If this is my monthly salary would it be enough to buy a bnew car?

[beni23]

Double post

[jhnkvn]

a friend of mine has 50 milion PhP which is a liquid asset, hanggang ngayon di pa bumibili ng auto cause he know the liability of having one, as he has learned from me.

even if his gf and some of our friends kept trying of forcing him to buy one he still refused, he just bought a house near his office as in tapat lang ng office nila, pag lasing after gimmick get a cab

I will also call BS. Unlike places such as Hong Kong where travel by foot is convenient, we live in the Philippines where you won't even see a company executive taking the LRT. In fact, a car here is treated much like a class divider whereas in other countries, there's not much of an embarrassment in eating out in a karinderya while driving a Porsche.

Eh dito pagsinabi mo sa tao may 50m ka in liquid assets ano gusto mo? Kidnap for ransom? In the Philippines, the most expensive liability is peace of mind. Unfortunately, it's your life which is at stake so you have every reason to cough up. There's a reason why there are tons of private armies in the country.

Once you have enough money, you begin depreciating the liability with peace of mind and convenience. Because those two are valued more compared to a car. Especially that peace of mind part which may be in all forms of "peace" such as avoiding the incessant nagging of your partner.

From my perspective, looks like somebody is trying to evade the BIR radar.

[dr. d]

If someone tells you that getting a car is an "investment" then stop listening to him.

Posted via Tapatalk

only a car salesman will say getting a car is an investment.
btw, i earlier suggested that TS save up and buy the car cold cash. why? because of the minute possibility that you might not have a job next month..
my point is this: if you are going to take a gamble, then gamble on something more meaningful, like a house and lot. at least there, the lending institutions are on your side..
i am a pessimist.. yes.
my 83 centavos' worth.

[robot.sonic]

Kung mag stock market ka, pwede rin na after a year mas maliit na pera mo. Di recommended ang stock market sa ganyan kaiksi na time horizon.

Sent from my Nexus 7 using Tapatalk HD

[beni23]

a friend of mine has 50 milion PhP which is a liquid asset, hanggang ngayon di pa bumibili ng auto cause he know the liability of having one, as he has learned from me.

even if his gf and some of our friends kept trying of forcing him to buy one he still refused, he just bought a house near his office as in tapat lang ng office nila, pag lasing after gimmick get a cab

^ 50M and he could not afford even a 700k car plus lets say 200k for the next 5 years for gas, parking and maintenance expenses? Maybe he just doesn't have the guts to drive within the Metro. Or maybe, just maybe, he does not have that kind of money, he's just talking sh*t that he has.

he..he.. ano pa matitira sakanya?

bumile ng display sa garahe... he.he...

Oo nga eh. Di niya ginagamit at 80+ pa lang natakbo kasi kinakabahan pa daw siya. Pero who knows baka mapromote siya bigla at tumaas ang sweldo niya. Haha

[jansky]

Kung ako nasa kinatatayuan ni ts
60k per month
Free loader
Less responsibilities
Ill grab the opportunity, live life to the fullest, enjoy habang bata pa

[victorevolution]

^ 50M and he could not afford even a 700k car plus lets say 200k for the next 5 years for gas, parking and maintenance expenses? Maybe he just doesn't have the guts to drive within the Metro. Or maybe, just maybe, he does not have that kind of money, he's just talking sh*t that he has.




Oo nga eh. Di niya ginagamit at 80+ pa lang natakbo kasi kinakabahan pa daw siya. Pero who knows baka mapromote siya bigla at tumaas ang sweldo niya. Haha

ahem ahem ahem... kindly understand and comprehend read between the lines

[Retz]

Much better if company will give or lend you a car.

[jut703]

^ 50M and he could not afford even a 700k car plus lets say 200k for the next 5 years for gas, parking and maintenance expenses? Maybe he just doesn't have the guts to drive within the Metro. Or maybe, just maybe, he does not have that kind of money, he's just talking sh*t that he has.

