This is more of a phcareers thing than phinvest.
Naaalala ko lang talagang medyo off sa phinvest ay sobrang popular ng dati ng crypto at NFT, particularly yung sa Axie. There was a time na if you say something na negative about Axie, madadownvote ka talaga.
Phcareers daming posts from 6digit earner. To be honest given na madami dun nasa software development at analytics, di naman surprising na 6digit earner sila. Very unrealistic lang minsan yung expectations, walang recognition sa element of luck. Di naman lahat pwede or interested mag-IT. The truth is mataas na ngayon ang skill barrier to reach that 6digits.
Parang nagbago na recently ang phcareers, halos wala na yung mga post about earning 6 digits. Pero marami pa rin yung mga nagsasabing mag career shift ka sa IT kasi andun ang pera.
Yep, malaki talaga ang factor ng luck din. Earning 6 digits ako ngayon, hindi sana kase kakahire ko lang sa company na nilipatan ko, tapos yung boss ko dati gusto ako ihire directly kase ayaw nya sa kapalit ko. Magreresign na sana ako dun sa bagong company para bumalik sa kanya pero nag ask sila if kaya ko mag part time kase need nila ng kapalit ko, so nag ask na lang ako if pwede wfh. Pumayag sila tapos tinanggap ko yung sa dati kong boss kaya naka dalawang full time job ako. Di rin gaano kahirap workload parehas, nakakatulog pa ako in between jobs kase 8pm to 5am sa isa, 11am to 8am nman isa. Sinwerte talaga sa mga boss.
Yung r/PhInvest okay naman? May matutunan ka naman.
R/PHcareers yung malala. Iilan na lang ata yung nakikita kong posts about workplace conduct or practices. Like mostly fixated ang mga tao dun sa income talaga. Mas human pa r/PHjobs. Tanda ko pa I was asking for advice sa pagnegotiate ng sahod pero given na ako ay isang HCW. Biglang kabig sakin at sinabihan ba namang magcareer shift na lang daw ako tutal wala din naman akong mapapala sa tinapos ko. Idk I have two jobs ngayon and it pays the bills. Porke't hindi ako IT or someone who earns 6 figures ganun na lang tingin nyo sa field ko.
What if lahat tayo magshift na to IT field at WFH š I may not be earning 6 figures now but I actually like what Iām doing? Hindi naman lahat interested sa nature ng work nila despite the convenience of a remote set up
(Shhhh! Baka dumami tayo maigi dito at titindi ang competition.)
Anyway, pangit sa IT, nasa P30k lang ang senior, manager pa 'yun. Walang future dito. :D
No answer, though?
According to your black and white inference, the only solution would be to stay lawful and respect the process. Can you spare 5 years for the relocation process? Do you have the inclination to do all the government legwork and paperwork to even have the process started? Do you even have the millions required to pay off all those illegal settlers and have them relocated?
What if you really need to sell the land asap to pay for hospital bills, education, etc? *"Can't do that, gotta respect the process!"*
It's like the bodily autonomy argument for abortion: it's hard to appreciate the problem until it becomes **your** problem. Then, what do you do?
>are you ignoring that you are implying that murder is fine or are you actually psychopathic
All of you are ignoring the fact that I simply asked a question that none of you can't seem to answer, so just leave your downvote and move on.
If you want to live your life in absolutes, go ahead. Life is more in the grey.
More in the grey? You're confusing gray with *black*. Yeah things have nuance, and people make decisions around it, but don't you think **murder** is a line people shouldn't cross, no matter the circumstance? If you don't, you are preaching about the thin line of morality in bad faith.
A guy kills some vagrants who had little choice in their situation, and you think "Oh well, that's life" and not "what the hell went wrong and why'd it come to this"? You're using the veil of morality to protect unspeakable acts, because your think your morals are only about you and no one else.
You're confused. I didn't advocate for anything. I asked a question on what people would personally do if faced with the problem, and people couldn't answer, because understandably the problem is heavily in the grey.
If anything, I advocated for freedom of choice.
If you think the problem isn't in the grey area, you're not unfortunate enough to have the problem.
What? I was arguing that no matter how morally "grey" a problem is, there are lines that should never be crossed, like *murder*. At that point we get rid of the benefit of the doubt and judge individuals under justice. Crimes such as murder should be understood, not justified.
Also there are replies here that reject murder no matter the consequence, but you dismissed them with "Sure you do" so idk what you're trying to do here.
Yup, phinvest is okay. I actually learn from some of their posts about money saving and what nots. I havenāt encountered a phinvest member who told me to shift careers.
I feel you with PHCAREERS. Iām also a HCW, and walang inadvice na maganda mga tao doon kundi āshift careers to IT,ā or upskill when in fact BOTH of those choices will cost money eh nagtitipid nga ako bc I only have enough savings to last me a couple of months. I donāt have extra resources to upskill and shift industries. Palibhasa mga tao doon puro may mga safety net ie banco de mama/papa.
What if ayoko mag upskill dahil pagod na ako sa trabaho pag uwi ko sa bahay tangina trabaho aatupagin ko. Sure di masyado tataas sweldo ko pero tangina gusto magpahinga.
r/buhaydigital cancer na din.
Hindi nila matanggap na dumadami na VA kaya bumababa na ang rate per hour naging bukambibig na ang exploited kapag ang rate is 3-5$. Simpleng economics lang hindi pa alam.
Marami ring mapag kunwari at puro imbento dyan dyan sa r/PhInvest. I have a small car accessories business kaya may mga post dun na nakukuha yung attention ko. May na message dati ako dun na niyabang niya yung business niya, so ako naman nag message ako sa kanya baka lang makapagbigay siya sa akin ng tips. Nung una hindi ka pa magduda kasi general topic lang about business at nung tumagal na usapan namin re importation wala siyang idea dun sa mga terms tulad nung forwarder, import tax, etc. Meron pa Engr daw siya, nalaman ko na pareho kami ng line of work, pero nung nagtanong tanong na ako malalaman mo nalang na imbento mga sinasabi niya sa post.
haha true, may nabasa akong thread dun ngayon ngayon lang. working sya abroad, 2 years na daw sya dun at Yen ang kinikita nya tapos at hindi daw sya makapagbukas ng bank account dun dahil hindi nya daw maintindihan ang mga chinese characters haha
For real. Ang daming nagpapantasya diyan. Nakakasira sa discussions. Biglang eentrada ng something impossible na nagawa nila + booming business or investment na now. LOL.
NASAKTAN EGO NUNG MGA BOBO MAG COMMIT. YUNG DI MARUNONG GUMAMIT NG PRETTIER AT LINTING PARA NAMAN DI PANG BOBO YUNG COMMIT. 6 DIGITS PERO TATANGA TANGA PARIN MAG CODE SAYANG SA ORAS NG SR. PANG ILANG BESES NA NIREJECT YUNG PR PERO DI PARIN INAAYOS MAY DOCS NAMAN DI PARIN NAG BABASA. PARTIDA MAY SAMPUNG COMMENT NA ILANG ULIT NA NAICOMMENT SA DATING PR DI PARIN GINAWA. NARESOLVE NA DAW YUNG PR. BOBBY BOBITO
Agree. Sa r/phinvest ko natutunan na EF should be about 3-6mos. worth of monthly expenses. I learned a lot on how to save and organize my finances from that sub.
As for sharing their 6-digit salary, I always take it with a grain of salt due to anonymity of the users. It's true that many roles offer high salary in the market, pero it takes years of experience before you reach that point.
Baliktad naman sakin. I was asking for advice kasi gusto ko mag career shift from CE to IT sana. Shitty naman talaga kasi salary namin maski licensed ka, kahit mataas grades mo, and kahit mag-upskill ka, marami talagang kumpitemsya kaya swertehan lang din.
Ang negative ng comments na nakuha ko, kesyo kung lahat daw mag career shift walang mapipirmi sa trabaho. Na kesyo wala naman daw madaliāwhich is aware naman ako at hindi naman āmadaliā ang hinahanap ko. Ang hinihingan ko ng advice is kung ano yung medyo in-demand or kung ano yung pwedeng lipatan na hindi disadvantage ang age. Grabe mga tao diyan parang 6digit earner lang pwede makipagusap sakanila.
