Learn financial literacy for FREE through television. Other than just being guests in various programs, we now give you more regular information on THREE CHANNELS: RHTV, GNN and TFC!
ONE:
Watch Francisco Colayco and Armand Bengco regularly in Pera Pera Lang Yan, a one (1) hour show hosted by Dennis Antenor, Jr. and Diego Bandido of YES FM every Friday, 12:30 to 1:30 pm in RHTV Live Streaming! Also watch the telecast on our website. Just log in CFE's Interactive Page and click on FJC on Video.
TWO: Tune in to The Filipino Channel. Watch Kwentong Disyerto every Friday 10:00 am (Middle East Time) over TFC and every Sunday 2:00 am (Philippine Time) over ANC.
THREE: Watch Pisobilities @ The Business Portal. The only two (2) hour show in the Global News Network (GNN) hosted by, no other than Armand Bengco, Executive Director of Colayco Foundation and General Manager of Kapatiran sa Kasaganaan Service & Multi-Purpose Cooperative. This is every Tuesday, 10:30 am to 12:30 pm with replays on Wednesdays 1:00 am and Saturdays 10:00 am.
GNN is on Destiny Cable and GSat Asia (Satellite TV). The program can be seen nationwide and in countries like Hong Kong, Mongolia, Brunei, Indonesia, Taiwan, North Korea, South Korea, China, Vietnam, Malaysia and Japan.
Mr. Colayco at the Philippine Navy Headquarters
The Center for Naval Leadership and Excellence (CNLE) is a newly-instituted office of the Philippine Navy (PN) primarily tasked with strengthening leadership and professionalism of PN personnel. Captain Giovanni Carlo J. Bacordo, PN (GSC) heads the CNLE.
On August 20, 2010, Mr. Francisco Colayco was a Guest Speaker for the 7th Leg of the PN Governance Forum Series, featuring the topic Personal Governance: Managing your Finances Wisely. This was held at the Headquarters Philippine Navy Multi-Purpose Hall, Naval Station Jose Andrada in Roxas Boulevard and beamed to other naval centers.
The CNLE is conducting a Governance Forum Series to run throughout 2010. This forum series covers diverse and extensive topics on the many aspects of governance, featuring highly respected individuals who are recognized in their respective fields. The PN strongly believes in the essential role of an efficient management of one's finances towards over-all personal and professional effectiveness, thus tapping Mr. Colayco’s expertise.
PROMOTING SAVINGS TO OFWs
Promoting Savings to Overseas Filipino Workers: Pioneer Life Inc. partners with the Colayco Foundation. Pioneer Life Inc., a subsidiary of the Pioneer group of companies, recently partnered with CFE to provide its sachet savings and insurance product, Sparxx, to the members of the Kapatiran sa Kasaganaan Service and Multipurpose Cooperative or (KsK SMP Coop). Born from the CFE’s advocacy ‘Wealth is Within Your Reach,’ the KsK SMP Coop is an “investment” cooperative developed to collectively pool resources to fund the start of long-term businesses and also carefully selected financially viable businesses of individual members. Through this partnership, Pioneer Life actualizes its vision of transforming Filipinos into a strong nation of savers and investors by providing solutions for the cooperative’s members that will help fulfill their savings and investment goals.
June 19, 2010 - Three Inspiring Stories of Dads
It’s so inspiring to listen to the stories of those people who have read Wealth Within Your Reach, our other books and those who have attended our workshops.
Two police officers attended our workshops 2 years ago. One already has a business and his wife is the one managing it. His wife, though did not attend the workshop, but was able to read the books of Mr. Colayco. “Running a business is difficult” according to the spouse. “But at least, we know that this business is becoming stable and we are happy running this business.” Not everyone succeeds in setting up a business, but if you have the passion and the skills in what you are doing, then you have been better chances of success.
The other police officer, bought a few hectares of land in a province and he let the locals cultivate it, thus giving employment. He got a franchise to operate a Utility Vehicle (UV) and this gave him the additional income to augment what he currently receives. According to this second police officer, he would never result to “kotong” because he knows he is secured financially. “The income that will be generated eventually will be put in investments and in expansion.”
The third dad is an employee who attended one of the inhouse seminars we did with their company. He is very proud to let us know that his net worth increased by more than 1000%. He used to be negative in his SAL but now he is very much positive. And currently, he is looking at the stock market to further grow his assets.
If you have a similar story, we would appreciate hearing from you. We want to impart your success stories to inspire others and to let people know that it is not difficult to become wealthy. Do email info@colaycofoundation.com.
June 18, 2010 - Friday Night-Out Learning About the Stock Market
Fridays are usually spent hanging out with friends to de-stress after a weeklong day at work. But last June 18, Colayco Foundation and the Philippine Stock Exchange (PSE) Market Education Department gave a very informative seminar on the stock market.
This time, the rain did not pour despite the dark clouds that afternoon. People started coming as early as 5pm. They were excited and we too were excited to once again bring the Investability Seminar Series: The Stock Market. This is our second run and more runs to come as long as the need is there.
CFE’s Executive Director Armand Bengco gave an overview for the new attendees on the right mindset on how to management investment funds. Attendees came from as far as Taytay Rizal, Cavite, Binan and Calamba, Laguna. The other speaker, Mr. Jay Penaflor, is a Senior Specialist of the PSE Market Education Department.
This seminar is a non-technical discussion about the stock market and it gives the basics needed to answer the questions what, when, where, who and how. It’s really that easy! But of course, you will have to set your goals first before investing.
There are many misconceptions about investing in the stock market. The seminar is an eye-opener to learn about the stock market. If you also want to discover more, attend our next run in July. Wealth is really within reach to those people who are informed, have the discipline and are decided and determined to be wealthy! Are you?
June 12, 2010 - An Independence Day Celebration with Colayco Foundation
June 12 was a working holiday because June 14 was declared a non-working holiday. Holiday or not, the Pera Mo Palaguin Mo Workshop had a very very good attendence. And it was attended by the likes of Tony Tony, Slick Rick & Sam YG (Boys Night Out / Magic 89.9), Karla Henry (Ms. Earth 2008), Diana Menesez (Eat Bulaga), and Mikee Lee (PBB Teens). I’m wondering who will attend the next run? Hmmm….
The workshop is a means for you to determine where you are now in terms of your personal finance. This is key to understand and peg where you are going. It helps the participants determine their target retirement fund and how to achieve it. It also gives the different financial instruments that will be fit your goals and your risk profile.
This workshop is brought to you by the Colayco Foundation for Education, Rapha Health, FAMI Save & Learn Mutual Fund, Businessworld, Herword.com, Bulgar, Vacation Thrills & Frills, Mijac Construction, and Kapatiran sa Kasaganaan Service & Multi-Purpose Cooperative.
Puregold Invites Mr. Colayco
Puregold, one of the foremost supermarkets in the country, held its fifth “Ang Tinadahan ni Aling Puring” sari-sari store convention last May 26 to 30, 2010. The theme of this year’s convention is “Puregold Sari-Sari Republic, Isang Bayan para sa Asensong Kabuhayan” highlighted the success and continuing growth of Puregold and its Tindahan ni Aling Puring.
