Social Media has been one of the major reasons for the continues growth of Financial Literacy here in the Philippines.
Though I may not have the exact number, but curiosity and interest in managing finances effectively has increased tremendously over the past several years. This is evidenced by various organisations that are popping out trying to further increase awareness of Financial Literacy.
However, with the increasing number of groups/individuals to follow, the question of who’s really the real deal may arise. With that, here are the top four people in my Facebook Newsfeed that I don’t fail to learn something new.
Bo Sanchez (Facebook)
With his free ebook My Maid Invests in the Stock Market, the preacher in blue jeans has inspired a lot of Filipinos to invest in the stock market. He somehow erased the idea that the stock market is for the reach only. Upon reading the said ebook, his readers ends up asking, “if his maids can invest in the stock market, why can’t I?”.
Over the years, retail investors in the stock market slowly increase, which really gives hope on our Philippine Stock Market for future enormous growth.
One thing about Bo Sanchez is that he is a Preacher. Nope, he’s not a priest, but a layman who finds his mission to preach the word of the Lord to a surprisingly huge crowd of people who follows his faith organization.
Why follow Bo?
Bo Sanchez’s approach in teaching about money is by integrating it with the teachings of the Holy Bible. I’m not a very religious person, but when I attend The Feast (Bo Sanchez’s weekly Prayer Meeting), discussions about money provides more meaning on a wider universe, rather than the pursuit of it for thyself.
Was once known as one of the “Hawi Boys” of the once popular Randy Santiago, Chinkee Tan offers a story of how life can turn around from poverty to a life of abundance.
Here’s an interview of Korina Sanchez with Chinkee last 2007 for you to learn more about him:
Aside from show business, Chinkee Tan’s background includes coming from the Network Marketing business – such background provided him insights on how to really help people not only on managing money, but also in providing business ideas that helps his audience have something to manage.
One of the things I like about Chinkee Tan is the he is VERY ACTIVE in social media, especially in Facebook. If you are following him at Facebook, you will often receive notifications that he is doing a live broadcast using Facebook Live, sharing some small bits of information that could motivate and inspire people into taking action.
I really appreciate this guy’s energy in trying to uplift the Filipino people the best way he can.
He’s very active in radio broadcasts too. You can hear him talk at Radio 5 early morning on weekends.
The very first time I encountered Randell Tiongson was when I took the Financial Planning modules conducted by the Registered Financial Planners of the Philippines (RFP) way back in 2010/2011.
Randell’s background was on the Financial Advisory business worked as an Insurance Agent for several years (don’t know exactly how long, but I know it’s a very long and extensive experience). His insights came from various experiences with different people and clients.
He is currently the Director of the RFP Philippines, guiding Financial Planners with the proper pillars of financial planning, which will then be used in guiding their clients, families, and especially, themselves.
Randell regularly posts upcoming seminars of different Personal Finance personalities and leads a Viber Chat (together with some interesting personalities) where we can gain insights on the world of personal finance.
Of course, these people are my personal choices.