129: The True Cost of Relying On Others

In my early days of learning Personal Finance, I have always relied on others to grow my money.This is why I fell for scams, bought expensive but inadequate insurance, locked myself into a 15-year savings plan with risk of losing my money if I stop my contributions, discovered my advisor's dishonesty, and purchased a property without stable employment.Unfortunately, just like me in 2015, marami pa rin akong nakakausap who are not fully in control of their finances.They rely on their relatives, spouse, friend, financial advisor, real estate agents, and other professionals to make financial decisions and manage their money.Yan ang ita-tackle natin today as we discuss the True Cost of Relying On Others<br/><br/>What You'll Learn:Reasons why people rely on others to manage their financesMonetary & non-monetary costs of relying on othersHow to effectively work with others when it comes to your financesThe hidden benefits of being in control of your financesProverbs 27:23-24: "Be sure you know the condition of your flocks, give careful attention to your herds; for riches do not endure forever, and a crown is not secure for all generations."Join the EXCLUSIVE Pera & Purpose Community 👉🏽 here---<br/>👋🏻 Connect with Kuya Jay on social media. Ask questions, inquire for collabs, sponsorships, or schedule a quick coaching call here.