Core Principles of Financial Management and the Philosophy of Wealth

My dear Readers,

Please find below the core principles regarding financial management and the philosophy of wealth:

I. Principles of Wealth Acquisition and Retention

A. Money gravitates toward value and merit, rather than mere desire; it comes to those who genuinely deserve it.
B. Wealth retention is determined by prudent expenditure management rather than high earnings.

II. The Risks and Management of Capital
A. While money is a useful tool, it carries the risk of controlling the individual if proper boundaries are not maintained.
B. Capital preservation is critical; accumulated savings provide necessary security during periods of financial need.
C. Excessive focus on monetary accumulation risks compromising personal values and humanity.
D. Material desires inherently expand, meaning wealth alone will seldom satisfy all perceived wants and needs.

For your consideration.

Sincerely yours,

Benito L  Mabeza, CPA

New Senate Vocabularies

It is a late upload and shared for information of my dear readers.

Here are the new Senate vocabularies, new word with a twist: 

“Forthwith” - meaning four months 

“Escape”- free to walk away

“Itago” - to secure 

“Fugitive” - 6 months leave with pay 

My Profile & Contact

Benito L. Mabeza is a Filipino Certified Public Accountant (CPA) and corporate executive specializing in financial compliance, accounting, and internal controls. With over 30 years of professional experience across both local and international firms, he has built a robust career as a finance leader.

Key Executive Roles

Controller and Head of Compliance: He directs financial operations and regulatory standards at RMR Capital Inc. 

Comptroller: He previously served as the Comptroller of Manila Bankers Life Insurance Corporation & Kaiser Medical Clinics, a position he had held from 2020 until 2024.

Former Chief Information & Compliance Officer: He previously held this executive role at the publicly listed real estate company Kepwealth Property Phils, Inc.

Former Vice President for Finance:  He managed the provision of shared finance and accounting and advisory services for the Equicom Group, particularly for its health care companies.   

Hospitality Financial Controller: He managed pre-opening operations and financial controlling if the operations, operational budgets, and accounting systems for major international resorts in Vietnam, including the Furama Resort Danang and the Caravelle Hotel. 

Background and Expertise

Education: He finished his academic degree in Commerce and completed his higher studies at Mabini College.

Diverse Skillset: His combined 30-year track record covers external auditing, financial controlling, and managing outsourced or shared corporate finance for healthcare, leasing, and hospitality businesses.

Media: He shares financial wisdom by writing a dedicated column titled "The Wonderful World of Numbers & Figures.

Contact:  blmabeza@hotmail.com