Tuesday, February 16, 2016

Rich Awareness

First and foremost I'm not an expert and the content of this blog is just based on my knowledge, observation and understanding BUT still try to read it, maybe i have some point :)

So you are basically curious as a Filipino on how to be rich. You are either an employee, worker, student or "tambay."

So if you're an employee or any person that is earning or does have a savings continue to read this blog and if you classify yourself as tambay and you really want to become rich, you may consider this as a helpful tool.

So let us start. . There are so many ways to become rich: business, lottery, networking, etc. But again based on my observation and understanding, many Filipinos doesn't know that they can become RICH THROUGH INVESTING IN THE STOCK MARKET.

"What the hell is Stock Market?"
"Investing is only for millionaires"
"That sounds absurd , or complicated"
"I'm not fit for that"

So yes many Filipino is afraid of many financial terms like investing, they always think that it's for rich people only, it is complicated etc. But BIG NO!! Like what I have read rich people become richer and richer thru investing. That is the secret!! Becoming financially literate.


Only 5% of Filipinos are engage in stocks investing. With that percentage we can tell that many Filipinos are not financially literate or even though financially literate, they do not apply it.


And that's it for now so remember the first thing you have to do to become rich is becoming financially literate because as per Alan Greenspan quotation: "The number one problem in today's generation and economy is the lack of financial literacy."

And don't forget Willingness is Everything.