Book Review: Wealth Watch | The Investing POV

Do you have a friend who has just started investing recently? Or know someone who has just started with his first job? Or is your mom planning to fund a new bank account?

If you or  someone in your life who is keen and interested to know more about finances or is just starting to invest then the Bangko Sentral ng Pilipinas' Wealth Watch is the right book to soothe your financial appetite.

The Wealth Watch is a financial health and wellness book published by the BSP. It talks about savings, budgeting, investing, banking, credit and borrowing and other topics related to key financial health issues.

This is the first personal finance book I have ever bought and I must say I have still learned a lot while reading it. You do not need to be a finance professional to read and enjoy this book as it specifically targets the "everyday Filipino" with its broad yet timely topics. Anyone -- whether a student, teacher, housewife or someone in their mid 50's can all relate to the topics.

Reflection Guide after every chapter

Its contents range from anecdotes, real life experiences and notes about each key topics. Not only that but in every end of a chapter, they provide you with a set of questions that you may ask upon yourself. This is a good way to evaluate what you've learned from the readings. This is also in line with the sort of health vibe of the book as it makes a conscious effort to be your personal financial consultant.

The publishers were also careful as to use layman terms and to provide notes for financial products and other terms that might be unfamiliar to readers. This I think is a great help specially for starters like myself.

Overall, I enjoyed reading this book. I haven't finished reading it but I'm already looking forward to the next topics which are credit/borrowing, banking and consumer protection because I know that they would surely be useful when I start my professional career in a few months! 

Its content and look are indeed worth more than its 200 pesos selling price. Its hard bounded and is printed in glossy paper. It also serves as a good eye candy in your living room/study (such a bonus!) 

Glossy paper and really eye catching images

And if your interested on getting a copy you can get one from the sales counter at the ground floor of the Economic and Financial Learning Center at the BSP head office or if you happen to be in a conference sponsored by the BSP try looking for their booth, they might be selling one there which is where I bought mine. (last October in the DLSU-D JFINEX Students' Summit at ULS, DLSU-D)

For more information, check the BSP's Media Releases Page

That's all for this week guys! I hope your enjoyed reading the Wealth Watch as much as I did.

Cheers!

Disclaimer: This post is not sponsored. This is my own opinion about Wealth Watch. :)

Investing in Experiences: 2nd DJSS

Last Saturday, I attended the 2nd DLSU-D JFINEX Students Summit: Money Matters, Changing The Way You Think About Money at the Ugnayang La Salle Gymnasium, DLSU-D. It was one of the biggest events I have gone to so far in this year and I must say they did a really splendid job. The DJSS is a fund raising event held annually in our school. I organized the first DJSS but this year's summit far outshined and outperformed the previous one. 

Four amazing and engaging speakers graced the stage and talk about how money affect our sense of leadership, investing, relationships with others and our spirituality. All of the speakers are in the top of their fields and were so engaging, you couldn't help but get drawn in their talk.

The organizers also didn't disappoint the participants with their generous sponsors and food partner. Food quality was ensured by McDonald's and thousands of pesos worth of raffle draws were given by their sponsors! The most memorable ones were the 5 lucky winners for the 25k accident insurance by Sunlife;the 3 10k discount from Tree Top Adventure and 10 lucky backpack winners  from Hawkbag. 

The weather was especially sunny on that day as well and there were a lot of participants. the whole gymnasium was jam-packed! It's really amazing how one organization is able to spearhead all of this is certainly a feat.

The summit all in all had a wholistic view about money and gave its attendees insights on how money affects a person as a whole. The morning talk focused more on money and how it affects your sense of leadership with Mr. Abante of the Department of Finance, he talk about how as young government officials are constantly facing a lot of challenges. Mr. Marvin Fausto talked about how you can use money to start investing and start to accumulate wealth at a young age by investing in the stock market. Mr. Pangilinan enumarated how important building good relationship with others affect your mindset in money emphasizing that a great relation ship with God and your family can help you better handle your finances. Lastly, Pastor Soriano, inspired us to be better investors while also stressing out that we need not be consumed by money in order to experience a full and satisfying life.

At the end of the day, everything went on smoothly up until the closing remarks to the distribution of certificates. The only thing I could comment on was the lack of ventilation and poor air-conditioning of the venue but other than that I  was super happy with everything else rating this event a 9/10! But seriously, I think it was the freebies  and merchandise that really caught my heart.

Disclaimer: This post is not sponsored. It is simply my review for the 2nd DJSS. Credits to DLSU-D JFINEX for the posters.