Same po dito sa US. Lifestyle inflation is real. Noon sa fastfood lang ako nagwowork, wala akong utang at may savings pa. Ngayong malaki na ang sahod ko, mas nabaon pa ako sa utang 🥲😅 Bili ng bagong kotse, bili ng brand new malaking bahay, mamahaling bag, etc. Ngayon, todo downgrade ang lifestyle. Tinrade in mga kotse sa luma pero reliable, nagbenta ng bahay at lumipat sa saktong size lang at nagbayad ng credit cards. Kayang kaya naman pala ang simpleng buhay 🙌🏻🙌🏻🙌🏻 Ngayon, invest nalang ng invest for the future😊
Salamat SA Panginoon at natuto Ka SA mga bad decision. Sandali Lang ang buhay prayers na nasa puso mo na si Lord as Savior of our sins and Lord of our lives. John 3:16-17, John 1:12, Romans 5:8, Ephesians 2:8-9, Revelation 3: 20
I become materialistic when I moved to Australia 13 years ago I shop almost every week online and in physical stores. I accumulated over 100 handbags few are luxury. but I’ve changed my spending habits when I turn 40 hindi naman pala talaga kailangan maraming bags. 😅😊
totoon Yan pag NASA 40 na parang ang bilis Ng araw at parang naghahabol Ka na lahat Ng gusto na parang nsa 40 na ako tapos wla pa ako masyado na nagawa SA life k, kailangan tlga na budget budget tipid at wag bibili Ng Hindi masyadong need
Time na baliin ang ganyang mentality at magsisimula sa atin na nsa abroad bigyan lang pag emergency hindi pangluho, mga puti din d2 sa USA kandahirap din sa pagtrtrabaho
Subscriber here from Las Vegas, US. Unfortunately yung financial literacy, most of the time afterthought na lang siya. Its something people turn to or seek after they hit the bottom. Kasi siguro dahil sensitive na topic ang pera, walang tao ang basta na lang lalapit satin at pangangaralan tayo about money. Kasi madalas sasabihin ng mga tao “pera namin ito, wag mo kami pakelaman!” O kaya naman “pera ko ito, bat ba mas marunong ka pa sakin?” Wala pa dun yung mindset para matuto, kumbaga hindi pa sila humbled or wala pa sila sa state na kung saan receptive sila matuto. Its when people get sick and tired of being sick and tired, yun yung turning point, pag gusto na talaga nila baguhin yung buhay nila. Pero when all is well, bihira lang yun nag ppay attention sa financial literacy. Other money traps na pwede ko i-add is: 1.) Brand new car 2.) Big house 3.) time share 4.) Lifestyle creep 5.) pay day loans
This is so true! May mga nakikita nga po ako sa ibang platforms na inaaway yung content creator sa ganitong topic dahil na trigger ang nanood. It's hard to wake people up na ayaw magising. :D Thank you so much po for your input!
Lahat nmn tayo nag struggle sa buhay. Ako dumating ng canada work permit holder. I save and invest. After 3 years na PR ako at now citizen nko. Almost 9 years na rin ako dito. I have my own car and own house. Dapat marunong ka mag hawak ng financial system mo at don’t buy things na unnecessary! Lahat ng tao may mga pagsubok sa buhay pero malalampasan. Kung nasa Pinas ako at sa loob probably ng 45 years ko sa Pinas kung sakali at ordinaryong manggagawa lang ako. Baka until now wala pa rin akong sariling sasakyan atnsariling bahay. Just saying thank you
My personal tip when starting a family abroad : 1. Don’t buy brand new cars 2. Don’t buy unnecessary things … appliances , luxury bags 3. Get a housing loan if kaya sa income ninyo , start at an early age 4. Get only one credit card 5.
@@homebased_pinay.. thebest advise is, when you migrate you should at least have savings on hand, that will assist you or your family for one to two years. When my husband and I migrated we had US$20k on hand in 1996 bought a brand new car, and In 3 years we bought a townhouse, put down payment of 20%. So far, we never had financial problems, we live a simple life. We both have jobs and were never spend beyond our means. The problem kasi ng mga pinoy, live life to the fullest agad pag tunton sa ibang bansa. In our time when we migrated 1996, mahirap na rin mag hanap ng work, Canada during those times were less populated and lesser opportunities due to lesser companies yet. We both worked in the major airline but the sudden turn of events of 9/11 we lost our jobs. Luckily, I have taken continuing education course and graduated and landed a job at a hospital with $20/hr.. We moved to the US later because of a much better opportunity for my husband.
