
Chinkee Tan Some people may choose to enjoy their hard-earned money after every payday, because of the excitement of having their own money and not depending on their parents anymore for their expenses. Nowadays, the young professionals are one of the greatest spenders in our economy. So, if you are a young professional, you gotta read this. Have you saved anything yet since your first paycheck? Or have you chosen to enjoy it for now, since you believe that you are still young? Do you want to change this habit and begin now instead? Developing the habit of spending ALL your income is not healthy. It can leave you with nothing, should the time come when you’ll need it. Saving should be your top priority, especially as a young professional. Imagine, if you start at 20 years old and you start saving P20 a week or P80 a month or P1,000 a year, for 40 years. You invest it in a mutual fund that allows you to yield 12.5% interest per annum. By the time you reach 40 years old, it will make you P1,000,000 richer! This is an example of the beauty of saving early. So you the question how you can start now? HAVE A VISION List down your long-term goals, wherein you plan ahead as to where to put your finances for, let’s say five, ten, or fifteen years from now. Will you invest it? Save for emergencies? Buy your own house? You will never be able Read More …



