Career & Finance

How to Worry-free Invest in the Philippines

Most Filipinos learn the value of investing too late. Based on my observation, financial literacy isn’t taught in public elementary and high school. I graduated in college without any formal knowledge about saving, budgeting, investing and other terms that I only came to know now that I am working and managing my events business.

This factor is the reason why a lot of Filipinos are afraid of the word “Investment”. It sounds so foreign for someone who really has zero knowledge about what investing truly means. Worrying too much at some point creates the possibility of losing your money.

Are you afraid to invest? Then here’ a great post you can reflect on that will teach you how to worry-free invest here in the Philippines.

Be Informed.

Reading this post is only the first step. Continue gaining knowledge from other blogs and even financial books available in bookstores near you. Gaining information and learning secrets to making financial investments will help you become braver and lessen your worries when you start investing.

Have an Emergency Fund. 

An emergency fund is said to be equal to 3 months of your daily expenses. This means, when your monthly expenses is P10,000 a month, your emergency fund should have P30,000 pesos in it. An emergency fund helps you not be fearsome even if you lose some amount. Remember that investing money is a risk. This Emergency Fund will be your fall back if anything happens beyond your control. 

Study your investment venture. 

Investing money is not an overnight decision– you should think before you decide to invest. Review the investment company and analyze their records. In the Philippines, FAMI and COL are top of the line when it comes to investing in stocks.

Learn from the Experts and the Experienced.

Yes, reading blogs and financial books are great sources of knowledge, but there’s another way you can learn. Attend financial seminars! If this isn’t in your budget, there are a lot of free seminars hosted by various companies.

Know that God wants you to be financially-blessed.

God’s plan is for us to prosper; know that God wants us to be successful using the talents and gifts He has given us. My past article on How To Be Financially Blessed will help you understand better why I included this as part of my tips on how to start investing worry-free here in the Philippines.

Remember to take the time you need before you start investing. It is your money and whatever happens to it may affect you and your family greatly. Make sure that you understand very well the consequences of any investment that you choose to make. Given that investments are always a risk, it’s important to always have a back up plan.

I hope you found this post helpful!

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About the Contributor

Izza Glino is the lady behind SavingsPinay (A Financial Journey of a Common Pinay), a blog that gives financial tips and tricks for everyday living. She also owns a beauty blog called izzaglino.blogspot.com and a blog that gives free life courses to improve one’s being, journeytosinglehood.blogspot.com. A Journalism graduate from Polytechnic University of the Philippines, Izza believes that age should be a person’s greatest advantage. You are never to young or too old to dream.

See all of Izza Glino's posts →

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