Financial Literacy Campaign No. 2 : Discussing Financial Foundation to the Young Professionals

in #money7 years ago (edited)

This Financial Literacy Campaign is initiated together with my fellow finance advocates, @jcvertucio and @namranna. This campaign doesn’t rely on Financial Awareness alone for it also includes Cryptocurrency Awareness and Steemit Introduction. Every now and then, we organize meet ups for interested individuals who seek for financial guidance, and we are doing these at no cost.

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Few days ago, I posted the official launching of our Financial Literacy Advocacy, and we just made our first ever Financial Literacy campaign. You can see more of it here.

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This time, I and @jcvertucio met our fellow young professionals in our field of practice. The original plan was to talk about Steemit since almost all of them are newbies who just created their accounts. However, we decided to incorporate the very basics of Financial Foundation.

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@jcvertucio started discussing the importance of Financial Planning Pyramid in building wealth systematically. This could aid young professionals who want to invest but don’t have any idea where to start.

The basic concept of this Financial Planning Pyramid is to start at the bottom of the triangle until you reach the top-most part which is the Wealth Distribution.

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Here’s a quick description of every level of this Financial Planning Pyramid:

  • Wealth Protection – This is the very foundation before you start growing your money through investments. This will serve as the safety net that will safeguard you from unexpected financial crisis (i.e, job loss, sickness, loss of life).

  • Wealth Accumulation – Once you have established your financial foundation, then you can start Saving and Investing. Do not just Save to Save. Save to Invest!

  • Wealth Distribution – Assuming you have already accumulated the wealth that you desire, then you can start managing your assets in preparation for anticipated incapacitation during your golden years.

We also talked about the different investment vehicles, Cryptocurrency, and of course, the technicalities of Steemit. Personally, I’ve also learned a lot from this meet up by exchanging thoughts and tips with regards to our financial wellness.


Behind The Scenes:

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We conducted the said meet up at the Coffee Prince Cafe here in Cebu (Near Capitol Site), Philippines.

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On the second floor of the cafe, there are comfy double decks.

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Their Frappes cost about PhP 170 to Php 185 each.


Financial Literacy Campaign Updates:

My fellow Financial Literacy Advocate @namranna made "The Seven Cures of a Lean Purse" series. This is an excerpt from "The Richest Man in Babylon" by George S. Clason . This series reveals the secrets of Babylon's Wealth that are essential for Wealth-building. @namranna just revealed the third cure lately, and I hope you'll find time to read this interesting revelation:

I also initiated #thebudgetchallenge yesterday. This is a contest for creating a budget plan. Please read more of the details here


If you're from Cebu, Philippines and you want to learn more about Financial Literacy, Cryptocurrency, and Steemit, don't hesitate to contact me on my Facebook account or you can just comment it directly on this post. We can do meet ups during weekends.

Cheers to Financial Freedom!

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great work

Thank you <3

I think this kind of work must be done here in Nepal too with the Nepali steemians friend . Good work .

i believe this should done in other parts of the globe as well. Thank you soo much <3

Ka intricate ani ate. I would love to learn more about financial budgetting and planning but maybe not now as our sched is a bit hectic. I love the idea of puruing an advocacy in Steemit. I will definitely work my way to pursue my own principles here in the near future

Yay! knowing you, it would be possible to push through with the advocacy that triggers your interest. With that kind of passion and dedication, I am pretty sure you're going to be successful in pursuing such.
Look at you, you have grown so much in this platform, you can help others grow as well :D

Wow! So amazed by the kickstart activities @smaeunabs! 😍 My eager heart is happy ❤️Aja!!!

yaaaay looking forward to our next sessions man! Thank you! <3
Unsaon nang heart nga solid? hahahaha I could only do this one: <3
Teach me ate @namranna XD

Its good information. Its nice financial awareness among the steemit community. Its a great help for good earning. Thanks for sharing the the idea.

Thank you! i hope more and more Steemians will be encouraged to keep track on their finances. Thanks for dropping by! :D

thank you for sharing the financial strategies. It help me a lot to improve my budgetting plan. But I am planning to enter into new business this year to venture franchising would you help me, decide whether it is profitable or advisable ??

You are most welcome ate! Hmmm yeah sure! it would be a great idea ate! Are you into food franchising?

soon shei. Ga study pako thru reading books and searching shei.

This is really nice. Useful at informative. :)

thank you so much @zararina!

I want that so bad 😞
Im always broke af ..

you can actually try reading investment books :D try to look at books written by Robert Kiyosaki: Rich Dad, Poor Dad :)