Over the weekend a question pop up on my inbox in regards to whether a 21 year old needs to save up or to spend on things that him happy. I’d love the question so much and I believe it will be nice to share my opinion in regards to this matter.
I am actually turning 21 this November and as you may have noticed here in my blog I certainly talk about saving, doing budget and investing a lot. So I will answer as honest as possible that for me, a 21 year old should save up.
Now, saving up doesn’t mean I am not spending on things that make me happy. If you will remember my post on Secrets to a Happy Life I shared my views on happiness and I live by my post.
I still spenda portion of my income on makeups, beauty products and clothes or shoes. I still treat others my family and/or my workmates whenever I can. I still invest on beauty product to review and to feature on my beauty blog. I still buy books that interest me.
Now the above things make a lot of difference. You see, what makes me happy are simple things. I did not let myself value branded bags, shoes or jewelries nor am I spending too much on getting the latest gadget in the market.
What I see here is this, you need to know and to realize what truly makes you happy. If its seeing yourself retiring a millionaire then save as early as now. If its getting happily married and enjoying your dream house then save as early as now. If its becoming worry-free in the moment of emergency then save as early as now.
Sabi ko nga lagi sa parents ko, “Magtatrabaho na ko habang malakas pa ko, habang may oras pa ko, habang may opportunities na dumarating sa akin ayoko himinde. Kasi ang ultimate goal ko… at 35 ok na ko. settled and fulfilled financially Ini-enjoy ko na lang yung mag travel at yung time ko sa future family ko.”
Another kasabihan, habang maikli ang kumot matutong mamaluktot. When will you learn to save, kapag baluktot na pati likod mo sa katandaan?
Money is dependent with time. The earlier you learn your lessons, the better your life will become.
Thank you for asking. If you have questions don’t forget to email me at izzaglinofull@gmail.com
Last Updated on December 13, 2021 by Izza of SavingsPinayPH Hi again and welcome to another Weekly Notes in SavingsPinay where I gather the best personal finance tips and must reads you can soak in for the weekend. Let’s widen our financial knowledge one link at a time, shall we? I hope you’ll enjoy this…
Last Updated on October 9, 2014 by Izza of SavingsPinayPH Do you wonder how you can earn extra income aside from your daily allowance? How about the income you make in your work? Then fret no more because I am here to give you the best possible ideas that you can earn extra income in…
Last Updated on December 7, 2021 by In today's post, it would be nice to give you a basic guide on how the Dave Ramsey's Total Money Makeover work and how we can apply it living in the Philippines. Dave Ramsey is a big name in the world of personal finance. He is a National…
Last Updated on May 24, 2019 by Izza of SavingsPinayPH In my years of doing events I realized that wedding, more than just a celebration, is a lifetime event that will test your decision making. You deal not just with your fiancé but with different people that matters most in your life. …
Last Updated on December 3, 2014 by Izza of SavingsPinayPH Over the month of October I found out a new website where I could just shoot my answers to random questions. QUORA. I became addicted on my first week answering questions. The topics that I chose is Personal Finance, Blogging and Productivity. Anyhow, one question…
Last Updated on December 7, 2021 by Today we have an inspiring story about a 23 year olds who started her online negosyo during COVID-19 lockdown. You may remember how I publish past success interviews before from this series I introduced last August 2017 where I interview ordinary people who has helpful and inspirational stories…