Mr. Francisco Colayco’s topic was “Pisobilities-Palaguin ang Piso sa Negosyo”. The seminar room was jampacked! The attendees were very happy to see and learn from the personal finance guru.
Another Pisobilities Seminar
On May 29, the Colayco Foundation conducted another run of Pisobilities Seminar. Mr. Armand Q. Bengco, Executive of the Colayco Foundation conducted the seminar, and he also gave an orientation on KsK Cooperative.
The next Pisobilities Seminar will be on July 24. Please call Rhea at 5779540, 6373731 or 6373741.
Transformation Program of PNP
As part of the partnership between Colayco Foundation and PNP, a regular personal finance talk is given to PNP officers and personnel. Other groups can also partner with the foundation in bringing about financial literacy and education.
The Best Food for Baby is (Almost) Free
By: Irene Abara
Irene Abara is a devoted wife and stay at home mom to a 3 year old boy. She is an advocate of extended breastfeeding, a believer of homeopathic medicine, prefers organic produce and a few more unconventional things here and there. As such, she doesn’t mind being tagged “uncanny” as she recently realized that she was wired uniquely for a greater purpose. Here’s another article from her. Enjoy reading! If you want to contribute articles, email info@colaycofoundation.com.
We hardly felt the expense of feeding a baby or a toddler that I thought it would be great to share to mothers and families who are looking out to save money (and I mean thousands!) what we did.
It is a challenge to make feeding decisions in this internet savvy era as most parents are drowned by an inevitable overload of information thrown their way. I don’t think our parents had to weigh several options back then – they pretty much relied on media for information, which up to today continue to promote misconceptions such as: some mothers don’t have milk or giving formula will make your child gifted (both are not true at all!). If parents had enough, then babies survived on the most expensive formula their pockets could shell out. And for those who aren’t privileged, the babies end up – well, malnourished or they die, literally!
But the beauty of the global village that we are in now opens minds, despite the confusion it brings. The option to breastfeed has resurfaced and is backed by a tremendous amount of literature explaining why it is nutritionally superior, also correcting misconceptions, and helping moms to overcome problems like low milk supply while breastfeeding. And this is how I decided and succeeded to do extended breastfeeding, which also equated to being the most economical choice. It practically cost us nothing! A news article a few years ago reported that an average Filipino family spends an average of P2K a month for formula. Depending on your financial status or your baby’s sensitivities, some spend P5k and even P10k in the interest of providing “the best”. On an annual computation, this would amount to P24k, P60k, and P120k respectively and could be higher as the price of commercial milk normally rises as the child grows older. And the savings don’t stop there, as formula feeding will require you to buy feeding bottles, nipples, sterilizers and vitamin supplements (breastfed babies don’t need water or supplements from birth to 6 months). All these money could go instead to other important things, such as food, education or even to your savings account.
Supplementing with solids six months onwards, we prepared homemade baby food by pureeing or mashing (if you don’t have a blender) a variety of boiled or steamed vegetables with brown rice porridge. Homemade baby food allows us to make our babies and their food adapt to a typical Asian/Filipino staple which is rice, as opposed to bottled apple sauce. The last time I checked, a bottle of Gerber would cost around P50 which could easily amount to P150/per day or could even be P250/per day if you include the snacks twice daily. At P150 daily, this would total to a whopping P4,200.00 monthly. Tell you what, for a small family of three living on a plant-based diet most of the time, we only spend an average of P3,000.00 monthly on vegetables and fruits. Since babies don’t eat meat yet until they are a little older and when they do, the amount they eat is hardly noticeable, you will not feel any increase in your market expenditures for about a year or so. What accounts for the huge difference in amount? Just think of all the additional costs that are absorbed by the parents when buying commercial baby food products which include packaging, shipping, marketing plus mark ups before it reaches the local grocery store. Think of the impact it also has on our planet with all the packaging and fuel it needs to produce and arrive at our tables. More importantly, fresh food tastes way better and healthier compared to bottled counterparts. This means that building healthy feeding habits also help us save on doctor fees and medicines.
I hope that by sharing my experience, I have convinced many parents out there that providing the best for our babies doesn’t necessarily mean affording expensive commercial formula and food. You can be confident that mother’s free milk and local produce for your babies and toddlers happens to be the best there is too! And let’s not forget that by choosing this path, we are not only doing our kids a favor, we are also being kind to our planet.
Here are some of the websites where parents can get more information:
The initial topic of the INVESTability Seminar Series was The Stock Market. The seminar was given by the Colayco Foundation for Education (CFE), Inc. in partnership with the Philippine Stock Exchange Market Education Department. The speakers were Armand Bengco, Executive Director of CFE, Francisco Colayco gave a short message and Jay Penaflor talked about the Stock Market. The attendees eagerly listened and threw questions until 10:00 in the evening.
The seminar had a good attendance amidst the rain and the Friday traffic. There was even an attendee who traveled as far as Baguio City.
This seminar was also possible thanks to Businessworld, Herword.com, Bulgar and Kapatiran sa Kasaganaan Service & Multi-Purpose Cooperative. Another Investability Seminar Series will be scheduled soon. Please watch out in www.colaycofoundation.com for the final date and topic.
To those who have previously attended any CFE seminar or workshop, we will be extending a 50% discount if you are interested to attend any of the Investability Seminar Series. This is part of our thrust of continuously educating Filipinos on how to properly manage your personal finances.
CFE also gives in-house seminars and workshops. Please do call us at 6373731 or 41 or email info@colaycofoundation.com should you be interested to give seminars and workshops to your employees or clients. We also have modules for early retirees and retirees.
We hope to see you in our next Investability Seminar and also watch out for the next Pisobilities Seminar.
Pisobilities Seminar on May 29
After the very successful run of Pisobilities Seminar last May 23, 2010, we find that there is still a big demand to educate Filipinos on how to properly manage their finances well. We will continuously offer this seminar to the public on a monthly basis.
To those who have already attended the previous seminars and workshops of the Colayco Foundation, we encourage you to invite your family and friends to join our future sessions. We know we have made a difference to your lives. It is high time that you make your own difference in the lives of other people.
The next schedule of Pisobilities seminar is slated on May 29, 2010, Saturday, 2pm til 5pm. To those interested to attend, please call Ms. Rhea Fernandez at 6373731 or 41 or email rhea@colaycofoundation.com.
Debt Counseling for Employees
Colayco Foundation for Education (CFE), Inc. is introducing a new service for a limited offer. We are open to provide debt-counseling services to your executives and employees on a retainer basis. The primary objective is to provide a workable solution to debt-stricken employees. This will be at least a 3-month engagement so that we can assure of monitoring the progress of your employees. To those HR’s interested, please email info@colaycofoundation.com for further details. This program will be a collaboration of your company and CFE. We assure the confidentiality of the identity of your employees as well as their financial situation.
