19/06/2021
“If you want to be financially successful, ang unahin ang pagbili ng bahay at kotse for personal use is not a wise idea” -what people say
This has been a debate to many but please empty your cup for now.
Bakit nga ba issue ito sa maraming success gurus like Robert Kiyosaki and many more. (I also agree with them)
First and foremost. Im not against buying a house and car for personal use.
In fact, Im very happy for those people. Kasi achievement yan ng buhay. Maraming tao they aspire to have those yet ikaw nagawa mo na. Pangarap ko din yan. Magkaroon ng bahay at kotse. Its a normal dream to every Filipinos. Specially OFWs.
So what then is the issue?
The issue is buying a house for personal use though it provides shelter and comfort does not mean an asset sa iyong cashflow.
And the car that you bought na utang also eats in your cashflow.
What does it mean?
Since you are paying for these things, nagsusuffer ang iyong income where you can buy great investment opportunities in the market. If hindi naman super urgently needed ang sariling bahay at kotse where we can still manage what we have at the moment, then It is wise to invest first our hard earned money to grow or potentially generate a passive income. Kasi once mag grow ang pera mo, buying this things becomes easier and less stressful.
You can invest in many things. You can diversify in stocks, unit trusts property for passive income and more.
Last year, if you have invested your money in stocks sa pinas and even unit trusts, you should have managed to earn a very decent return. If you are lucky with your picks, you may have double, triple or more your money in a year’s time.
Why? Maraming companies ang naapektuhan during this pandemic, most of their market value dropped so much in price that you can call it a bargain. Its like super sale sa pagiinvest. If meron mang silver-lining na dala ng pandemic, this is one of those.
Just think of this for a minute…
It is not bad to buy those things we aspire in life. Pangarap natin yan eh. So its good.
But what if you can but those things for free or at a discount?
How do i mean?
Remember what i said awhile ago where you invest your money and use the interest earned to buy what you want in life? How good is that db?
Nabili mo na ang gusto mo while your capital remained intact.
I have talked to some successful people along the way and maybe that’s where they got the saying-
“Rich people buy luxury last.”
Maybe because they invest their money with discipline and patience until they achieve their goal. Then luxury follows naturally.
Once achieved na ang desired goal based on timeline and purpose. Then comes buying the things we want and do in life.
Thinking about this things for me makes really sense. Buying the things that can be delayed should come later then invest the money for the time being to grow further to buy a comfortable future. The one we deserve. I believe we all deserve great and wonderful future. But it only comes to people who are willing to sacrifice.
How about you? Do you the same thing?
Invest your money then buy the thing you want for free?
I hope this experience of mine talking to people makes sense sayo.
All the best and keep safe friends!
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