How much is your net worth?

[purpleshadow]

got savings 5 digits..
and i dont know how much all the gadgets i got..
kaktamad mag compute..
earning 5 digits too a mount..
ipon pa..
im 23

[krisel_06]

mine is only 50k below and I'm already 26.
I still need to save more.

[ikaela]

^^Just get started on it ASAP mooncake and leaves, di mo mamamalayan na lumalaki na pala savings mo. Saving up gets addictive once you see your money growing, it's like you want to keep feeding and feeding it!

[mooncake and leaves]

^ thanks. Galing! Yan ang wala ako, yung business sense. Actually, wala sa family namin ang risk-takers at walang may skills na ganyan. Congrats. Nahiya naman ako, I'm in my mid-20's too.

But I agree with you kasi yan din sabi ng sister ko sa akin na magaling mag-ipon: nakaka-addict daw mag-save lol. Siya kasi di siya mapakali and she keeps rounding up her numbers at di siya natatahimik until ma-reach niya yung target savings niya.

[sardonyx]

The wealth calculator from "The Millionaire Next Door" by Stanley and Danko: 
http://www.banksite.com/calc/wealth

"The authors have devised a simple rule of thumb. No matter what is your age and how huge your income is, the wealth equation should be:

Multiply your age times your realized pretax annual household income from all sources except inheritance. Divide it by ten. This, less any inherited wealth is what your net worth should be."

[hazedhaze]

@ikaela OMG, you're so awesome! Shucks, by 27, I hope I can pull off my dream business as well. That's 5 years from now. Come to momma.

Do you have any blog or virtual hub where you post your materials? I wish they're feature ones. I'd love the read them! Galing mo magsulat! =D

@sardonyx That's a coool way of computing it! Now i know how! Thank you! =D

[sexy_boi]

21 yrs old,  180k on ATM, properties 1.8M.

[cherub.rock]

waaaaaaa nakakainspire naman ng thread na to. im 23 na, with ZERO savings. wait, i save.. pero i spend it to travel. i started saving this year from my first job para maka travel ako abroad. after this, im planning to save again to go to another country to travel. hahaha. tama ba yun?

thankfully, wala pa akong ibang responsibilidad sa buhay like children or siblings to support. right now, i'm just enjoying my earnings to do the things i really want. minsan, i feel guilty..but rationalization ko is.. bata pa ako eh. i want to have fun. i want to see the world and discover. nyek.

[cherub.rock]

I guess for those who have money, to be able to brag about it
And for the broke ones like me, to realize that I need to work harder.

IMO lang

i agree sis. this thread is actually inspiring if you view it positively. of course, if you're a negative thinker, all you will feel is envy to those who have a high net worth. para sa akin, it made me realize some things... hmmm...

[blooming]

^^ ok lang yun sis, bata pa ka pa naman

siguro importante, have a regular schedule of your savings, tapos i-beat mo yung savings mo, para any excess, you can use for travels. ang point naman is to have a balance. enjoy life while not worrying na may financial security ka rin sa future. 

[kikaynpretty]

21 yrs old,  180k on ATM, properties 1.8M.

wow, nice! paano mo nagawa?

[ikaela]

Aww thanks hazedhaze. I think you're pretty awesome too for being smart about your finances at a young age. You have time on your side and that is priceless.

I also want to know how sexy_boi was able to acquire his assets.

[josa4evah]

I am 24 years old and i have 1.1M savings, and I also own an suv (400k paid so far, 1.1M to go) so parang zero lang din if i consider that.

how did i earn this million at 24? hindi to kakayanin ng work ko alone that's why i have a business. i resell any item that interests me and which i can consume if ever di mabenta.beein doing this for 4years already.pero last year lang talaga ako nag full time and im very happy and positive about it.i resell furnitures, soaps, rice.im also in to fruit dealership.i really use my connections.i am always for the lookout for negosyante friends and i offer to resell their products.

[betty]

wow magaling ka din sa discipline if i may say.

[iluvmysoldier]

kasama ba sa net worth yung mamanahin? haha kasi kung sa pamana medyo malaki ang net worth ko dahil only child lang ako at sakin nakapangalan almost all na properties tapos wala naman akong masyadong liabilities at wala din ako masyadong binabayaran monthly except for small stuff lang like internet, credit card etc.

farm lot 1.6 ha (7M)
house and lot 500sqm (10M)
commercial lot 2000sqm (20M)
restaurant business (5M)
security agency business (3M)

pero kung yung talagang cash on hand lang nako zero dahil palaging ubos...ewan ang gastos ko.. as in wala akong naiipon...

kaya dapat ang tanong sakin eh how did i spend my first million.

25 na pala ako 

[vain_kixie]

i have a six digit savings and i used to have a 5-6 digit income. =) no debts =)  i stopped working for 2 months now. pahinga muna.

i just turned 25 but i guess my best investment of all is when i invested my heart and my time on a man who earns more than me (though saves less than me.) He's a business man and awhile ago it hit me, that it is better to have people work hard to earn the money that you spend. He goes to his office like 2x a week max maybe 4 hours lang, does everything through his phone and we go on dates everyday. loads of spare time yet earning loads too.


mag bubusiness nalang ako. sabi nga ni gokongwei: you will never be rich as an employee. Business is the wayyy to go talaga

[m_lim]

^true. pero parang bihira lang yan na pwede mo nang iwanan ang business mo. pwede malaman anong industry si bf?

usually kasi pag negosyo, mas marami ka ngang kita pero wala ka namang time! kasi kailangan mong tutukan talaga.

[charmed_chic]

^^attagurl! ^_^ yan din talaga nasa isip ko eh.. magtayo ng business though I have a business right now. pero gusto ko dagdagan pa ng isa.. pwede rin matanong sis anong industry business meron si bf?

[sexy_boi]

[textspeak!] 180K on my ATM sweldo ko yan for 1yr and 5 months naipon lang kc di ko hinihingi sa bossing ko w/c is my dad, besides di ko naman kelangan ng money kc binibigyan rin nila ko ng money iba [textspeak!] sweldo iba and iba [textspeak!] galing sa parents. i've been working on our family business since i graduated college. then [textspeak!] 1.8 e condo un na nakapangalan saken pamana nila. 

[showermist]

^lucky you
 
keep those net assets growing