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Want to look like Federer?

LOCAL tennis fans and practitioners in search of quality replica game wear items may want to check out the latest items at UNIQLO as it launches the Roger Federer Game Wear collection.
Available starting today at UNIQLO Manila in Glorietta 5, the collection features the replica gamewear to be worn at the 2019 Australian Open by its Global Brand Ambassador Roger Federer.
The new game wear model was created by the design team at the UNIQLO Paris R&D Center, led by Artistic Director Christophe Lemaire, in consultation with the international tennis player.
The Federer model features a new open collar instead of the stand collar of the previous collection. The color is a deep blue to contrast with the blue hard courts, accented with white piping on the shirttail.

Roger Federer Game Wear 2
UNIQLO’s RF Dry EX Polo shirt

Functional elements include a fully mesh back to provide good breathability, allowing for high-performance play.
It is made with Dry EX material, jointly developed by UNIQLO and Toray Industries, making the collection’s shirts and pants dry faster than ordinary dry function material, preventing the steamy and sticky feeling due to perspiration and keeping a comfortable feel during play.
“As the defending champion, I want to play my best so that I achieve a great result again this year. Working closely with the UNIQLO product development team, we have created a highly refined match outfit that provides the functionality I need to play my best on the court while also making sure we pay careful attention to design and detail. I’m looking forward to stepping on the court in Melbourne with the new designs,” said Mr. Federer of his new UNIQLO game wear collection.
The Swiss legend incidentally begins his Australian Open title defense today.
Mr. Federer is part UNIQLO’s growing list of global brand ambassadors which includes Kei Nishikori (tennis), Shingo Kunieda and Gordon Reid MBE (wheelchair tennis), Adam Scott (golf), and Ayumu Hirano (snowboarder).
The RF Dry EX Polo shirt, with sizes from small to extra large, is sold for P1,990 while the RF Dry Short Pants are also available. — Michael Angelo S. Murillo

T-bills likely to fetch lower rates

TREASURY BILLS (T-bill) on offer today are expected to fetch lower rates as market participants continue to price in decelerating inflation, as well as the peso’s recent rally.
The Bureau of the Treasury (BTr) is offering P20-billion worth of T-bills today, broken down into P6 billion each for the three- and six-month papers and another P8 billion for the one-year instruments.
A bond trader said yields on the short-term securities up for auction will likely decline from the previous offer as price increases are expected to return to their normal pace in the coming months.
Last week, the Treasury borrowed P16.72 billion out of the P20 billion it intended to raise at its T-bills auction, rejecting some bids for the shortest tenor as market interest was skewed towards the longer tenors.
Rates of the 91-, 182- and 364-day papers stood at 5.411%, 6.424% and 6.641%, respectively.
Based on the PHP Bloomberg Valuation Service Reference Rates, the three-month, six-month and one-year papers were quoted at 5.798%, 6.436% and 6.644%, respectively, on Friday.
For today’s auction, the trader expects the 91- and 182-day IOUs to fetch rates 10-15 basis points (bp) lower from the previous offer and the 364-day T-bills ending 10 bps lower as inflation is seen to return to the 2-4% target band of the Bangko Sentral ng Pilipinas (BSP) “within first or second quarter of the year.”
Headline inflation eased to 5.1% in December from 6% the previous month as prices of food and transportation grew at a slower pace.
For 2018, inflation averaged 5.2% — faster than the central bank’s 2-4% target range and the highest since 2008’s 8.2%.
“On the interest rate increase in the US, we might see them increase their rates by one to two times this year, from the previous [expectations of] two to three,” the trader added.
Federal Reserve Chairman Jerome Powell recently said the US central bank will be “patient” with its monetary policy as it watches how the economy performs this year.
Meanwhile, another trader said the rates of the three- and six-month securities will be lower by 10-20 bps from the previous auction, while the three-month T-bill’s yield will slide by 5-10 bps from last week, as the peso remains strong.
The peso has been strengthening against the dollar in the past few trading sessions amid increased market appetite for riskier currencies.
“Aside from the strong peso, the long end of the yield curve already rallied, so the short-end should be aligned with the long end,” the second trader added.
The government plans to raise P360 billion this quarter through domestic means. Some P240 billion will be borrowed through 12 weekly T-bill auctions during the three-month period, while P120-billion worth of T-bonds will also be issued through six fortnightly auctions. — Karl Angelo N. Vidal

