How To Pursue Your Passion Without Going Broke

The current theme of my life is “investing“. I’m investing on my health which is why I’m doing Pilates; I’m investing on this blog which is why I’m diligently updating it; I’m investing on my relationship with my husband which is why we’re having breakfast dates regularly now. In a sense, my “investing” is to ensure a healthy relationship with myself and the people I love – my passions in life.

But investing comes with a cost. And for someone who doesn’t have a regular paying job, I need to know how to make my money work for me, while I pursue these passions. Hey, I’m not getting any younger and the kids’ needs are increasing (in price and quantity!) So, I’m very happy when I received an invitation from Security Bank’s event aptly titled: How To Pursue Your Passion Without Going Broke.

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It was a gathering of mostly mommy bloggers and social media influencers who want to learn more about where to put their hard-earned moolah! Two momspirations shared their stories and reflections on how they are pursing their passions: Christine Dychiao and Monica Manzano.

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Monica and Christine shared how they are pursuing their passions 🙂

I related more to Christine’s talk because she talked about shopping, hahaha! But, now that she’s practicing the KonMari method, she makes sure to only buy items that spark joy and of high-quality. She mentioned “thoughtful consumerism” and I think I practice that by buying from mompreneurs and supporting local brands. Like Tin, I also don’t have a problem using second-hand items – for my second baby, I welcomed all the used baby clothing because I know that she’ll just use it a couple of times.

One of Tin's shopping tips!
One of Tin’s shopping tips!

Monica’s story on the other hand, reminded me of the book “Dare to Fail”. Imagine using up all your money to buy a lot and build a house in a faraway province, without a back-up plan! Needless to say, they moved back to the city and rebuilt their lives. But because she is attuned with her passions, she bounced back and is now co-heading Flow Retreats, a business she gets to live her passions in!

Monica shared what she learned when her plans didn't work out.
Monica shared what she learned when her plans didn’t work out.

After hearing these two share their stories, I felt the need to sit down and reflect on how I can turn my passions into money-making ventures. I’m still thinking of the HOW, but now I know that I can start investing my money, so that even if I fail (like Mon), I’ll still be financially-stable. I think that’s the beauty of UITFs or Unit Investment Trust Fund – it is an easy and convenient way to invest your money in the financial markets.

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More about this on www.securitybank.com/personal/investments/unit-investment-trust-funds/

Stock Market, Investments, Trust Funds… These are all alien words to me, all the more that I should get Security Bank’s services. Professional investment experts will help choose the appropriate investment so that the client will get favorable returns. Minimum investment is just Php 10,000, which for me is not that scary to shell out, given that my money will be managed by a professional and I can track its performance through their website.

Different kinds of UITFs.
Different kinds of UITFs.

So, here’s my plan:

  • First, I need to think on how to turn my passions into profit.
  • Simultaneously, I’ll open a UITF account with Security Bank, because there’s no better time to start investing than now. I can just add funds later on.
  • To open an account, I’ll utilize Security Bank’s Human Switch Kit, so that I don’t have to deal with the traffic!

Isn’t it exciting?! I’ll keep all of you posted! Let’s all turn our passions into profit-making business!

 

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