MONEY TIPS TO LIVE BY IN 2020 - Marvin Germo

Do you want to Make Money and Grow Money?

YES, I want it!


By: Marvin Germo | December 16, 2019

A New Beginning

2019 has been great for most of us, if not for all. The end of this year means there are a new beginning and a new chance to restart your saving strategies. If you haven’t had the chance to save and invest in 2019, there is a new door to open for you. Do not lose hope. It’s better to be late than sorry. Plan your saving techniques as early as now so you could start the new year with hope and a positive mindset. For those who are hoping to find the light about this, here are a few money tips to live by in 2020.

Catch me in my live training events! (quick plug)

The heart of why I do these seminars is I want to build a generation of Filipinos with the right foundation in stock investing.  I want to bring smart investing to every Filipino around the world! If you would like to know more about how you could time the market check out the training below.

ICON Davao – November 30, 2019
Stock Smarts Manila – November 24, 25, December 8,9,15,2019
Stock Smarts Taiwan – February 15, 2020

Don’t Forget To Pack Your Lunch

I know you’ve been wanting to spend your money on an expensive lunch with your colleagues. And it’s just normal for young professionals like you. Who wouldn’t want to eat the best steak or chicken in the middle of the day? However, it is not practical to buy expensive meals every day. In 2020, do not forget to pack your breakfast, lunch, or dinner at work. This will help you save a large portion of your monthly salary. Although you might find it hard to do it at first, you will get used to it once you do it regularly.

Annualize Your Expenses

If you want to successfully budget your income, try to annualize your spending. It will help you see a bigger picture and will assist you to manage your money on a full-year basis. Just imagine spending 500 pesos a week for Starbucks coffee and pastries. That’s about 24,000 pesos a year if you try to sum it up. Annualizing your expenses will help you realize that a significant amount of your money is disappearing like a bubble when you could have put it in a more valuable portfolio. Do not let your money turn into stones.

Pay Off Your Debts

Start off your successful saving habits by paying off your debts before anything else. Paying off your debts first will eliminate the anxiety of having to pay it every month or every week. Once you are done paying your loans, that’s the time you will have more money to put in your savings account. In 2020, avoid borrowing loans to buy your wants. Do not fall into a trap of spending your money on the things that do not depreciate in time. Choose what’s best for your financial freedom and that’s saving more than what you spend.

I’m excited to share my 5th book overall and the 4th book in the Stock Smarts series, Stock Smarts: Breaking the Resistance – How to time your traders perfectly. The heart of this book is to teach you strategic ways on how to come in and buy and sell stocks in a way where you come as the market is headed up and come out as the market is headed down. The book is now out and exclusive via Marvin Germo Book Orders.
For more details and to order my other books: Marvin Germo Book Orders
Stock Smarts Book