AM I TOO YOUNG TO INVEST?

Are you really too young to invest? How old do you think should a person know about money management, investment, profit, market or even retirement?

I'm blessed to have been introduced to buy and sell at a young age. My mom made us "polvoron"  a delicacy in the Philippines made of flour, powdered skim milk, margarine and sugar. Then I would sell it to my classmates during recess, we have two recess plus lunch break so I had all the time to sell it. 

My mom would give me a certain percentage from the profit. Obviously, it's not a lot but at the age of 10, I understood the value of money and how business works. 

Did I invest when I was a child? Probably  not financially but my mom did---but I did invest my energy to sell my moms "polvoron" because I know I will earn something. 

WE WANT TO EARN. THE REASON WHY PEOPLE INVEST, because we want to earn and have more in return. 

So are you too young to invest? 

DEFINITELY NOT! HOW TO START.

1. START SMALL. Try buy and sell first if you are not familiar with the business world yet. At a young age, a child should learn how to manage money and how money works. For someone like me who did it because of my moms guidance, I benefited from it. 

• confidence
• sales talk
• basic addition and subtraction
• self concept and self worth
• independence
• knowledge on making profit

2. DON'T BE AFRAID TO RISK. Don't make money your biggest priority but find a way for the business startup to be a stepping stone to know more and learn a lot of lesson. If you're afraid to start, then you're afraid to learn. 

3. PRAYER AN MOTIVATION.  Every persons success started from faith and motivation. Motivate yourself and believe that you can do it. "IT'S EASY TO START BUT IT'S HARD TO MAINTAIN IT." 

If you are able to motivate yourself over and over and over again, and you have a strong faith that God will never forsake you, YOUR AGE WON'T BE A HINDRANCE TO START ANYTHING, EVEN INVESTMENT. 

4. KNOWLEDGE. When you consider yourself young in the world of investment, meaning you still have a lot to learn, a lot to fail and a lot to encounter---- no matter what, don't think of those obstacles and challenges as barriers but rather, Knowledge. Without it, anyone who wants to invest or in the investing world cannot survive. 

"People say Change is constant, I say, Learning should be constant" 

5. PLAN. You need to have a concrete plan on what you want to do, what you like to do or what interest you. Just because you like something, that should be a good investment for you. It's not! Think out of the box and do trial and error and never give up, remember that the greatest people failed many many times and never gave up that's why they are now considered great in their own field.

6. DON'T WAIT. If you wait long enough, you will be old. hahaha! Kidding aside, all I'm saying is, you shouldn't wait and invest while you're still young. The younger you start, the more you'll understand the concept and the more you'll understand, the easier it'll get, the easier it'll get, the more reason for you to keep on going. 

So, ARE YOU REALLY TO YOUNG TO INVEST? If you still think you are, then I don't know what to do with you anymore. 

Go read a different blog. :)

Because to me, NO ONE IS TOO YOUNG TO INVEST. I started at age 10, you can start earlier than that. 

WHY OVERSEAS FILIPINO WORKERS ARE AGAINST THE "BALIKBAYAN BOX" INSPECTION AND WHY WE ARE AGAINST THE NEW POLICY THAT IT MUST NOT EXCEED TO $500.00.

1. WE SPENT MONTHS TO ORGANIZED OUR GOODS---SWEAT, PAPER CUTS AND OF COURSE BACK PAIN. ONLY TO FIND OUT ONE OR TWO OR EVEN MORE OF THOSE GOODS THAT WE SPENT OUR TIME SAVING, CAN BE TAKEN OUT WITHOUT OUR PERMISSION. 

2. WHEN WE PURCHASED THOSE GOODS, WE DID NOT ONLY BUY IT, BUT WE PAID THE SALES TAX WHICH CAN BE AS HIGH AS 8% TO 10%. 

3. WE DON'T BUY ALL OF IT, SOME OF IT ARE GIFTS FROM FRIENDS, NEIGHBORS, CO WORKERS AND FAMILY MEMBERS. ARE YOU ALSO GOING TO INCLUDE THOSE GIFTS AS PART OF THE $500 LIMIT? IT'S A GIFT!!!!!  

4. THERE'S NO WAY FOR CUSTOMS TO IDENTIFY THE AMOUNT BECAUSE IT VARIES FROM COUNTRY TO COUNTRY. I JUST DON'T GET THE LOGIC. WHY ARE YOU SO WORRIED ABOUT WHAT WE ARE SENDING? WE ARE NOT CRIMINALS!!!!

5. IF YOU WANT TO REALLY CHECK OUR BALIKBAYAN BOXES, MIGHT AS WELL CHECK HOW MUCH WE EARN, HOW MUCH WE PAY OUR RENT, IF YOU WANT MAYBE OUR BOSS, OUR LIFE AND HOW WE EARNED THE MONEY WE SPENT JUST TO SEND A BALIKBAYAN BOX HOME. I DON'T THINK YOU GET IT AT ALL!!! INSPECTING OUR BALIKBAYAN BOX IS LIKE CHECKING OUR PERSONAL LIVES. IT'S NOT LIKE WE ARE UNDER INVESTIGATION.

6. YES, WE MIGHT BE EARNING DOLLARS, DINAR, RIYAL, ETC., BUT WE ARE ALSO SPENDING IT IN DOLLARS, DINAR AND RIYAL. NO MATTER HOW MUCH THE EXCHANGE RATES ARE, IT DOESN'T MATTER. WE ARE NOT RICH JUST BECAUSE WE ARE OFW'S.

7. WE DON'T TRUST THE SYSTEM OF THE PHILIPPINE BUREAU OF CUSTOMS. LET'S NOT BE HYPOCRITES HERE, PHILIPPINE OFFICES FAIL BADLY BECAUSE OUR SYSTEM FAIL GREATLY!!!! WE LOVE OUR COUNTRY BUT WE HATE THE SYSTEM.

8. WE DON'T DESERVE THIS AT ALL. WE HAVE OTHER STUFF TO THINK ABOUT INCLUDING OUR FAMILIES WELL BEING. IT'S HARD TO BE AWAY FROM OUR FAMILIES ALREADY, DON'T ADD TO THAT BURDEN. 

THANK YOU FOR READING AND BE WELL!!!