SGX to help PSE develop derivative products

THE Philippine Stock Exchange, Inc. (PSE) is teaming up with the Singapore Exchange Ltd. (SGX) to develop listed derivative products that could make the local market more accessible to international investors.
In a joint statement issued over the weekend, the PSE and SGX said they are looking to develop new Philippine equity index derivatives that will be listed on the local bourse.
“We are laying the groundwork for development of derivative products to enable PSE to offer a more diverse product line to investors and help us catch up with peer exchanges. Our partnership with SGX will allow us to learn from their experience in operating a derivatives market,” PSE President and Chief Executive Officer Ramon S. Monzon said in a statement.
A derivative is an investment product whose price tracks the value of underlying assets such as stocks, bonds, commodities, currencies, and market indices.
Back in 2013, the two exchanges also partnered for the listing of the SGX-PSE MSCI Philippine Index Futures in the neighboring market. SGX is the largest exchange in Southeast Asia, which also has India, China, and Japan stock market futures.
In this type of derivative product, an investor agrees to purchase an index at a specific time in the future, protecting the seller from fluctuations in the market. The investor then makes a profit if the price turns out higher, and vice versa.
“We are pleased to broaden our cooperation with PSE to advance the Philippine derivatives market,” SGX Chief Executive Officer Loh Boon Chye said in a statement.
“As domestic and international markets are complementary, this enhances our role in increasing access into ASEAN and emerging Asia, as well as providing tools for clients to manage risk and allocate capital.”
The PSE said it will also work with the Securities and Exchange Commission (SEC) and other stakeholders for the development of rules and regulations to list and trade derivative products.
It also noted the vast opportunity to invest in the ASEAN region, which if taken as a single country would generate a gross domestic product of more than $2 trillion. This makes the ASEAN among the 10 largest economies globally.
Local regulators have been working on enhancing investment opportunities within the region.
Earlier this year, the SEC released proposed guidelines to implement the ASEAN Capital Markets Forum pass, which looks to allow the free movement of investment advisers in the ASEAN region. The draft circular states that the Philippines, Malaysia, Singapore, and Thailand will facilitate cross-border movement of investment advisers, without additional licensing requirements. — Arra B. Francia

India considering raising sugar selling price

NEW DELHI — The Indian government is considering raising the minimum selling price of sugar, television news channel ET Now reported on Friday.
Prime Minister Narendra Modi’s office was directly examining the proposal, ET Now said quoting sources.
The move is likely to help farmers, who are struggling to export their surplus due to fall in global prices and a strengthening rupee.
India’s sugar exports are likely to be far lower than a 5 million-tonne target set by New Delhi despite a government push for overseas sales, industry officials said. — Reuters

Dior switches Paris catwalk date to avoid ‘yellow vest’ protests

PARIS — Christian Dior is bringing forward its men’s fashion show in Paris to avoid “yellow vest” protesters who have fought police, torched cars and smashed up shops over recent weekends, a source familiar with the decision said.
Dior, part of the LVMH luxury goods conglomerate, wrote to guests to reschedule a menswear catwalk show initially planned for Jan. 19 — a Saturday, when protesters have tended to converge on Paris and other big cities across France.
The show will instead be held on Friday, Jan. 18.
Upmarket Dior and Chanel boutiques were among those vandalized by the protesters in early December.
The “yellow vest” revolt, driven by high living costs and frustration at President Emmanuel Macron’s leadership, shows scant sign of abating after two months of unrest, even after he made some tax and minimum wage concessions.
Retailers and hotels were hit particularly hard by the Paris demonstrations in the run-up to Christmas. Department stores and luxury boutiques shuttered their outlets when protests descended into riots in early December, and tourists canceled bookings.
The source familiar with Dior’s decision said the brand was keen to avoid the Saturday street marches.
While turnout at the protests has fallen from early weeks, they have been consistently marred by violence and transport has been disrupted.
Macron’s government has said it will crack down harder on unauthorized protests and get tougher on anyone who loots or vandalizes shops and monuments.
Retailers had by late December lost around €2 billion ($2.3 billion) in revenue since the protests began, according to the French retail federation (FCD), which regroups everything from big supermarkets like Carrefour to toymakers and luxury brands.
Department stores and other shops are hoping to make up for lost business as the January sales kick off.
Fashion weeks, which attract crowds of specialist buyers and industry fans, are also an important source of income for Paris, home to some of the world’s more prominent high-end labels.
The menswear shows follow others in London and Milan, and precede the womenswear season of presentations running through February and early March.
Other high-profile fashion brands including Dior’s LVMH stablemate Loewe are maintaining their Saturday menswear shows.
The French fashion and Haute Couture federation that organizes Fashion Week in Paris said it was working with state authorities to ensure the presentations run smoothly and take place “in the best possible conditions.” — Reuters

