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How do I become rich by the time I'm 20-25?

seanmargauxrunas · 7 · 1883

seanmargauxrunas

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Hi! I am a 13 year old girl, curious on how to get rich by the time I'm 20-25. I know I started a little too late but whatever I want to know how so hindi na mapapagod parents ko kakatrabaho. ;))) So yeah, any ideas?
« Last Edit: Mar 11, 2016, 07:36 PM by seanmargauxrunas »


george88

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Reply #1 on: Oct 29, 2014, 04:04 PM
Ano ba work ot business ng parents mo? Magkano baon mo per day?


ardytenorio

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Reply #2 on: Oct 29, 2014, 09:02 PM
Ms sean first of all i salute you, at your age pagyaman na naiisip mo.

Maraming ways at factors na pwedeng makatulong sa pagyaman. Pero di ibig sabihin sure na yayaman ka.
Isa na rito ang "utak". Dapat matutunan mo kung paano humawak ng pera, kung paano magpatakbo ng business etc.
Magbasa-basa ka dito sa PMT, Marami kang matututunan na magagamit mo sa future.

"enjoy life"


TulogSaPancitan

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Reply #3 on: Oct 30, 2014, 02:27 AM
Marry a rich man.  :D
Kidding aside, choose a career path na magamit mo on your way to better financial future. Will not make you rich straightaway but that is a good start.  :cool2:


seanmargauxrunas

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Reply #4 on: Oct 30, 2014, 12:00 PM
.
« Last Edit: Mar 11, 2016, 07:37 PM by seanmargauxrunas »


TSO

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Reply #5 on: Oct 30, 2014, 12:17 PM
My dad works as a supervisor in princess cruises (seaman), and my mom used to have a copra business kaso bumalik kami sa Parañaque kaya di nya na asikaso yung business tapos pinabantay sa tita ko. Then, yung tita ko let's say, di siya gaano karunong magbudget ng money so binigay niya sa tito ko. Now, inaasikaso niya pagpunta namin sa Australia. :) I usually get P50-100.00 a day pero depende kung may dala akong lunch sa school.

Helping out with that copra business will be a good start. Ask for a fair salary, and since you usually get P50 to P100 a day, just take out P150 from whatever you'll get and save the rest in a bank account. When the account is at least P30K, dump 40% in a bond fund for stability and invest 40% in blue chip stocks for some growth and inflation-protection (ask us value investors in the Stock and Stock Trading subforum for help!), and keep the remainder for emergencies, all while you keep saving up and putting your money to work. As you get older you can start shifting around that 40-40-20 allocation.

13 years old is still very young, imo.

« Last Edit: Oct 30, 2014, 12:20 PM by TSO »


OMG.27

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Reply #6 on: Oct 30, 2014, 01:38 PM
Hi! I am a 13 year old girl, curious on how to get rich by the time I'm 20-25. I know I started a little too late but whatever I want to know how so hindi na mapapagod parents ko kakatrabaho. ;))) So yeah, any ideas?


work is always a part of the human life... 13 years old is too young enough but a good start to making things happen especially on becoming rich. I suggest you to read the book which title is THE RICHEST MAN IN BABYLON.  All context of that book is the foundation of earning and keeping money. After you finished reading that book, get back in here and lets discuss....



 


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