I’ve been talking about Financial Freedom way before. I thought it was a long, long way to go. I thought I needed to earn lots and lots of money to achieve this. Everything changed after reading Francisco Colayco’s “Wealth within your Reach: Pera Mo, Palaguin Mo!” It was such an eye opener. My takeaway after reading it – START NOW!
It all made sense now – all that cash flow, assets, liabilities and other stuff I usually hate back in college. I’ve never really imagined how it’s important to everyone. There is a reason why everyone is taught these concepts. I thought back then that I would not need these because I’m from engineering, and these are business management stuff. There actually is such a thing as personal finance, and that you need to think that you should not be working all your life. You would have to make your money work harder for you. Just think about this – What will happen to you if you lose your job now? Where will you get your money when you retire?
The answer to that now is to have passive income, as Colayco would say. You have to plan it – know where you are right now and know where you want to be. You should live your life with restraint of your current income and your financial roadmap. Most of all, learn the value of time. If you have not thought about it, you need to think about right away, that is, today.
My struggle as a college student was to read lots of material, but as I started working, I’ve had this insatiable hunger to learn new stuff, making me read much more that I used to. Started out learning what I do as my day job and now, still can’t believe I am able to read a lot of stuff about finance without falling asleep. I guess when you really want something, nothing’s going to stop you – and yes, I want my Financial Freedom badly!
Join me in my journey to my financial freedom. I’ll try to share useful stuff. We can be a better Filipino by being part of a more responsible workforce. Let’s be wise about money.
It all made sense now – all that cash flow, assets, liabilities and other stuff I usually hate back in college. I’ve never really imagined how it’s important to everyone. There is a reason why everyone is taught these concepts. I thought back then that I would not need these because I’m from engineering, and these are business management stuff. There actually is such a thing as personal finance, and that you need to think that you should not be working all your life. You would have to make your money work harder for you. Just think about this – What will happen to you if you lose your job now? Where will you get your money when you retire?
The answer to that now is to have passive income, as Colayco would say. You have to plan it – know where you are right now and know where you want to be. You should live your life with restraint of your current income and your financial roadmap. Most of all, learn the value of time. If you have not thought about it, you need to think about right away, that is, today.
My struggle as a college student was to read lots of material, but as I started working, I’ve had this insatiable hunger to learn new stuff, making me read much more that I used to. Started out learning what I do as my day job and now, still can’t believe I am able to read a lot of stuff about finance without falling asleep. I guess when you really want something, nothing’s going to stop you – and yes, I want my Financial Freedom badly!
Join me in my journey to my financial freedom. I’ll try to share useful stuff. We can be a better Filipino by being part of a more responsible workforce. Let’s be wise about money.