Iam an ofw in Sg for 12 years, i dont have brand new fancy car, actually no car at all, bought only 2nd hand every wagon for my parents, no house, renting lang kame ngaun. But what i have are : 3 Commercial Space 1 Condo with rental 5 Agricultural Land I have credit cards like 12 but i used it to buy property and build my commercial space. Tips wag masyado papogi sa mga taong ayaw mo.
Many Filipinos I've met in Canada think a high credit score is a sign of wealth. I lived in Vancouver for a year and couldn't get credit card because I didn't have a job or credit history even though I've been using Visa for more than 15 years in Asia. The best b my bank could offer was a $1,000 GIC credit card. That was fine with me since I don't mind using cash. When I told my Filipino friends, they felt kinda sorry for me for not having a CC with a large credit limit, some even laughed at my situation. It was amusing to see their reactions because a credit card to me is just a means for payment, there's nothing special about it and in fact adds 3% to transactions (merchant fee that's passed on to the consumer). While I use a credit card to mainly pay for goods and services online, I've never looked up my credit score because I simply don't care. Yet people I meet in Canada make glowing remarks on achieving a 700 or 800 score which is amusing to me because what is it that I need to buy that's over $35,000? The most I spend on common goods and services like groceries, gadgets or movies cost less than $1,000. I don't need a high credit score to buy those and in fact I can easily use cash.
This is true. If you don't have any plan to get any type of loan, you are better off NOT using credit cards, thus no credit score. Especially that most people do not understand the impact of the interest and fees that a credit card incurs.
Credit score is gauge as your ability to pay your bills on time meaning the credit company rate you depending on how you handle your finances. Credit score is required specially if your goal is to buy a house or anything that you need to purchase that your cash is limited on hand. Now, having credit card(s) and you pay them on time, credit company grades you. So the more you spend be it credit card, water, cable, electric bills, rent all paid on time, the better your score is. I assume you are single, then in your case you are ok without credit cards, but once your family status changes, I think you will opt to get one.
@@matriksist I'm about to retire. My wife and I have never looked up our credit score. When we bought a residence in Hong Kong 13 years ago we had no issues getting a mortgage as we easily passed the stress test because of our income. We own six properties, five of which are fully paid while the mortgage on. our primary residence still has 12 years. That experience I had in Canada was amusing because I could only get a GIC credit card even though I bought my condo and car in cash. The bank I'm sure was aware of my ability to pay because I conducted my transactions through them and they know how much I have in my account. Now how silly is that.
Nasa paghawak din yan ng pera. Kahit saan ka pumunta, Pinas, America, Canada or kahit saan pang bansa. Nasabi ko yan based on experience. Sa Pinas nakaka-ipon kami kahit pareho lang kami employed. Ginamit ko ang ipon para makarating ng Canada, nandito kami ng pamilya ko for 9 years. Hindi kami nalubog sa utang kahit kailan. One year pa lang kami dito nakabili na ng simpleng bahay, 2nd hand na sasakyan. Hindi kami maluho kaya may ipon din. as I speak, I’m working on my license to operate a daycare here in Winnipeg.
nice content Ate Rowena, kaya ako after ko maka graduate ng college, hindi na ako nag hanap ng work, para makakatulog ako all day, walang banko na nag papautang sa akin kasi wala ako work for the last 8 years, kaya wala ako utang..
Of course mahirap talaga hindi lang sa Canada pati other countries🤣. Hahaha huwag kayong maging materialistic, you need to work hard and save first bago luho😁.
Mga advice ko sa mga kababayan natin na bago onpapunta pa lamang dito ay huwag masisilaw sa mga bilihin mamahalin. Hindi naman dapat bumili kaagad ng bahay puwede naman muna umupa sa murang bahay. Ok lang if second hand mga gamit sa bahay o kotse. Kailangan din mag upgrade kapag kaya na para makakuha ng good paying job. Matutong mag tipid at mag ipon.❤
At this point of time i will disagree with you sa umupa muna at wag muna bumili ng bahay. Mas mataas na ngayun ang weekly or monthly rental kesa sa monthly mortgage in my experience.