For individuals who are interested to get our services, we hope you have an open mind to consider our recommendations and we request you to donate a small amount to the foundation. Email info@colaycofoundation.com for the next steps. This service will be available to limited individuals only, and on a first-come, first-serve basis. So email us now.
Happy Kids for Less By: Irene Abara
Here is an article by Irene Abara de Leon who has so kindly shared her tips related to her household and her kid in the past. We can learn a lot in creative ways that at the same time help in saving. Enjoy!
I recently attended an exposition for kids with my three year old son in tow and witnessed how numerous creative moms have turned into mom-preneurs today. You don’t have to be a genius to presume that their businesses began as a hobbies (commonly crafts), for their little ones, honed them and turned them into budding businesses. The same venue also played host to various summer programs to keep the kids happy and busy during the coming vacation months.
Later that morning, my son excitedly reached home with two “happy hermit” crabs to be his pets. An enterprising mom painted and decorated their shells so beautifully as pirates, Donald duck, bears, and mice … there was no end to the designs. Not to worry, I made sure to inquire if she only painted the shells and didn’t harm the helpless little creatures in the process.
Closely observing the hermits, I am constantly amazed at how cute they are and what a clever, clever idea it was to paint their shells and give them a face! It led me to brood over thoughts of how any mom or dad out there could be more imaginative (whether innately creative or not), or at least resourceful enough to save money this coming summer vacation instead of spending for programs averaging P500 per session. Many of these program’s activities are doable at home with some research, patience and an open mind. Over the top of my head, I could recall simple but toddler fun proof activities which my son and I enjoyed doing and continue to do when the mood strikes. I planned these activities for him along the philosophy of Dr. William Sears (my favorite author of parenting books) who said, children must spend some time during their day to do free play, arts, music, reading and outdoor play.
Free Play – I allow my son to spend some part of his day to do with whatever he pleases (within reasonable bounds, of course), mostly using toys. And if there is one money-saving tip I’d like to share when it comes to toys -- No, not to shop at Divisoria for cheap toys but to be discriminating in the quality of toys we buy. Nowadays, parents hardly need to make any second thoughts on toys made in China and are often tempted to come home with a pile. Within a few minutes under exploring minds and hands, you also end up with the same pile for the garbage -- toys with broken parts and most likely, a frustrated tearful toddler. And then again, imagine all that money you spent, no matter how meager the amount -- literally thrown away. Buy quality toys over quantity and this will save you money in the long run. They will last long, can be handed down to siblings or relatives and will even be worth some money sold at a garage sale.
Painting – I spent less than P100.00 on one trip to the bookstore to get a set of 6 primary color paints and a few brushes. Apart from painting pictures, together we learned to mix the colors we had at hand to produce secondary colors (red mixed with white make pink, etc.). Combining colors and experimenting with them alone is an educational and fun activity in itself which you can do over and over again for a measly amount.
Arts and Crafts – The internet has a wealth of arts and crafts ideas that are age appropriate and developmentally appropriate. Favor the craft ideas that use recyclable materials and other odds and ends around the house. This will help you three-fold. First to de clutter, teach your kids to care for the environment and to save money on craft supplies. Egg trays make nice caterpillars and milk/juice cartons can be made into trains when connected together.
Music Time – You can download for free several children’s songs from the internet. You’ll be surprised that while some of them are heartwarming and educational, others are silly tunes that will guarantee laughing and unforgettable moments! Just make sure that you are not infringing on any copyrighted material when downloading.
Reading – You don’t have to be creative to read to your child but good books can be pricey and sourcing them is where you could use some patience and resourcefulness. We enjoy reading and there is a long list of great books for kids. I frequent discount bookstores (Books for Less, Book Sale, etc) and am usually able to find popular books as well as Caldecott Honor books at one fifth the cost when purchased at regular bookstores. Fun character workbooks are also available for school age children beginning to read and write. And guess what’s even better? I wait for them to go on sale, often at 50% off and get the books for one tenth the original retail price. Though, some of them may need some dusting and wiping but who cares? That won’t cost you anything.
Outdoor Play – Several indoor play rooms charge between P170 to P350 an hour and are often located inside the malls. Check for nearby parks that allow your kids to experience “real outdoor” fun instead of inevitably turning them into little mall rats. The sun, wind, trees and birds (which they could feed while there) are free gifts of nature which educate the kids as well.
Along the way, you’ll find that by carrying out these activities, not only do our kids grow and make meaningful discoveries, but we parents are also able to reconnect with our creative side. And who knows? A clever idea might just be born like that of the “happy hermits.” Not only are we saving money, we may just learn how to make it too.
Palm Sunday Reflection
This morning, Mrs. Colayco texted me to tune in to Channel 4 in case we were just home. While working on our website, I turned on the television and tuned in to the 14th Palm Sunday Family Recollection. It was a morning of sharing and a celebration of life.
God is truly good. It is just a matter of opening OUR hearts to really feel and accept how much He loves us. The sharing of Fr. Orly Sapuay was really very funny and everyone was really laughing out loud. Tama siya, kaya tumatawa ang lahat dahil lahat ng sinasabi niya ay nararanasan ng bawat isa.
Change must really come from within. If you want to do something about your situation right now, you don’t need to change other people, but change yourself…maybe change your attitude or behavior or change the way you look at things. Then the rest will follow.
He shared that when he was assigned in Christ the King in Quezon City, he usually went there 5:00pm for his 5:30pm mass. And every once in a while the phone would ring. People on the other line would ask the same question “what time is the mass?” One even asked, “what time will the 5:30pm mass start?” Sabi niya, buwisit na buwisit siya na sagutin ang bawat tawag, kasi pare-pareho lang ang tinatanong.
One Sunday afternoon, he prepared his homily and changed how he perceived the callers. He answered the phone is a positive way and approached each call as a form of ministry by being friendly to the caller. He shared, gained more friends and turned each phone call as a tool to spread the word of God.
He is right. Change must really come from us!
As he ended he shared the following:
free you hearts from hatred;
free your minds from worries;
free yourself from criticism, negativism, blaming and complaining; and
live simply so that you can simply live. The problem is not your income, but your expenses. Greed can never be moderated; so don’t be greedy. Give more….give more love, understanding, compassion and care.
The “other sharings” were really eye opening. God really works in mysterious ways. The recollection ended with the blind twins. This recollection is a constant reminder of how much God loves me. I have my eyes to see, my ears to hear, my mouth to speak, my tongue to taste, my nose to breathe air, my hands to touch and my feet to walk. Most of all, I have my brain to think and share my know-how and my heart to LOVE.
Kung tutuusin, wala akong matatawag na kapansanan and I thank God for this blessing. Thank you for my family, for my daughter, for my work, and for my friends. It is my commitment to continue on with our advocacy and continue to change lives of Filipinos with this advocacy.
Joni Jocson – CFE Managing Director
Workshop with Tricycle Drivers Association in Parola
Most invitations to the Colayco Foundation are for in-house seminars and workshops, as well as talks for different organizations and institutions. Last March 26, 2010, we had the opportunity to provide financial literacy to tricycle drivers in Parola, Tondo. Thank you to International Container Terminal Services Inc. (ICTSI) for sponsoring this workshop, which will take part of its Livelihood Program for their community.
