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  1. Join Date
    Dec 2006
    Posts
    17,314
    #19411
    Quote Originally Posted by shadow View Post
    Jut, quantify mo what's a modest middle class life for you?

    Hinde ko na talaga alam ano ba ang Middle Class ngayon.


    Sent from my iPhone using Tapatalk
    Having your own place, cars, money for leisure and travel, money for expenses related to having kids, and a fair bit of savings and investments.

    If you wanna be technical about it it will fall into the A/B socio economic stratification.

    Although if you're not too particular with the place you live in, the car you drive, the school you send your kids to, the places you eat at or travel to - the aforementioned goals can be achieved by someone from the C/upper C income bracket.

    Sent from my SM-G935F using Tapatalk

  2. Join Date
    Nov 2005
    Posts
    45,927
    #19412
    Quote Originally Posted by shadow View Post
    Jut, quantify mo what's a modest middle class life for you?

    Hinde ko na talaga alam ano ba ang Middle Class ngayon.


    Sent from my iPhone using Tapatalk
    parang buhay ng average american

  3. Join Date
    Oct 2002
    Posts
    40,557
    #19413
    Quote Originally Posted by uls View Post
    parang buhay ng average american
    I still go back to pag meron major expense dahil meron medical emergency sa family and hinde kayang bayaran bills ng mounting bills pero ganyan sa describe ni Jut ang buhay meron sariling bahay, 2-3 kotse, nakakapag Travel naman meron naman savings. Middle class pa rin tawag diyan?

  4. Join Date
    Nov 2005
    Posts
    45,927
    #19414
    kaya kailangan may medical insurance middle class

    --

    rich is when kahit na-disable ka or may illness hindi magbabago ang lifestyle ng asawa't anak mo

    coz you have business and/or assets that generate income

  5. Join Date
    Sep 2014
    Posts
    8,492
    #19415
    Quote Originally Posted by jut703 View Post
    The "success" I set for myself isn't very lofty actually. I'd say it's a modest middle class life. I don't wanna set myself up for disappointment by having grandiose but unachievable goals, though of course if the opportunity presents itself I'd gladly work for it.Oh I got your point bro. That's actually one of the things I need to work on - I have to develop an eye for things that I could make money out of. It just doesn't come naturally for me as it does for you, but hopefully in time I get there...

    Sent from my SM-G935F using Tapatalk
    juts share ko na lang sayo sinabi ni kapatid Brian Tracy:

    Success is based on the law of averages. The more things you try, the more like it is that you will achieve greatly. The major obstacles to success always lie within the mind. They are not contained in external circumstances, situations or people. As soon as you win the inner battle, the outer battle seems to take care of itself.

    Here is a key discovery: Your weakest important skill determines the height of your success. You could be excellent in six out of seven of you key areas, but your weakness in the 7th can hold you back for years. Make the effort to identify your most important skill and dedicate yourself in mastering that skill, one skill at a time. Once mastered, identify that one skill that could help you advance further, until the “compounding effect” takes over and you move rapidly upwards.

    No success is possible without failure. All success is preceded by failure, usually great failure, repeated over a long period of time Double your rate of failure if need be. If you’re not failing, you’re not growing. Problems, setbacks, disappointments and troubles are inevitable realities in life.

    and lastly I share to you the LAW

    Law of Indirect Effort. You achieve more when you act indirectly rather than directly. The harder you try to achieve what you want, the less successful you will be.



    so please juts, i care for you that why i shared to you this, dont mention success or you will never really get it. mention utang even if in our society utang is negative, the opposite of success. all people pursue success, but not all people pursue utang.

  6. Join Date
    Jul 2007
    Posts
    57,578
    #19416
    Quote Originally Posted by shadow View Post
    I still go back to pag meron major expense dahil meron medical emergency sa family and hinde kayang bayaran bills ng mounting bills pero ganyan sa describe ni Jut ang buhay meron sariling bahay, 2-3 kotse, nakakapag Travel naman meron naman savings. Middle class pa rin tawag diyan?
    Not necessarily. May middle class na may medical insurance kaya hindi issue ang illness

    Quote Originally Posted by uls View Post
    kaya kailangan may medical insurance middle class
    My maternal Lola has medical insurance but it's in the US. She hated having to travel to the US annually for her healthcare. When my Lola got extremely sick, at least the gastos was one less thing to think about (thank God for medical insurance!)

