Are you familiar with…
Investment?
Mutual fund?
Stock market?
Forex?
Is it really necessary for us to be financially- literate?
The answer is YES!
The moment we stop working, we stop earning.
But the problem is, we do not stop spending.
Why? Here are some of the negative implications when we don’t educate ourselves with our finances:
WE WILL NOT BE ABLE TO MAXIMIZE OUR RESOURCES
Hindi natin malalaman na pwede palang lumago ang pera natin. Hindi rin natin alam na pwede pala tayo kumita habang tayo ay natutulog at nagpapahinga. Ang alam lang ng karamihan ay yung tinatawag ng active income. You get paid when you work. No work, no pay! Or otherwise known as “isang kahig, isang tuka.” Most of the time kasi nagugulat nalang tayo na parang dumaan lang ang pera sa mga kamay natin at halos di natin naramdaman.
WRONG DECISIONS
This will be too costly and painful.
Costly, dahil lahat ng ipon mo baka biglang maglaho.
Painful, dahil ito ay pinagpaguran mo na mawawala na lang na parang bula. Kasi nga naman, kulang ang ating kaalaman. But if we are educated, we can spare ourselves from making wrong choices.
STAGNATION
When there’s no learning and no education, there’s no growth.
Magtataka ka na lang, nagkaka-edad na, pero wala pa ring ipon at nangyayari. Masipag ka naman pero wala pa ring sapat na ipon.
Ayaw naman natin na para tayong mga baradong kanal na walang growth. The world keeps on changing and kailangan nating sumabay. We should never stop learning.
God has given us the ability to produce wealth. So we should be responsible in educating ourselves when it comes to handling our finances.
“One of the causes of FINANCIAL STRESS is not the LACK OF MONEY but the LACK OF FINANCIAL LITERACY.”
-Chinkee Tan, Top Motivational Speaker Philippines
THINK. REFLECT. APPLY
- When was the last time you invested on learning?
- What are the things that you need to improve when it comes to handling your finances?
- Are you maximizing the resources God entrusted you?