How old are you? And how much is your savings na?

[William Wallace]

---

Age : 20
Assets : 0
Job : 0
Savings : 0

But by reading this thread, naka amgo nako unsa dapat buhaton. im a fresh graduate pa naman and i only live in a middle class family lifestyle, wala pajud work experience. But I believe in the near future ma apply nako ako mga nabasahan diri ug nakat.unan. thank you guys for inspiring others. tinabangay ta ninyo and dont give up!

[quantuminplus]

I worked as an auditor for two years, accounting manager for 5 years and finance manager for 1 year. that totals 8 years. 6 years of splurging in manila, just enjoying bachelor life and responding to family needs made me live on payday to payday budget. there were times when i really had no cash but the salary i expected to receive on that day. when i got married and saw the first sonogram of my baby, regret struck me hard. if only i saved even at least 1,000 per month, that would have been an extra P96k! (1k x 12 mos x 8 years). sakto jud ang saying nga save lang jud maski gamay. it will not matter if its P100, P500 or P1000... just learn the habit of saving.

i like the last sentence..... ^_^

[zxxc]

Im 24 i drop college in half sem of IT. planning to save 1m php before my 25 ends.

Currently working in a hotel, with sideline at home online.

Current network assets/stocks around 500k+

[Usman77]

I actually envy those who are still young but are already starting to save. Honestly, I've learned to save only in my early 30s. I only had a few savings preferring to purchase my wants. What lost opportunity! Had I shifted carreers early and took my father's advice to save by heart, I could have saved more. Anyway, I am now trying to make up for the lost opportunity and now more conscious about my needs rather than wants. So far, I've saved around 900k. I also have MFs at 400k and insurance... But I still wish I had been more conscious in saving money before. I only began to understand saving money when I read self-help books on personal resource management by Tabanag, Colayco, Gamboa and Kiyosaki.

[Butitor]

Age : 20
Assets : 0
Job : 0
Savings : 0

But by reading this thread, naka amgo nako unsa dapat buhaton. im a fresh graduate pa naman and i only live in a middle class family lifestyle, wala pajud work experience. But I believe in the near future ma apply nako ako mga nabasahan diri ug nakat.unan. thank you guys for inspiring others. tinabangay ta ninyo and dont give up!

Ang importante ana nagbasa ka ani nga thread ug uban pang threads diri, back read pod ha?!?hehehe Basta kabalo naka sa imo kaku-lian ug mga butang na dapat himuon pyts na. Save and invest. Now!!!!

[Ryan Tan Yu]

spending your income all at once is just as bad as being a miser.

syempre nindot man sad mag enjoy sa life.. pero save sad panagsa..
ganahan sad ko mag travel. pero daghan kuyog mga amigo/amiga para share share sa gasto (mas nindot kung maka libre.. haha).. enjoy sad panagsa kay mamatay raman sad ta tanan.. pero reponsible sad ug save for the future.

With all due respect, I don't believe anyone is qualified to tell someone how to live his life ...

No flame intended Sir ha, but from my perspective one must live his life the way he believes, regardless of whether right or wrong it is as we see it. I have met people who have achieved true satisfaction in life. Even when that person probably has less than 10k of financial circulation each month, he is one worth being jealous of. Why?

Life isn't about being rich, having savings, being better than others. At least that's the way I see it.

Now regarding cirilae's spending, as advised by his parents, I don't think we are qualified to judge his parents. Just because someone ate his Oreo without dunking in milk first doesn't mean he didn't know he could. For all we know, the parents may have found life's true meaning, and are trying to teach him just that. By saying it's "bad advise" we're projecting ourselves to know better man gud, we don't even know his/her parents.

This is a lesson I've recently learned. I remember being the happiest person, back when I earned 200 pesos per day. I could go home, lay down, smile and sleep smiling. I was very contented. I had no hobby, no access to Internet, my small world rotated around going to work, coming home and just letting time pass by.

Things changed. I got gadgets, computers, a hobby, businesses, much greater income. But guess what, my standard for happiness raised to seemingly-unreachable height. Now I sleep 2-4 hours per day, I've two pages of undone tasks in my to-do list. I developed a hobby, had to give it up to make way for business and other priorities. I'm happy, especially each time I come home to my daughter and wife, but I've grown 'less-happy' without a doubt. Wifey and I once had this deeply-intellectual discussion about our lives, and we both agreed: "We were happier then"

This is some sh!t I don't usually tell, I've just grown a little too grumpy to give advice. But let's pause for a moment to think about what we truly want. We have savings? We have a better life than others? We feel good about ourselves? But then, is that our true happiness?

