Ricardo Tribaldos Hernández

Hace un par de semanas terminé mi MBA, después de dos largos años en INCAE (o Incatraz?).   Dos años muy difíciles por todos los obstáculos y situaciones complicadas a las que tuve que enfrentarme, pero que ahora, pensando en todas las cosas buenas que viví, en los amigos, en las fiestas y en tooodo lo que aprendí, no cambiaría por nada en la vida, hasta el momento, la mejor experiencia de mi vida.

Pero, ¿y ahora que?

Según muchos, no es lo mejor obtener un MBA en estos momentos, cuando el mundo atraviesa por la mayor crisis financiera de los últimos 50+ años.  Desde mi punto de vista, que estoy más preocupado por encontrar una buena idea para iniciar una empresa que por colocarme en un buen puesto, no estoy de acuerdo, ya que donde algunos ven crisis, otros vemos oportunidades (y muchas).

Hoy es, oficialmente, mi último día de vacaciones, ya que mañana empiezo a trabajar con el gobierno panameño, en el Ministerio de Economía y Finanzas.

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

For Your Personal Finance:

1. Keep and Save an Emergency Fund. Emergency fund is the most basic requirement that you must do in order to proof your finance against any financial disasters. It is recommended that you save at least 6 months of your living expenses as your emergency fund. However, if you are tight in budget, you should at least reserve 1-3 months of emergency fund for recession. The more you save, the more security you have during recession period.

2. Spend Wisely. Start a budget and spend your money wisely. Try to live below your income and not your credit. If recession really happens, you will need to tighten up your budget so that you have more money each month to pass the hard time.

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Every day, you hear a lot of news from media around the nation about recession. You have found that your colleagues, neighbors, friends and people around you are worried about recession.

Recession is really a word that can make people worry. However, if you are doing well in your personal finance, you won’t worry that much about this. In fact, recession also has its own benefits.

Let me show you the benefits:

1. Recession makes people frugal. One of the reasons people worry about recession is because their personal finance is not strong enough to fight with recession. The good news is worry can make people change. Many people will learn the lesson and be more frugal.

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