ICTSI understood that skills in livelihood can easily be learned and are available but the proper mindset in handling finances and becoming entrepreneurs is necessary for the success of “would be entrepreneurs.”
After the 4-hour workshop, the tricycle drivers are excited to start a saving program that will, in-turn, open up opportunities for them to leverage as a group and to earn more. Other companies with CSR programs for their community are open to inquire about Colayco Foundation’s financial literacy programs. Do get in touch with Ms. Joni Jocson, Managing Director at 6373731 or 41 or email joni@colaycofoundation.com.
CFE Team Preach Priests
Personal finance is a universal concern. May you be an engineer or a priest, money is your concern. Last March 15, 2010 the Colayco Foundation team headed by its Founder and Chairman Francisco J. Colayco, was invited to the annual general assembly of Bahay Pari Credit Cooperative, to teach the priests of the power of cooperativism through personal finance. The priests were enlightened as they discovered that leverage or pooling of funds can help not just their cooperative but also themselves to grow and be financially independent.
For modularized seminar and workshops from the Colayco Foundation, you may e-mail Ms. Joni Jocson.
CFE with GoNegosyo from Baguio to Dagupan
Over 1,000 Students, Coop members and SMEs joined the NeGosem road trip of GoNegosyo in University of Cordilleras, Baguio City and in Dagupan Chamber of Commerce, in Dagupan. This series of seminars started last January and will be running for the coming months. CFE team headed by its Executive Director Armand Q. Bengco is part of the entourage of the NeGosem. Its main trust is to give the personal finance trust of the program.
For more of the activities, talks and workshops of the Colayco Foundation, you may
e-mail Ms. Joni Jocson.
March 9 - Bellevue : The Power of One!
Over 100 Bellevue employees discovered the power of compounding and leverage in making their money grow! Last March 9, 2010, an 8-person Colayco Foundation team conducted multiple “Managing Personal Finances Workshops.” One participant in her advanced years shared with us that she is now considering transferring her savings from her savings account which gives a return of 0.8% to lending investments has the potential return of 7%. She is also considering how Bellevue’s cooperative can venture into income generating enterprises in addition to their loans service. For more information about the Colayco Foundation’s various seminars and workshops email Joni Jocson, CFE Managing Director.
March 8 – Babae Tagumpay Ka ng Bayan
March marks the Women’s Month. In line with this, the GoNegosyo team had their second Babae, Tagumpay Ka ng Bayan, Women Entrepreneur Summit in World Trade Center in Pasay, last March 8, 2010.
Around ten thousand women from various parts of the archipelago attended the whole day event. The highlight of the event was the discussion with Cathy Turvill (Nurture Spa), Cory Quirino (World of Wellness), Vicki Belo (Belo Medical Group), Florisa Mariano (F Salon and Body Spa Co.), Kristin Sy (Ever Bilena), Ana Amigo-Antonio (Chocolate Clothing Company). These women shared their success stories for their businesses. Colayco Foundation Chairman and Founder, Francisco J. Colayco was invited to join the session to share his professional insight and the personal finance back bone in running a business.
The day ended with a high note by a performance from all-girl singing sensation, LaDiva.
March 8 - PNP – CFE MOA Signing
The Philippine National Police (PNP) and the Colayco Foundation for Education (CFE), Inc. signed a Memorandum of Agreement (MOA) on March 8, 2010 at the National Headquarters Building of the PNP, Camp Crame, Quezon City.
The agreement aims to develop a long-term and sustainable financial literacy program specifically designed for PNP personnel, their dependents and PNP retirees; develop investment initiatives and revenue generating activities to fund the programs and activities that will be created; and develop supplementary programs and projects that would support the PNP achieve the goals of the PNP Integrated Transformation Program.
Present during the signing were PDIR Luizo C. Ticman, TDL and Executive Director of PMO who represented PNP Chief PDG Jesus A.
Versoza, PCSupt Renato Heredia, Acting Director, DPCR, PSSupt. Cesar Hawthorne Binag, Chief of Staff, PMO, Mr. Francisco J. Colayco, Chairman CFE, Mr. Armand Bengco, Executive Director CFE and Ms. Joni Jocson, Managing Director CFE. Master of Ceremonies is PSupt. Renell R. Sabaldica.
March 4 – 5 Coca Cola : Living Positively
Another life-changing personal finance workshop conducted for Coca-Cola Philippines retirees and their spouses. The “Managing Change Workshop” was delivered by the Colayco Foundation for Education Inc. in partnership with FIAT Training and Consultancy Corp. last March 4-5, 2010 at the Herald Suites, Makati. The 2-day workshop aimed to impart to retirees how to manage the many changes they will experience in this important life transition. A change in financial lifestyle is essential in a happy and fulfilling retirement! For more information about the Colayco Foundation’s Special Program for Retirees email Joni Jocson (mailto : joni@colaycofoundatio.com), CFE Managing Director.
PISObilities Seminar : This love month, we made relationships RICHER!
This year, February 20, 2010, Saturday was the 2nd run of PISObilities Seminar and KSK Orientation. The seminar was held at 7th Floor Social Hall of Citystate Centre Condominium, Shaw Boulevard, Pasig City. It was conducted by the Executive Director of Colayco Foundation for Education, Inc and the General Manager of Kapatiran sa Kasaganaan Service and Multi-purpose Cooperative (KSK-SMP Coop), Mr. Armand Q. Bengco. He was assisted by Sonia Reyes, the over-all in charge of the seminar; Rhea Fernandez, and Ruth Perez, for the registration; Joni Jocson, Amy Ordas, & Erik Ramirez, for book selling; Calon Baltazar, for hosting the event; and Ronnie dela Cruz & Joel Cala, for technical logistics.
The seminar started at exactly 9:00 am with a prayer followed by the national anthem. Next was the introduction of Armand Bengco, the main speaker of the seminar. First part of the program was about personal finance, a mind set on how the audiences will handle their finances thru planning, saving, spending and investing. The second part of the program was the orientation of for the KSK cooperative. He discussed what KSK cooperative is about, its rules and regulations and different types of cooperative members. What really got the attention of the audience was the on-going project of the cooperative, the franchising of Chowking Restaurant located in Mango Ave. Cebu.
The attendees were very attentive and cooperative during the seminar. They asked questions to further their knowledge on managing their personal finances and the cooperative. . They even told us that they will encourage their families and friends to attend the next seminar on March 20. In conclusion, the seminar was a complete success!
CFE and BusinessWorld Partnership
The partnership of Colayco Foundation for Education and BusinessWorld begins with a first article at the end of March.
CFE Chairman and founder, Francisco J. Colayco and BusinessWorld President Anthony Cuaycong signed the agreement containing the newest writing engagement of FJC. He is to write a special once a month editorial in BusinessWorld's Entreprenews Section. The articles will run through the principles of personal finance focusing mainly on wise investing. The special editorial column will be titled "Purpose Driven Investing."
