Piolo Pascual: The frugal, private person behind the bankable movie star.

Everybody knows Piolo Pascual. In a nutshell, the story tells the bitten weet tale of a 19 year old overseas Filipino who had to work double shifts and 16 hour duties as a hospital worker by day and a security guard at night just to make ends meet.

At present, he is the endorser of BDO Remit. In one of its webinars, Piolo talks about the importance of saving and how a movie star like him has been managing his finances during the quarantine period.

"Saving has been an important practice in our family. When I was in school and began working, it was the practical thing to do. You save up for things you want to buy. If you have money saved, you will have something to bank on when unexpected situations happen, such as this pandemic. I knew I had to set aside something for a rainy day and save money that I can use when I do not have anything else. So, ever since ! started working, puro savings na talaga ako, I made sure I was not sure spending beyond what I could afford. 1 never changed my lifestyle. I have always lived a simple life," Piolo said.

"I invested in farming because it is a nice feeling to grow your own crops or eat your own produce. Nag-invest ako sa mga bagay na pwede mong paikutin. I now have 18 chickens na galling sa farm ko para yun na lang ang kakainin naming. Mas nakakatipid ka pa. We were going to sell them during the lockdown dahil ang dami na ngang manok. So, they were not just for us. We also share them with friends, Piolo added. Source: Philippine D

Questions to ponder: Analyze Piolo's testimony on his saving and spending experience? How it has influenced your view on managing finances? Use another sheet of paper for your answer.
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