H2 Batch 2011
Clockwise from Top Left - Ra, Cid, Jeff, Lloyd, Bern,
Joy, Quenie, Malta and Jonalyn
CFAD partners
L-R: Kit, Cha, Nikka
2009-2010 Feasibility Studies
Description
An Elite Beverage Bar in the Making, catering to the clients needs and wants. Will cover from House Parties to Corporate Events and other different Celebrations. C3 provides innovative beverage concoctions infusing coffee, alcohol, fruit juice, jelly, wine, soda and tea.
We guarantee into bringing "A FLAVOR EXPERIENCE" to our patrons with our cocktails, shooters, mocktails and coffee concoctions together with fun and excitement.
What are these and How do they affect our Financial Capacity?
Is there a Recommendable System for us to Manage our Finances? Part I
Income - Savings = Expenses
How much income do you earn?
What are the things so budget for your expenses? How big or how little goes into your savings?
Income is defined as an economic wealth that is generated in exchange for an individual's performance of agreed upon activities or through investing capital. Income is consumed to fuel day-to-day expenditures.
It is a word that Can Mean a lot to a person. One can spend his income for going to the beach, eating in a fine dining restaurant, buying a new shoes or a book. It can also be spent by paying the electricity bill, providing allowance to your child or simply buying food for your daily needs. Each person have different standards of living depending on how much income do they have. The higher income you have, the more things you can buy or purchase. However, this Income should be spent wisely. Having an Income means having the ability to spend and to save. If you spend, you use your income to have a goods or services in return which you can use in the meantime. In saving, you put the money you earn into a tool or a system that in the future can have gains, losses or be retained.
So how does one manages his or her income? Here are two Cases:
Case 1
Mary works as a Call Center Agent in Ortigas and earns 25,000Php monthly. She usually have good times with her friends on weekends, gives a part of her income to her parents and shops for new clothes regularly. At the end of the month Mary usually deposits 5,000Php to her Savings account.
Case 2
Lei is a Restaurant Staff and makes 12,000Php a month plus her daily tips. When she gets home, Lei puts the tip she had for the day in an Envelope. Weekly, Lei deposits 500Php to her Bank account. She also hands some money to her parents then the rest that are left are for her personal needs. Every month she also puts in the bank the money she had in the Envelope.
Whom do you think handles the money wisely, Mary or Lei? Why?
Where can We Learn a System on How to Manage our Money?
Money is important to each one of us. We Earn. We Spend. We Save. With money we can provide for our basic needs such as food, shelter, clothing. It also gives us the opportunity to enjoy a Lifestyle we choose to have. We also have the responsibility to save and invest for future needs.
There was this Seminar held by John Calub titled "How to Become a Money Magnet"
A friend wrote an article for me about the said event:
On How to Become a Money Magnet
by Miguel
Oscar D. Castelo
As a Financial Advisor, I constantly seek
ways to improve my service to my clients and teach them new things, that’s why
I never get tired of attending seminars and trainings that would help both them
and me.
I started the month of September by
attending a seminar provided by John Calub on how to become a “Money Magnet” by
managing your money well and having the proper mind set to achieve your
financial goals. Obviously I wanted to learn more so that I can teach more, and
paying 500php for knowledge that I would be able to use forever was a cheap
price to pay.
What struck me the most, during the seminar
was the methods and techniques that I have learned as regards to paying
yourself first before you pay for your bills and buy your necessities, a
process that most Filipinos are not familiar with and the main reason why we
always seem to burn through our salaries really fast. Have you ever heard of
the saying “mabilis mawala ang pera”? That was what John Calub was referring
to.
Another aspect of the seminar which caught
my attention was the notion that you will never become rich or financially free
and stable if you just keep your savings in the bank. This is something that I
actually tell my clients about. It is not enough to spend less than what you
earn and put the difference in a savings account, that’s pointless because it
will never grow. You will need to “spend
less than what you earn and invest the difference”. The best part of this
was that one of the safe investment mediums John Calub was talking about is
something that I specialize in which is “Variable Life Insurance” (financial
protection plans packaged with Investments). John told his audience to seek a
Financial Advisor and Life Insurance Agent because they can help kick start
safe investments. You can imagine how much I was trying to restrain myself from
standing up in a crowd of over 1000 people and shouting, “Financial Advisor
right here I specialize in Variable Life Insurance, talk to me after the
seminar”.
All in all, it was a great experience as I
now teach what I have learned to my clients as part of my service. Whether they
get Life Insurance from me as crucial part of their financial planning method
doesn’t really matter, for as long as I see them financially free in the future
because of what I was able to teach them, I would consider myself repaid for my
efforts.
