10 Things I Learned from Blue Chip 2011

a.k.a. what I should’ve written on my airplane 😛

1. SAVE more, WORRY less. SAVE less, WORRY more.
2. STOCKS and INVESTMENTS aren’t just words mommy and daddy should know. 🙂
3. INFLATION is our friend, if we learn to get along.
4. It’s not bad to DREAM, but then we should not just dream, but ACT on that dream.
5. If you’ll learn to handle LESS, then you’ll learn to handle MANY.
6. It’s important to learn how to BALANCE cost and efficiency (as seen in the tower activity)
7. Sometimes when you have too MUCH ice breaker games, you won’t really be BREAKING THE ICE. 😉
8. CHAMP. C-commitment H-hardwork A-attitude M-motivation P-prayerfulness.
9. Treat yourself ONCE in a while after having saved your money.
10. Gratification comes when buying something with money one has saved on his own. 🙂


Life is a road. Tread it with caution.

I’d just like to say that I’m the type of person who likes to make up quotes 🙂 and for this particular occasion I find this seems to be quite the appropriate phrase to sum up the things I learned today while attending this all-day seminar at my school.
It was entitled ‘Blue Chip’ and featured a series of speakers that talked about money matters and the youth, and how we should learn to earn up our own wealth instead of using up the leftover fortunes our elders left us. I picked up a number of interesting little lessons, although I feel as if I’ve heard most of the lessons in the seminar once in my life already… from my parents.
My dad is a finance major and he’s usually been the one who’s stringent with money. He used to make us do expense reports for small amounts he would give as allowance, something which he didn’t usually collect but he made us do it nonetheless. i never found that experience pleasant at first, especially when I would see my classmates with P1K as their daily allowance. I mean, they could buy so much more and here I was buying P25 worth of candy sometimes because I couldn’t afford other things. Annoying is not enough to describe how I felt.
But now, after attending Blue Chip I’ve come to another one of those realizations: maybe I should’ve been listening when dad kept yacking at me. Maybe I should’ve taken time to actually do expense reports for P50 allowances (which are pretty big, I guess.. inflation aside). Maybe I should’ve not spent too much on food that would end up on my hips.
Blue Chip was more than just an eye-opener for me, it widened my horizons and now I feel as though I’ve left the day-long seminar more knowledgeable about finances, saving, investments and money. I appreciate the experience (and the deee-LISH food) 🙂

P.S. The investment stuff was new for me, though. Wishing now that I could get a steady allowance and put it into investing stuffs so I could eventually have enough cha-ching to eat Big Mac meals everyday for 135 years. 🙂