Personal Finance Lessons We Can Learn From Aldub

Image from philstar

Aldub is currently making waves not only in the country but also worldwide. No wonder it is already considered a phenomenon. More so, it has been breaking Twitter records and surveys. Almost everyone is hooked with it. This is something we haven’t seen for ages. Kids and old alike can relate with the Kalyeserye, no wonder it can hit varied generation and different social status. Even celebrities are notably including Aldub in their posts and in their tweets. Needless to say, they are hooked as well.

One thing we love about the tandem and not to mention the famous JoWaPao is that it discusses one issue that we all know. And it is love. Yet, there are many life lessons we can learn from this tandem that the kids should know about especially with regards to love. However, I shall not be touching on love mainly because my blog isn’t about it yet about personal finance.

So the question then is, what personal finance lessons we can learn from Aldub? Is there one if not many? Allow me to share some points.

Walang minamadali!

Walang minamadali sa pag ibig. That is what Lola Nidora said. And this also fits well with regards to money and personal finance. There is really no shortcut to being rich. If there is one I bet everyone now would be rich. Hence, I am often taken aback with people who resorted to scams promising to double their money in a matter of days and months. People fail to realize that is not an assurance. You see, in order to double your money you need to know the Rule of 72. According to Investopedia, it is the rule stating that in order to find the number of years required to double your money at a given interest rate, you divide the compound return into 72. The result is the approximate number of years that it will take for your investment to double. This will solely depend on the interest. The greater the interest the shorter you have to wait to double your money. Even in the pursuit of investment, this will always take time. You can’t be rich in the stock market if you just invested for one week. Those who reaps more in the process already put their investment there for years. They understand that time is of the essence hence they waited. When it comes to money, the best attitude you can pair it with is patience.

Lahat ng bagay pinagtitiyagaan. Lahat ng bagay pinaghihirapan.

When I say invest in yourself first before investing is not far from the quote stated above. We often see people asking in finance forums on what the best stocks to buy or what business best to start today. While there is nothing wrong in asking such questions but more than getting information from others and follow their advice, it would always be best that we get to do our homework first. There are others who are willing to share their input or two but with regards to investment be it in the stock market or in business, it is very personal and there is no one size fits all mode. And one that can make a difference is that you be doing the hardwork. Before succumbing to their advice, do your research if it is best to buy now or sell. Before jumping into the franchising bandwagon, look up if these is something than can thrive in the long run. More so, it must be something of your interest rather than suggested. Don’t just join the bandwagon because it is what is popular today. Better gear up for some market research and lookup.

Sa tamang panahon.

It all boils down to the right time. And in money, timing is everything. In personal finance the time value of money is stressed out. The reason being is that, we all have the time. Rich and poor alike have 24 hours to spend every single day. The best thing that we can do is to use this time as a vehicle to help us generate more money and letting our money work for us. Yet, this does not come easy and more so this does not happen overnight. There is always the best time to do everything. Should you want to invest, the right time is now. Plus we have this sense of personal timing within us. However, do not delay. You might be left out. We all grow old and then we regret we were not able to invest when we were young. There is also that certainty that we will retire in the future. If we failed to plan it timely, we won’t have enough.

Aldub is bringing us love lessons and craze every single day. Little did we know, there are also financial tidbits that we can correlate with the said love team. It would be safe to say that Aldub is not only touching the hearts of many but it can also give lessons to money.

P.S. My very first e-book is finally here. You can buy it using the Buy Now button at the right or via bank deposit. Only Php 150.00. Purchase your copy now.

P.P.S To those doing the 52 Week Money Challenge, it is Week 38 already! Did you deposit the next amount yet?

P.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. 

P.P.P.P.S I am also sharing my stock market secrets and information via these resources