Ako po college drop out dito sa Canada pero pera na lang din po ang inaral ko. Madami po akong kilala na filipino dito na hirap sa buhay yung pay check to pay check kasi po gusto branded damit tsaka baka po sasakyan. Di po pwede sa kanila yun mga walmart na damit lang or lumang sasakyan parang marami po dito naghahanap ng attention. Ako po eh kung may kotse kahit luma basta umaandar ok na po yun sakin. Walang utang is better than may utang. Tsaka invest lang po ng invest malapit na po ulet mag bull run.
Dapat ganyan talaga mindset hindi puro show-off kasi sarili lang din natin ang papahirapan natin pag nabubuhay tayo sa kung ano ang tingin ng tao sa atin.
Wag kang umutang at wag kang mag apply ng credit card wag kang magpadala sa pinas şarap kaya ng buhay sa Canada 50 year na ako dito ngayon sa Winnipeg pls umuwi na lang kayo kung ganyan kayo oo work ka talaga for your future be smart and spend your money wisely
Wow kana 50 yrs na dito? Ano pang ginagawa mo dito ? Mas maganda sa pinas mag retire kasi affordable lahat ,alam naman natin kung saan tayo ilalagay pag matanda na po tayo dito sa canada,eenjoy nalang natin ang buhay 😊
Good for you Kabayan paano iyan NASA puso mo na BA si Jesus Christ as Savior of our sins and Lord of our lives? John 3:16-17, John 1: 12, Romans 5:8, Ephesians 2:8-9 and Revelation 3:20
@@ontheflycooking6262nahawaan Ng Western SA pagka selfish sad to say sabagay pinaghirapan niya iyan pero ang resources ay ibinabahagi Kasi ipinagkatiwala ni Lord ang pera at subukan Tayo if good stewards 🙏♥️🇵🇭💯
Be frugal. Save your money through automatic withdrawal from your monthly pay check. Simple living a best. Canada like the US has infrastructures that are standardized. Expect hot and cold water as you take a shower. Garbage pick up once a week. Street cleaned twice a month. Wi-Fi access where ever you go in cities, etc. Wide streets, consistent sidewalks. Sadly, housing is a problem. We are fortunate to get a mortgages and the market value or homes go up.
Ganito rin ang buhay sa US.Trabaho ng trabaho,Kaya di puwedeng tamad dito you have to work hard.At mamuhay ng simpleng buhay,walang utang lalo na ang credit card.Nagbibigay lang iyan ng sakit ng ulo. Unahin ang ipon kaysa sa paggastos ng pera...iwasan ang mga luho.
kahit saan ka (di lang sa Canada) me bills. live within your means. di kailangan makipag paligsahan w the “Joneses”. housing (mortgage/rent) should just be 1/4 of your salary . don’t buy just because it is on sale.
USA or Canada pareho lang. Kung ikaw ay professional (degree holder) or highly skilled certified sa US or Canada educational system ay makapag trabaho ka ng high income job at kaya makasali ka sa American Dream, yong mga main stream citizens na ang total expenses nila ay 1/3 lang sa net income nila. Kaya sobra palagi ang income mo at kung i invest mo sa stocks or ibang program sa banko ay payaman ng payaman ka habang tumatakbo ang panahon. Kung ikaw naman ay blue collar worker lang kahit sa palagay mo malaki yong sahod mo 30 dollars per hour eh wala ka pa rin maipon dahil doon lang sa upa or mortage ng bahay at mga bills patungo ang kita mo. Ang konswelo mo lang dahil may Social Security ka kung mahaba buhay mo makapag retire ka may pension ka na sapat dalhin sa Pilipinas. At kung ang employer mo mag offer ng mga 401K retirement ay sumali ka rin. Pag may 2 libo dolar ka sa SSS at another 2 libo dollar sa company retirement ay sapat na yan sa maginhawang pagtanda sa Pilipinas, kung aabot ka naman.
