YOUR 5 HABITS TO CREATING WEALTH

After self-reflecting (and even before going into investments) the average Filipino should muster 5 essential habits to be able to really start his way towards creating wealth: 

1. STAY FOCUSED: On a daily basis, remind yourself why you are choosing to become wealthy. What is your “big why”? Why are you choosing to save and not spend? Then stay focused. Make an effort to always remind yourself your personal purpose for choosing to become wealthy

          “Huwag kang bibitiw sa iyong sinimulan. Araw-araw mo itong gagawin”

2. PROTECT YOUR CASH: Always be aware where your money goes. Train your mind to always be conscious on your spending habits. Protect your money at all times. Once any amount enters your pocket or wallet, guard it with your life.

         “Ang mga poster, billboard at mga komersyal sa tv ay hihikayatin kang ilabas ang iyong perang

          nakatago sa iyong bulsa. Huwag kang bibigay.”

  

3. CHOOSE YOUR FRIENDS: Associate yourself with like-minded individuals. Stay away from people who give you negative influences.

          “Pag hindi ka nila napapasaya, iwasan mo na sila. Bagkus, maghanap ka ng mga taong magbibigay

           ng positibong impluwensya sa iyong buhay”

4. EDUCATE YOURSELF DAILY: Learn all about your finances - how investing and financial markets operate, and how to get involved. Information is key!

         “Hindi sapat na ikaw ay nag-titipid lamang. Kailangan mong malaman kung paano palaguin ang

          iyong natipid na pera. Sa pamamagitan ng kaalaman sa mga instrumentong pam-pinansyal, matututo 

          kang mag-invest, at mapalaki ang iyong natipid at naimpok na pera.”

5. SPEND WISELY. After satisfying your basic needs, STOP BUYING stuff that lose value. Practice self-control and discipline when it comes to spending.

       “ Huwag magastos. Gamitin ang utak sa tuwing kailangan mong gastusin ang iyong pera.”

 Muster these, readers and be on your way to becoming wealthy.