The “Should I Buy This?” Decision Map

The main culprit to delaying achievement of your financial goals is your spending habits. Based on our independent survey of married OFW’s whose salaries range from equivalent to P50,000 to P150,000 believe they don’t have enough most of the time. This shows that even if someone earns a lot (relatively speaking) they can still feel insecurity with regards to their financial status.

Meanwhile, we also surveyed some Filipinos based in the Philippines (married also) who earn P50,000 or less and believe that they have more than enough from what they earn.

Being wealthy or achieving to be one does not depend on how much you earn but is determined by how much you keep—and how you manage and grow what you keep.

Know Where Your Money Goes

Another issue that we’ve noted from the interviews that we conducted is that a lot of people do not know where their money goes after receiving their salaries. They are not even setting their own financial goals.

In an interview by Inquirer Philippines with officers of Xpress Money Services, a lot of OFW’s don’t have their own bank accounts. This means money were sent in the form of cash to their relatives back home which bounds them to spend all they receive. Watch the interviews below.

Knowing your spending habits and the reasons why you want to spend can help you make better spending choices. These will help you keep more money to save and use toward your financial goals.

Are you ready to get your spending and sending under control? This infograph can help you make decisions to get rid of non-essential things, overs(p)ending on relatives, break bad habits, save money, and make lifestyle changes toward becoming a better spender.

Should I Buy This Decision Map


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Join the OFW UsapangPiso Facebook Group to learn how to plan your finances the right way and how to grow your money in various financial instruments and investment vehicles such as stocks, mutual funds, UITF’s, bonds, money market, real estate, and others.


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. 6. Buy insurance products online! Visit the very first online insurance store in the Philippines: the AXA iON! Purchase your alternative savings plan, educational plan for your children, medical emergency plan, and your life insurance by clicking HERE.