I also call BS. Napakahirap kumuha ng taxi kapag Friday night (actually kahit anong rush hour naman) and kung ganyan naman karami pera ko ano naman yung kumuha ng driver (assuming walang hilig magdrive) at sasakyan for the convenience. Malamang gastos yan, in the same way na gastos din kumain sa labas kaysa magluto sa bahay, pero you pay for convenience.

Ewan ko lang ah, wala pa ko namimeet na tunay na mayaman na hindi de-kotse, either by driver or self-driven.

And it doesnt make sense to be an office employee and have 50M floating around, unless bigay ni mommy and daddy. In which case, sana ininvest niya nalang sa negosyo. Kung businessman naman, imposibleng bahay to office lang byahe niya, so it makes a lot of sense to have a car.

[leodawesome]

^ Plus security when you have a car. If I have that amount, I wont ride PUVs :D

But then again, walang basagan ng trip. Pera nya yun eh, kaya kung bahay ang gusto nyang investment, choice nya yun.

[victorevolution]

I also call BS. Napakahirap kumuha ng taxi kapag Friday night (actually kahit anong rush hour naman) and kung ganyan naman karami pera ko ano naman yung kumuha ng driver (assuming walang hilig magdrive) at sasakyan for the convenience. Malamang gastos yan, in the same way na gastos din kumain sa labas kaysa magluto sa bahay, pero you pay for convenience.

Ewan ko lang ah, wala pa ko namimeet na tunay na mayaman na hindi de-kotse, either by driver or self-driven.

And it doesnt make sense to be an office employee and have 50M floating around, unless bigay ni mommy and daddy. In which case, sana ininvest niya nalang sa negosyo. Kung businessman naman, imposibleng bahay to office lang byahe niya, so it makes a lot of sense to have a car.

as we say in law never assume, only hard facts, he is a high government official(not elected but with security of tenure under the civil service law) and yes some of the money but not all came from his parents as advance legitime some came from the business he sold

pangasar nga namin sa kanya dati sa bayan niiyo kayo lang ang kilalang mayaman ngayon dalawa na kayo, ikaw at si pacman natabunan ka pa- end of stor since it will be ot and baka makilala pa friend ko dito.

baka kung anong lupalop ng ewan pinupuntahan mo kaya hirap ka makakuha ng taxi, along roxas and moa lang kami plus sa makati pero parating may taxi, baka kung saan red light district ka nagpupunta pasensya ka na di pa ganun ka dumi isip namin para pumunta ng pegasus or kung saan man mahirap kumuha ng taxi

and for the sake of argument mas puno ang mga parking lots during said gimmick nights except kung irereserve ka ng parking ng establishment owner(as we always do) tapos malamang you had a beer or two tapos uuwi ka ng magdrdrive- NOW THIS IS BS ilalagay mo pa ang ibang tao sa peligro dahil sa katangahan mo and for your own selfish convenience

as i've said kung ayaw niya bumili ayaw niya pera naman niya yun hindi mo pera yun para pangunahan siya kung ano ang gusto niyang gawin

same with the ts, he asked a question and many members here answered it directly and gave some advice and better options in the end it is his money and he will spend it the way he wants to spend it
last reply balik na sa topic i will stop replying to a speculative nonsense remark

[beni23]

as we say in law never assume, only hard facts, he is a high government official(not elected but with security of tenure under the civil service law) and yes some of the money but not all came from his parents as advance legitime some came from the business he sold

pangasar nga namin sa kanya dati sa bayan niiyo kayo lang ang kilalang mayaman ngayon dalawa na kayo, ikaw at si pacman natabunan ka pa- end of stor since it will be ot and baka makilala pa friend ko dito.

baka kung anong lupalop ng ewan pinupuntahan mo kaya hirap ka makakuha ng taxi, along roxas and moa lang kami plus sa makati pero parating may taxi, baka kung saan red light district ka nagpupunta pasensya ka na di pa ganun ka dumi isip namin para pumunta ng pegasus or kung saan man mahirap kumuha ng taxi

and for the sake of argument mas puno ang mga parking lots during said gimmick nights except kung irereserve ka ng parking ng establishment owner(as we always do) tapos malamang you had a beer or two tapos uuwi ka ng magdrdrive- NOW THIS IS BS ilalagay mo pa ang ibang tao sa peligro dahil sa katangahan mo and for your own selfish convenience

as i've said kung ayaw niya bumili ayaw niya pera naman niya yun hindi mo pera yun para pangunahan siya kung ano ang gusto niyang gawin

same with the ts, he asked a question and many members here answered it directly and gave some advice and better options in the end it is his money and he will spend it the way he wants to spend it
last reply balik na sa topic i will stop replying to a speculative nonsense remark

