Frugal Living: What Habits Help You Save Money?

**jut703** · January 11th, 2018 12:41 PM

Originally Posted by shadow

malaki pa rin kahit na round off natin sa 40% savings, maliit talga expenses mo dahil around 25%- 30% lang income mo ginagastos mo or....MALAKI lang talaga sweldo mo! pautang!

Kuripot lang talaga ko. [emoji23]

Yung one year ko, one month mo lang...kaya nga aalukin kitang maging ninong sa kasal. [emoji16]

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**uls** · January 11th, 2018 12:42 PM

Di ko gets ung thinking ng mga tao na nakatira sa rental apartment tapos 2 o 3 kotse

Imbes na unahin ang bahay, inuuna ang kotse

**jut703** · January 11th, 2018 12:43 PM

Originally Posted by uls

Di ko gets ung thinking ng mga tao na nakatira sa rental apartment tapos 2 o 3 kotse

Imbes na unahin ang bahay, inuuna ang kotse

Baka car plan yung kotse? Wala naman yatang housing plan na inooffer ang kumpanya pero common ang car plan. [emoji4]

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**EQAddict** · January 11th, 2018 12:48 PM

Learned a lot from this thread.

Do you guys consider non liquid assets as savings? Or need it be cash and other liquid instruments?

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**jut703** · January 11th, 2018 12:54 PM

Originally Posted by EQAddict

Learned a lot from this thread.

Do you guys consider non liquid assets as savings? Or need it be cash and other liquid instruments?

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Depends really on your school of thought.

If you follow Kiyosaki's Cash Flow Quadrant, then the properties that are for rental or capital appreciation are technically savings/investments while the house that you live in is not.

Personally, I'm a bit more lenient with myself in the sense that I consider the payments going to the condo as investments, just for the binary definition that anything that doesn't hold or appreciate in value isn't an investment. But technically unless I sell/rent it and not live in it, it's not an investment.

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**uls** · January 11th, 2018 12:58 PM

Originally Posted by EQAddict

Learned a lot from this thread.

Do you guys consider non liquid assets as savings? Or need it be cash and other liquid instruments?

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As long as your money is parked in assets that increase value over time I'd consider it savings

**shadow** · January 11th, 2018 01:01 PM

Originally Posted by jut703

Kuripot lang talaga ko. [emoji23]

Yung one year ko, one month mo lang...kaya nga aalukin kitang maging ninong sa kasal. [emoji16]

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ang laki pala expenses namin monthly, wala kami amprtization, ay meron pala isang condo P40k/month but thats it kotse wala...insurance but I think semi or quarterly... kuryente, company shouldering it, but not monthly pag malaki lang like this month for the month of december or kung kailan ko ayaw magbayad...

but ang laki pa rin ng CC monthly, its like meron malaking expenses talga every month...but we different set up from others, my wife's money is hers, I dont care kung saan niya gastusin, i dont asked..siya nagbayad ng sweldo ng ma katulong and groceries cuz I dont want to get involved with that... she earned it, she spend it...

nun november and december I know saan yun extra na malaking gastos dahil dumating cousin ko from US and we have to pay for his stay in Solaire for 10 nights that's roughly p100k+ even with a corporate rate. then dumreteso pa sa boracay and we stayed in discovery 4 nights yun 2 rooms so roughly ganun din plus yun pagkain pa and airfare sa PAL, but I still have around 40-60k unaccounted hinde ko talaga alam saan napunta. last week ko pa iniisip...ah nag Japan pa pala..so hotel din kami...and ang mahal din ng hotel per night sa Japan...thats on top of our montly expenses..

**CVT** · January 11th, 2018 01:01 PM

Originally Posted by jut703

Depends really on your school of thought.

If you follow Kiyosaki's Cash Flow Quadrant, then the properties that are for rental or capital appreciation are technically savings/investments while the house that you live in is not.

Personally, I'm a bit more lenient with myself in the sense that I consider the payments going to the condo as investments, just for the binary definition that anything that doesn't hold or appreciate in value isn't an investment. But technically unless I sell/rent it and not live in it, it's not an investment.

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Yes, isang school of thought diyan, money in your house - tulog...

So, instead, mag-apartment ka na lang,- and then use the money intended for the house (at least siguro P5M iyon) to run and finance your business.... And then, buy/build your dream home later...

Basta mas malaki ang tubo sa negosyo vs. appreciation ng bahay,- go with the former...

Else, kung mas maliit ang tubo sa negosyo o walang negosyo,- bahay ka...

**MR_BIG18** · January 11th, 2018 01:04 PM

Originally Posted by uls

So dapat habang malakas pa ang katawan at kumikita pa, mag ipon at bumili sa assets na nag g-generate ng income

Like property na pwede irent out

Pag dumating ang panahon na hindi na makatrabaho, meron parin income

if you have any non performing assets, sell it or just develop it so it would earn

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**AllenR** · January 11th, 2018 01:06 PM

Originally Posted by shadow

but we different set up from others, my wife's money is hers, I dont care kung saan niya gastusin, i dont asked..siya nagbayad ng sweldo ng ma katulong and groceries cuz I dont want to get involved with that... she earned it, she spend it...

That's a great setup! I agree with this kind of arrangement.