Happiness

Money is not everything

When I resigned from my work as an accountant and accepted the position of a secretary in an investment company, the first question asked is how much am I given by the company that I accepted a position "lower" than my previous one.

To tell you frankly, not much. Its is only SAR 100 higher than as an accountant. But I decided to accept the position because I feel it is my fate or qadar because it came on a time that I asked Allah (SWT) to give me a new job.

I was not happy on my previous job not because that I didnt like the work. But I didnt like the way they are treating the Filipinos. But I realized that in Saudi Arabia or in any other country, there will always be discrimination. Even if you have the same faith or religion, discrimination and unfair treatments will always be there.

But my principle is this, if I am not happy, I will let go. I will go and search the one who will make me at peace with my self. Because life is so short, life should be lived to its fullest, to our satisfaction, to our contentment. But no amount of money or material things will ever make me happy.

To be with my family, my friends, my pets, and my dreams will make me say:I am really happy.

What a Day!

Today is a very long day. I thought it will be an easy day at work but it turn out, it isn't. Whew!!!

Anyway, i'm just here in my flat doing nothing and observing my AC if it will fail to work as usual or not. Luckily, it just bogged down for 15 minutes and has been giving out cold air since then.

But tomorrow, I will have my new AC. It will be a split type and will solve my problem with the 8 month old window type one.

So, goodbye old AC, hello new AC. I will be able to sleep on the bed tomorrow, as I will sleep again on the floor tonight, hopefully for the last time!

Im Grateful to all of You

To all of you who has joined me praying for my mom's journey through a series of examinations regarding her cyst in her ovary, Thank you very much. The doctors' findings are better than expected. Though she still has to go under the knife, its a relief to hear its not cancer.

It is because you have prayed for her. Please continue to pray for my mom's recovery. Hopefully, on June 20, I can be at her side when she will have the surgical operation.

Again, thanks a gazillion times!!!

Subprime

Wikipedia's definition of Subprime lending, also called B-Paper, near-prime, or second chance lending, is the pratice of making loans to borrowers who do not qualify for the best market interest rates because of their deficient credit history.

As a former loans officer of a bank in the Philippines, these are loans with high interest rate & borrowers have poor credit history, and that makes it risky. A subprime describes the borrower and not the interest of the loan. But because it is high risk, it is not an ideal loan.

The risk here is the ability of the borrower to meet the obligation to repay. Mostly, these borrowers becomes the victims as the mortgaged properties are foreclosed or put under litigation.

As it is not ideal, it is a poor quality loan as opposed to best loans, where the borrower is able to meet the obligation on time, no matter how bad the economy is.

Subprime loan is below par, deficient and sub standard.

The question is, if the borrower is categorized as subprime, why are banks and other financial institutions approved the loan?

My Way

Many people choose the road that is wide and easy, where many people go. Other people choose the road less traveled.

I don’t want to go where many people go, or on the road where few people trace. I want to make my own roads, new roads where my I want to leave my own tracts and own trail.
A road unconventional but effective, maybe long or wide, maybe curved and dark. But these roads will lead me to what I want to be and had lead me to what I become, now.
There may be jeepneys, cars, or motorcycles. Or carriages drawn by a carabaos or horses. There might be bullet trains and trams, or planes and ferries. But one thing is for sure, I will make it there. Im getting there. On my own, my way…