Medina Savings And Loan – The 3 Beliefs that Keep Filipinos Buried in Debt


Medina Savings And Loan – How to Choose

We all know being buried in debt is not good, yet for some reason Filipinos struggle to get out (and stay out) of debt. In this episode, learn 3 beliefs that might be preventing you from a debt-free life, and the truths that you can replace those beliefs with.

Full Transcript Available At:

Written and Voiced by: J3 Patino
Produced & Animated by: Luis Medina
Music: Purple Planet and Bensound

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  1. Made with Joy
    July 31, 2021 at 10:16 am

    Hi , honestly I have been hurt by this episode but you the saying "tough love" thats how I felt.. I am so glad na my friend advised me this channel.. this channel is not afraid of telling you the truth haha i like it.. tama we all have a choice.. pray for me na ma overcome ko itong credit cards ko.. im almost half on my work journey and i want to retire na may pera.. salamat ulit admin for this video.. great job keep it up po.. hopefully, business ideas naman next or yung financial plan po how to get out of debt… salamat 🙂

  2. j. smith
    July 31, 2021 at 10:16 am

    This is so true. Filipinos are conditioned to live in a rental economy, where people are deceived to believe that interest over having a property under an amortization scheme is equivalent to truly owning it. It makes me laugh when there are so many people who try to impress you with what they have, but the truth is everything they have is all on credit. Nothing is really theirs.

    I have more respect to a farmer who owns and has a title over his land and bahay kubo over a rich guy who's making Php780,000 monthly payment for the 20-year amortization of his mansion, not to mention paying Php80,000/month for his luxury vehicles.

  3. tsitnedance
    July 31, 2021 at 10:16 am

    Watching this again every once in a while ❤

  4. enam orez Pascal
    July 31, 2021 at 10:16 am

    Daming tanga na panay gamit ng credit card di nan kaya magmanage ng sarilimg pera. Puro social climber at nakikisabay sa usong phone

  5. Pinoy Money Makeover Challenge
    July 31, 2021 at 10:16 am

    Many Filipinos should watch more of your videos. These myths about debts should be debunked, masarap ang feeling ng walang utang but most of us are using the shortcut method to achieve their dreams. Good Job sa video na ito it should be shared!

  6. vincent tay
    July 31, 2021 at 10:16 am

    Sorry but most filipinos that borrow money don even wan to return it becoz they think that they're entitled to the money,especially if its from their love ones.
    When the time comes for them to return,they'll come up with many reasons for them nt to return and they will even dare to ask for more money on top of the money that they've nt return.

  7. Joel Sosa
    July 31, 2021 at 10:16 am

    loan to free your debt

  8. Dummy Dami
    July 31, 2021 at 10:16 am

    How can we have a home then? Live outside until we save enough ahahah

  9. Dummy Dami
    July 31, 2021 at 10:16 am

    Itagalog mo kasi "Pinoy" money academy

  10. Mark Jimuel Magnaye
    July 31, 2021 at 10:16 am

    Hi Sir. I'm 20 and I wanted to invest early. Could you advice me what type of investment should I get for my 10k?

  11. Genalin Crehencia
    July 31, 2021 at 10:16 am

    Hi, J3,
    How can you coach me om how to be debt free?

  12. Sir Kaloy
    July 31, 2021 at 10:16 am

    Sayo ako natuto ng financial litterature.. at kaya ko din ginawa youtube channel ko dahil sayo 🙂 sana pareparehas tayo magtagumpay. Mabuhay mga pinoy!

  13. Ging Solo
    July 31, 2021 at 10:16 am

    Thank you sir for this video
    Sobrang worth it panoorin

  14. Maricar Gallardo
    July 31, 2021 at 10:16 am

    Instant gratification and FOMO leads to debt 😂

  15. Joraf Aguilar
    July 31, 2021 at 10:16 am



  16. Reuben Serilo
    July 31, 2021 at 10:16 am


  17. Prime Ann
    July 31, 2021 at 10:16 am

    Thank you sirr i hope everyone can watch this !
    Keep it up 😃😃😃

  18. massie mogol
    July 31, 2021 at 10:16 am

    Ur back.miss ur voice

  19. Ronald Allan Gunda
    July 31, 2021 at 10:16 am

    1m in 30 years. How about applying time value of money? Parang ok pa din naman

  20. Life Vision
    July 31, 2021 at 10:16 am

    This is only applicable to Filipinos that are mostly in bad debts. But for good debts that are acquiring assets, its actually super cheap for 1M that doubles for 30 years and thats 6.72% including interest to be paid per year. A house has the appreciation value can double in less than 10 years that could be 4~5x its value in 30 years. A stock invested 1M for 30 years in annual 10% return can yield 17M and paying 2M in return is very attractive. But for those who are buying on liabilities, that 30 years repayment is a nightmare and could destroy both your future and financial freedom.

  21. Kazekage Drazen
    July 31, 2021 at 10:16 am

    Tol disturbing to haha hang over ako pero I needed to get up to say this haha napanood ko sa phone vid some reason di ako makacomment on mobile. Please mag follow up ka ng video about good debt. I mean yung uutang ka para invest sa may inflow na business etc. that will sufice for the interest that you borrowed.

  22. Coi R.
    July 31, 2021 at 10:16 am

    I am debt-free right now. 🙂 But this vid saved me from making a bad decision kung i will ask loan for a brand new car or housing. Trabaho, ipon and live within my means lang talaga. Last resort ko palagi ang borrowing money. Hehe. Thanks!

  23. Esterlina Talosig
    July 31, 2021 at 10:16 am

    Very well said sir J3..right teaching leads to a right living…thank u for this reminders…

  24. Romuel Doctor
    July 31, 2021 at 10:16 am

    Mag tagalog din

  25. wavee baby
    July 31, 2021 at 10:16 am

    So I guess I am trapped with living with my parents for the nxt 10 years because I will not be able to afford to buy a freakin house cash anytime soon.. Very inspiring.. Try something more realistic for the majority nxt time.. How about efficiently paying off debts?????

  26. Jess B
    July 31, 2021 at 10:16 am

    Thank you so much Sir.

  27. K. Tan
    July 31, 2021 at 10:16 am

    isnt the "keep" should be keeps? Idk..?

  28. Ariel Raquel Alcazar Family TV
    July 31, 2021 at 10:16 am

    Tnx more videos to come

  29. K. Tan
    July 31, 2021 at 10:16 am

    thank you very much. very helpful

  30. OFW simple living
    July 31, 2021 at 10:16 am

    Mas okey po kung Tagalog.. Para mas maraming makaintindi..

  31. Don Manluyao
    July 31, 2021 at 10:16 am

    thank you sir j3 as always, for giving us a reminder and an eye opener god bless you.