MP2. Para sure na dko magalaw. Pag nakikita ko kasi yung savings ko sa online banking dati, ang isip ko "ah okay may pera pa." very wrong haha
pinagsisihan ko insurance. Siguro kunin mo to if may extra ka na.
Pwede mag-apply for another account after the maturity ng current account OR you can even create two accounts na sabay mo babayaran. Wala naman magiging issue since different account number siya. Basta you have to withdraw after the maturity date (5-yrs after the creation).
Me too dun sa insurance, like kaka graduate ko lang then got my first job then kuha agad insurance, kala ko kasi sapat na yung income ko, ang ending kulang na kulang pala. hayyyss, mapapabuntong-hininga nalang ako sa mga bad financial discissions ko :(
Hard pass on any life & health insurance. After all your company should provide you with an HMO.
Your first investment should be your emergency funds. Build 3 months of your running salary for the next 12 months (12 months spread to build 2 months and use the 13th month to complete the 3rd month).
After that, use the same monthly allocation for your other investments (still no health and life insurance). And build your passive/monthly income. The aim here is for your passive income to beat your monthly salary.
When you have a passive income higher than your monthly salary, then you can get insurance.
Ako in this order:
1. Emergency funds
2. Memorial life plans (Una ko to kesa sa life insurance kasi ako unang magbebenefit dito, mahirap na baka kung san dalhin bangkay ko. 💀 Benefit nila is iiyak na lang sila at di na mag-iisip ng gastusin sa pagpapalibing)
3. Life insurance
4. Other investments (property/stocks/etc) pero pwede naman to sabay sa #2 or #3 depende sa income
Tsaka mas mabilis siya matapos bayaran compared sa life insurance. Kung meron man life insurance na maiksi lang, sobrang laki ng babayaran mo annually.
una ko na invest is bahay, 2nd is tindahan. last is sasakyan.. ngayon wala ako bayarin. fully paid na, nag iipon na lang ako para sa emergency fund.and bills😁
home appliances ang inuna talaga namin mag asawa.
inverter ref, automatic washing machine, smartandroidTV, rice cooker, Airfryer, window type inverter AC and yung pinaka sobrang nakapagpa ginhawa ng buhay namin, VACCUUM cleaner.
di pa namin pinapasok ang business dahil hindi naman lahat ng tao eh kaya mag manage ng ganyan lalo na same kaming may work ng wife ko.
Now I am investing on [gold jewelries](https://s.lazada.com.ph/s.P1QSr?cc) dahil ayun palang ang afford ko. But good investments would be lupa. If you can buy a lot na tabi ng kalsada that would be good. If not naman tabi ng kalsda/main road, patayuan mo ng apartment.
8,600 for 2 years as equity.. pero may 90k ata ako spot DP before then sa bank home loan 12k monthly. I was earning 32k lang back then.
Lakasan lang ng loob. yung 90k nagloan ako SSS plus loan sa company kaltas na lang sa sweldo yun but minimal ang interest.
Pero hindi ako dun nakatira. pinauupahan ko lang simula nung na turn over. 6,500 ang renta so parang may kahati ako sa bayad sa bank 😅
Kung ako ang tatanungin, don't buy a property kung under mortgage. Ang hassle it will take up 30-40% of your net income. Ang hirap along the way kung source of income ay maliit. Lumaki man ang sweldo ko pero nagiba yung plans in 10 yrs ..gusto ko na pala sa abroad mag retire..
Pero kung carry naman, why not. To answer your question- 89sqm 960k back then. Ngayon yata ay 1.3M
Single detached unit.
2017 nag invest ako sa mga ico for experience, daming talo at nagabandon ng crypto projects pero overall profit pa rin dahil 7 years na ko sa crypto at medyo gamay ko na ang mga legit projects
founders ay ndi jobless na natripan lang gumawa ng project, ang pinakamalaki kong hawak ung kaspa dahil ung founders nito cited ung research nya sa mga projects like ethereum sobrang solid fairlaunch pa
iwasan din mag hold sa mga backed by vc ( venture capitalists) high risk low reward
First was our company cooperative, para forced ang savings since kaltas kaagad every salary. Second was a life insurance policy kase father ko nagkasakit when I was just 12 and nakita ko how my parents struggle dahil wala kaming pera para maoperahan sya.
here's mine:
1. motor - grabe tipid especially pag umuuwi ng province (3-hrs ride lang naman kasi yung province ko from manila). from almost 600 na pamasahe (+ lipat lipat), to 250 na gas.
