iRock

Asset vs Liability

Son: Dad, may I speak with you?
Dad: Go ahead.
Son: Among all my classmates, I am the only one without a car. It is embarrassing.
Dad: What do you want me to do?
Son: I need a car. I don't want to feel odd.
Dad: Do you have a particular car in mind?
Son: Yes dad (smiling)
Dad: How much?
Son: 200,000 pesos
Dad: I will give you the money on one condition.
Son: What is the condition?
Dad: You will not use the money to buy a car but invest it. If you make enough profit from the investment, you can go ahead and buy the car.
Son: Deal.

Then, the father gave him a cheque of 200,000 pesos. The son cashed the cheque and invested it in obedience to the verbal agreement that he had with his father.

Some months later, the father asked the son how he was faring. The son responded that his business was improving. The father left him.

After some months again, the father asked him about his business
again and the son told him that he is making a lot of profit from the business.

When it was exactly a year after he gave him the money, the father asked him to show him how far the business has gone. The son readily agreed and the following discussion took place:

Dad: From this I can see that you have made a lot of money.
Son: Yes dad.
Dad: Do you still remember our agreement?
Son: Yes
Dad: What is it?
Son: We agreed that I should invest the money and buy the car from the profit.
Dad: Why have you not bought the car?
Son: I don't need the car again. I want to invest more.
Dad: Good. You have learnt the lessons that I wanted to teach you.
- You didn't really need the car, you just wanted to feel among. That would have placed extra financial obligations on you. It wasn't an asset then; but a liability.
- Two, it is very important for you to invest in your future before living like a king.
Son: Thanks dad.

Then the father gave him the keys of the latest model of that car.

MORALS:
1. Always invest first before you start living the way you want.

2. What you see as a need now may become a want if you can take a little time to get over your feelings.

3. Try to be able to distinguish between an asset and a liability so that what you see as an asset today will not become a liability to you tomorrow.

CTTO

𝟰 𝗥𝗲𝗮𝘀𝗼𝗻𝘀 𝗪𝗵𝘆 𝗜𝘁’𝘀 𝗕𝗲𝘁𝘁𝗲𝗿 𝘁𝗼 𝗕𝘂𝘆 𝗮 𝗛𝗼𝗺𝗲 𝗧𝗵𝗮𝗻 𝗮 𝗖𝗮𝗿

Pwede naman pagsabayin ang 2021 Fortuner at isang property. Pero pag isa lang ang kaya, choose the latter.

Need more convincing? Here are four reasons why it’s smarter to buy a home than a car:

1.) 𝗜𝘁 𝗴𝗲𝗻𝗲𝗿𝗮𝘁𝗲𝘀 𝗶𝗻𝗰𝗼𝗺𝗲 - you can earn from your unit without having to leave your day job. This is what “money works for you” means. Remember, landlords are the true kings.

2.) 𝗜𝘁’𝘀 𝘁𝗵𝗲 𝘄𝗶𝘀𝗲𝗿 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 - a home found in a prime location can have an appreciating value over time. If you purchased a house or a condo unit in an accessible location, chances are, you’ll be able to earn from it should you decide to sell it in the future.

3.) 𝗜𝘁 𝗴𝗶𝘃𝗲𝘀 𝗶𝗻𝗻𝗲𝗿 𝗽𝗲𝗮𝗰𝗲 𝗹𝗶𝗸𝗲 𝗻𝗼 𝗼𝘁𝗵𝗲𝗿 - more than giving you peace of mind, having your own home provides a feeling of accomplishment, an achievement like no other.

4.) 𝗜𝘁 𝗰𝗮𝗻 𝗯𝗲 𝗽𝗮𝘀𝘀𝗲𝗱 𝗼𝗻 𝗮𝘀 𝗮𝗻 𝗶𝗻𝗵𝗲𝗿𝗶𝘁𝗮𝗻𝗰𝗲 𝘁𝗼 𝘆𝗼𝘂𝗿 𝗸𝗶𝗱𝘀 - buying a house or a condo unit gives you the chance to gift it to your future children or even grandchildren.

