Do you want to Make Money and Grow Money?

YES, I want it!


By: Marvin Germo | July 6, 2019

Why You Should Save

For some people, saving is just an option that is at the bottom of the list. I couldn’t blame them, we all grew up in a society where bills and other expenses should be covered up first before putting money in a bank account. But, if you’re in your 20s now, you should be able to think about your future if you don’t save. Some instances that you could experience if you don’t save include not being able to retire early and no emergency funds at all. Imagine falling in line in banks just to avail loans because something came up at home and you need money for hospitalization. If you save as early as now, you can avoid all these hassles when you grow older. So, here’s the saving habits you need to have in your 20s.

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 trainings below.

Stock Smarts Iloilo – July 6 & 7, 2019
Stock Smarts Cagayan De Oro – July 20 & 21, 2019
Stock Smarts Hong Kong – August 11, 2019

ICON Iloilo – August 17, 2019
Stock Smarts UAE – August 30 – September 3, 2019
Stock Smarts Qatar —  October 3 – 6, 2019
Stock Smarts Taiwan – November 2, 2019

Do Not Spend All Your Income

If you’re in your 20s right now, do not spend all the money you get from working. It doesn’t matter how much your income is. As early as today, you should make it a habit to just spend a portion of your income, say 20-30% to pay your monthly bills and other expenses that need to be settled. Make sure that you still have money left in your bank account or wallet that is not meant for spending. Do not aim to exhaust all the money you have thinking that you can still get your salary by next cut off. It’s a wrong mindset. Instead, think of your incoming salary as another opportunity to increase your savings and investment.

Save Or Invest Regularly

Saving should not be an option but rather something mandatory, just like paying off your loans or bills. One of the habits you need to get used to is saving or investing regularly. If you cannot guarantee that you won’t spend the money left in your pockets, put it in an investment account where it can grow bigger. Open an account with COL Financial or Metro Sec if you want to invest in stocks. You can also choose to open an investment-like insurance account so you would have to pay for the premium monthly. Regularly means doing it continuously, without getting backlogs. Setting a percentage, say 10-15% of your income to put in saving or investing account helps. Invest or save regularly as early as now!

Avoid Unnecessary Expenses

I know millennials are fond of traveling and buying the latest gadgets not to show off but to experience the latest trends today. While it’s not that bad to do all of those things, you should keep in mind that these are all unnecessary expenses which can hurt your budget. Want to know why you are experiencing “petsa de peligro” every single time? That’s because you spend your money on things that you won’t be needing in the coming days. Spend on the stuff that you need and set aside your wants. The time for your travel will come if you save and invest early.

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