tips on how to invest money

[infinite_trial]

i know there are several threads out there on how to save money...but i would like to solicit advice from my ate's, kuya's, lolo's and lola's here in tf. i've been working for 5 years now and i find it hard to invest my money. i can say i have nuff amount saved in the bank right now, but that is mostly for my sister's possible expenses in college (she'll be on her senior high this school year).

please give me advice on how could i invest for a house, probably put up a small business or other means of extra income. if you could also give me an estimate of how much should i earn every month/year, how much should i leave in the bank as backup money, etc. i've tried looking for information online but it's quite frustating when it comes with correspondence with the banks or gov't establishments -- old school pa kasi ng konti yung mga websites nila, not to mention very slow response. di ko naman mautusan yung mom ko, super mahiyain kasi yun.

any input would be greatly appreciated :)

[summergirl]

try to save at least 1-2 lapad every month,try to open another bank account for the savings deposit only...Para di mo magalaw at wag ka pagawa ng cash card..Try mong mag inquire sa PNB may pa housing loan sila..Good luck,kaya mo yan dear

[louvette_15]

hindi pa naman ako nakapag try mag invest sis, pero karamihan kasi ng mga tita ko na nandito ay sa time deposit nila nilalagay ang pera nila sa pinas..

http://www.citibank.com/ipb-singapore/fixed.htm

[megami704]

IMO, for a starter, if you still havent think about opening ur own business here or in Pinas, and prefer to work muna since you`re still helping your family, try to save money first as much as you can, kahit 1man every month without withdrawals. In years time, pwede ka na makapagloan because you got their trust already.

Try mo rin mag-invest on mutual funds, i heard malaki din ang interest rates nila although hindi ko pa nasubukan. Kung gusto mo ng safe, sa banks of course pero maliit lang ang interest, pero the more you have balance in ur account, the more you earn from your inetrest:)

AKo din kasi gusto ko mag-invest sa real estate, pero ala pa ko enough money for the downpayment and monthly ammortization since ala ako work as of now. Naka-usap ko naman yung bank for house loan, medyo hindi pa ako qualified because hindi nga ako regular na nagdedeposit.

[infinite_trial]

i have bank savings (for my sis' college expenses which i mentioned). di ako nagpapadala ng money before but my mom gets 20k pesos every month from my salary in the philippines. then i just take home about 10-20万 everytime i go home yearly. a portion of my money is saved in time deposit, pinapatubo ko lang ng pinapatubo at di ko ginagalaw. i have also invested in sunlife, but i won't get anything yet til at least 2 years from now. i wanna invest on a house sana since we still live in an apartment but dunno how much cash flow should i expect every month and if my job is nuff to sustain that. sorry wala pa talaga akong idea kasi i'm the only one who handles my finances and my mom has no idea about investing money. medyo panic mode lang sa baba kasi ng palit ng pera, sa mahal din ng gastos dito and sa mahal na anticipated na gastos ko para sa pag-aaral ng sister ko. right now, i can still afford it since puro baon lang naman at konting gastos sa bahay. thanks for your suggestions.

[fanfran]

I suggest you read the book "Wealth within your reach...Pera mo palaguin mo" by FJ Colayco,it is about personal finance for Filipinos.Ako instead of putting my savings in an ordinary time deposits,I placed it in a 5 year time deposit tax free and in a bond fund,since I will not need this money pa naman.Save as much as you can.And you should know the right investment for you.There are many investment products that will give your savings a good return.Good luck.

