Give all your money to the poor. Will you follow?

Others may feel differently. But for someone studying personal finance & investing like me who also would like to transfer the right knowledge and values to #2daughters, I find the story of the the rich man who consulted the Savior, very disturbing! It’s as if I’m in a dead-end, staring at a brick wall seeing some writing on the wall (like the image above). It seemed like all stuff I am discovering up to now will eventually end up useless!

What?! Sell my possessions and give the money to the poor?! Perhaps everyone, whether rich or poor at this very moment, will do the exact same thing the rich man did. He went away, was sad and grieved for he had great possessions. Honestly? I think even the poor would do that. 

I do. I don’t have great possessions yet. And with very little resources, I would question, why should I give to others when what I have is not even enough for me? I can not give what I don’t have! Hello?! In case I sell whatever I have, I’d rather use the proceeds which will definitely be insufficient still. Ako muna bago sila! (Me first before them!). Isn’t that how people, by nature, misbehave? 

Thankfully, I found this sensible note I can agree with. It reads:

“What does your money mean to you? Although Jesus wanted this man to sell everything and give his money to the poor, this does not mean that all believers should sell all their possessions. Most of his followers did not sell everything, although they used their possessions to serve others. Instead, this story shows us that we must not let anything we have or desire keep us from following Jesus. We must remove all barriers to serving him fully. If Jesus asked, could you give up your house? Your car? Your level of income? Your position on the ladder of promotion? Your reaction may show your attitude toward money-whether it is your servant or your master.”

(Above commentary is from the Life Application Study Bible, page 1436; published by Tyndale House Publishers, Inc.)

Therefore, having possessions and having the money or the lack of them is not the issue. Being rich or poor is not the issue. My attitude is the issue. Your attitude is the issue. No matter which strata you are in, in this society and generation, right now, while you’re reading up to this paragraph. 

This, I think, is the reason why there’s a saying “money is the acid-test of character” (credit to whoever said that). I once heard Francis Kong in a TV interview said that “money problem is an attitude problem.” Often because people misplace money in their lives. Money should always be a servant, and never a master, of our lives. May God help me to always keep that top-of-the-mind awareness.

Postscript 1/2: You can read the whole story of this rich man who was so attached to his great possessions in the link below:

Looking at the man, Jesus felt genuine love for him. “There is still one thing you haven’t done,” he told him. “Go and sell all your possessions and give the money to the poor, and you will have treasure in heaven. Then come, follow me.”
Mark 10:21 NLT (http://bible.com/116/mrk.10.21.NLT )

PostScript 2/2: Incidentally, I am part of a community that teaches that the ultimate purpose of wealth/money is to love and serve others. See for yourself if you fit, click this now!

Why I’m so hooked with money… and other whys…


After reading up to the bottom part, you should have an idea to answer the questions: (1/3)why I’m so hooked with money topics (teka. sino ba may ayaw sa pera? yung totoo, wag ka kaya plastic! 🙂  )?  (2/3)Why I introduced you to envelopes you sometimes would not want to use (sabi ng isa nawawala na daw 🙂 🙂   )? (3/3)Why you should take care of your talents/gifts and contribute them to the universe?

This video below is so far my favorite of the series of the latest of Bo’s online ministry entitled Backstage. It’s unique also because the crew is composed of just kids like you who are practicing their unique talents and gifts! (see that? you have the power to do anything! Find that talent and gifts! Usually that’s where you are good at.)  Continue reading

“Save” more from “Spend”?

Si Ate pala ay may savings pa rin taken from the supposed “Spend” envelop?

Confession n’ya yan while we were on #JFC ice cream and value meal date the other day – matapos makabili ng (a) ibang school supplies (world map, etc) for her school project, (b) some stuffs (small chunks of nuggets, ham and hotdog) from #PGOLD, and (c) a minimum boardlot of 10 shares of #BPI stocks for about nine hundred pesos only.

Yan ay bukod sa kanyang (allowance) savings na ipinahahawak sa akin to be deposited as her payment sa kanyang future self through her investment account.