AboitizPower open to overseas acquisitions

ABOITIZ POWER Corp. remains open to further acquisitions, possibly going beyond the Philippines in its expansion plan, a company official said.
“We’re always on the lookout,” Emmanuel V. Rubio, AboitizPower chief operating officer, told reporters last week. “There are [target] projects that are very close to decision.”
On overseas expansion, he said the company was scouting for opportunities in Vietnam, Myanmar and Indonesia.
“Other than technology, it’s also location, what services are being provided by those facilities, not just technology… We’re technology-neutral, we’re more about the value that the plant is providing,” Mr. Rubio said.
“We’re always on the lookout in terms of renewable development, but moving forward I think we have a number of sites that can possibly be expanded,” he added.
The appetite for further expansion comes after AboitizPower in September last year agreed to acquire voting and economic stakes in the thermal power company of Ayala-led AC Energy, Inc. for $579.2 million.
The acquisition will give it a 49% voting stake and 60% economic stake in AA Thermal, Inc. The deal is awaiting approval from the Philippine Competition Commission (PCC).
AC Energy’s thermal platform initially consists of its partnership interests in GNPower Mariveles Coal Plant Ltd. Co. and GNPower Dinginin Ltd. Co.
GNPower Mariveles is the owner and operator of an operating two-unit coal plant in Mariveles, Bataan each with a capacity of 316 megawatts (MW). GNPower-Dinginin is developing a supercritical coal-fired power plant with two identical units with a net capacity of 668 MW each.
Once the transaction is completed, AboitizPower’s ownership in the Mariveles coal plant will increase to 78.325%, and in the Dinginin coal plant project to 70%. The Mariveles plant has been operating since 2013, while the first unit of the Dinginin plant is expected to go online in 2019.
“We’re still waiting for the [PCC] approval for Dinginin… Siguro mga (Maybe in) two to three months,” Mr. Rubio said.
He noted there is also room for expansion in Therma South, Inc. (TSI), its 300-MW coal-fired power plant in Davao City that started commercial run in September 2015. The power plant supplies baseload power to more than 20 electric cooperatives and distribution utilities in Mindanao.
In July last year, AboitizPower took possession of the land-based power plant in Naga City, Cebu after years of legal tussle over the ownership of the asset with SPC Power Corp.
“We believe Naga is going to be providing an important service to the grid. We’re upgrading it, making it more reliable, expanding the capacity. After the rehab we expect that to be 45 MW compared to, I think, 22 [MW] before,” he said.
Mr. Rubio said AboitizPower is on track to hit its goal of 4,000 MW in sellable capacity by 2020. Its net attributable capacity as of mid-2018 was around 3,000 MW.
Additional capacity was scheduled to be added starting last year — from the 420-MW third unit of Pagbilao Energy Corp., the 68.8-MW Manolo Fortich hydro power plant of Hedcor Bukidnon, Inc., and the 340-MW coal-fired power plant of Therma Visayas, Inc. — Victor V. Saulon

