Archive | March, 2011

Basic Cash Flow by: Unknown Author

31 Mar

I just want to share this very nice article sent to me by my sister. It really worth reading, super relate ako sa mga sinasabi nya dito, Thanks to the author of this article. It’s an eye opener for us, lalo na yung mga mahilig sa gadget, mga signature and fancy items. Promise after reading this you will think twice or thrice before indulge yourself in luxury.

Here ito goes….

THE BASICS OF CASH FLOW

The basic is. What pattern do you see if you will get a P100.00 bill and monitor where and how it is transferred from 1 possessor to the other? How does it flow? The pattern for a typical Pinoy is.

You earn from your work, you spend it on food, gadgets, clothing and other basic needs. Before you reach the next payday, paubos na yung pera mo. But that’s ok payday is just a few days ahead and it doesn’t matter if I run out of money, I am expecting money again any time soon.

This cycle goes on and on and you make some sidelines or create other ways to earn but it seems that money was never enough. (I am tempted to explain further pero usapan… basics lang).

So you can’t leave the job that you have because a week without work would affect the cash flow you have to support your family and needs. As much as you wanted to accept another job, the gap would make you pay less for a couple of days, which makes you a slave to your boss.

At least, you have a job to support your needs.

So to illustrate.. .Cash is flowing inside your pocket.

Years have gone by doing your monotonous routine.

Question… what if you get fired? Or you were forced to retire because there are new and younger people ready to take your place. What would you do?

As an OFW, Makati Executive, Top Salesman, Engineer, Attorney, Teacher, etc… What if it all ends? The sweet cash that enters your pocket every 15 th and 30th suddenly comes to a halt.

There are two things you can buy with your money… An asset and a liability. To describe each… An asset brings money inside your pocket; a liability takes money out of your pocket. Another way to see, it is that an asset if you buy one, will bring the money you spent for it back to you 2 or 3 folds. A liability, when you buy it will not give your money back at all.

Sa ilocano… idjay ti kwa… djak maawatan… (joke lang po, seryoso na kayo eh…)
Sa madaling salita… kapag asset, maibabalik ang pera , pag liability, goodbye sa pera…

Ang problema kay JUAN DE LA CRUZ, habang may trabaho ipon ng ipon at bili ng bili ng liability!

I have seen OFWs get back to the country with gold chains at kung pwede lang limang shades ang isuot ng sabay-sabay gagawin nya eh… dvd, component, jackets, clothes, inuman, pulutan, party, pabango… hindi na makalakad sa dami ng bitbit…

At s’yempre mga empleyado natin dito sa bansa na lingo-lingo bago cell phone at mags ng kotse.. hindi na nga magkasya ang damit sa aparador, tapos pag umaga sasabihin… . wala na akong maisuot.

Guys, esep-esep… what you bought… will it bring money back to you? I know what you have in mind… you have to enjoy what you worked hard for. That’s right, but think of something that will last… think of your future.

I have seen the worst of people who were abogado de kampanilya, executive secretaries of top rank business men, people who worked for big companies, earned a fortune and got a big retirement pay by the millions… Now…. Wala na.

Why? Because of their cash flow… went in… went out.

I need not to mention basketball players, actors, singers, etc… Check what is their career path… next after acting, singing and playing… POLITICS. Kasi, ‘yung million na kinita nila, puro liability ang binili.

Going back… all the liability they bought, ibinenta ng mura! I’m wearing a gold chain now, which I got from a seaman… he bought it for P35,000 and sold it for 8,000 to me. Hindi po asset ang alahas! Bakit? Totoo na tumataas ang value n’ya pero kapag gutom ka na, kahit palugi ibebenta mo! (wala bang aaray?) Cell phones… dvd players etc. pati bahay at kotse… that’s the cash flow of most OFWs…

The question is … ” WHAT IF THE INCOME STOPS?”

Sa Pinoy, ganito: anak… mag-aral kang maigi, at pag tanda namin… ikaw na bahala sa amin ha…. Hindi po ba maling-mali. ..

You have to establish something today that will take care of your future.

Teka, teka… eh ano ang dapat gawin para hindi mangyari yan?

You must create a source of income that will continually make money flow inside your pocket. Start a business! While you are working as an executive or an OFW, or a professional. .. START A BUSINESS and MASTER that business till you get out of that company. Para kapag tumigil ang income mo sa kanila… may susuporta pa din sa iyo hanggang pag-tanda mo!

Now don’t tell me to invest my money on pensions and plans… NO WAY ! Narinig n’yo na siguro yung …. Naku ayaw ko na magbanggit.. .. ‘yung mga nagbayad at hindi nakapag-claim. .. sila pa ang dinimanda at nag-piyansa! !! HUWAG MO I-ASA ANG PAGTANDA MO SA IBA! GUMAWA KA NG SARILI MONG BALON NG PERA! KAHIT MALIIT PA ‘YAN, SARILI MO AT HINDI KA AASA SA IBANG TAO…

Imagine yourself when you reach an older age… (aruy ko,,, baka yung iba sa inyo about that age… tabi tabi po…Ako po sa mga nagtatanong. .. I’m 37 years old. Naabutan ko pa si Michael Jackson at hinele po ako ng nanay ko sa mga kanta ng hagibis…). You have money that the company gave you as your retirement pay… what will you do?