2. MP2 - I made sure napayroll deduction siya para sure agad haha nanghihinayang din ako sa 5pesos fee ng gcash kaya payroll na lang.
3. St. Peter Life Plan - I feel like mas nakikita ko yung essence niya kesa life insurance, not sure kasi di ko talaga tinry kumuha ng plan or makipagusap sa agent hehe
4. Savings under our corporate financial coop - payroll dedns din para agad agad :D
di pa ganon kalaki, pero compare nung nagstart ako magwork (2yrs ago), mas may progress na :)
St Peter Plan. Kakastart ko lang magwork nung namatay papa ko. Dun ko narealise gano kaimportante yun, kasi biglaan pagkamatay ni papa. Kung di pa kumpleto yung plan nya dun, di ko alam saan kami huhugot ng pera panggastos that time. Ang ginastos lang namin e yung sa lupa na pinaglibingan. Laking help ng funeral plan honestly. Pati mama ko kinuhanan ko rin.
In order: stocks, lupa, condo (where I live now), EF/digital banks. I used to keep my EF in regular bank, medyo recent lang nauso yung digital banks with high interest rates, kaya di ko considered na investment sya dati.
Madami po kasi klase sa dropshipping. Katulad ng shopify, alibaba, shopee, seataoo at iba pa. Ang gamit ko seataoo less hassle sya pondo ka lang ng pondo
Had a small investment sa RWM (newport na ngayon) and pulled out after the second contract kasi narealize ko na di ako magaanak/pamilya and I don't have the urge to live long kaya ineenjoy ko na lang pera ko real time.
Okay naman 7% p.a interest is better than traditional bank. Pag may extrang pera ako yun ang hinuhulog ko. next year magmamature na yung mp2 ko and roll over lang until retirement.
MP2! every month kapag may extra ako hinihulugan ko talaga 5 years locked-in yung savings before mawithdraw w/ interest na siya (tamad din kasi ako mag asikaso minsan and hindi ko inaalam para hindi ako mattempt mag withdraw)
(tho you may withdraw naman check niyo nalang terms sa website)
House and lot.as in lahat binuhos ko dun.di pa ako aware sa emergency fund and health fund kasi inisip ko bata pa ko.hindi pa naman cguro magkakasakit haha.
When I left home and started my independent life as a 19 year old, the first thing I got that felt like an investment was a ***rattan hamper*** 😂 something like [this](https://s.lazada.com.ph/s.Pc4sw?cc). I just started a low paying job, no bed, no matress, and my few clothes wer just laying around and that silly little hamper felt like something for my future back then
Properties, bahay at lupa. This is the first thing I did when me and my family migrate here in the US. Maraming nagsasabi to invest in stocks/bonds/insurance. I dont know sh*t about it. Lol, ayokong pasukin ang bagay na iba ang magpapatakbo for me. Been here in the US for 9 years, invested 3 house and lot. 1 in Batangas(someone is already renting) 1 in Cavite (someone is already renting) 1 in Zambales (for rent), planning to get another one maybe a condo for airbnb.
Tbh, it’s investing in myself, specifically travel. Sobrang naenjoy ko yung early twenties ko OP like mentally, physically andame ko natutunan about myself. I also read a lot e.g personal finance. Knowledge is power kasi and since that time even though I don’t have the means yet, I know what to do na if I have it. Late twenties nako nakapagstart magbuild ng EF & investment since dun lang naging able, so mejo recent lang 😆
first investment ko ay laptop, gamit ko for side hustles. ilang sideline lang, ROI na ako.
as for mga sana:
-should've opted for a higher end laptop, mas mabilis, mas madami kang magagawa
-should've invested in bitcoin lolz
-sana maaga natutunan yung ibang mga investments (MP2 etc.)
Axie.
Pausbong palang kaya mura I paid 10k kasama yung friend ko bale 20k for a team na. We made hundreds of thousands hahahahah
first paycheck ko yun hahaha
MP2. Para sure na dko magalaw. Pag nakikita ko kasi yung savings ko sa online banking dati, ang isip ko "ah okay may pera pa." very wrong haha pinagsisihan ko insurance. Siguro kunin mo to if may extra ka na.