Mr. Colayco is also a regular contributor to Bulgar, Illustrado Magazine, Goodhousekeeping, Goodnews Pilipinas, GMA NewsTV Blog and PTS Magazine.
As part of the agreement, our President, Mrs. Mary Anne B. Colayco a.k.a. Mabsi, will also be sharing her experience in personal finance with the Female readers of BusinessWorld. Watch for it at Herword.com
CFE Executive Director on Kuwentong Disyerto
It was CFE Executive Director and KSK General Manager Armand Q. Bengco’s turn on Kuwentong Disyerto this week.
Mr. Bengco discussed the advantage of pooling through KSK Cooperative and the profile of the investment cooperative. As an expanding cooperative, he is inviting everyone to join by simply visiting the website, www.kskcoop.com.
Kuwentong Disyerto airs every Friday on TFC Middle East from 9:00 AM – 10 : 00 AM, the show is hosted by Mickey Ferriols and TJ Monotoc.
It airs locally in ANC every Sunday, 3:00AM Philippine time.
January 22, 2010 - AstraZeneca Retiree
Twenty five AstraZeneca former employees gathered in Net 3 Center in Taguig to attend the Managing Your Personal Finance for Retirees. CFE Executive Director, Armand Q. Bengco gave them the edutainment approach in teaching the retirees the concepts and exploring their endless financial possibilities. Mr. Bengco and the CFE team, facilitated their net worth planning to see how much they need to maintain their chosen lifestyle.
AstraZenica Chief Financial Officer, Federica Conci joined the session and stressed that personal finance is very much important to an employee.
January 19, 2010 - Unilab Retiree
It is never too late to grow your money!
Retirement is not just on age, it is a state of being... Sixty retired UNILAB employees learned that it is never too late to LEARN TO MANAGE AND grow your money. With the proper information and the right mindset, growing money is within reach.
CFE Executive Director, Armand Q. Bengco lead the edutainment session as participants learned to adjust their sails financially.
CFE Founder, Francisco J. Colayco ended the session with a brief discussion on leverage and the vast options of growing money safely.
January 15, 2010 - PSEI Seen Searching 3, 800 in second half
The Philippine Stock Exchange index (PSEi) is expected to reach the 3,800 level in the second half due to a resurgent US economy and as more companies go public, First Metro Investment Corp. said on Monday.
“Any initial public offering (IPO) would be welcome in the first half. But we are expecting IPOs [to take place] in the second half of the year as many companies are still waiting for the elections [to finish]," Eduardo R. Banaag, Jr., FMIC vice-president for investment advisory, told a press briefing.
Companies held back from listing stocks for the first time last year due to lingering market uncertainties, which resulted in relatively low share prices.
According the Metrobank Group’s investment banking arm, the Philippine Stock Exchange index would likely rise by a tenth to 3,360 in the first half, as a result of low interest rates and as US stocks recover.
Banaag said the US economy would continue to recover, boosted by the Obama administration's stimulus spending. And as it recovers and the profits of listed companies rebound, the Standard and Poor’s 500 index could rise to 1,225, he added.
US stocks managed to end the first trading week in positive territory, with the Dow industrials and S&P 500 at 15-month highs and the NASDAQ composite at a 16-month high.
The PSEi closed at 3,087.35 yesterday. It ended 2009 at 3,052.68, rising by almost two-thirds from a year earlier
“The influence of the US stock market on the Philippine stock market will persist," Banaag said.
He noted that in the past, the rise and fall of the US stock market had accounted for as much as three-quarters of the rise and fall of local share prices.
He said he does not expect a major policy decision taking place in the first half that would alter the low interest rate environment in the US.
For his part, FMIC President Francisco C. Sebastian said more companies would get listed as soon as the the law giving incentives to real estate investment trusts gets enforced. Its implementing rules are still pending.
Corporate issuances, on the other hand, are expected to slow down this year, siad Carmelo L. Bautista, FMIC executive director.
“We foresee a a slowdown in the corporate issuances by the second quarter because of the wait-and-see posture due to the elections in May," he said.
Meanwhile, the law that encourages individuals to invest for their retirement would likely boost local capital markets, Sebastian said.
Under the enacted in August 2008, individuals can set aside as much as P100,000 a year in a personal retirement account, and the funds will be invested in a wide range of instruments. — BusinessWorld
January 13, 2010 - Economic Research Society of PUP Seminar
Time is one of the allies in making your money grow.
The three hundred Economics students of Polytechnic University of the Philippines were taught of the importance of starting their wealth building as young as they can.
CFE Executive Director Armand Q. Bengco showed them that if they can save part of their own allowance, they can begin their journey to financial independence. The students were amused as they saw the original CFE video on how delaying gratification can earn them Php 1.4 M in for years!
As an ending, Project Manager for Seminar Mary Grace De La Cruz, provided the financial literacy game and gave away cash prizes for the Economics Students.
January 7, 2010 - CFE on Bates
Twenty two advertising professionals from Bates 141 Philis. listened to “Managing your Personal Finance” talk of CFE Exec. Dir. Armand Q. Bengco. Mr. Bengco discussed proper saving, wise investing and the importance of planning in growing their to financial freedom.
As one of the of the activities of the talk, the participants took the financial fitness exam to gauge their financial well being. Surprisingly, a good 75% of the participants are financially unfit. But their worries were taken away from the concepts of the seminar. Bates CEO Pete Sandor was there to thank CFE team for facilitating the seminar.
For modularized programs for your companies you can email grace@colaycofoundation.com or call her at 6373741.
January 7, 2010 - FJC is on FULLTIME MOMS –Rags to Riches Stories
As a famous soda commercial says, “It is possible!”
Three famous celebrity, Joel Cruz(Aficionado Perfume), Anton Diva(Singer Comedienne) and Elvie Pineda(Elvie’s Skin Clinic) joined Francisco J. Colayco(FJC) in sharing their experiences on making their way to success in QTV 11’s new show Fulltime Moms. Hosts Suzie Entrata and Christine Jacob- Sandejas shared laughs with their guests as these people tattle the difference of living without wealth and living their dreams. FJC provided much more specific information on making your wealth through proper information on personal finance.
January 6, 2010 - Your Php 33 a day is 94.7M in 40 years!
In everything we do, it should always start with a written plan.
Francisco J. Colayco, Chairman of the Colayco Foundation for Education(CFE) was invited by television’s prime morning magazine show, Unang Hirit, to share the audience, tips of planning their financial journey for 2010.
CFE Exec. Dir. supported the taped interview with facts about making money grow, in the live interview with Unang Hirit’s host Lyn Ching. Ching was mesmerized as she discovers that her 33 pesos a day could really earn her a potential of 97.4M in 40 years.
To know more of your PISObilities, call Grace at 6373741 or 6373731.
January 2 - CFE Starts the Year in DZMM
Colayco Foundation for Education’s Executive Director was invited in DZMM’s Konsumer, Atbp(KATBP) to raise the public’s awareness on financial literacy as he gave some tips on effective personal finance managements, among others.