Natuwa ako dahil mukhang nagiging habit na ang pag-save. Ito lang kasi ang tanging paraan para makapag-invest ang isang tao.

Concerned lang ako. Continue reading

Gaano ka kasuwerte?

Kung nakakapag-school ka at hindi kailangan maglakad ng isang oras papunta at isang oras pabalik, di ba swerte ka?

Kung may baon ka at di kailangan mag-ulam ng asin, di ba swerte rin yan?

Kung hindi ka sa kuweba kailangan tumira kasama ang mga wild animals tulad ng ahas, swerte din bang matatawag yan?

Ang nasa ibaba (press “F5” key kung wala ang video ng #KMJS) ay isa sa mga nakakalungkot na kuwentong napanood ko: Continue reading

Lagi magpasalamat

Dapat laging pahalagahan ito: Being grateful.

Parati magpasalamat. May pera man o wala.

Kasi nga naman kung complainer (mareklamo) ka, lalo lamang lalayo sa’yo ang grasya (blessings)! Kaya para makasigurong lalapitan ka ng blessings, alam mo na ang gagawin mo. 🙂

May kasabihan akong nabasa noon na “gratefulness leads to contentment and abundance.”

Be very blessed by watching this life-changing discussions about gratefulness and other important life values: Continue reading

Paano iiwas sa scam?

Listen to this victim from a latest news story:

“First, I invested P50,000, which grew to P60,000,” said the victim, a government employee who invested the money …

“The victim added that he was told that his initial investment was used to buy shares in San Miguel Corp., a claim that he could not verify. Although unverified, he decided to “roll over” the P60,000 and, in a span of three months, was told that it grew to P100,000.”

May mali di ba?

Sinabihan s’ya na ibinili ng stocks ng San MIguel Corp (SMC) pero di n’ya ma-verify kung totoo. Nagtiwala pa rin. Ipinasok pa rin lahat ng pera (principal at tubo nito). Sinabihan ulit s’ya, at malamang di na naman nai-verify, na yung P60k n’ya ay naging P100k na! Pagkatapos, lumabas na ang news story.

Ang totoo, paulit-ulit na lang ang ganito (check “Further reading” sa ibaba).

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Ano ang gagawin ko? Continue reading

Daloy ng pera

Dumadaloy ang pera kaya madalas tawagin itong “cashflow.”

Masayang isipin kung dumadaloy ito patungo sa’yo (inflow). Pero kung bumabaha ang paglabas ng pera (outflow), puwede maging miserable ang buhay ng isang tao.

Journal

Dahil marunong na kayo magsulat ng journal, may nahanap ako pwede n’yo magamit para sa inyong intentional awareness ukol sa pagdaloy ng grasya kahit allowance (at kaunting EARNings) pa lang yan sa ngayon.

Madali lang kasi “fill in the blanks” lang s’ya.

Pwede n’yo itong balik-balikan para makita ang inyong progress habang tumatakbo ang panahon. Ang totoo, malaking bagay din sa akin ang journal na ito. Hindi lang kasi s’ya pambata.

Kung seryoso ka sa tinatawag na financial stewardship (pangangalaga ng pinansyal na grasyang kaloob ng Maylikha sa atin), maige na balik-balikan ang fill-in-the-blanks na journal na ito.

I-click (sa ibaba) para makita ang Journal:

  • Nagalak ka ba sa pinagkagastusan mo kamakailan? Bakit?
  • Alin sa mga ginastusan mo ang pinagsisisihan mo ngayon? Bakit?
  • May spending habit/s ka ba na kailangan i-improve? Paano ang plano?
  • Paano ka pa makakapag-save?
  • Kapag malungkot(naiiyak)ka o masama pakiramdam mo, ano ang mga mabuting bagay na maari mong magawa na hindi mo kailangan gumastos ng pera?

Continue reading

Choices

Kinakaharap ng lahat ng tao ang ‘choice’ (pagpili).

Walang nakakaiwas d’yan. Kahit kasi ayawin mo mamili (mag-choice) at sinasabing “wala akong choice,” eh yan mismong sinasabing ganyan, yan na ang mismong choice!

