WARREN BUFFET: Words of Wisdom from Mr. WARREN BUFFET

I want to be like him..

Do you know him? Well, Warren Buffet used to be the richest man in the world until he donated part of his earnings to charity. 

We learned a lot in school, unfortunately, we were not taught how on how to manage our funds once we started working. So we end up spending all of our hard earned money and eventually realize that we have wasted the time and money we spent.

1. Never depend on a single income

We should always grab the opportunities that are given to us. Accumulate as much as you can, as soon as you can then invest it. This would certainly become our of our big assets once we grow old and you will definitely look back and tell yourself, "I did a good job."

2. Do not live beyond your means

Yes, it is boosts our confidence especially when everyone appreciate us. We are happy when we have the latest gadgets. We are happy when we get to go to places where our friends did not see yet. We are happy until the time we realize that we are in need of money for our kid's tuition or our parent's hospitalization. Most of us were not born with a golden spoon in our mouth but our children may become one of them.

3. Do not save what is left

Well, you can cheat on this rule at times. There are emergency cases wherein we have to spend a lot and we could only save a small part of our salary. As much as possible, stick to how much money you are planning to save each month,

4. Never test the depth of a river with both feet

This is true and avoid it unless you know how to swim. Always see to it that you know something about the investment tool that you are going to use. By the way, we have different risk appetites and some people are able to endure losing more money than others can.

5. Do not put all eggs in one basket

Why? So if one basket basket happens to fall down, you will not break all your eggs. Try do diversify the investments that you will make. There are several types of investments other than stocks and mutual funds.

6. Honesty is a very expensive gift

This is the reason why you have to study and put effort when entering into investments. You have to trust yourself and stick to your plan. Beware of those self-proclaimed mentors or groups because chances are they are holding the stocks that they will be advising you to buy. Caveat!

NURSES - Excellent Nurses

Nurses, Look Down..

Who among you are familiar with this kind of hospital settings? Well, guess what? Most of us nurses! Eight to ten years ago, while I was in college, I was able to venture to different hospitals like Jose Reyes, QMMC, Ospital ng Manyila, Pasig Gen. Hosp, V.Luna Hosp. and a lot more. I have seen this situation a lot of times and it really saddened me.


I remember when I was a trainee Nurse in JRRMMC, there was this patient who can't even buy a single tablet for aspirin for his chest pain. A single tablet which costs around one or two pesos. Piso..


After that incident I started thinking, "Will I be in the same situation wherein I cannot buy a single tablet of Aspirin?" There is a possibility but I decided not to be in such situation. I am just an average student, no honor but never failed a single subject. I studied well, landed in a job. Unfortunately, because I was just a beginner, I do not have the idea on how to save my money. I was only earning 6k to 7k a month that I even needed to ask my parents for additional allowance.


Eventually, at age 23, my girlfriend got pregnant. It was a life-changing situation that really hit my head and made me think thrice before spending my money. I was scared that my girlfriend end up like the patient who cannot afford good hospital services. Good thing that we were saving most of our salaries & allowances so she was able to deliver in a good hospital facility and she delivered our first child safely.

So, do we have to save? Share your ideas and opinions. Let's learn and grow together.

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INVESTING - NURSES DREAM

Greetings Wise Nurses!


How's your day? Were you shouted at by your patients, doctors or even senior nurses? Do not worry because we were all been shouted at.




By the way, I started this article to try and encourage you to do something that you WILL definitely be thankful of in the future. What is it? INVESTING. Yes, you read it right. It is INVESTING. I started INVESTING about six months ago and I did reap some fruits of my hard earned money.


Where do we invest our money? It depends on your risk appetite. It can be invested in Bank accounts, Mutual Funds, Stocks and UITFs. I primarily invest in stocks and has ample of savings in 2 different banks. My money grew faster in the Stock market and that is why I prefer investing in it.


We are nurses, will we be succesful in this kind of field? Well, yes. We might be nurses but it does not limit us to Learn and Grow. We just have to dedicate a part of our time in reading about investments.


Why do we need to invest? As an OFW, I have seen a lot of OFWs(especially nurses) who do not know how to invest. Most of us think that it is enough to just earn and spend money. WE WERE WRONG. And that is why some of us grow old with nothing under our sleeves. Our sacrifices as OFWs are wasted and again the cycle remains the same. We again send our children to school and eventually send them abroad to work as OFWs.

So guys, do you want to repeat the cycle again? Would you be kind enough and study about saving and investing for your future children? Let's talk about it. Share your ideas.

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