Friday, December 25, 2015

Pilipinas Presidential Debate 2016 and Other Videos

 Source:  Pilipinas Presidential Debate 2016 Youtube Video and NEGOSYO AND NEWS 5 Meet the Presidentiable Series at youtube

Here are the various videos linked to you tube that may help us in choosing who might be the best leader to lead our country and continue the good, better and best programs that has already been in placed.

The result of our decision is very important for it will decide the fate of our dear mother land wither it will augurs well into the future or backtracks again just like before of which, we don't think in the current fast pace the world over is experiencing, we could no longer afford.

Let us watch and listen carefully and study what they are saying.  Look at their faces and gestures and use your senses who are really telling the truth.

The first of the videos is the recently concluded Pilipinas Presidential Debate 2016 followed by GO Negosyo's Meet the Predentiables via TV 5 with its version available on you tube divided into six-part series.






NEGOSYO TALKS: MEET THE PRESIDENTIABLES SERIES with Sec. Mar Roxas

NEGOSYO TALKS: MEET THE PRESIDENTIABLES with Sen. Grace Poe 








Sunday, December 13, 2015

What is Your Purpose in Life?

By:  Marc Winn

(This is from his original article entitledWhat is your Ikigai originally appeared at theviewinside.me)

According to the Japanese, everyone has an ikigai. An ikigai is essentially ‘a reason to get up in the morning’. A reason to enjoy life.

Having spent most of the last few years helping dozens and dozens of entrepreneurs find their ikigai, whilst also searching for my own, I can now visualise where it belongs.

Your ikigai lies at the centre of  those interconnecting circles. If you are lacking in one area, you are missing out on your life’s potential. Not only that, but you are missing out on your chance to live a long and happy life.

I have had a long time obsession with outliers, and interestingly enough, there are some outlier communities in the world that live far longer than average. If you are interested in learning more about this, watch Dan Buettner’s TED talk on How to Live to 100+. There are some surprising conclusions about the factors that create a long and healthy life. One of the most significant factors is ikigai.

These days, my reason for getting out of bed is to work on projects that reimagine society and education. For someone who spent decades struggling to find a reason to get out of bed, it is now a refreshing change to have this deep sense of purpose. My health and wellbeing have radically improved during recent years, too. The primary reason for this has not been the healthy choices I have made or the diets I have followed, but because I now live with a sense of purpose – and that is the platform for all the other decisions I make.

In The Dandelion Project, we are looking to make Guernsey the best place to live on earth by 2020. Part of that mission is discovering how we can all live a long and healthy life. One of our moonshot goals is for Guernsey to become the first country on earth to have a life expectancy of 100.

We have created this goal to challenge our community to look at healthcare in a radically different way. Living a long life has very little to do with medicine and surgery, which is where most of our health care spending goes. It has everything to do with moving, eating and meaning. All of which can be achieved at no cost to the community.

If we can come together with a collective sense of belief and purpose and take action on this, our population of 65,000 will live longer and be in better health. All without a single doctor’s appointment or pill!

The secret to a long and happy life is not to live in the hope of a great life tomorrow. It is to live with intention today. What I love is that this is possible not only at the individual level, but entire communities can learn from it, as well.

Have you found your ikigai?

– Are you doing something that you love?

– That the world needs?

– That you are good at?

– And that you can be paid for?

How can you live with purpose today, to live a longer and healthier life?

As ever, I am interested to hear your thoughts, comments, and experiences. Please share them in the comments section below.

Marc

Sunday, December 6, 2015

'Only 1 in 4 Filipinos is Financially Literate-' PDI Editorial Explains

(Originally appeared as EDITORIAL entitled Financial literacy at the Philippine Daily Inquirer's Opinion Section.)

It could no longer be surprising considering how many of those employed have savings which could they rely on in times of need and emergency.  See for instance most Filipino families who were already given the opportunity to reach the middle class but failed to sustain it.  Much more some who were given the opportunity to become wealthy but after sometime has to return to a much worst living condition.

An earlier article from the Philippine Star's Business section puts our country at 68th globally in terms of financial literacy index, according to a study made by the Asian Development Bank (ADB).

