angat Pilipinas Financial Literacy Awards Night

Me, Fitz Villafuerte and Marvin Germo at the Angat Pilipinas Financial Literacy Awards Night

Sen. Bam Aquino during the Angat Pilipinas Financial Literacy Awards

Sen. Bam Aquino during the Angat Pilipinas Financial Literacy Awards

Joey Ayala during the Angat Pilipinas Financial Literacy Awards

Joey Ayala during the Angat Pilipinas Financial Literacy Awards

Achieve Financial Freedom: Start Now!

All of us want to stay at home and live life by using just passive income. I remember a friend told me that she had a dream of being a housewife — to wake up early each day to have breakfast with her “amigas” and cross stitch. After lunch, shopping in the mall would follow and in the afternoon, they would have afternoon tea. Ladies, who among us do not want to have this kind of life? I know I want to be a ‘donya’ housewife eventually. But how do we get there? I just realized that we have to start somewhere and we have to start now! We need to achieve financial freedom and FAST!

These first 6 months have really been good for us, in terms of fixing our finances. This was so because we got to listen and follow the advice of Fitz Villafuerte. Fitz Villafuerte is a civil engineer who decided to quit the corporate world in 2003 to pursue entrepreneurship. His blog, entitled, Ready To Be Rich, has already received several recognition including the Best Business and Finance Blog at the Philippine Blog Awards for two years in a row. Moreover, an international finance publication, Wise Bread, has likewise ranked his website as among the Top 100 Personal Finance blogs in the world. Fitz has also been recognized by Moneysense Magazine as among the top 12 most influential people in Personal Finance in the Philippines.

Achieve Financial Freedom: Personal Finance 101 Workshop

Achieve Financial Freedom: Personal Finance 101 Workshop

If you are thinking about achieving financial freedom at the soonest possible time, now is the time to make the right plan. I would like to recommend attending the Ready to Be Rich: Jumpstart your Wealth Workshop. Full disclosure: This is a workshop made possible by Manila Workshops, but the thing is, even if we didn’t organized this, I would still recommend this workshop.

In this workshop, you will get to answer the questions:
1. Who is the best financial adviser for me?
2. What are the three things I need to become rich?
3. What are the ten financial stages of life, and where am I now?
4. What is the most effective way to eliminate credit card debts?
5. How much do I exactly need for my emergency fund?
6. How much life insurance coverage do I really need?
7. How do I create multiple sources of income?
8. How do I know the amount of risk I can afford when investing?
9. How do I build, diversify and manage my own investment portfolio?
10. How much money do I exactly need to retire?

The ones that I highlighted are really the things I want to know more about and what I normally hear from family and friends. How about you? What are the things that you would like to know more about? Feel free to comment below.

In this workshop, you will be able to do hands-on and interactive activities, such as creating expense and income statements, preparing a zero-based budget system, debt management strategies, practical investment portfolio management and many others. This will be one of the best personal finance 101 workshops that you will ever attend because of all the practical tips that you will get.

The workshop will be on Saturday, August 17, 2013 from 10:00 AM to 4:00 PM. The venue will be at Studio SnR, 3rd Floor, Millenium Place, Meralco Avenue, Ortigas Center, Pasig City.

REGISTER NOW AT: http://manilaworkshops.com/2013/07/ready-to-be-rich-jumpstart-your-wealth.html