{"id":623,"date":"2019-09-08T14:14:04","date_gmt":"2019-09-08T14:14:04","guid":{"rendered":"https:\/\/kuyaripot.com\/?p=623"},"modified":"2024-09-24T13:31:30","modified_gmt":"2024-09-24T13:31:30","slug":"how-to-save-your-first-100000-pesos-in-one-year","status":"publish","type":"post","link":"https:\/\/armandmanibo.com\/?p=623","title":{"rendered":"How to save your first 100,000 pesos in one year"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"623\" class=\"elementor elementor-623\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f63cd21 e-flex e-con-boxed e-con e-parent\" data-id=\"f63cd21\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-332f7562 elementor-widget elementor-widget-text-editor\" data-id=\"332f7562\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><!-- wp:html --><br \/><span style=\"color: #999999;\"><script id=\"mcjs\">!function(c,h,i,m,p){m=c.createElement(h),p=c.getElementsByTagName(h)[0],m.async=1,m.src=i,p.parentNode.insertBefore(m,p)}(document,\"script\",\"https:\/\/chimpstatic.com\/mcjs-connected\/js\/users\/fde0f7c1109235f4e9f3b7905\/cc87f8efaedde0b2bc92130ef.js\");<\/script><\/span><br \/><span style=\"color: #999999;\"><!-- \/wp:html --><\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- wp:paragraph {\"textColor\":\"very-dark-gray\",\"fontSize\":\"normal\"} --><\/span><\/p>\n<p class=\"has-text-color has-normal-font-size has-very-dark-gray-color\"><span style=\"color: #999999;\">Some of you might think it is impossible to save 100,000 pesos for a minimum wage earner or for someone earning 15,000-20,000 pesos a month. Don\u2019t worry, I also have that same thinking when I was in a corporate job.<\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- \/wp:paragraph --><\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- wp:paragraph {\"textColor\":\"very-dark-gray\",\"fontSize\":\"normal\"} --><\/span><\/p>\n<p class=\"has-text-color has-normal-font-size has-very-dark-gray-color\"><span style=\"color: #999999;\">The truth is, it\u2019s very possible. I remember hitting that 100,000 pesos goal at the age of 22, it was six days after my birthday. It might not sound so impressive for some but for me it was a big achievement knowing that I am only earning 20,000 pesos a month, renting an apartment in Manila, commuting to work and providing financial support to my family.\u00a0<\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- \/wp:paragraph --><\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- wp:paragraph {\"textColor\":\"very-dark-gray\",\"fontSize\":\"normal\"} --><\/span><\/p>\n<p class=\"has-text-color has-normal-font-size has-very-dark-gray-color\"><span style=\"color: #999999;\">I am only earning 16,000 a month from my first job. However, it feels like a really big amount for me since I have not earned that kind of money in my entire life. I know I will be able to save a lot of money and things will work out well for me but it didn\u2019t. It\u2019s been six months working in a corporate world and I can say, I\u2019m totally broke. I even had days trying to withdraw fifty pesos from my debit card, desperately broke.