We, Filipinos, are not hard wired to save, more so to invest. We are so excited with the latest gadget that is selling in Singapore from 1,300S$ to 1,700S$ (based on the deals promotion in the picture above). But worse is that in the Philippines I heard that it was ranging as high as 3,000S$. The funny part is you ask the following questions to the techie person more likely the answer will be a resounding “No”: Do you have…
There are some horror stories shared in the OFW circle. I want to share them with you to scare you in a good way to prepare for the future by taking stock of where you are, ensuring proper protection (through insurance and emergency fund) and ensuring a good retirement (through investments and business pursuits). Eric worked as a seaman while Ana, his wife, is a plain housewife. They employed a maid so Ana doesn’t need to do household chores but…
In Nov 2012, I mentioned in my blog about my dream board. One of the things that I wanted to achieve was 1M Php (in emergency fund, investments in stocks and mutual funds) by end 2013 and I’ve got to admit that was one of the most challenging goals I have ever set for myself. Flash forward to 31st December 2013, I am very proud to say I have missed my target. Why I am proud inspite of missing my…
This is a reposting. The original blog was posted last Jan 2013. Sorry if I have been out of touch in the blogging world for the past month as I was busy with work and spending time with friends and family during the holiday season. I wish you had a great Christmas and a prosperous New Year ahead. Today the Happiness Factory had an offsite company-wide business planning session for 2013. We reflected on the 2012 performance metrics, what we…