Hi Everyone,

I am starting out a movement that will create awareness for Cebuanos like you and me regarding the importance of saving!

Here is the deal I don't have enough deal of money in my bank mga 500php ra intawn to. But today, I want to start big and eventually reached my goal of saving atleast 1,000php per month.

Why am I doing this? I want to share what I have learned in life about money, savings and investments. I am not very knowledgeable about this but seeing it first hand experience from my parents na wala'y mga grado, not even highschool grad ako mama, my father highschool grad ra.. they reached something that people perceived very impossible to reach.

If nakaya sako mga parents, how much more kita db?

Here's what you should do as a member:

1. Open a savings account from bank of your choice, na-ay may uban na pwede naka ka open og 500php initial deposit. if nana kay account then at the end of the month nana mo sweldo sudle og at least 1,000php ang mo account. Choose a reliable bank... kana dili tawn mg bank holiday kay ma ty nya mo deposit.

2. Commit to deposit atleast 1,000php of out from your salary monthly or 500php from your allowance if student pa ka.

3. Attend a monthly conference (through ym) to discuss matters that will involve money and to increase your income as well as savings.

4. Attend a quarterly meeting to be held in a certain place or function room, and have distinguished speakers to increase our knowledge especially in dealing with our finances and ofcourse naa sad certificate of participation to go with it, this is so to meet with our fellow cebuano savers and help each other to increase awareness for this movement.

Benefits:

1. getting knowledge first hand from people who know the real deal about savings, ordinary people like you and me...

2. get to know a lot of individuals and build friendships with.

Here is something I have learned:

if your age now is 25 years old and start ka save 1,000php a month:

1 year: 12,000php total
in 20 years: 240,00php

money doubles itself in 7 years (due to the compound interest) as i have seen in one American Show (oprah)

so imagine 240,000php in 20 years from your monthly deposit sa of 1,000php a month la pa labot ang interest ana. So mo daku jud ne eventually.

if you want to increase your savings monthly, i suggest open mo lain account in another bank kay up to 250,000php ra baya ang insured sa mo deposit to be on the safer side lang ba.

to be a member:

just send a text message to 0905-364-7889 with your username in istorya (if member mo), plus your real name, ym and email address.

you will receive a text message as confirmation for your membership.

that's it.

let's motivate each other...

start saving now!