How a janitor achieved financial freedom

How are you ka-WAIS?

 

Pasukan na naman ng mga estudyante at malamang dadami na naman ang traffic niyan.

In Metro Manila, when you reach your office in less than 30 minutes, it feels like heaven. 🙂

Fortunately, I’m one of those and I don’t need to cross Edsa to reach our office.

How about you? I hope you are living near to your work. If not, I wish you to find one someday.

Anyways, in 2014 I’ve attended a seminar about foreclosure.

That was the first time I played Cashflow 101 board game invented by Robert Kiyosaki.

Recently, he revealed the reason he published Rid Dad Poor Dad book was to promote this board game.

Well, that’s a win-win for him because the book became the no. 1 best-selling personal finance book and changed so many lives (including me). Likewise, the board game becomes popular as well.

The good thing with this game is you can simulate on how to escape the rat race (financial freedom) by managing your finances, investing and building business.

It will help you a lot before you apply it in real life.

So, after the game the one who won from the group was a Janitor. That’s the profession a guy picked when the organizer asked him to choose from the cards.

He was interviewed by the organizer and asked, “What did you do to win the game and escaped the rat race”?

He said, “My strategy is simple. I saved money for emergency fund to prepare for unexpected expenses like having a baby. When opportunity comes to invest in income-generating assets like stocks, I’ve started small and repeated the process.”

It may sounds unrealistic on how a poor Janitor achieved financial freedom.

In my opinion, even a low-income profession can do it even in real life.

Even though they earn low, their monthly expenses are low as well.

Of course, it may take many decades for them to achieve financial independence.

But if they want to fast-track, they must develop further their skills, talents and give more value to people.

They may work harder and smarter to become supervisor, manager or start their own agency.

Here are my key takeaways from this event to achieve financial independence:

  • Spend less of what you earn
  • Prepare emergency fund for the unexpected expenses in the future like unemployment
  • Invest in income-generating assets like stocks, real estate or business. Start small but think big

I hope you’ve learned something today.

 

To your financial success,

Marvin Basa

About The Author

Marvin Basa

Marvin Basa is a financial literacy advocate who helps Pinoys to have successful financial lives.

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