I just want to share this experience. :)

[c0mpumast3r]

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I was able to help one family save mutual fund in FAMI today..gikan daw iya 13th month.

[c0mpumast3r]

I believe poverty is not the hindrance to success, financial mindset is.

[wizard_jamex]

If you want to save then pls use this formula/

INCOME - SAVINGS (20% of your income) = EXPENSE (80% of your income)

Pay yourself first.

[makie]

I believe poverty is not the hindrance to success, financial mindset is.

Poverty is actually not a cause, it's a by product of poor or lack of financial planning.

[neo4596]

If you want to save then pls use this formula/

INCOME - SAVINGS (20% of your income) = EXPENSE (80% of your income)

Pay yourself first.

10% ra man akong makaya i-save bai, ok ra na cya?

[facebook]

10% ra man akong makaya i-save bai, ok ra na cya?

ok ra na uy, labong nag start ka.. ako gani wala hehehe.. tua tanan sa asawa.. asawa nalang mo save para nako... kay akong na hibal-an gasto raman..

[neo4596]

Bitaw, mas sayun pa kung mag spend kaysa mag save. Kailangan jud ug discplina ani kung mag save ka. Moinvest nya ko pero dili sa ron kay mag study pa ko sa MF ug uban pa.

same here bai. ako pa gi tan-aw maau unsa jud ning MF. im calling out those people na naka-invest na, please share with us your experiences.

[neo4596]

My share:

Lisod jud kaayo ang mga save Sir.

So ang amo gibuhat, we forced ourselves to take a coop loan to put it into a savings/investment account. Gamay ra man ang interest kompara sa uban.

Dili man ta maka-save anang P500 or P1k a week or a month. Kay magasto jud na! For sure!
With loan, mura siya og forced savings kay payroll deduction man.

Weird? ...well, that's my share....




OT:
...and another IMG thread...

Payts!

dli ingon nga nanghambog ko but nakaya man nko ug save ug 1500 per month. pero na-change jud akong lifestyle: wla natong weekly na drinking spree, tagsa na lang ko muadto ug mall, wla nkoy tan-aw tan-aw ug sine, etc.

[makie]

same here bai. ako pa gi tan-aw maau unsa jud ning MF. im calling out those people na naka-invest na, please share with us your experiences.

1.) Diversify. If possible, invest in 2 or 3 MF companies
2.) Invest the soonest possible time
3.) Have fun. Don't get paranoid if NAVPS goes down
4.) Make it a habit to invest regularly especially if the NAVPS is down.
5.) Shift to an investor lifestyle and mindset. Think of ways of how to get the best out of your money.

[Metz]

10% ra man akong makaya i-save bai, ok ra na cya?

ok rana ang 10% bai samot na sa sugod. but once habit na, bump it up to 20%, then a total of 30% per month.

kay naa may 10% tithes. if you dont believe in tithes, 20% will do.
and someday sayonan naka sa 30% so mosaka napud ka hehe.