Apple in my life

The very first time I laid my eyes on an Apple product was in the 80s. Back then I was a graduate student in the U.S. working on my Masters degree. One of the Filipinos in my batch purchased an Apple IIe. He had it in his dorm room and I remember several of us going to his room to ogle and salivate. At that time, very few people could afford an Apple computer so it was quite the novelty amidst the Ataris and Radio Shacks others had.

(courtesy of http://www.allaboutapple.com/)

My next encounter with an Apple was at work. Most of the computers in the office were Windows-based ones but when it came to desktop publishing, nothing could beat what the Macintosh could do. Fortunately, I was one of those who had projects that required me to work on the Macintosh using Adobe PageMaker. It was thrilling then to see how the icon-based user interface differed from the command prompts we had to type in on Windows PCs. It was really so much easier (and fun) to use.

 

(courtesy of http://www.allaboutapple.com/)

However, there was a long hiatus as I went the way of Windows PCs and laptops when I moved to a bank which was predominantly on Windows. Both at home and at work, I became so rooted in Windows that when my girl received the first Macbook in the family as a graduation gift, I always wondered why she raved about its performance. The second Apple convert was my oldest son who began using an iMac at home. Then on one business trip, my husband came home with our first iPod  – his gift for the kids. That was followed by another iPod, won by my son unexpectedly in a consumer product raffle.

Then, it was time for me to get a laptop when I needed to be mobile. It was a personal struggle – to go with a Windows laptop or move to the Macbook. One agonizing year – yes, believe it or not, it took me that long to weigh how I’d use it, how I’d adapt to new features and commands, and whether it was worth the price. I made the move in late 2008 and got myself the unibody Macbook. At almost the same time, I got an iPod Touch. One was for heavy, serious work. The other was for portability and communication when I needed to be mobile. It was a decision I have never regretted.

The genius of Steve Jobs has shown in each and every Apple device that has been made. I’ve read a book about him and it told of how he could be very hard on his colleagues, very demanding, unsympathetic and a lot more descriptions that are not really flattering. But in the end, his devices really spoke to the hearts of everyone, young and old. He knew what we wanted before we even knew what we wanted.

Someone once told me that when you’ve tried an Apple device, it would be hard to go back to Windows. I was a bit skeptical about that statement but right now if you ask me if I’d give up my Macbook and iPad and revert back to Windows and a non-iOS device, my answer would be a big NO.

The last bastion standing now is my cellphone. Because I love qwerty keyboards, I have not switched as yet to an iPhone. I am still on a Nokia E71, loving its tactile feel and being able to type texts rapidly without the typos I get on a touchscreen device. But there are many things I cannot do seamlessly with it. I cannot livestream properly. I cannot take a picture (because its camera is really lousy) and upload photos on the fly to my social media networks. But friends with iPhones can.

Maybe this is the time to go full circle and complete my lineup of Apple devices by getting the iPhone 4S. That is a decision I am still weighing at the moment.

Our home is filled with Apple devices, just like many homes are. Without a doubt, Steve Jobs and his Apple devices have changed the way I communicate, work, play and get my news. I really hope that the spirit of Steve will live on for a long time. The world has so much to be grateful for to this one man who went against convention and what people may call common sense (at that time) to make portable devices with powerful communication features and massive consumer appeal.

VISAtisfied Voyager: new visa blog of the U.S. Embassy Manila

(UPDATE: The blog was discontinued by the Embassy and link, as well as email addresses below, are no longer available.)

The U.S. Embassy Manila is now the most active embassy in the Philippines on social media (with Twitter, Facebook, YouTube, and Flickr). And just recently, they did it again!

They now have….*drumroll*…..a VISA BLOG!

You read that right. They have an official visa blog, VISAtisfied Voyager, whose goal is “to provide timely and relevant information to members of the public interested in learning about the Nonimmigrant and Immigrant visa processes.”

The choice to put up a blog shows the determination of the embassy to draw in feedback from readers. Every week, topics relevant to visa applicants will be posted. You can ask questions, leave comments and even provide feedback with any experience you may have while applying for a U.S. visa.

Behind the blog is a team of visa experts from the embassy’s Non-immigrant and Immigrant Visa units. It is hoped that through this blog, visa applicants can be kept up to date with new developments that may affect their applications.

Take note though. The U.S. Embassy Manila will not be able to respond to individual visa-specific questions on the visa blog. If you have questions that are specific to your situation, email the embassy at the following addresses:

consmanilaniv@state.gov (for individual, non-immigrant visa applications)

ivmanilareplies@state.gov (for individual immigrant visa applications)

With literally thousands of Pinoys applying for travel visas every year, the addition of this visa blog is sure to clear up many myths and provide clear advice for everyone, more so for those who may be applying for the first time.

Congratulations to the entire team of the U.S. Embassy Manila who are behind VISAtisfied Voyager as well as responsible for all its social media efforts!

Investing made easier with BDO’s Easy Investment Plan (EIP)

Disclaimer: I have not been paid by BDO to write this post. I am simply presenting one product that I think can be useful and relevant to my readers. This post may not contain all the details about the product so I recommend that anyone interested should contact the bank directly.)

In a previous post, I wrote about having been invited to a workshop (Steps to Financial Peace) given by Randell Tiongson, a well-known financial planning consultant, as well as other inspirational speakers.