In an effort to regain our contentment and happiness, I'm seeking to get a place less infected by human civilization. Bukid-style ba. No phones or anything. Akong mga negosyo diri probably akong manghod ako pa-tiwason or whatever. Now I understand nganong akong Papa kontento na lang sa simpleng kinabuhi'. I sometimes brag [only to him] about my big financial and business achievements (especially having big companies as my clients), he gives me a meaningful smile. Now I get the message. "You have so much more to learn, son."


So anyway back to topic. I know you all feel good about bragging about your savings, and I am not qualified to question or ridicule that. But my message is, rethink your happiness. I could feel good about narrating my achievements and my unacknowledged participation/contribution in big marketing gimmicks, but I'd rather say I'm 23 and only have 1k in my savings account right now.

I'm still looking forward to living a happy, content and simple life uncontrolled by money. But sometimes I begin to doubt its likeliness to come true.

[NARRA]

nindot bitaw na brod Live a simple life. Kung naa na koy savings nga 100M magpabukid nako ug magpuyo nga pinobre.

With all due respect, I don't believe anyone is qualified to tell someone how to live his life ...

No flame intended Sir ha, but from my perspective one must live his life the way he believes, regardless of whether right or wrong it is as we see it. I have met people who have achieved true satisfaction in life. Even when that person probably has less than 10k of financial circulation each month, he is one worth being jealous of. Why?

Life isn't about being rich, having savings, being better than others. At least that's the way I see it.

Now regarding cirilae's spending, as advised by his parents, I don't think we are qualified to judge his parents. Just because someone ate his Oreo without dunking in milk first doesn't mean he didn't know he could. For all we know, the parents may have found life's true meaning, and are trying to teach him just that. By saying it's "bad advise" we're projecting ourselves to know better man gud, we don't even know his/her parents.

This is a lesson I've recently learned. I remember being the happiest person, back when I earned 200 pesos per day. I could go home, lay down, smile and sleep smiling. I was very contented. I had no hobby, no access to Internet, my small world rotated around going to work, coming home and just letting time pass by.

Things changed. I got gadgets, computers, a hobby, businesses, much greater income. But guess what, my standard for happiness raised to seemingly-unreachable height. Now I sleep 2-4 hours per day, I've two pages of undone tasks in my to-do list. I developed a hobby, had to give it up to make way for business and other priorities. I'm happy, especially each time I come home to my daughter and wife, but I've grown 'less-happy' without a doubt. Wifey and I once had this deeply-intellectual discussion about our lives, and we both agreed: "We were happier then"

This is some sh!t I don't usually tell, I've just grown a little too grumpy to give advice. But let's pause for a moment to think about what we truly want. We have savings? We have a better life than others? We feel good about ourselves? But then, is that our true happiness?

In an effort to regain our contentment and happiness, I'm seeking to get a place less infected by human civilization. Bukid-style ba. No phones or anything. Akong mga negosyo diri probably akong manghod ako pa-tiwason or whatever. Now I understand nganong akong Papa kontento na lang sa simpleng kinabuhi'. I sometimes brag [only to him] about my big financial and business achievements (especially having big companies as my clients), he gives me a meaningful smile. Now I get the message. "You have so much more to learn, son."


So anyway back to topic. I know you all feel good about bragging about your savings, and I am not qualified to question or ridicule that. But my message is, rethink your happiness. I could feel good about narrating my achievements and my unacknowledged participation/contribution in big marketing gimmicks, but I'd rather say I'm 23 and only have 1k in my savings account right now.

I'm still looking forward to living a happy, content and simple life uncontrolled by money. But sometimes I begin to doubt its likeliness to come true.

[ACQUA di GIOIA]

It's true, you can't equate happiness by how much assets or how many millions of savings you have. Believe me. I'm not bragging or anything but I came from nothing and worked my way up. I've been to both sides of the pole. I'm 27 years old and my net worth is P5M ,( I may sound like bragging but please hear me out). Having that net worth, am I happy now? NO. I want more and more and more. I become so stingy that their came a point that after eating a 5 dollar mcDonald's meal , I beat myself up because I spent an effin' 5 dollars. That gotta change. I soul-searched. I aligned my priorities. I slashed my "enoughasaurus" . I have enough. Now I'm yearning for a simple life. I'm ready to let go of my job and live a simple life.

With all due respect, I don't believe anyone is qualified to tell someone how to live his life ...

