I am a martial law baby and have shouted my share of chants at rallies and demonstrations as a student, but what I know of Crispin Beltran are only what I read in the papers.

Today I find myself deep in thought at the life of the lawmaker who fell yesterday to his death while repairing his roof, with merely P50,000 to his name and two barong tagalog, a pair of eyeglasses, cabinet shelves and t-shirts listed as personal assets.

Was Crispin Beltran poor? What does it mean to be poor?

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(Photo from Agence France-Presse)

Worsening poverty plus rising food prices, and what have you got? More and more households are definitely going to the poor house if this keeps up. There are indicators everywhere that high prices aren’t likely to go back down anytime in the future. I remember what Rico Hizon said during a recent interview: We are importing inflation from the US and China. Everywhere in Asia, prices are going up.

Here are some tips from a MoneySense article on how to make sure you’re not badly affected:

Watch out for the warning signs:

1. Uncontrolled spending and/or use of credit cards
2. Having loans you are having difficulty to pay
3. Not making and using a budget
4. Living a lifestyle you can’t afford
5. Lack of savings

To me, number five would go to number one. An inadequate buffer fund, absence of emergency stash – whatever you want to call it – should make ANYONE stop and take stock of your situation as if it’s the biggest red light on the street of personal finance.
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They tell me it’s hard to be grateful when you’re dead broke. As in zero moolah in your bank account and loads of debt. A good friend told me of a time he was sunk to the tune of millions and it was all he could do to face himself in the mirror in the morning.

I wouldn’t presume to know better what people should feel in those times. But perhaps it would be a good idea to be grateful while I can. After all, it’s Thanksgiving in the US, one of the holidays there that I like and want to import here in the Philippines even if there’s a lot of skepticism about it. Get Rich Slowly has a neat video and post on why Thanksgiving can be good even without turkey circa 1951!

Another reason is that I write about money every day and while I know I should be thankful for what those little coins and bills bring, it’s important to focus on the real reason why we want to fix our finances. Not for money’s sake or the things that go ka-ching, but for things like security, family, health, service to God and community, helping others and so on.

Digerati said it well:

… money is a replaceable asset, a distant second to many other things that we all wish we could permanently have and forever keep, but which we only end up receiving in what seemingly feels like short, sporadic periods throughout our lives.

So, I’m grateful for:

(Photo from AFP)

- time. Time to heal, to make amends, to start over, to think of things celestial, to ponder on light and truth, to laugh aloud
- little grubby fingers that grab you and children who hug you and make you feel you’re 10 feet tall at the end of a crazy busy day
- last week’s momentary misunderstandings, because that means hubby and I are still together after 15 years
- mom’s health and sense of humor
- two home angels who have served my family for years and keep my kalamansi juice fresh
- more than 20 articles waiting to be written, because that means I am doing what I love to do
- friends who text “ei, musta? Wala lang.”
- the feel of fresh sheets
- blogging, which makes me jump up from bed every morning. (I kid you not)
- email and the Internet, for making it possible to work at home

**turns to you, and gives you my full attention**

It’s your turn.

I only have admiration for people who try to educate themselves on financial planning or how to manage their money. When I wrote about Mariannet early this week, I was amazed at those who responded – many of you have come from similar (or even worse) but have managed to lift yourselves by your bootstraps and are, in fact, doing well!

One of you who commented on that post was right: you are a testament that poverty does not have to be a widespread problem. The answer lies within each of us.

In fact, Dr. Noet Ravalo’s column yesterday talked of real-life stories of two drivers who were from the similar backgrounds, but have very different strategies on saving money.

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I woke up to an ache in my chest as I read the morning paper.

Mariannet, the 12-year old child who hanged herself last Nov. 2, was my daughter’s age. She is one of 11 million Filipinos who share a strange kinship with one billion more across the globe who live on less than a dollar a day. Her diary says she killed herself because she lost hope her family will ever get out poverty. Her wish list found in her diary was short: a bicycle, a school bag and jobs for her parents.

“Gusto ko po sana magkaroon ng bagong sapatos at bag at hanapbuhay para sa nanay at tatay ko. Wala kasing hanapbuhay ang tatay at nagpa-extra extra lamang ang aking nanay sa paglalaba,” she said in her “Wish Ko Lang” letter. [I wish for new shoes, a bag and jobs for my mother and father. My dad does not have a job and my mom just gets laundry jobs.]

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