Migs and Alaine

Chronicles of a Happy Married Life

From employee to employer in 3 years

A lot of you already know that Miguel had been sick for a year.  Having a sick person at home can hurt you both emotionally and financially. We are very traditional when it comes to saving money. We save money thru our bank accounts. Though we have considered investing , we still haven’t decided yet the best investment for us. We tried real estate but I would say that  it’s not really an investment (unless you bought your house in cash) if “passive income” is what you are looking for. Especially when emergency arises.

I have had a good number of signature bags and shoes  that I had to sell online just so we can have enough funds while Migs was still recovering. It was the best choice to make instead of spending whatever money we have saved in the past. We both regret not listening to financial advisors who were very much willing to help us with our finances. We have made bad decisions and would like to be more secure of our future.

I have read so many financial books and all of them are very inspiring but took me hours/days to finish reading. When I received a copy of Don Soriano‘s Break free, I was excited to flip through the pages. The guaranteed 1 hour of reading triggered my curiosity. But it’s true! I read the book in 56 minutes. It’s just like spending a lunch break or your idle time learning.

What I love about the book is that it didn’t use jargon or words that might be difficult for someone who’s financially illiterate to understand. When I say illiterate, I don’t mean anything wrong with that – I just meant people who are clueless on where to put their hard-earned money, okay?

Majority of Filipinos can relate to Don Soriano’s story. He’s just like almost everyone of us. Normal person who earned a college degree (well except he is a CPA board top notcher) who entered the corporate world then shifted to putting up a business, buying things that he doesn’t need and ended up being broke.

I don’t want to tell you every single detail about him because I don’t want you to rely on this post alone and not read his book. LOL!

Grab a copy while you can. Find out how he managed to overcome his financial struggles. You may also reach out to him via his official Facebook Page.

I tell you, I have attended several seminars with different business owners, CEOs, etc and the seminars do not come cheap so, if you get the chance to learn a lot of things about finances just buy buying a book and spending just an hour to study it… You are saving lots of money! I am not saying that seminars are bad. I have built a network of career and business minded individuals from the seminars that I have attended, but if you are skeptical in spending money for a whole day of seminar – Don Soriano’s book may be a good start.

I can give this copy to one of our readers (that might just be you). Just let me know why you want to receive it by leaving a comment below. In case I won’t be able to pick you, you can read a chapter of this book for free, just click this link.

25 Comments

  1. I also have a copy of that book which I am about to read supposedly last weekend. I know it’s a short read lang, but you know, as a mother and wife, I got swamped with other tasks. Huhubels! I must read this book na. I find it so interesting and I love books that discuss how someone can prosper when it comes to handling of finances.

  2. Hi Migs and Alaine. The book sounds really helpful. My husband is still trying to find ways how we can shift from being employees to full-time business owners. We already have 1 business but the income we get is not enough for him to finally retire. I am positive this book will help us make the transition. Hoping to get a copy of this book.

  3. I would love to win a free copy of that book! I have read the chapter you have included and I’d like to read the rest of it. I have a feeling the author’s insights could help my family as my husband and I try to restructure our finances. Thanks for sharing! 🙂

  4. Now I’m intrigued with it, I shouldn’t have read the first chapter. Hehe! I want to win the book! I think this would help me to handle our finances better than how we’re doing it now. Hehe! And to let my husband read it as well. He’s the one matigas ang ulo eh hehe ;p

  5. I really loved that book. It made me realize that money is not everything but it is one of the main reason why you are happy. I hope that Sir Migs will continue to recover.

  6. This is a good find. Never thought you can read a book in an hour and learn meaningfully from it. Hope I can get a copy of this book. This suits me and my husband very well, especially now that we’ve been struggling with our finances for 2 years and he’s been in and out of the corporate world to business to employed to employer. Wishing this book can guide us out from financial struggle. 🙂

  7. I have a copy of this book, too, and I have yet to start reading it. I’m scheduled to read it tomorrow though. 🙂

  8. I want to have a copy of that book! My husband and I learned our lesson the hard way. When my income got bigger because of my promotion, we spent a lot for things we did not need. We did not know about managing our finances. We were happy to put money in our bank accounts only to withdraw it a week after. 3 years ago, I was battling against depression when we suddenly needed to find a new home. Problem is, we did not have the money to pay for the deposit of the new house. We only had a few thousands left which was not enough. If only we saved faithfully and prepared for emergencies, we did not have to experience the fear of waking up without a roof on our heads . In 2015, I learned about Facebook groups that provide information about saving money and investment. That’s when I realized that we have to change the way we manage our finances.

    We dont earn a lot but I know we are handling our finances better than how we used to. I also share my learning to my agents and encourage them to save, to prepare for their future. If I get my hands on that book, Im sure it will give me a new perspective about saving money and how to make it grow, which I will gladly share to the people around me as a way of giving back so that they can break free as well 🙂

  9. Would need to get my hands on this book. Me and my husband have been racking our brains out on ideas on how to breakfree from the corporate world and start our own business.

  10. My hubby and I are also looking for several ways to be financially free and retire as early as possible. This is an interesting book! God bless you and Miguel 😉

  11. Read this book and I loved it as well! <3

  12. Thanks for sharing this book!!! I always believe that reading is a good way to learn things talaga. Will put this book on my list of buys in the future. Thanks for this!

  13. Seems like an interesting read! We need this. Praying for your husband’s continued recovery!

  14. Nice. I would also like to have a còpy. I guess when it comes to financial matters, everyone’s interested. How I wish I could be better when it comes to money matters. 🙂

  15. I have read a lot of financial books and they helped me to be financial literate. I hope that more and more Pinoy will learn how to manage their money.

  16. I’ve recently invested a small amount of money on mutual funds, but I know I need to learn a whole lot more to plan for our future. I’m definitely getting a copy of this book. Thanks!

  17. This is one of our goals, to make money work for us and not work for the money. I love reading about financial freedom and I think listening to your financial advisors really help.

  18. Got a copy of this as well and yet to read it. Will devote my day today reading this. Thanks for reminding me.

  19. I would like to have a copy of this book soon,sounds interesting!

  20. THis book sounds really interesting. I hope I can get a copy within the week.

  21. Oh! I want a copy of this book! I’ve read so many positive reviews. I really need motivation right now to continue saving.

  22. Seems like an interesting book!

  23. How to be an employer when you apply principle #1? Parang di ata sa kin applicable kasi my work takes so much of my time, but this gets me curious to read this book.

  24. Glad the Migs is doing well and thanks to you for being a dedicated wife. Sickness in the family is something we cannot prepare for but with proper guidance and back-ups like having a reliable source of income we could easily get the bets options available. Praying for both of you and good luck on your new venture.

  25. It really is very challenging when someone gets sick in the family, and I can imagine how difficult it is that he was sick for a year! It will really take its toll on your finances. It is, indeed, wiser to invest on insurance for unforeseen events like this. Your post is giving me the urgency to learn more about health/life insurance and investing on mutual funds!

    On the other hand, I love reading this book, as well. I wish I read it when I was younger, it would’ve expedite my journey towards financial freedom!

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