<\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- \/wp:paragraph --><\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- wp:html --><\/span><br \/><span style=\"color: #999999;\"><script async=\"\" src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><\/span><br \/><ins class=\"adsbygoogle\" style=\"display: block; text-align: center; height: 129px;\" data-ad-layout=\"in-article\" data-ad-format=\"fluid\" data-ad-client=\"ca-pub-7180038597860980\" data-ad-slot=\"3904307649\" data-adsbygoogle-status=\"done\" data-ad-status=\"unfilled\"><\/ins><\/p>\n<div id=\"aswift_0_host\" style=\"border: none; height: 129px; width: 514px; margin: 0px; padding: 0px; position: relative; visibility: visible; background-color: transparent; display: inline-block;\"><iframe id=\"aswift_0\" style=\"left: 0; position: absolute; top: 0; border: 0; width: 514px; height: 129px;\" tabindex=\"0\" title=\"Advertisement\" src=\"https:\/\/googleads.g.doubleclick.net\/pagead\/ads?client=ca-pub-7180038597860980&amp;output=html&amp;h=129&amp;slotname=3904307649&amp;adk=2432498997&amp;adf=1675668306&amp;pi=t.ma~as.3904307649&amp;w=514&amp;abgtt=1&amp;fwrn=3&amp;lmt=1727091206&amp;rafmt=11&amp;format=514x129&amp;url=https%3A%2F%2Farmandmanibo.com%2F%3Fp%3D623%26elementor-preview%3D623%26ver%3D1727091197&amp;wgl=1&amp;uach=WyJXaW5kb3dzIiwiMTUuMC4wIiwieDg2IiwiIiwiMTI5LjAuNjY2OC41OCIsbnVsbCwwLG51bGwsIjY0IixbWyJHb29nbGUgQ2hyb21lIiwiMTI5LjAuNjY2OC41OCJdLFsiTm90PUE_QnJhbmQiLCI4LjAuMC4wIl0sWyJDaHJvbWl1bSIsIjEyOS4wLjY2NjguNTgiXV0sMF0.&amp;dt=1727091206196&amp;bpp=7&amp;bdt=5032&amp;idt=7&amp;shv=r20240918&amp;mjsv=m202409160101&amp;ptt=9&amp;saldr=aa&amp;cookie_enabled=1&amp;eoidce=1&amp;prev_fmts=514x129%2C0x0&amp;nras=1&amp;correlator=7857724531405&amp;frm=21&amp;ife=1&amp;pv=1&amp;nhd=1&amp;rplot=4&amp;u_tz=480&amp;u_his=14&amp;u_h=864&amp;u_w=1536&amp;u_ah=816&amp;u_aw=1536&amp;u_cd=24&amp;u_sd=1.25&amp;dmc=8&amp;adx=948&amp;ady=760&amp;biw=1536&amp;bih=730&amp;isw=1236&amp;ish=730&amp;ifk=3618321331&amp;scr_x=0&amp;scr_y=0&amp;eid=44759876%2C44759927%2C44759842%2C31087218%2C44795922%2C95331687%2C95342766%2C31087173%2C95342338&amp;oid=2&amp;pvsid=2852875714611960&amp;tmod=1735396849&amp;uas=3&amp;nvt=1&amp;ref=https%3A%2F%2Farmandmanibo.com%2Fwp-admin%2Fpost.php%3Fpost%3D623%26action%3Dedit&amp;top=https%3A%2F%2Farmandmanibo.com%2Fwp-admin%2Fpost.php%3Fpost%3D623%26action%3Delementor&amp;fc=640&amp;brdim=0%2C0%2C0%2C0%2C1536%2C0%2C1536%2C816%2C1253%2C730&amp;vis=1&amp;rsz=o%7C%7CpEebr%7C&amp;abl=CS&amp;pfx=0&amp;fu=132&amp;bc=31&amp;bz=1&amp;td=1&amp;tdf=0&amp;psd=W251bGwsbnVsbCxudWxsLDFd&amp;nt=1&amp;ifi=3&amp;uci=3.fzsysodf31q4&amp;btvi=2&amp;fsb=1&amp;dtd=29\" name=\"aswift_0\" width=\"514\" height=\"129\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" sandbox=\"allow-forms allow-popups allow-popups-to-escape-sandbox allow-same-origin allow-scripts allow-top-navigation-by-user-activation\" data-google-container-id=\"3.fzsysodf31q4\" aria-label=\"Advertisement\" data-load-complete=\"true\"><\/iframe><\/div>\n<p><br \/><span style=\"color: #999999;\"><script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- \/wp:html --><\/span><\/p>\n<p>\u00a0<\/p>\n<p><span style=\"color: #999999;\"><!-- wp:paragraph {\"textColor\":\"very-dark-gray\",\"fontSize\":\"normal\"} --><\/span><\/p>\n<p class=\"has-text-color has-normal-font-size has-very-dark-gray-color\">\u00a0<\/p>\n<p><span style=\"color: #999999;\"><!-- \/wp:paragraph --><\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- wp:paragraph {\"textColor\":\"very-dark-gray\",\"fontSize\":\"normal\"} --><\/span><\/p>\n<p class=\"has-text-color has-normal-font-size has-very-dark-gray-color\"><span style=\"color: #999999;\">One day, I realized I should not live a life like this. I feel like I\u2019m worse than my 15-year-old self. I look for ways on how I can grow my money. I found an online brokerage company and start my first investment in the stock market. Starting at that time, I learn a lot of things in saving and investing money. I know you can do it too.