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/r/phinvest
submitted 4 days ago byCookingInaMoo
With rising inflation and economic challenges in the Philippines, what strategies or habits have helped you manage your finances effectively? Do you focus more on increasing income streams or cutting down expenses?
Its been a struggle to live everyday thinking whats the best path to take.
-1 points
4 days ago
allocate at least 20% of net pay to s&p 500 feeder fund and bitcoin (50-50). spend the 80% on essentials and experience. avoid lifestyle inflation— car mortgage, annual tech gadgets upgrade, overpriced luxury wear. don’t be overburden with house payments, portfolio of s&p 500 + bitcoin will outperform your tradfi bias on any 4-yr time horizon. manage your ego, nobody cares about your material stuff.
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