Hi! I'm Edellen Nonescan - Reyes. I was born in Manila, grew
up in Iloilo, Lived in Cebu, and am now living in Pampanga, in which all the
places mentioned belongs to the beautiful archipelago in the Southeast of Asia,
the Philippines.
My husband, Paul works at a BPO industry on a shifting
schedule as a trainer for their company's new hire.
Our son Eli, works on trying to learn how to walk as he is
only 1 year old, and I work from home.
We are a Latter-Day Saint Family, not claiming to be perfect
but we try as much as possible to live our faith and are willing to teach them
also to our growing family. We know that our family can be together forever.
Aside from being a mom and working from home, I am an
advocate of Savings and Investment. I created this blog as I'd like to do some
paying forward to whoever will come across this blog.
I say come across because I don't consider myself to be that
popular, hehe.. At this point I only have one follower for now which I doubt
even reads my posts.
I maybe an LDS or what people term as a Mormon. But I'm not
just all about the churchy, touchy-feely stuff.Our church encourages us to
"seek learning, even by study and also by faith" (D&C 88:188)
That being said, I confess that I as much as I'm interested
about things that pertains to the welfare of my soul, I am also much interest
in temporal matters such as how to increase my cash flow or how to create multiple
income streams, that even if I stop working tomorrow my needs and wants can
still be sustained until I die.
Other people who have not yet reached to that level may say
"well, that's impossible!" but this is what I know I want to do now.
It has been proven to me by the people that I look up to: "To be wealthy
is hard, but to stay wealthy is harder!"
Let me tell you a story. I was in grade school when my
grandfather showed me an article in the Reader's Digest magazine. It was
entitles "A Gift That Never Stops Giving," when I read the article
I'm surprised to find out that the author was referring to giving a gift of
Stocks Certificate to his son. Because stock certificates double and even
triple in value as time moves forward, plus dividends are also distributed
depending on the company that you buy. It never stops giving! My grandfather
tried to explain to me how it all works but at that point in time, my young
mind just wants to play outside more than listen to what my grandpa would say.
Grandpa was my rich dad, it was from him when I first heard
the term "At first you work for money, later on make money work for
you," he said this to me at one of our noontime conversations, even before
I met Robert Kiyosaki's book Rich Dad Poor Dad. Sorry if I get too personal but
I like my grandfather so much. I liked the way he talks to me about money
better than I like hearing my parents talk about money as if it's always a
problem. So there goes my rich dad and poor dad moment. My grandpa and my parents each have a different perspective on money.
I like my grandpa's ideas better.
I was in high school when he bought me my first stock
certificate from San Miguel Corporation, a prestigious company here in the
Philippines. It was only two years ago when I sold my first share which earned
me 40% higher that its value when it was first bought.
My second shares were from Bank of the Philippine Islands,
another prestigious bank here in our country. I still have it and am now in the
process of changing the name from my maiden name to my married name, so...
there is some work to do. With that, I have a strange feeling deep inside me to
want to learn more of it.
After serving a voluntary service for our church, I took
different jobs. I was a corporate slave. Low income, so much to do... I would
resign and take a different job every time I see opportunities to increase my
income in another workplace.
So, it was until back in 2008 I was introduced to the company
called the International Marketing Group. I was so happy to find out that there
are companies that cater to help people and individual learn about personal
finance, insurance and investments. I attended some of their lecture and joined
with them so I can get to learn more.
I attended other Educational Institutions as well. One of
them is the Academy for Creating Enterprise in Cebu. They taught me a lot about
Entrepreneurship.
After I married, I still kept on working for others or
better put working for money. Of course it's what we need to survive so we can
buy our needs until I became pregnant.
My first trimester of pregnancy has been hard on me. So I
told my husband that I am going to quit my job in the meantime not knowing what
to do next. Being in the house was a bore, after getting over my morning
sickness. There's only one definite thing in my mind. It’s that I want to keep
earning whenever and wherever I may be. So I told my husband that we get an
internet connection so I can apply for online jobs and earn while I just stay
home.
For my first job online, I became an ghost writer. At first
my earnings were so little, but later on compensations went higher as I was
able to get different clients for different projects. I was a freelance and I
enjoy it. There there's still more that I want to explore. When I found out
that I can buy and sell stocks online, I invested some of my earnings.
Now, I'm still trying to learn more. Once in a while I'd go
to Manila to attend seminars that will equip me with technical knowledge needed
in order to invest. It's really challenging to apply the things I learn, but
seeing the results makes it worthwhile.
Moreover, I thank the Lord for the abundance he provides this
earth as he has said in the Doctrine and Covenants: "for the earth is
full, and there is enough and to spare. (D&C 104:17)
My life is a test and experiment and I intend to jot down
the things I learn and experience here as I journey on my way to Financial
Independence.
So there you go… Learn with me, or learn from me :-)