Blaming as an Excuse

Time to stop blaming all on Arroyo is a post in one of my yahoo groups that really got my attention. And this is what I replied to it:

To stop blaming all on Arroyo is a really great idea. It's a great step to improving and helping our country.

Blaming others deprive us from growing. Doing so gives the person blamed the power to improve oneself. By first looking at ourselves, what things we are doing wrong and things we can do to make things right, we give ourselves the opportunity to be wiser.

If we make a mistake, then we blame others, we lose the potential to grow. Blaming is almost like an excuse. Instead of making excuses that we have a lot of problems because the government is corrupt, companies and capitalists are greedy, and our neighbors are luckier than us; we should think that we are missing something big time. What are those things that we are missing?

One of the things I discovered that I have been missing is taking financial literacy seriously. I realized no matter how highly educated a person is but lacks financial literacy, the chances that he wouldn't have problems later in his life is very slim. And we lack people who has such literacy. And these highly educated people would then depend on the government or company they work for. And thus contributing to the problem of our country.

I wanted to be part of the solution of the problems our country are facing and will be facing in the near future. And investing in my financial literacy is the way that I choose to be a part of it. I aim to spread it and do my best to win.

Ludwig

Reactions on this one would be greatly appreciated.

What OFW's can do

This is my reply to a topic posted in one of my yahoo groups. It was written by Alex Lacson. He has a book, 12 Little Things Every Filipino Can Do To Help Our Country. I haven't read it yet and I think it's a very sensible book.

Re: 10 Things Pinoys Abroad Can Do To Help Our Country

Great article, I thought you'd never mention about investing and being
business owners. I really was looking for those then I found it at the
later part. I was almost disappointed then you mentioned Rich Dad Poor
Dad. I really think we lack entrepreneurs in our country. REAL
ENTREPRENEURS, not just self-employed men who think they are business
owners. Anyway, I'm glad a lot of people are now emerging to spread
financial education instead of just protesting on the streets and
resorting to arm struggle. Although we still need some people who do
protests and identifies problems for us and make our life easier
understanding what the government were doing wrong. The problem is,
there are a lot of them than people like us-people who has endeavors to
spread financial literacy.

Let's not just be ducks that quack, we need a lot of eagles that fly.
Let's help ourselves and not depend on government and others to take
care of us.

I'd love to hear for your comments on this one especially if you have read his book.

BPO, Tourism & OFW Remittances

The government hopes that business process outsourcing (BPO), tourism and OFW Remittances would help our country financially. It is good to take these advantages and ride over it. If I were to ride on these I'd be opening up bpo and tourism businesses.

I would encourage you guys to not just be employees but also businessmen. Having a lot of businessmen means having a lot of options. And options are what we want. Not only would bpo, tourism and ofw remittances be our sources of income.

Having only three main sources is not much of a diversified portfolio. Its time to mind our own businesses guys. Let's all join the game of money.

Why We Want You To Be Rich?

One day I just wanted to buy a book and I decided i buy a book about personal finance. I admire Donald Trump so much that is why when I saw the book "Why we want you to be rich" I didn't hesitate to buy it because aside from Donald, Robert Kiyosaki the author of Rich Dad Poor Dad was also the author. And so, this journey begins.

I think I got my entrepreneurial spirit from my mother. She started sellin avon when I was in High School. Although she's not much of a big time business woman but she does business naturally. People even say she's really born a businesswoman. Her parents were actually, also, businessmen. They had a major financial setback when my mother was about 8 years old (I guess). They still had the farm but it no longer generate adequate income. And so my mother ended up as an employee.

What I knew about my father's ancestral roots is they are also businessmen. But my grandparents was more of religious leaders. And so my father also ended up as an employee.

What really got me in the world of money is in networking or MLM. It really got to me that retirement plan isn't enough. I got into this when I had my first job. But eventually, I got tired of my team.

It got burning again when I bought the WHY WE WANT YOU TO BE RICH book. What I want is fun and control. So if you don't want to miss the fun, get into the MONEY GAME!

Philippines in not one of the top 10 poorest

Here's the reply I sent to the topic "Poorest countries in the world: Top 10" in one of my yahoo groups. Some members think that even if we didn't make it to the top ten, and I'm not hoping we would, we're still a poor country because of the issues of corruption, brain drain and all other negativities you can think of. But there were members also that were optimistic and proud that we're not one of the top ten. They are proud and think that we are a very rich country. I'm not saying I'm one of any of the opposing cluster because for me, my market is the world. Read on with my reply to the topic:

For me it doesn't matter if we are the poorest country in the world as long as it's DEVELOPING. As an aspiring investor, from reading a lot of books about business, it's good to seek for developing or growing countries. You get a lot of gain when a starting company booms unlike investing on an already successful one. Anyway, even if you live in Somalia and you are happy (having a lot of money in my case), then it's better than living in first world and you're unhappy.

Bottomline, just do your best to cope up with the hard times and always give your best shot wherever,whoever, and whatever you are. Choose the battlefield you are good at.

Your ideas and reactions on the topic, that I really want to know.

Honest president or entrepreneur?

It still amazes me, a lot of people still think that a president can make a change to a country. If you are a citizen you better not count on anybody to take care of you-or your country. No single person can handle everything. If one person handles everything, he would eventually lose all the energy to go on.

Prosperity is measured by money. If there were no Tan, Ayala, Sy and other entrepreneurs, our country would still be struggling. Politicians just make the rules, entrepreneurs play by the rules. Yes a president can affect the business sector which supports the economy of the country. But businessmen are smarter than politicians. Politicians may have a lot of money but entrepreneurs get their money through blood and sweat-and even through helping a lot of people.

Therefore, if you want change, invest in yourself. Invest in your financial education and habits. We need a lot of entrepreneurs in our country so that fellow countrymen leaving us would lessen.