Wow, it’s been months since my last blog post! There’s been so much going on but I just can’t figure out what to write about.
For the past few months I’ve actually been busy figuring out a second career. Actually, I’ve been trying to figure it out for the past few years. Last April, I took the Registered Financial Planners (RFP) course. I have been fond of reading and learning about personal finance so I took it a step further and formalized my learning with the hopes of professionalizing in it some day.
Anyway, I learned about the course while going through the blog of Mr. Randell Tiongson who is one of the most influential personal finance advocate in the country. As it turned out, he was one of the founders of the program.
What I liked about the program is that they are quite neutral in that they are not affiliated with any company that sells or offers financial products (e.g. insurance, mutual funds, etc.). The course has 8 half-day Saturday sessions that covers different topics about personal financial planning.
Module 1 – Behavioral Financial Planning
Module 2 – Financial Planning Process
Module 3 – Time Value of Money
Module 4 – Investment Planning
Module 5 – Tax Planning
Module 6 – Estate Planning
Module 7 – Insurance Planning
Module 8 – Financial Planning Process
For every module, an expert on the topic discusses and shares his/her experiences. They also give tips on the tools to use in making a more organized financial plan. Most of the attendees come from the different financial product companies in the country, though I was a bit surprised as well that there are also a lot who, like me, are not really affiliated with any industry-related companies. The course also requires one to do a case study and create a financial plan. This plan will serve as one’s thesis and one would have to defend it in front of some certified RFPs.
Another thing I really like about the RFP is that their work doesn’t stop at getting people certified in their program. They also have several outreach activities about financial literacy where RFPs volunteer to help.
Since I’m a firm believer in the importance of financial education, I will add some personal finance topics here in my blog. Hopefully I can do my share in helping Filipinos become more financial literate and in turn live a more meaningful life.