Cashflow Philippines Gathering

Let us play together Cashflow 101 and Cashflow 202 in Makati and Ortigas every Saturday for this 2009


Cashflow Gathering 2009

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What do these successful People have in common?

Bill Gates of Microsoft
Ray Kroc of Mc Donalds Corp
Warren Buffet of Berkshire
Michael Dell of Dell Computers
John Gokongwei of JG Summit
Henry Sy of SM Shoe Mart
Tony Tan Caktiong of Jollibee Corp
Socorro Ramos of National Bookstore.


Are they all college gradute? NO
Are they all scholastically smart? NO
Are they all born rich? NO
They own their own Business.

Create Abundance Business Community invites you to attend Cashflow Gathering to Learn the Fundamentals of Business and Investing based on the best selling books Richdad Poordad and Cashflow Quadrant of Robert Kiyosaki.
Create Abundance is one of the enterprise that promotes ENTREPRENEURSHIP. Our main purpose is to empower people and organizations to generate and fulfill new possibilities based on gifts, generosity, accountability and commitment.

We create and provide services, programs and business vehicles that produce extraordinary results for our business partners.

What will you learn? New Rules of Money
> Industrial Age vs. Information Age
In the time of Industrial age those who have machinery own the wealth. Henry Ford of Ford Motor Company.

In the time of information age those who have right ideas, updated information and the right network own the wealth. Larry Page and Sergey Brin of Google.com, Steve Jobs of Apple.


> Savings vs. Investing: Before saving is smart, Today saving is not enough.
Time deposit interest rate is 3 to 5% per annum. Average inflation in Philippines in year 2008 is 9 to 10%. Your money increase by 5% due to interest but decrease by 9% due to inflation. Now you are negative 4%. You loss 4% purchasing power of your money.

Before, you will notice that you can buy many things in 500 pesos, Today, because of inflation you don't want to break your 500 pesos because you can easily spend it in a blink of an eye.


> Asset vs. Liability
Is your house asset? if your answer is Yes. You are wrong. Asset is something that puts money into your pocket, Liability are something that takes away money out from your pocket.

Cellphone, Plasma TV, PSP anything that depreciate in value is a liability. Anything that creates income is an Asset such as Businesses, Franchise and Apartments etc.


> Working hard vs. Working Smart
We are trained in school to work hard for money,but school don't teach us how the money will work hard for you. In this time of economic meltdown working smart is much wiser than working hard.


and many more...
> Good Debts vs. Bad Debts
> Risk vs. Risky
> Reading Financial Statement
> Identify Good and Bad Investment
> Passive Income - Income without working, real state, franchise, royalties, etc...
> Portfolio Income - stocks, mutual fund, bonds etc....

Schedule for March every Saturday
March 7, 2009 (8:30am to 1pm)
March 14, 2009 (8:30am to 1pm)
March 21, 2009 (8:30am to 1pm
March 28, 2009 (8:30am to 1pm)

Where:
Ortigas
The Venue Restaurant, Pearl Plaza, Pearl Drive, Pasig City
Registration Fee: P400, meal included plus bottomless ice tea bring a friend and get 50% discount each)
Makati
Spicy Fingers Greenbelt Makati City Registration Fee: P400, meal included plus bottomless ice tea bring a friend and get 50% discount each)

Alma Panganiban/ Ferdie Panganiban
0920.669.5065 / 0915.725.8561 / 0923.401.4239 /02.828.9330

Wednesday, January 21, 2009

Get out of the Rat Race. Are you one of the Modern Hamsters?


What do you feel when you see a hamster running in the wheel?
We normally smile and happy watching the innocent hamster keep running and running into race but going nowhere. We might say to ourself, "Poor Rat".


How do you Live your Life?
Do you live differently as the hamster do? Yes or Yes?

A Person is Running in the Big Wheel (see picture above). In life that person represents us, and the wheel represents the Wheel of Life.We just kept working and working everyday going nowhere and can't get ahead in the wheel of life. If you found youself in this situation then you are Trap in the Rat Race.

Rat Race is a way of living just to survive. Sa Pinoy ,"isang kahig, isang tuka". If you are working for so many years now and still broke then you are in.

If you are an executive, OFW, nurse, doctor, lawyer, high-paying professional etc... as long as you are working for the purpose of survival or maintaining your lifestlye, you are still in the race.

But you know what? We can escape this trap if we'll educate ourself on how to create Passive Income.

So what is Passive Income? It is an Income without physically working. Examples of passive income are real estate, franchise; royalty fees from books, music, intellectual properties; network marketing, businesses, stocks, bonds, mutual funds, certificate of deposits, etc. (Caution: educate yourself first before attempting to invest in Passive Income. Most of these are tricky).

Of course it is easier said than done. If you want have an actual experience on How to escape the Rat Race and Build Passive Income, play Cashflow 101.

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