4 Financial Lessons I Learned From My Father That Changed My View About Money


Tuesday, June 16, 2015
Happy, happy, happy Father's Day!

I am writing this blog post today while sipping a warm cup of chai tea latte and lounging around my parents' apartment here in Doha, Qatar. :) If you're here in Doha, let me know so we can chat! I'll be here until July 07. 



Since Father's Day is just around the corner, I've decided to dedicate this blog post to my own version of Rich Dad, my very own Papa, even though he's not an avid reader of The Wise Living. (Pa, if you've read this blog post, you have to dance Nae Nae this Sunday.) 

Growing up, my papa was a working student in college, and so when I was asked to guest for ANC's On The Money with working students as the main topic, he was one of my primary inspirations. 



My father is also an OFW, so whenever I make blog posts on the money management of OFWs, I turn to him for advice. 


As his daughter, I am obliged to also state that I am thankful to my father for my physical appearance. If it's not yet obvious to you, my father is tall, dark and handsome, emphasizing on the "dark" part. 

Obviously, I got my lakas ng loob from him too. 

Whenever I would tell a corny joke and get rejected, it's okay. Sanay na. 

Whenever I'd voice out an opinion and be humiliated, no worries! Lakas pa din loob ko. 

And whenever I try to dance every time I hear a catchy Kpop song and I miserably fail, go lang ng go. 

With majority of my traits I inherited from my Papa Lean, maybe it's no wonder why his money tips also influenced the way I look at and handle my own finances. 

Here are four of them, L-E-A-N:

[GMA News Feature] How to make a million pesos by the time you're 30


Sunday, May 31, 2015
What does it take to be a millionaire?

This is essentially what Eush, Finance Editor from iMoney, was asking me when she interviewed me for the topic of making your first million by the time you're 30. 


[Wise Money Tip of the Month] Invest Your Spare Change!


Tuesday, May 26, 2015
Don't just let your money sleep in the bank.


According to the Bangko Sentral ng Pilipinas, as of 2015:
  • The number of households with savings reached a record high of 31.6 % from 25.7% in the previous quarter. 
    • More than two-thirds (68.5 percent) of household savers have bank deposit account
    • 39 percent kept their savings at home
    • and, 24.9 percent put their money in cooperatives, paluwagan and othe 
    • credit/loan associations

According to respondents, they save money for: 

(a) for emergencies, 
(b) education, 
(c) health and hospitalization, 
(d) retirement, and 
(e) business capital and investment. 

This is good.

This means that more and more Pinoys are starting to see the value of saving. :)

However, look at the reasons for saving - health, retirement, education?

Hindi enough na ilagay mo lang ang savings mo sa savings account, or sa bahay mo...

Kasi hindi iyan tutubo.

sun flexilink1

10 Ways You Can Maintain Consistency in Money Management


Saturday, May 23, 2015
I broke an egg yolk this morning. 

I love frying my egg, sunny side up-style. 

In fact, I take pride of my ability to cook it perfectly. The crust will be crunchy while the middle part will still be hot and yummy: best paired with a hot bread and a cup of amazing green tea. 

When I was preparing breakfast this morning, I opened the egg - and to my horror, the egg yolk cracked! 

Needless to say, I got a tiny bit disappointed with myself. I've been cooking this the same way for so many years now, why did it still break? Was I not consistent enough?

This was when I saw my little brother reading Randell Tiongson's book, "Money Manifesto", that my mind instantly related this egg yolk with money management.