Open discussion: What’s the easier to have more money?

Most people wanted to have more money to afford what they want in life.

Such as:

  • Buying their dream house
  • Child’s education
  • Appliances
  • Dream vacation
  • Retirement fund, etc.

After thinking for some time, there was a question that pops up in my mind which is:

What’s really the easier to have more money?

I’ve come to a conclusion that there are 2 ways in my opinion.

  1. Spend less to save more.
  2. Increase your source of income or create a new one.

Let’s discuss the first option which is by spending less.

When you want to spend less, you have to avoid the temptation of spending money buying unnecessary things.

Instead, you need to buy the things that you really need and add value to your life.

I know it is easy to be said than done that’s why I suggested you to watch this documentary about minimalism.

Minimalism: A Documentary About the Important Things

I’m hoping that this will help and influence you to spend less after watching this.

It is a documentary produced by two guys who were earning a huge salary and climbing the corporate ladder.

They chose to leave their high paying job to live a simpler life.

They are now living with less possession and only things that add value to their life.

They suggested people to focus on important things in life like families, friends, people and experience.

Instead of chasing money and fame to buy stuff, gadgets and luxurious things – they want you to find meaning in life, happiness and living with purpose.

By getting rid of accumulating stuff that don’t add value to your life and only give temporary happiness, you will also save more money, be more happy and content in life.

Now, let’s talk about the second option to have more money which is by increasing your source of income or create a new one.

For me, it is the much more difficult option and you have to spend a lot of time and effort to achieve.

There are many ways for you to do it.

Like rendering overtime in your work which is quite draining and get you tired.

You can also aim for promotion if you want to increase your income.

Get a second job such as an uber driver or do freelance work offering computer related task to clients.

You can also try to do buy-and-sell or sell stuff online.

Sell banana-q or halo-halo in your neighborhood. Sakto sa summer!

Lastly, you can build a business which I believe will take months or years to become a success and it’s the most challenging route to have another source of income.


In my opinion, I would have to choose the option 1 (spend less) to have more money.

It is an immediate action that you can take that has minimal effort from your side.

Unlike the 2nd option (increase income or create a new one) which has a lot of work to be done.

I’m saying that the last option is not necessary anymore. It is.

But you have to set your mind that it will take time and will be a long-term solution.

Ano sa tingin mo?

What’s the easier way to have more money?

Share your comment and insight for us to learn from each other.


To your financial success,

Marvin Basa


P.S. Do you have anything in mind on how to have more money? Let me know by sharing your comment below.

About The Author

Marvin Basa

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


  • Jo Santos

    Reply Reply April 5, 2017

    I’d like you to choose option 2.

    everybody deserves an abundant life.

    one shouldn’t settle for anything less than what he/she deserves.

    If one is in a wrong vehicle to live an abundant life. They should change it.

    All they have to do is

    Decide what they want
    Believe they can have it
    believe that they deserve it
    Believe it’s possible for them
    visualize having what they what and feel the feelings of already having it
    Be grateful for already having it

    • Marvin Basa

      Reply Reply April 18, 2017

      Thats a good point.

      I believe, you can also do both option. I will just have to immediately apply the option 1 because it is easier for me. Then, focus on generating more income.

      Thanks for your insights.


    Reply Reply April 7, 2017

    Minimalism is a great documentary. I would also suggest “I am” which somewhat similar to Minimalism but from the experience of a film director.

    I agree that spending less is something that anyone can start immediately. When I became vegetarian I was able to save a lot since fruits and veggies are not that expensive overseas considering all the benefits. It’s all worth it.

    Blogging is one way to add extra income while working a regular job. It would take time and hard work. As they say nothing worth doing comes easy.

    Hope my experience as an OFW blogger helps. 🙂

    • Marvin Basa

      Reply Reply April 18, 2017

      Thats nice to hear. As they say health is wealth.

      Thanks for dropping by. I like your blog because it has a very specific niche. Goodluck!

  • john

    Reply Reply April 8, 2017

    I had taken route # 1 by default. I am an OFW and like many Filipinos, was trained and was conditioned that a bright future can be had by being a good employee. I am not an exceptional employee, and so, i’m contented and happy receiving a slightly above average salary.
    I spend less, and i’m habitual saver. And for an employee who is receiving an average salary, the amount that i’m setting aside will not make me wealthy even if i have the habit of doing it for a very long time. I learned the hard way that the most important thing that you need to learn after you acquired the habit of saving is to invest. Investing is a vehicle that allows you to cover a very long distance for a shorter period of time.

    Wealth creation for a salaried worker is like a child. Your wealth is literally crawling while you keep on saving over a meager salary every month, and while you get the habit of it as you grow older, you notice increase in pace due to salary increases (only if you are still able to keep your simple lifestyle and the needs of a growing family do not eat up the increases). If you are contented, the cycle ends there, as you are able to fund decent education of your children, get a decent home and receive pension when you retire at 65. Your dream to retire earlier, changes the picture. You literally need a horse to help you work 24/7. I discovered my horse and that’s the stock market.

    I’ve been investing in the stock market for 10 years now. And good thing about it is that, while i’m not good at managing people or running business, the stocks/companies that i own does it for me. Plus i’m still keeping the job that i love. Now, i’m not worried – if tommorrow my boss tells me that my talent is no longer necessary, i’ll walk away with confidence that my family’s needs will still be met. Because someone’s already working for me.

    Saving needs discipline and investing in stock market needs patience and stomach to ride the ups and downs of the market. Time is the last essential element to all of these. The earlier you start, the better.

    • Marvin Basa

      Reply Reply April 18, 2017

      Wow, congrats John. What your strategy in stock market investing? Peso cost averaging? And what type of portfolio that you have?

      Keep saving and investing.

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