What Are You Thinking About?

[_Cathy_]

is it made of hard wood, like narra or lawaan?

I don't know. It came from my Lola's house. My Mom said it was bought in the 50s.

[Juan Martinez]

I don't know. It came from my Lola's house. My Mom said it was bought in the 50s.

might be antique na. if it is, it's expensive.

our ancestral house in bohol was built in late 1800s. my great grandfather was the first mayor of our town who built it. one day, an antique collector offered to buy the whole staircase for an outrageous amount. an antique 12- seater table made of tugas or bantigue is very expensive.

[_Cathy_]

It's in our bodega but when I have my own house I will use that table. Kelan pa kaya

[crosswind]

Manipis na kaya clearcoat ko kaka experiment ng different wax from turtle wax,3m hanggang sa meguiars

[badkuk]

The Black Nazarene procession still isn't done

[jut703]

Thinking about how fortunate kids are when they're born to well-off parents. Back in college you'd think you're all on equal footing, and doing good in school will give you the headstart you need.

But really, these lucky kids have some (if not all) of the financial milestones in their 20s ticked off their list already:

- Most get a car as early as college
- Parents will usually pay for their wedding
- Some parents give condos or lots or even houses as gifts
- Many entrepreneurial parents give their kids capital to run their own businesses.

All these things take years of toiling and millions worth of savings for the ordinary Juan to achieve. It's like getting a decade worth of time because you can enjoy life's pleasures (i.e traveling the world, buying fancy toys, etc) at an earlier age since you have the basics covered already.

Even for those who aren't given any of the aforementioned gifts explicitly, the fact that you have a safety net in the form of parents who will definitely bail you out if you hit rock bottom really helps in boosting your confidence to take risks such as entrepreneurship, or allows you to coast through your career for a while without fearing that your bills will pile up and you'll go hungry, or in letting you pursue a passion even if it doesn't pay well.

#blessed indeed, these people are.


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[badkuk]

Agree. If you only have a net worth of 1 million, all but few of us would be willing to gamble 1 million on a venture. On the other hand, if you or your family has 100 million, risking 10 million doesn't seem that risky.

Being well connected also helps a lot. You have easier access to clients, suppliers, information.

i am by no means belittling the achievements of already rich taipans and such, but they do owe a lot of their success to their family.
Money begets money i suppose.

[ronw123w124]

But really, these lucky kids have some (if not all) of the financial milestones in their 20s ticked off their list already:

- Most get a car as early as college
- Parents will usually pay for their wedding
- Some parents give condos or lots or even houses as gifts
- Many entrepreneurial parents give their kids capital to run their own businesses.

This is so typical of rich Chinese-Filipino families. For some even the tuition fee of the grandchildren is taken care of by the grandparents and I know of one instance pati yung groceries sagot pa din ng magulang, its not that palamunin masyado yung mga anak, the mom insists to pay for it kasi.

[badkuk]

This is so typical of rich Chinese-Filipino families. For some even the tuition fee of the grandchildren is taken care of by the grandparents and I know of one instance pati yung groceries sagot pa din ng magulang, its not that palamunin masyado yung mga anak, the mom insists to pay for it kasi.

hmm, i'd say a lot of that is going around among rich families per se, not Tsinoys in particular.

[_Cathy_]

Because the grandparents normally have more money than the children.

Not only among rich but even with the middle class. My grandparents did pay for our tuition too on several occasions. It's cheaper to pay annually and it doesn't put a strain in their finances since they don't have much financial responsibilities anymore. They also offer to pay when the whole family travels etc. Wala na naman sila "binubuhay" so they can afford to spend.

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[unmarked]

On the flip side there's this thing when you come from a rich family, you are encouraged to 'follow your dream'.
Doesnt matter if sa arts and sciences or business, doesnt matter if money making yan or hobby, but the environment that gives that young person freedom to pursue whatever he wants without the burden ng magtrabaho para mai ahon ang family, really really helps.

[jut703]

It really doesn't reflect negatively on the kids if their parents/grandparents choose to hand the world on a silver platter - it's not like they're spoiled brats asking for it (okay, some are, and those folks are worth judging, but most really didn't choose that kind of charmed life).

I guess if anything, it should just implore lucky kids to do more in life. I'm proud of my friends who went straight into government, right after college, immersing themselves into the system and learning firsthand the problems and roadblocks our administration faces. But what goes unsaid is that these people have no family to support, no uncertainty about their financial future. So the decision to go into government is much easier for them to make.

Other friends maximize their youth by traveling as much of the world as they can in their 20s. Again, their background allows them to. The rest of us plebeians have to worry about our survival first.

But again, the important thing is to make the most of what has been given to you. Yes, life is unfair, but resentment brings about no good. Be grateful for what you have, strive to make a positive impact in this world. I'm sure many can attest that they "started from the bottom now they're here", and at the very least their next generation will have a better start in life.


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[Juan Martinez]

It really doesn't reflect negatively on the kids if their parents/grandparents choose to hand the world on a silver platter - it's not like they're spoiled brats asking for it (okay, some are, and those folks are worth judging, but most really didn't choose that kind of charmed life).

I guess if anything, it should just implore lucky kids to do more in life. I'm proud of my friends who went straight into government, right after college, immersing themselves into the system and learning firsthand the problems and roadblocks our administration faces. But what goes unsaid is that these people have no family to support, no uncertainty about their financial future. So the decision to go into government is much easier for them to make.

Other friends maximize their youth by traveling as much of the world as they can in their 20s. Again, their background allows them to. The rest of us plebeians have to worry about our survival first.

But again, the important thing is to make the most of what has been given to you. Yes, life is unfair, but resentment brings about no good. Be grateful for what you have, strive to make a positive impact in this world. I'm sure many can attest that they "started from the bottom now they're here", and at the very least their next generation will have a better start in life.


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well said.

but you go out of the university of hard knocks a better and stronger person. you know now what life is, on your own. you are your own tutor, your own teacher. you are now made of sterner stuff, so they say. what you have and what you have become will open up better opportunities to your children and to your children's children. lucio tan wasn't a son of a taipan. he was a refugee who came to our shores on a batel. same story with john gokongwei, jr's father. his father hit rock bottom. he learned from that experience. he started from scratch, selling his wares using an old bicycle he bought with his own money. he sold ukay-ukay, but look at jg summit now. andrew tan just bought fundador, but who is he? he is also an immigrant from china, went to the philippines and studied accounting at UE. he's worth $5B at 64.

what you do now will determine who you will become in the future. what you will become will open up a whole new world of possibilities to your children and to their offspring.

now i'm thinking of rudyard kipling's poem:

If you can fill the unforgiving minute
With sixty seconds' worth of distance run,
Yours is the Earth and everything that's in it,
And - which is more - you'll be a Man, my son!

[machine.pistol]

It's in our bodega but when I have my own house I will use that table. Kelan pa kaya

A friend made use of their antique table into the main door of his house.

[machine.pistol]

I'm thinking of the great mean in the past. They were very young when they became emperors, kings, captains of industry, founders of religion, etc. Comparing myself to them, I'm nothing. But just the same I'm happy and contented with what I have and I where I am now. If I compare myself to other less fortunate people, I'm much luckier. I count my blessings.

[CVT]

I am thinking of changing career this year... Hhmmmm....

[dreamur]

I am thinking of changing career this year... Hhmmmm....

If the price is right bro, why not?

[Walter]

Wondering if some of the new tsikot members are OB's alternick.

[CVT]

If the price is right bro, why not?

There will definitely be trade-offs bro.

Work-Life Balance is a primary consideration for me....

[Monty]

^Yup, it's not all about the money.