No flame intended Sir ha, but from my perspective one must live his life the way he believes, regardless of whether right or wrong it is as we see it. I have met people who have achieved true satisfaction in life. Even when that person probably has less than 10k of financial circulation each month, he is one worth being jealous of. Why?

Life isn't about being rich, having savings, being better than others. At least that's the way I see it.

Now regarding cirilae's spending, as advised by his parents, I don't think we are qualified to judge his parents. Just because someone ate his Oreo without dunking in milk first doesn't mean he didn't know he could. For all we know, the parents may have found life's true meaning, and are trying to teach him just that. By saying it's "bad advise" we're projecting ourselves to know better man gud, we don't even know his/her parents.

This is a lesson I've recently learned. I remember being the happiest person, back when I earned 200 pesos per day. I could go home, lay down, smile and sleep smiling. I was very contented. I had no hobby, no access to Internet, my small world rotated around going to work, coming home and just letting time pass by.

Things changed. I got gadgets, computers, a hobby, businesses, much greater income. But guess what, my standard for happiness raised to seemingly-unreachable height. Now I sleep 2-4 hours per day, I've two pages of undone tasks in my to-do list. I developed a hobby, had to give it up to make way for business and other priorities. I'm happy, especially each time I come home to my daughter and wife, but I've grown 'less-happy' without a doubt. Wifey and I once had this deeply-intellectual discussion about our lives, and we both agreed: "We were happier then"

This is some sh!t I don't usually tell, I've just grown a little too grumpy to give advice. But let's pause for a moment to think about what we truly want. We have savings? We have a better life than others? We feel good about ourselves? But then, is that our true happiness?

In an effort to regain our contentment and happiness, I'm seeking to get a place less infected by human civilization. Bukid-style ba. No phones or anything. Akong mga negosyo diri probably akong manghod ako pa-tiwason or whatever. Now I understand nganong akong Papa kontento na lang sa simpleng kinabuhi'. I sometimes brag [only to him] about my big financial and business achievements (especially having big companies as my clients), he gives me a meaningful smile. Now I get the message. "You have so much more to learn, son."


So anyway back to topic. I know you all feel good about bragging about your savings, and I am not qualified to question or ridicule that. But my message is, rethink your happiness. I could feel good about narrating my achievements and my unacknowledged participation/contribution in big marketing gimmicks, but I'd rather say I'm 23 and only have 1k in my savings account right now.

I'm still looking forward to living a happy, content and simple life uncontrolled by money. But sometimes I begin to doubt its likeliness to come true.

[ACQUA di GIOIA]

"If naa ka savings na 100M"
That's a huge amount of money. An average person can't get that kind of money in his lifetime (take note of the word "average") but what if you look at investment vehicles that earns 12 percent or more a year?
It really depends on your lifestyle but if you can be frugal enough and simple enough and be contented with what you have, 100M is way too much.

How much do you need per month? Let say 30k.. If you put your 4 Million in an investment vehicle that earns 10 percent, you'll have 400k in a year, divide that by 12 for the 12 months in a year. Take note of inflation too

It really depends on your lifestyle but retirement doesn't need to cost 100M.

nindot bitaw na brod Live a simple life. Kung naa na koy savings nga 100M magpabukid nako ug magpuyo nga pinobre.

[cebu.opportunities]

Working as an i.t specialist for about 4 years now.


i'm 28 years old

Monthly salary: 10 digit
Savings: 105k
Tangible Assets: 18k wedding ring,kawasaki rouser bike,house renovation, gibson les paul guitar,bos-me guitar processor,150 watts fender amps, samsung 32 inch led t.v. complete cpu set i3 specs for gaming rig,samsung galaxy ace phone android, sony psp, hp compaq amd laptop.



Aim: Willing to work abroad to have my own business.

1,234,567,890
abot og billion imo monthly salary bro?

Age: 23
Savings: 0

I have Xbox, S3, 40 inch TV, few branded watches, and that's it.

I think nindut nga investment ang yuta or maybe condo and as much as possible, rent to own ang abangi kaysa mag sige renta nya wa kai ma imuha.

if makaya og diversify ang funds, much better. about sa mag-renta lang, depende siguro... naa mn barato gyud kaayo nga maka-maximize ka sa imong earnings. pero, nindot jud pud na you have properties nga imoha gyud and pwede nimo mapamana. if you buy real estate properties, mas maayo i-utilize jud especially if naay structure ky mo wear out rana in time (ma gabok, mo ubos ang value) while ang lot either mo appreciate ang value (standard) or mo depreciate in some instances.