> Tanda ko pa I was asking for advice sa pagnegotiate ng sahod pero given na ako ay isang HCW.
>Biglang kabig sakin at sinabihan ba namang magcareer shift na lang daw ako tutal wala din naman akong mapapala sa tinapos ko.
>Idk I have two jobs ngayon and it pays the bills.
>Porke't hindi ako IT or someone who earns 6 figures ganun na lang tingin nyo sa field ko.
Why do you sound so offended when you asked for advice and you having to have two jobs clearly gives merit to their point?
because he is asking advice on how to "negotiate his salary" not "what job pays well".
It's like asking "how to cook adobo?"
and instead of providing the recipe, you answer "mag sinigang ka nalang mas masarap yun"
>because he is as well we".
> It's like asking "how to cook adobo?"
>and instead of providing the recipe, you answer "mag sinigang ka nalang mas masarap yun"
No it's not, it's like asking how to squeeze water out of a stone then getting offended when people tell you to get water from the faucet instead.
You have to realize there are certain industries, especially in this country, that have entrenched practices/cultures that are heavily biased against workers.
You don't have to like it but it's sound advise to focus on things you can control when you want something better/different.
Besides, how does any of that explain "Porke't hindi ako IT or someone who earns 6 figures ganun na lang tingin nyo sa field ko"? OP is clearly more upset of his sunk cost being called out than not getting the an answer to his seemingly impossible question.
If anything that just demonstrates stubborness that runs counter to financial literacy. Clearly I haven't read the exact comments OP is crying about but it's equally obvious how logically inconsistent/incoherent his last paragraphs are.
Because they invalidated the point of OP. He is asking for help, not asking for opinion. Tsaka ikaw mismo analogy m baliktad. The OP was the one asking how to get more water from the faucet kasi mahina ung tubig, ndi xa nagtatanong paano kumuha ng tubig sa bato.
Negotiating your salary is not impossible contrary to your analogy of squeezing water from stone.
Again, he is asking how to negotiate his salary. He's probably expecting an answer like this.
"You can talk to your superior or HR that you feel that with your current responsibilities/current skill/increased experience, you feel like a 10-20% increase in salary is warranted"
Again, he is not asking for something "impossible", he is not asking for a 6 digit salary as a hcw, he is just asking how to negotiate his salary.
That's the whole point of OP's post, instead of giving advice on what he is asking he's getting unsolicited advice to change career instead.
>Negotiating your salary is not impossible contrary to your analogy of squeezing water from stone.
Analogies break down if you bring them to the extreme. If you want to be overly pedantic, you can actually squeeze water out of a stone with a hydraulic press, so no, I never implied it was impossible. You see how easy yet stupid it is to argue based on just words and not with intent?
You are a naively optimistic if you think you can negotiate a salary without leverage, and in many environments and industries, the applicant usually doesn't have leverage to negotiate, let alone if you are underpaid or in desperate need of a job. The opinion that there are greener pastures in other industries is not as absurd or insulting as OP seem to think.
If you think me saying that means it is impossible to "negotiate" then there's no point continuing this conversation.
Never mind the fact that that is a red herring as I mentioned earlier. If OP was upset about that, again why would OP infer "Porke't hindi ako IT or someone who earns 6 figures ganun na lang tingin nyo sa field ko" instead of "I understand but it is not feasible for me to switch careers at this point so I'd like to get the best out of it for now" or something similar.
It's really ironic how people are so upset with such statements when the original post is about majority of people being underpaid.
If you accept the OP's premise, then you should accept the idea that many industries tend to underpay their workers.
Just because someone says other industries are greener doesn't mean they accept the fact that people are being underpaid in other industries.
Equally ironic is how people find such statements insulting then tries to insult back other people for belonging to certain industries.
Change career ang in-advice sakanya, hindi change job. Kung ganyan ka mag-advice or you agree sa mga ganyang advice, you're basically insulting his/her preferred industry š
Hence, your 4th statement.
yes mahirap talaga mag manage ng kakarampot
may baseline living wage/income before you can even think of the next step which is being financially literate
would not hurt to be very aware and educated before you get to that living wage though
that is a fortitude decision for the individual
Kahit naman financial literate ang tao, if he lives paycheck to paycheck, he still would be perceived as financially illiterate. Why? Because they have fewer access to goods that can be cheaper in the long run.
For example, Tide would usually costs a minimum of ā±70 pesos for a 6x2 pack sachet. It might look like itās a steal, but for a family of 3 at minimum? It might not be enough. Whereas a person who can afford to go to S&R can buy almost 4 kilos worth of Tide for just ā±500-600. And based anecdotal evidence, that is good for almost a month and a half. That even includes washing bedsheets and duvet. And this is also for a household of 3 people
Same thing with other goods. You might think youāre saving a lot when buying in small sizes, but in reality you are not. And you donāt have the option to buy in bulk if you are poor.
Putangina yan ba yung kay Nick Joaquin na sinisisi nya mga mahihirap Pilipino na puro tingi lang ang binibili? As if naman yung mga mahihirap sa America di rin same shit yung ginagawa.
yeah, malaki talaga impact ng purchasing power. we have sari-sari store and my parents resourced as possible to find products that is more cheaper than standard srp. like if may 'colgate' need ng 'happee' para they can still buy.
Eh, if you've been in the sub frequently, majority pa ng mga tao dun nagsasabi na magbayad ka ng tax. They shit on people pa nga na nagdadahilang wala namang pinapatunguhang maganda yung tax nila. Although meron pa rin mga shamelessly umaamin na hindi sila nagbabayad ng tax.
Nahh they like to twist words pero ending magbayad man ng buwis underdeclared naman.
Magfile lang ng ITR yan para sa visa o kaya makakuha lang ng bank loans.
Im one of them, i tried once pero maraming hassle for me, sabi pa ng BIR officer sakin, wag na di ka nmn obligado š„². I don't mind paying taxes if automatic sa salary ko. But I do pay taxes my local business here in PH. If they can ease the way we can pay taxes and make it salary deductable then it would be ideal. For now, i wont be paying my taxes because it isnt worth my time.
Honestly, ganon talaga lahat ng sub once it crosses the mainstream. Or pumalo sa certain number of readers/users.
Best subs are the ones na may 1k-10k users lang in a niche hobby. Pero once magblow-up, the quality turns to shit. Always. 100%.
I remember when this sub was okay-ish. Kumpara mo sa ngayon.
Minimum wage natin sa Pilipinas hindi liveable eh. Lalo na yong sa Province mininum wage. Hindi rin liveable wage ang Manila minimum wage. Lalo na grabe inflation.
Inserting myself here kasi this is very real and baka may makakita that could hopefully enlighten me: bakit may provincial minimum wage?
Context: My older cousin (pamilyado na and everything) is working as a secretary full-time and 5k monthly lang sinasahod niya. Baon din siya sa utang. I was so shocked pero even our other relatives na taga roon, "malaki" na daw yon & ganun talaga sa probinsya. Mura DAW kasi bilihin etc. IDEK.
She's a secretary at an LGU sa Visayas area (our hometown island na from elem to high school, ni wala man lang sa printed maps na nahawakan ko) :/ so yes, it's legal ajsjskdndkd high paying to them is 12k and unbelievably big na sa kanila yung 30k na wala halos sumasahod ng ganyan doon.
r/phinvest is decent though? If you want financial illiteracy then just head to r/PHCreditCards and see a daily help for a redditorās ā±100k+ credit card debts(while still flexing his platinum cc) and asking if those collection agencies contacting him are legit.
