It is the most common problem most Pinoys have.
A lot of Pinoys are actually talented not only in their major in college but in other areas of life which they could serve to paying customers and yet this area has not been exploited.
If you remember about 80% of your life will be spent at work or doing something for a living so if you are unhappy or unsatisfied with your work then you are unhappy 80% of your life.
We can do two things to change this situation:
- One is to love what we hate(read my post about this topic here)
- Two is to get out of your comfort zone, that is get out of the job.
But why am I writing about this anyways when this is a blog about stock investment?
Lots of Pinoys complain about their meager jobs or their mean bosses and felt that the compensation is not worth it and yet they can't get out because their job has become their only source of income. With that all their take home pay goes to their necessities or some partying or get away to take out the stress or to make them feel happy.
And then it happens, they are broke again and thus have to get back to work and to the mean boss and it seems their life is in this cycle.
Why not break the cycle?
Now here where this blog's topic is all about.
Why not save some to be invested in a small business or stock investment?
Yes just save some. People always cringe when I say save some because they would always tell me that what they have from their paycheck is just enough for them and their family to live by.
Well start cutting unnecessary spending.
You would be surprise how much money you are throwing away because of unnecessary spending. If it so happens that you are the only bread winner of the family then you have to sit down with your family and discuss the matter. Do you have cable TV? You don't need it actually and TV actually makes people lazy.
If you are able to take out some spending don't think of another expense where you can spend your savings. That is the very reason why even making a big savings you still end up broke because the moment you have that savings in your hand you are already thinking of spending it.
Now why not make that savings earn extra money to support you and your family?
Why not have a barbecue stand if your house is just near the waiting shed(a structure for passengers waiting for the public vehicle)? You have some household members not doing anything anyways so why not get them employed. I guess after running this small business you will surely have enough savings(if the people you employed to run it are trustworthy enough) to put on a investment vehicle like a mutual fund, time deposit, or stocks for your future.
You shouldn't be relax and depend on your employment. There will be a time that you might not be able to work anymore or be retrenched. Always have another source of income or if not an investment that keeps on earning on itself.
At the end of the day it is not about how much you have earned but rather how did you make it.