Congratulations, You Just Wasted Your Money

I hear people saying that living only on 70% of their income is completely ridiculous. Impossible. Crazy.

But you won’t see them cutting down their spending on cigarettes, liquor, partying, gourmet food, expensive coffee, and a whole lot of lovin’.

For those who don’t believe in the Power of Compounded Interest, let’s check how much you wasted when you purchased the following things from 2011 to 2012.

1) The iPhone4s you bought in September 2012 worth Php40,000 in September 2012 is now valued at Php25,000 Php12,000 only by most sellers for the brand new unit.

If you invested your Php40,000 instead in Ayala Corporation stocks in September 2012 and sold it this month, you would have at least Php70,104 (75.26% profit) today (July10, 2015).

2) The Sony Bravia LED TV you bought at Php20,000 in October 2012 would have grown up to Php23,779.57 (18.89% profit) at the start of 2013 on July 10, 2015 if you invested it instead in BPI stocks.

3) The Asian tour you spent (from credit card) for Php50,000 in February 2012 would have grown to as much as Php78,343.70 (56.69% profit) if you invested it instead in SM Prime Holdings stocks and sold it in December 2012 today (July 10, 2015).

4) The Louis Vuitton bag worth Php70,000 that you bought in June 2011 would have become Php165,354 (136.22% profit) by July 10, 2015 if you instead used it to buy Ayala Land shares.

Louis Vuitton Bags in Cages

5) The Php80,000 you spent for a grand family reunion (for OFW’s on vacation) on February 2012 (that was attended by so many people you didn’t even know) would have become Php191,846 (139.81% profit) if you used the money to buy Nickel Asia stocks instead on February 29, 2012 and sold them on July 10, 2015.

That’s how you just lost your money.

You threw away thousands of pesos, if not millions.

Change Your Spending Habit This Year

Do you want to grow your money? Then don’t just believe in the numbers I showed you in my examples above about investing in stocks.

You have to make a decision to change your lavish lifestyle. Discipline yourself to change your bad spending habits.

Spend less than what you earn. Live on 70% of your income. Build your emergency fund. Borrow no more. Save at least 20% of what you earn monthly.

Learn how to invest in paper assets (stocks, mutual funds, bonds, etc.), properties, and business.

These are the things you will never regret doing for the rest of your life.

Continue receiving information on growing your money and living a frugal lifestyle by subscribing to BurnGutierrez.Com for FREE.

Rock your way to abundance!


P.S. 1. Are you an OFW who’s been looking for a investment placement where your money could grow higher than your time deposit accounts? Are you outside of Metro Manila and would like to start investing in mutual funds but have no personal advisors to help you out? Click here so I can help you open a mutual fund account NOW! .

P.S. 2. Bro. Bo Sanchez has appointed me as a coach for our young and new investors at the TrulyRichClub social site. It’s a fun, learning family with the purpose of “helping good people become rich”. I’m inviting you to join the TrulyRichClub too and email me at if you have any questions. Click here to join!

P.S. 3. My co-author/illustrator Des Feliciano and I have just launched our “The Adventures of Pepot Kuripot and Dora Gastadora” comic book! It’s arguably the first and only personal finance-influenced comic book in the Philippines. Order your copy now from our website and have it delivered right at your doorstep. Or you can grab your copy yourself at The Pantry at 07 in Makati City and ilovemilktea in Las Pinas City. Now available also in Australia, Saudi Arabia, and the USA! Email for more details.

P.S. 4. If you are based abroad or just outside of Metro Manila and has been itching to learn more on how to jumpstart your business dreams, join me and my friend, serial entrepreneur Ginger Arboleda, as we take you through a series 2-hour webinars (for 11 Saturdays) that will help you focus on the technical skills and specific things that you have always wanted to know about in order to grow your business. We have come up with 10 sessions with 11 expert lecturers (with 1 FREE session if you enroll in the full program) that will make you a stronger and better entrepreneur. Register here to join the Enter Entrepreneurship Webinar Program now!

P.S. 5. Learn How To Make Money From Foreclosed Properties! We are on our 3rd run of the Usapang Foreclosed Property Investing with Jay Castillo of! Happening on September 26, 2015 at the SMX Aura, Bonifacio Global City. Click here to register and avail the early bird promo!

P.S. 2. Learn How To Earn Through Larry Gamboa’s Real Estate System. Real Estate Mentor Larry Gamboa is giving a Seminar on February 9, 2013 on how he buys foreclosed properties or properties from “motivated sellers” and turn them around into rental properties or quick sales. If you’re interested to learn his system, click here now!

P.S. 3.  I’m inviting you to attend our entrep webinar called “Negosyo 101 for OFW’s: A Crash Course on Entrepreneurship and Business Development on September 28, 2013 at 3PM (Philippine time) with our ever reliable personal finance blogging celebrity Fitz Villafuerte. This online seminar is cool and fits (Fitz!) those who are based abroad and either wanting to grab business ideas or just expand/grow their existing ventures. You can get more details of the webinar by clicking here.

Photo credit: Son of Groucho

Note: Percentage of returns illustrated are based on Truly Rich Club estimates and personal  investing/trading results.