00:30.4
how can you be frugal and still
00:33.2
to not compromise your quality of life, di ba?
00:37.1
Alam niyo mga ka-friendship, no?
00:39.0
Ka-Iponario, yun ang isang major discussion.
00:42.0
Ako ayaw ko makinig talaga kay Chinky Tan
00:43.7
kasi pagka nakinig ako kay Chinky Tan,
00:45.7
di na ako mag-Starbucks,
00:47.2
hindi na ako magbe-byahe,
00:48.5
di na ako kakain sa labas,
00:50.0
di na ako makakabili ng mga gusto ko.
00:52.2
That is completely the opposite of what I'm doing.
00:54.7
I still go to Starbucks
00:56.9
I still also go to Coffee Bean, di ba?
00:59.6
Ako naman, bumibili rin ako ng mga damit,
01:02.4
sapatos, bumabiyahe rin ako.
01:05.0
So in other words,
01:06.9
mali po yung perception
01:08.1
pag ikaw ay kuripot,
01:10.8
hindi ka na kailangan mag-enjoy.
01:12.8
But before we talk about that,
01:14.1
let's talk about first,
01:15.9
ano ba yung maluho?
01:17.9
Or if not naman, extravagance.
01:20.8
Ano ba yung ibig sabihin?
01:21.6
It's a spending mindset that focuses on
01:25.7
Indulging on the things that you cannot really afford.
01:29.3
You do not really need,
01:31.3
but you just only want.
01:32.7
With the money that you do not have.
01:37.2
Kadalasan po nyan,
01:38.8
well, I have nothing against people buying good stuff.
01:42.0
Who doesn't like good stuff?
01:43.8
Ang issue lang naman eh,
01:45.0
kung may pera ka o wala.
01:48.1
extravagant ka pa,
01:51.1
yung what immediate gratification.
01:53.6
So, doon ka nagkakaproblema.
01:57.2
paano malaman na medyo extravagant ka na?
01:59.5
Number one is, yun nga,
02:00.8
masyado kang impulse buying,
02:02.8
kahit na ang income mo ay
02:07.1
ang gastusin at galawin mo
02:12.0
You have the tendency to live the lifestyle of the rich and the famous.
02:16.2
So, yun yung isang nagiging issue.
02:19.0
Bakit ba talaga may mga taong ganun?
02:21.8
Probably, it's a mindset or a belief that material,
02:25.6
possession or experiences
02:27.5
are very important
02:30.1
or the primary source of happiness and fulfillment in life.
02:35.8
minsan kasi nakukuha nila yung fulfillment
02:37.5
sa ganung klaseng mga bagay eh.
02:40.2
Pero ano po yung nagiging negative outcome?
02:44.4
excessive extravagance,
02:47.1
it can also bring you to excessive debt
02:49.6
and allow you to live a financial stressful life
02:55.6
Wala ka talagang naiipon.
02:57.1
So, yun po yung nangyayari po pang sumubra.
03:00.4
On the other hand naman,
03:03.4
yung makatuwirang kuripot
03:05.8
or let's say frugality,
03:07.8
ito naman, it emphasizes on
03:09.9
careful budgeting,
03:11.2
careful planning,
03:12.7
prioritized savings
03:15.0
you are becoming a responsible money manager.
03:21.8
ang kuripot hindi ibig sabihin yan eh,
03:24.3
tinitipid mo masyadong sarili mo,
03:28.4
Ika nga responsable ka.
03:31.7
ito ay sinasalamin din yung mga spending decision mo,
03:34.9
you avoid unnecessary expenses
03:36.8
and you seek something that is valuable in your life.
03:41.4
Yung parang ano ba mahalaga sa'yo?
03:43.3
Again, like for example,
03:45.6
kuripot ako pagdating sa mga sapatos,
03:48.7
Pero pagdating naman,
03:51.6
sa pagtulong sa kapwa,
03:57.1
Parang minsan nga sa dalang buhay ko,
03:58.8
hindi ko pa nga nabili yung isang ganitong kalaking gamit
04:01.2
for my personal use,
04:02.6
pero pag may mga taong lumapit sa akin
04:04.6
at humingi ng tulong
04:05.7
at may kakaya na naman ako,
04:07.9
eh, tumutulong ako.
04:11.2
bakit ka nagkakaroon ng klaseng ganitong mindset?