Bakit parang galit ka agad? Sabi mo never assume pero nagassume ka na kapag may kotse at gigimick eh magdidrink and drive na agad? Ako pag gumigimick di ako umiinom (di naman talaga ako palainom). Pwede namang makipagkwentuhan ka lang while they go have their drinks diba?

The implications of your reply were:
1. Never assume pero ikaw nagassume ka na nagpupunta siya sa kung saan saang red light district at nagdidrink and drive
2. Na mayaman yang kaibigan mo at pinagmamalaki mo siya
3. Pikon ka na agad at pinagtatanggol mo friend mo, ilang years na ba kayo niyan?

Peace.

[jhnkvn]

Just recently, a friend of mine from UP Accounting was offered 65k as base salary from HSBC. Then again, he's number two sa batch nila with only six of them graduating Summa Cum Laude.

But yep, normal fresh graduates get 15-50k. For top tier schools, it seems 20k is the basic salary nowadays. My generation is pretty much the generation of entitled kiddies -_-

[jut703]

True, every now and then someone lands a job that pays triple digit salaries. I'm not familiar with the others but the most prominent among our batch is McKinsey. Thing is, they only usually get 1 per year, and on some years they don't get any.

Among the current pool of people they're screening, only one's left in the running, a batchmate of mine who graduated Magna Cum Laude and won various international competitions.

Aside from the extreme rarity of these opportunities, what most people don't say is the stress that comes with it. Sure, you earn 150k a month, but you work til the wee hours of the morning and have to be ready with your reports by 8am. Not to mention that with such a lean company, you don't really get to enjoy any sort of company culture since there are less than a dozen of you in the office. Most people at McKinsey and other bigshot high-pay-high-demand firms have very high turnover rates (people leave in less than 5 years, at most).

Point is, it's a really competitive corporate world out there, and other intangibles can be just as important as pay. The grad speaker of UPD (summa, CBA valedictorian) this year chose to work with a firm because of its excellent culture, and though the pay's relatively high for a fresh grad, he could've chosen better offers but ultimately declined.

[jhnkvn]

I keep telling people, kung habol niyo lang yun paycheck, might as well setup your own businesses nalang.

The fastest road to riches? Entrepreneurship.

Kung pogi ka at maganda, sell yourself to somebody richer slash find sugar mommy/daddy.

Although in the Philippine setting, it's politics. It costs money to run though :naughty2:

[jut703]

Hard to start a business without capital. Hindi rin lahat may mommy and daddy na backer. I wish I could have my own but the reality is I've got to build my capital first through the corporate world, with the upside that I also get valuable experience while I'm at it.

Also, not all startups fly. Again, it's easy to fall if you've got someone to catch you, but not everyone has that privilege.

I also find it more impressive for someone to start his career from the ground up without parental intervention than the next rich kid next door who milked his parents for capital or a franchise to some expensive retail business.

[Noel Salisipan]

so balik sa original question: what advise does the TS get?

At that salary, sya rin makakasagot sa tanong nya. A simple economics logic can be, "if he can save at least 50% of his basic salary", then he can loan a new car"!

[falken]

Save a portion of your salary then start a business. If it becomes successful, you might not even need to worry about a loan.

[glenn manikis]

its enough but its better to save ang start your own bus...

para latter on...... ikaw na ang nagpapasweldo hindi na ikaw ang pinapasweldo...

may kwentong intsik.... FIL. TATAY- anak mag aral kang mabuti para pag nakatapos ka, makapasok ka sa trabaho at maging maganda ang buhay mo...

