Financial Literacy is very low among Filipinos. Compared to our neighbors in Asia and the US, our country has the least number of people who are financially literate, and secure. Many would attribute this to a lack of knowledge or awareness, but the sad truth is that even though Financial Literacy advocates are everywhere and offering FREE Financial Literacy Seminars and talks across the country- even abroad for the OFWs, a lot of Filipinos still cannot be bothered to attend these seminars.
This is our second time to attend Money Talks UAE, and this by far has been the best and most interesting one we’ve been to. The conference was supposed to start at 1PM, but due to technical glitches it started at nearly 2PM, cutting the entire conference time short by almost two hours, and forcing the speakers to shorten their discussions a bit. It was not the full-day conference like the previous ones; a bit short on time, and cut even shorter due to technical difficulties, but definitely not short on information and new learnings from the excellent speakers.
This is a question that we often hear from people who have heard about investing so many times before, and now have the money to do so. It’s really great that a lot of people nowadays are more aware about the importance of investing, and are willing to give it a go. The Philippine economy is really doing well, and investing for your future now is one of the best things that you can do for your future self. For Overseas Filipinos, this is one of the many ways you can take advantage of the higher salaries that you’re getting from your employment abroad.
In the first quarter of 2017, talks about VAT being introduced in the UAE, and other parts of the GCC caused quite a stir among the residents- expats and locals alike- and for good reason. The GCC has been tax free for a very long time, making it one of the most competitive regions in the world to do business. Personal Income tax is also inexistent in this part of the world making it one of the most attractive places for expat workers since they get to have a higher take-home pay at the end of each month.
Our company decided to do Paintball as a team building activity. No one guessed it until a day before the event (they like to keep these things a surprise) so I was not fully mentally and physically prepared. Nevertheless I thought it was exciting and challenging as I have never done anything like it before.
I have always been competitive at everything. I like being one step ahead, making strategies, and surprising the opponent. More often than not I win at competitions – whether through effort or sheer luck. You should see me compete at kiddie party games!
Planning on getting married in a couple of years? Have plans to put up your own business? Travel Plans? Want to buy your dream house one day? Want to be able to retire comfortably and not just rely on your Social Security Cheque? Then you need to Invest, and do it NOW!
There are so many reasons why we need to invest, but let me give you my Top 5 Reasons why.