We were having a garage sale on a Saturday right before a busy evening at
church with the Youth.
I thought it was crazy for doing this back to back with an event happening
right after wards. But sure enough, we did it.
The proceeds from the garage sale was going to go towards the Shipping &
Handling for sending a box of clothes and supplies to a church in the Philippines.
Well, God did
provide and the garage sale made enough to send ONE box. Yes! Thank you
But ugghh!! We still had a lot of stuff that we wanted to get rid of, and I
knew that a lot of it was just going to end up back in the storage and pile up
again. So I started throwing away stuff. And of course, my mom, “Nanay,” brought some of
the stuff back inside. Ha, ha, ha…. I knew that was going to happen. If it’s not
a raccoon or possum digging in trash, it’s my mom. She always finds a reason to
make things useful. I love her, but I really Really REALLY did not want anymore
of the junk that I already held onto for so long back in the house. But who can
argue with mom, right? Well, not me.
Anyways, I started to read more on how to invest. I googled, “How to become a
millionaire.” There are three to five steps on how to achieve this goal. The
first is to have a source of income, the second is to save, and the third is to
invest. The other two advices are: To live within your means & to not keep
all your dollars in one nest. Anyhow, I like the Three step advice, so my
thought it is, “My savings and checking accounts are an investment, but it’s
sooo slow. What other ways can I invest aside from doing stock and other
complicated math savings account with difficult abbreviations to remember: IRA, ROTH, MMA,
God must’ve heard my heart’s desire, because next thing you know, my husband
tells me about this woman he just met. I’m not a jealous type of person, so
really there was nothing to worry about. From what he was saying, he met a 60
year old woman, just retired, who’s making more money without doing anything…
uh, what? I started to ask him more questions, because apparently, this “Auntie”
invested very little and each day, her “savings” grew and grew and all she did
was just let the money sit in her account… it was better than a savings account
he pretty much said.
So I asked him to look further into it. And so he is. He explained it a
little further to me, but until I feel confident in re-explaining it to you,
this is what I understand thus far:
There are FOUR buckets:
The VIP has points (pennies?) that can be used to puchase items or invested.
Depending on how much was initially invested, the investor will qualify for
certain benefits. These benefits will allow the investor to accrue interest on
their investment at the end of the day based on how much the ‘company’ earned.
So if the company earned $100, I earn a certain percentage of that… let’s say
$1. Now this $1 can go into my CASH bucket, or I can re-invest it back into my
VIP bucket. From what I understand, when my VIP bucket increases in points, so
does my percentage from the interest I earn from the company a the end of the
Okay, this is where I stop from understanding. I have slight understanding of
the other two buckets, because I can’t explain it yet.
Any who… hmmm? Hubby signed up for the program tonight. I am giving him a
WEEK to show me something.
If what he says she said is true, than there should be NOT a PENNY Less
in his investment. Meaning, he should’ve gain and not lost his initial
investment into the company.
A penny for your thought…