Wazzup Pilipinas!
Are we playing the right game?
I guess that question should be asked every time we make decisions and not only for those that involve our life savings. However, we were told to only invest on money that we are willing to lose. This means we should only take the risk if it involves money that is not critical to our everyday life.
We often become very generous after pay day because we spend our money without considering how we can make the most out of it. Our bonuses or extra month pays quickly disappear right before our eyes and go immediately to the cash registers of shopping malls where we bought branded shirts and jeans, a new watch or jewelry, or the latest model of a smartphone brand.
"Win as much as you can" should have been the game we should be playing but we get lost and confused because we follow the norm and traditional way of going through life. Even though we've heard so much sayings like "think outside the box", we seem to never learn.
Thank you to the duo of Amar Chandnani and Shyan Lim of Money Expo for teaching us a lot of enriching information on how we should manage our money during the Wazzup Pilipinas Get Rich from the Financial Market.