Friday 22 April 2011

On my Way to Financial Freedom

I am A FINANCE PERSON but why haven't I still reached FINANCIAL FREEDOM?

Transferring from one bank to another in Manila, I developed the love for doing  loan evaluation.  For 25 years, day-in, day-out I computed for people's cashflow, validate their income and expenses, derive their net disposable incomes and credit ratios, and tell them whether they have the capacity-to-pay and approved of a loan or not.

I am a commerce graduate, major in Economics at that from the best exclusive girls school in Manila, an MBA degree holder from the best university in the country. My father is a Certified Public Accountant where debit and credit, assets, liabilities, capital, trial balance, income statement, balance sheet was an everyday thing at home, cashflow analysis is peanuts..... I AM EQUIPPED and learned all my financial theories .....

BUT I still feel I am not fulfilled FINANCIALLY.... have not achieved FINANCIAL FREEDOM

WHAT WENT WRONG???
WHY AM I NOT in FORBES Magazine's, list of wealthiest people in the WORLD

i FIGURED, ITS ALL IN THE EXECUTION ...
its ALL ABOUT OUR INVESTMENT RISK APPETITE
FINANCIAL DISCIPLINE
AND OUR DRIVE TO MAKE IT BIG!

i BELIEVE ITS NEVER TOO LATE...


From being a simple employee, I did  have enough savings and a few investments left and right... bonuses given by my employers meant a lot....  I am living comfortably. Considering the very high-cost of education in Manila, I'm able to send my 2 kids to the best school in the country. .Inspite of all these, I'm still not satisfied and want FINANCIAL FREEDOM.


I made a couple of wrong investments, credit card spending spree - We make mistakes and learn from it.... this is what I learned...

.To gain FINANCIAL WEALTH - means:
. . . you need to be financially literate,
..... you need to have a financial plan and EXECUTE IT,
......you need to have faith in GOD in your journey to financial freedom. . .
This is at least for those of us who started from NOTHING. Lucky are those who were born with a silver spoon


To  ACHIEVE FINANCIAL FREEDOM IS A CHOICE.
We need to take ACTION and PRAY if we want it badly.

I thank God I am not one of those who live below poverty line.
I thank my parents for sending us to the best schools and for teaching us the value of hardwork to achieve greatest things in life.

                                                              -=o=-

Forbes list of billionaires based on an annual assessment of wealth and assets compiled and published by Forbes  magazine on March 10, 2011.[1]
http://en.wikipedia.org/wiki/List_of_billionaires

lets all achieve TO BE ONE OF THEM . . . .