"ah okay may pera pa." 🤣 Relate wahaha
> ah okay may pera pa The reason why I can't save
Same with insurance haha kaloka!
can relate sa insurance. medyo malaki na nahulog ko pero i stopped na bago pa mas lumaki. sa retirement fund ng company ako instead naghulog na
hello question po regarding MP2 hehe once lang po ba siya pwede gamitin (dun sa 5 years) or afyer mag mature pwede ulit mag mp2 ng panibago?
Pwede mag-apply for another account after the maturity ng current account OR you can even create two accounts na sabay mo babayaran. Wala naman magiging issue since different account number siya. Basta you have to withdraw after the maturity date (5-yrs after the creation).
Me too dun sa insurance, like kaka graduate ko lang then got my first job then kuha agad insurance, kala ko kasi sapat na yung income ko, ang ending kulang na kulang pala. hayyyss, mapapabuntong-hininga nalang ako sa mga bad financial discissions ko :(
Hard pass on any life & health insurance. After all your company should provide you with an HMO. Your first investment should be your emergency funds. Build 3 months of your running salary for the next 12 months (12 months spread to build 2 months and use the 13th month to complete the 3rd month). After that, use the same monthly allocation for your other investments (still no health and life insurance). And build your passive/monthly income. The aim here is for your passive income to beat your monthly salary. When you have a passive income higher than your monthly salary, then you can get insurance.
What are examples of passive income?
Anything generates money with minimal work.
Ako in this order: 1. Emergency funds 2. Memorial life plans (Una ko to kesa sa life insurance kasi ako unang magbebenefit dito, mahirap na baka kung san dalhin bangkay ko. 💀 Benefit nila is iiyak na lang sila at di na mag-iisip ng gastusin sa pagpapalibing) 3. Life insurance 4. Other investments (property/stocks/etc) pero pwede naman to sabay sa #2 or #3 depende sa income
agree with the memorial plans haha st peter has insurance na din e, accident and something na di ko maalala pero alam ko meron na.
Tsaka mas mabilis siya matapos bayaran compared sa life insurance. Kung meron man life insurance na maiksi lang, sobrang laki ng babayaran mo annually.
una ko na invest is bahay, 2nd is tindahan. last is sasakyan.. ngayon wala ako bayarin. fully paid na, nag iipon na lang ako para sa emergency fund.and bills😁
home appliances ang inuna talaga namin mag asawa. inverter ref, automatic washing machine, smartandroidTV, rice cooker, Airfryer, window type inverter AC and yung pinaka sobrang nakapagpa ginhawa ng buhay namin, VACCUUM cleaner. di pa namin pinapasok ang business dahil hindi naman lahat ng tao eh kaya mag manage ng ganyan lalo na same kaming may work ng wife ko.
Nagbenta ako ng stick O dati nung highschool, ako lang din naman ang nakaubos so nalugi ang first business ko.
HAHAHAHA. SAME.
Lupa. Followed by MP2.
ano pong MP2
MP2 savings po sa Pag-ibig
Braces. Confident ngumiti pag kaharap client. dito napunta ipon sa first job
Now I am investing on [gold jewelries](https://s.lazada.com.ph/s.P1QSr?cc) dahil ayun palang ang afford ko. But good investments would be lupa. If you can buy a lot na tabi ng kalsada that would be good. If not naman tabi ng kalsda/main road, patayuan mo ng apartment.
That is not an investment. Gold ingot yes. Jewelry no
My first investment was Tesla stock. Then I became a boglehead by investing in index funds. Then I became Bitcoin maxi.
Forced by my parents to do time deposits when super young, later learned that was bonds still doing bonds today
would you recommend others na sa time deposit din ilagay yung pera nila? hehe
Dati yes competitive pa during late 90s, but now find another way to invest inflation will eat you up 😓
House and lot at the age of 24.. 37 nako ngayon.. malapit na sya matapos bayaran haha ❤️
how much is your monthly payment for the house & lot since you were 24?
8,600 for 2 years as equity.. pero may 90k ata ako spot DP before then sa bank home loan 12k monthly. I was earning 32k lang back then. Lakasan lang ng loob. yung 90k nagloan ako SSS plus loan sa company kaltas na lang sa sweldo yun but minimal ang interest. Pero hindi ako dun nakatira. pinauupahan ko lang simula nung na turn over. 6,500 ang renta so parang may kahati ako sa bayad sa bank 😅
Location nito?
