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Nov 22 17, 12:38 pm

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‘Poverty mindset’ stifles Pinoys’ money skills, success guru says

by | News

DUBAI: Most Filipinos often hear themselves uttering, “wala akong pera,” if not “ang hirap ng buhay,” or “ang hirap kumita,” Ever wondered why?

Because majority of them are “programmed to be poor from childhood,” said success guru John Calub, a street-smart guy who started out as an entry-level employee to become CEO and president of his own training and coaching company, John Calub Training, Incorporated.

“Which is why,” he said, “Filipinos often exclaim (such remarks).”

“They need to re-program their minds to have a multi-millionaire mindset.”

John Calub

Calub, who will be in Dubai on Nov. 30 to share his experiences on how to have the wealth mindset of mega-successful people, said another hurdle to most Filipinos’ financial success is their lack of financial literacy.

“Filipinos were not educated in school about proper ways to save and invest money,” he said.

Last but an equally noteworthy factor, Calub said, is that Filipinos “were not molded to be entrepreneurial.”

“Most Filipinos are raised by their family to become employees rather than to become business owners,” he said.

Hence, Calub said, “most Pinoys have acquired a ningas-cogon mindset.”

“They start saving for a while but they don’t keep it up consistently. That’s why they lose out on the power of compounding interest,” he said.

So where does one begin when trying to be financially gainful?

Calub said “everything begins with a proper mindset towards money and life” where “mindset is 95% of success and skill contribute only 5%.”

More of this on Nov. 30 from 8am to 4pm at the Al Maha Ballroom of Holiday Inn Bur Dubai when Calub holds a lecture entitled,” Secrets of Millionaires and Billionaires: How to be Prosperous, Wealthy and Abundant for Life.”

Register online at http://bit.ly/2mdzese or contact 055 685 6082 for inquiries.

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THE FILIPINO TIMES is the biggest and most trusted Filipino newspaper in the UAE.

It has a print run of 60,000 copies and 250,000 readership per week; bolstered by 1 million visitors to its website every month. It also has an e-newsletter sent to its 250,000 subscribers every day.

The Filipino Times is FREE and has the widest targeted circulation across the 7 emirates of the UAE.

With more than 2,500 strategic distribution spots, TFT is available where the Filipinos are - at Smart Bus Shelters, Metro Stations, restaurants, supermarkets, schools, airport lounges, Emirates and Etihad Philippine-bound flights, churches, Filipino community events and many more.

THE FILIPINO TIMES. We are where the Filipinos are.

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