Skip to main content

After Noche Buena, No More Pera (Money) for the New Year Because...?

 

Well, it's the day after the Noche Buena and I'm wondering if some people are still hoping for some Christmas magic. The illustration above has a person who says, "You can do it. Please reach the goal." and "Just a bit more." The end goal says "New Year". People are complaining about inflation (even calling it the "highest in the world" as if we're in Venezuela) because they probably feel the need for lavish celebrations (read here). That's what I find on Facebook where people complained about the rising prices of whipped cream and lechon or roasted pig (to name a few). However, some people are still choosing to overspend even while they whine about inflation on social media. 

Noche Buena celebrations could be very lavish. As I love to mention, my former neighbors downtown tend to celebrate lavishly. It's not enough to get high-fat foods for the feast. Some even try to hire a band to play for them. Some party and get drunk even past 12 midnight. Though, one must remember that the Noche Buena isn't the only time to waste money. What do you expect from people who spend the money the moment they receive it (read here)? Talk about living paycheck to paycheck and splurging on the money. The wasteful habits persist from January to November so when December comes--they'll hardly have money. Maybe, they decided to get the Christmas bonus and 13th-month pay and decided to well, splurge the bonus. I guess it's already a common tradition to get the money and waste it only to realize you have no money. 

It doesn't help for people who have the mentality of "Bitter? Just add sugar!" (read here). My childhood nanny tends to fire that statement which irritates me to no end. I hear that statement all too much and it makes me angry. I only ended up shouting, "You people do this and that then you wonder why the nation doesn't improve?" They have the mentality that if it's bitter the best way to deal with it is to add some figurative sugar. I've even noticed how some people add ridiculous amounts of sugar to almost anything. You can tell them the full benefits of drinking tea or coffee without sugar then they'll just say, "Bitter? Just add sugar!" I noticed how some people try to forget about their problems (such as debts piling up higher than Smokey Mountain) by celebrating instead of paying off their debts. Talk about trying to solve one's debt with more debt

The  Noche Buena becomes as excessively sweet as possible. They already had ridiculous amounts of figurative sugar when they wasted their Christmas bonuses and 13th-month payments. Maybe, as soon as they got their year-end extra money, they decided to do stuff like going gambling instead of investing (read here). They would probably choose to settle for trying to win big with Axie Infinity instead of paying AXA financial programs (read here). They set up that expensive Noche Buena that they know they can't afford. What's important to them is not paying their debts but having a good time. I guess the mentality of "Bitter? Just add sugar!" is another phrase for escapism. How can having a sweet-loaded Noche Buena even solve their problems if they have debts higher than Smokey Mountain? Escapism solves nothing whether you like it or not. 

I could just imagine when the bank opens for the remaining banking days this year--wastrels will discover they're in trouble. They may have mountains of loans and credit card bills to pay. However, they might just say, "Am I bitter to you? Please add some sugar!" I could imagine the faces that could be when they see that the bank book hardly has any balance for the new year. The "solution" may end up borrowing money from someone else. This would just end up adding financial burden to financial burden.  What do you expect from a person who lives with the mentality of, "Bitter? Just add sugar!" They'll probably just keep having a good time then maybe blame better who are better off for the problem they caused themselves. 

I feel Decembers are the worst time of the year. However, January seems to be rather sweetly vindicating (read here). By January, I might expect the song "Dayang Daya" (Cheating Cheating) by the late Max Surban to play in full-blast (read here). I could think of the five-six lenders riding their motorcycles looking for people who owe them money, Maybe, I could finally fire back at them and say, "Well, how's adding sugar to the bitter solved your problem?" 

