“10-20-70”

No it will not be the winning combination later. It’s actually “The Abundance Formula,” shared by “much sought-after Catholic lay preacher and bestselling author” Bo Sanchez in his latest book.  I received a copy of this book last March 22, from Quick and Fast Credit Cooperative (QFCC) chairman of the board Mel  P. Tadeo, but due to work related activities I finished reading the 132-page book only today. It’s a very powerful book. Everybody should grab a copy, (if you become a member of QFCC this will actually be given to you for free after your pre-membership seminar :)), because it’s life changing. Trust me, after reading this book you will have a different view of life and living in general.

Bro. Bo really follows what is being taught in journalism school: “Write as you talk.” Reading his book gives you a feeling that you are just talking to him face to face. If you have seen him in person, you can actually visualize his facial expression as you read the book. It’s really personalized. He writes with spontaneity and so much heart. Every word counts and each sentence leaves you nodding in agreement.  Moreover, each chapter inspires you to apply everything he shares in the book.

“10-20-70” actually refers to how you divide your monthly income upon receiving it: 10% tithing, 20% investment and 70% expenses. Tithing means giving back to the Lord who is the source of your blessings. The book specifies the between tithing and giving alms and donations to the destitute or needy. Your tithe should be brought to the ‘temple” meaning house of God. It’s the money you lift out from your pocket during offertory. So if you donate to charity that is a different story. But don’t worry because it has been proven a lot of times already how truthful and accurate the saying that goes, “The more you give the more you receive.”  The book discusses too which shall be the basis of the 10% tithe: gross or net income? Bro. Bo provides a funny story in addressing the question.

He provides tips as well as to where it is appropriate to invest the 20% of your income as he also stresses the need to live simply. I so love these lines from the book about living simply: "Don't allow material things to define who you are. Be defined by your relationship with God." In fact these lines solidify my decision not to renew my postpaid plan with my present communication network. Instead I will acquire a cheaper plan that will not only suit my need but at the same time make me save a thousand pesos. Thank you Bro. Bo!     

   And since he has actually proven the effectiveness of the “10-20-70” formula, Bro. Bo is confident that you will eventually upgrade it to “20-20-60” when blessings gradually come in and abundance is within your reach. He points out that it is not a sin to aspire to be wealthy as long as your intention of becoming rich is for the good of the greater majority. Bro. Bo points out you cannot help the needy if you yourself is financially broke.

But yes, tithing will not be an easy thing to do. In fact a year or two ago, I really had a hard time doing it. I used to give only what is left of my money, meaning after I have paid everything—house rent, electricity, water, food, and debts. Therefore, it was not actually 10% of my monthly income that I gave back to the Lord in those times. Tithing for me, takes a lot of courage to do which is possible only when your faith is very strong and mature. For faith is about believing that God will never forsake you, that He will be there for you always. It is about being convinced that He will provide for you after you have given ‘Caesar what is for Caesar.”

And polishing, strengthening once faith does not happen overnight. But actually it will duly happen as you go through life every day. The struggles, problems, disappointments, and failures are actually not stumbling blocks. They are actually the most effective ingredients for you to grow in faith. Because when you have all these challenges in your midst, there is nobody whom you can turn to and you are only left with two options: kneel down and be humbled, then raise your arms in surrender to God. Therefore, embrace your problems, be thankful when you are tested because after that storm, a rainbow shall come out and you shall become a better and a stronger child of God.

 Grab a copy of “The Abundance Formula” by Bo Sanchez then to learn more and for you to taste your first million in due time.

(For investment opportunities, keep in touch with us at QFCC because we do not only “Help People Help Themselves,” but we also teach you how you can “Save, Earn and Share,”all at the same time).