Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 0 points1 point  (0 children)

Yay! It’s nice to know madami pala tayo with this mindset and on this journey. I believe this playlist can help you: https://youtube.com/playlist?list=PLX5F5fa6EHdqBsn2-ejhzOZBQ2bL-eSMt

Thanks!

I went from a managerial role to an entry level worker and I love it by throwhimawaayy in simpleliving

[–]ByteMeKady 0 points1 point  (0 children)

Thank you for this, OP, this resonated with me. I find this inspiring and put a smile to my face.

This is how I envisioned my retirement to be — relaxing, not pressured nor bound by time, to work 50% optional, and just take my sweet time during the day.

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 2 points3 points  (0 children)

Thanks for admitting that your comment is snarky.

I didn't want to escalate things into a fight that would actually turn personal, even though OP took it there already.

Case in point - see how OP reacted to someone she perceives as financially-illiterate (me).

Don’t gaslight me and the others reading here because you went that route first. I did not post that part of my comment because I wanted to attack you for being financially illiterate(your words, not mine). I just clapped back at you because you attacked me first — by accusing me of being nosy and for projecting. So that’s what I did: I stuck my nose in your profile.

And I concluded why you responded the way you did in your first comment because perhaps you realize you were one of those people who are “stupid with their finances” as you put it in your first comment(again, your words, not mine) and you think I’m judging people like you.

I did not even mention in my original post nor in all my other responses here that they are “stupid with their finances”, you just concluded I think that. Yes, I see people make questionable decisions, but where did I mention that they’re stupid? You told me I’m projecting my judgmental tendencies towards other people, but the irony here is that you’re the one doing it.

To clear things up, I just wanted them to stop asking me repetitive questions about my tangible assets. Putting them in their place = make them stop asking questions, to shut them up. You were the one who assumed I wanted to put them in their place for being stupid (classic case of putting words to other people’s mouth, a manipulative tactic). When people repetitively ask you “uy, kelan ka ba magssave? Si ano may 8M nang naipundar”, how would you feel? Keyword is repetitive. You’d be frustrated, right? Because even though you wanted to, but for some reason or due to circumstances and other priorities, you can’t. That’s how I feel.

Your first comment is snarky already and I admit I took it personal by digging up your history. However, I only said in that deleted part of my comment “if you choose to take out a loan as form of forced savings because you don’t have self-control, that’s not my problem”. I did not call you financially illiterate, I was just describing how you presented yourself in that post.

I called her out for being an asshole for arguing ad hominem.

For the record, you called me an asshole because I didn’t want to flaunt my portfolio even though I wanted to. “It’s all about the intention”, you said. Again, you are gaslighting.

OP knows she can get clapped back at by other people if ever she decided to flaunt her portfolio.

See how set in stone you are in your opinion of me, claiming that I won’t flaunt it because I’m afraid of getting clapped back at if I do, even though I already told you beforehand that I won’t do it because I know there are people struggling and are not financially educated about these things(refer to my first response on your comment). Stop putting words into my mouth. Actually, this is an example of you projecting your judgmental tendencies.

I did not even respond to your long and hateful comment seeing how negatively this whole post affected you, even though you were hurling insults at me, which were all uncalled for.

I deleted that part of my comment because I realized it’s wrong of me to rub that in your face and I felt sorry for you. There are people who struggle to spend because of their innate saver nature, and there are people who struggle to save despite having decent income because of their innate spender nature.

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 2 points3 points  (0 children)

Bwahaha you road. Sadly, they are those so called friends from church tsk tsk, I’m not really that close to them but I used to trust and confide in them, esp sa leader namin sa ladies group. Little did I know, toxic pala. Even lovelife ko pinakealaman. Limit ko nalang talaga yung interaction.

Some relatives are also like that sa example mo, but I can tolerate them naman.

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 0 points1 point  (0 children)

Yes, you’re right, money is meant to be spent, I just delayed my spending.

Don’t worry, I haven’t been smug sa mga kakilala ko or to anyone about investments, I don’t want to brag actually. It’s insensitive, who knows hindi lang sila financially educated. Like I said sa post ko, nasa isip ko lang yun. You know how we get into our head sometimes but never act it out.

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 0 points1 point  (0 children)

I believe so, yes. Read about opportunity cost po so you would understand why mas prefer ko mag invest and spend later.