CHININESE DAD- anak mag aral ka mabuti para pag nakatapos ka, hindi ka lang maging empleyado at magkaron ka ng sarile mong negosyo...

[glenn manikis]

another story--- THE KUROT PRINCIPLE... FILIPINO dakot at utang AND A CHINESE kurot...

'KUROT' Principle...

Ano ‘yung Kurot Principle? Ay, ang ganda nitong Kurot Principle na ito. To better understand this, I will tell you a story of a person na balak bumili ng cellphone worth P1,000. Nagkataong mayroon siyang P100,000 na savings. Puwede ba siyang bumili ng cellphone? Puwede, kasi yung P1,000, KUROT lang ‘yon sa kanyang savings.

May pangalawang taong balak bumili ng cellphone. Ang bibilhin niya ay worth P1,000 din. Mayroon siyang savings sa bangko na P1,000. Bumili siya ng cellphone. Anong tawag dun? DAKOT na ‘yun! Dinakot lahat ang pera niya!

May pangatlong tao, balak bumili ng cellphone, pero walang savings. P1,000 lang naman ‘yung bibilhin niya. Bumili siya. Anong tawag ‘dun? UTANG na ‘yun!

Ang tanong: ano’ng prinsipyo ang ginagamit mo sa buhay mo? KUROT, DAKOT, o UTANG?

Magtataka pa ba tayo kung bakit tayo naghihirap o baon sa utang? Ang gagaling nating dumakot! Ang gagaling nating umutang! Gusto mong yumaman? Starting today, matutong kumurot. Kapag may bibilhin, dapat kinukurot lang! Nagkakaintindihan ba tayo? Kapag ginawa mo ito, pangako, yayaman ka.

Pag-aralan nating muli ang mga pinakamayayaman sa Pilipinas, ang Chinoy. Again, bakit sila mayayaman? Ang gagaling nilang… kumurot! Tayo ang gagaling nating… dumakot! Sasampolan kita…

Pinoy vs. Chinoy Businessman

May dalawang negosyanteng nagsimula ng kanilang negosyo, isang Pinoy at isang Chinoy. Ang capital nila pareho ay P100,000.

Sa unang buwan, si Pinoy, kumita ng P10,000. Ano ang iniisip bilhin? Cellphone. Si Chinoy, kumita rin ng P10,000. Ano ang gagawin niya? Idadagdag niya sa puhunan.

So magkano na ngayon ang puhunan ni Chinoy? P110,000! Si Pinoy, P100,000 pa rin, pero may bago siyang cellphone. Ang ganda!

Ituloy natin. After a few months, maganda ang takbo ng negosyo. Si Pinoy kumita ng P50,000. Ang Pilipinong may P50,000, ano ang balak bilhin? Bibili siya ng home theater, DVD, at LCD TV! Si Chinoy, kumita rin ng P50,000. Anong gagawin niya? Idadagdag uli sa puhunan niya. Magkano na ang puhunan niya? P160,000 na!

A few months later pa, ang Pinoy kumita ng P150,000! Ang Pilipinong mayroong P150,000, ano ang balak bilhin? Second-hand na kotse o pang-downpayment sa bagong kotse. Ang Chinoy, may P150,000. Ano’ng gagawin niya? Idadagdag sa puhunan! Magkano na ang puhunan niya? P310,000!

Buwan-buwan, si Pinoy kumikita. Dagdag siya ng dagdag ng gamit. Magkano ang puhunan niya? P100,000! Si Chinoy, buwan-buwan kumikita. Ano ang ginagawa niya? Dagdag ng dagdag sa puhunan niya. One day, Chinoy was able to save P1 million! So ginawa niya, he approached one supplier and said, “Supplier, kung bibili ako sa‘yo ng worth P1 million, bibigyan mo ba ako ng discount?” Hulaan mo kung ano ang sasabihin ng supplier. “Of course, ang dami mong bibilhin, kaya bibigyan kita ng additional 5% discount!”

Ngunit naisip ni Chinoy, “Hindi naman yata maganda na sa akin lahat ang 5%. Ang gagawin ko, bibigyan ko ang customers ko ng 3% discount at sa akin na lang ‘yung 2%.” Ibig sabihin, bababa ang presyo ng kanyang mga ibinebentang produkto.