KATBP airs every Saturday from 10:00 to 11:30 in the morning with DZMM’s Alvin Elchico and Undersecretary for Consumer Welfare ZENAIDA CUISON MAGLAYAas anchors.
FJC Keynote Speaker on PhilExport 4th General Membership Meeting
Small acts, great faith : Moving on to 2010. Two hundred twenty members of the Philippine Exporters Confederation, Inc. (PHILEXPORT) gathered for their annual general meeting. Francisco J. Colayco,(FJC) was invited to give a keynote message for the assembly along with another author, Alex Lacson. The members were enlightened as FJC sets their minds to the opportunities of making a small amount grow in millions through proper information and the right attitude.
December 6 - CFE pilots in Tinig ng Marino @ DWIZ 882
Financial Independence is a journey. Just like any seafarers, we are on-board in our journey to financial independence.
CFE is the new addition to Engr. Nelson Ramirez’s radio program, TInig ng Marino. The program caters to seafarers both here and abroad. CFE was invited to do PISObilities ng Marino , a short segment to discuss the common problems of seafarers and the general public financial management issues. The segment seeks to open minds of listeners to the possibilities of being financially independent and WEALTHY. You can catch Tinig ng Marino every Sunday, 11AM – 12NN on DWIZ 882.
December 5 - OWWA Baguio Partners with CFE
and Western Union for OFW Family Day
Over two hundred OFWs and their families joined the Family Day in SM Baguio last December 5. CFE was invited by OWWA Baguio to conduct a Financial Literacy show for the audience. The whole audience shared laughs with CFE Executive Director, Armand Q, Bengco as he delivers an edutainment approach of the subject matter. The whole day event was organized by OWWA Baguio and the local government of Baguio.
December 3 - 4 - Three(3) Out of Six (6)
The Citi-Financial Education Summit is a one of a kind annual gathering of financial education advocates and institutions from all over the world. Traditionally held in the Asian region, the Colayco Foundation for Education has been invited to present its financial education efforts in three out of the six runs of the Summit. The first was in Kuala Lumpur, Malaysia in 2005 where CFE presented the overwhelming success of the Pera Palaguin books authored by Mr. Francisco J. Colayco. The second was in New Delhi, India where CFE presented its novel edutainment approach (a portmanteau of education and entertainment) in teaching financial education. The Citi-FT FinEd Summit, now on its 6th year has again invited CFE, this time to present its One Wealthy Nation program, particularly the SMS Platform it runs on.
This years Summit held last December 3-4 in Singapore, themed-Securing the Future: Creating a Financially Sustainable Society was attended by CFE Chairman Francisco J. Colayco and OWN Program Manager Guita T. Gopalan. On the summit’s second day, Mr. Colayco presented the One Wealthy Nation Program and the SMS Platform as part of the panel discussion on Leveraging Technology to Maximise Financial Education Impact. Many of the participants gave great feedback and encouragement on the project. They were particularly interested in OWN’s upcoming investment program wherein individuals could invest in pooled funds with very small amounts of money.
December 1 - Protect Yourself with KalingaCo
In personal finance, protecting yourself and your finances are an integral part of our journey to be wealthy. Sadly, many Filipinos do not understand nor have access to good insurance products.
In partnership with the Cebuana Lhuillier Insurance Solutions (CLIS), the One Wealthy Nation community is now offering KalingaCo-Insuratxt. This is a micro-insurance one can avail with a Php30,000 coverage for accidental death and dismemberment and fire for a 3 month period for only Php 30*. One can purchase up to five units of KalingaCo per person.
CLIS has insured over 8 million Filipinos and settled over Php10 million claims. CLIS has also been awarded as the Best Micro-Insurance Agency for the past 2 years. The success of its micro-insurance products as well as CLIS commitment to offer peace of mind and foster happiness made CLIS the prime partner for KalingaCo. After months of product and technical development, the tri-partite agreement between CLIS, CFE (OWN Program) and IPAY (OWN’s technical developers) was signed last Dec. 1, 2009 at the Boardroom of the PJL Corporate Center.
In attendance from I-Payment Solutions, OWN’s technical partner: Ethel C. Aquino, VP for Marketing & Business Development, Maner T. Puyawan, President; From Cebuana Lhuillier Insurance Solutions: Ambassador Jean Henri D. Lhuillier, President, Leo K. Escaño, VP for Operations, Jonathan D. Batangan, General Manager; and from Colayco Foundation for Education: Francisco J. Colayco, Chairman, Armand Q. Bengco, Executive Director, Guita T. Gopalan, OWN Program Manager
Discussions are underway for developing other affordable insurance products including an insurance bundle for OFW and family members belonging to the OWN Community.
*Only OWN Members may avail of KalingaCo. Become and OWN Member free! Register atwww.onewealthynation.com
December 1 - Cash Out Funds from Your OWN Account
at Cebuana Lhuillier – Coming Soon
Very soon, OWN Cards will be accepted for cash out at the over 1,900 Cebuana Lhuillier branches nationwide. Last Dec. 1 2009, Cebuana Lhuillier Pawnshop and I-Payment Solutions (OWN’s technical partner) signed an agreement allowing cash out of funds from the OWN Card.
In attendance from I-Payment Solutions, OWN’s technical partner: Ethel C. Aquino, VP for Business Development, Maner T. Puyawan, President; From Cebuana Lhuillier Insurance Solutions: Ambassador Jean Henri D. Lhuillier, President,
The Cebuana Lhuillier Group is a prime partner of the Colayco Foundation under its One Wealthy Nation Program. In particular Cebuana Lhuillier Insurance Solutions is offering KalingaCo a Php30 micro-insurance product with 3 month coverage worth Php30,000 for accidental death and dismemberment as well as fire.
This development is part of OWN’s continuous efforts at building its partnership to provide OWN Members more products and facilities to use their OWN Accounts. To join OWN head to www.onewealthynation.com
November 27 –
CFE Workshop with Resins
The second workshop session was conducted on November 27, 2009 to the employees of Resins, Inc.
November 23 and 26 –
CFE in Purefoods Marikina
We will never know when emergency will hit. It is always best to prepare and save up for the worst.
Purefoods invited the Colayco Foundation team to conduct two workshop sessions for their retirees. The former production employees realized that there are still many options consider in rising above the crises brought about by Ondoy. The 100 employees were taught to adjust their spending habits and to calculate their assets and liabilities. After the workshops, the employees were all smiles as they left with their financial goal defined.
November 25 –
CFE last session with Rizal High
CFE team returns to Rizal High this time for their Science teachers for the Debt Alleviation Program of Rotary Club of Pasig and the Colayco Foundation for Education. 27 teachers listened to Rotary President Francisco J. Colayco as he discussed the many PISObilities on growing one's wealth. CFE Media Affairs officer, Calon E. Baltazar, facilitated the net worth planning for the Science teachers towards the end of the program.