[mamimo]

@IT
di ba taga-Bulacan ka? you`re referring to a property na ipapa-lease mo o titirhan ng family mo?:confused:

[infinite_trial]

^ titirhan mami. kahit hindi sa bulacan

[mamimo]

but dunno how much cash flow should i expect every month and if my job is nuff to sustain that.

sis I think medyo critical tong basehan if you`re aiming for a housing loan, minsan madali kang approve for the loan kapag makita ng bank na maganda ang kita mo at stable ang work pero ang pagtatapos ng hulog nakasalalay sa cash flow mo. may mga association ng rural bank na may binebentang properties na may magandang presyo kumpara sa presyo ng mga kilala/malalaking banko kung talagang natingin ka pwede ka rin mag-inquire sa kanila...compare the prices, terms and interest rate.:);)

[v_wrangler]

My unsolicited advice would be to count what you have now rather than what you don't have yet.

What I mean to say is this:

Many people who want to live a financially comfortable life - start off wishing what they want to spend their money on. Good if you have the money on hand already.
While that is the general attitude - many fail to see that it is important to work on creating your value first.

Focus first on how you can improve your financial worth. Financial worth roughly translated as the amount of money getting in from a stable employment in a period of say - 20 to 30 years from now.

If you do not see your current job as your long time career, then what you do now does not lead you to where you want to be in future.

This is proportional to your current skillset - if you have greater skill than the rest - the probability of you getting a rewarding job (and pay to support the lifestyle you aspire) is high.

Personally, I do not rely much on hieh-yielding bank based interest investments etc - as institutions are also vulnerable to bankruptcy. If they disappear - so your money.

If you are able to attain a rewarding career (which means money) and a good reputation, you'll find it ironic that banks will even come to your door volunteering a loan...

Rely on your sariling kayod and instinct. If you focus on building your financial worth and career - noone can take that away from you. You'll go up the ladder like kawa no nagare no you ni...


To sum it all. Once you have built a career and a steady flow of cash, thats the time to think about where to spend them - could be a house, a car or your dream date in teh bahamas.

Sorry I might have confused you more...:)

[scion_cho]

I suggest you read the book "Wealth within your reach...Pera mo palaguin mo" by FJ Colayco,it is about personal finance for Filipinos.Ako instead of putting my savings in an ordinary time deposits,I placed it in a 5 year time deposit tax free and in a bond fund,since I will not need this money pa naman.Save as much as you can.And you should know the right investment for you.There are many investment products that will give your savings a good return.Good luck.


I agree mostly with Colayco re: (a) diversify (re: investments) and (b)take advantage of compound interests.

(a)There are a lot of investment instruments to choose from.

Bank deposits are basically secure ( insured only up to Php250k) but has low growth even in fixed time deposits. Let's say interest rate is at 3%; sad thing is inflation rate in the Philippines is currently at about 7%. Thus, money being dormant in banks actually would reflect as losses.

On Mutual Funds (3 types). You can choose between low risk low return (bonds) -> high risk high return (equity) or a balanced fund. Usually, the returns are much higher than bank deposits but since these funds are market driven, there are risky periods (like when equity funds that were bought last December, currently have a loss of about 20% to date).

Stocks. You can trade in Philippine stocks even when you're here in Japan because there are already online brokers available. I'd classify this as very high risk, very high return (relatively), and this really needs personal involvement (constant reading on business trends, etc).

So if for example you have Php1Million, perhaps 500k are in time deposits, 400k on Mutual Funds then 100k on stocks. Diversification of investments help in lowering down the risks.

(b) No matter how small the investment is, when invested early, after 3/5/10 years it would become a lot because of compounding. Before this year's US subprime mess, investments in equity funds doubled after 3 years. The key here is making your money mature with TIME. On the other hand, TIMING is also important. As was pointed out, investing in MF 3 years ago was very much profitable compared to investing last December when the market became bearish.

[sarpon]

I agree mostly with Colayco re: (a) diversify (re: investments) and (b)take advantage of compound interests.

(a)There are a lot of investment instruments to choose from.

Bank deposits are basically secure ( insured only up to Php250k) but has low growth even in fixed time deposits. Let's say interest rate is at 3%; sad thing is inflation rate in the Philippines is currently at about 7%. Thus, money being dormant in banks actually would reflect as losses.