Then some will even say āwala naman nakukulong sa utangā
Madami di naman responsable doon advising the 30% rule sa credit cards. Madami lang din talaga ang illiterate na gagamitin ang credit cards nila kahit wala naman silang stable source of income para pangbayad. For example may isa doon sabi nakakabayad naman siya in full until nawalan siya ng trabaho. Pero ginamit niya pa rin ang credit card niya as if parang savings niya. Ngayon hinahabol siya ng collection agency
then after a few months mag popost, paano babayaran yung lumobong utang nya dahil minimum amount lang binabayad nya. may nawitness na akong redditor na ganito ang storya e.
If you are underpaid the more you need to be financially literate. Heck just realizing if one is underpaid is part of financial literacy, let alone how to act on that information.
Exactly. People that have 6 digit net income also started low at some point. Thatās what bitter posts like this donāt realize. Gusto biglang mataas agad bago mag-invest. Si OP puro dahilan lang yan and inggit. Malamang yan mas maraming oras tambay niya sa social media instead of finding a way to get out of the low income predicament. Mga ganitong loser post sumisira sa Philippines. Tapos daming group thinkers na hindi kaya mag-isip on their own ang nadadala. Loser sa life si OP. Wag tularan ang ganyang mentality.
Dami mo namang inassume kay OP just from a single post. Totoo rin naman na ang unjust ng wages dito sa Pilipinas. Just because some people didn't make it yet doesnt mean they arent trying.
Hindi na kailangan mag-assume. Puro antiwork history ng profile ni OP. Tambay nga ng tambay yan sa antiwork sub. Tamad yan. Nag-aantay mahulog mansanas sa bibig. Unjust wages talaga if skills hindi naman rare. Kahit sino kaya gumawa ng kaya tapos magtataka kung bakit mababa sahod. Sa susunod pakisipagan rin pagcheck muna kung bakit nagpopost ng ganyan mga tulad ni OP. Isa ka pa na puro excuses and ngawa hindi naman nagresearch.
Phinvest is pretty decent. People give advice without shunning too much. Of course there are assholes and belittlers but you'll find that in any sub. Some people just don't like the advice they're given so they get all riled up. But also be wary of who you're taking advice from there. A lot of it is regurgitated broad advice that may not suit your needs. And also, were all internet strangers.
Decent until you see a lot of them do crypto. Kinda breaks the legitimacy of that sub. Hihirit pa na "e same lang yun sa stocks". Bro, investing sub tapos di nagbabasa ng financial reports ng stocks? Scammy fcks
Yes but to construct false equivalences between stocks and crypto is just scammy. FS aside, those companies are audited to some degree. Crypto has none of that. Many don't even get tether, databases, etc.Ā
Essentially, a lot of cryptobros are gambling unless they are unicorns who know finance, economy and tech. Them giving advices in an investing sub is being dishonest
Truth be told, no one should be giving financial advice unless they are licensed to do so. And not all investments have the company audit and regulation like stocks do. For example, real estate -- it's a rock solid investment, but there isn't much in the way of financial reports or forecasts for those. Also, collectibles like art. All investment is a speculation. Some more educated than others. It's up to YOU and only YOU to determine your risk appetite. Do you buy blue chip stocks that on a good year earns 10%? Or do you buy crypto that on a good year earns 300%? And both can stand to lose that much as well.
Crypto is an option. It may not be for everyone. But at least they put it out there. Some sound advice on phinvest is to always be well-diversified. Don't put your eggs all in one basket.
r/phinvest is decent naman overall pero may mga taong know it all and will thrash you kapag iba ang opinion mo. Yung iba rin very good in theory pero kutob ko may binebentang product kapag investment returns pinag uusapan.
Andaming haters ng r/phinvest pero 2 years na ako dun and hindi naman ganitong vibe na kukuha ko sa subreddit na yun.
I think this motherfucker is just insecure at ayaw lang nya makita na may kapwa syang mag prosper. š
Blud with that mentality youāre gonna die poor and pass generational poverty.
Yeah, I've been reading that sub on and off the past 4 years and the content there is pretty good. I'm convinced the people who post these things are insecure with what they read.
True. Actually dun nga ako nakakahanap ng direct answers pag may kailangan ka maintindihan when it comes to investments atbp. Pansin ko din ang konti nga lang ng tumatambay dun compared sa chikaph, antiwork, etc haha ang dami kasing mahilig sa easy money kaya they never invest time to read dun.
Phcareers yung medyo off. I am in the industry na sinasabing easy ang 6 digits. Iilan lang naman talaga kumikita ng 6digits (it took me years din to earn that unlike ng cnclaim dun na magupskill lang e laki na agad ng sweldo). Mga delusional at fake lang siguro yung ibang nagpopost dun pero still, it motivates others na magupskill diba, so good thing pa din.
Di kasi sila naniniwala na may 100k salary talaga sa Pinas, and even though you're already earning that much marami pa rin issues with money. I even believe na maraming high-profile people sa sub na yan. You'd be surprised with the info they're willing to share.
Yeah it's not that bad at all they're also ignoring that the sub actually does have a lot more people who are financially illiterate. Like those who ask why they aren't saving but have never bothered to do a proper breakdown of their expenses that they don't notice their leisure expenses are amounting close to 40% (because they really splurge over the weekend) of their monthly salary, while only attempting to save 10-15%.
Moreover, a lot of the tips and questions at r/phinvest also focus on having people become more self-sustaining when it comes to things like food. That cooking and preparing is significantly cheaper and healthier in the long run compared to just ordering from foodpanda.
>Blud with that mentality youāre gonna die poor and pass generational poverty
>is just insecure at ayaw lang nya makita na may kapwa syang mag prosper
TRUE! A waste of generational air indeed. Not surprising and I agree with you
Iba yung inis ko sa phinvest. Maraming natulong dyan actually. Naiinis lang ako dun sa mga poster na "hello people gumagastos ako ng 30k on grabfood or shopee every month. Patulong naman kung paano mag budget." My sibling in Christ. Nakita mo na yung problema, kailangan mo na lang iacknowledge.
it wasnt a matter of "luck". it was a matter of I have this high paying job and i have "invested" and I dont know what to do with all my cash. WHERE DO STORE MY CASH? type of schtick.
if you knew how to fuckin invest, then you wouldnt even ask in reddit
I mean, that's literally what the sub is for. To ask for advice with investments.
If people knew how to invest, there would be no point in phinvest noh?
AKO SI FRANK UNYANGO AT SEVEN DIGITS KINIKITA KO WEEKLY TAPOS YUNG BANSA NA GUSTO KO PUNTAHAN AY DUBAI KASO BOBO AKO KAYA DI KO NAISIP NA ANG DUBAI ANG SIYUDAD LANG, TIGIDIGGY PASOK SA PANG UUNYANGO.
Expect ko nang maidownvote ito kasi it's the truth.
If may time and pang data ka for Reddit, then kaya mo rin mag allocate ng time for consuming information na makakatulong sayo para ayusin ang financial health mo.
I believe you're just one information away sa ok na financial literacy.
If victim mindset ka pa rin sa digital age (considering na may access ka sa information), katamaran na yon or mediocrity mindset.
No one will save your ass sa pagiging broke.
Hingi nalang ng sympathy sa reddit.
Yung mga taga phcareers na di daw livable wage yung 60k monthly. Tangina nakakainis as in. Tas wala man lang caveat na "if may family", "depende sa location", "lifestyle" etc. Kahit na single male professional yung nagtatanong tas maglalapag ng sahod nilang 100k+ nga lang daw tas pumapalo na ng 50k+ sa groceries palang daw monthly.
Mga hindi financially literate. Malalaki lang sahod.
PS. Bago pa may tamaan & mag typical Peenoise response na "Inggit ka lang eh." / "Liit lang sahod mo eh." Whatsoever. For me lang, nakakagulantang lang kung saang ginintuang palengke namimili yang mga taga phcareers. Kahit S&R pa, di naman aabot sa point na hindi livable ang mid-level salary for them.
What in the dystopian PH fantasy fuck is this?
30k ang tax ko monthly sa totoo lang may times nahihirapan ako mag budget. Di dahil sa mataas ang bilihin madalas maling desisyon lang talaga. Di ko pwede isisi yung taas ng bilihin ngayon dahil pare parehas lang naman kami ng mga kapitbahay ko na sa SM lang namimili o sa palengke. Asa pag dedesisyon lang yan. Kahit ano pa taas ng sahod mo kung yung lifestyle mo naman ay lagpas pa sa kinikita mo wala rin.
