Ever since I began plotting my way out of poverty and learning about personal finance – which started more than decade before I even conceived of writing this blog – I regularly came across people with the same goals as I do but were just proceeding without any specific direction. Like me, they wanted to be financially free in a number of years. But unlike me who had a financial blueprint that I implemented, they were “winging it”. It was crazy to me because for something as important as financial freedom, you’d think that people will exert effort to reduce
I have always been a believer of the saying “If there’s a will, there’s a way.” This was my mantra more than a decade ago when I was trying look for ways to finance my college education. As I’ve shared in this blog before, education was my way out of poverty. Despite the fact that I’m not exceptionally intelligent nor especially talented, I was able to find a way to finish my undergraduate years in one of the Philippines’ top university as a full scholar. Because of this opportunity, I was able to slowly but surely build myself up, help
Since it’s the start of a new decade, I can’t help but reminisce and look back to the last 10 years, both to see how far I’ve come and to remind myself of how far I need to go. I’ve always been open about sharing with you guys how I grew up in poverty and the reasons why want to achieve financial independence. If you haven’t read that post yet and you’re curious, go to Why I Want to FIRE – A Personal Tale of Early Woes and Awesome Wins. Despite my disadvantaged background, I worked hard to get out of
This post is the continuation of my series on the available scholarships for Filipino students. For additional ideas, read the following post: Corporate Scholarships for College Students in the Philippines How to Find Scholarship Programs in the Philippines I will keep these posts evergreen. Meaning I will constantly update it with new information. I also welcome contributions from readers so if you want to share your experiences about applications and whatnot, please feel free to write a comment or send me a message. Be sure to check out the miscellaneous information section of each entry
If you’re a parent like me, one of your most important financial goals is to save and invest enough for your child’s college education. Even though there is an emerging trend in western and developed countries of people opting out of college, we in developing countries do not have the same luxury. If we ever want to ensure that our children stay out of poverty, have high paying jobs (if they choose to), and receive a modicum of respect from society, they need to attend and finish college. Periodt. Not saving enough money for your child’s college education is the
Last year when my cousin was preparing to enter college, I compiled a list of scholarship programs in the Philippines to help pay for her fees and other expenses and to make her resumé attractive to future employers. When she got into the University of the Philippines where they don’t have to pay any fees, I totally forgot about it until the other week. I’m sharing this list of corporate scholarship programs in case you or anybody you know needs help paying for college. This post is solely for scholarship programs sponsored by private companies and rich people foundations.
In my previous post, I talked about some causes of poverty. Now I’ll be sharing strategies and ideas to overcome and get out of poverty slowly, steps that you can personally take to break your financial cycle. I did not discover these ideas all at once. These are the result of years of personal experience, thinking about stuff, deep conversations with people, and reading books and articles in different subjects including personal finance, logic, feminism, public policy, even fiction. I did not just wake up one day, and then bam! ideas! It took time. I’m sure there are a lot
One of the many many reasons I blog is to share my experiences and strategies on how to break out of poverty just in case somebody out there in the nameless void can benefit from what I say. If there’s one thing that I pride myself on and consider myself an expert, it’s finding and implementing ways to break out of the financial vicious cycle. I was in poverty for the first couple of decades of my life. Getting out of poverty has taken me a good portion of the next decade. So I can claim that I have plenty
Here’s a very neat method I learned from the classic personal finance book, Your Money or Your Life: how to calculate my real hourly wage and why I should do it. The concept is this: [bctt tweet=”we only have a limited time on Earth and we exchange a portion of that time to go to work and earn money. That means we are literally giving up our life for money. ” username=”MeKatieScarlett”] Which raises the question: are the things we’re spending money on worth the life we’re giving up to buy them? How to Calculate Your Real
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