On Mutual Funds (3 types). You can choose between low risk low return (bonds) -> high risk high return (equity) or a balanced fund. Usually, the returns are much higher than bank deposits but since these funds are market driven, there are risky periods (like when equity funds that were bought last December, currently have a loss of about 20% to date).

Stocks. You can trade in Philippine stocks even when you're here in Japan because there are already online brokers available. I'd classify this as very high risk, very high return (relatively), and this really needs personal involvement (constant reading on business trends, etc).

So if for example you have Php1Million, perhaps 500k are in time deposits, 400k on Mutual Funds then 100k on stocks. Diversification of investments help in lowering down the risks.

(b) No matter how small the investment is, when invested early, after 3/5/10 years it would become a lot because of compounding. Before this year's US subprime mess, investments in equity funds doubled after 3 years. The key here is making your money mature with TIME. On the other hand, TIMING is also important. As was pointed out, investing in MF 3 years ago was very much profitable compared to investing last December when the market became bearish.

pwede pong paki-tagalog?:p

i have read from somewhere that buying house, cars, and/or other personal thing cannot be called an investment. Your money will be stagnant and will not grow (and even depreciate in terms of cars and the likes). Its better to think of a business venture - even a small one and something that you know a thing or two. what type of business then?

ako din nagtatanong hanggang ngayon nyan e!:)

[makulit]

dont invest on stocks and mutual funds at least not till the market recovers. bagsak lahat ngayon, you'll lose your hard earned money. safest is yung tulad ng sinabi nila na ilagay muna sa time deposit.

[makulit]

pwede pong paki-tagalog?:p

i have read from somewhere that buying house, cars, and/or other personal thing cannot be called an investment. Your money will be stagnant and will not grow (and even depreciate in terms of cars and the likes). Its better to think of a business venture - even a small one and something that you know a thing or two. what type of business then?

ako din nagtatanong hanggang ngayon nyan e!:)

makisagot po ....

investment po ang bahay at lupa. nag aapreciate po ang lupa. kung bumabaha ka naman ng salapi, mas maganda nang bumili ng mga lote at pabayaan lang mag appreciate ito.

ang kotse, jewelries ay more of karangyaan than investment. nagde-depreciate po kasi ang value ng mga ito. hindi mo maibebenta sa presyo ng pagkakabili.

business ... sa hirap ng buhay sa pilipinas ngayon ... ano kayang business ang profitable?

[megami704]

pwede pong paki-tagalog?:p

i have read from somewhere that buying house, cars, and/or other personal thing cannot be called an investment. Your money will be stagnant and will not grow (and even depreciate in terms of cars and the likes). Its better to think of a business venture - even a small one and something that you know a thing or two. what type of business then?

ako din nagtatanong hanggang ngayon nyan e!:)

An asset is considered as an investment, since it appreciates. Meaning, hindi bumababa ang value. Example na lang po ang real estate, na nag-aappreciate every year. Pero meron din naman lots na hindi nag-aapreciate, kaya if you`re buying a lot as an investment, make sure na maganda ang lugar, at walang magiging problem in the future.

Cars are not considered as an asset since nagdedepreciate ito habang tumatagal. Liability ika nga.

I think ok lang bumili ng house because kailangan natin ito, kesa naman mag-rent.

Syempre before you can invest for something, either business or real properties, invest your time first in your career for a start, make connections, have experiences, save or put your money to a certain bank or company where in you can earn interests kagaya ng mga na post ni scion cho.

Infinite, if you really want to have your own house / tirahan instead of renting, madami din rent to own. Sayang din naman ang rent diba, pero syempre mas maganda yung kaya mo talaga, yung hindi ka kakapusin since may pinapa-aral ka pa pala.