Popular posts from this blog

Hussam Middle Eastern Cuisine's New APM Prime Mall Location

It was sad when I went to Ayala Center Cebu to eat at Hussam Middle Eastern Cuisine. They had closed their office at Il Corso. They moved out of Ayala Center Cebu at the end of January . I remember talking to someone who said that the old location can be "very hard to find" when you enter the mall. Right now, I remember how trying to find Hussam in Ayala can be comparable to trying to find the magic lamp in Aladdin's  Cave of Wonders. That's what I felt back then, I ate at Hussam back in 2024 . Ayala Center Cebu probably had a low visibility problem. They had their soft opening on Black Saturday. They missed the Hari Raya Puasa date, a holiday for the Muslim population. This time, the use of glass walls makes it obvious to passersby that it's a Middle Eastern restaurant, that grilling is underway, and that it's certified halal .  The place still maintains the same pristine cleanliness I recall from Ayala Center Cebu. The place's transparent glass windows ...

Toxic Positivity: Shielding Our ECONOMICALLY OUTDATED Constitution

ABS-CBN News I thought about what life was like in the late 1990s. It was a boomer vs. millennial clash . I remember how often I kept complaining about high school during the K+10 era. Even worse, the real problem why I hated school was that school cared more about grades for the sake of grades , instead of teaching students how to get good grades based on learning first. What may have compounded it is that we've had boomer parents who thought that fatigue is a badge of honor .  What I realized is the common problem of toxic positivity . We have the "good vibes only" or "everything will turn out right in the end". Sadly, life doesn't always turn out that way. You can tell a terminally ill cancer patient that, and the cancer patient would die anyway. No amount of toxic positivity ever fixes the problem. This time, I'd like to rant once more about how toxic positivity has been used to defend the outdated 1987 Constitutio of the Philippines.  The classic r...

How is IBON Foundation Viewing and/or Representing FDI in Their Articles?

Some time ago, I wrote about why I can't take IBON Foundation seriously . As the battle for economic charter change is on, I believe it's time to tackle them again. They're tweeting here and there. Okay, I'm no researcher or organization. However, it doesn't mean that I can't do some basic research, share the research of others, and read other books. Even an intellectually stupid person can actually make sense if they gather the best materials. I even recall someone I know who's not intelligent but he actually spoke well about career opportunities, in the very school where he wasn't performing well! Trying to understand IBON's data presentation  I would like to address how IBON Foundation presents FDI growth. They would say stuff such as the claim job creation weakened despite FDI growth .  I was looking at IBON Foundation's claim (above) where it says that job creation allegedly weakened despite FDI inflows. Sure, they named sources but do they ...

A Destructive Obsession with Ayuda (Cash Handouts)

IBON Foundation Yesterday, I decided to write about how Pinoy Pride won't help pay that enormous PHP 13.42 Trillion debt . I thought I'd probably take a bit of a break to do some more research. However, I feel the need to write this post today since one of IBON Foundation's articles says that there's a destructive fetish for foreign investment . Then, another of IBON Foundation's articles says that there's money for Ayuda . I really feel insulted reading these since I'm a Masters Degree graduate in the School of Business and Economics. This really shows the destructive obsession with ayuda (cash handouts) and protectionism. IBON Foundation Above is one of IBON Foundation's charts. Some people on Facebook have gone as far as to call them Birdbrain Foundation. So what if there's money for ayuda or cash handouts? The problem here is that "think tanks" like IBON Foundation want to make it look like ayuda is more important. If asked to account ...

Why I Don't See IBON Foundation as a Real Economic "Think TanK'

It's one thing to criticize presidents for their performance. It's another without analyzing the data. Sure, we need to study mathematics but the way it's presented can be a reason why it's hated. I felt that high school mathematics focused too much on numbers. Mathematics, in all its aspects, is part of life. Trigonometry is part of life. Calculus is part of life. Statistics is part of life. Speaking of statistics, I was thinking about how IBON Foundation has given its assessment of Duterte's administration. This isn't to say that outgoing President Rodrigo R. Duterte hasn't made mistakes. Rather, this is to point out how IBON Foundation has that tendency to be illogical. IBON Foundation (click to enlarge) This data by IBON Foundation was gathered. I'm not saying that the figures are lies or manipulated. My problem with how IBON Foundation works is their failure to account for the cause and effect  more often than not.  Malaya Business Insight It's ...