People have different priorities, with these priorities changing as the years pass. Many young, single people prioritize traveling and having fun over saving and investing their money for the future. A lot live the YOLO lifestyle – and there’s nothing wrong with that, of course. It’s their money, their choice on what to do with it.
As they grow older and get married, people prioritize their family’s needs. They build a house, buy a family car, and spend their money on their children. Many think of starting a business at this point to earn money and probably have more time with their family – and that’s sweet.
Everyone has his own inspiring story to tell but many have come to appreciate one young man’s story because although he was still single, he was already wise at spending his money to build his future.
On Facebook financial literacy group, PESO SENSE SAVERS GROUP, Jayson Sazon Jingco shared the inspiring story of his success even though he is still in his 20s. Of course, it did help that he is an OFW working in South Korea but it’s what he did with his money that earned him much respect from the Facebook community.
Instead of spending it on travel and fun, he invested his earnings and used it to help his siblings.
He graduated Bachelor of Science in Information Management (BSIM) in 2010 but now works in manufacturing.
“Sinubukan kong makipagsapalaran abroad at napunta ako dito sa South Korea last December 12, 2012, 22 years old to work into manufacturing field may dapat akong pagpilian sa dalawa may nagoffer din kasi sakin ng work sa field ko and I guess I made the right decision na nagpabago ng lahat,” Jayson shared with the group.
“Bago paman ako umalis puno na ng teachings mga parents ko sakin sa kung ano lahat ang mga pangarap nila samin at dapat hawakan ko ng maayos ang pera ko habang bata pa ako at di pa married.”
He listened to his parents, budgeting his money to make sure he only spends within his means. Inspired by financial advisor Chinkee Tan, he began to invest his money in apartments that are now earning him a passive income.
He also helped his siblings find work abroad, with his elder brother now in Canada and his two younger siblings also working in South Korea.
By age 27, he was able to save his first Php1 million! Isn’t that amazing?
But he didn’t stop there. He and his siblings bought parcels of land, adding to their apartment business and also building their own homes.
Now 28, Jayson has finished building his own home which he would soon shared with his would-be wife whom he would marry early next year when he turns 29.
We hear so many success stories of people becoming millionaires but Jayson’s story is even more inspiring because he was able to achieve this at a young age. Congratulations!