[louvette_15]

pwede pong paki-tagalog?:p

i have read from somewhere that buying house, cars, and/or other personal thing cannot be called an investment. Your money will be stagnant and will not grow (and even depreciate in terms of cars and the likes). Its better to think of a business venture - even a small one and something that you know a thing or two. what type of business then?

ako din nagtatanong hanggang ngayon nyan e!:)

my poor dad and my rich dad po ba yung nabasa nyo? uu nga po marami syang dahilan kung bakit nya nasabing hindi daw investment yung buying a house dahil sa maintenance etc, pero sa tingin ko din po kung nagrerent tayo habang buhay, mas magastos yata.. example po, im renting a bungalow 5000pesos a month eh yung tita ko hindi na po umabot ng 2000pesos yung monthly amortization nya sa bahay at lupa nyang parehong pareho ng lot area at floor area nung inuupahan naming 5000pesos a month.. opinion ko lang po..

[itchay]

a very simple technique taught by robert kiyosaki...

buy assets, not liabilities...


what it means? (http://yourfamilyfinances.c om/yff/Article_Rich_buy_Ass ets.aspx)

[infinite_trial]

absorb ko muna isa-isa yung advice nyo ha hehe..

hope marami pa kayong mashare para naman may idea yung ibang bagets maginvest ng pera nila. yung house di ko matuloy-tuloy ang pag-inquire sa loan kasi di naman ako nagtatagal sa pinas pag nagbabakasyon (pati nga ngipin ko di ko mapabrace sa bakasyon na yan!) :hihi:

pero yun gusto ko nga sana makahanap na ng bahay pero wala akong idea kung gaano yung dapat kong itabi para di ako kapusin at kung magkano ang dapat na kinikita ko para makapagsave pa ng money. nakikitira lang kasi kami sa apartment ng tita ko and ayaw pa naman umalis ng nanay ko doon hangga't walang sariling titirhan..kasi nga sayang daw ang ibabayad sa apartment. saka gusto ko na din makaeskapo sa ibang kamag-anak hehe kasi di kami makaipon sa dami ng umuutang sa nanay ko :cry:

[engr_jazon]

bili ng LUPA...
lalo na sa mga probinsya..central luzon... agricultural lands medyo mura pa...

then agad bawi mo ang pera mo ilang years lang of harvest...

eto halimbawa:

20,000 square meters (2hectares) na lupang sakahin...
ipasaka halimbawa ng 2times a year...
each harvest, pwede ka makakuha ng 200cavans... 400cavan sa isang taon...

isang sako is sabihin mo nang 45kilos nalang... sabihin mo nang 280cavans nalang ang matitira sayo dahil sa bayad sa tao, patubig, buwis etc....
280cavan x 45 = 12600kilos

ngayon ang per kilo ng palay is 17pesos...

12600kilo x 17pesos/kilo = 214,000pesos
in about 3-4years bawi ang puhunan...
e panu pa kung mas marami pa ang nabili mo kaysa sa 2hectares na example...
then medyo binabaan ko na yang sample na yan...sa totoo mas marami pa ang makukuha mo dyan...

then tumataas pa ang value ng lupa.....
so hindi natutulog ang pera mo sa napakaliit na interes sa banko..
in few years time kikita ka na...

isa pang maganda eh mga paupahan na apartment/bahay/ or condo kung may budget agad...

ang sasakyan di tumataas ang value.. so not advisable...
depreciation ang nangyayari dyan...

[makulit]

regarding bahay, depende kasi kung magkano ang bahay na gusto mong bilhin. in cash ba? bank financing? at ilang years to pay.

normal na transaction sa pagbili ng bahay ay 20%DP at installment na yung iba. So halimbawa po na ang nagustuhan mo na bahay ay 1.8 Million, 360K ang deposit mo. Maraming Expenses na mai-incurr sa paglipat sa bagong bahay at bago maiturnover ito sa yo. Nandyan yung pakabit ng tubig, kuryente, telepono, processing fees, etc. etc. at bibili ka pa ng mga furnitures. Maganda na siguro na maging safe, maglaan ka ng mga 600K para makapagdeposito, mainstall lahat ng kailangan sa bahay mo pati na mga serbisyo at magkaroon ng appliances at furnitures kahit konti sa umpisa.

assume mo na po na ang monthly amortization mo sa bahay kung 10 years to pay na may fix interest na sabihin natin na %rate per annum. Babayad ka ng mga 15K per month pataas. payable ang amortization sa buwan na lumipat ka sa bahay.

