Money and Knowledge: Awsfkjcasjfnxv HG

Awsfkjcasjfnxv hg
Whenever the topic of financial education is brought up, most Filipinos brush it off thinking that it is
only for businesspeople or for the rich. The truth is, we all need it. If you want to be free financially
or if you want to be rich, you need to learn this!
Although we dont pay much attention to it, it does affect our daily lives. To put a child to school, to
own a house, to drive a car, to pay the bills all of these will be affected by both having and not
having the knowledge about handling money wisely.
Money and Knowledge

People think that acquiring huge sums of money will solve their problems. It may be true for some,
but without the knowledge to handle it correctly, others might find themselves in a more problematic
situation.
You may have heard of lotto winners who ended up being bankrupt or in a financial mess. This is
what usually happens to instant millionaires who suddenly find themselves rich in fact, too rich that
they do not know what to do with the money anymore.
This is exactly what happened to Dionie Reyes who won 14 million pesos in the PCSO Lotto 6/42
draw last April 22, 2008. After winning, he lived the life of a millionaire.
He bought a P4-million house in an exclusive subdivision, drove a sports utility vehicle, and gave
balato ranging from P1,000 P850,000 to his friends and relatives. He also gambled, womanized,
and went out every night. After 3 months, he spent all of his money and ended up in debt.*
People lose money for many reasons, and overspending is one of them. This is the reason why
having money and financial knowledge at the same time is the key that will greatly help in improving
ones life. Money and financial knowledge go hand in hand. Just like what the author Robert Kiyosaki
said, Money without financial knowledge is money soon gone.
Money Begets Money
Our culture has taught us that the sure way to become rich is to have a good education, get a high
paying job, and live your dreams. Although that is a good advice, a lot of professionals, OFWs, and
fixed-income earners know that it is a cycle of go to work, receive your salary, and pay for the
expenses. The live-your-dream part is always set aside for the future, hoping that things will get
better. They are the people who work for money.
But there are some who learned to make their money work for them. How were they able to do that?
They acquired the knowledge of Smart Investing.
Know Your Options!

Did you know that you have different investment options?
Investment instruments like Stocks, Mutual Funds, Real Estate, Insurance, and others can help you
achieve your financial goal. You may have heard these investments before, but do you really know
how they work?
Most Filipinos, even though they want to invest in these instruments, are afraid to do so because
they fear that they will lose their money. And because they dont understand it, they will not invest at
all! (Read more about fear of investing here: Fear Factor)
As we always say, take the time to learn so you can take away the fear. Understanding the different
kinds of investments available will help minimize the fear of investing.
Once you have acquired the knowledge, you will see that investing isnt so scary after all. You can
sleep better at night knowing that you are taking steps today that can potentially change the way you
live your life in the future.
Educate Yourself
Gone are the days when information about money is limited. There are books, articles, websites,
and seminars that teach financial education to those who need it the most the common Filipino.
These are the students who want to have a brighter future, the parents who want to provide for their
children, the young professionals who want to stop working and do what they
really love, the OFWs who just want to return home and watch their children grow, and the
thousands of skilled Filipino workers who want to live comfortably.
*Source: Lotto Winner Spends P14M
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FILED UNDER: BLOG, INVESTMENTS GENERAL, SAVING & BUDGETING, STOCKS TAGGED WITH: FINANCIAL
EDUCATION, FINANCIAL LITERACY, PERSONAL FINANCE, STOCK MARKET
Comments
1.
Angelica Bilbao says:
April 23, 2013 at 11:06 pm
Splendid Peso and Sense team! Blogs like this are very valuable communicating tool that will help others
understand that investing in the stock market is a prime choice.
Reply
2.
Weng says:
April 24, 2013 at 5:34 am
Just wanted to inquire if u have any upcoming seminars from june 15 to end of aug as we will be home in
phil
Reply
3.
Eliza says:
April 24, 2013 at 8:57 am
Thanks for sharing! But I am having doubts if I can attend the seminar It is quite expensive. Hopefully
you can lower down the rates next time! Or maybe have a free seminar for all. Thank you.
Reply
Sheryl Magallanes says:
December 18, 2013 at 4:05 pm
Acquiring financial knowledge is like you are going to school.

You need to pay a tuition.
Reply
4.
Richmon says:
April 27, 2013 at 6:46 am
kaya hindi tayo umaasensong mga filipino kasi mahilig tayo sa pahingi hingi at LIBRE,, the knowledge
you can get to these seminars is more valuable that even millions of pesos cant buy
Reply
princegerald says:
May 21, 2013 at 9:56 pm
If you find it expensive try ignorance, hindi po tayo aasenso pag di tayo naginvest sa education.
Reply
5.
Carlos PFA says:
April 27, 2013 at 3:45 pm
Very informative article!