I would like to end this entry with a
question.
When you retire, do you suppose your money
will outlive you? Or will you outlive your money?
If you answered that your money will
outlive you, then congratulations you probably are financially free or at least
on the road to getting there. You are part of the few people who can eat at a
fancy restaurant without the need to look at the right hand column of the menu
(where the price is located). Or you don’t need to charge everything on your
credit card because you’re still waiting on your months’ salary.
But if you answered the latter, and you
feel that what you make won’t be able to support you until the final days of
your life then ask yourself why. Maybe you need to learn how to manage your
money properly.
I find it funny that we spend such a long
time in school to receive a degree in order to get a good job and earn money
but we were never taught how to handle it. For that reason I take pride in my
work as a Financial Advisor, because I teach people something that they do not
actually learn in all their years inside the four corners of the classroom that
cost our parents a small fortune just to put us through school.
I’d like to give a shout out to all my
fellow Filipinos who would like to learn more about how to manage your own
money and make you stop working so hard for the money you earn to the point of
breaking your backs and not enjoying life.
But instead making your money work hard for
you simply because you deserve to become rich while you enjoy the company of
your friends and family as well as enjoying what life has to offer.
I would love to share what I have learned
from this experience as well as what I have learned throughout my career that
would make the financial lives of Filipino people better.
Have a Good day and
may God Bless us all
Miguel
Oscar D. Castelo
Pru
Life UK Financial Advisor
For
inquiries you may contact Oscar at: 09178039114 or 6711686
Is it the same as Financial Literacy and Financial Management? How can people relate with this stuff?
Where does one learn Financial Education?
Let me give you an overview...
What is Financial Literacy?
Financial literacy is the ability to understand finance. More specifically, it refers to the set of skills and knowledge that allows an individual to make informed and effective decisions through their understanding of finances.
In Asia Pacific and Middle East Africa
A survey of women consumers across Asia Pacific Middle East Africa (APMEA) comprises basic money management, financial planning and investment. The top ten of APMEA Women MasterCard's Financial Literacy Index are: Thai 73.9, New Zealand 71.3, Australia 70.2, Vietnam 70.1, Singapore 69.4, Taiwan 68.7, Philippines 68.2, Hong Kong 68.0, Indonesia 66.5 and Malaysia 66.0.
Financial Management means planning, organizing, directing and controlling the financial activities such as procurement and utilization of funds of the enterprise. It means applying general management principles to financial resources of the enterprise.
Scope/Elements
Investment decisions includes investment in fixed assets
Financial decisions
Dividend decisions
Objectives of Financial Management
The financial management is generally concerned with procurement, allocation and control of financial resources of a concern.
The objectives can be:
To ensure regular and adequate supply of funds to the concern.
To ensure adequate returns to the shareholders which will depend upon the earning capacity, market price of the share, expectations of the shareholders.
ABU DHABI // Filipino migrant leaders are teaching their compatriots how to manage their hard-earned money, invest their savings and prepare them to reintegrate into their communities back home....
The move follows a financial literacy "training of trainers" organised in Dubai by the Ministry of Labor, not only for Filipino migrants but for those from Bangladesh, India, Pakistan and Sri Lanka.
A series of workshops were held in January by representatives from Atikha, a non-governmental organisation that provides economic and social services to overseas Filipino workers (OFWs) and their families in the Philippines. Atikha also developed a training module that was applicable to other migrants.
The financial literacy seminars discussed basic concepts of saving, investing and borrowing and the various investment instruments that Filipinos could utilise.
"It is our nature to make sacrifices for the family," Mr Junio said. "We need to know how and when to say 'no' to some of their demands."
Just click the link to read the whole article.
For a review about the banks in the Philippines such as Bangko Sentral Ng Pilipinas, Banco De Oro, CitiBank Philippines, Bank Of The Philippine Islands, Union bank, Philippine National Bank, Metrobank, Security Bank, Land Bank Of The Philippines, HSBC Philippines and China Bank Philippines click here.
So where do we learn this Financial Stuff...
For me, I learned from a book. Then through videos and eventually through seminars. There are people that have knowledge and wisdom to share about Financial Literacy, Financial Management, basically finding Financial Education.
Robert Kiyosaki has been one of my Best Mentors. Who is he? Wikipedia says Robert Toru Kiyosaki is an American investor, businessman, self-help author, motivational speaker, financial literacy activist, and occasional financial commentator. Kiyosaki is perhaps best known for his Rich Dad Poor Dad series of motivational books and other material published under the Rich Dad brand. He has written over 15 books which have combined sales of over 26 million copies. He has created three "Cashflow" board and software games for adults and children and has a series of "Rich Dad" CDs and disks.