[mamimo]

a very simple technique taught by robert kiyosaki...

buy assets, not liabilities...


what it means? (http://yourfamilyfinances.c om/yff/Article_Rich_buy_Ass ets.aspx)

when you`re spending in a so-called asset instead of earning from it, it turns into a liabilities? a housing loan may be consider as one?:confused:

@scion
kung gusto maniguro ni IT sa savings nya medyo kabado sa MF, kung di pa gano kalaki ang iinvest wise bang i-take ang risk? nagtatanong lang po:)

[itchay]

when you`re spending in a so-called asset instead of earning from it, it turns to a liabilities? a housing loan may be consider as one?:confused:


i guess known na si kiyosaki for saying that a house is a liability. kung lupa lang, for him, that's an investment. my personal opinion is, a house only gets to be a liability if it's already too big for your needs, and if the upkeep is really eating up an unhealthy portion of your income. a mid-sized comfortable house is i guess not a liability, but not an investment either. it's just a necessity. so kung housing loan, just think na lang that the only investment you're really buying there is the lot.

medyo malayo pala sagot ko... it's still investing, in a staggered sort of way...

it's really the same compared to if you loan from the bank, and pay an "investment" like this outright. although you can already make your asset work to produce income this way, you also have to pay the interest you owe the bank.

disclaimer: only my personal views.

[houseboy]

@ IT

I think this really depends on how much risk are you willing to take.

If you like a low-risk, low-income type of investment, then there's your good old bank. There are also investment companies and fund managers that would love to have you as an investor.

If you would consider a house as an investment, and you would like your family to have your own house, then go ahead and buy one. Paying for a mortgage can be financially draining but giving your mother a house that she can call her own and putting a smile on her face is priceless.

If you want to go for the fences, then create or have your own business. ;)

[infinite_trial]

hb, that's the first time i see you talk some sh*t lol!

okay let's say i'm targetting to buy a house. a simple house...anyone could care to share based on his experience getting one?

[v_wrangler]

hb, that's the first time i see you talk some sh*t lol!

okay let's say i'm targetting to buy a house. a simple house...anyone could care to share based on his experience getting one?

Questions to ask yourself:

1. Can you afford it? Can you afford the monthly mortgage?
2. How long do you intend to pay for it?
3. Does your current source of income until the last mortgage allow you to still pay the other bills and live conveniently?

If the answer is no or unlikely, your best option is to RENT for a certain period of time until you are able to convince yourself that you can afford it.

Buying a house is an easy decision, what comes after is the difficult one. It took me sixteen years to finally jump into the bandwagon. But that sixteen years allowed me to set up the path that will pave way for me to complete the mortgage without so much strain in the pocket for the coming years. I'm not yet even done but I'm glad I made a careful decision.

In the meantime - just save your money while you are in Japan and concentrate on making a good foundation for your professional growth (Either find employment that would make you stay and grow, or get into some business (you will need skill here).

When you've done that, believe me - it will be easy to think on where to spend the cash!

I'm getting sleepy.