Personally, the poor and middle class need financial literacy more than the rich. After all, the rich already
have a large buffer to make mistakes. In contrast, its easy for the poor and middle class to get into and
drown in debt.
Reply
6.
Maria Teresa Serrano says:
May 23, 2013 at 7:48 pm
all the peso and sense videos are very informative.and i am looking forward to attend some
seminars..and to i want to take this opportunity also to invite all to attend a free Seminar of IMG topic is
PRACTICAL MONEY MANAGEMENT AND INVESTMENT STRATEGIES venue is at Kingscourt
makati,3rd floor, This Coming Saturday 9am.
Reply
7.
maureen exconde says:
June 9, 2013 at 1:09 am
Ive been a follower to all your post in fb for months and it is very informative.. i am an agent of sunlife of
canada, and as part of the company our advocacy is also to help educate filipino people be fiancially
free.. im quite new in the indusrty, but reading ur articles helps me be more equiped in dealing with my
client.. in return i would love to invest attending your seminar.. please send me your rates
at [email protected].. thanks so much
Reply
8.
jhanze Pasco says:
June 18, 2013 at 11:11 pm
Do you have seminars to be conducted here in cebu? Pls let me know thank you and more power.
Reply
9.
Rambo Ruiz says:
June 19, 2013 at 6:23 pm
Salamat mga kasama sa Pesos and Sense you arent just educating people BUT are inspiring them as
well.. I am one of them that you never failed to inspire. Now inspirations dont lasts.. ACTION and critical
thinking is required too.
Quick question lang.. my wife and I thought of making ourselves safe first by getting a health insurance
and then will go to investing.. what are your thoughts on what we have done?
Muli ay salamat sa inyo
Reply
Aya Laraya says:
June 23, 2013 at 2:10 pm
Tama yang approach ninyo.

plan.
Reply
Just be sure you know how much premium you can afford for your
10.
Froilan Gagua says:
July 8, 2013 at 3:38 pm
Do you have any schedules of Seminars in Manila on August?
Reply
11.
Nehemiah Lopez says:
October 6, 2013 at 9:08 pm
I really need this, LOL! Though Im not yet starting to invest, Peso and Sense give me more information
about investing. My supervisor recommend the videos then I found out that na may site, the articles are
very helpful. I will share this sa mga kapwa ko empleyado ng factory dito sa Bataan na kuntento na lang
sa trabaho nila. God Bless.
Reply
12.
annacleta dizon says:
April 28, 2014 at 8:13 pm
please let me know kung my sched seminar kayo dito sa manila this coming may..
Reply
13.
Norman L. Ocampo says:
June 23, 2014 at 3:20 pm
Financial literacy is a MUST in our daily lives, we have to acquired it and learned the ropes of financial
literacy, just saving 10% 20% of your income will have a lasting effect on your lives knowing that the
distant future holds a life of convenient and worry free, especially for OFWs because living and working
abroad is not a lifelong endeavors, a majority of OFWs works only for 20 years an average if you will not
save a portion of your salary come to think of what scenario will happen if you choose back to go home,
saving EARLY is the best and invest it in mutual funds, stock, real estates, business or treasury bills, do
this for you and yourselves im sure your future is much more brighter
Reply
14.
Alvine says:
June 27, 2014 at 11:37 am
Very informative site! Tis site help me a lot when I am starting my financial education and even now I am
still following the topics and sometimes reviewing it when I was out of the way. Thanks Sir Aya and P&S
staff.
- See more at: http://pesosandsense.com/financial-education-for-filipinos/#sthash.TTQdAB62.dpuf

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Awsfkjcasjfnxv hg

Money and Knowledge

Money Begets Money

Know Your Options!

Angelica Bilbao says:

April 23, 2013 at 11:06 pm

April 24, 2013 at 5:34 am

April 24, 2013 at 8:57 am

Sheryl Magallanes says:

December 18, 2013 at 4:05 pm

Acquiring financial knowledge is like you are going to school.

April 27, 2013 at 6:46 am

May 21, 2013 at 9:56 pm

Carlos PFA says:

April 27, 2013 at 3:45 pm

Very informative article!

Maria Teresa Serrano says:

May 23, 2013 at 7:48 pm

maureen exconde says:

June 9, 2013 at 1:09 am

jhanze Pasco says:

June 18, 2013 at 11:11 pm

Rambo Ruiz says:

June 19, 2013 at 6:23 pm

Aya Laraya says:

June 23, 2013 at 2:10 pm

Tama yang approach ninyo.

Froilan Gagua says:

July 8, 2013 at 3:38 pm

Do you have any schedules of Seminars in Manila on August?

Nehemiah Lopez says:

October 6, 2013 at 9:08 pm

annacleta dizon says:

April 28, 2014 at 8:13 pm

Norman L. Ocampo says:

June 23, 2014 at 3:20 pm

June 27, 2014 at 11:37 am

- See more at: http://pesosandsense.com/financial-education-for-filipinos/#sthash.TTQdAB62.dpuf

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