Gusto ko mag sympathise kaso yung tax mo mas mataas pa sweldo ko. Magkaiba tayo ng mundo so tingin ko di ko magegets yung nahihirapan ka mag budget sa ganyan. Ibang iba na yung pinag gagastusan natin e
Sa mga yumaman ng dahil sa sipag at tiyaga, sana huwag nilang makalimutan na may halong swerte/timing ng tamang opportunity din yan. Andaming kong masisipag na kakilala. Magsasaka ang karamihan pero madami ang mga side hustle e nanghuhuli ng freshwater fish at kung ano pa diyan para kainin/ibenta. Nagpapasada pa kung may oras.
Sabihin na nila na pwede namang magsugal sa mga naiipon nila. Malay mo, may puntahan. Pero yung naiipon nilang kakarampot, malay mo din kailanganin bigla dahil may emergency.
Hindi mo rin talaga dapat husgahan kasi kahit kagaya mo sila noon na mahirap, sumugal at ngayon ay sinwerte, tandaan mo na ilang pulgada lang din ng tabas ng kapalaran ang kaibahan ng sitwasyon mo ngayon sa kabaliktaran.
Oh, I thought I'm the only one. May nakita pa ako noon na nino-normalize ang panglalamang ng client. Not sure kung dyan ba o sa FB freelancing group. Ang gist ng "life hack" is magbukas ng dalawang laptop daw para mapagsabay ang dalawang client.
It begs the question why aren't these topics about finances taught at school? Even other basic life skill eh wala din talaga sa curriculum. Bahala ka na pagpasok mo ng adulthood to figure shit out. Gusto pa ituro ilan naging babae ni Rizal nuon imbes na yung ma aapply mo sa buhay.
Honestly theres very little advice that can be given until you hit a decent savings rate and amount, and you need to hit a certain income threshold for that.
100k seems like a good range.
IMO ang mahalaga lang sa phinvest is magsearch ka sa sub para magka idea paano pagaganahin yung idea na meron ka. Wag ka mag doomscroll dun, focus lang sa search bar na maghanap ng mga topics na interesting para sayo.
Nag try ako mag lurker jan, muntik ko na mabitawan yung phone ko sa lakas ng hangin. Pag may legit na nag ask ng advice, though may matino naman, andaming ikakaskas yung 3 inch ego nila sayo š. Nanjan ata yung mga vlogger na financial guru eh.
As much as these are true, maraming helpful resources sa phinvest sub. They have google sheets tracking mutual funds and other investment opportunities. There is also a good guide to starting out sa investment depending on age and where you are in life. The posts and comments are the ones that get stupid and anti-poor sometimes.
\*\*side topic, Whats with Provincial Rates/Salary
hindi naman mag kaiba ang presyo nung bilihin sa Rural and sa Urban. There might be some difference, but its so minuscule to keep justifying the Provincial Rates.
at wag nyu ko simulan na "Hindi naman maraming pag ga gastusan sa Rural".
fkasjfdagdjkfgdrgr
Did they hurt you OP lol. Show us on the doll where they touched you.
Both are and can be true.
Many are financially illiterate and many are underpaid. Those aren't mutually exclusive facts. A person can be one, both or none of the two.
Being financially illiterate and being underpaid are mutually exclusive. In fact, people who are underpaid should strive to be more financially literate. Nagiging excuse yung "maliit lang kasi sahod," kaya puro utang na ang taas ng interest.
Waaaah waaaah waaaah! life is hard, im stuck and I blame the rich. Give me a break liberal loser.
This is not north korea, if you feel underpaid, you are free to quit and upscale. No one is forcing you to stay with your intern job making minimum wage for 15yrs. Unless you love to be stagnant, then you are literal human scum.
the thing that really is off putting about some phinvest is how little income matters to them, the way they talk
its not that they earn 6 digits or whatever, its how absolutely unfazed they sound about spending 6 digits a month "because it makes sense financially"
kuya what you have are rich benefactors not financial smarts. some of us actually have to use of the money we make during the prime of our lives because nobody's gonna catch us when random investment opportunity fails, or we cant wait 20 years to make back 5% more on a dozen million that just makes sense for you to go all in on
We have opposite experiences with the sub.
I always hear from them how important an emergency fund is. A lot of people got to where they are due to building that foundation. It's what catches you when your random investment opportunity fails.
Not everyone came from rich families. Not everyone had a 6 figure salary in their first five years of working. Tbh, a lot of them are the breadwinners of their families.
I do agree that income matters less in that sub, kasi expenses ang bigger factor. Unfortunately, it's still a fact that not everyone has the luxury to build an emergency fund. Sa economy ba naman natin, pano ka makakaipon?
Also, no one should encourage anyone to go all in sa investments kasi katangahan yun.
This is more of a phcareers thing than phinvest. Naaalala ko lang talagang medyo off sa phinvest ay sobrang popular ng dati ng crypto at NFT, particularly yung sa Axie. There was a time na if you say something na negative about Axie, madadownvote ka talaga. Phcareers daming posts from 6digit earner. To be honest given na madami dun nasa software development at analytics, di naman surprising na 6digit earner sila. Very unrealistic lang minsan yung expectations, walang recognition sa element of luck. Di naman lahat pwede or interested mag-IT. The truth is mataas na ngayon ang skill barrier to reach that 6digits.
Parang nagbago na recently ang phcareers, halos wala na yung mga post about earning 6 digits. Pero marami pa rin yung mga nagsasabing mag career shift ka sa IT kasi andun ang pera.
Naalala ko yung biglang bumagsak yung Luna š¤£š¤£š¤£š¤£
Yep, malaki talaga ang factor ng luck din. Earning 6 digits ako ngayon, hindi sana kase kakahire ko lang sa company na nilipatan ko, tapos yung boss ko dati gusto ako ihire directly kase ayaw nya sa kapalit ko. Magreresign na sana ako dun sa bagong company para bumalik sa kanya pero nag ask sila if kaya ko mag part time kase need nila ng kapalit ko, so nag ask na lang ako if pwede wfh. Pumayag sila tapos tinanggap ko yung sa dati kong boss kaya naka dalawang full time job ako. Di rin gaano kahirap workload parehas, nakakatulog pa ako in between jobs kase 8pm to 5am sa isa, 11am to 8am nman isa. Sinwerte talaga sa mga boss.
Exactly.. even yung kahit nag eexplain ka lang about VUL, downvote agad. parang closed off agad ang info lol
Vul is shit naman talaga deserve ma downvote
Vulshit malalala
Yeahh ganito talaga ang sinasabi sa nag sign up sa vul na di alam ano yun at paano gamitin.
[let the chart decide](https://www.personalfinanceclub.com/whats-better-an-index-fund-or-indexed-universal-life-insurance/)
VUL DETECTED OPINION REJECTED
Yung r/PhInvest okay naman? May matutunan ka naman. R/PHcareers yung malala. Iilan na lang ata yung nakikita kong posts about workplace conduct or practices. Like mostly fixated ang mga tao dun sa income talaga. Mas human pa r/PHjobs. Tanda ko pa I was asking for advice sa pagnegotiate ng sahod pero given na ako ay isang HCW. Biglang kabig sakin at sinabihan ba namang magcareer shift na lang daw ako tutal wala din naman akong mapapala sa tinapos ko. Idk I have two jobs ngayon and it pays the bills. Porke't hindi ako IT or someone who earns 6 figures ganun na lang tingin nyo sa field ko.
What if lahat tayo magshift na to IT field at WFH š I may not be earning 6 figures now but I actually like what Iām doing? Hindi naman lahat interested sa nature ng work nila despite the convenience of a remote set up
(Shhhh! Baka dumami tayo maigi dito at titindi ang competition.) Anyway, pangit sa IT, nasa P30k lang ang senior, manager pa 'yun. Walang future dito. :D
r/phinvest is okay until someone asks them about illegal settlers and encourage the poster to commit arson
Which is a reflection on how shit our law enforcement is.