November 24 –
CFE in Franke Food
Get out of debt! This is one of the baby steps in starting your journey to financial independence.
Employees of Franke Food in Laguna were amused by CFE Executive Director Armand Q. Bengco's edutainment approach in delivering Personal Finance 101. The attendees were given pointers on how to start their journey to financial independence. Most of the employees are disorganized in their personal finances. The HR department was very thankful to Colayco Foundation in opening up the minds of their employees on the different possibilities of starting their journey towards financial independence.
November 20 –
CFE Workshop with UNILAB Retirees
Colayco Foundation conducted a workshop to UNILAB retirees on November 20, 2009.
November 19 and 20 –
CFE late night at Trend Micro
CFE conducted four seminar sessions with Trend Micro in 2 evenings. The initial session was held on November 19 at 6 pm. The second session was at 9pm on the same evening. Two other sessions were conducted on November 20. The young employees of this BPO realized the importance of planning, saving, spending wisely and investing.
November 14 –
CFE's 5th Public Workshop
Colayco Foundation conducted a public seminar/workshop on November 14 at the Lancaster Hotel in Mandaluyong City.
November 13 –
Resins Workshop
Colayco Foundation conducted a workshop to the employees of Resins Inc. and their families on November 13, 2009.
November 13 –
CFE Workshop in Servier
Colayco Foundation conducted a workshop to the employees of Servier on November 13, 2009.
November 1 - 2 –
Health is Wealth! KDI Spirulina Launch in Hong Kong
Our OFWs know how valuable health is...Almost a hundred Hong Kong based OFWs gathered at the Mariners Club in Kowloon, HK for the KDI Spirulina Launch. Spirulina is known as a 'super food'. According to Dr. Vic who presented spirulina at the launch, spirulina is packed with over 30 essential vitamins and minerals needed by the human body. KDI process spirulina into various products such as tablets, coffee, soap, hair color, etc.
KDI is also a great financial opportunity for Filipinos. As Francisco J. Colayco, the guest speaker at the launch and CFE Chairman, shared: There are many opportunities around us, we just have to learn to recognize and engage them. KsK Coop's engagement with KDI is an example of this. KsK Coop is the Hong Kong Country Stockist of KDI this means that every KDI Spirulina product sold by independent resellers in HK was bought from KsK Coop thus KsK generates revenue from each sale. Truly with KDI Spirulina, health IS wealth!
October 29 –Excellent & Enlightening
"[The talk] was excellent and very enlightening," says Raquel D. Castro, Country Microfinance Manager of Plan Philippines. Ms. Raquel and 30 other participants from Plan Philippines attended the "Personal Finance Management" talk given by CFE Executive Director Armand Q. Bengco at the Crown Regency Hotel, Makati. At the end of the talk, mindsets were changed. Participants were empowered to set clearer financial goals and encouraged to hit the ground running in their journey to financial independence.
The Colayco Foundation regularly conducts public seminars for individual clients. The next one is entitled Wealth Within Your Reach on November 14 in the afternoon at Mandaluyong City.
October 28 –Rizal High workshop TLE Dep't
Last October 28, faculty of the Social Studies department of Rizal High School took advantage of the Pisobilities Personal Finance Workshop conducted by Colayco Foundation in partnership with the Rotary Club of Pasig under its Debt Alleviation Program. By the end of the session, teachers had calculated their personal net worth and determined their target savings amount. Surprised by how affordable saving for the future is, many showed interest on how to better optimize their savings.
October 26 –Financial Literacy by Colayco goes ASEAN
The ASEAN Handicraft Promotion and Development Association (AHPADA) invited CFE Executive Director Armand Q. Bengco to speak about personal finance as a means to improve the lives of artisans and crafts people, at its bi-annual summit held at the Philippine Trade and Training Center last October 26. More than 80 representatives from the ASEAN Region expressed appreciation on the principles shared on how to better manage their hard earned money and gained knowledge of tools to optimize their earnings given their unique industry profile.
The Colayco Foundation customizes its modularized Personal Finance programs to suit your profile and requirements, for more information email Ms. Grace de la Cruz.
October 21- 22 –CFE & OWN at the 3rd HR Philippines Convention SMX
A financially healthy employee is a productive employee.
Over 1,000 HR practitioners, job seekers and other guests headed to SMX Convention Center to attend the 3rd HR Philippines National Convention. As exhibitors, CFE & OWN promoted the CFE & OWN Personal Finance and Investment Program for Employees. This is a special learning and fulfillment package geared at teaching employees finance skills to help them grow out of debt, budget properly, begin saving and eventually get into investments. Over 500 booth visitors signed up to avail of the free Savings and Investment Orientation to be scheduled for their employees at a later date.
Interested in this Program for your company?Inquire here.
October 20 –CFE at Rizal High School
Teachers from the MAPE Department of the Rizal High School calculated their networth as part of the workshop conducted by the CFE team. Rotary Club of Pasig, and CFE founder, Franciso J. Colayco graced the workshop.
The dynamics between pro-active participants and CFE Executive Director, Armand Q. Bengco made the experience very enjoyable.
This Is CFE's sixth session on Rizal High. The workshop is part of the Debt alleviation Program of the Rotary Club of Pasig and CFE.
October 20–UNILAB Program for Retired Employees
Last Retirement is not just on age, it is a state of being...
Sixty retired UNILAB employees learned that it is never too late to LEARN TO MANAGE AND grow your money. With the proper information and the right mindset, growing money is within reach.
CFE Executive Director, Armand Q. Bengco lead the edutainment session as participants learned to adjust their sails financially.
CFE Founder, Francisco J. Colayco ended the session with a brief discussion on leverage and the vast options of growing money safely.
October 18 - 19 –OWN in Hong Kong!
Last October 18-19, CFE Executive Director, Armand Q. Bengco and OWN Program Manager, Guita T. Gopalan visited the KSK-SMP Cooperative Office in Hong Kong. KSK-SMP Cooperative is a strategic partner of OWN and the duo were there to introduce OWN to the KSK-SMP Members there. The first day, Saturday, was dedicated to system testing to make sure things were working perfectly OWN HK Operations used a HK Mobile number so that it would be more cost-effective to HK-based OWN Members. That evening on Metro Radio hosted by Tita Kerry, Armand and Guita invited HK-based Filipinos to visit the KSK Office to discover and join One Wealthy Nation. Over 100 new OWN Members based in HK were enrolled after almost 8 hours of continuous OWN Orientations were conducted. Truly, OWN serves our OFWs needs they will be able to better manage and grow their money. OWN in HK is poised to enroll 1000 new members before the end of the month. With HKs 120,000 OFW population, that number is definitely going to go up in the coming months.
October 7 –OWN Growing More Day by Day!
Last October 7, the One Wealthy Nation Team presented OWN to interested members of the Rural Bank Association of the Philippines at the Hyatt Hotel in Manila. In partnership with the rural banks, OWN hopes to give OWN Members more options for loading and cashout, as well as other savings and investment products in its OWN Membership Mall as supplied by the rural banks. Watch out for further developments!