Kahit dito sa manila Diyos ko po 2 ung credit card 30k per months d kasya sa isang buwan.. gatas pa ng baby , bahay sa pag ibig, tubig, meralco, internet, insurance.. wlang natira sa sahud tapos 12hrs duty pati weekends duty pa.. hayy paano nlang
Paano siguro walang control sa sarili,know your limits!Kasi sa Canada maski walang collateral ay pauutangin ka ng bangko pero iyung limitado,ayun sa kakayahan ang alam ko!
do not invest your money im Canada . If you have extra savings buy properties back in your hometown in the Philipppines maski maliit lang ang land area or condo unit para pag retire mayroon kang passive income aside from your pension
mag invest ng pwede e negosyo sa pinas....mag ipon..matutong mag tipid...kung hindi kilangan wag bilhin..khit dto sa germany hindi pwedeng gasto lng ng gastos...nurse din po ako sa germany pro hindi ako gala ng gala...kumuha ako ng condo unit sa pinas para after ko mabayaran papa upahan ko...pinag iiponan ko na rin pampagawa ng bahay...para pag mag for good ako sa pinas papagawa na ako ng bahay...di din ako nag cc para iwas bayarin...sakit sa ulo pag nabaon sa utang
"Saludo kami sa pagiging bukas at tapat mo, Rowena Balaba! 💪💙 Ang iyong vlog ay nagbibigay ng mahalagang aral tungkol sa pagpapahalaga sa bawat dolyar sa Canada. Napakahalaga ang iyong payo tungkol sa tamang pag-handle ng finances para maiwasan ang pagbabayad ng malaking utang. Maraming salamat sa pagbahagi ng iyong kwento at aral. Looking forward to more insights and experiences on your channel! 🇨🇦💰 #BuhayCanada #FinancialWisdom #RowenaBalaba"
Madami din akong credit line sa banko but I don’t even bother to use it. It will eat up your salary and madudurog ka din sa interest kahit na ba mababa lang ung monthly amortization nya kasi spread out in longer years
Share ko lng parang ung pinsan ko matagal sa abroad napatungo sya sa nkita sa aming Bahay within 2 years napagawa Namin pero situation Namin wala Po abroad sa Amin sariling sikap my konting business..pero ung pinsan magigiba na ung Bahay di parin maipagawa dahil laspag ang pinadadalhan ...lesson learned
Isa lng goal ng mga nangangarap pumunta dito. Maging PR at madala family. Iba ibang swerte meron ang tao. Medyo situational din ngayon dahil may mga gyera at buong mundo ay affected ng global recession. Canada kc mabilis maging resident compare sa other 1st world country.
Naoverwhelm kasi mga Pinoy kasi wala namang concept ng credit scoring sa Pinas. Plus may negative culture pa ang Pinoy na uutang tapos tatakbo. Eh sa Canada, it will destroy your credit score. Na crucial for housing and auto loans.
credit is not money owned. It's a lie to say "pasture is not greener" in Canada. you cannot compare Canada & Philippines. You just have to be wise with your earnings (kinda applies to both countries). Buy what you need, not what you want....reward yourself from time to time.
Thank you for the good tips . Is it possible if you can please speak a little slower. I’m sorry , I’m not criticizing you but it’s hard to understand . Take care ❤
1st. Sino ba kasi ng sabi na yayaman ka pg dating muh dito sa canada to be come rich you need proper set of mind set at business being employee you will not become rich, 2nd. Bakit ka uutang kung wala kang pambayad you know your limitation and dont invest sa mga liabilities invest sa mga asset like small business etc.. 3rd. Bakit ka ggastos na mas malaki sa income muh edi negative prin kyo at the end of the day.
I feel like “hawak mo ang oras mo” is a myth with regards to Entrepreneurship kasi mas long pa po ang hours ng business owner kesa employees and nakadepende ka sa market hindi din pwedeng arbitrary. Kung kelan dagsa ang tao dun ka magbebenta so hindi siya nakadepende sa iyo but sa market demand.
Monthly Expenses that MUST be paid: Rent or Mortgage, Gasoline (at least 4x a month), Car payment, food, health insurance, car insurance, home insurance, once-a-year property tax, utilities (electric, gas, water, internet)... Louis Vuitton (if you're lucky kung may natira pa sa pera mo! LOL)
Kahit saang bansa. Hindi lang ang canada. Ganyan naman talaga sa abroad. Kailangan talagang kumayod at mag trabaho. Wala namang instant success sa buhay kahit anong bansa pa yan. Kailangan talaga ng tyaga, sipag o hardwork. Bakit nyo bini-blame and sinisiraan ang bansang canada. Pambihira naman kayo o.
