SEARCH

RaisingPinoyBoys.com is the interactive website partner of the book Raising Pinoy Boys. You are all invited to share your thoughts, comments, stories, questions and other matters pertaining to the subject. This site aims to build a community of families gathering together to serve as effective support system in raising our Pinoy boys to their full potential.

Forgot password

65184

Captcha:

Community Journals

Jul 10, 2014 Guest
Whoa i like your e4babae4babae9ƒbde6œ‰e7š„e6œbae4bcšefbcŒe6Ÿ90e4ba›e4babae4b8bbe5Ša8e6”bee5bcƒe4ba† | Hello world ,...
Read more...
Sep 26, 2011 Antonette Villanueva
Just got a copy of Raising Pinoy Boys. Husband wondering...
Read more...

Latest Updates


Events / Announcements

I'm now on Twitter!

After quite some time I finally decided to use this platform to deliver my message. I'm now on Twitter. Chat...
Read More



Invest Like a Woman

Catch me today January 14, 2014 at ANC On The Money as we discuss women and investing. It airs at...
Read More



Show all Events


Sneak Preview of the Book


Buy the Book.

Featured Article

July 30, 2014

Help! My Teenager and I Argue About FQ


.

Question: Hi Rose. My name is Ana, I am a single mom of a teenage girl named Samantha who is now 13 years old.

 

Sam and I just had an argument about financial stuff because she wanted to sell the gadgets she wasn't using to buy a new cellphone.  Naturally, as a single mom struggling to make ends meet, we had this argument where I insisted that a new cellphone would not have “value added benefits” over her old and still reliable one.

 

However, I am not the best example for her when it comes to financial literacy as I am struggling to get out of the slump myself.  Thus, when she asked what I meant by “value added benefits,” I told her the one thing that I can actually expound on (via Rich Dad Poor Dad) - INVEST.

 

We had a very long discussion on investing and it was something I really couldn't sustain with my very limited knowledge and hands-on experience.  Thus, I tried to look for articles and chanced upon your article entitled Teenagers Interested In Investing dated November 2012.

 

I would like to expose Sam to the world of investing and I know that, as much as I want to be the one to do it, I am just not equipped.  Would you perhaps have a Seminar or a Talk that would help me jumpstart her interest on it?  I too am attending seminars on Financial Literacy but I'm afraid that these are not the ones for her age group.

 

I would appreciate your help.  Thank you.

 

 

Answer: Hi Ana. A lot of parents share your predicament of teaching their children about money matters when they themselves are not confident about their own money skills. However, I am a believer that parents are still the best teachers to their children because when it comes to money, we’re not just talking about a set of skills but a value system and values are better caught than taught. Be honest with Sam. Tell her that you want to raise her to have a high FQ and that you will be joining her in this journey because you want to raise yours too. 

 

Here are some of the things you can do together.

 

1. Understand your own relationship with money. You may want to read my previous article entitled How Can I Teach What I Don't Know? Do the exercises in said article. Share it with her. She may also want to do the exercises.

 

2. Discuss and write down your dreams together and use your core values as your guide. Allow Sam and yourself to dream big. You may even use photo collage when you two come up with your dreams. Working your way to improve your money skills and disciplining yourself will become more worthwhile and sustainable if you visualize what you’re working for. I’d like you to use the guidelines in this article. What You Do With Your Money Should Agree With Your Core Values.

 

3. Make your respective Balance Sheets. It’s good to know where you are financially right now so you have a clear starting point and know how far you have to go to reach your dreams. I’ve written about personal Balance Sheet a few times and this one might interest your teenager Selfie And The Balance Sheet.

 

4.  Based on your balance sheet and the asset inventory that you did, sell the things you’re not using anymore. You mentioned that Sam wanted to sell her unused gadgets in order to buy a new cellphone. You should at least commend her for thinking of liquidating NPAs or non-performing assets. Hopefully, once you’ve done steps 1 – 3, she may not be that interested in buying a new cellphone anymore while hers is still functional. She would have realized that there are other more important things that she can save up for, that we don't only save in order to have something to spend right away, but also to have something to invest. This brings us to the next step.

 

5. Teach her the magic of compounding. My sons were blown away when they first saw how regular saving can grow into something very big. You can download an excel file for free from RaisingPinoyBoys.com - Magic of Compounding so you and Sam can work on your respective saving and investing schedules. Maybe she can now regularly save from her allowance to help fulfill her dreams. Read Your Children's Weekly Allowance: Best Training Ground To Raise Millionaires.

 

6.  You’re right that some of the Financial Literacy Workshops that you attend may not be appealing to your teenager. Every so often I’m able to bring my sons to join me in my talks, and it’s different when teenagers hear it from fellow teenagers. If you follow me on facebook, twitter and instagram, you’re bound to know when these talks happen, so watch out. For the meantime, check my Author Archive and see what other articles may be helpful to you and Sam. My new book The Retelling of The Richest Man in Babylon is also a helpful read for the two of you because it talks about the three basic laws of money in very simple language.

