Go Get A Starbucks Planner!
Starbucks Planner 2016
I bet you didn’t expect that right? Those of you who made it a tradition to line up in Starbucks every year — go ahead! MyManila made a computation and it came to PHP 2,186 for you to get the planner given that you get the cheapest set of coffee. Aside from the cost you also get a whopping 2,205 serving of calories with that.
So why do I suggest you get the planner? Because if I say that it’s just a waste of money, it’s an overpriced planner, it’s a planner you probably will never use, or you get extra pounds just by drinking those cups of high calorie drinks — you probably wouldn’t listen anyway.
If I say that P95 a cup / day is P2,660 / month or P31,920 / year or P319,200 in a decade. Something that can give you at least Half a Million pesos given an 8 – 10% interest rate — would that stop you?
If you make Starbucks your office away from home or the regular workplace and you do it regularly anyway; then by all means make the most out of it. I know alot of my friends go to Starbucks to work (freelancers and self-employed). Some go there just because they can (rich kids ika nga). If you are either one of the two then go ahead! But if you are doing it just because you want to spend without thinking about it or you simply don’t have the budget for it then I suggest you walk as far away as possible.
Investing in the Philippines
Please check out my blog on Financial Freedom called Rich Filipino Club.
History has proven that investing in quality stocks can give greater returns than most investment instruments. This offers you the best chance in achieving your financial goals and gives you the ability to later enjoy the benefits of your money working for you.
Growing up in an average Filipino family setting, I never really paid attention in investing. I was under the impression that for me to be successful I need to study hard and get high grades, find a good job, save and go on with my life. Never was I aware (or I guess I ignored it) that saving your money in the bank will only yield a measly 0.25% interest per year. This simply means that your Php100 will earn you 0.25 centavos in one year.
I attended a seminar recently about investing in the Philippine Stock Market and it really was a huge eye opener. Ask any Filipino what’s the US Dollar to Philippine Peso exchange rate and they would give you a somewhat correct number. In contrast, try to ask a Filipino what’s the current inflation rate and you’ll be lucky if he/she even knows what it means.
Inflation in the country is at 4.1% which is still considerably low. How does this impact you and your goal to be financially independent? You’re money needs to earn at least 4.1% this year to break-even and more to earn. Is your money going to earn 4.1% by sleeping in your savings account?
My Case against HTC Philippines and SIS Philippines – Finale
Everyone has been asking what happened to my administrative case against HTC and SIS Philippines.
I’m happy to report to you guys that HTC finally owned up to their mistakes and has made considerable efforts to correct the mistakes they did. Robert Dorano, Service Manager of HTC Philippines, contacted me a few days before the official hearing of my case at DTI and offered to settle. After giving it some thought, I decided to give HTC a second chance and accepted their offer to replace the unit they damaged with a new unit that’s of equal value as my old HTC phone. I was later informed that HTC Philippines is no longer connected with SIS Philippines and that the later has ceased operations as of last month.
What I learned from this experience?
- Persistence and patience are two things you need to have plenty of when you want change.
- Good Customer Service can definitely make or break a company no matter how big they are.
- Change is the only thing constant to keep up with the changing market.
To HTC Philippines… thank you and congratulations for making major changes in your organization and hopefully you continue to improve your processes.
The Random Mind of Ayan 