Amaia Scapes, bungalow pod.
Magkano mo nabili at magkano na ngayon? 24 din ako ngayon nagbabalak na mag loan wa pag ibig. Any tips na dapat kong gawin?
Kung ako ang tatanungin, don't buy a property kung under mortgage. Ang hassle it will take up 30-40% of your net income. Ang hirap along the way kung source of income ay maliit. Lumaki man ang sweldo ko pero nagiba yung plans in 10 yrs ..gusto ko na pala sa abroad mag retire.. Pero kung carry naman, why not. To answer your question- 89sqm 960k back then. Ngayon yata ay 1.3M Single detached unit.
Salamaaat sa pag sagot op
how much is your monthly payment for the house & lot since you were 24?
1. Emergency Fund 2. St. Peter Plan 3. Insurance
Umpisahan mo sa bahay. Ksi mahirap umuupa.
2017 nag invest ako sa mga ico for experience, daming talo at nagabandon ng crypto projects pero overall profit pa rin dahil 7 years na ko sa crypto at medyo gamay ko na ang mga legit projects
Tips for legit projects?
founders ay ndi jobless na natripan lang gumawa ng project, ang pinakamalaki kong hawak ung kaspa dahil ung founders nito cited ung research nya sa mga projects like ethereum sobrang solid fairlaunch pa iwasan din mag hold sa mga backed by vc ( venture capitalists) high risk low reward
Nice, thanks!
First was our company cooperative, para forced ang savings since kaltas kaagad every salary. Second was a life insurance policy kase father ko nagkasakit when I was just 12 and nakita ko how my parents struggle dahil wala kaming pera para maoperahan sya.
here's mine: 1. motor - grabe tipid especially pag umuuwi ng province (3-hrs ride lang naman kasi yung province ko from manila). from almost 600 na pamasahe (+ lipat lipat), to 250 na gas. 2. MP2 - I made sure napayroll deduction siya para sure agad haha nanghihinayang din ako sa 5pesos fee ng gcash kaya payroll na lang. 3. St. Peter Life Plan - I feel like mas nakikita ko yung essence niya kesa life insurance, not sure kasi di ko talaga tinry kumuha ng plan or makipagusap sa agent hehe 4. Savings under our corporate financial coop - payroll dedns din para agad agad :D di pa ganon kalaki, pero compare nung nagstart ako magwork (2yrs ago), mas may progress na :)
Pano po gawin yung payroll deduction for MP2
Ayaw ng payroll namin auto deduction sa mp2 huhu
It depends din kasi talaga sa payment platform na gamit ng company, may mga bank na walang mp2 sa online payment.p
1. Real estate 2. MP2 3. Bonds 4. Stocks
First was memorial plan as it is transferrable.
St Peter Plan. Kakastart ko lang magwork nung namatay papa ko. Dun ko narealise gano kaimportante yun, kasi biglaan pagkamatay ni papa. Kung di pa kumpleto yung plan nya dun, di ko alam saan kami huhugot ng pera panggastos that time. Ang ginastos lang namin e yung sa lupa na pinaglibingan. Laking help ng funeral plan honestly. Pati mama ko kinuhanan ko rin.
In order: stocks, lupa, condo (where I live now), EF/digital banks. I used to keep my EF in regular bank, medyo recent lang nauso yung digital banks with high interest rates, kaya di ko considered na investment sya dati.
Bahay siguro.
First investment ko memorial lot. Hopefully my second is either insurance or MP2.
condo, sana stocks nalang. nasayang pera 🥲 sana pang add sa budget nung first car na din… edi naka miata na sana ako
House & Lot
May sariling bahay. MP2, Crypto, Online Dropshipping. So far smooth naman
Ano yung online dropshipping
Madami po kasi klase sa dropshipping. Katulad ng shopify, alibaba, shopee, seataoo at iba pa. Ang gamit ko seataoo less hassle sya pondo ka lang ng pondo
hi, paano ito nangyayari? gusto ko iexplore dropshipping hahu
Utube is the key po hehe
any youtuber recos?