 

7. Check out investment instruments available at your friendly bank and other financial institutions to see what works for you. Small business ideas that you can do on the side to augment cash inflow are also welcome.

 

8. Find inexpensive bonding...

View Full Article
| Write or View Comments


.

Question: Hi Rose. My name is Ana, I am a single mom of a teenage girl named Samantha who is now 13 years old.

 

Sam and I just had an argument about financial stuff because she wanted to sell the gadgets she wasn't using to buy a new cellphone.  Naturally, as a single mom struggling to make ends meet, we had this argument where I insisted that a new cellphone would not have “value added benefits” over her old and still reliable one.

 

However, I am not the best example for her when it comes to financial literacy as I am struggling to get out of the slump myself.  Thus, when she asked what I meant by “value added benefits,” I told her the one thing that I can actually expound on (via Rich Dad Poor Dad) - INVEST.

 

We had a very long discussion on investing and it was something I really couldn't sustain with my very limited knowledge and hands-on experience.  Thus, I tried to look for articles and chanced upon your article entitled Teenagers Interested In Investing dated November 2012.

 

I would like to expose Sam to the world of investing and I know that, as much as I want to be the one to do it, I am just not equipped.  Would you perhaps have a Seminar or a Talk that would help me jumpstart her interest on it?  I too am attending seminars on Financial Literacy but I'm afraid that these are not the ones for her age group.

 

I would appreciate your help.  Thank you.

 

 

Answer: Hi Ana. A lot of parents share your predicament of teaching their children about money matters when they themselves are not confident about their own money skills. However, I am a believer that parents are still the best teachers to their children because when it comes to money, we’re not just talking about a set of skills but a value system and values are better caught than taught. Be honest with Sam. Tell her that you want to raise her to have a high FQ and that you will be joining her in this journey because you want to raise yours too. 

 

Here are some of the things you can do together.

 

1. Understand your own relationship with money. You may want to read my previous article entitled How Can I Teach What I Don't Know? Do the exercises in said article. Share it with her. She may also want to do the exercises.

 

2. Discuss and write down your dreams together and use your core values as your guide. Allow Sam and yourself to dream big. You may even use photo collage when you two come up with your dreams. Working your way to improve your money skills and disciplining yourself will become more worthwhile and sustainable if you visualize what you’re working for. I’d like you to use the guidelines in this article. What You Do With Your Money Should Agree With Your Core Values.

 

3. Make your respective Balance Sheets. It’s good to know where you are financially right now so you have a clear starting point and know how far you have to go to reach your dreams. I’ve written about personal Balance Sheet a few times and this one might interest your teenager Selfie And The Balance Sheet.

 

4.  Based on your balance sheet and the asset inventory that you did, sell the things you’re not using anymore. You mentioned that Sam wanted to sell her unused gadgets in order to buy a new cellphone. You should at least commend her for thinking of liquidating NPAs or non-performing assets. Hopefully, once you’ve done steps 1 – 3, she may not be that interested in buying a new cellphone anymore while hers is still functional. She would have realized that there are other more important things that she can save up for, that we don't only save in order to have something to spend right away, but also to have something to invest. This brings us to the next step.

 

5. Teach her the magic of compounding. My sons were blown away when they first saw how regular saving can grow into something very big. You can download an excel file for free from RaisingPinoyBoys.com - Magic of Compounding so you and Sam can work on your respective saving and investing schedules. Maybe she can now regularly save from her allowance to help fulfill her dreams. Read Your Children's Weekly Allowance: Best Training Ground To Raise Millionaires.

 

6.  You’re right that some of the Financial Literacy Workshops that you attend may not be appealing to your teenager. Every so often I’m able to bring my sons to join me in my talks, and it’s different when teenagers hear it from fellow teenagers. If you follow me on facebook, twitter and instagram, you’re bound to know when these talks happen, so watch out. For the meantime, check my Author Archive and see what other articles may be helpful to you and Sam. My new book The Retelling of The Richest Man in Babylon is also a helpful read for the two of you because it talks about the three basic laws of money in very simple language.

 

7. Check out investment instruments available at your friendly bank and other financial institutions to see what works for you. Small business ideas that you can do on the side to augment cash inflow are also welcome.

 

8. Find inexpensive bonding activities with your daughter and check out each other’s saving and investing development from time to time. You have just found yourself a saving and investing buddy in Sam! Isn’t that great?

 

Cheers high FQ to both mother and daughter! Do give me feedback that we can share with the readers.

 

 

Wishing you financial happiness,

 

Rose

 

ANNOUNCEMENT

 

The following twitter users won in last week’s “Spot Me” contest:

1. @rizchellemanaog

2. @epoddude

3. @bernscon

 

Please email your name and address to FQMomm@gmail.com (yes that’s double “m” at the end). Congratulations!

