PYF, then Make It Grow

This series of blogs will talk to you about the importance of paying yourself first - the most powerful money management system I have ever known. Introduced to me in a seminar by a success coach last year, then tested and proven by the best selling personal finance authors I have come across in my self-education, this simple-yet-effective wealth management is the best thing that I've ever known about money and this can help me and you keep track of on the road to financial prosperity and freedom. And I wouldn't preach about this if I don't walk the talk.

If you got here by accident, I advise you go back to the introductory post about paying yourself first here so you could go along with the ride smoothly.

By far if you have been following this series of fortunate, and extremely basic, method to get your finances on the right track, just as you wanted, it might as well be very obvious as to what the last piece of the puzzle is going to be in this "pay yourself first" practice.


If you have gone through giving back and preparing for the unexpected, then this one right here can most likely be the key to unlocking the door to financial freedom. Of course, it takes a lot of discipline, patience, and faith to get it done.


Growing up as a kid, I always thought that money can simply be placed in what we call piggy banks, where you drop coins regularly or as needed to and make it act as your "savings account". Actually, that technique did not mean much to me for reasons I don't have to uncover.

As I matured up to the point when I finished college, I thought money can just come and go and while you have it, you ought to spend it, rather than lose it all (take it from someone who used to gamble and spend till the last centavo in college).


Then a seminar on money management, coupled with self-education on personal finance and trainings had me realize a number of things that have to be considered in relation to this post:

PYF, so in Case of...

This series of blogs will talk to you about the importance of paying yourself first - the most powerful money management system I have ever known. Introduced to me in a seminar by a success coach last year, then tested and proven by the best selling personal finance authors I have come across in my self-education, this simple-yet-effective wealth management is the best thing that I've ever known about money and this can help me and you keep track of on the road to financial prosperity and freedom. And I wouldn't preach about this if I don't walk the talk.

If you got here by accident, I advise you go back to the introductory post about paying yourself first here so you could go along with the ride smoothly.

After reading the previous post about your regular and faithful offering to Him, which is the most important aspect of paying yourself first, I'm sure you have finally realized how happy and healthy it is for you to actually give back a portion to the Provider of wealth.

Normally, the "pay yourself first" is a certain percentage of how much you have to set aside as savings and investments before you actually use what is left for spending and cost of living. How much you are going to set as savings is really up to you, but if you have to start changing your financial beliefs and creating a wealth mindset in preparing and securing your future, doing this faithfully can be a remedy to your worries.


One vital part of your wealth management system is having an emergency fund.

PYF, then Give Back to Him

This series of blogs will talk to you about the importance of paying yourself first - the most powerful money management system I have ever known. Introduced to me in a seminar by a success coach last year, then tested and proven by the best selling personal finance authors I have come across in my self-education, this simple-yet-effective wealth management is the best thing that I've ever known about money and this can help me and you keep track of on the road to financial prosperity and freedom. And I wouldn't preach about this if I don't walk the talk.

If you got here by accident, I advise you go back to the introductory post about paying yourself first here so you could go along with the ride smoothly.

To recap the concept of "pay yourself first", it is about prioritizing savings before expenses. It is about setting money for yourself before you actually start using it for daily expenses or paying debts. While paying yourself first is the wisest thing to do in achieving financial freedom, there comes a twist in this principle.

When I first learned about the first part of paying yourself first last year, I realized that I have not been doing it faithfully all my life. But as a regular attendee - and servant - of our weekly Catholic fellowship known as The Feast since January of this year, I have come to understand its value like no other. And I am here to make that known to you.

WARNING: Doing this faithfully will actually bless you a thousand - or even a million - times more!

What To Do With The Money First

I know I am so blessed right now financially when...

Well, there are a lot of factors.



And I don't think there is any reason why I should be mentioning my income streams because it's out of the topic.



But if there is just one thing that has allowed God's financial blessings to come to me so easily and frequently - particularly this past year when I have started earning to make a living and eventually a fortune - it would be the habit of setting a portion of my earnings/profits/salary/income (whatever you would call it), before I actually start spending them. And it is not just for buying a luxurious phone or a dream vacation. I have actually saved up for the good reasons, and it would be an opportunity to share to you how I have done it for over a year now, and how you, too, can follow the same system no regardless of the income you are earning on a monthly basis.

Mindset Over Training

Last Saturday was something I didn't expect to happen.

I kind of lacked sleep the whole day because of a party on top a mountain the night before, but I still had the guts to get up from my bed the next morning for work and for my postgraduate classes in the afternoon.