Getting Out of Credit Card Debts: Dialogue with Sha Nacino

Sha Nacino is a sought-after inspirational speaker.

She has been  invited to give talks to some companies,  universities, and other related organizations all over the Philippines and abroad like Hong Kong, Malaysia, and Spain. She has also conducted seminar at Malacanang Palace to speak about her book on financial management, Money and Me.

Sha is an active member of  Toastmaster International and also a member of the Truly Rich Club. She has written nine books and a regular contributor of the  Truly Rich Club newsletter, Kerygma magazine, Toastmasters District Convention Souvenir Programme, and many more.

RBT:  Hi Sha. Thanks for your time. Could you please tell us your background? 

Sha: Hi Jun. I grew up to parents who are very loving and who showered us with so much love and affection. My parents were educators and both of them were passionate about learning and teaching. They were the ones who influenced me to learn and share. I graduated with a degree in B.S. Business Economics from University of the Philippines – Diliman.

RBT: Tell us something about your practical experience why financial literacy is important? You mentioned in your blog about a certain point in your life where you don’t have money to buy a decent lunch?

Sha: In my first year as an employee, I got buried in credit card debts. I wanted to quit my job but I couldn’t because of two reasons. The first one is that I didn’t have any savings and I had to pay off my credit card debts first before I can quit my job. The second one is that I didn’t know what to do in case I resign.

                           Sha at ANC On the Money (Channel 2)

At one point, I only have 50 pesos left before the next salary arrives. I couldn’t even buy myself a decent lunch.

That inspired me to work on my finances. I read books. I attended seminars. I sought mentors.

After three years, I finally zeroed out my debts and I started to save.

RBT: How important is the mindset in handling money?

Sha: That’s the starting point. You have to have the right mindset about money. We are stewards of money and we have to use our money wisely. As Bro. Bo Sanchez would always say, “The ultimate purpose of money is to love others.”

RBT: How do you advise people who are currently suffering on huge amount of debt specially OFWs?

Sha: There’s always hope. I encourage you to read books on money. Read Bo Sanchez’s books and my book Money & Me

RBT: Any workable tips for those people with overspending habits and impulsive buying? Do they still have hopes?

Sha: Of course, there’s hope. Define your financial goals. For example, do you want to live in a big, beautiful house? Do you want to provide for your family and have more time with your family without working overtime or working overseas?

Sha with Dr. Larry Gamboa and Edward Lee of COL Financial

Then every time you are tempted to buy things you don’t need, think about your long-term financial goals.

I encourage you also to invest in your financial education by reading books or attending seminars.

RBT: I’m sure you met a lot people who are struggling to achieve their financial freedom. How do you inspire people about improving their finances?

Sha: Money is a sensitive issue. I can only inspire people to learn how to manage their money wisely. At the end of the day, it’s still their decision how to spend their money.

RBT:  “I am still young and I don’t think I have to be serious on saving and investing.” How would you respond to this mentality?

Sha: That’s a common notion and misconception. I encourage the young people to read “Rich Dad, Poor Dad.” That was the first book that broke my very same notion that I’m still young and therefore, I don’t need to be serious in saving and investing. I highly recommend that book.

RBT: Can you share with us your experience when you gave a talk at Malacanang Palace?

Sha: It was a beautiful experience to be able to inspire the people who work in Malacanang Palace.

RBT: When did you start writing? Is writing for everyone? What motivates you to write?

Sha while giving presentation to students

Sha: I started to write in 2008. I believe writing is one of the best ways to communicate a message. For instance, when you write books, you only write the book once, and it can be printed a hundred or thousand times. So it’s like you talking to thousands of people one at a time.

RBT: What are the challenges and opportunities of being a writer?

Sha: It requires dedication, commitment, and putting in long hours. It is a powerful way to inspire people. It opens opportunities to be invited as a speaker. It builds your credibility as well. A book is a powerful marketing tool. 

RBT: Please tell us more about the “90 Days Writing Book Challenge?”

Sha: It’s an online course that will teach you how to write your book in 90 days even if you’re not a writer. There’s also a book launch at the end of the challenge. I also teach how to publish your book and how to market and sell your book. To know more about the course, visit

RBT: For OFW who are currently reading our blog, what do you think are the biggest challenges and opportunities that the Filipino families are facing today in terms of money management? Any general advice for them?

Sha: I have high respect and regard for OFWs. You’re doing a great job. You sacrifice for your family. Thank you for what you do. I would like to give you this free resource. It’s my interview with Bro. Bo Sanchez and he has a beautiful advice for OFWs. You may download it for free here.

RBT: Thank you so much Sha for your time.

Sha: Welcome, Jun.

And my God will meet all your needs according to the riches  of his glory in Christ Jesus.  — Philippians 4:19, NIV


Richly blessed,

P.S. 1. You may also download Sha’s  free eBook “How to Earn while on Vacation” here.

P.S. 2  Are you an OFW? I encourage you to join  the Truly Rich Cub (TRC) if you want to be financially literate: Join TRC Today!