04:16.4
ang paniniwala ko,
04:18.2
yung simpleng pamumuhay,
04:19.7
yung living below your means
04:22.1
an important thing.
04:24.8
it's not how much money you make,
04:26.3
it's how much money you spend.
04:28.3
Importante po yan.
04:31.8
kung bakit ako nagiging
04:34.6
because I want to have
04:36.7
peace of mind in the future.
04:39.3
So, ano po nagiging,
04:41.4
Ang nagiging benefit niyan,
04:42.5
kung ganito ka mag-isip,
04:44.3
yung makatuwiram,
04:47.9
financial responsibility,
04:50.3
will lead you to financial stability,
04:53.4
it would lead you to financial stability,
04:55.8
you will have less debt
04:58.2
and you'll be able to achieve
04:59.9
your long-term goal.
05:03.0
it's very important
05:05.1
maging makatuwirang
05:07.1
makupit-kuripot tayo.
05:08.5
I want you to ask yourself right now,
05:11.0
na nakikinig at nanonood sa akin ngayon,
05:14.7
ikaw ba ay malubo
05:21.4
Ang tanong naman,
05:22.6
para sa mga tao naman,
05:23.8
well, eh, Chinky,
05:24.6
I think I fall under the line
05:28.1
So, how do I develop frugality
05:30.8
without compromising my quality of life?
05:34.5
para mas mag-gets nyo,
05:36.0
ang unang kailangan natin nang gawin is
05:38.0
know what you want in life.
05:40.4
Set your financial goals.
05:43.0
anong mas mahalaga?
05:45.1
mahalaga mag-travel.
05:46.8
mahalaga yung pagkain.
05:49.4
mahalaga yung future.
05:50.9
Ako, kung tatanungin mo,
05:52.0
ang pinakamahalaga sa akin
05:55.0
yung parang gusto ko
05:55.9
pagdating ng panahon
05:56.8
na wala na akong problemahin sa pera.
05:58.6
Kahit na magretiro ako,
05:59.7
may pumapasok ko rin pera.
06:03.2
that is the quality of life
06:07.2
So, if I have that quality of life,
06:09.2
dapat gumagawa na ako
06:13.0
on how will I be able
06:14.9
to save the money.
06:18.9
How much should I
06:22.4
on a monthly basis?
06:24.9
to live that lifestyle.
06:28.8
a hundred thousand pesos
06:36.0
you want to retire,
06:36.8
dapat gumagawa ka na ng plan
06:39.6
na magkakaroon ka sana
06:41.5
ng one hundred thousand
06:43.8
habang ikaw ay bata pa.
06:46.9
Because the moment
06:48.6
hundred thousand pesos
06:53.0
for your retirement.
06:56.4
kumikita ka na ng
06:57.0
one hundred thousand pesos
06:59.2
yung whether you work
07:01.3
at the age of 30,
07:02.5
pwede ka na mag-retire.
07:03.8
Or at the age of 40.
07:05.4
Why kill yourself,
07:07.5
if you can already
07:10.9
Ang problema lang kasi
07:13.3
hindi masyadong clear
07:14.1
ang financial goals natin.
07:15.6
Kahit na tinamaan na natin
07:16.7
yung one hundred thousand,
07:17.7
we still keep on working.
07:19.7
And the sad part is this,
07:26.3
At the end of our lives,
07:27.7
anong ginagawa natin?
07:28.6
We use our wealth,
07:30.4
to gain back our health.
07:31.9
And I don't want that
07:32.8
to happen to you.
07:35.8
kung ano mahalaga sa'yo.
07:38.9
para makaibong ka talaga
07:42.5
Prioritize talaga
07:43.3
needs versus wants.
07:48.6
yung mga kagustuhan.
07:49.5
Sacrifice ka muna,
07:50.8
especially when you are
07:53.7
and then after that,
07:56.6
yung tinatawag nating
08:00.3
Pagka na-achieve mo na,
08:02.3
makompromise yung
08:03.3
quality of life mo.
08:04.8
Let's say may na-achieve ka na,
08:06.1
meron ka ng tinatawag
08:12.5
So, out of your income,
08:16.5
kung anong gusto mo.
08:18.3
habang kumikita ka,
08:19.3
may nasa-set aside ka
08:20.3
para mag-enjoy ka naman.
08:21.7
Wala namang masama yun.
