I wish to share this piece that came out in Astig.com. Read on. Beam And Go kicks off financial literacy project for OFW families. CAMARINES SUR, Philippines – Last Sunday, September 6, 2015 at the Iriga Plaza Convention Center, Iriga City, BeamAndGo—an alternative remittance fintech that offers overseas Filipinos …
Money is fungible. Money that is raised or intended for one purpose can easily be used for another.
I remember back in the day when I was still a banker, I would be part of long documentation meetings where the lender would require numerous things to make sure that the borrower would use the amount borrowed for the project which was approved for funding. Because no matter how great your financial projections are, if the money is diverted to other use…
Human beings have a tendency to overreact. It’s our nature. Each time there’s a publicized plane crash, airlines experience a drastic drop in demand despite the fact that air transport remains the safest. Panic buying ensues after a calamity. I remember a mother who sent her bright son to tutoring school after he got a low grade…
