Kris Bernal’s fans received some words of wisdom from the actress’ mom Analyn when it comes to saving up for the future.
The actress, who recently got married to businessman Perry Choi, posted on her Instagram page yesterday, Nov. 30, a snippet of her recent YouTube vlog with her mom.
“For her birthday today, I wanted to showcase my mother on my YouTube channel, so I asked her what she had in mind. She wants to share her budgeting and financial advise because, YES, she’s an expert in that field,” Bernal explained.
She also shared trivia: turns out that her mom has been in charge of her finances since she first started working in showbiz, and continues to do so until today.
“Because? Gastadora ako!” she declared. (I’m extravagant.)
In the video, Bernal’s mom advised her to refrain from shopping.
“Bawasan mo na bumili ng (Avoid buying) designer bags, designer shoes, mga damit (clothes). Meron kang kinita (You earned). Ay, I deserve to buy a bag [you say next.]. That’s not a good attitude,” her mom said.
Her mom was also able to retire from work at 46 years old because she saved for her retirement. In Bernal’s vlog on Nov. 27, her mom shared more of these tips on how to manage money.
“First is delayed gratification. Hindi ka bili nang bili ng maliliit na bagay. Hindi ka bili nang bili ng bag, ng sapatos, ng damit, whatever,” her mom said.
(You do not keep on buying small things. You do not keep on buying a bag, shoes, clothes, whatever.)
“Keep your money. Save it and then ‘pag na-save mo iyon at malaki na, you can invest it sa properties na lumalago, hindi nagde-depreciate” she added.
(Keep your money. Save it and then after you do so and it’s already grown, you can invest it in properties that grow, not on those which depreciate.)
That’s what Bernal’s mom did when she was newly married. She was able to save one million at the age of 30 and was able to buy her house in cash.
Bernal’s mom stresses buying only things that a person needs, remaining liquid, and always going for simplicity. JB