    Ang problema sa Pilipinas wala naman ata medical insurance for those over 65. And if you do have one NAPAKARAMING PRE EXISTING CONDITIONS that practically disqualifies you from claiming anything. My Mom has to buy her maintenance medicine in the US dahil ginto ang presyo ng gamut sa Pilipinas Unicorn friend ko buys her allergy meds in Thailand. Umiinit ulo ko when I thinking about it kasi bakit yung mahirap na bansa pa mahal ang gamut.

  7. Join Date
    Feb 2008
    Posts
    12,683
    #19417
    Middle income is when you split your gross pay in the middle and save the other half, eventually you'll get there.

    Sent from my SM-N950F using Tapatalk

  8. Join Date
    Dec 2006
    Posts
    17,314
    #19418
    Quote Originally Posted by minicarph View Post
    juts share ko na lang sayo sinabi ni kapatid Brian Tracy:

    Success is based on the law of averages. The more things you try, the more like it is that you will achieve greatly. The major obstacles to success always lie within the mind. They are not contained in external circumstances, situations or people. As soon as you win the inner battle, the outer battle seems to take care of itself.

    Here is a key discovery: Your weakest important skill determines the height of your success. You could be excellent in six out of seven of you key areas, but your weakness in the 7th can hold you back for years. Make the effort to identify your most important skill and dedicate yourself in mastering that skill, one skill at a time. Once mastered, identify that one skill that could help you advance further, until the “compounding effect” takes over and you move rapidly upwards.

    No success is possible without failure. All success is preceded by failure, usually great failure, repeated over a long period of time Double your rate of failure if need be. If you’re not failing, you’re not growing. Problems, setbacks, disappointments and troubles are inevitable realities in life.

    and lastly I share to you the LAW

    Law of Indirect Effort. You achieve more when you act indirectly rather than directly. The harder you try to achieve what you want, the less successful you will be.



    so please juts, i care for you that why i shared to you this, dont mention success or you will never really get it. mention utang even if in our society utang is negative, the opposite of success. all people pursue success, but not all people pursue utang.
    Wew a useful post from you. Thanks for the tips!

    You're right about indirect effort. The mindset shouldn't be focused on the destination alone, but rather on the daily grind and the journey towards it.

    Having an overarching goal gives a general direction of where you're headed, but it's the day-to-day hustle and continuous cycle of improvement that you should focus on.

    Interesting points as well about the weakest skill and the importance of trying many things. These things are actually easily evident in sports, but also broadly applicable in life. Will work on my weaknesses. [emoji106]

    Sent from my SM-G935F using Tapatalk

  9. Join Date
    Oct 2002
    Posts
    40,557
    #19419
    Quote Originally Posted by _Cathy_ View Post
    Not necessarily. May middle class na may medical insurance kaya hindi issue ang illness



    My maternal Lola has medical insurance but it's in the US. She hated having to travel to the US annually for her healthcare. When my Lola got extremely sick, at least the gastos was one less thing to think about (thank God for medical insurance!)

    Ang problema sa Pilipinas wala naman ata medical insurance for those over 65. And if you do have one NAPAKARAMING PRE EXISTING CONDITIONS that practically disqualifies you from claiming anything. My Mom has to buy her maintenance medicine in the US dahil ginto ang presyo ng gamut sa Pilipinas Unicorn friend ko buys her allergy meds in Thailand. Umiinit ulo ko when I thinking about it kasi bakit yung mahirap na bansa pa mahal ang gamut.
    Meron limit medical insurance natin dito.


    Sent from my iPhone using Tapatalk

  10. Join Date
    Jul 2015
    Posts
    9,583
    #19420
    Quote Originally Posted by _Cathy_ View Post
    Not necessarily. May middle class na may medical insurance kaya hindi issue ang illness



    My maternal Lola has medical insurance but it's in the US. She hated having to travel to the US annually for her healthcare. When my Lola got extremely sick, at least the gastos was one less thing to think about (thank God for medical insurance!)

    Ang problema sa Pilipinas wala naman ata medical insurance for those over 65. And if you do have one NAPAKARAMING PRE EXISTING CONDITIONS that practically disqualifies you from claiming anything. My Mom has to buy her maintenance medicine in the US dahil ginto ang presyo ng gamut sa Pilipinas Unicorn friend ko buys her allergy meds in Thailand. Umiinit ulo ko when I thinking about it kasi bakit yung mahirap na bansa pa mahal ang gamut.
    Invest in a nearby hospital, ask kayo sa acctn dept if someone is selling shares...free rooms/50% discount on doctors fee and tests, operating room, etc

    Sent from my SM-G955F using Tapatalk

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