Citing a survey undertaken by MasterCard, the Philippines ranked 68th behind Malaysia, Thailand, Hongkong, Taiwan and Singapore.
The Asian Development Bank revealed in a study that the
Philippines does not have a national strategy for financial education.

In the Asia and Pacific region, New Zealand topped the list.

The ADB revealed in the study that the Philippines does not have a national strategy for financial education. In contrast, Indonesia introduced its national strategy in 2010, and India in 2012.

In the Philippines, only the Bangko Sentral ng Pilipinas has its public awareness campaigns on economic and financial issues. Other government agencies that limited initiatives for raising financial literacy are the Securities and Exchange Commission, National Credit Council and Insurance Commission. The private sector unfortunately operates on its own.

The reason?  ONLY ONE in four adult Filipinos is considered financially literate, or understands basic concepts such as interest rate, inflation, savings and debt. This fact highlights the difficult task of both the government and the private sector in expanding public access to financial services.

According to a survey done by international credit watchdog Standard & Poor’s Ratings Services, two-thirds of adults globally are financially illiterate, with only one in three, or 31 percent, showing an understanding of basic financial concepts. The survey findings are said to represent the world’s most comprehensive global measurement of financial literacy to date.

The S&P Global Financial Literacy Survey conducted last year found country financial literacy rates ranging from 13 percent to 71 percent among 143 economies, with Yemen, Albania and Afghanistan at the bottom and Denmark, Sweden and Norway sharing the top spot. The Philippines is ranked with, among others, Vietnam, Cambodia, Nepal, Bolivia, Turkey, India, Jordan, Honduras, Romania, Macedonia, Uzbekistan, El Salvador, Sierra Leone, Sudan, Iran, Kosovo, Nicaragua, Bangladesh, Haiti, Angola, Somalia, Afghanistan and Yemen in the bottom 30 in the survey. Among the Southeast Asian countries included in the survey, Singapore has the highest financial literacy rate at 59 percent, and Cambodia the lowest at 18 percent. Vietnam is the only other economy to score lower than the Philippines at 24 percent.

Younger Asians are more likely to be financially proficient than older ones, according to the survey. Globally, there is also a five-percentage-point gender gap: 35 percent of men and 30 percent of women are financially literate. Gender gaps are present in most countries, even in highly developed ones.

A respondent is judged financially literate if he or she can correctly answer three of four multiple-choice questions on financial concepts:

1) On risk diversification. “Suppose you have some money. Is it safer to put your money into one business or investment, or to put your money into multiple businesses or investments?”

2) On inflation: “Suppose over the next 10 years the prices of the things you buy double. If your income also doubles, will you be able to buy less than you can buy today, the same as you can buy today, or more than you can buy today?”

3) On numeracy: “Suppose you need to borrow P100. Which is the lower amount to pay back: P105 or P100 plus 3 percent?”

4) On compound interest: “Suppose you put your money in the bank for 2 years and the bank agrees to add 15 percent per year to your account. Will the bank add more money to your account the second year than it did in the first year, or will it add the same amount of money both years?”

The correct answers are: 1) multiple businesses or investments; 2) the same as you can buy today; 3) P100 plus 3 percent; and 4) more money in the second year.

S&P observed that while the lineup of financial products available in Asia continued to grow rapidly, the survey results suggested that most consumers lacked a general understanding of credit, compound interest and other key concepts. An example is China, where credit card ownership is believed to have nearly doubled since 2011 yet less than half of the respondents could not correctly answer the survey question on interest.

Matthew Bosrock, executive managing director and head of Asia-Pacific for S&P’s Ratings Services, pointed out that understanding concepts like interest, inflation and the importance of savings is at the core of economic development: “A lack of basic financial understanding is one of the factors obstructing faster growth in Asia. This survey gives policymakers the tools to identify the gaps in education and also a chance to improve access to financial products.”

While the government should see to the financial wellbeing of the marginalized sectors, private employers should take responsibility for ensuring that their workers are saving enough for the future. They should put up programs to help ensure their employees’ financial wellness, including those that will help workers be more careful with money, build emergency funds, and cope with financial stress.

In the end, education is key—and not just in high school where many of the financial concepts are taught but not quite absorbed or learned, but in a continuing program until a person’s retirement. Otherwise, financial illiteracy could lead to high debt, loan defaults or, worse, bankruptcy.