Ads by Nuffnang

Saturday, May 18, 2013

Planning to Invest

Today's trip to the mall led me to buy these from Fully Booked:

I was originally planning to buy just Eats, Shoots & Leaves, but after getting it from the shelf, I browsed through the other shelves and Kiyosaki's Rich Dad's Guide to Investing caught my eye. I'm familiar with Rich Dad, Poor Dad's success even if I've never read it, and a lot of people say it's a good book to guide you in money matters. I should probably read it, too. Haha. Anyway, Rich Dad's Guide to Investing caught my eye because I've been wanting to have a source of passive income, and investing is one way to do it. Sure, I have savings and I can say I'm saving pretty well, but I know it's not enough to just have savings. Money that's just kept in a bank won't last. 

I don't know a thing about investing. The word alone makes me picture graphs, charts, percentage signs, money, numbers, and everything Math-related in my head, and the universe knows how much I hate Math and how much Math hates me! When I hear people say how it works, I can't understand it, but I know I need to understand it because I need to invest. I'm turning 25 this year, and my dad always tells me that it's best to invest while one is young because once one starts a family, priorities change, and family, especially the kids, will always come first. 

I'm turning 25 this year, yes, but time flies so fast. Before I know it, I'll be 50, and it won't do me good if all I have are a few pesos saved in the bank. I've started reading Rich Dad's Guide to Investing while waiting for my mom, sister, and nieces at the mall, and so far, I like it. I like how the book explains how investing will help. In the next chapters, I'm hoping to learn how to invest regardless of how much money you have, and by the time I finish the book, I hope I know how and what to invest on. 

How about you? Are you keen on investing? Do you have sources of passive income? Would you mind sharing how you're doing it? :)


  1. Hi, Katherine! We've just started investing this year, too. We are dreaming of retiring early that's why we wanted to have a passive income. You might want to read this blog: I learned a lot of things about saving there. Good luck on investing.

  2. Hi, Talia! Thanks for dropping by. Thanks for the tip. I'll definitely check out the link you gave me. :)