Financial Freedom

Financial freedom is available to those who learn about it and work for it..
-Robert Kiyosaki-

Save what you earn and spend what is left, instead of saving what is left after spending what you earn.

Yun ang pinaka-importanteng natutunan ko when it comes to handling money.

The 2nd was not to put all my eggs in one basket.

Dati, whenever I was asked to invest sa isang negosyo, I'd say no because wala akong time para tutukan yung business, because I felt that I needed to focus all my energy sa Parokya since it was my primary source of income, and ang plano ko lang was tumugtog at mag-ipon.

Then someone told me to diversify my investments and sources of income...para kung may mawalang isa, may iba akong mapagkukunan ng pera.

Nung nag-lockdown, biglang tumigil lahat ng gigs.

Kung umasa lang ako sa pagbabanda, wala sana akong ibang mapagkukunan to provide for my family aside sa ipon na sobrang bilis ma-ubos kung hindi nare-replenish.

Another thing I did was to "invest" in my wife...not necessarily financially, but more of yung time and support she needed for her to succeed on her own.

Tinuruan ko si Neri mag-ipon at kung paano mag-invest.

More importantly, instead of simply saying "ako na bahala sa lahat...asikasuhin mo nalang yung bahay", whenever possible, I would say, "ako muna dito sa bahay...asikasuhin mo yung mga kelangan mo gawin", which gave her the time and energy to focus on her goals.

Ngayon, mas malaki na sya kumita kesa sakin (even before mawala yung gigs!😂), at nung tumigil yung tugtugan, at least hindi ako masyado na-stress dahil aside from the fact na nakagawa ako ng mga secondary sources of income, alam ko na kaya kaming buhayin ng asawa ko sa pamamagitan ng pagbenta ng tuyo, s**a, kape, pajama, at beddings 🤟🏼😂 pam-bed and breakfast lang eh hahaha!

I'm proud to say na ako pa rin ang provider...pero mas proud ako kay Neri dahil sobrang laking tulong nya sa amin because of her online businesses.

Sya yung nagtuloy sa mga natigil kong mga plano...tulad ng lupa na 'to na balak ko bilin pero na-udlot dahil sa covid.

Binili nya para sa akin.

Eto yung bunga ng pagiging ma-ingat at wais ko sa pera, at pagiging supportive na husband.

Kumbaga sa zombie apocalypse, mas mabuti nang dalawang kayong magaling makipaglaban, kesa sa mag-isa ka lang.😎

Paano mo masasabi na ikaw ay financially stable? Basahin. ❤️

1. Build your emergency fund. Emergency fund should be atleast 3-6 months worth. Magagamit mo ito kapag ikaw ay nawalan ng trabaho, at para hindi karin mahirapan kung saan ka kukuha ng pang araw-araw mo. At huwag kalimutan na bigyan ang Panginoon ng ating mga biyaya. 🙏🙏

2. Get a short/long term health care. Hindi ibig sabihin kahit wala kapang sakit ay hindi ka kukuha nito, ito ay pag hahanda para ang emergency fund na binuo ay hindi mauubos kapag dumating na ang araw na magkasakit ka.

3. Get a life insurance. This coverage will be your income replacement, if the breadwinner will be taken out of the picture ang insurance ang papalit sa nawalang income.10 years is enough para maka adjust sa buhay. The earlier the better. Kasi kung late kana kumuha nito at hindi kana insurable (kapag ikaw ay na diagnose na ng anumang sakit) sayang naman.

4. Clear your debts. Utang. Ito yung hindi talaga mawawala satin, bakit? Kasi meron tayong mga home loan, car loan, credit cards etc. So pano ka makakapunta sa ika-limang step kung hindi mo ito tatapusin?

5. Your INVESTMENT. Again, kung ayaw mo malubog sa utang clear your debts first before investing to something. BUT if you think na kaya mo pagsabayin ang pag invest, like stock markets, mutual funds etc. Pag-aralan muna ang mga ito bago pasukin. Real estate is good too, but if installment it's up to you on how to handle your financial. About business, if you're knowledgeable about what business to put up then you can try it.

6. Don't forget your RETIREMENT, yes! We only live once, but we also grow old. Para hindi tayo maging pabigat sa ating mga anak pag dumating ang araw na tayo'y tumanda na. Masaya na tayong napatapos na natin ang ating mga anak, DON'T MAKE YOUR CHILDREN as your retirement plan. They also have a family to build. As a parent it's our obligation to raise them. In return, bonus nalang ang pagbibigay nila satin. :)

Sana makatulong sa lahat. ❤️