Kabaligtaran po yata ang sinasabi ninyo. Ang naninira ay nagsisinungaling sa kung ano ang totoong buhay dito. Hindi po paninira ang nag eeducate sa mga bago or papunta pa lang dito para magkaroon ng strategy para hindi mabaon sa utang.
Lalo d2 sa middle east pagfulltime live out .kya aq pblik blik suot ko khit sa umpisa palang inisip ko tlga ..kc paghnd mo alam ang costbof living wlang mtira sa sahod mo
nako wag nyu discourage mga kababayan. sipag at tyaga lang 1 yr easy life na kahit hindi college grad. gow na lipad na kayo dito sa Canada madali lng mabuhay dito.
Lifestyle din kasi yan madami kasing Filipino sa Canada hindi naman lahat feeling bida bida rich kid. Porma porma pero ang ending poor sa ipon.mas masarap nlang maging low key at simple lang makakabayad nang utang nang naayon sa sinusweldo hehehe #realtalk
GIRL, CGURO MASYADO KANG MAGARBO. RETIRED NA AKO. BEEN HERE FOR 38 YEARS. D AKO KAGAYA MO..DEPENDE ANG LIFESTYLE MO. DON'T LET OTHERS LYK U.. IT'S UP TO D PERSON.
Maganda kasi ikaw na mismo na babae ay hindi maluho or magastos kasi karaniwan naman sa marriages, babae ang magastos and mareklamo pag hindi nasusunod ang luho or capriccio ng shopping. Ung wife ko is OFW from Oman and nadala nya yang demanding attitude.
Nung mamatay ang nanay ko umuwi ang Kuya ko. 10 days lang sya umuwi after mailibing bumalik na ng Canada. Sabi ko bakit kailangan syang bumalik agad. Ang sagot nya, bills, bills, bills.
Sabi mo, "Kailangan pala ay work and work and work pagdating dito sa Canada". Eh natural, ano ba ang expectation mo, pagdating mo diyan, aambon ng pera? Syempre kakayod ka para mabuhay. Yan ang mali sa inyong maluluho, akala nyo nangibang bansa lang feeling mayaman na. Gastos dito gastos doon. Eh di syempre magiging broke ka nga. Kaya huwag kayong mayabang.
Hindi nyo yata naintindihan ang idea ng video. Wag kayong basta nag conclude dahil hindi mo alam ang mga sinasabi mo. Kami na tuloy ang mayabang. Bago po kayo mag comment, isipin nyo muna kung nag aalign ba ang comment nyo sa paksa ng video. Nasa Pinas kaba ngayon? Kung hindi nyo pa naranasan tumira sa Canada, wag po kayong mag conclude ng walang basehan.
Yung mindset po ninyo na "kala mo nangibang bansa lang feeling mayaman na" ang classic mindset ng mababaw ang pananaw, yung literal na kung ano yung nakita yun lang din ang pagkaintindi. Classic pinoy trait talaga.
yung sinesermonan mo ngayon ay isang individual na natuto na sa past self niya. ang concept ng video na 'to ay para matuto ang mga kapwa natin na nais pumunta ng Canada kasi for sure yung naging mindset nila Ma'am Rowena ay mindset ng mga bagong dating sa Canada na walang kaalam-alam. Instead of being thankful na nagbigay siya ng babala sa mga pupunta, binash bigla HAHAHAHA. anong utak yan
Team Australia din ako! Yung mga 6 streams and multiple income sa U.S hindi pa fully paid bahay nila sigurado ako hahaha. Hindi na din nila mababayaran yun hahahah
Melbourne here 🇦🇺. Student visa holder ako at kahit nabalik na working hours limit namin na 48 hours a fortnight, nakakabili padin naman ng luho minsan at nakakasave pdin. haha. The best AU
ako 15 years na sa canada hanggang ngayon hindi pa ako nakakabawi sa mga bininta kong bahay at sasakyan sa pinas lalo akong naghirap dito sa canada at naging homeless useless lang mga pinaghirapan ko ang naging kapalit na pagiging canadian citizenship sa canada ay homeless laking pagsisisi ko kung bakit pumunta ako ng canada at napariwala heto ako ngayon pagala gala na lang kung saan saan natutulog at nag iisa miss ko na ang pilipinas
@@marsfab3979 walang tumutulong kundi kung sino lang magbigay minsan po ay wala kayat sa basura lang kami umaasa para pandagdag sa araw araw mas suerte kayo sa pinas nakakain pa rin .dito hii tumotubo ng mga kangkong dito sa canada kayat tiis tiis lang kmi
You should live below your means first and foremost! You guys are NOT the Trumps or the Windsors … we all like nice things in life but work for it… I remembered I worked day and night in the past … like 12 hour days … and still working but not those many hours anymore .. I save about at least $400 a month or more .. my goal is at least. grand… I have a lot of nice things ( all designers.. I was able to buy a lot of antique furniture and arts in the past from circa 1635 and up! A kababayan from New York 🇺🇸
Mindset yeeeees para mag trabaho yun lang yun ate Nebeyen! ikaw lang naman nag iisip na yayaman ka sa canada e kame HINDE enough na yung may work kame maka bayad ng mga bills may trabahong permanent okay na yun.