Brexit uncertainty hits brewing barley sales to EU

LONDON/HAMBURG (Reuters) — Sales of British malting barley to European Union brewers and malt producers for delivery after Brexit have come to a virtual stop because of uncertainty about future trading relations.
The standstill in so-called forward export sales for delivery in coming months means UK farmers are not able to take advantage of current attractive prices and are losing business to other EU suppliers, traders said.
“They have essentially lost market access at this point of time for forward sales which is frustrating because commercially it is the right thing to do, forward prices are high,” said Jack Watts, chief combinable crops adviser with the National Farmers Union, which represents farmers in England and Wales.
Britain, which counts barley as its second most important arable crop after wheat, is due to leave the EU on March 29 and there is still no final deal on future trading terms.
Forward sales of malting barley for delivery after this date have not materialized, traders said.
“It is certainly true that German importers are not currently buying British malting barley. This is because of the uncertainty with Brexit, or with no Brexit or whatever,” one German malting barley trader said.
SPONSORED
“The great problem is that it is not currently possible to make a commercial calculation because it is not known if malting barley supplies you buy from Britain now for delivery in later months will face some form of EU import tax/customs duties,” the trader added.
“There is a commercial risk which is too large to take.”
Traders said German importers had transferred their buying interest to other EU suppliers, especially France, which had a big crop last summer.
“If there is a very hard Brexit with full EU import duties on British barley, Britain will (also) have to compete against other outside suppliers such as Argentina,” one trader said.
One of the hottest summers on record in west Europe last year combined with drought to cut malting barley crops in regions including Germany, Poland and Scandinavia, boosting demand for supplies from exporters such as Britain and France.
Another German malting barley importer confirmed there had been no demand for UK supplies despite Germany having a large import need.
“Advanced import purchases of British malting barley are not possible in this environment and so purchases are not being made,” the importer said.
British traders said forward sales of other grains such as wheat to the EU were also at a standstill, although that was largely driven by a poor crop last summer.
“It has not really mattered so far for exports other than malting barley,” one exporter said, adding a poor wheat crop last summer meant Britain was a net importer this season and so prices were driven by the domestic market. — Reuters

Calvin Klein to close New York flagship store as brand shifts strategy

CALVIN KLEIN is closing its Madison Avenue flagship store in New York this spring as the fashion label shakes up its strategy.
The apparel maker owned by PVH Corp. said it would begin using a “digital-first” approach and reorganize its North American division, combining operations in sportswear and jeans. Its higher-end Calvin Klein 205W39NYC business will get a makeover as well, relaunching with a new name and creative direction. Designer Raf Simons left in December.
“Our industry is witnessing a historic transformation in consumer behavior,” Chief Executive Officer Steve Shiffman said in a statement. It’s especially important now to meet customers’ desires for “culturally relevant products and experiences.”
The Calvin Klein brand has struggled to draw shoppers with its new initiatives. Emanuel Chirico, CEO of parent company PVH, expressed disappointment in the brand’s 205 collection and jeans business on a conference call with analysts last quarter.
Early signs show retailers had a rough time for fourth-quarter earnings
The flagship is at 645 Madison Ave., at East 60th Street. Shiffman said Calvin Klein is currently evaluating options for new retail locations, though he did not specify where. Management wants to grow Calvin Klein to $12 billion in global retail sales “over the next few years,” Mr. Shiffman said. — Bloomberg

