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Nov 17, 2015 Anne Sta. Ana-Babiera
Lord, I want to thank You for giving me wonderful blessing,...
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Jan 29, 2015 Nicole Asombrado
The first thing that came to my mind when I...
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Jan 29, 2015 Nicole Asombrado
The first thing that came to my mind when I...
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Jan 29, 2015 Nicole Asombrado
The first thing that came to my mind when I...
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Jan 29, 2015 Nicole Asombrado
The first thing that came to my mind when I...
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Jul 10, 2014 Guest
Whoa i like your e4babae4babae9ƒbde6œ‰e7š„e6œbae4bcšefbcŒe6Ÿ90e4ba›e4babae4b8bbe5Ša8e6”bee5bcƒe4ba† | Hello world ,...
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Sep 26, 2011 Antonette Villanueva
Just got a copy of Raising Pinoy Boys. Husband wondering...
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Sunk Cost Fallacy (The Psychology of Money Series*)



In Economics sunk cost is defined as the cost already incurred and cannot be retrieved or recovered.

Rationally, we should make decisions based on the future value of investments, goods, services, and other choices in life. Well, that’s true for the “Econ” (the...

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Financial Compatibility on ANC On The Money

For the first time on ANC On The Money my husband Marvin and I will appear together to discuss Financial...
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After quite some time I finally decided to use this platform to deliver my message. I'm now on Twitter. Chat...
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Sneak Preview of the Book


Buy the Book.

CHAPTER 6 - MONEY MATTERS (Our Son's FQ)

The author shares how she and her husband raised their three sons to have high FQ (Financial Intelligence Quotient) at a young age. Marty, Enrique and Anton have been speakers in a Financial Literacy Workshop for the Youth. They now have their own financial goals and keep tab of them with their individual Balance Sheets.

Read the chapter and learn a thing or two from the stories so you too can raise your children to have high FQ.

Should you wish to show your son the magic of compounding, click this link.

For related stories visit the following:
12 Year Old Investment Whiz Kid
Brothers Fausto: Teenage Investors
What We Really Need To Teach The Youth

IN A NUTSHELL:

Whatever dreams and aspirations our sons have, they will always have to deal with money in their adult lives. In fact, being good with money at an early age will allow them to follow their dreams. Money really matters; it's our tool to have a comfortable and meaningful life, the very life we wish for our sons. Let's raise our Pinoy boys with high FQ now!

LET US SHARE:

I'm sure at this point, you already have a lot of thoughts about how you can raise your children to be financially intelligent. You may want to share them. Please post your comments and stories below.

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Total of 7 comments

Guest

we have just a meager income Ms Rose an lots of debts to pay..how can we start saving?..pls help

Jul 31, 2015 / 05:08 pm
Guest

i like this :-)

Mar 31, 2015 / 01:57 pm
Guest

i like this :-)

Mar 31, 2015 / 01:57 pm
Guest

A bit srupriesd it seems to simple and yet useful.

Aug 03, 2011 / 06:13 am
Rose Fres Fausto

Hi Joy. I'm glad you used the word "budget" instead of saying "we don't have money." This made your son aware at an early age that he can exercise decision making on purchases - that even if he has the money, he can opt not to buy it for a valid reason. So did you "buy him a budget?" :)

Feb 16, 2011 / 03:32 pm
Joy Saa

By the way, our son "Migu" is now 15, and still very much "Budget" conscious.

Dec 31, 2010 / 03:43 pm
Guest

i remember we exposed our eldest son "Migu" to the word "BUDGET" when he was barely 3 y.o. Everytime he points to a quite expensive toy in the mall, we often tell him,"Lets see if we have the budget". Until one time, he commented, "Why dont we just buy a BUDGET Mom?"

Dec 31, 2010 / 03:29 pm
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