Showing posts with label frugality. Show all posts
Showing posts with label frugality. Show all posts

April 24, 2016

What is the importance of PISO?

BE a BIDDA: "BELIEVE, INSPIRE, DREAM, DO ACHIEVE"


There was this movie starring Robin Padilla and Regine Velasquez.   Robin was the adopted son of Eddie Garcia, and Regine married the adopted father Eddie Garcia, an hacendero.

One time, Robin and Regine were conversing and she asked why Robin was always flipping a one peso coin on his hand.  Robin answered that the one peso coin was given by the Don (Eddie Garcia) to remind him:

       1.  To be frugal and pay attention to small amounts that can be saved;

       2.  To be humble and start small

       3. To work harder to rise above the P1 coin.

It thus enervated and motivated him to work harder.  Are you?

July 06, 2012

Lesson on frugality from Arch Bong

We had a guest on entrepreneurship class, Arch Bong Zuniga.   He is now a multi millionaire.  He used to ride the jeep and his wife used sell sandwhiches in her office in the bank to make both  ends meet.  He worked in a bank before as a bank branch construction manager, but still could not earn enough.

Now he owns a resort near his house which delivers, 8t a day, 7 City State Condo that brings him l2 per month in rent each, aside from the AP office.

Yet he has been frugal.

l.  He has maintained his head count to 10;  the rest of the work he outsources.

2.  No aircon -  he uses Iwata fan with water;

3.  He buys and wears cheap clothes.

4. He is wary of splurging.

5.  LIves simply and no luxuries.

6.  He stays in the office which he owns, not rent, and 20 sm only

What is the lesson here?