Save Save din Pag may Time! ;p

Let me use a very common expression today of the youngsters, "save save din pag may time". In fact, it's true, we got to save as much as we can and not only when we have the time. People think saving should be the last on their list once they get their sweldo. Some folks use this format:

Income - Expenses = Savings

Kaya nga lalong di nakaka ipon because it's not your priority. It should be like this:

Income - Savings = Expenses

Don't worry about how much you can save, in reality, you should really be saving at least 10-20% of your income, but if you can't, then start small, sabi nga ni Randell Tiongson, RFP - baby steps. You can start saving 300 or 500 pesos every payday or if you can't keep 300 or 500, then why not 100 pesos.

There are a lot of reasons to save for; your medical expenses in the future, educational fund for your children, major investments and of course retirement. If you will not focus on expanding your net worth, kawawa ka naman pinoy by the time na 60 or 70 ka na (well if you live that long, but according to studies, humahaba ang life span ng pinoy) e sino mag aalaga sayo? Would you like to rob your children of their freedom ? would you like to be a burden to your children? Hindi ba masarap sa pakiramdam na pinag aagawan ka ng mga anak at kamag anak mo instead of being put away because you are such a burden?

Ito pa ang matindi, binilin ni God maigi sa atin ito that A good man leave inheritance to his children's children but the sinner's wealth is laid up for the righteous - Proverbs 13:22. We should be vigilant in laying up the foundation of becoming financially free for our family and become your childrens' role model in handling finances.


P.S.

let me share with you how worrying about finances can affect your IQ, I got this from Pru Life UK Official Facebook Page

Kaya pinoy, save save din pag may time! :)

Jendee S. Sapo
Financial Consultant
Pru Life UK
jendee.sapo@prulifeuk.ph