Saturday, August 30, 2014

Personal Finance Books I Recommend ( Filipino Author)

If you happen to read my post about how  I started on this whole investing thing, I talked about  the very first personal finance book that my mentor recommended which was The Richest Man in Babylon. I really love and highly recommend that book. As OA as it sounds, it really change my financial life. I also said that I got to download the "My Maid Invests in the Stock Market and Why You Should, Too" by Bo Sanchez for free. I highly recommend that book,too. Easy to read, no jargon at all.

When I become super interested with personal finance, I really went out of my way to let my cousin find this certain book and send it to me. It was written by a Cebuano. It is a compact book that promises to be "your bible on personal money management and wealth building". Written in taglish to cater to every Filipino, it is easy to understand. I highly recommend this book: Kaya Mo, Pinoy! 12 STEPS TO BUILD WEALTH ON ANY INCOME by Alvin T. TabaƱag, RFP.

Price: Php 345.00 (I kept the tag. Bought it with my own money)
Bought by my cousin at Powerbooks Cebu, and she sent it all the way here.

Best part of the book:
  • Want to know how much to save monthly, what percentage you need to target and how many years you to need to reach Php 1 Million? The book has it:

  • Want to know the future equivalent of your current expenses? For all those people who doesn't like math calculations, rejoice! The book has it:

  • Want to know how much retirement fund needed with the current expenses you have by the time you'll retire?? 5 percent inflation were taken into consideration:

I must have read 10 personal finance books after this, borrowed from the library and to tell you honestly, I was sick of it after. The information were all the same. I actually bought Colayco's 2 books (ebooks for $20) and I didn't enjoy it. Not because the books were no good, but because, as I said, I read tons of personal books before reading Colayco's book and information were all the same. Law of diminishing satisfaction here. I know, in my heart of hearts, that I surely would love Colayco's books had I read it prior to my binge-personal-finance-book-reading-phase.

How about you? If someone will ask you what personal finance book you recommend to a newbie , what answer would you give?


  1. I also started my financial adventure through books. Kapag nasa National Bookstore ako dun lang ako lagi sa Business/Investment Section!!!

    Entrepreneur It's Your Money Book Review

    1. Yah, we all started with reading. Thank God for the books!

      Nice recommendation!

  2. Alvin Tabanag was one of the panel members when I presented my RFP paper and the guy is really impressive! You can feel his passion for imparting his knowledge on personal finance and he really dissected my paper, making me rethink my assumptions. Ang dami kong natutunan, sobra.

    I've been on the lookout for his book after my presentation and I'm considering attending a seminar on retirement savings that he will be conducting within the month. Sayang lang nga kasi it's a work day.

    1. You mean to say that you have been looking for the same book that I have? Or may iba pa siyang book?

      Wow, you are lucky!!

    2. Same book that you have. Usually out of stock na siya in the NBS near my house.

    3. Yah, he said he won't be writing a second part of the book coz all you need to know about finance is already in the book, which I find cool! Nakita daw ng cousin ko sa PowerBooks. I don't know if that store still exists. It has been over 3 years na

  3. wow thank you for the recommendation PINASforGOOD :) will look for this book in NBS and also the first book you mentioned..sana hindi mahal hehehe -- kath

    1. The Richest Man in Babylon was borrowed by me sa library. Been looking for a used copy,too.

      I hope you like them. Let me know if you do!

  4. interesting!

    i read " my maid invests in the stock market" last year and it's very easy to understand.. it's of my turning points to start investing in the stock market because i realized that if her maid did it then i might be able to do it too.. and i surely did..

    when i attended COL financial's positioning for 2015 briefing last month, they gave us a copy of Ms. Rose Fausto's version of "The richest man in babylon" which i have yet to read.

    and just before i came home tonight, i read "millionaire by thirty" by andrews and i learned so many things about investing. one great word that i learned was "arbitrage" or "be your own banker"

    i highly recommend this book. i haven't finished reading it yet kc ung bus na sinasakyan namin kanina biglang umusok at nagpanic at nagsibaba kaming lahat. kya ndi ko natapos basahin ung book.. :)

    i will make a review once im done reading it....

    1. Wow, nice list of books there. Next up on my list: Millionaire by Thirty by Andrews. Thanks for the recommendation!

      I'm curious to know about the version of the Richest Man in Babylon. The original book itself, I think, doesn't need to have another "version" coz it is so easy to read and can be applied to any person out there in any walks of life.

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  6. The first book that I've read is the "Lazy Investor." After reading it and more books, I invested a year later. Sabi nga ni Aya of "aral muna bago maginvest."

    These are the books I can recommend mostly for OFWs in Canada.

    1. The Wealthy Barbers (Canada)
    2. Financial Planning for the Fast Changing World by Christopher Cervantes (Philippines)
    3. How to Pay Less and Keep More for Yourself by Rob Carrick (Canada)
    4. The Courage to be Rich by Suze Orman (USA)
    5. Walden by Henry David Thoreau (My favourite clasic book). I think it's a classic book that is about minimalism and how to be frugal. His thoughts are still applicable today and in the future. And got a good sense of humour too.

    If only we could share the books to others, then more people can have financial freedom. So far, I made a friend become an investor. It didn't happen easily but never had regret.

    Would love to know more of books recommendation even if it's not about finance like "The Happiness Project" by Gretchen Rubin.

  7. I think this is an informative post and it is very useful and knowledgeable. therefore, I would like to thank you for the efforts you have made in writing this article. Saham


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