|
||
| ‘Estudyantipid’ behind the scenes |
 Daniel Lopez Layug, 22, is the son of Rina Lopez Bautista. He is a Georgetown University senior majoring in finance and Chinese. Currently, he is interning at the Carnegie Endowment Fund for International Peace, focusing on energy and climate change.THE book “The Motley Fool Investment Guide for Teens” talks about the compound rate of growth. Given a constant rate of growth of 11% per year, the P600 that I spent in one night would have had the potential to become P4,800 in 20 years. There have been only a few moments in my life that I can truly call life-changing. Well, this wasn’t really the point where my life changed. After all, 20 years is a long time for a teenager, but it at least made me cognizant of the power of compound interest. The real moment happened the first time I sold a part of my portfolio. I got an annualized return of about 18%. I used the compound growth formula to compute what this meant for my money. It turns out that the wasted P600 could become about P16,500 by the time I was 37. Imagine what I could do by saving even a little and investing it. The idea of a personal finance show for teens hit me in class one day. I spent that Environmental Sciences class thinking about what I had to do to create the show. I was not an expert. What did I know about production and what would entertain teenagers? I needed to create a team. First, I approached a few of my high school classmates. In my naiveté, I had assumed my classmates would be the talents of the show. Secondly, we set out to find Francisco Colayco, the author of “Pera Mo, Palaguin Mo.” Last came the grueling process of pitching to different financial institutions for a grant. We found our perfect match in Citibank, which saw financial literacy as the cornerstone of its responsibility to society. Citibank eventually asked us to make a second round of the show. It took us eight months from initial conception to actual production, but it was worth every second because with Citibank, my classmates, Francisco Colayco, and Knowledge Channel, we did our part. “Estudyantipid” airs over KCh on these timeslots: Sunday and Wednesday, 7:20 am; Monday and Thursday, 10:20 am; Tuesday and Friday, 2:20 pm; Saturday, 10:40 am; and Sunday, 3:40 pm Comments (0)
 Write comment
|
Subscribe to this comment's feed
