Financial Education

What is Financial Education?
Throughout my entire school years, no teacher had ever taught me how to handle money the right way. How to save the proper way. All I was taught was how to become a good employee, how to become a good worker of somebody. I was taught properly on how to work for money, but never taught how to make money work for me. That is just what the rich people do. They don't work for the money. It's the money that's working for them. There are a lot of rich people who still work but they do so because they enjoy doing it. They can stop working anytime because they have their money working for them. What about the average Juan De La Cruz? Can he stop working anytime? Does he have enough money in the bank to survive the rest of his life if he stops working now? If you look around, you see a lot of retired persons relying on their children or their relatives for their sustenance. Why is that? During their younger years, they had enough. They never relied on someone else for their food. They had jobs, salaries to hold on to. But that's it. They had money only because of their jobs. But when they can no longer work, the cash cow stops giving them money. The sad thing is, even when you can no longer work for money, you will still need money. You will need money for your food, for your medications, etc., etc., etc. But where will the money come from? Now comes the age old Filipino tradition. Time for the children to return the favor. Time for the children to feed their parents. But most of the time, the children themselves can even hardly support themselves. Some even relies still on their old parents for their financial needs. When that is the case, what happens to the retired parent who no longer have an income to depend on? What if you are that parent? This my friends, is the subject of Financial Education. It educates you on the proper way of handling your finances, the right way to save your hard earned money so you will have enough, if not more than enough, to sustain you in your retired years. Let me share you something I have read from a book written by David E. Calhoun.

DO NOT LET THIS BE THE STORY OF YOUR LIFE!

Between the ages of 18 and 30, most people say, "I cannot save now. I am young and there is plenty of time. Wait until I start making a little more, then I will save."

Between the ages of 30 and 45, people say, "I cannot save now. I have a growing family on my hands. It takes all I make to keep them going. As soon as they are a little older it will cost less, then I will save."

Between the ages of 45 and 55, people say, "I cannot save now. I have three children in college. It is all I can do to pay their expenses. I cannot save a penny. Wait until they are out of college and on their own, then I can salt it away."

Between the ages of 55 and 65, people say, "I cannot save now. I know I should but things are not breaking like they should. It is not easy for a person of my age to step out and get a better job. Maybe something will break for me next year."

At the age of 65, people say, "I cannot save now. I am living with my son and his wife. My social security does not go very far. I wish I had been saving years ago, but I cannot save now. THERE IS NO INCOME.


Now my friend, what will be the story of your life?


If you wish to attend FREE Financial Education Classes, email me at hornetsnest29@yahoo.com or SMS me on 09196227997 for details.

May God bless you and make your dreams come true!

Josh