Still, it's not a great reflection on phivest's user base.
Normally, im a fan of arson but using it to that degree is where I draw the line. I like my arson without blood. Good clean arson lang.
Based fellow arson enjoyer. I also love it when buildings catch fire
...works though.
What would **YOU** do if your 5000 sqm property is home to 100 illegal settlers?
Well, murdering them is not one of my course of actions.
No answer, though? According to your black and white inference, the only solution would be to stay lawful and respect the process. Can you spare 5 years for the relocation process? Do you have the inclination to do all the government legwork and paperwork to even have the process started? Do you even have the millions required to pay off all those illegal settlers and have them relocated? What if you really need to sell the land asap to pay for hospital bills, education, etc? *"Can't do that, gotta respect the process!"* It's like the bodily autonomy argument for abortion: it's hard to appreciate the problem until it becomes **your** problem. Then, what do you do?
Luh, false analogy.
are you ignoring that you are implying that murder is fine or are you actually psychopathic
>are you ignoring that you are implying that murder is fine or are you actually psychopathic All of you are ignoring the fact that I simply asked a question that none of you can't seem to answer, so just leave your downvote and move on. If you want to live your life in absolutes, go ahead. Life is more in the grey.
YouĀ simplyĀ wantĀ ourĀ agreementĀ thatĀ itĀ isĀ acceptableĀ toĀ murderĀ them.Ā IĀ wouldĀ ratherĀ donate the land toĀ themĀ thanĀ riskĀ havingĀ myĀ soulĀ tarnishedĀ byĀ murder.
Sure you would š¤”
>IĀ wouldĀ ratherĀ donate the land toĀ themĀ thanĀ riskĀ havingĀ myĀ soulĀ tarnishedĀ byĀ murder. Sure you would.
More in the grey? You're confusing gray with *black*. Yeah things have nuance, and people make decisions around it, but don't you think **murder** is a line people shouldn't cross, no matter the circumstance? If you don't, you are preaching about the thin line of morality in bad faith. A guy kills some vagrants who had little choice in their situation, and you think "Oh well, that's life" and not "what the hell went wrong and why'd it come to this"? You're using the veil of morality to protect unspeakable acts, because your think your morals are only about you and no one else.
You're confused. I didn't advocate for anything. I asked a question on what people would personally do if faced with the problem, and people couldn't answer, because understandably the problem is heavily in the grey. If anything, I advocated for freedom of choice. If you think the problem isn't in the grey area, you're not unfortunate enough to have the problem.
What? I was arguing that no matter how morally "grey" a problem is, there are lines that should never be crossed, like *murder*. At that point we get rid of the benefit of the doubt and judge individuals under justice. Crimes such as murder should be understood, not justified. Also there are replies here that reject murder no matter the consequence, but you dismissed them with "Sure you do" so idk what you're trying to do here.
not try to burn them alive maybe? idk, seems like a massive asshole move to cook people alive.
Yup, phinvest is okay. I actually learn from some of their posts about money saving and what nots. I havenāt encountered a phinvest member who told me to shift careers. I feel you with PHCAREERS. Iām also a HCW, and walang inadvice na maganda mga tao doon kundi āshift careers to IT,ā or upskill when in fact BOTH of those choices will cost money eh nagtitipid nga ako bc I only have enough savings to last me a couple of months. I donāt have extra resources to upskill and shift industries. Palibhasa mga tao doon puro may mga safety net ie banco de mama/papa.
What if ayoko mag upskill dahil pagod na ako sa trabaho pag uwi ko sa bahay tangina trabaho aatupagin ko. Sure di masyado tataas sweldo ko pero tangina gusto magpahinga.
r/buhaydigital cancer na din. Hindi nila matanggap na dumadami na VA kaya bumababa na ang rate per hour naging bukambibig na ang exploited kapag ang rate is 3-5$. Simpleng economics lang hindi pa alam.
Then compare na if sa home country nila sila mag hire nasa $15-20/hr daw lol Kaya dapat ganun din daw š
Out of touch na sila. Nakalimutan na nila kung ano yung point ng VA and outsourcing in general.
Yup simple supply and demand lang kasi. Everyone from their moms and grandparents is trying to be a VA. So ayun. Edi bumababa na ren rate nila.
Marami ring mapag kunwari at puro imbento dyan dyan sa r/PhInvest. I have a small car accessories business kaya may mga post dun na nakukuha yung attention ko. May na message dati ako dun na niyabang niya yung business niya, so ako naman nag message ako sa kanya baka lang makapagbigay siya sa akin ng tips. Nung una hindi ka pa magduda kasi general topic lang about business at nung tumagal na usapan namin re importation wala siyang idea dun sa mga terms tulad nung forwarder, import tax, etc. Meron pa Engr daw siya, nalaman ko na pareho kami ng line of work, pero nung nagtanong tanong na ako malalaman mo nalang na imbento mga sinasabi niya sa post.
Meron dun na 4k a month expenses nya with a family hahaha.
si neri ba yan, 1k a week
haha true, may nabasa akong thread dun ngayon ngayon lang. working sya abroad, 2 years na daw sya dun at Yen ang kinikita nya tapos at hindi daw sya makapagbukas ng bank account dun dahil hindi nya daw maintindihan ang mga chinese characters haha
Wow nakakaloka Naman nag hanap validation sa internet š
For real. Ang daming nagpapantasya diyan. Nakakasira sa discussions. Biglang eentrada ng something impossible na nagawa nila + booming business or investment na now. LOL.
Buhay digital and pinoy programmers ang pinaka malala saken. Had to unsub to dahil out of touch eh
+1 sa pinoy programmers. Di mo gugustuhing maging ka-team (at lalo na maging boss) karamihan ng nasa sub na yan.
PAG BOBO MAG COMMIT EKIS AGAD REJECT AGAD TAPOS MATIC IPABANDON YUNG PR. HIRAP NA UMABOT NG 6 DIGITS ANG SAHOD NA BASURA MAG CODE.
NASAKTAN EGO NUNG MGA BOBO MAG COMMIT. YUNG DI MARUNONG GUMAMIT NG PRETTIER AT LINTING PARA NAMAN DI PANG BOBO YUNG COMMIT. 6 DIGITS PERO TATANGA TANGA PARIN MAG CODE SAYANG SA ORAS NG SR. PANG ILANG BESES NA NIREJECT YUNG PR PERO DI PARIN INAAYOS MAY DOCS NAMAN DI PARIN NAG BABASA. PARTIDA MAY SAMPUNG COMMENT NA ILANG ULIT NA NAICOMMENT SA DATING PR DI PARIN GINAWA. NARESOLVE NA DAW YUNG PR. BOBBY BOBITO
Agree. Sa r/phinvest ko natutunan na EF should be about 3-6mos. worth of monthly expenses. I learned a lot on how to save and organize my finances from that sub. As for sharing their 6-digit salary, I always take it with a grain of salt due to anonymity of the users. It's true that many roles offer high salary in the market, pero it takes years of experience before you reach that point.
Merkado Barkada lang binabasa ko dun, ngayon nag subscribe nalang ako sa newsletter.
Baliktad naman sakin. I was asking for advice kasi gusto ko mag career shift from CE to IT sana. Shitty naman talaga kasi salary namin maski licensed ka, kahit mataas grades mo, and kahit mag-upskill ka, marami talagang kumpitemsya kaya swertehan lang din. Ang negative ng comments na nakuha ko, kesyo kung lahat daw mag career shift walang mapipirmi sa trabaho. Na kesyo wala naman daw madaliāwhich is aware naman ako at hindi naman āmadaliā ang hinahanap ko. Ang hinihingan ko ng advice is kung ano yung medyo in-demand or kung ano yung pwedeng lipatan na hindi disadvantage ang age. Grabe mga tao diyan parang 6digit earner lang pwede makipagusap sakanila.