LANDBANK books higher profit

LAND BANK of the Philippines (LANDBANK) saw its bottom line rise in 2018, supported by the robust growth in its lending business.
The state-owned LANDBANK booked a P15.5-billion net income in 2018, up 10% from the P14.1 billion logged a year ago.
LANDBANK President and Chief Executive Officer Alex V. Buenaventura attributed the lender’s “exceptional” performance last year to the “significant” growth in its lending book.
“We achieved exceptional performance in 2018 with our net loan portfolio expanding significantly by 37% or more than P220 billion to reach P840 billion,” Mr. Buenaventura said in a statement over the weekend.
He added that the lender saw improved net income last year as it continued to expand support to its priority sectors, which include agriculture, cooperatives, agri-businesses, small and medium enterprises as well as local government units.
LANDBANK also grew its deposit base to P1.66 trillion as of end-2018, up 17% from the P1.42 trillion tallied in a comparative year-ago period, as deposits from the private and government sectors increased.
On the other hand, the lender’s capital also increased by 26% to P131.62 billion from the P104.6 billion booked in 2017.
Despite logging higher net earnings in 2018, LANDBANK incurred a “significant increase” in manpower costs following the implementation of the Salary Standardization Law, which affected the lender’s income.
LANDBANK is one of the lenders — alongside Rizal Commercial Banking Corp., Metropolitan Bank & Trust Co., Bank of the Philippine Islands as well as BDO Unibank, Inc. — that are exposed to embattled South Korean shipbuilder Hanjin Heavy Industries and Construction Philippines, which filed for corporate rehabilitation last Jan. 8. This left some $412 million in outstanding loans from the banks in limbo.
However, the Bangko Sentral ng Pilipinas downplayed the effect of Hanjin’s default on the banking industry, saying the lenders’ exposure is “negligible.”
The abovementioned banks are said to be working to take control of Hanjin’s property in Zambales, with assets estimated at $1.6 billion. — K.A.N. Vidal

Foreign investors’ appetite for Jollibee remains strong

By Christine Joyce S. Castañeda
Senior Researcher
FOREIGNERS loaded up on Jollibee Foods Corp. shares, making it one of the most actively traded stocks in the local bourse last week.
Data from the Philippine Stock Exchange showed the homegrown food giant trading P1.521 billion worth of 4.78 million shares from Jan. 7-11.
Shares closed at P316.60 apiece on Friday, up P2.60 or 0.8% from the previous day. On a week-on-week basis, its share price was up by 2.5% from its closing price of P309 on Jan. 4.
“It can be attributed to the influx of net foreign buying into the stock which amounted to P212.167 million [as of Thursday] after establishing a new all-time high at P324.20 [per share],” said Unicapital Securities, Inc. (Unicap) certified securities representative Cristopher Adrian T. San Pedro.
For his part, Philstocks Financial, Inc. Research Associate Piper Chaucer E. Tan noted that net foreign buying transactions for Jollibee “has been heavy since the start of 2019.”
“Investors also [priced] in the recent acquisition of Smashburger and steady and above expectation earnings…,” Mr. Tan added.
Stock market data showed net buying on Jollibee amounted to P223.33 million from Jan. 7 to Jan. 11.
In a disclosure dated Dec. 14, Jollibee said that it has taken full ownership of American burger chain Smashburger after its wholly-owned subsidiary, Bee Good!, Inc. purchased Smashburger Master LLC’s 15% stake in SJBF LLC.
On the other hand, the company’s net income attributable to the equity holders of the parent company rose 25.9% to P2.035 billion in the third quarter, its disclosure to the local bourse showed. For the first nine months, Jollibee saw its net income grow by 19.2% to P6.086 billion.
“We expect [Jollibee] to net P8 billion in 2018 and P8.9 billion in 2019 to be spurred by the upcoming mid-term elections in May 2019 supported by declining global oil prices and tamed inflation rate,” Unicapital’s Mr. San Pedro said.
For his part, Philstocks’ Mr. Tan expects the company’s full-year net income to reach P8.08 billion and P9.04 billion in 2018 and 2019, respectively.
Mr. Tan noted Jollibee’s expansion in different parts of the world as its “main driver for earnings.”
In a Jan. 9 disclosure, DoubleDragon Properties Corp. said its industrial leasing unit, CentralHub Industrial Centers, Inc., has formed a strategic partnership with Cargill Joy Poultry Meats Production, Inc. (C-Joy) — a joint venture of US-based Cargill and Jollibee — for the expansion of its industrial leasing facilities.
Asked about the effect of this development on the stock’s performance last week, Mr. San Pedro said: “The investors sold on the news because it already made a run from P292.00 to P324.20 pesos [last] week.”
Philstocks’ Mr. Tan was also of the same opinion: “We think also that this is not as significant news in relation to the recent share price movement of [Jollibee].”
“[T]here may be some upside, but I look more on the acquisition of Smashburger and continuous expansion most especially outside the Philippines and maintaining high margins despite higher inflation in 2018.”
Unicapital’s Mr. San Pedro sees the stock trading between P300 support and P324.20 resistance in the short term.
For Philstocks’ Mr. Tan: “Support may range from P290.80-P300.10 and resistance of P320.00-P324.00.”

