Pisobilities

(Financial Education & The Internet)

Francisco J. Colayco
ICTO Knowledge Exchange Conference
Century Park, 22 July 2014
“Part of what you earn is yours to keep”
Core Principles

Pay Yourself
FIRST
Technology Market NEEDS WANTS

80 20
Accounting
Know-how
Obligation to ACTIVE PASSIVE

build wealth
over our
Active
Entrepreneurship lifetime
MINDSET Leverage
Compounding

Asset
Passive Allocation
Entrepreneurship

www.colaycofoundation.com • Email: Info@colaycofoundation.com • Telephone No: (+632)637.3731 • Hotline: (+63917) 853.7333

 How much should I invest per month to
Accumulate PhP 1M in 10/20/30 years?
REQUIRED REQUIRED REQUIRED
SAVINGS/MO TO SAVINGS/MO TO SAVINGS/MO TO
ACCUMULATE ACCUMULATE ACCUMULATE
PhP1.0M (10yrs) PhP1.0M (20yrs) PhP1.0M (30yrs)

8% PHP710
PHP 5,550 PHP 1,760

12%
PHP 4,500 PhP 1,100 PhP330

15% PHP 3,850 PhP 760 PhP 180

Evolution of Society & Education

• Agricultural Society

• Industrial Society

• Information Society
 Agricultural Society
Required Skills: Measure of Wealth:
 Reading Land Holdings
 Writing
 Arithmetic

School:
One-Room
Schoolhouse
 Industrial Society
Required Skills: Measure of Wealth:
 basic language Factories
 basic production
 analytical

School:
Factory Model
 Today’s Information Society
Required Skills: Measure of Wealth:
Market Reach &
 Basic Language Skills
 Ability to Organize Resources Debt Capacity
 Collaborate with Others
 Understand Complex Work Systems
 Work with a Variety of Technologies
 Locate, Evaluate and Use Information
 Computational Literacy

School:
Digital Education
 Skills needed in 21st Century
• 21st Century Literacy
• Ability to read, write and compute with
competence
• Think analytically
• Adapt to change
• Work in teams
• Use technology
• _X_% of all jobs require skills in technology
use
• Internet provides the medium for all of
these
 Current Resources In-Play

• 7B+ Cell phones in use world wide

(Philippines: Globe 35M; Smart 65M)

• 5B+ Cell phones with web access

• 1.6B+ Smart phones

• 2.4M Apps
 CFE Environment
Colayco
Foundation for
Education, Inc.

Website for Tri_Media &

OFWs
interactivity & sms for
SCHOOLS
publications for sustained
INDUSTRY
educations exposure
PUBLIC

Seminars &
workshops for
empowerment

www.colaycofoundation.com •
Email:
Info@colaycofoundation.com •
Telephone No:
(+632)637.3731 • Hotline:
“ None of us is smarter
than all of us”
……“Anonymous”
 THANK YOU
Tel. No. 6373731 / 6373741
Text Hotline: 0917-8537333
website: www.colaycofoundation.com
email: info@colaycofoundation.com
 ICT Revolution: It’s Here, Now

Before Today

Info Storage Filing Cabinet Database/Clou

d
Money Hard Cash Electronic Cash

Communication Mail, Telephone Email, VOIP

Research Library WWW

Docs Processing Minutes, Hours “One Klik”

 THE PENTAGON SOLUTION
(Basic Education)*

Technology Integration for Faculty/Management)

System Curriculum
Management Resource (CRES)

Telecom V.A.N.S. Infostructure

* The Net Curricula Inc. Solution