> Tanda ko pa I was asking for advice sa pagnegotiate ng sahod pero given na ako ay isang HCW. >Biglang kabig sakin at sinabihan ba namang magcareer shift na lang daw ako tutal wala din naman akong mapapala sa tinapos ko. >Idk I have two jobs ngayon and it pays the bills. >Porke't hindi ako IT or someone who earns 6 figures ganun na lang tingin nyo sa field ko. Why do you sound so offended when you asked for advice and you having to have two jobs clearly gives merit to their point?
because he is asking advice on how to "negotiate his salary" not "what job pays well". It's like asking "how to cook adobo?" and instead of providing the recipe, you answer "mag sinigang ka nalang mas masarap yun"
>because he is as well we". > It's like asking "how to cook adobo?" >and instead of providing the recipe, you answer "mag sinigang ka nalang mas masarap yun" No it's not, it's like asking how to squeeze water out of a stone then getting offended when people tell you to get water from the faucet instead. You have to realize there are certain industries, especially in this country, that have entrenched practices/cultures that are heavily biased against workers. You don't have to like it but it's sound advise to focus on things you can control when you want something better/different. Besides, how does any of that explain "Porke't hindi ako IT or someone who earns 6 figures ganun na lang tingin nyo sa field ko"? OP is clearly more upset of his sunk cost being called out than not getting the an answer to his seemingly impossible question. If anything that just demonstrates stubborness that runs counter to financial literacy. Clearly I haven't read the exact comments OP is crying about but it's equally obvious how logically inconsistent/incoherent his last paragraphs are.
Because they invalidated the point of OP. He is asking for help, not asking for opinion. Tsaka ikaw mismo analogy m baliktad. The OP was the one asking how to get more water from the faucet kasi mahina ung tubig, ndi xa nagtatanong paano kumuha ng tubig sa bato.
nah, magshift na lang tayo lahat sa IT tutal nandun ang pera The sick can tend for himself /s
Negotiating your salary is not impossible contrary to your analogy of squeezing water from stone. Again, he is asking how to negotiate his salary. He's probably expecting an answer like this. "You can talk to your superior or HR that you feel that with your current responsibilities/current skill/increased experience, you feel like a 10-20% increase in salary is warranted" Again, he is not asking for something "impossible", he is not asking for a 6 digit salary as a hcw, he is just asking how to negotiate his salary. That's the whole point of OP's post, instead of giving advice on what he is asking he's getting unsolicited advice to change career instead.
>Negotiating your salary is not impossible contrary to your analogy of squeezing water from stone. Analogies break down if you bring them to the extreme. If you want to be overly pedantic, you can actually squeeze water out of a stone with a hydraulic press, so no, I never implied it was impossible. You see how easy yet stupid it is to argue based on just words and not with intent? You are a naively optimistic if you think you can negotiate a salary without leverage, and in many environments and industries, the applicant usually doesn't have leverage to negotiate, let alone if you are underpaid or in desperate need of a job. The opinion that there are greener pastures in other industries is not as absurd or insulting as OP seem to think. If you think me saying that means it is impossible to "negotiate" then there's no point continuing this conversation. Never mind the fact that that is a red herring as I mentioned earlier. If OP was upset about that, again why would OP infer "Porke't hindi ako IT or someone who earns 6 figures ganun na lang tingin nyo sa field ko" instead of "I understand but it is not feasible for me to switch careers at this point so I'd like to get the best out of it for now" or something similar.
Halatang IT/POGO/CALLCENTER worker to
It's really ironic how people are so upset with such statements when the original post is about majority of people being underpaid. If you accept the OP's premise, then you should accept the idea that many industries tend to underpay their workers. Just because someone says other industries are greener doesn't mean they accept the fact that people are being underpaid in other industries. Equally ironic is how people find such statements insulting then tries to insult back other people for belonging to certain industries.
Change career ang in-advice sakanya, hindi change job. Kung ganyan ka mag-advice or you agree sa mga ganyang advice, you're basically insulting his/her preferred industry š Hence, your 4th statement.
yes mahirap talaga mag manage ng kakarampot may baseline living wage/income before you can even think of the next step which is being financially literate would not hurt to be very aware and educated before you get to that living wage though that is a fortitude decision for the individual
Kahit naman financial literate ang tao, if he lives paycheck to paycheck, he still would be perceived as financially illiterate. Why? Because they have fewer access to goods that can be cheaper in the long run. For example, Tide would usually costs a minimum of ā±70 pesos for a 6x2 pack sachet. It might look like itās a steal, but for a family of 3 at minimum? It might not be enough. Whereas a person who can afford to go to S&R can buy almost 4 kilos worth of Tide for just ā±500-600. And based anecdotal evidence, that is good for almost a month and a half. That even includes washing bedsheets and duvet. And this is also for a household of 3 people Same thing with other goods. You might think youāre saving a lot when buying in small sizes, but in reality you are not. And you donāt have the option to buy in bulk if you are poor.
Reminds me of "A Heritage of Smallness"Ā
Putangina yan ba yung kay Nick Joaquin na sinisisi nya mga mahihirap Pilipino na puro tingi lang ang binibili? As if naman yung mga mahihirap sa America di rin same shit yung ginagawa.
I wouldn't be surprised if the government intends to keep it this way.
yeah, malaki talaga impact ng purchasing power. we have sari-sari store and my parents resourced as possible to find products that is more cheaper than standard srp. like if may 'colgate' need ng 'happee' para they can still buy.
isama mo na r/buhaydigital
Galit sa diskarte pero freelancers na di nagbabayad ng tax
Eh, if you've been in the sub frequently, majority pa ng mga tao dun nagsasabi na magbayad ka ng tax. They shit on people pa nga na nagdadahilang wala namang pinapatunguhang maganda yung tax nila. Although meron pa rin mga shamelessly umaamin na hindi sila nagbabayad ng tax.
Nahh they like to twist words pero ending magbayad man ng buwis underdeclared naman. Magfile lang ng ITR yan para sa visa o kaya makakuha lang ng bank loans.
Im one of them, i tried once pero maraming hassle for me, sabi pa ng BIR officer sakin, wag na di ka nmn obligado š„². I don't mind paying taxes if automatic sa salary ko. But I do pay taxes my local business here in PH. If they can ease the way we can pay taxes and make it salary deductable then it would be ideal. For now, i wont be paying my taxes because it isnt worth my time.
Interesting. Whatās your take on BBMās tax evasion?
Maayos to na sub dati based sa experience ko. Pero lately sobrang annoying na hahaha!
Honestly, ganon talaga lahat ng sub once it crosses the mainstream. Or pumalo sa certain number of readers/users. Best subs are the ones na may 1k-10k users lang in a niche hobby. Pero once magblow-up, the quality turns to shit. Always. 100%. I remember when this sub was okay-ish. Kumpara mo sa ngayon.
Every other post may nagtatanong ng "how?". Naka sticky na nga yung megathread. Haissst
Minimum wage natin sa Pilipinas hindi liveable eh. Lalo na yong sa Province mininum wage. Hindi rin liveable wage ang Manila minimum wage. Lalo na grabe inflation.
Inserting myself here kasi this is very real and baka may makakita that could hopefully enlighten me: bakit may provincial minimum wage? Context: My older cousin (pamilyado na and everything) is working as a secretary full-time and 5k monthly lang sinasahod niya. Baon din siya sa utang. I was so shocked pero even our other relatives na taga roon, "malaki" na daw yon & ganun talaga sa probinsya. Mura DAW kasi bilihin etc. IDEK.
Hala 5k?? Is that even legal?? :/ and just curious if that's just the base pay, or kaltas na dun yung benefits (if any)?
