A mini-course from Millenial Money.
Financial Freedom
1.) Lifestyle
- define your idea of success.
- me: an art studio and a double condo.
- define how much you spend.
- me: i spend only 2000 PHP per month.
- the younger you are, the more money you´ll earn and the less you´ll spend.
2.) How much?
- me: 10000PHP min. salary per month, spenditures of just 2000PHP per month (saving 80% of my income)
- kung maaari, sabihin mo sa magulang mo lahat.
- ano pa bang investments? kundi skills, talents and knowledge. lagi yung may kapalit talaga. mag-invest ka, laging may ¨offline¨ na nangyayari diyan...
- answering surveys is like investing, kasi passive income siya...
- it took me 1 summer.
3.) Net worth
- i think this is related to your personal self-esteem. dapat may ceiling ka dito.
- grow daw ng grow ang net worth, pero dapat gusto mo lang ng komportableng buhay.
- kung gusto mo namang ¨competent¨ or ¨competitive¨ ang net worth mo, dapat binabagay mo siya sa state ng market para lang di ka rin babagasak kung bumagsak siya.
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