Half the year has already passed. What have you accomplished so far? Look back to the resolutions you made on New Year’s Day. Did the list include putting your finances in order? What have you done in this aspect?
If, like many working Pinoys, your answer is that you haven’t done anything yet to improve your finances, don’t feel down. There’s still a little less than six months to go to make good on that resolution. And a good place to start would be with Pesos and Sense with Mr. Aya Laraya.
Pesos and Sense is a learning community that aims to educate Filipinos in the area of personal finance and investments. Starting out as a TV show on GMA News TV, Pesos and Sense now spreads its advocacy though seminars, social media networks and other media. The community’s resident Investment Advocate is Aya Laraya, who has over two decades of experience in the finance industry.
I was fortunate to have been invited to attend the first in a series of Pesos and Sense seminars. “Make Your Money Grow” was held last Saturday, June 30 at the PSE East Tower in Pasig City. The session’s first part focused on the psychology of investing: why people invest, who makes investment decisions and what affects investment decisions. The second part was a brief rundown on different investment vehicles in the Philippines.
In the seminar, Laraya stressed the importance of knowing your investment goals and having the right information before investing. It is not enough that you have the money to invest. This is shown in his investment design diagram below:
Laraya presents personal finance concepts in a way that’s easy to understand. He makes use of stories and analogies that ordinary people can relate to.
This seminar will have another run on July 21 at the same venue. The second part of the series, Time Value of Money (poster below) will be held the following week, on July 28. I hope that the seminar series will attract a lot of attendees so that more Filipinos will start saving and investing. Be sure to attend these seminars if you’re serious about being on the road to financial independence.www.facebook.com/pesosandsensetv Twitter: www.twitter.com/pesosandsense Youtube: www.youtube.com/PesosandSense The blogger with Mr. Aya Laraya after the Make Your Money Grow seminar on June 30. Please share your questions / comments on the comment box.