Financial Literacy

Hi, thanks for dropping by. In order to grasp the content of this page, please read all following articles. Do not skip, scan, worst close this page. This is all about Financial Literacy and how it affects each and everyone of us. You might tell me you already know this but hey, read again and it might be worth to share those articles to people who need to be educated. It's not too late you know.

Am I making cents here? hehe
photo courtesy of michelledaviscpa.com

My first encounter with the term "financial literacy" was when we had one of the sharing sessions within our department. The aim is to strengthen our ties by sharing thoughts within our group. In this particular date, one of my co-workers talked about "financial literacy". I was surprised and enlightened about what he said, because it was something I have been doing, but is not enough. The topic also reflected about my plans for 2013 which are stock investing and business set up. We were very glad that the session ended up on a positive note. We were encouraged by our Chief that we as the next generation of our country should take the opportunity to invest as early as we can. After that, I was really keen on setting up my goals in terms of investing for family plans and retirement.

Now, I hope it gave you some kind of a headstart on what the articles are gonna tackle. Let's start from the oldest topic: (as always, just click the link)

• 2012 Sept. 29, The quest for financial education
• This article gives statistical data from survey about Filipinos general measure of financial-being, are you one of them? Aminin mo na. :P

• 2013 Feb 26, Financial Planning, Pinoy Style
• I really like this article as I can relate to each and every point the author has made. According to Randell Tiongson, the author, "I believe that our problems(financial) are largely behavioral and cultural...Filipino parents expect their children to support them financially". I know you will argue but read first and understand the argument, ok.

• 2013 Jun 16, Number of households with savings fell in Q2
• Another article with statistics worth checking out. Ipon-ipon din pag may time.

• 2013 Jun 28, Filipinos as money 'experts': Clueless on bonds,stocks and loans
• Are you one of them? Are you brave enough to know your level?
• Example question: 1) Which of the following statements about inflation is false ? (go to the link and find out)

• 2013 Aug 6, Financial literacy and inclusive growth
• An updated article for financial literacy. Now that everything can be asked from Mr. Google, there are a lot of ways to be educated these days. "Pag ayaw madaming dahilan... nuknukan ng dami!"

I hope you had a good time reading. I want to educate and enlighten others in order to raise our economy to new heights. We are the workforce of our nation, we earn money and we spend them. It drives the economy. Supply and demand. Buying and Selling. We should be financial literate to manage our money so we can have a sustainable life until we retire. Our richest countrymen started from scratch (pwera yung mga na popork barrel scam at iba pang kurakots), why can't we?

Gets mo???
photo courtesy of floridaliteracy.wordpress.com

Wanna comment? Feel free. :)

Cheers!

Links:
Inquirer
Business Mirror