5 ‘Pinoy’ money habits to break

[shibby75]

Those filipino habits are not that bad. Basta umiikot sa barkada at hindi ikaw palagi taya.

Pag yan palagi bukambibig ng kaibigan mo eh freeloader na yon. ;-)

[LiveLoveInvest]

In addition to this I think filipinos should add investing habits especially kung bata pa lalo na if wala pang responsibility or pinapakain na pamilya.

Like what I always tell to people especially friends and family "today we have our jobs but tomorrow we have our investments"

No matter how big or small an investment will always be an investment in the long run.

[_Qwerty_]

i agree.. invest while you're still young.. di naman kailangan bigtime agad.. you can start with your pag ibig contribution.. although some companies only requires 100.00 pesos employee and employer share (200 a month).. you can actually contribute more.. imbes na 100 lang.. make it 1000 or 2000 a month or even 5000 a month.. maganda dito automatic binabawas sayo.. so hindi ka pwede pumalya.. this earns dividends and tax free if you decide to withdraw it in 10, 15 or 20 years time.. 5000 a month + 100 from your employer that's 5,100 a month x 12 = 61,200 per year.. that's 612T in 10 years or 1.22M in 20 years.. plus dividends of at least 4% per annum.. you wouldn't notice it pero naka 10 years ka na pala.. or even 20 years..

[Retz]

maybe Pinoys could learn a thing or two form sir Li Ka-Shing.

Li Ka-Shing teaches you how to buy a car & house in 5 years

[greatauror28]

maybe Pinoys could learn a thing or two form sir Li Ka-Shing.

Li Ka-Shing teaches you how to buy a car & house in 5 years

Single, earning Pinoys without sibilings to go through college and/or parents to support can definitely follow his teachings.

But Pinoys like that are one in a hundred thousand, or maybe a million.

Then again, we should always find ways of alloting something for our savings account especially rainy days comes with no telling.

[dr. d]

e, papano naman kung may ka-barkadang hindi naman ganun ka-yaman...?
i mean, kung gusto nating manlibre, manlibre tayo. nguni at huwag naman tayong a-asa na ii-lilibre rin tayo balang araw..

[crazy_boy]

yung isang tao ko, mayaman naman sila. Dad niya CFO ng isang big time company dito sa pinas. pero ang pangit ng ugali. bukang bibig niya parati is: libre ka naman.

[dr. d]

yung isang tao ko, mayaman naman sila. Dad niya CFO ng isang big time company dito sa pinas. pero ang pangit ng ugali. bukang bibig niya parati is: libre ka naman.

maybe no one ever asked him, "bakit?"

[Retz]

^

hindi ba ung iba... mas mayaman mas barat?

[dr. d]

e, hindi ba yumaman siya dahil hindi magastos?
thrift is a virtue that is appreciated only later.
and i don't intend to bring my money to the grave. libre naman lahat sa 'taas, 'di ba?
i intend to leave it to my surviving family.