Select Page
Read Time: 4 min­utes

I remem­ber the time when I was strug­gling to sur­vive every month when I was a fresh grad­u­ate with my 10,000 pesos gross pay­check. My good­ness, it was very dif­fi­cult when your food was a pares and fish­ball in the cen­ter of Makati and KFC fun­shots almost every day. Any­time I could vom­it.

Back then I was still play­ing an online game I used to play in col­lege.

But the moment I came to my sens­es, I stopped play­ing online games. “It’s time to be an adult!” I said to myself.

I was 21 when I tithed the 10% of my salary to church and believe God that I could tithe more than I can give every year.

I was 22 when I pur­chased a life insur­ance plan I was pay­ing 5,000 pesos per month in which they called VUL but after two years I stopped. Why? It’s not a wise deci­sion. I real­ize that if I saved that 5,000 pesos per month I should have 120,000 back then but I only have 80,000 worth of accu­mu­lat­ed cash val­ue. I rather switched to a term insur­ance.

I was 23 when I invest­ed in the stock mar­ket. My invest­ments grew to 6 fig­ure in 4 years time.

I was 24 when I pur­chased my first land prop­er­ty in Kingsville Heights Antipo­lo in which I am still pay­ing until 2024. And then I will use the por­tion of my invest­ments to build a house. Though I pur­chased it not for myself but for my future wife. Haha­ha! You might call me a fool but I have the faith I will meet her soon.

I was 26 when I opened an account for my future wed­ding fund. I applied for a health insur­ance plan as well.

I was 27 when I pur­chased my first car in which I used the sale of my com­pa­ny shares/stocks this year for the down pay­ment and will pay the amor­ti­za­tion until 2022.

So, at this stage of my life, I spend over 20,000 a month to pay my house loan, car loan, the inter­net and phone bill, health insur­ance, mutu­al fund, stock invest­ment, wed­ding fund, per­son­al things, etc.

Wew! It’s hard to be an adult! Haha! I nev­er strug­gled because God is meet­ing my needs and con­tin­ue bless­ing me so that I can bless oth­ers.

This might not be a good guide for those who are strug­gling to pay their debts, or hav­ing out­stand­ing loans but here’s how I was able to sur­vive every month and I hope it helps.

1. If you are sin­gle like me, live with your par­ents.

2. If you can’t live with your par­ents for some rea­sons, find a cheap apart­ment near your work­place. I did this when I was work­ing in Mckin­ley Hills every day.

3. Nev­er ask your par­ents for mon­ey, they suf­fered a lot already when you were still study­ing. Help them now.
4. Don’t take out a loan for a gad­get.
5. The elec­tric fan is enough, don’t use an air­con.
6. Don’t sub­scribe to a mobile sub­scrip­tion plan for the lat­est gad­get.
7. Buy at least a pair of clothes every two or three months.
8. Don’t buy new shoes unless they are worn out already.
9. Read books not man­ga or ani­me. (Okay, I’m a fan of ani­me, but I don’t con­sume a lot of time from it.) Books are still more valu­able. Pick and read a book and you will nev­er think the same way as you do.
10. If you need to de-stress, watch Kore­an Dra­ma at home or play Ever­wing in an hour, any­thing exceeds that is a waste of time.
11. Attend finan­cial lit­er­a­cy sem­i­nars and find friends and men­tors who can help you achieve your goals.
12. Do not save just for the sake of sav­ing. Save to invest.
13. Don’t com­plain if you can’t save because your salary is not yet that much, remem­ber, it is not about the mon­ey you earn, it is about the mon­ey you keep.
14. Don’t save and invest with­out a rea­son. Your 1 mil­lion pesos can­not give you hap­pi­ness, what mat­ters is what will you do with that mon­ey?
15. Start a busi­ness. 
16. Take free­lanc­ing jobs if you have the skill to do it.
17. Do not buy a con­do unit if you don’t have plans to make it as a mon­ey gen­er­at­ing asset.
18. Don’t buy a car if you are a fresh grad­u­ate. 
19. Don’t jump from one com­pa­ny to anoth­er com­pa­ny. You are not a horse, there’s no such thing as green­er pas­ture.
20. Build your career but take care of your­self.
21. Have goals. Be ambi­tious.
22. Make your own dream-board.
23. Exer­cise. Be healthy.
24. Have a rela­tion­ship with God. Seek Him first before every­thing else. 
24. Don’t bor­row mon­ey if you can’t promise to pay on time! Huwag kang uutang!
25. Want to save more? Set a por­tion of your month­ly salary and trans­fer it to anoth­er account imme­di­ate­ly once you receive your salary.
26. Bud­get and spend what is left.
27. Mon­i­tor your expens­es.
28. If you are dat­ing some­one, don’t go to an expen­sive restau­rant yet if you don’t have a bud­get. Don’t date to impress, date to get to know the oth­er per­son.
29. Bring a pack lunch or din­ner in your office. Iwas peer pres­sure, nakatipid ka pa.
30. Avoid peo­ple who love to spend
31. Don’t drink cof­fee from Star­bucks, make your own cof­fee!
32. Uti­lize your com­pa­ny’s over­flow­ing sup­ply of cof­fee.
33. Find anoth­er job that can help you earn more.
34. If you want to study, find a library, not a cof­fee shop.
35. Be a cheer­ful giv­er.


So far that’s it. I hope it helps. Always remem­ber, every finan­cial deci­sion is also a spir­i­tu­al deci­sion. Till next time.

Sign up now for our newslet­ter and get your FREE eBook and updates deliv­ered to your inbox each month!
The fol­low­ing two tabs change con­tent below.
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.

Latest posts by Dhenn Espiritu (see all)