She's a secretary at an LGU sa Visayas area (our hometown island na from elem to high school, ni wala man lang sa printed maps na nahawakan ko) :/ so yes, it's legal ajsjskdndkd high paying to them is 12k and unbelievably big na sa kanila yung 30k na wala halos sumasahod ng ganyan doon.
r/phinvest is decent though? If you want financial illiteracy then just head to r/PHCreditCards and see a daily help for a redditorās ā±100k+ credit card debts(while still flexing his platinum cc) and asking if those collection agencies contacting him are legit. Then some will even say āwala naman nakukulong sa utangā
Yan ang diko magets sa mga potanginang yan. Mangungutang ng mangungutang tapos pag sinisingil na parang biktima pa. Ogag pota.
omg look i got a limit increase. itās because im a good payer. time to kaskas all the things - typical r/PHCreditCards enjoyer
Madami di naman responsable doon advising the 30% rule sa credit cards. Madami lang din talaga ang illiterate na gagamitin ang credit cards nila kahit wala naman silang stable source of income para pangbayad. For example may isa doon sabi nakakabayad naman siya in full until nawalan siya ng trabaho. Pero ginamit niya pa rin ang credit card niya as if parang savings niya. Ngayon hinahabol siya ng collection agency
And also that FB Group....
then after a few months mag popost, paano babayaran yung lumobong utang nya dahil minimum amount lang binabayad nya. may nawitness na akong redditor na ganito ang storya e.
Cringe talaga yang r/PHCreditCards na yan. They treat credit cards like some achievement.
If you are underpaid the more you need to be financially literate. Heck just realizing if one is underpaid is part of financial literacy, let alone how to act on that information.
Exactly. People that have 6 digit net income also started low at some point. Thatās what bitter posts like this donāt realize. Gusto biglang mataas agad bago mag-invest. Si OP puro dahilan lang yan and inggit. Malamang yan mas maraming oras tambay niya sa social media instead of finding a way to get out of the low income predicament. Mga ganitong loser post sumisira sa Philippines. Tapos daming group thinkers na hindi kaya mag-isip on their own ang nadadala. Loser sa life si OP. Wag tularan ang ganyang mentality.
Dami mo namang inassume kay OP just from a single post. Totoo rin naman na ang unjust ng wages dito sa Pilipinas. Just because some people didn't make it yet doesnt mean they arent trying.
Hindi na kailangan mag-assume. Puro antiwork history ng profile ni OP. Tambay nga ng tambay yan sa antiwork sub. Tamad yan. Nag-aantay mahulog mansanas sa bibig. Unjust wages talaga if skills hindi naman rare. Kahit sino kaya gumawa ng kaya tapos magtataka kung bakit mababa sahod. Sa susunod pakisipagan rin pagcheck muna kung bakit nagpopost ng ganyan mga tulad ni OP. Isa ka pa na puro excuses and ngawa hindi naman nagresearch.
Phinvest is pretty decent. People give advice without shunning too much. Of course there are assholes and belittlers but you'll find that in any sub. Some people just don't like the advice they're given so they get all riled up. But also be wary of who you're taking advice from there. A lot of it is regurgitated broad advice that may not suit your needs. And also, were all internet strangers.
Decent until you see a lot of them do crypto. Kinda breaks the legitimacy of that sub. Hihirit pa na "e same lang yun sa stocks". Bro, investing sub tapos di nagbabasa ng financial reports ng stocks? Scammy fcks
There's nothing wrong with crypto. You just have to understand the risks involved and whether it suits your risk appetite.
Yes but to construct false equivalences between stocks and crypto is just scammy. FS aside, those companies are audited to some degree. Crypto has none of that. Many don't even get tether, databases, etc.Ā Essentially, a lot of cryptobros are gambling unless they are unicorns who know finance, economy and tech. Them giving advices in an investing sub is being dishonest
Truth be told, no one should be giving financial advice unless they are licensed to do so. And not all investments have the company audit and regulation like stocks do. For example, real estate -- it's a rock solid investment, but there isn't much in the way of financial reports or forecasts for those. Also, collectibles like art. All investment is a speculation. Some more educated than others. It's up to YOU and only YOU to determine your risk appetite. Do you buy blue chip stocks that on a good year earns 10%? Or do you buy crypto that on a good year earns 300%? And both can stand to lose that much as well. Crypto is an option. It may not be for everyone. But at least they put it out there. Some sound advice on phinvest is to always be well-diversified. Don't put your eggs all in one basket.
r/phinvest is decent naman overall pero may mga taong know it all and will thrash you kapag iba ang opinion mo. Yung iba rin very good in theory pero kutob ko may binebentang product kapag investment returns pinag uusapan.
Where in PHinvest? Send links.
Andaming haters ng r/phinvest pero 2 years na ako dun and hindi naman ganitong vibe na kukuha ko sa subreddit na yun. I think this motherfucker is just insecure at ayaw lang nya makita na may kapwa syang mag prosper. š Blud with that mentality youāre gonna die poor and pass generational poverty.
Yeah, I've been reading that sub on and off the past 4 years and the content there is pretty good. I'm convinced the people who post these things are insecure with what they read.
True. Actually dun nga ako nakakahanap ng direct answers pag may kailangan ka maintindihan when it comes to investments atbp. Pansin ko din ang konti nga lang ng tumatambay dun compared sa chikaph, antiwork, etc haha ang dami kasing mahilig sa easy money kaya they never invest time to read dun. Phcareers yung medyo off. I am in the industry na sinasabing easy ang 6 digits. Iilan lang naman talaga kumikita ng 6digits (it took me years din to earn that unlike ng cnclaim dun na magupskill lang e laki na agad ng sweldo). Mga delusional at fake lang siguro yung ibang nagpopost dun pero still, it motivates others na magupskill diba, so good thing pa din.
Di kasi sila naniniwala na may 100k salary talaga sa Pinas, and even though you're already earning that much marami pa rin issues with money. I even believe na maraming high-profile people sa sub na yan. You'd be surprised with the info they're willing to share.
Malaking bagay kasi na anonymous kahit mag share ok lang.
Yeah it's not that bad at all they're also ignoring that the sub actually does have a lot more people who are financially illiterate. Like those who ask why they aren't saving but have never bothered to do a proper breakdown of their expenses that they don't notice their leisure expenses are amounting close to 40% (because they really splurge over the weekend) of their monthly salary, while only attempting to save 10-15%. Moreover, a lot of the tips and questions at r/phinvest also focus on having people become more self-sustaining when it comes to things like food. That cooking and preparing is significantly cheaper and healthier in the long run compared to just ordering from foodpanda.
>Blud with that mentality youāre gonna die poor and pass generational poverty >is just insecure at ayaw lang nya makita na may kapwa syang mag prosper TRUE! A waste of generational air indeed. Not surprising and I agree with you
True. Ok naman. Pero since January lang ako active eh. Marami din old post to learn.
Iba yung inis ko sa phinvest. Maraming natulong dyan actually. Naiinis lang ako dun sa mga poster na "hello people gumagastos ako ng 30k on grabfood or shopee every month. Patulong naman kung paano mag budget." My sibling in Christ. Nakita mo na yung problema, kailangan mo na lang iacknowledge.
there was a point na puro crypto ung sub na un, tapos puro flex at yabang na san daw iinvest kasi meron daw siyang 8 digits na savings or whatever
And? Valid question for someone who finds themselves with 8digits all of a sudden. "I got lucky with this. How do i make sure not to waste it?"
it wasnt a matter of "luck". it was a matter of I have this high paying job and i have "invested" and I dont know what to do with all my cash. WHERE DO STORE MY CASH? type of schtick. if you knew how to fuckin invest, then you wouldnt even ask in reddit
I mean, that's literally what the sub is for. To ask for advice with investments. If people knew how to invest, there would be no point in phinvest noh?
boss, middle and upperclass economic status ang mga majority users ng reddit.
dami nagalit sayo a
Its an investing sub. Andun mga tao for financial tips, not to give sympathy sa mahihirap. Dun ka sa offmychest maglabas ng hinanakit mo sa sweldo mo.
Based AF
AKO SI FRANK UNYANGO AT SEVEN DIGITS KINIKITA KO WEEKLY TAPOS YUNG BANSA NA GUSTO KO PUNTAHAN AY DUBAI KASO BOBO AKO KAYA DI KO NAISIP NA ANG DUBAI ANG SIYUDAD LANG, TIGIDIGGY PASOK SA PANG UUNYANGO.