[scion_cho]

when you`re spending in a so-called asset instead of earning from it, it turns into a liabilities? a housing loan may be consider as one?:confused:

@scion
kung gusto maniguro ni IT sa savings nya medyo kabado sa MF, kung di pa gano kalaki ang iinvest wise bang i-take ang risk? nagtatanong lang po:)

Mutual Funds gain in time, I believe. If you can wait at least 3 years (actually better kung longer pa) before selling back your fund ok na rin. Merong mga market adjustments na tinatawag kaya bumababa rin ang value, pero all in all pataas pa rin lagi ang trend. Minsan mabilis, minsan mabagal. :cool:

I'd only suggest this to ma'am IT kung meron siyang spare money for investment na willing siyang hindi galawin for a long period of time. At this point, bumaba na ng husto ang Phil stock market pero sa tingin ko hanggang doon na lang. So eventually pataas na uli siya dapat. (ako actually yung minalas dahil nakapag-invest ako before bumagsak ang market... :( )

Meron din naman yung less risky types of Mutual Funds (Bond and Balanced Fund).



okay let's say i'm targetting to buy a house. a simple house...anyone could care to share based on his experience getting one?

Kung gusto mong pagawan ng bahay ang family mo sa Pinas, better yet gawin niyong apartment type -- or something na pwede niyong parentahin yung ibang parts. For example, a building type (3 to 4 floors maybe) kung saan yung top floor ang magiging parang bahay nila. The rest (sa ibaba) pwedeng iparenta for businesses.

In a matter of time, hindi mo na kelangan magpadala ng pera sa kanila, dahil meron naman silang sisingilin na rent. May matitirhan na nga sila, kumikita pa! Now that's what they call an asset :cool:.

Ang important factor lang dito ay yung location, siyempre to attract lessees. Kapag maganda ang location, gawa ka lang ng bahay + spaces for rent... madali na lang pumasok ang pera niyan. hehe.

Wag niyo nang isipin ang "dream house" model. Basta magandang location, sturdy building, spacious rental spaces OK na yun. Unless you would want to live together under the same roof and have an extended family, yung fancy-dream house- architectural- blah blah, saka na kapag nakapagpakasal na kayo and would start to have a new family. :)

[infinite_trial]

mr v that's why i'm asking for an estimate since i can't afford it right now...i'm targetting to buy one though once i have the money or my job is stable. maybe i'm in panic mode right now cuz my mom is nagging me everyday about the expenses hehe. i'd really like to stay in the IT business, but since i'm here in japan and i dunno what could happen in the future...i would like to know if there's another option for me to save money. i've done saving money in the bank, the time deposit and the insurance...if i have the extra money in the future..i'd wanna know where i could put it.

thanks everyone for the advice...keep em comin. i was busy all day to reply to them one by one.

[Megumi]

At this point, bumaba na ng husto ang Phil stock market pero sa tingin ko hanggang doon na lang. So eventually pataas na uli siya dapat. (ako actually yung minalas dahil nakapag-invest ako before bumagsak ang market... :( )

Meron din naman yung less risky types of Mutual Funds (Bond and Balanced Fund).
:)

Pareho pala tayong nakabili ng MF/equity funds bago bumaba ang market. But I'm happy to hear na "hanggang doon na lang" ang bagsak ng stock market.

Has anyone heard or tried Landbank's new offer for OFWs na LTNCD
(Long Term Negotiable Certificates of Deposits) (7% in 5.5 years, maximum P250,000 per investor... ang tagal ng 5.5 years, better to invest in mutual funds?)
http://business.inquirer.ne t/money/topstories/view/20080429-133313/High-yield-se\
curities-for-OFWs-launched (http://business.inquirer.ne t/money/topstories/view/20080429-133313/High-yield-securities-for-OFWs-launched)
http://blogs.inquirer.net/moneysmarts/2008/04/29/gov%e2%80%99t-bank-targets-ofws\
-with-high-yield-deposit-product/ (http://blogs.inquirer.net/moneysmarts/2008/04/29/gov%e2%80%99t-bank-targets-ofws-with-high-yield-deposit-product/)
http://blogs.inquirer.net/moneysmarts/2008/05/06/your-landbank-ltncd-questions-a\
nswered/ (http://blogs.inquirer.net/moneysmarts/2008/05/06/your-landbank-ltncd-questions-answered/)
https://www.landbank.com/faq_LTNCD.asp

