I received few facebook messages from a friend a few weeks ago regarding my previous article UTANG Chronicles Part 1 (How to assess whether you will lend people money) Asking for advise on how to approach his friend na pinahiram nya ng money a year ago.
So Ano yung Kurot Principle?
My friend John plans to buy a cellphone worth P25,000
He has P150,000 na savings.
Puwede ba siyang bumili ng cellphone?
Puwede, kasi yung P25,000 lang ‘yon sa kanyang savings. Maliitlngunna percentage sa savings nya, that’s Kurot.
The salary of a regular wager OFW in Singapore is huge!
Even with the expensive cost of living, One can still buy an iPhone, iPad and Designer clothes.
For Singapore, sale happens every 3 months, there is always like the ‘Last day Sale’ on malls and of course the yearly Great Singapore Sale and the IT Shows.