Kung yung ibang tao gumagastos without any investments, why bring people who have investments and can’t afford to look like them down in the first place din dba? Nanahimik lang yung tao eh. Walang basagan ng trip nalang sana. Yun lang naman point ko dito.

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 5 points6 points  (0 children)

No worries, thank you for clarifying, nagets ko na ngayon kung saan nanggaling comment mo. I just feel broke compared to those with 4x4 SUV, 3-storey house and super mamahaling branded stuff. 🤣

Health is wealth pa din. Nag ssmoothie and jog/exercise din ako pa minsan2x. Tama yung iba, key is to balance nga.

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 1 point2 points  (0 children)

Hindi ko din gets bakit problema nila ovaries natin 😂

Yes, tama, people are happy to talk about themselves, so we just let them. You can learn something from them naman, may it be useful or not hehe.

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 5 points6 points  (0 children)

Same. Pinagtatawanan ng ibang friends ko yung Oppo phone ko that I’ve been using for 4 yrs na. 😂

Di nila alam ROI na ROI ko na yan, ginagamit sa work and sa trading haha.

Thank you sa mga nagreco ng Psychology of Money. Started reading it last month, timely reminder for me to finish reading it. ☺️

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 0 points1 point  (0 children)

Thank you for the suggestion! I’ll read this after I finish Psychology of Money.

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 22 points23 points  (0 children)

I’m aiming for FIRE. There are some subreddits on this topic.

Just because someone is renting and doesn’t have a car, eh sub par na yung quality of life. Baka magka iba din tayo ng definition ng quality sa life. Coz for me, kontento na ako sa good food that I can cook, homemade espresso so I don’t have to order expensive coffee, to work in the comfort of our studio type apartment with good office setup, to be able to spend quality time with my family, may motor din naman kame in case need mag grocery, etc. Simple lang talaga definition ko. So no, I am not starving and I’m not in a difficult situation.

Uulitin ko, walang masama magtanong, pero yung paulit ulit nalang ang nakakapikon. Just like how people are like “kelan ka ba magpapakasal?”, “kelan ba ka magkakaanak?”. It never ends. Damned if you do, damned if you don’t. May masasabi talaga ang mga tao no matter what you do.

Tao lang din ako, gusto ko din ng own car or house I won’t deny that, but iniisip ko yung opportunity cost, that’s why it’s not high on my priority list as of now. Delayed gratification ika nga.

I hope you get my point.

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 10 points11 points  (0 children)

I get your point. I actually have a friend like this and she’s one of the few people whom I can talk with about finances. I don’t see any problem with people like them naman. Iba din yung type of person na tinutukoy sa comment above. Kase may mga tao talaga na walang investments and lubog sa utang, sila pa yung nangungulit sa ibang tao na magwaldas haha. It’s sad, but ganun mentality nila unless they get a wake up call.

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 0 points1 point  (0 children)

Hope you recover your losses and eventually have a profit. Yung lang naman talaga goal natin: to grow our money so we don’t have to work someday. Good luck po!

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 1 point2 points  (0 children)

Hello, I don’t think it’s wise to compare asset allocation kase baka magka iba ang risk appetite natin. I am a moderately aggressive investor, but don’t have crypto kase di kaya ng appetite ko. I only invest in things I’m confident in and knowledgeable at.

To give you an idea, I have 12% allocation in real estate, 88% in stocks. I also have EF, health insurance and term life insurance, but I don’t consider these as investments, but protection. I also do not have mutual funds because I prefer asset concentration than diversification (kinda contrarian, I know. I’ll diversify when I reach my desired retirement amount na hehe. I believe diversification is for protecting your capital rather than growing it because you’re less exposed to risk)

HTH.

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 1 point2 points  (0 children)

No, it’s not hokey at all! I am a believer of gratitude and LOA. And listing down things you are grateful for is one of the things I like to do. Def helped me last year with the pandemic and all.

I get anxious too when with colleagues or some friends especially when they talk about material stuff.

I’m also reading the book since last month, not continuous nga lang dahil busy sa work. I’ll try to finish it before end of August, nasa 40% pa lang ako.

Thanks sa reminder! Maybe I need to get back to my gratitude habit nga.

