I can't believe this is my first tweet for 2021, but it hits home really hard so lemme share my thoughts and begin by saying that in dating
FINANCIAL CAPACITY IS OFTEN CONSIDERED, specially if you don't come from privilege

A THREAD

(1/X)

Don't get me wrong, money isn't the sole basis of love, but if you live in a country like ours where most are underpaid and inequality is bad, it is pretentious to say that finances are not considered in choosing a partner. So let's try to explore some scenarios:

(2/x)
Scenario 1

Person A meets Person B. They like each other big time. However, because of financial stability, person B wants to fly abroad for better opportunities. Person A can't do LDR.
LOVE STORY ENDS.

(3/x)
Scenario 2:

A wants to climb the corporate ladder. B loves his entry level job, finds meaning in it, wants a frugal life, & spends accordingly. Person A meets person B, they click. They like each other. However A thinks B is mediocre. A lets go. LOVE STORY ENDS.
(4/x)
Scenario 3:

A is in IT (one of the top paid jobs in the country atm). B is in the service sector (which society doesnt reward well) A wants to travel a lot, B has financial limitations. A & B computes travel expenses using a ratio based on their salaries. LOVE STORY WORKS

(5/x)
Scenario 4:

A and B love each other. B's family starts to have financial problems. Someone gets sick. B is stressed. B isn't the best partner atm. The relationship is tense. A was overwhelmed. They breakup. LOVE STORY ENDS.

(6/x)
Scenario 5:

A is from a rich family, B isn't. A's family thinks B is only in it for the money. B genuinely loves A. A stands up for B. LOVE STORY WORKS

(7/x)
Scenario 6:

A and B have the same salary grade. LOVE STORY WORKS.

(8/x)
Now I know all these are random, made up scenarios (or are they? 🤔). They can always end up differently depending on how the couple works on it. However, finances will always be part of the dynamics of any relationship since we live in a capitalist world.

So what?
(9/x)
People who date should always go back to intentionality. Are you looking for someone richer? Be intentional about it. Do you not care about someone's finances? Be intentional about it. Do you want a frugal life or a lavish one? Be intentional about it.

BUT remember...

(10/x)
Financial capacity CAN be temporary. Just because someone is poor right now doesn't mean he isn't driven or will be poor forever. Likewise, what your idea of financial mediocrity is, may be someone's idea of success. You simply have to make these things known. So talk.

(11/12)
Now while your fixated on finances, wag mo kaming lahatin. And if you're dating a "poor guy," wag mo na patagalin.

Kasi some people look at other things beyond finances such as values, principles, drive, and growth.

Let go mo na. Kasi hindi ka niya deserve
😉

(End)
*you're

More from Finance

I'm lucky to attain financial freedom before 30.

I credit Fintwit for my learnings.

Here's 10 key concepts every investor must know:

1. $$ needed to retire
2. Researching a business
3. Reading annual reports
4. Reading earnings calls
5. Criteria of a multi bagger

(Read on...)

6. Holding a multi bagger
7. Economic moats
8. When to buy a stock
9. Earnings vs cashflow
10. Traits of quality companies

Here's my 10 favourite threads on these concepts:

1. How much $$ do you need to retire

Before you start, you must know the end game.

To meet your retirement goals...

How much $$ do you need in your portfolio?

10-K Diver does a good job explaining what's a safe withdrawl rate.

Hint: It's NOT


2. Research a business

Your investment returns are a lagging indicator.

Instead, your research skills are the leading predictor of your results.

Conclusion?

To be a good investor, you must be a great business researcher.

Start with


3. Reading annual reports

This is the bread and butter of a good business analyst.

You cannot just listen to opinions from others.

You must learn to deep dive a business and make your own judgments.

Start with the 10k.

Ming Zhao explains it

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