@@homebased_pinaywhat NEW Information? All you’ve provided is merely a rehash of best practices on how to succeed in life regardless of where you live.
Just because you already know how to cook rice does not mean that the young person beside you automatically knows how to cook rice as well. You know what I mean? 😉 What I said about fixed mindset really manifests in your response. I'm just saying. Happy New Year to you!
Well obviously living up like the JONESES w upon arrival thru LOANS & PLASTIC money aka CREDIT CARD would lead to broke life nobody has to advice about expenses it's COMMON SENSE 😢
ma'am ask ko lang nag oofer kasi yung agent sa agency ng asawa ko sa canada ng life insurance aside doon sa insurance sa company satingin niyo ma'am necessary yun na kumuha thanks po sana mapansin kasi inaalok ang asawa ko
Hello po! I think similar po yan sa kinuha din ng asawa ko nung bagong dating sya, if tama ako. Life insurance na inalok ng kakilala nya. Depende po kung kukunin nya pero optional napo yun.
2023 Celebarting Our 16th Canada Immigrant Anniversay:To Our LORD🙏🏼 & Canada🇨🇦. We say THANK YOU 1. Family ❤️ Travel to 33 Countries🌍. 2.Daughter & Son in University ofToronto. 3.Work from Home for the Past 7 years. 4.Business travel to 18 States 🇺🇸 & 3 provinces 🇨🇦 . 5.Universal Health Care.
sa una talagang mababaon ka sa utang kasi kailangan mong bilhin lahat ng mga kailangan mo ganyan kami noon madami kaming credit card at laging minimum lang bayad namin pero sa unti unti nabayaran naming lahay ang utang namin ngayon retired na kami may credit card pa rin pero binabayaran ka da buwan ng full
if history repeats itself... spanish flu pandemic 1918 followed by 1929 great depression... then... patikim pa lang itong recession. you can google if smart people are expecting a great depression by 2030.
meanwhile, libre ang needles sa downtown east side ng vancouver. medical professional pa ang tuturok ng recreational drugs mo. maski vancouver may parang sariling version na ng kensington ave (homeless na mga zombie). nakakalungkot talaga.
@balabafam ... I'm talking about lifestyle...not balanced people needs to work not just single full-time job... you can't survive with one single job. Working full-time 40hours per week is just enough to get by...
@@reylauresta3836 kasi naman yun mga pinoy na nag migrate walang dalang pera that can sustain them for at least 1 to 2 yrs. they thought they can land a job in an instant or the government will assist them, it is too good to be true if that is the case. My first job in Canada in 1996 I got it after 2 months of landing. the first thing I did, learn and took my driving test and passed first try. Then I started looking for jobs which I evidently lucky to get. Being mobile has a good advantage..I worked sa Family services and on the side ,I do volunteering sa mga non-profit organizations which I included in my resume. Dun sa workplace ko ang daming mga grievance calls na re-receive ko sa phone from different nationalities asking for financial help because their savings drained out few months after they arrive. Kawawa lalo na mi mga anak. The sad thing our counsellors would advice is for them to "go back to your country, sell more properties and come back to Canada if they wish"...tuwing naririnig ko yon advice na aawa ako sa kanila. Imagine in 1996 ganyan na ang situation, what more now and after pandemic.
