Category: Family

The Entrepreneur and Hero: Tado

“Madaming musikero at artista ang nagugutom dahil walang pang-kain.” Ito ang isang nakakapuwing at nakakawindang na reply ni Tado sa akin nung minsang naka-chat ko sya tungkol sa financial literacy ng mga musikero at creative artists.

He was supposed to be part of our second session of Personal Finance Management for Artists and Musicians in partnership with Skarlet Brown’s Heart of Music (HOM) Foundation slated in the next couple of months. He would have joined and gave a pep talk about starting a business based on core gifts and God-given talents had the January schedule pushed through. But my family and I all got sick because of the abrupt weather shifts last month and I had to cancel all my scheduled activities and meetings.

Arvin “Tado” Jimenez and I are both part of Rock Ed Philippines, a volunteer group working to provide venues and events for alternative education. It is this organization that actually inspired me to start a financial literacy movement for the youth, the OFW’s, artists, and musicians called Angat Pilipinas Coalition for Financial Literacy. Continue reading The Entrepreneur and Hero: Tado

The 0% Interest Rates: Should You Grab It?

We often see a lot of 0% interest rates in malls, shops and more. This is truly eye catching and even more enticing. Simply imagine being able to have your most coveted smartphone in a jiffy yet you won’t pay it yet. Instead you will be paying it on a monthly basis.

Alas, there’s no need for you to pay the item in full because you can just pay it monthly for X number of months. You might exclaim that this is the best way for you to save money. Well is it?

The 0% interest rates are typically pushed by our credit card banks. The deduction would be credited to your credit card and the bank would pay the store and you in turn would pay your credit card bank. Though it may sound like a no-brainer decision to simply grab this option since you know for a fact that your credit card can still be able to sustain it however, this is not simple as you think. Truly the 0% sign up there is enticing and teasing us to use it. However, let us dissect this to the core. Continue reading The 0% Interest Rates: Should You Grab It?

Signs That You Are Sending Bad Financial Messages To Your Kids

My wife and I have started homeschooling our 4-year old daughter this school year (Update: She’s already finishing her 4th Grade this summer 2020, amidst the COVID19 pandemic).

I personally know some friends who have been homeschooling their kids and it’s just amazing to see how strong their family bondings are because of this method of teaching and learning.

One more reason why we want to homeschool our daughter is because we believe that personal finance is one of the least taught subjects in the Philippines (and elsewhere). Money is a very important subject for a child to learn and bring the knowledge along until he/she becomes an adult. And since my wife and I are both staunch advocates of financial literacy, we thought why not teach our child about money ourselves.

Through the homeschooling system, parents like us won’t have to spend so much time giving lectures to our children. We just have to show them how we value money in our everyday lives. Continue reading Signs That You Are Sending Bad Financial Messages To Your Kids