08/05/2025
Sa TAGAL mo nang nagwowork ganeto pa din ba ang scenario mo?
Let’s talk about Budgeting.
This must be the right allocation of your Salary:
50 % - BASIC NEEDS
This amount must be spend on Food, Transpo, House rentals, bills (water & electric), loans, credit cards, internet, etc.)
20 % SAVINGS
This fund will be used for building your emergency fund (3-6 times of your monthly income). Emergency fund will be used to ensure that you can pay your monthly expenses in case of emergency (i.e. NO JOB, atleast you have 3-6 months to find a new job).
After building your E-fund, this fund can be used for buying Cars, House, and other long term Goals. (Note: if your goal is more than 5 yrs, this must be invested to maximize the growth of your money.)
10 % TITHES (Giving)
Bring ye all the tithes into the storehouse, that there may be meat in mine house, and prove me now herewith, saith the LORD of hosts, if I will not open you the windows of heaven, and pour you out a blessing, that there shall not be room enough to receive it. - Mal. 3:10
10 % WANTS (Luho, play fund, etc)
This fund will be used for your happiness 😎 (kain sa labas, gala, MILK TEA 😂, bili ng kung ano-ano). Meaning bahala ka kung saan mo gusto dalhin to.
10 % INVESTMENTS
This fund will be used for your retirement (age 60 is ideal). This will be your PASSIVE INCOME or what we called PENSION in the event that you reach 60 yrs old. (Eto yung bubuhay sayo pag wala ka na Sweldo 👍🏻)
Your investment’s interest must be greater than the average 4% INFLATION. Meaning, the interest must be more than 8% to be safe.
(Note: You will ONLY withdraw this fund until Age 60, remember, Discipline is the Key)
Oh yan Kapatid, tinuruan na kita 😎. Kung gusto mo pa matuto, Feel free to message me for a Personal Financial Coaching. FREE lang naman to, so wag ka na mahiya 😅
Thanks for reading. Happy Sweldo! 🎉