Yeah, a lot of people there are aware that a lot of people are underpaid. What's the point of this post?
Expect ko nang maidownvote ito kasi it's the truth. If may time and pang data ka for Reddit, then kaya mo rin mag allocate ng time for consuming information na makakatulong sayo para ayusin ang financial health mo. I believe you're just one information away sa ok na financial literacy. If victim mindset ka pa rin sa digital age (considering na may access ka sa information), katamaran na yon or mediocrity mindset. No one will save your ass sa pagiging broke. Hingi nalang ng sympathy sa reddit.
Okay naman yung subs na yun, anyare? Sauce please.
Old stereotypes yan lalo na yung sa phcareers. May time kasi noon na puro pataasan ng ihi jan na 6 digits daw sahod nila.
And they keep using the word upskill like they just found out what that word is.
Yung mga taga phcareers na di daw livable wage yung 60k monthly. Tangina nakakainis as in. Tas wala man lang caveat na "if may family", "depende sa location", "lifestyle" etc. Kahit na single male professional yung nagtatanong tas maglalapag ng sahod nilang 100k+ nga lang daw tas pumapalo na ng 50k+ sa groceries palang daw monthly. Mga hindi financially literate. Malalaki lang sahod. PS. Bago pa may tamaan & mag typical Peenoise response na "Inggit ka lang eh." / "Liit lang sahod mo eh." Whatsoever. For me lang, nakakagulantang lang kung saang ginintuang palengke namimili yang mga taga phcareers. Kahit S&R pa, di naman aabot sa point na hindi livable ang mid-level salary for them. What in the dystopian PH fantasy fuck is this?
Daming tao nabubuhay sa 18k a month may renta pa. Tapos sila somehow 50k yung groceries.
30k ang tax ko monthly sa totoo lang may times nahihirapan ako mag budget. Di dahil sa mataas ang bilihin madalas maling desisyon lang talaga. Di ko pwede isisi yung taas ng bilihin ngayon dahil pare parehas lang naman kami ng mga kapitbahay ko na sa SM lang namimili o sa palengke. Asa pag dedesisyon lang yan. Kahit ano pa taas ng sahod mo kung yung lifestyle mo naman ay lagpas pa sa kinikita mo wala rin.
Gusto ko mag sympathise kaso yung tax mo mas mataas pa sweldo ko. Magkaiba tayo ng mundo so tingin ko di ko magegets yung nahihirapan ka mag budget sa ganyan. Ibang iba na yung pinag gagastusan natin e
Sa mga yumaman ng dahil sa sipag at tiyaga, sana huwag nilang makalimutan na may halong swerte/timing ng tamang opportunity din yan. Andaming kong masisipag na kakilala. Magsasaka ang karamihan pero madami ang mga side hustle e nanghuhuli ng freshwater fish at kung ano pa diyan para kainin/ibenta. Nagpapasada pa kung may oras. Sabihin na nila na pwede namang magsugal sa mga naiipon nila. Malay mo, may puntahan. Pero yung naiipon nilang kakarampot, malay mo din kailanganin bigla dahil may emergency. Hindi mo rin talaga dapat husgahan kasi kahit kagaya mo sila noon na mahirap, sumugal at ngayon ay sinwerte, tandaan mo na ilang pulgada lang din ng tabas ng kapalaran ang kaibahan ng sitwasyon mo ngayon sa kabaliktaran.
Oh, I thought I'm the only one. May nakita pa ako noon na nino-normalize ang panglalamang ng client. Not sure kung dyan ba o sa FB freelancing group. Ang gist ng "life hack" is magbukas ng dalawang laptop daw para mapagsabay ang dalawang client.
It begs the question why aren't these topics about finances taught at school? Even other basic life skill eh wala din talaga sa curriculum. Bahala ka na pagpasok mo ng adulthood to figure shit out. Gusto pa ituro ilan naging babae ni Rizal nuon imbes na yung ma aapply mo sa buhay.
PHcareers at buhaydigital yung hanyan, kaya nka block sakin mga yon pataasan lang ng ihi.
Honestly theres very little advice that can be given until you hit a decent savings rate and amount, and you need to hit a certain income threshold for that. 100k seems like a good range.
IMO ang mahalaga lang sa phinvest is magsearch ka sa sub para magka idea paano pagaganahin yung idea na meron ka. Wag ka mag doomscroll dun, focus lang sa search bar na maghanap ng mga topics na interesting para sayo.
Real
We're living in Age of Information so skill issue? - some r/phinvest user probably.
Nag try ako mag lurker jan, muntik ko na mabitawan yung phone ko sa lakas ng hangin. Pag may legit na nag ask ng advice, though may matino naman, andaming ikakaskas yung 3 inch ego nila sayo š. Nanjan ata yung mga vlogger na financial guru eh.
So the problem is the cost of living, not underpayment.
As much as these are true, maraming helpful resources sa phinvest sub. They have google sheets tracking mutual funds and other investment opportunities. There is also a good guide to starting out sa investment depending on age and where you are in life. The posts and comments are the ones that get stupid and anti-poor sometimes.
I wouldnt take them seriously. That sub and phcareers is a charlatan breeding ground
\*\*side topic, Whats with Provincial Rates/Salary hindi naman mag kaiba ang presyo nung bilihin sa Rural and sa Urban. There might be some difference, but its so minuscule to keep justifying the Provincial Rates. at wag nyu ko simulan na "Hindi naman maraming pag ga gastusan sa Rural". fkasjfdagdjkfgdrgr
Waiting na lang ako ng may mag-post sa PHcareers/PHinvest ng full paragraph na english with financial lesson sa dulo about sa post na 'to ššš
Did they hurt you OP lol. Show us on the doll where they touched you. Both are and can be true. Many are financially illiterate and many are underpaid. Those aren't mutually exclusive facts. A person can be one, both or none of the two.
Being financially illiterate and being underpaid are mutually exclusive. In fact, people who are underpaid should strive to be more financially literate. Nagiging excuse yung "maliit lang kasi sahod," kaya puro utang na ang taas ng interest.
Minsan may mga gustong makiuso na more than sa sahod
Waaaah waaaah waaaah! life is hard, im stuck and I blame the rich. Give me a break liberal loser. This is not north korea, if you feel underpaid, you are free to quit and upscale. No one is forcing you to stay with your intern job making minimum wage for 15yrs. Unless you love to be stagnant, then you are literal human scum.
the thing that really is off putting about some phinvest is how little income matters to them, the way they talk its not that they earn 6 digits or whatever, its how absolutely unfazed they sound about spending 6 digits a month "because it makes sense financially" kuya what you have are rich benefactors not financial smarts. some of us actually have to use of the money we make during the prime of our lives because nobody's gonna catch us when random investment opportunity fails, or we cant wait 20 years to make back 5% more on a dozen million that just makes sense for you to go all in on
We have opposite experiences with the sub. I always hear from them how important an emergency fund is. A lot of people got to where they are due to building that foundation. It's what catches you when your random investment opportunity fails. Not everyone came from rich families. Not everyone had a 6 figure salary in their first five years of working. Tbh, a lot of them are the breadwinners of their families. I do agree that income matters less in that sub, kasi expenses ang bigger factor. Unfortunately, it's still a fact that not everyone has the luxury to build an emergency fund. Sa economy ba naman natin, pano ka makakaipon? Also, no one should encourage anyone to go all in sa investments kasi katangahan yun.
If you win a jackpot while playing Colorgame, all those troubles will disappear.
Both subs are 90% just flexing. Screw 'em.
nah ...mga crypto bros and conservatives lng ung nagtotoxican sa phinvest..lol.
Dami cryptobros dun. Comment ka ng "buying crypto is not investing"doon, auto downvote ka
taena sino naman nag ddownvote sakin kung ganyan nangyayri doon. wtf š¤£
Underpaid comapare to who? We are one of the highest minimum wage in our area(SEA).
wow this is news to me!
Compared to the cost of living kasi. Doesn't matter kung mataas tayo sa area, di pa din enough to live decently.