08:24.6
kung gusto nyo talaga
08:25.6
na makaipon pa talaga,
08:28.1
then frugal lang,
08:28.9
simple lang talagang buhay mo,
08:30.9
you try to embrace
08:33.5
Ang ibig sabihin po nyo,
08:34.5
try to declutter your life.
08:37.3
siguro yun na experience
08:40.1
nung nag-lockdown
08:42.4
we did not eat out,
08:43.5
we did not go out,
08:44.4
we did not buy new
08:48.9
buhay pa rin tayo.
08:50.1
So, in other words,
08:53.7
mas marami ka talaga
08:55.8
And pinaka-best part yan talaga
08:57.4
kung gusto nyo talagang
08:58.5
maging makatuwirang
09:01.3
ito yung pinaka-best
09:02.4
na pwede kong iiwan
09:07.2
lifestyle inflation.
09:09.2
As your income grows,
09:10.5
importante po ito.
09:12.0
Resist the temptation
09:14.2
your standard of living
09:18.2
ito yung gawin mo.
09:27.4
mag-e-enjoy ka na,
09:32.2
Anong ibig ko sabihin?
09:40.1
Yun ang formula mo,
09:53.7
you increase your income.
09:57.8
You increase again
09:58.5
your income 10, 10, 80.
10:00.1
You increase again
10:00.8
your income 20, 20, 60.
10:02.8
You increase again
10:03.6
your income 20, 30, 50.
10:06.4
you're able to increase
10:08.5
from 20,000 pesos a month
10:11.0
to 100,000 pesos a month.
10:16.6
So, ang gagawin po natin,
10:18.2
instead na 5, 5, 90,
10:20.0
ano na kung pisa ka,
10:25.6
30% investment or business,
10:28.9
ang i-e-spend mo.
10:38.0
Laki naman na kalta sa akin.
10:40.2
Pero, tignan mo naman to.
10:41.8
What is 90% of 20,000?
10:46.9
What is 50% of 100,000?
10:52.6
Anong mas malaki?
10:53.7
50,000 or 18,000?
10:58.9
Mas malaki ang 50,000.
11:00.7
Even na tinaasan mo ng
11:07.1
ang good news nang
11:07.8
enjoy ka na sa buhay.
11:10.4
what do you call this,
11:11.6
compromise the quality of life.
11:15.0
tinaasan mo yung savings mo
11:16.9
and investment mo.
11:21.6
Grabe naman talaga, no?
11:24.5
tignan nyo naman.
11:25.6
At nagugustuhan nyo ba ito?
11:26.8
Nagustuhan nyo ba itong
11:27.6
sheneriko sa inyo
11:29.7
Increase your standard of earning,
11:31.4
increase your standard of saving
11:35.7
this frugal mindset,
11:43.8
the quality of life
11:44.8
that you want to live.
11:47.1
magkakaroon ka ng
11:47.7
financial responsibility.
11:50.7
you are going to achieve
11:51.8
financial stability.
11:53.4
You're able to achieve financial stability.
11:53.7
You're able to pursue your goals,
11:56.9
with a more balanced
11:58.6
approach to money.
12:02.8
pakitype maganda lang
12:03.8
sa comment section.
12:05.4
That's the reason why
12:06.1
I just want to encourage you
12:07.0
to keep on supporting
12:08.1
this podcast channel.
12:09.6
I-share nyo rin tong podcast episode
12:11.9
so that they may be enlightened.
12:15.0
na maging makatawirang
12:19.9
to every problem,
12:20.9
there's always a solution.
12:22.9
If you're not part of this,
12:23.6
you're not part of the solution.
12:24.6
You're part of the problem.
12:28.3
The views and opinions
12:29.2
expressed by the podcast creators,
12:31.2
hosts, and guests
12:32.2
do not necessarily reflect
12:33.5
the official policy
12:35.6
of Podcast Network Asia,
12:37.4
the hosts of the program,
12:38.5
or other programs
12:40.5
Any content provided
12:41.4
by the people on the podcast
12:42.5
are of their own opinion
12:43.6
and are not intended
12:44.7
to malign any religion,
12:46.9
club, organization,
12:48.2
company, individual,
12:49.3
or anyone or anything.
12:54.9
bago maging libo-libo
12:58.5
bago maging milyonaryo
13:10.4
tayo'y maging iponaryo
