What do you think are the small and easy steps an employer could do to be on the right path of becoming financially fit?

Fitz: One of my favorite quotes comes from James Clear, he says that, “We do not rise to the level of our goals, but we fall to the level of our habits or our routine.” Which means if you want to be financially fit, it's not really about focusing on what we want to achieve, but looking at how we live our life every day, so that we can make those small changes and we can start our way towards the goal that we want to achieve.

One of the simplest advice that I tell people if they want to learn how to save is to set aside one peso every day. So why one peso? Because saving one peso is effortless. You don't need willpower to save one peso. However, if you do it every day, just have a piggy bank at home and you put one peso everyday there, it will eventually become a habit. So according to studies, it takes around 66 days to form a habit, an average. So by two or three months, it's now something that you do automatically, putting one peso on your piggy bank every day.

Now the secret here is that if you can afford to put a larger amount on your piggy bank, then go ahead, do that. You can put in twenty pesos on some days, you can put in a hundred pesos, and you can put in two pesos. Whatever amount you put there, as long as you put something there. So the minimum amount is one peso, which is something effortless and doesn't really affect much of our budget. Right? But by learning that habit, you will realize that slowly you are becoming better at saving money. And before you know it, you will realize there's already a large amount inside your piggy bank.

So being financially fit is the same. You look at different aspects of your personal finance, particularly your spending habits, your saving habits, your budgeting habits, your goal setting. So there are a lot of areas in personal finance that you have to look at and then set small doable habits that will help you improve through the years. And before you know it, by just improving 1% every day, you'll find yourself 30% better after a year. So that's what James Clear says in his book, Atomic Habits.

Sean: And I love that book as well. A really, really good read. I highly recommend it. I remember one of the stories that he mentioned there would be when you work out, even if you work out like 30 minutes a day, you don't usually see the results in a month, not even in two months, not even in three months. Sometimes you see the results after six months. But by then it has compounded and you have built the habit and now it's easy for you to do, a lot easier for you to do. And then you see the results and it skyrockets. And people will think that, “Oh, overnight change. What's your secret? What's your, you know, new diet you got into?”

It's not about a secret. It's not about something tactical that you are able to use. It's about the discipline that you have been doing in compounding it over time. And you use the word financially fit because it actually looks pretty much like that. You know, if you've ever tried it, the results don't show after a quarter, it shows after six months onwards. And then people start to ask you, “What did you do? What did you do? What did you do to get there?” And they think that you did it in three months or less, but it's a lot of hard work.

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