September 26 –Astra Marine
Having multiple activities in one day is not a problem for the CFE Team. Last Saturday as CFE Founder Francisco J. Colayco gave a talk in Bacoor, CFE Executive Director Armand Q. Bengco was in City Garden Suites, getting seafarers and their family members excited about their finances. Over ninety participants learned the four basic principles of financial literacy: wise spending, regular saving, sound planning and proper investing. At the end of the workshop, atendees had a good idea of their minimum financial targets for when they retire.
September 26 –Pisobilities ng Bacoor Tungo Sa Kasaganaan
Rain or shine, money matters! As Ondoy was rearing its ugly head, the CFE Team was at Bacoor delivering a special financial literacy program for OFW families in Bacoor, Cavite entitled Pisobilities Tungo sa Kasaganaan. Bacoor Mayor Strike Revilla and Vice Mayor Rosette Fernando graced the event, sharing wonderful welcome remarks to the hundreds of atendees. For the main program, CFE Founder Francisco J. Colayco was joined by Ms. Lani Mercado in imparting financial literacy to the resident-participants of Bacoor. After the three-hour program, participants were given Financial Literacy Primers for free through a grant by the Western Union Foundation, so that they may continue their financial education.
The Western Union and Colayco Foundation for Education Pisobilities for OFW Families program held in Bacoor was made possible with the support of the Society of Concerned Women of Bacoor, Mayor Strike Revilla, Great Taste Coffee and Gardenia.
September 25 –Estudyantipid Season 2
Season Two of Estudyantipid, the financial literacy show of the Knowledge Channel, will be back on the tube soon. Through Estudyantipid, high school students learn about essential financial concepts delivered with fun teleserye flair. The second season kicks of with an episode in the slipper capital of the Philippines, Liliw, Laguna.
Estudyantipid is a joint project of the CitiFoundation, the Knowledge Channel Foundation, the Department of Education and the Colayco Foundation for Education.
September 24 –CFE : Fifth Time Charmer
The CFE Team visits Rizal High School in Pasig to impart financial literacy to the teachers of the Technical and Livelihood Education Department. Fifty-seven teachers discovered their minimum financial targets in preparation for their retirement. The CFE Team was also invited to join in a modest salu-salo prepared by the Department's birthday celebrants.
The Financial Literacy Program for the Faculty and Staff of Rizal High School, Pasig is a collaborative effort of The Rotary Club of Pasig and The Colayco Foundation for Education.
September 12 – INVESTMENTS 101
Twenty two participants lunged the mild rains as they attend the INVESTMENTS 101 seminar given by CFE Executive Director, Armand Q, Bengco.
Mr. Bengco discussed the principles of Leverage and Compounding amongst the topics under investments 101.
The twenty two participants went home with a personal financial plan and goal as they were taught of calculating their personal networth, as the highlight of the three-hour lecture workshop.
September 11 – CFE-Western Union in Far Eastern University
Far Eastern University(FEU) students gather in the Institute of Nursing function room as Executive Director Armand Q. Bengco shares principles of financial literacy.
The affair was made possible through the help of Western Union Foundation and the Guidance Office of FEU.
Students benefitted from the edutainment approach of Mr. Bengco as they took down notes about proper planning and savings, wise spending and investing.
The seminar is part of the series Pisobilities Para sa mga Pamilya ng Bagong Bayaning Filipino(OFWs).
September 5 – OWN Soft Launch
Hundreds of OWN cards were given free in Mall of Asia, South Pavilion, as One Wealthy Nation(OWN) held its soft launch, last September 5, 2009.
The OWN cards can be used in transactions such as money transfer, cellphone load sharing, paying utility bills and debits.
The soft launch was part of the Money Matters for Women free seminar that is going around SM Supermalls.
OWN is the Colayco Foundation's community of savers and investors.
August 27 –MANAGING PERSONAL FINANCE AT POEA
FJC gives employees of Philippine Overseas Employment Administration(POEA) a lecture on personal finance management, last August 27, 2009.
POEA employees were thrilled as they listen to founder of CFE Franciso j. Colayco, who discussed 80/20 rule of savings amongst the list of topics that was discussed in the talk.
August 26 –FJC talks to St. Andrew's Parishioners
CFE founder Francisco J. Colayco(FJC), was invited to give a financial management seminar to over 150 parishioners of St. Andrews Parish in Makati, August 26, 2009.
The seminar focused on proper mind setting on handling personal finance and mapping your financial goals. Attendees listened closely to the hour long talk. FJC stayed and had a meaty helpful discussion as questions flooded towards the end of the seminar.
August 25 –CFE Talk at San Miguel Rengo
CFE Executive Director, Armand Q. Bengco gave a talk to 100 retirees of San Miguel Rengo Packaging Corporation at Sucat, August 25, 2009
The audience enjoyed an hour edutainment talk that focused on the ways of handling their lump some money and putting it in proper instruments.
CFE conducts in house seminars from time to time. For more inquiries about our seminars you can call Ms. Grace dela Cruz at 6373731|41 or email her at grace@colaycofoundation.com.
August 20 – FJC guests in RS(Republic Service)
Francisco J. Colayco was invited as resource person for financial literacy for the NBN Civil Service Commission show, Republic Service(RS). The show is hosted by Civil Service Commission Chair Ricardo Saludo and National Youth Commission Commisioner Princess Abante.
RS talks about social concerns and addresses public issues. In the episode FJC was there, they discussed the fiscal crisis, how Juan Dela Cruz can cope with the situation and what are the ways to avoid financial burden.
RS airs every Thursday night @ 10PM in NBN channel 4.RS airs every Thursday night @ 10PM in NBN channel 4.
August 14 – GABAY SA MAGANDANG BUKAS
CFE team heads to Ynares Sports Arena in Pasig to conduct PISObilities seminar for the the support program for former employees of Triumph International Phils. Over 600 people joined and participated in the personal finance management talk headed by CFE chairman Francisco J. Colayco.
Aside from Wealth Within Your Reach books that were given, the retrenched employees will receive sewing machine and cash benefits from Triumph International Philippines.
August 12 – CFE Teaches Teachers
Last August 11, 2009 the Colayco Foundation for Education in partnership with the Rotary Club of Pasig held the first of a series of Pisobilities Workshops for the teachers of Rizal Public High School–Pasig. The goal of the workshop series is to introduce the basics of personal finance management and help teachers identify their own financial targets. The series will run until mid–October.
August 7 – CFE Goes to Subic
The CFE team braved the heavy rains last week to give a talk for the Philippine College of Chest Physicians(PCCP) in Subic. It was PCCP’s 13th Midyear Convention.
August 3 – Pisobilities Handbook for OFWs Resumes in POEA
August 3, 2009. The Pisobilities Handbook for OFWs is now on its 3rd phase of distribution. This free Filipino-English version was written by reknowned author and CFE founder Mr. Francisco J. Colayco. The handbook will be given for free to 20,000 departing OFW's in POEA, OPAP and KAMPI distribution outlets.