Ivory Coast cocoa bean quality hit by dry weather, financing woes

ABIDJAN/NEW YORK — Farmers in top cocoa grower Ivory Coast say the current crop is worsening, with beans starting to rot, as lack of financing prevents them from properly fermenting and drying beans already stressed by bad weather.
Front-month New York cocoa futures traded on ICE have risen nearly 15 percent since the start of December, mainly on worries over consistently dry weather in Ivory Coast, traders said. The conditions were brought on by seasonal Harmattan winds that sweep in sand from the Sahara, which can ravage cocoa pods and sap soil moisture, leading to smaller beans. [SOF/L]
Financing of cocoa bean purchases and exports is vital to Ivory Coast, the world’s largest producer, with an annual yield of about 2 million tonnes, or about one-third of the world’s cocoa. Farmers say that banks which arrange financing for farmers and middlemen known as pisteurs, who purchase beans from farmers to sell to exporters, have pulled back on funding in the wake of the bankruptcy of the country’s largest exporter.
That has left farmers unable to care for their plantations or combat the degradation of their beans.
“I have to put the fertilizer once a year and spray the field three to four times a year each quarter. But I can not do it because I have no money,” said Etienne Koidja, a farmer in San Pedro, Ivory Coast. “Pisteurs and exporters who were helping us also have no money because the banks did not finance.”
Banks have reduced financing for smaller exporters in the wake of the collapse of SAF-Cacao in July. Ivorian banks have struggled to get paid for loans to exporters during the country’s 2016/17 season, which was also marred by crisis.
With local exporters not able to send products abroad, ports are letting shipments of the commodity sit and therefore deteriorate further.
“Cocoa arriving at the ports and not being shipped out could end up becoming damaged because storage facilities in Ivory Coast are not that ideal for cocoa,” a U.S. commodities broker said.
The director of an international export company in Abidjan, who was not authorized to speak on the record, said the company rejected beans in December and January because the quality did not meet expectations.
“The banks stopped financing exporters who could not finance middlemen and buyers who also could not help farmers. It is a chain and when a link is broken, the whole chain is broken,” the director said.
Scarce rainfall and dry winds have even raised concerns about the forthcoming April-to-September mid-crop, farmers said.
Since the end of December, spot cocoa prices in New York and London have steadied as investors await results from global cocoa grind figures, due by the end of January.
“We are continuously hearing the cocoa is not up to the high standards. Because of that, the market is repricing higher, recognizing less than ideal quality,” said Shawn Hackett, president of Hackett Financial in Boca Raton, Florida.
Prices could rise if global cocoa grind figures, a measure of demand, exceed market expectations, a U.S. trader said.
Changing weather patterns could help. Chances of an El Niño weather pattern remain high, which would bring more intense heat and dryness to Ivory Coast cocoa growing regions, a bullish signal, said Peter Mooses, a senior market strategist at RJO Futures.
“Hot weather, dry weather and more winds are all bullish for prices and negative for production,” Mooses said. — Reuters