<\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- \/wp:paragraph --><\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- wp:paragraph {\"textColor\":\"vivid-cyan-blue\",\"customFontSize\":15} --><\/span><\/p>\n<p class=\"has-text-color has-vivid-cyan-blue-color\" style=\"font-size: 15px;\"><span style=\"color: #999999;\"><strong>Related Topic: <\/strong><em><a style=\"color: #999999;\" href=\"https:\/\/kuyaripot.com\/list-of-business-ideas-best-business-to-start-with-little-money\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"How Did I Start a Business at the Age of 15 and How Can You Do It Too (opens in a new tab)\">How Did I Start a Business at the Age of 15 and How Can You Do It Too<\/a><\/em><\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- \/wp:paragraph --><\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- wp:paragraph {\"textColor\":\"very-dark-gray\",\"fontSize\":\"normal\"} --><\/span><\/p>\n<p class=\"has-text-color has-normal-font-size has-very-dark-gray-color\"><span style=\"color: #999999;\"><strong>Set a goal.<\/strong>\u00a0We should always begin with the end in mind. The starting capital in the stock market used to be 5,000 pesos and for me to start, I had to save that amount. I did it in three months. Looking at my money grow by itself gives me discipline in saving money.\u00a0<\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- \/wp:paragraph --><\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- wp:paragraph {\"textColor\":\"very-dark-gray\",\"fontSize\":\"normal\"} --><\/span><\/p>\n<p class=\"has-text-color has-normal-font-size has-very-dark-gray-color\"><span style=\"color: #999999;\"><strong>Make some arrangements.<\/strong>\u00a0If you are someone giving financial support to your family, it might somehow prevent you from achieving your own goal. I know it\u2019s part of our culture to give back to our family, especially our parents. However, we also have to think about ourselves sometimes. What I did was, I told them that I can only give them this specific amount of money. Let\u2019s say 5,000 a month.\u00a0<\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- \/wp:paragraph --><\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- wp:paragraph {\"textColor\":\"very-dark-gray\",\"fontSize\":\"normal\"} --><\/span><\/p>\n<p class=\"has-text-color has-normal-font-size has-very-dark-gray-color\"><span style=\"color: #999999;\"><strong>Know the right definition of needs and wants.<\/strong>\u00a0\u00a0It might sound easy but it\u2019s not. Needs is something you can\u2019t survive without it. Wants is something can live without. Though the definition is subjective to a person. Traveling is a want for me but it is a need for travel vloggers since it is their job.<\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- \/wp:paragraph --><\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- wp:paragraph {\"textColor\":\"very-dark-gray\",\"fontSize\":\"normal\"} --><\/span><\/p>\n<p class=\"has-text-color has-normal-font-size has-very-dark-gray-color\"><span style=\"color: #999999;\"><strong>Make your money work for you.\u00a0<\/strong>As I mentioned above, I start investing in the stock market which is one of the ways to earn a passive income. Through this, it reduces the time that you have to work for money. There\u2019s a lot of different investment nowadays, UITS, mutual funds, stock market, VUL, and forex.<\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- \/wp:paragraph --><\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- wp:paragraph {\"textColor\":\"very-dark-gray\",\"fontSize\":\"normal\"} --><\/span><\/p>\n<p class=\"has-text-color has-normal-font-size has-very-dark-gray-color\"><span style=\"color: #999999;\"><strong>Increase your psychological wallet.