Randell spoke of the Philippines’ low savings rate – 16% in 2003 – the lowest in Asia. If Filipinos saved only 16% of their income, it meant that so many are not saving or not saving enough. In the workshop, Randell also mentioned that if all extra money is placed only in savings or time deposit, it earns at a lower rate than inflation. Purchasing power then is being eroded by inflation as it cannot keep up with the higher inflation. The only way to keep purchasing power ahead of inflation is to put one’s savings into higher-yielding products. Trust products are the popular investment channels available now to most people Problem is that while the minimum placements have gone down considerably to allow more people to invest in these, it is still not low enough.

I remember a time when the minimum investment amount in Unit Investment Trust Funds (UITF) was around PhP 1 million. That meant only the already rich could invest in these types of products. Everyone else had to be content with a savings or time deposit product. Over the years, however, the minimum trust investment started coming down to Php500,000, then PhP100,000 and eventually, as low as P10,000. A sponsor of the workshop happened to be Banco de Oro (BDO). During the workshop, the executives of BDO’s Trust Department, introduced a new trust product called Easy Investment Plan or EIP.

For only P1,000 a month, you can already join the ranks of those who have access to higher-yielding products.

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Financial Peace Begins NOW!

Whether you’re still in school, in your prime or about to retire,
You need financial peace to live a happy life.
And there is no time to begin but NOW.

Highly sought-after financial planning consultant, Randell Tiongson, who also happens to be a dear friend, invited me to his workshop recently, Steps to Financial Peace. The opportunity to attend and listen to the counsel of someone known for his know-how in investments was too good to pass up. And truth to tell, there was a little voice inside me saying that maybe blogging was another way to share stored-up knowledge from almost two decades in the corporate world.

Randell Tiongson

Some Things to Keep in Mind

When you invest, your goal is to earn at a rate higher than inflationary trends. If all of one’s extra money is in savings or time deposit, which at the moment hovers in the range of less than 1% to 2%, depending on which bank you use, your money is really losing value while it is sitting there because your purchasing power is being eroded by an inflation rate that is higher than the interest rate you get.

80% of what is needed for investing is BEHAVIORAL. People need to get into an investment mindset. Randell mentioned that even those who are themselves in the financial industry are not spared from financial woes. Many know how to preach but do not apply the principles to themselves.

There is what is known as a Filipino vicious cycle — the parents spend everything they have on the kids, ending up with no savings of their own. Then when they are old and medical issues begin to crop up, they become fully dependent on the children to support them. And the cycle continues. Some will say but that is because we are family-oriented and that supporting elders is a natural obligation. This mindset, however, results in generations of people who have no financial peace.

55% of families in the Philippines do not own their own homes. Many have been renting for decades with nothing to show for the money spent.

Continue reading “Financial Peace Begins NOW!”

Yahoo! pays tribute to Pitong Pinoys

Yahoo! recently gave recognition to seven Filipinos (‘Pitong Pinoys’ in the vernacular) whose contributions in the realm of volunteerism and advocacy work made a significant impact in the lives of Filipinos. It is Yahoo!’s first initiative to celebrate patriotism and national pride among Filipinos. This recognition, for me, is so timely because, under an administration that was elected on a platform of transparency and good governance, there is a clear need to show the Filipinos that despite general cynicism stemming from scandalous revelations of corruption in all corners of society, there is no dearth of ordinary heroes.

During the launch, Yahoo! Philippines Country Editor Erwin Oliva related that they were wondering at first whether they could actually find 7 heroes. After the initial call for nominations some time in May 2011, they were surprised by the submission of hundreds of applications representing people from all walks of life, including simple folk who were doing community work without any prodding or thoughts of compensatory recognition. Those applications were eventually whittled down to the final 7.

What made this awarding ceremony particularly special was the fact that two good friends were among the 7 awardees: Jay Jaboneta and Anna Oposa.

Meet the Pitong Pinoy awardees who have chosen different advocacies to make life better for the ordinary Juan.

(L-R) J. Jaboneta, T. Leonor, J. Enriquez, A. Oposa, T. Saniel, H. Mendoza, A. Belonio

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Why you should read the fine print of your credit card terms

If you are holding a credit card, you should be aware of its terms and conditions so you can use it responsibly and minimize any risk that could make you financially liable.

I realized I had to write this post after I read a new addition to my Citibank credit card terms and conditions.

Something caught my eye when I recently printed out my statement to pay my bill. A box at the end of my statement caught my attention: “Please be informed that effective immediately, should your credit card exceed the credit limit, Citibank has the discretion to approve any requested credit card transaction depending on your credit standing with the bank.”

Wait a minute! So the bank can approve transactions on my behalf even if that transaction causes me to exceed my card limit?

Seems convenient? Under some situations (like a sudden medical expense or foreign travel) when we need more than the usual credit limit, it may seem so. But medical emergencies don’t happen every day. And we don’t take foreign trips all the time, do we? Remember, all credit card terms apply to us for as long as we continue using the card.

In my case, Citibank’s new terms and conditions made me somewhat uneasy. Here’s what the actual new section says:

“5. DISCRETION (Effective June 2011)

Without giving any reason or notice, and without prejudice to the other provisions hereof, the Bank has the absolute discretion…(b) to approve any proposed Card transaction which may cause the card account to exceed its credit limit;… (d) to increase or decrease the Regular Credit Limit, Combined Credit Limit or Special Installment Limit;…”

Take note. ABSOLUTE DISCRETION.

Continue reading “Why you should read the fine print of your credit card terms”