The regular person’s guide to bullet journaling

By Rebecca Greenfield
Bloomberg
THE BULLET JOURNAL — the all-in-one calendar, to-do list, and diary — has become the DIY life organizer de rigueur. The YouTube video How to Bullet Journal has almost 10 million views. Stationary company Leuchtturm1917, which produces the go-to dot-grid journal, told Bloomberg its sales have doubled in the past year. People swear by the Bullet Journal (BuJo) as the ultimate productivity tool.
“It allows me to combine my calendar, lists, and seemingly endless notes in an organized fashion,” said Jenny Kaplan, a BuJo devotee who swears the journal has been a vital tool in starting her own business, Wonder Media Network.
The journals are also pretty.
But trying to get into the Bullet Journal fad can be intimidating. The hashtag #BuJo on Instagram surfaces over 2 million dreamy looking hand-drawn calendars and to-do lists — a mosaic of high-level artistry that, while awe-inspiring, will certainly intimidate anyone without an advanced degree in crafting. On top of the high aesthetic bar, the official method, created by Ryder Carroll, involves monthly spread-making sessions and a lot of jargon.
Does that mean Bullet Journals are only for hyper-organized people with A-level doodling skills? This week on the new Bloomberg podcast, Works for Me, I — a regular person with bad handwriting, haphazard to-do lists, and zero artistic ability — talk about how I spent more than two months trying it out. On the show, I tackle every step of the Bullet Journal process, from making my first spread to learning about the wonderful world of habit trackers. You’ll hear about my surprisingly emotional ups and downs, including my disproportionate reaction to an olive oil spill.
Here’s what I learned.
JUST DO IT
“It’s complicated to explain; it’s not that complicated to do,” Rachel Wilkerson Miller, the author of Dot Journaling — A Practical Guide, told me. She’s right. Looking at YouTube tutorials and how-to guides only makes bullet journaling feel more inaccessible. The best way to get into it is to just buy a journal and start filling it.
For those not yet indoctrinated, a Bullet Journal is an ordinary paper journal that has a dot-grid on its pages instead of lines, which makes it easy to draw neat looking calendars, to-do lists, and tables for keeping track of things, such as how often you do yoga or eat dairy. Users can customize their journals to include whatever might help them organize their lives. Traditionally, the BuJo combines to-do lists, calendars, and a diary. But devotees go wild on aesthetics, making their spreads look like dreamy-looking works of art.
Beginners, Wilkerson Miller told me, should keep it simple. She suggested I make one month’s worth of spreads and draw everything in pencil before going over it in pen. She also told me to stick to one or two colors at first to avoid getting overwhelmed by crafts.
I started out by making a monthly calendar, a basic daily habit tracker, daily to-do lists, a “wins” page to document my accomplishments, and a place to journal. Drawing my no-frills spreads for the month took about an hour and a half. It turns out, even I can use a ruler to concoct tidy looking calendars and tables.
CHANGE IS GOOD
A little over a month into my experiment, I realized that my BuJo use was uneven. I loved having daily to-do lists — an admittedly amateur work-hack — but a useful one nonetheless. The physical monthly calendar, however, I didn’t really need, because I use Google Calendar regularly.
I also found the habit tracker to be a useless exercise in data collection. Discovering how often I clean my apartment and call my dad in a given month was neither surprising nor life-changing. I didn’t end up doing anything with that data.
The beauty of the Bullet Journal is its flexibility. “If something isn’t working for you, you can fix it without scrapping the whole thing,” Wilkerson Miller says. “If a weekly spread isn’t working, just start something new.”
So that’s what I did. The next month, I ditched the calendars and leveled-up my habit tracker to collect data that I might find useful. Feeling a little more confident in my crafting skills, I found a daily drink tracker on a Reddit thread, which would allow me to log my spending and consumption habits. In the spirit of bullet journaling, I even drew a little martini glass at the top of the page.
I ended up liking and using the tracker; it taught me something new about myself. A little voice in the back of my head constantly worries about how much I’m spending and drinking. The tracker gave me data on the reality of the situation. Armed with that knowledge, I can feel a little bit less stressed about how much I spend on a recreational habit.
BE YOUR (UNARTISTIC) SELF
One of the appeals of bullet journaling is aesthetic. It looks nice, which results in a sense of accomplishment. But using the journal won’t turn you into something you’re not. My journal is ugly, despite my sad attempts to make it colorful.
And even the pros, such as Wilkerson Miller, admit that they mess up. “There are mistakes in my journal,” she says. “This system really forced me to just roll with it. Just go on to the next page — it’s totally fine.”
Ugly journals aren’t any less useful. Writing things down helps us clear space in our head, which helps us do our jobs and live our lives.
“Your head is for having ideas, not for holding them,” David Allen, the author of Getting Things Done, explains. “If your head is still wrapped around food you should’ve bought this morning, or the last meeting you were in, you’re trying to use your head as your office,” he says. “And your head is an absolutely crappy office.”