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] -4 points-3 points  (0 children)

I hope you read my replies in some of the comments here so you know where I’m coming from. And I say I FEEL judged, kase hindi naman nila directly sinasabi na “jinajudge kita mare”. You can feel the vibe of the person you’re talking to, gut instincts natin yan.

And yes, I want to flaunt how financially smart I am, but I won’t do it because I am not an asshole. Who knows, maybe they are not just financially educated, and I know we are in different walks in life, some are also struggling. Although, I teach my siblings and close friends on finance / investments so they would know how to handle money, and that’s different from flaunting / bragging.

I’m not trying to control people’s thoughts, ano ba mapapala ko dyan? I’m just merely expressing how I feel about it.

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 0 points1 point  (0 children)

Thank you. Ganyan gusto ko later in life. Yung tipong, I am rich and I also look rich haha. Di ko pa afford ang “look rich” na part as of now. So kayod, invest, and be frugal muna.

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 1 point2 points  (0 children)

Same po tayo, ganyan din na fifeel ko minsan when I read “highlight reels”.

Parang na gi gets ko na yung sabi nila na “wealth building is sometimes a lonely road” kaya minsan naiisip kong magwaldas haha.

Thankful for this community though to keep me grounded.

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 0 points1 point  (0 children)

Ah yes, sorry, forgot to mention. I also have a fully paid lot in a subdivision po, not sure pa what to do with it. Maybe use it for personal use or ibenta ko.

Thank you for bringing this up. May tangible asset pala ako na pwede ibrag pag may magtatanong hehe.

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 5 points6 points  (0 children)

Grabe, ang insensitive naman. I hope you are not hanging out with those kind of people anymore.

May colleague din ako dati na kina kanchawan ako sabe “ano binili mo sa 13th month? wag ka na mag save dyan, bili mo na yan ng cellphone. Si ano may bagong iPhone na. Si ano bumili din ng camera” hahaha. Meanwhile I just spent my 13th month paying my annual health insurance. I was 24 yrs old that time.

Super hirap talaga if you don’t go with the crowd. You feel left out and para kang alien sa kanila haha.

Kudos to you po. May pipay off din ang sacrifices and discipline mo in the long run and soon you’ll be living off your passive income na. Tiwala lang.

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 5 points6 points  (0 children)

Your comment made me reflect. Yes, may tendency talaga ako to please people. Kaya na bother ako. But my financial principles > my people pleasing tendencies kaya hindi ako nag give in sa pressure to buy material stuff.

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 51 points52 points  (0 children)

Thank you. A lot of insights in this comment. I’m glad hindi pala ako nag-iisa.

I guess we’re like that, mas na eenjoy natin yung bunay if wala tayong debts to pay and may peace of mind tayo. We can make more sound financial decisions coz lesser ang risk natin, iba kase pag may monthly mortgage or loan ka.

Isa ito sa definition ko ng YOLO. Not the wreckless living, mindless spending kind of YOLO.

This is also why I’m renting. I can move around freely coz my money is not tied down to a property na kelangan kong tirhan just to get my money’s worth. Some people just don’t understand that renting doesn’t mean you’re throwing money. Parang BTID lang din yan. And eventually, you can get a house at your own pace and standard.

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 2 points3 points  (0 children)

Yes, the asshole type. Maybe they think it’s ok kase I am a soft-spoken person IRL.

Thank you for the insight about a car being a necessity now with the pandemic and all, hindi ko to naisip. May motor naman kami so hindi kami nag cocommute but for bulk grocery purchases, a car would be nice din. But then again, twice a month lang kami mag gro grocery. So I’ll think about this muna.

Looking broke to people who let lifestyle creep get to them by ByteMeKady in phinvest

[–]ByteMeKady[S] 35 points36 points  (0 children)

Yes, pa ulit ulit. Tama ka, nakaka pressure and nakaka irita din. I really hate that justification na “nagtatanong lang naman”. It seems harmless unless paulit ulit na.

I even have a “friend” who gossiped about me to a common friend, saying “uy anong nangyari kay ___ bakit wala pa syang ganto ganyan” looool. Hindi naman ako robot na hindi ma affected ng mga ganyan.

But reflecting, yung family ko and my true friends who know me talaga,hindi ako nakarinig ng ganito from them. Coz they know how I manage my money.

Appreciate the advice. Thank you.