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It’s been a long time since the last the I wrote on my blog. But I’m hap­py that I still have you my loy­al read­ers and fol­low­ers of this blog. The rea­son I have pub­lished noth­ing yet is that there’s a lot of events hap­pened for the past few weeks and I am not sur­prised there will be more next month! I came from a mis­sion trip, attend­ed a seminar/workshop of John Maxwell etc. How isn’t a busy life it?

Being busy does not trans­late to being pro­duc­tive. Some­times we are get­ting busy because of unim­por­tant things. And as the old say­ing, “time is gold.”

Today, let me share some­thing I learned over the past few years when I start­ed my jour­ney to becom­ing finan­cial­ly lit­er­ate, and respon­si­ble.

I remem­ber when I was a fresh grad­u­ate, all I ever want­ed is to earn my mon­ey. Then my first salary came, then I received my salary increase the next year, but instead of being hap­py about it, mon­ey became a bur­den. I want­ed to jump from one com­pa­ny to anoth­er for one goal — to increase my salary.

But I noticed that even though we as mil­len­ni­als con­tin­ue to do that, I know peo­ple who are earn­ing more than I can­not save mon­ey. Why is that hap­pen­ing? It’s because:


1. It is not how much you make but how much you keep. A mon­ey not spent is a mon­ey earned.

Have you ever com­pare your­self to oth­ers before? Com­par­ing can get you nowhere. It’s like want­i­ng what oth­ers have.

Have you expe­ri­enced frus­tra­tions because oth­ers often com­pare to your sib­lings or cousins when you were young? That’s unfair! You are not them and they are not you.

The only best way to be con­tent and keep grow­ing is:


2. Com­pare your­self to your­self.

Com­pare how much mon­ey you saved last year ver­sus this year. Did it increase? My invest­ment port­fo­lio was around 70k last year, and it became 155k this year. It could have been 400k if I did­n’t pur­chase a car and a piece of land.

The goal of com­par­ing your­self to your­self is to be bet­ter. In any area, may it be a career, rela­tion­ship, char­ac­ter, and wis­dom, it would be healthy to prac­tice self-eval­u­a­tion as Socrates a famous Philoso­pher once said; “An unex­am­ined life is not worth liv­ing.”


SEE ALSO:  Tips on Reaching Your Financial Goals This Year

3. Good days are always ahead of us.

Have you ever expe­ri­enced time in your life that phe­nom­e­non called “when it rain, it pours?’ ” Yung nakaranas ka lang ng isang bad vibes, tapos tuloy tuloy na?

Ang sak­it bes! But don’t wor­ry, believe that good days are always ahead of us. Every pain and tri­als will pass, there is no tem­po­rary here in this world. As C. S. Lewis once said, “Isn’t it fun­ny how day by day noth­ing changes, but when you look back, every­thing is dif­fer­ent…”

4. Income — Sav­ings = Expens­es.

How I wish I knew this before I start­ed my first job. Often, I saved what is left when it should be I will spend what is left after tak­ing out my sav­ings from it.

The time I applied this prin­ci­ple to my finances, I did not com­plain that I was earn­ing too lit­tle. And if I exceed, there’s no one to blame but myself.


5. Invest in your­self first.

This is a must. Do not invest in what you do not know. I’ve made a painful mis­take of invest­ing with­out real­ly know­ing how it works. I lost thou­sands of mon­ey in invest­ing in stocks and VUL.

I am noth­ing against VUL here, but I made a mis­take of agree­ing on the agent unknow­ing­ly that I can invest on oth­er invest­ment instru­ments or he should edu­cate me more about it than mak­ing a sale.


6. Finan­cial sta­bil­i­ty is an illu­sion. It’s a mov­ing num­ber.

Num­bers are mov­ing. Did you notice it? The price of goods is steadi­ly increas­ing each year, so our needs also.

No one can ever be finan­cial­ly sta­ble or finan­cial­ly free unless he or she learns how to han­dle his or her finances respon­si­bly.

Be finan­cial­ly respon­si­ble.


7. Nev­er kill the goose that lays the gold­en eggs.

Some­times not because you are earn­ing more than the oth­er, you should leave the oth­er one and make more mon­ey with it. Would it be great if you have mul­ti­ple sources of income isn’t it?

SEE ALSO:  How and Where to Invest Your Money


8. Nev­er put your eggs in one bas­ket.

Diver­si­fy. Diver­si­fy. Diver­si­fy. The wis­est king on earth who ever lived, King Solomon once said, “Divide your invest­ments among many places, for you do not know what risks might lie ahead.”


9. The mon­ey will not make mon­ey. Idea is.

Don’t fall into the trap of what oth­ers are say­ing. You don’t need mon­ey to make mon­ey. Yes, you need a cap­i­tal to start a busi­ness, but it does­n’t mean all you need is mon­ey.

Your­self is still the best asset. Your ideas can change the world. Make it a habit to invest in your­self by edu­ca­tion, read books, learn from oth­ers. Gain more expe­ri­ence.

Still not con­vinced?

Did you remem­ber the first time you were apply­ing for a job? Did the HR ask you mon­ey? No. They asked you what tal­ents and skills can you bring to the com­pa­ny right? Then they will pay you for it.

Skills, knowl­edge and, tal­ents make mon­ey.

And last­ly,


10. The inten­tion will nev­er bring you to the des­ti­na­tion but the inten­tion with the right deci­sion with right infor­ma­tion will.

The inten­tion will nev­er bring you to the des­ti­na­tion. You can make plans, you can make goals, you can aim but achieve noth­ing.

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I blog about my dis­cov­er­ies and learn­ings with per­son­al devel­op­ment, blog­ging, writ­ing, pub­lic speak­ing, and pub­lish­ing. I am a Jesus fol­low­er. Each month, I send out a newslet­ter with free tips on those top­ics.

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