THINK – Maniolas

10 Tips on How Savings Money Made Me a Better Person

News

Dec 142017

I am thankful and grateful that my parents really taught me how to save money. But it wasn’t really pleasant when I was starting. It seems like I felt deprived of so many things in life when I was still young. But thanks be to God the discipline of savings made me a better person.

Just like any other form of discipline, saving money has its positive effects on a person.

I am sure you understand how saving money entails making the necessary sacrifices. I’m not just talking about a few. We all know building your savings requires numerous sacrifices – giving up the little luxuries you have been so used to doing before you decided to take your future seriously.

And it making these sacrifices, you are investing primarily on your personal growth as an individual. More than the amount of money you are putting aside, you are building your character.

Building your character means you are on your way to becoming a better person. And being a better person means letting go of old bad habits and making new ones that will guarantee your improvement.

Here are ways saving money can make you a better person:

#1: You learn to prioritize.
#2: It requires you to learn how to resist temptation.
#3: You become more conscious about what you spend on.
#4: It helps you put things in the proper perspective.
#5: You learn to say “no” to less important things.
#6: You start to understand the value of perseverance.
#7: You learn to think less of temporary joys and think more of lasting benefits.
#8: You learn to plan your future.
#9: It teaches you how to be patient.
#10: It teaches you the value of preparation.

It is not a walk in the park, but the lifelong learning you get out of it is irreplaceable.

THINK. REFLECT. APPLY.

What has saving money taught you so far?
Do you understand the benefits you are getting out of saving money?
What other areas in your life can you improve by saving money?

If you want to learn the discipline of saving, I suggest you read my latest book “Diary of a Pulubi”. To know more, please click this http://bit.ly/2yPVcDf

5 Powerful Money Lessons We Can Learn from Chinoy Tycoons, Sy, Gokongwei and Tan

News

Nov 102017

5 Powerful Money Lessons We Can Learn from Chinoy Tycoons, Sy, Gokongwei and Tan

Chinkee Tan SM’s owner, Henry Sy. Robinson’s owner, John Gokongwei. PAL’s owner, Lucio Tan. What do they have in common aside being wealthy, they are all Filipino Chinese. The Chinese are very unique when it comes to money judging from both the culture’s superstitious beliefs and practical applications. Here are some interesting Chinese beliefs that I have come across over the years that may sound familiar to a lot of Filipinos: Burying money under the floor or a house or business attracts wealth. Wearing a jade ring on the little finger brings wealth. Never allow your wallet to be empty. At least leave some coins in it when not in use. Do not put your bag on the floor if you want to attract money. Putting plants with round-shaped leaves inside the house can bring one a lot of good fortune. The list can go on and on. While there is no acceptable scientific explanation for these practices, the Chinese are careful to abide by them. In fact, they are careful to pass it on to the next generation. When it comes to PRACTICAL applications on the effective use of money, there are so many helpful tips that we can learn from the Chinese. Here are a few famous ones that I know you may be aware of: LESSON 1: SAVE MONEY AT ALL COST. Putting aside money for a rainy day is always a good idea. LESSON 2: PAY FOR PURCHASES IN CASH. Like what I would always say, Read More …

Money Can Be A Peace Stealer

News

Aug 252017

Chinkee Tan Are you a worrier? Do you worry about money? About your family and future? If you do, you’re not alone. I also used to worry a lot. I can still remember when I didn’t have enough money to pay my staff. I was so stressed. I couldn’t sleep at night thinking when to get salaries and overhead payment for my business. I would look at my bank book every night before I sleep, when I wake up in the morning, and up to lunchtime. It was so stressful! I really lost my peace of mind. I couldn’t take it anymore and asked for help from one of my mentors, Ariel Marquez. Me: Ariel, I’m so stressed. I don’t know where to get the money for my staff. What am I going to do? Ariel: What are you doing about this problem? Me: Hmmm. Every night, before going to bed, I look at my bank book. I do that in the morning, too. Ariel: Ahhh. The solution is simple. Go to the bank first thing in the morning and withdraw all your money. Give it all away. Me: What?! Did I hear you correctly? That’s all the money I have left and you want me to give it away? I really won’t have anything left for payment. Ariel: What are you doing to do when you get home? You’re going to do the same thing. You’ll look at your bank book. What will you see? Still nothing! Good news! Read More …

How To Say ‘No’ to Relatives Who Borrow

News

Jul 142017

Chinkee Tan Do you have relatives who are always asking to borrow money from you? Lending money is okay, if the borrower knows how to pay it back. But if they don’t then we oftentimes end up on the losing end, being the bad guy, if we remind them of their debt. This can also lead to more stress just thinking how you will say NO to them the next time they borrow money from you. You have probably reached the point of not wanting to lend money to people. You are already at the verge of telling them so. Then, what’s stopping you? It is probably the need to reciprocate, showing “debt of gratitude” or what we know as “utang na loob”, right? Yes, your family and relatives may have had significant roles in helping you before, so now that you are the one who has a better position or situation in life, you want to show them your support. But inside, you are debating whether to help them or not. To clear your mind, let me share with you some tips to help you decide: PAYING BACK A “DEBT OF GRATITUDE” IS NOT MEANT TO LAST FOREVER As Filipinos, we have this tradition that we need to ALWAYS pay back our debt of gratitude. But it does not mean that are obligated to do so for the rest of our life. Traditions are good, but should not be abused. Paying back to show our gratitude to those who Read More …

I Don’t Want To Cram Anymore! I Don’t Want To Cram Anymore!

News

Mar 282017

I Don’t Want To Cram Anymore! I Don’t Want To Cram Anymore!

Chinkee Tan It’s Monday again! Time to go back to work and school. There are so many deadlines and homework to do. Have you ever felt lazy the whole night, and found yourself preparing and working on your readings only by dawn? Have you ever rushed to school or work, found yourself having a last look at your exams or reports? How about staying up late, chugging loads of coffee, and on your way to work, you rush? You almost tore the page of whatever it is that you’re reading, and you feel yourself having a cold sweat. The question is, “Are you finished with your work or are you just beating the deadline?” CRAMMING is the word for this scenario. We are all very familiar to this kind of studying and preparation technique. This is the quickest way to remember (at the very least) some parts from our notes, or do last minute changes that we were not able to finish ahead of time. When I was still in school, I was confident that I wouldn’t get called right away for any recitation because that was done according to class number anyway (overconfident). My style was to try hard to listen to what the teacher was saying memorize it. (Problem is, I’m often asleep.) I don’t study much. I watch TV and play games when I’m at home. So when exam time comes, “IT’S CRAMMING TIME!” When I took the exam, I couldn’t remember what it was that I Read More …