Jinkee Pacquiao might best be known as the wife of pound-for-pound boxing champion Manny Pacquiao, but, the truth is, she's a force to be reckoned with in her own right. A dedicated momtrepreneur, Jinkee co-manages her family's finances with her husband and runs several businesses, including a coffee shop, a boutique, and a printing press. In the September 2011 issue of Good Housekeeping Magazine, this enterprising mom talks about her life before and after Manny started winning fights in the boxing ring and how she manages their businesses while handling the problems that come with her husband's fame. Read on to find out what advice Jinkee has for moms who also take charge of their family's finances!
1. NO MATTER HOW MUCH YOU HAVE, HAVE A PLAN.
“Pag wala sa plano, magtataka ka na lang, mabibigla ka na lang na, ‘Ba’t ubos na?’ (If you don't make plans, you just wonder, 'Where did all the money go?')” says Jinkee.
2. DON'T BE BLINDED BY WINDFALLS.
Even if you or your hubby has a big paycheck, you still have to save. “Pagdating sa money, maging wise [ang moms] (Moms should be wise when it comes to money)," Jinkee shares. "Kagaya sa akin, hindi forever ’yung trabaho ni Manny kasi ’yung boxing talagang pag malakas ka lang. Kailangan nagse-save talaga para sa future ng family. (For example, Manny's work isn't the type that lasts forever. Boxing is something he can only continue while he's still strong. That's why it's important to save for your family's future.)"
"’Yung mga boxer din dati na nag-succeed, naging successful, pag nag-retire na sila, wala na, parang kawawa sila. Ayoko namang maging ganun. Kailangan maging role model si Manny sa mga boxers kumbaga. (There have been other boxers who have been successful, but who lost everything after they retired, which makes you feel bad for them. I don't want that to happen to us. In a sense, Manny has to be a role model for other boxers.)”
3. SECURE YOUR KIDS' FUTURE.
The Pacquiaos’ top priority: their kids. “Dapat i-secure muna ’yung sa mga bata bago ’yung gastos sa labas. Kailangan unahin talaga sa kanila. After boxing, syempre binibigay na ’yung kita, ’yung purse money—talagang nililista namin kung magkano sa mga bata, magkano ’yung sa mga expenses, tapos magkano ’yung sa aming dalawa. (You should secure your kids' finances before spending for other reasons. You really need to put them first. After boxing, when we get the purse money, we list how much will go to the kids, how much we'll use for expenses, and how much will go to the two of us.)”
To find out more about Jinkee's life as a momtrepreneur, grab a copy of Good Housekeeping's September 2011 issue out on stands now!Also in this issue:
- Money Secrets of Those Who've Made It: 40+ Tips from Entreps, Experts, and GH Moms
- 7 Tips for Raising a Successful Child
- Jeans, Dresses, and Shoes at P500 and Below!
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Want to find out more about Jinkee? Check her out in these galleries and articles:
- Anne Curtis, Bianca Gonzalez, and More Stars Share Their No-Fail Feel-Good Songs
- Power Pairings: 20 Celebrity Couples with Clout
- Jinkee's Woes on Pac-Man's "Women" + 5 Laws to Lay Down for a Ladies' Man
(Photo by Ocs Alvarez)
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