Planning for Our Financial Future

I’m turning 31 years old in October. Still young, I guess, but not so young when it comes to investing. As they say, the earlier you invest, the better. I don’t regret it, though. I may have not invested early when it comes to assets of various kinds, but I have other “investments” in my life that are now bearing fruits.

You see, I used to be the breadwinner in our family. That was after my father lost his job in 1999. Actually, I fully became the breadwinner after landing my first job after college. I sent my three siblings to school and luckily for me, they were able to finish their studies one by one. They are my other “investments” that are now bearing fruits. And so today, we are working together to give our parents the good life that they deserve. But that’s another story for another time.

I’m now at this point where my financial obligations to my family have lessened considerably. This only means I can now focus in planning for my financial future. And since I’m already married, it’s not just “my” but “our.” That’s why aside from building up our emergency fund, we have also started investing in the stock market. We still have a long way to go before we can confidently say that we have achieved financial freedom, but we’re not in a hurry. It will come at the right time.

For now, I continue to learn about personal finance by reading news, articles and books. And after reading Bo Sanchez’s book entitled “8 Secrets of the Truly Rich” the other day, I have vowed to raise my financial I.Q. I still have a lot to learn about money, how to grow it and how to use it to bless myself, my family and other people especially the poor. Saying that the book is an eye-opener is an understatement. It really had a positive impact on me. If you haven’t read that book, I suggest you read it now as it will change the way you see the financial and spiritual aspects of your life. (I can give you a copy in PDF file if you want, just give me your email and let me know through the comment section.)

I’m also happy that the hubby trusts me when it comes to our finances. In fact, he lets me set our financial goals. Between the two of us, he’s the spender and I’m the saver/investor. Haha. Seriously, though, I can see improvements in the way he handles money now and I think that’s a great thing.

Planning for our financial future is one thing. Achieving our financial goals is another. But at least we have taken the first step and have already made a few wise moves (read: investments), right? 🙂

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12 Replies to “Planning for Our Financial Future”

  1. Batang bata pa din Edel, anu ka ba?! Of course, it’s never late to invest. Ako, I was planning to kaya lang sobrang gastos kapag infant pa eh so hopefully pag naging toddler na sya, makatipid na ng slightly. Hehe. =) Goodluck sa investments edel. Let me know para magaya kita. Hehe. =)

    1. Ay sabi nga nila magastos daw pag baby pa kasi lahat ng needs ipoprovide tlaga. Sige I’ll share more about my “baby” investments kapag kumita na. Hehe. Thanks Jen!:)

  2. For someone so young, you have achieved a lot. In more sense than financial. Kudos for helping your siblings to finish school and for helping your family. God sees 🙂

    1. Thank you for your kind words, Lalaine! It gives me happiness and fulfillment to see my family living a comfortable life. Ganyan kasi tayo mga Pinoy diba family oriented maski nasaang sulok pa tayo ng mundo. 🙂 #alammoyan

  3. Oh, I’m turning 31 this November! Advance happy birthday to us! =D My husband and I have also been studying our finances lately. We want to be out of the rat race as soon as we can! I know it will take time but it can be done.. It’s sad most Filipinos don’t think about investing or passive income. No one has ever taught me that! Thanks for the books that abound about financial management!

    By the way, it would be nice if you could send me the pdf! Thanks in advance! =D

    1. Wow, same age pala tayo! Yes, it can be done and yes it’s sad many Filipinos don’t know about investing or they just don’t take it seriously. Sis, naemail ko na sa email na ginamit mo sa pagcomment dito. Happy reading! 🙂

  4. I’ve been financially conscious eversince pero I can do nothing about it because, well, it’s complicated. Lol. Pero now that I am the major decision-maker of our household (it’s only my mom and me), I’m building our future finances din! I’m learning personal finance myself — reading blogs, participating in forums, having mentors. Nakaka excite pag nag grow na pera. Ahh financial independence. We’ll get there someday sis! 🙂

    1. Yes, ang saya saya, diba? I read from your blog you’re also sending the two children of your sibling to school, that’s very inspiring and admirable, too. 🙂

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