As a devout global financial literacy advocate, Kiyosaki has been a staunch proponent of entrepreneurship, business education, investing, and that comprehensive financial literacy concepts should be taught in schools around the world.
Here is a video or Robert Kiyosaki talking about Financial IQ
Here is my Conclusion:
Financial Intelligence means being Financially Educated and having a Financial Management System that works for you.
It is Important that each person has a High Average Financial IQ for money has a very important role in our life today.
To be Financial Educated, it starts from within. Your DECISION. Decide to be financially educated, raise your financial IQ and have a financial management system. Resources are available at hand. It can be your friends, family, books, newspaper and Internet.
A blue moon can refer to either the third full moon in a season with four full moons, or the second full moon in a month. Most years have twelve full moons that occur approximately monthly. In addition to those twelve full lunar cycles, each solar calendar year contains roughly eleven days more than the lunar year of 12 lunations. The extra days accumulate, so every two or three years (7 times in the 19-year Metonic cycle), there is an extra full moon. Lunisolar calendars have rules about when to insert such anintercalary or embolismic ("leap") month, and what name it is given; e.g. in the Hebrew calendar the month Adar is duplicated. The term "blue moon" comes from folklore. Different traditions and conventions place the extra "blue" full moon at different times in the year. In the Hindu calendar, this extra month is called 'Adhik(extra) masa (month)'. It is also known as purushottam maas, so as to give it a devotional name.
YearFirst Full Moon of monthSecond Full Moon of month (Blue Moon)
2009 Full Moon– December 2, 2009 Blue Moon – December 31, 2009
2012 Full Moon – August 2, 2012 Blue Moon – August 31, 2012
2015 Full Moon – July 2, 2015 Blue Moon – July 31, 2015
A blue moon will grace Neil Armstrong’s funeral service this Friday.It is a great coincidence that the once-in-two-year blue moon raising occurs on the same day, the great astronaut’s funeral service is planned. Once the funeral service will take place in Cincinnati, blue moon will pop into the Western Hemisphere sky on Friday. Armstrong, the first man to set foot on the moon died last Saturday at his age of 82. The world is still mourning the demise of the great astronaut, an American hero. More of this Article here.
The full moon occurs once every 29.5 days. This essentially means that there is one full moon every month. However, as we know, every month but February has at least 30 days in it, which presents the potential for two full moons in a month.
The term Blue Moon can refer to the second full moon in a given month. When people say "once in a blue moon" they are speaking to the rarity of the occurrence of a second moon happening in the same given month.
It can be
downloading music albums in seconds, real-time online gaming with no lags or
even getting a HD movie in minutes.
How about
a mobile internet service with 4G technology for you?
Enjoy internet surfing without lags, without buffer times and without waiting.
Smart LTE launching at Resort's World Manila last Saturday 25 August 2012
Smart Communications
Inc. launched Smart Long Term Evolution (LTE) last Saturday, 25 August 2012 at
Resort’s World Manila. The event was attended by Celebrities, Media, Bloggers
and Gaming Enthusiasts. Smart LTE is one of the world’s fastest mobile
broadband technology with its speed of 42Mbps. Now we can Live Faster and Live
More.
Smart Communications Inc Executives at Smart LTE launching
Saturdays are usaually filled up with different events such as Sports Game, Movie Date, Celebrations and even Business Meetings. This weekend is different, my friend- Alexis Mendoza into this product launch to be held at Resort’s World Manila. He even gave me a link to register online for the raffle(and won at he end of the day!). My friend is a blogger so he is usually invited into events in order to do a cover and write an article. This time it was with Smart Telecommunications Inc. And its product Smart LTE.
For Gamers
For Music Lovers
For Movie Fanatics
Troy with Son @ Resort's World Manila
Hosts Gino and Rizza @ Smart LTE launch
Divine Lee with Victor Basa
Jinri Park @ Movie Time and Game Hub
Sheena @ Music Hall
Joyce Ching for Smart LTE
Free to play @ Smart LTE launch
It has been a great opportunity for me because I had been attending Seminars about Social Media Marketing for almost a month because it is inline with business. Then there was this event. A part of my previous trainings talked about having a blog and generating income through the internet. Smart LTE product launching is a very relevant event to cover. 4G technology is so important to people in business like me because information is widely generated and distibuted online. For me, sharing knowledge and wisdom is what makes us live our life to the fullest. When we share it is like we live more. We just need to know our Passion, learn, experience and share it to others. –Jeffie18
Free Demo at Game Hub
Raffle Prizes - #Live More Shirt, Smart Eco Bag and Smart Rocket Wifi Plus.
