This year, I fulfilled one of my goals.
I attended the Financial Planner’s Training of the Personal Finance Advisers (PFA). I have been planning to attend this training for some time. I just couldn’t find the time for it. This year, I took the time to attend it.
I learned a lot from this training aside from personal finance. The estate planning module was overwhelming. It opened my eyes to the different tools that we can use to plan for our estate. I wish I had taken this training when I became an independent Oracle Consultant 10 years ago. Why? That was the time that I really needed to know a lot of personal finance stuff since I started earning more.
But I am still glad that I attended the training early this year. I started the year right! Although I am 40 and feel really mortal, I feel more knowledgeable and equipped to approach how I should be saving and investing for my retirement.
Also, I passed the exam. I am now an Associate Financial Planner.
There are things I wish that were taught in college. One of it is personal finance. I admit that I knew nothing about investments when I started working. All I knew was that I need to save. I have experienced saving when I was young and still studying. My dad encouraged us to save. Whatever we saved, he would double it. I was addicted to saving because of the interest that I would get from my dad.
Finishing college education and working opened a whole new world to me. Real life education started. Yes, I had a job. I did account for where my money went and I tried to save. I started working as a Programmer in one of the software companies in Ortigas Center. I managed to save especially when I rented bed space in Pasig.
I got married and had a family of my own. Due to unfortunate circumstances, I became a single mom by choice. Another unfortunate event happened in my life and I found myself leaving my parents’ house. I found a one-bedroom condominium unit to rent and started raising my daughter all on my own way back in 2008.
Yes, there was child support. It did help. I was lucky I got a stint to become an independent Oracle DBA consultant which allowed me to work from home and earn in US dollars. Full of ambition to give my daughter a good life, I vowed to myself that I had to make it all on my own.
The journey wasn’t smooth. I started reading blogs on personal finance and educated myself. I bought personal finance books and devoured the knowledge I gained from it.
I just did not read these books. I started applying what I learned from it. Slowly, I zeroed out my debt. I finished paying my housing loan back in 2014.
I did not have the time to attend seminars because of the nature of my work. But it did not stop me to learn. I still continuously invest on my knowledge by buying personal finance books and educating myself on best practices.
It has been almost a decade since I left my parents’ house. It was a blessing in disguise. I am still living independently from them as a single mom and raising my daughter all on my own.