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Guide To Achieve Your Target Whatever Money


Read here if you don’t know what Whatever Money is.

If you already know what it is, read the guide below how to achieve your target Whatever Money.

Then take action.


List all your assets and liabilities then subtract the latter from the former to determine your net worth.

Assets – Liabilities = Net Worth

This is crucial. You have to know where you are before you can decide where to go and how to go from there.

An asset is something that puts money in your pocket. A liability is something that takes money out of your pocket.

– Robert Kiyosaki

The above definition will help you in determining your assets and liabilities.

Example of Assets: Savings, Investments

Example of Liabilities: Credit Card Debts


Before you can work on your future, you have to work on your present first.

Whenever you receive your income, your priority should be to pay your debt. You can do this by enrolling for automatic payment through online banking.

While you’re at it, avoid any new debts. It doesn’t make sense to get out of your current debt while you’re getting in to another one. Yes, that means you don’t get to borrow money to pay for your debt.


Sure, you can live within your means, but living below your means will help you achieve your target Whatever Money faster. So it’s up to you if you want to achieve your target faster or not.


You have to plan about your future because nobody else will.

One part of planning is setting up your retirement fund. To be clear, retirement doesn’t mean you stop working from your retirement day until your death. What retirement means is that you can do whatever you like because you have your Whatever Money.

Best investment vehicle to build your Whatever Money? Stocks.

Emergencies are also part of your future, so you’d want to save for it, too. Don’t put your emergency fund in the stock market though. Put it in a savings account preferably with high interest. This way, you’ll be able to withdraw the fund easily when emergency happens.


If you don’t have money for your current needs, you’ll end up using your Whatever Money.

For this, a bank account is recommended. I suggest that you separate your emergency fund account from your needs or cash account.

You may enroll in online banking as well so that you can benefit from the power of automation. Bills payment nowadays can be easily done through online.


Many fail to achieve their target because they feel like they are being deprived. Good news: you don’t have to feel that way. You don’t have to feel miserable to think that you’re doing something great for your future.

Set up a discretionary fund. You may use this fund however you wish to use it. Travel. Gadgets. Clothes. It’s your discretion.


You cannot achieve your target if you don’t have one.

To know your target for retirement fund (Whatever Money), determine your annual expenses and multiply it by 25.


Annual Expenses: Php1,200,000.00

Target: Php1,200,000.00 x 25 = Php30,000,000.00

Yes, that is a lot of money, but you don’t have to put up Php30M. Instead, put your monthly savings to an investment that will help you reach your target. Great example is investing in the stock market. Putting your money at work is the key. Remember the miracle of compound interest? That’s what it means to put your money at work.

To know your target for emergency fund, determine your monthly income and multiply it by 6.


Monthly Income: Php30,000.00

Target: Php30,000.00 x 6 = Php180,000.00

To know your target for cash fund, determine your monthly expenses.

To know your target discretionary fund, determine your goals in the future (e.g. travel goals).

Knowing your expenses is important. Start by tracking your daily expenses. You can do this by logging every movement of your money daily. There are lots of apps that you may download to help you track your expenses, but a simple spreadsheet will do.

To summarize, you’ll need three other funds to help you in achieving your target Whatever Money (Retirement Fund):

The percentage that you will allocate to these funds will depend on your priorities.


Determine what percentage is applicable for your savings rate. Is it 10% of your income? 30% maybe? Or 50%? The higher the percentage, the faster you’ll achieve your target Whatever Money.

If you’re paying a debt, you may start your savings rate at 10%. Once you paid it in full, you may opt to “continue” to pay your debt but this time, you’ll put the money in your savings.


One way to add to your savings is to start noticing the unused coins around you. Pick them up and add them to your savings. “Every cent counts” is the rule. You’ll be amazed how Php0.01 can change your net worth.


Credit card offers various perks. You should identify which one fits you and go for that. Don’t apply for ten credit cards because you want to avail each of the perks they are offering. Stick to one or two at most.

11. BLOG

Documenting your journey in a blog will give you a sense of accountability. It may also inspire others to do something about their current situation. A cause for inspiration? You’ll get satisfaction from it for sure.