It just so happened na magkatabi ang tindahan ni Chinoy at ni Pinoy. Pareho sila ng mga produktong ibinebenta. Given the situation, kanino kayo bibili? Kay Chinoy, because it’s cheaper. Ano ang mangyayari sa negosyo ni Pinoy? Malulugi na. Kasi mas mahal ang kaniyang produkto. Ano ang gagawin niya? Ibebenta niya ‘yung kotseng nabili niya ng P150,000. Sino ang bibili? Siyempre, ang maraming pera, si Chinoy. Tatawaran pa ni Chinoy ang kotse ng P80,000. Dahil gipit na si Pinoy, kahit palugi ay ibebenta na rin niya. Si Chinoy ngayon ay nagkaroon ng kotse na murang-mura lang!

After a few months, mauubos din ang P80,000 ni Pinoy. Ano ang susunod na gagawin ni Pinoy? Ang home entertainment niya ay ibebenta na rin. Magkano? P20,000 na lang. Sino ang bibili? Si Chinoy. Darating ang araw na pati ang cellphone ni Pinoy ay ibebenta na niya. Magkano niya ibebenta? P2,000 na lang! Isang araw, magsasara na ang negosyo ni Pinoy. Ano ang gagawin niya? Malamang, magtatrabaho na lang siya kay Chinoy. Ito ang kuwento ng bansang Pilipinas!

Naalala mo pa ba noong araw, mas mayayaman ang mga Pinoy kaysa sa mga Chinese. Bakit nagbago? Ano ba ang problema natin? Dakot kasi tayo ng dakot! Sila, kurot lang ng kurot!

Mayroon kaming naging participant before na nagsabi, “Sir, hindi naman totoo ‘yan! I know a Chinoy, he drives a BMW. That’s a P5 million car! Kurot ba ‘yun?” Malamang kurot ‘yun! Noong binili niya ‘yun, mayroon na siyang P100 million na savings! So kurot lang ‘yun! Nandiyan ka pa ba?

Isang Kahig, Isang Tuka

Saan ka makakakita ng mga taong isang kahig, isang tuka? Saan? Sa squatters area? Magtigil ka! Gusto mo’ng makakita ng mga taong isang kahig, isang-tuka? Sa Ortigas, sa Makati, may makikita ka.

What do I mean? Kapag hindi ka sumuweldo ng isang buwan, mabubuhay ba ang pamilya mo? Kung wala kang credit card, kung mawalan ka ng trabaho ngayon, ilang araw ang aabutin para mabuhay ng matino ang pamilya mo? Kapag nawalan ka ng suweldo, patay ka!

Ang mga Chinoy, kahit hindi muna kumita o magnegosyo, mabubuhay ng maganda. Bakit po? Kasi many years ago, kumahig sila ng kumahig at tumuka lang konti. Kaya marami sa kanila ngayon, tuka na lang ng tuka. Maraming Pinoy, kapag hindi tayo kumahig, wala tayong tutukain.

Ito ang masakit–sometimes, kahit matanda na tayo, kahig pa rin tayo ng kahig. Gaano karaming Pilipino ang 60 years old na ay trabaho pa rin ng trabaho? Puwede ba, simula ngayon, kumahig ka nang kumahig at iwasan munang tumuka. I-deprive ang sarili ng kaunti.

Ang pinakamasakit sa lahat ay ito–one day, you want to work, but you cannot work. You are already old. Why? Nagpakasasa ka kasi noong bata ka pa. Inubos mo na lahat ng lakas at kalusugan mo sa bisyo.

Tanong: Masama ba’ng bumili ng mahal? Sagot: Hindi! Basta kinukurot lang! Kapag nakakita ka ng kasamahan mong naka-Nike shoes, huwag mong husgahan kaagad iyong tao! Malay mo, kinurot lang niya iyon. At the end of the day, what is happening to other people is not important. What’s more important is what is happening to you.

copied from fb ko lang ito..