[baklita]

dont invest on stocks and mutual funds at least not till the market recovers. bagsak lahat ngayon, you'll lose your hard earned money. safest is yung tulad ng sinabi nila na ilagay muna sa time deposit.




dito tayo hindi magkaigihan sa pananaw. at this time, it is best to buy equity
when the market is near or is at the bottom. the only recourse for the stocks
is to go up when the economy starts to recover. yes, I do recommend that one
buys stocks today.

there are thousands of stocks to choose at nyse (new york stock exchange),
nasdaq, even in japan or if you prefer philippine scenario. you can become a
day trader and attempts to beat the market.

if you prefer to have your money handled by financial experts... then I do
suggest you buy mutual funds.

real estate can also be a profittable investment.

aihihihi!!! :lol:

baklita

[Dr.]

If you haven't read the book of R.Kyosaki, very helpful sya.
Buy asset and not liabilities.
House and lot is not an asses, sabi nya, lalo na kung hinuhulugan mo lng,
di sya matatawag na asset. kasi palabas ang pera mo monthly. It is all about cashflow sabi nya.

I may be bad in explaining things, pero sa book is very informative. I highly recommend these:
Book 1 Rich dad poor dad
Book 2 Cashflow
marami din sya iba pa books

[gabby]

Hi IT!

I reckon that vwrangler`s advice is very logical.

I mean it is good that at this early you are already thinking on how to get your life financially viable in the future. It is a brilliant idea and an excellent attitude as oppose to young women wasting their hard earned money on cosmetics,fancy clothes, lypo suction and nonsense surgery.

But I do agree with vwrangler. Take it easy. Try to stablish a long lasting career first and be very stable, career wise.

There are many things to consider in investing money. Foremost of which is your attention. Don`t let other people handle your investment specially when they dont know nothing about it, including your closest relative.

But if you are really keen to do poor dad rich dad kind of thing, educate yourself with how the stock market works, or forex. It will do.

But trusting your family to run your money is a very risky thing to do. You ask around and you will see how many losers are there who think that mother, father or any members of the family can multiply their hard earned money for them

,quote=infinite_tria l;601574]absorb ko muna isa-isa yung advice nyo ha hehe..

hope marami pa kayong mashare para naman may idea yung ibang bagets maginvest ng pera nila. yung house di ko matuloy-tuloy ang pag-inquire sa loan kasi di naman ako nagtatagal sa pinas pag nagbabakasyon (pati nga ngipin ko di ko mapabrace sa bakasyon na yan!) :hihi:

pero yun gusto ko nga sana makahanap na ng bahay pero wala akong idea kung gaano yung dapat kong itabi para di ako kapusin at kung magkano ang dapat na kinikita ko para makapagsave pa ng money. nakikitira lang kasi kami sa apartment ng tita ko and ayaw pa naman umalis ng nanay ko doon hangga't walang sariling titirhan..kasi nga sayang daw ang ibabayad sa apartment. saka gusto ko na din makaeskapo sa ibang kamag-anak hehe kasi di kami makaipon sa dami ng umuutang sa nanay ko :cry:[/quote]

[Bored]

Hi IT!

I reckon that vwrangler`s advice is very logical.

I mean it is good that at this early you are already thinking on how to get your life financially viable in the future. It is a brilliant idea and an excellent attitude as oppose to young women wasting their hard earned money on cosmetics,fancy clothes, lypo suction and nonsense surgery.

But I do agree with vwrangler. Take it easy. Try to stablish a long lasting career first and be very stable, career wise.

:cry:[/quote]


Sir, What if the person got accident and can not continue working? Do you think he can still find a ways to invest? Mabuti seguro as early as possible mag invest na. Huwag na lang hihintayin pa na maging stable sa work or career mo. At saka some companys dont pay benefits at all pag nagkaka accident.