<\/strong> If you think 100,000 pesos is a big amount, you will never have this money. You\u2019ll earn it probably but you will easily lose it. Imagine those lotto winners, most of them end up being poor because their mind can\u2019t handle having that huge amount of money.<\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- \/wp:paragraph --><\/span><\/p>\n<p><span style=\"color: #999999;\"><!-- wp:paragraph {\"textColor\":\"very-dark-gray\",\"fontSize\":\"normal\"} --><\/span><\/p>\n<p class=\"has-text-color has-normal-font-size has-very-dark-gray-color\"><span style=\"color: #999999;\">Earning 100,000 is not really difficult as long as you follow all these strategies I stated. There\u2019s also a lot of strategies that you can learn online. What\u2019s really difficult is keeping this money with all the temptations of spending.<\/span><\/p>\n<p><!-- \/wp:paragraph --><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p><a href=\"https:\/\/www.freepik.com\/free-photos-vectors\/background\">Background photo created by ijeab &#8211; www.freepik.com<\/a><\/p>\n","protected":false},"author":1,"featured_media":624,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12,4],"tags":[22,21,20],"class_list":["post-623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cashflow","category-investment","tag-goal","tag-investment","tag-savings"],"rttpg_featured_image_url":{"full":["https:\/\/armandmanibo.com\/wp-content\/uploads\/2019\/09\/how-to-save-100k-in-3-years.jpg",560,315,false],"landscape":["https:\/\/armandmanibo.com\/wp-content\/uploads\/2019\/09\/how-to-save-100k-in-3-years.jpg",560,315,false],"portraits":["https:\/\/armandmanibo.com\/wp-content\/uploads\/2019\/09\/how-to-save-100k-in-3-years.jpg",560,315,false],"thumbnail":["https:\/\/armandmanibo.com\/wp-content\/uploads\/2019\/09\/how-to-save-100k-in-3-years-150x150.jpg",150,150,true],"medium":["https:\/\/armandmanibo.com\/wp-content\/uploads\/2019\/09\/how-to-save-100k-in-3-years-300x169.jpg",300,169,true],"large":["https:\/\/armandmanibo.com\/wp-content\/uploads\/2019\/09\/how-to-save-100k-in-3-years.jpg",560,315,false],"1536x1536":["https:\/\/armandmanibo.com\/wp-content\/uploads\/2019\/09\/how-to-save-100k-in-3-years.jpg",560,315,false],"2048x2048":["https:\/\/armandmanibo.com\/wp-content\/uploads\/2019\/09\/how-to-save-100k-in-3-years.jpg",560,315,false]},"rttpg_author":{"display_name":"kuyaripot","author_link":"https:\/\/armandmanibo.com\/?author=1"},"rttpg_comment":21,"rttpg_category":"<a href=\"https:\/\/armandmanibo.com\/?cat=12\" rel=\"category\">Cashflow<\/a> <a href=\"https:\/\/armandmanibo.com\/?cat=4\" rel=\"category\">Investment<\/a>","rttpg_excerpt":"Background photo created by ijeab - www.freepik.com","_links":{"self":[{"href":"https:\/\/armandmanibo.com\/index.php?rest_route=\/wp\/v2\/posts\/623"}],"collection":[{"href":"https:\/\/armandmanibo.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armandmanibo.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armandmanibo.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armandmanibo.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=623"}],"version-history":[{"count":7,"href":"https:\/\/armandmanibo.com\/index.php?rest_route=\/wp\/v2\/posts\/623\/revisions"}],"predecessor-version":[{"id":1726,"href":"https:\/\/armandmanibo.com\/index.php?rest_route=\/wp\/v2\/posts\/623\/revisions\/1726"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armandmanibo.com\/index.php?rest_route=\/wp\/v2\/media\/624"}],"wp:attachment":[{"href":"https:\/\/armandmanibo.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armandmanibo.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armandmanibo.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}