Awsfkjcasjfnxv hgWhenever 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 KnowledgePeople 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 amore 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 MoneyOur 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 YourselfGone 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 theyreally 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

7532159728011.4KFILED UNDER:BLOG,INVESTMENTS GENERAL,SAVING & BUDGETING,STOCKSTAGGED WITH:FINANCIAL EDUCATION,FINANCIAL LITERACY,PERSONAL FINANCE,STOCK MARKETComments1. Angelica Bilbaosays:April 23, 2013 at 11:06 pmSplendid 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.Reply2. Wengsays:April 24, 2013 at 5:34 amJust wanted to inquire if u have any upcoming seminars from june 15 to end of aug as we will be home in philReply3. Elizasays:April 24, 2013 at 8:57 amThanks 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 Magallanessays:December 18, 2013 at 4:05 pmAcquiring financial knowledge is like you are going to school.You need to pay a tuition.Reply4. Richmonsays:April 27, 2013 at 6:46 amkaya 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 buyReply princegeraldsays:May 21, 2013 at 9:56 pmIf you find it expensive try ignorance, hindi po tayo aasenso pag di tayo naginvest sa education.Reply5. Carlos PFAsays:April 27, 2013 at 3:45 pmVery 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.Reply6. Maria Teresa Serranosays:May 23, 2013 at 7:48 pmall 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.Reply7. maureen excondesays:June 9, 2013 at 1:09 amIve 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 atmau_ex@yahoo.com.. thanks so muchReply8. jhanze Pascosays:June 18, 2013 at 11:11 pmDo you have seminars to be conducted here in cebu? Pls let me know thank you and more power.Reply9. Rambo Ruizsays:June 19, 2013 at 6:23 pmSalamat 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 inyoReply Aya Larayasays:June 23, 2013 at 2:10 pmTama yang approach ninyo.Just be sure you know how much premium you can afford for your plan.Reply10. Froilan Gaguasays:July 8, 2013 at 3:38 pmDo you have any schedules of Seminars in Manila on August?Reply11. Nehemiah Lopezsays:October 6, 2013 at 9:08 pmI 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.Reply12. annacleta dizonsays:April 28, 2014 at 8:13 pmplease let me know kung my sched seminar kayo dito sa manila this coming may..Reply13. Norman L. Ocamposays:June 23, 2014 at 3:20 pmFinancial 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 brighterReply14. Alvinesays:June 27, 2014 at 11:37 amVery 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