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.
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.
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.