So, no choice is a choice!  Wag yan kakalimutan 🙂

Bakit mahalaga rin na maunawaan yan?

Kasi ang totoo mahirap gumawa ng choice marami man ang pagpipilian o kahit kakaunti lamang.

Personally, mas gusto kong mamili kung mas maraming options or resources (choices).

Okay lang para sa akin ang malito kaysa naman sumakit ang ulo dahil kulang ang options or resources.

Mas mahirap, sa ganang akin lang naman, kung kakaunti lang ang pagpipilian (choices).

Lalo na kung kakaunti lang ang pera, pero kailangan talaga ang pagkagastusan. Di ba halimbawa pa lang yan, masakit na sa ulo isipin?

Think scarcity when spending!

Sa mundo ng Economics kasi umiiral ang tinatawag na scarcity (o yung tila ba unlimited human wants in a world of limited resources).

Mainam na isaisip yang scarcity pagdating sa usapin ng gastusin (spending) kasi mas magiging wise (wa-is) ka sa paggastos. Bibili ba ng gown or magre-rent na lang? Saan pa ba pwede makakita ng mabibilhan ng mas mura? (okay yan, magka-canvass pa kayo ng classmate).  P’wede pa kaya magamit yung pinaglumaan ni ate para sa first communion ni bunso? Well, kahit di naman tight ang budget, kailangan ang mga ganyang tanong.

Mahalagang ma-consider ang mga ganyan katanungan para Continue reading

Spending (Paggasta)

'I'm done with school because all I need to make a living is to know how to persuade my dad to give me money!'

Hmmm… Not so good source of money for spending. A more sustainable source of money for spending is yourself and your investments. (Image source: Cartoonstock.com)

Magandang pag-usapan yung pangatlong bahagi ng money cycle: 1)Earn, 2)Save, 3)Spend, 4)Donate.

Spend.

Ito na marahil ang pinakamadaling intindihin sa bahagi ng money cycle. Araw-araw kasi itong ginagawa. Mas madaling maintindihan at mapaghusayan kapag araw-araw na napa-practice. And practice makes perfect.

Kumakain tayo araw-araw. Walang mintis yan. May gastos(spending) yan sa bigas, ulam, tubig, asin, mantika, asukal, paminta, gas o kuryente, cook lalo na kung kumain ka sa labas(fast food halimbawa). Kahit ikaw lang ang nagluto ng pagkain, gumastos ka rin ng oras dahil ang oras mo ay mahalaga. At binabayaran ang oras mo kapag nagtatrabaho ka o kahit nagpapatakbo ka ng sarili mong negosyo.

Bakit mahalagang maunawaan ang spending?

Para hindi mo malustay ang pinaghirapan o pinagsikapan mong Continue reading

From the FQ Mom – to Ate and Bunso

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Minsan, mahirap maniwala kapag walang nakikita kahit pa totoo ang mga “principles” na naririnig natin. Yan ang mahirap sa journey, kailangan mong maging visionary (parang yung Makati City lang, dati mga talahiban yan, pero yung mga nakikinabang dyan ngayon, nakita nila na yung bawat talahib na yun, matataas na gusali! at yung pinagsama-samang mga talahib, financial center ng bansa!).

So, tayo andoon pa tayo sa “Journey.” Sa totoo lang di talaga nagtatapos yan until the eternal kingdom is established. And we do not know when that will happen.

Sometimes lang

Ako kasi aminado din na minsan (kung hindi man madalas – at kung madalas man, gaano kadalas ang minsan? whatever!) sinasabi ko “to see is to believe!”

Kung medyo nakakalula pa rin yung pinaka-guiding principles natin sa ating financial literacy journey, may mga pinakiusapan (inistorbo, kinulit, kinalampag, ini-stalk — syempre in a nice way) akong mga tao na napagdaanan na itong journey natin para maging role models natin. Kulang kasi ang lifetime ng isang tao para makamit lahat ng magagandang accomplishments ng iba. So better learn from their experiences – nakakadagdag sila sa karunungan mo sa pinakamaikling panahon. Continue reading