You can consume the money till your old… eh kung hindi umabot? Masamang damo ka pala… at hindi ka kaagad kinuha ni Lord. Eh pang age 65 lang yung naipon mo na budget.

Or maybe, you can start a business and use the money for capital… Kapatid… 9 out of 10 businesses, FAILED… yung isang magsa-succeed, gagayahin pa ng kapitbahay mo instead na mag-franchise sa ‘yo… think! At age 50, you are struggling trying to make a business work! What if it fails?!

Eh ano nga ba ang sagot?

The answer is, stop buying liabilities and instead buy assets now. I don’t care if it is a banana-Q store, balot, ice candy or a sari-sari store, etc… start now! Because, your experience here will teach you what to do in the future. It’s so hard to struggle in business when you are 60 yrs old.

You have to create a source of income separated from the source of income from your work. That when the time comes that you have to stop working, you will have your own source of money! Create assets, start a business that will be there to support you and your family. I AM NOT TELLING YOU TO QUIT YOUR JOB! I’m telling you to start a business while you’re working and stop spending your money on liabilities and start putting them on assets!

Ang pera kapag pinambili mo ng LIABILITY… hindi na babalik… ang ASSET… BABALIK.

Teka… masama ba bumili ng mga magagandang gamit? Hindi! Siguraduhin mo lang na ang pambili mo nun ay galing sa asset mo. The business has to be prioritized! Mawalan ka man ng trabaho, may negosyo kang palalaguin.

If before, nabubuhay ka naman ng iisa sapatos mo, huwag mo baguhin ‘yun… dati, nagdyi-jeep ka lang… ‘wag ka na munang mag-FX…

Create assets and lessen liabilities. Invest and learn now… mag-negosyo!

Eh anong negosyo? Any, as long as you think it is work and doble! I am still looking for partners for my HOME MASSAGE SERVICE! SPA MAGIC! And my business CAR MAGIC is still franchising. . (joke lang … baka sabihin nyo nag pro-promote lang ako eh…But I AM PROUD TO SAY THAT ALL MY BUSINESSES ARE ORIGINAL AND ALL ARE GRAND ASSETS!

I started all my businesses with a very small capital. If I used that money to buy a gadget, new shoes or any liability… baka wala lahat ng negosyo ko at wala na akong makain ngayon.

Again, I hope that this BASIC CASH FLOW article helps… I wish all of us become financially free!

 

FROM AN UNKNOWN AUTHOR

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Earth Hour 2011

24 Mar

Just a reminder that on Saturday 26 March 2011 at 8:30pm, hundreds of millions of people across the globe will be switching off the lights for one hour – Earth Hour, the world’s largest public environmental action. By taking part in this global ‘lights out’ event we will be acknowledging our commitment to actions that benefit the planet and demonstrate leadership in finding solutions to our environmental challenges.

Please join in by turning of all non-essential lighting in your homes.

For more information about the campaign please visit www.earthhour.org and/or view the Earth Hour 2011 video, http://www.youtube.com/earthhour, to get a better sense of the magnitude and inspiring nature of the event.

3 years and counting….

16 Mar

This day marks one of the important events in my life! Yehey… It’s the 3rd Anniversary of Ana Banana’s Blog. I know! It’s not a big deal… walang mangengelam hehe

It’s been 3 years na pala since I started blogging… time flies so fast really, parang kailan lang noong naghahanap ako ng pwedeng pagkalibangan sa office and I met blogging nga. Imagine that time, 1st 3 months ko dito sa UAE as in walang magawa sa office, they just started the project so wala pang masyadong paperwork. Through blogging lumipas ang oras ko ng may kabuluhan.  I’ve learn a lot, laugh a lot sa mga post ng mga fave kong blog noon.  Medyo nakakasad nga lang kase yung mga blog na madalas kong tambayan noon eh medyo nag hiatus na or just stop blogging for some personal reason.

I find this blog as my bestfriend, andyan sya thru thick and thin ika nga. Pwede mong sabihan ng mga problem mo and mga rants mo sa buhay na hindi magrereklamo kahit minsan paulit ulit. Kasakasama mo pag masaya ka, may mga gusto kang ishare na good news or gusto mo lang ichismis ang mga experience mo sa buhay.

I just want to say Thank you sa mga patuloy na dumadalaw sa blog ko, sa mga naliligaw sa pamamagitan ni pareng google, sa mga nakabuddy ko at sa mga naging friends through blogging. As of this writing, I now have exactly 124 posts (including this post), most of them written by me, with 953 comments and gain 39,817 visits… not bad for a lazy blogger hehehe.

I hope I am able to update my blog more often despite of busy sched at work and family life. I wish for fruitful blogging career (ano daw?) in the future.

Oh wait! There’s more…

It’s my 1st year anniversary din pala sa work ko dito sa UAE! This is my 2nd company, ang umampon sa akin nung sinipa ako sa dati kong work… hehe

Thank you my bread and butter!

Happy Family!

3 Mar

Finally! after 3 years of patiently waiting my prayers has been answered. My family (hubby and daughter) just arrived last March 1 here in Abu Dhabi yehey!

Lord, Thank you for all the blessings you’ve given me, It’s only 3rd month of 2011 but you already given me loads of happiness. Thank you.. Thank you… I could not ask for more!