Haha sa Bible ba yan?
Ewan. Sa dami ng napanood kong personal finance videos, di ko na malaman kung sino ang pinagmulan ng ideyang iyan. hehehehe
Take-away from the latest batch of personal finance videos: revisit and fine-tune your financial goals.
Ilang ulit ko nang sinabi noon dito na ang long-term target ko ay in 20 years, maging worth $1M in today's value. Hindi nawawala sa isip ko na may kulang sa sinabi ko. Kasi, puwedeng on paper, $1M ang value ko, pero wala akong cash.
Doon ko napagtanto, wala pala akong specific cash flow goal.
Yes, I still aim to be worth $1M in today's value when i turn 60. But, aside from that, I aim for my passive income to give me a monthly cash flow of PhP100K in today's value. That way, I know I will be comfortable in my retirement, sans any need to bother my sister's kids for financial assistance.
I would only need them to drive me around. Hehehehe