My semi-automatic S/I 1000

No, it’s not the latest gun model from UDMC or Armscor (Armscor and UDMC are local gun manufacturers, just to let you know). While we continue to support a gunless society, I still believe that guns are “necessary” to protect the people and secure the nation while moving forward to prosperity. Guns should only be possessed by responsible and authorized persons like policemen and soldiers.

Going back to Semi-Automatic S/I 1000, I’m actually referring to a semi-automatic habit of Saving and Investing. Thus the symbol or acronym S/I. And 1000, well, refers to the minimum amount that I’m actually “loading” in to that S/I program on a monthly basis which is Php1,000. Through money-cost averaging, your money will reap higher returns in the long run. With these programs, your hard-earned money will grow more than just leaving them in your drawers, vaults, or savings accounts.

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What Hurts You Can Make You Move (OFW Stories)

Every end of the month I send money back home for our tithes, to fund my investment portfolio, and a few more bucks for my mother’s monthly needs. Call it routine for Filipinos based and working abroad.

It’s common to see kababayans lining up the banks and remittance centers during the last and first weeks of the month.  As you know, paydays abroad are mostly scheduled on a monthly basis. Not the typical 15th and 30th payday systems commonly practiced in the Philippines. In fact, there are lots of heartbreaking stories you hear from fellow Filipinos while waiting in line. These are a few of them:

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