LESSANDRA PHASE 7
Barangay Habay, Bacoor Cavite
Reana-Inner Unit
Hurry up......................

3 units available
Fully Furnished

Lot Area :36 sqm.
Floor Area : 40sqm.

2 bedrooms
1 living room(floor with tiles)
1 toilet and bath(fully tiles whole )
2 kitchen(Granite Tiles)
1 laundry area
with terrace
Windows(with grills and screen)
Front Door (with Screen door)

Clean Title
2.8M negotiable
CASH or Bank Financing

For more information
Feel free to ask
Message me @gmail.com
CP #09673158862/09177704819
REB # 0022509

🏙For Rent: 1 BR Condo with balcony at FERN RESIDENCES Towe 5

✅Unit Details:
26.4 SQ with Balcony | 28nd floor Tower 5(new)

✅Location: Nueva Vizcaya St., cor. Misamis St., Quezon City (besides SM North EDSA)

✅Monthly Rent Short term
✔Php 20,000.00 exclusive of
Monthly dues

✅For long term Lease (1year
Onwards)
🔺️Php 15,000.00 exclusive of
Monthly dues

✅Unit comes with the following:
✔ 1 Split Type AC (1.5HP)
✔Bed
✔Refrigerator
For long term lease lessor
Willing to put up induction
Cooker with exhaust

✅Terms:
2 months deposit, 1 month advance, 11 PDC

✅Max Capacity: 4 pax

✅Shared Amenities:
Clubhouse,Adult pools, Kiddie pools, Lobby, Lounge, Function room, Fitness gym, Children's play area, Jogging path, Basketball court, Badminton court

Brokers are welcome! Just message me

Rebl 0022509

Urgent sale
For just Php 950,000.00net
12,767 square meters
Located at Ordovilla Victoria, Oriental Mindoro

Fully loaded with fruit bearing trees
-rambutan
-lanzones mostly duco
-calamansi
-coconut

2 kms from town proper
With road right of way
100 meters from barangay road
Elevated area (flood free)
With water(deep well) and electricity line

Message me if you are interested
@ [email protected] or txt/call 09177704819

Rebl 0022509

Lot for sale
@ leido Victoria Oriental Mindoro
300 sqm
1000 per square meter-negotiable

🛣100 meters away from national highway
🏰500 meters away from Aurelio Arago National High School
⛪350 meters from Barangay Chapel and Barangay hall
🏡peaceful place for residential
Fully fenced

Message me @ iRockCorp090317@gmail..com
Cp #09177704819

Rebl 0022509

Residential Lot for sale
Located at Leido Victoria Oriental Mindoro

Area: 300 sqm
Price: Php 1,500.00/per sqm negotiable

Landmarks:
🛣150 meters from National Highway
⏹200 meters from Aurelio Arago National Highway
🏡residential and commercial areas(Apartment)
⛪7 mins ride from Good Shepherd Parish
🏙5 mins from town proper

Pm me for inquiries

REBL # 0022509

Condo Unit for Sale
Peninsula Garden Midtown Homes Paco Manila

Floor area: 37 sqm
2 bedrooms
With balcony

Clean title
All appliances included

With all amenities
Reception area
24/7 Security Guard

Pm me for more information

Rebl 0022509

Condo Unit For Sale
@ The Midland Plaza
Adriatico St. Malate Metro Manila
Beside Robinsons Manila

Floor area: 37 sqm
✅studio type with balcony
✅all appliances included
🔹️refrigerator
🔹️gas range
🔹️electric stove
🔹️all kitchen utensils
🔹️aircon
🔹️tv
🔹️2 beds
🔹️sofa
🔹️etc.....
✅2 built-in closet

Pm for more details

Rebl 0022509

Residential Lot For Sale

Location:Papandungin Gloria Oriental Mindoro

Lot Area: 900 sqm
Price: PHP 500,000.00

⏹Along barangay road concrete
⛪300 meters from catholic church
⏹600 meters from Elementary School
🛣2kms from National Highway
🏠🏡 good for residential/commercial establishment
🗺clean title

Pm me for details

Rebl 0022509