GOOD READ: KUROT-DAKOT-UTANG PRINCIPLE

photo grabbed from google

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.

GOOD READ: 10 LIFE LESSONS TO EXCEL IN YOUR 30'S

by: Mark Manson

A couple weeks ago I turned 30. Leading up to my birthday I wrote a post on what I learned in my 20s.

But I did something else. I sent an email out to my subscribers (subscribe here) and asked readers age 37 and older what advice they would give their 30-year-old selves. The idea was that I would crowdsource the life experience from my older readership and create another article based on their collective wisdom. 

The result was spectacular. I received over 600 responses, many of which were over a page in length. It took me a solid three days to read through them all and I was floored by the quality of insight people sent. 

So first of all, a hearty thank you to all who contributed and helped create this article.

While going through the emails what surprised me the most was just how consistent some of the advice was. The same 5-6 pieces of advice came up over and over and over again in different forms across literally 100s of emails. It seems that there really are a few core pieces of advice that are particularly relevant to this decade of your life. 

GOOD READ: LI KA-SHING TEACHES YOU HOW TO BUY A CAR & HOUSE IN 5 YEARS

Hong Kong billionaire Li Ka-Shing shares some of his money wisdom, outlining an inspirational five-year plan to improve one’s lot in life

This article is translated from the original Chinese by Edmund Ng at CeoConnectz.

photo grabbed from google

Suppose your monthly income is only RMB 2,000, you can live well. I can help you put money into five sets of funds. The first $600, second $400, third $300, fourth $200, fifth $500.

The first set of funds is used for living expenses. It’s a simple way of living and you can only be assigned to less than twenty dollars a day. A daily breakfast of vermicelli, an egg and a cup of milk. For lunch just have a simple set lunch, a snack and a fruit. For dinner go to your kitchen and cook your own meals that consist of two vegetables dishes and a glass of milk before bedtime. 

For one month the food cost is probably $500-$600. When you are young, the body will not have too many problems for a few years with this way of living.