Image from prettyfeetpoptoe
A few days back my parents were playing the song “Ako ay may
Lobo” on TV in order to entertain my little brother so he will stay put. I am
pretty much acquainted with the song since this can be heard in the TV series
Doraemon which is a personal favourite of mine. That is why, I tend to sang
along and then it hit me. This is a pretty short song however the meaning can
be related to personal finance.
Here’s the lyrics:
Ako ay may lobo
Lumipad sa langit
Di ko na nakita
Pumutok na pala
Sayang ang pera ko
Pinambili ng lobo
Sa pagkain sana
Nabusog pa ako
Simply imagine this means something big with regards to
money and personal finance in general. Let us dissect this catchy jingle.
Ako ay may lobo
Lumipad sa langit
Di ko na nakita
Pumutok na pala
This is a cry of a child who had lost his or her balloon.
The balloon eventually flew and popped. I can still remember when I was a kid I
had to begged my parents to buy me a balloon after church. Well, we cannot deny
that balloons are indeed lovely especially with those colors and pictures.
Sayang ang pera ko
Pinambili ng lobo
Sa pagkain sana
Nabusog pa ako
Here the kid regretted the decision of buying the balloon. Should
the child use it to buy food, it would have been a better option since he or
she will get full. In here, money has been wasted.
So how does this correlate to personal finance?
It takes no rocket science in order to understand the
connection of the jingle to finance. The balloon can be a representation of the
things that we want. You see, there are many things in life that we really want
to have. The food on the other hand would be the things that we need. It still
boils down to needs versus wants.
However, it can be read in the jingle that the kid chose to
satisfy the want which is the balloon rather than the need which is the food. True
enough, we can be overwhelmed with the things we want to the point that we
prioritize it whenever we had the chance. Worst at the expense of the items we
need. That is why most of the time; we can no longer save because all of our
money is devoted in that aspect. Saving alone is a need however we tend to
digress the idea because of the notion that satisfying our wants can make us
happy. Little did we know that our wants are but temporary. It can satisfy us
for a short period of time. I am certain you felt this too before when you buy
something then after that you don’t feel happy at all with the purchase. Then
we regret. Then we have tons of what ifs and should have been. What if we use the
money to save? That money should have been used to invest. But, what’s done is
done. It is too late and we regret.
That is why it is imperative that we know in the first place
our needs and our wants. Then prioritize every single time our needs over the
latter. Let us not be like the kid in the jingle.
P.S. To those doing the 52 Week Money Challenge and 52 Week Money Challenge Version 2, it is Week 20 already! Did you deposit the next amount yet?
P.P.S Want to know more about investing, savings, stock market and more, check out my reference here. You can download free ebooks and resources too.