 

 

(Rose Fres Fausto is the author of bestselling books Raising Pinoy Boys (download free book sample) and The Retelling of The Richest Man in Babylon (a story and activity book for kids from 1 to 92). Click this link to watch book trailer.

 

To read her other articles go to www.RaisingPinoyBoys.com or PhilStar.com Author Archive. Send your questions and comments via email to maryrose_fausto@yahoo.com or FQMomm@gmail.com.)

 

This article is also published in RaisingPinoyBoys.com.

 

Attribution:  Image from mfirecovery.com


 


E-mail


Write a comment

YOUR QUESTIONS ANSWERED

To start a topic thread and ask the Raising Pinoy Boys community a question, please Sign Up.

By Rose / Her Boys | The Community (Topic Thread)

By Rose / Her Boys

To Ask Rose or Her Boys a question go to the Ask Question Page.

Ghurl Vacaro Jul 18, 2013
Hi Ms. Rose, I read your articles in Philippine Star and I'm quite interested on your topics about financial literacy. I just turned 25 and currently working in Riyadh, I'd like to make my savings grow while I'm still young and single, can you give me advice on how or where is the wisest way to save or invest? Thanks a lot! God bless you!

Answered by Rose last Apr 23, 2014 / 02:41pm:

Hi Ghurl Vacaro. I hope you read my article that tackled your question. I'm happy to inform you that it received a lot of hits both in this website and PhilStar.com. It was also shared many times. This means that your question helped enlighten a lot of people. Here's the link: http://www.raisingpinoyboys.com/dashboard/showArticle/MTYy

Raymund Camat Nov 25, 2012
For the boys, will you also consider financial literacy as a quality that you will look for to your future gf/wife?

Answered by The Boys last Nov 30, 1999 / 12:00am:

It would be ideal if she were but it's not something we would really "require" so to speak because it's not very common. I guess as long as she's not too much of the "magastos" type because financial literacy is something that you could learn.

Guest Aug 30, 2011
Why the title "Raising Pinoy Boys?"? Its culture specific and middle class ideologue ..care to explain? thanks

Answered by Rose last Aug 31, 2011 / 09:33pm:

@Guest Aug 30, 2011. The title is Raising Pinoy Boys because it's a compilation of a mother raising her Pinoy sons. Yes it's culture specific and middle class because that's where I belong. In my over 2 decades of parenting I have always learned a lot from specific stories of book authors, parenting seminar speakers and even conversations with other parents and educators of boys. Thus, I thought it would be worthwhile to share my specific stories and those of the parents of the successful Pinoy men I featured in the book. Thank you very much for your question.

Guest Aug 10, 2011
Can we invite you to talk in our school during a parenting seminar?

Answered by Rose last Aug 10, 2011 / 09:19pm:

@Guest Aug 10, 2011 - Yes you may. I would be glad to. Just send me an email specifying your needs for the talk - the audience, the topic, etc. You may send your email to RaisingPinoyBoys@yahoo.com or through this website. Be sure to leave your name and email address. Thank you.

Guest May 15, 2011
du u know chris tiu?

Answered by Rose last May 27, 2011 / 11:39am:

I first heard of Chris Tiu when he became a UAAP basketball player of the Ateneo team. I learned about his other admirable traits later on and decided to include him in the book. Fortunately, his mom is a friend of my co-parent so I was able to interview her. He and his parents attended the book launch (see pics in a previous article on the book launch - Jan 2011).

The Community (Topic Thread)

To ask the Community a question go to Topics page. You have to be a Signed up member of the community to start a topic thread. ( Sign Up )

Christer-Nor Sayo - Negative effects of Money to my children... Feb 01, 2011
Are there any negative effects when we teach our children about money at an early age?
View all 7 comments | Write a comment
Guest - I rekocn you are qui Nov 30, 1999
I rekocn you are quite dead on with that.
Write a comment
Guest - That saves me. Thank Nov 30, 1999
That saves me. Thanks for being so seesnbli!
Write a comment
Guest - I will be putting th Nov 30, 1999
I will be putting this dailzzng insight to good use in no time. http://zignaeoxpy.com [url=http://ivfneivyfl.com]ivfneivyfl[/url] [link=http://cwvzrt.com]cwvzrt[/link]
Write a comment
Guest - What a great Nov 30, 1999
What a great resocrue this text is.
Write a comment
Guest - I hate my life but a Nov 30, 1999
I hate my life but at least this makes it bearlbae. http://svcatnicy.com [url=http://yxosprq.com]yxosprq[/url] [link=http://kesnzdbxuyz.com]kesnzdbxuyz[/link]
Write a comment
You may also add us at or

© Copyright 2010 All Rights Reserved. Raising Pinoy Boys