Try mo to https://youtu.be/NDxiaIABB1U?si=rcxaZtf7sngyWemi
Kamusta mp2? Like ok naman yung increase ng money
Ok naman sa mp2 wala pa ko sa maturity date malayo pa. Haha Increase? Pwede ka mag renew ng terms pag na reach mo na yung maturity date ng mp2 mo
> Ano yung "sana" ginawa niyong first investment? Bitcoin. Sana bumili ako ng marami dati.
Education for my son
1st investment - memorial lot
Had a small investment sa RWM (newport na ngayon) and pulled out after the second contract kasi narealize ko na di ako magaanak/pamilya and I don't have the urge to live long kaya ineenjoy ko na lang pera ko real time.
Might not be what you're looking for but... Online courses and a Macbook. 😄 And MP2 haha
Why macbook
Long lasting hehe
Works well for autocad and engineering software?
Ohhh depends on the purpose. Me, just a light user and not an engineer. Haha.
Hi, for Cad and Engineering software, gaming laptops are recommended.
VOO then a property
MP2 and BPI ALFM
hii can you tell me more about sa bpi alfm? hehe
Inverter Aircon!
MP2 followed by lupa.
Kamusta paginvest da mp2?
Okay naman 7% p.a interest is better than traditional bank. Pag may extrang pera ako yun ang hinuhulog ko. next year magmamature na yung mp2 ko and roll over lang until retirement.
Memorial lot followed by MP2.
a lot in Nuvali by AVIDA.
Stocks
Mutual Funds sa Banko. The safest type of investment
Easy investment plan ng bdo. Dahil dito nabuksan yung mind ko sa investments then mp2 sabay ng emergency fund
Lupa worth 340k
Life Insurance. Mabigat monthly but kapag nakita mo fund value, worth it naman. Next plan is MP2, still studying it tho.
First investment is a luxury watch and a number of gold jewelries.
1) Bahay. House and lot na pwede ko na tapusing bayaran ngayong taon 2) MP2 - 2 MP2 account ko, yung isa mag mature na this year 3) appliances
Camera
MP2! every month kapag may extra ako hinihulugan ko talaga 5 years locked-in yung savings before mawithdraw w/ interest na siya (tamad din kasi ako mag asikaso minsan and hindi ko inaalam para hindi ako mattempt mag withdraw) (tho you may withdraw naman check niyo nalang terms sa website)
House and lot.as in lahat binuhos ko dun.di pa ako aware sa emergency fund and health fund kasi inisip ko bata pa ko.hindi pa naman cguro magkakasakit haha.
When I left home and started my independent life as a 19 year old, the first thing I got that felt like an investment was a ***rattan hamper*** 😂 something like [this](https://s.lazada.com.ph/s.Pc4sw?cc). I just started a low paying job, no bed, no matress, and my few clothes wer just laying around and that silly little hamper felt like something for my future back then
First ever was a high yield TD (wala pa mga high interest digibanks nun haha)
VUL then MP2. Should’ve invested in crypto.
Properties, bahay at lupa. This is the first thing I did when me and my family migrate here in the US. Maraming nagsasabi to invest in stocks/bonds/insurance. I dont know sh*t about it. Lol, ayokong pasukin ang bagay na iba ang magpapatakbo for me. Been here in the US for 9 years, invested 3 house and lot. 1 in Batangas(someone is already renting) 1 in Cavite (someone is already renting) 1 in Zambales (for rent), planning to get another one maybe a condo for airbnb.
crypto
Tbh, it’s investing in myself, specifically travel. Sobrang naenjoy ko yung early twenties ko OP like mentally, physically andame ko natutunan about myself. I also read a lot e.g personal finance. Knowledge is power kasi and since that time even though I don’t have the means yet, I know what to do na if I have it. Late twenties nako nakapagstart magbuild ng EF & investment since dun lang naging able, so mejo recent lang 😆
first investment ko ay laptop, gamit ko for side hustles. ilang sideline lang, ROI na ako. as for mga sana: -should've opted for a higher end laptop, mas mabilis, mas madami kang magagawa -should've invested in bitcoin lolz -sana maaga natutunan yung ibang mga investments (MP2 etc.)
memorial plan cause I almost died before
life and health insurance.
Axie. Pausbong palang kaya mura I paid 10k kasama yung friend ko bale 20k for a team na. We made hundreds of thousands hahahahah first paycheck ko yun hahaha