Goodbye 2 BCH
July 7, 2022
Today my heart sink looking at my 2 BCH and it's value. I've been holding it for few months already and now I would bid my goodbye. Or I may say bad-bye 2 BCH.
Hello Miss Jonica! You are the only remaining person I see on my sponsor block now. Thank you so much for your generosity. You bless me since the day you chose to give your sponsorship to me. I appreciate you so much. God bless.
It's a tough decision to let go and convert my 2 BCH now especially that it is on its lowest. But I need to. I need to let you go and serve your purpose. My BCH is my last resort now for me to achieve my very dream which is to own a lot. Yes, I will spend my 2 BCH buying a lot. It was just painful that it would only value just almost 20k while it could possibly reach its peak at 80k or more. But there's no turning back I guess just to finally have the dream of my life. To own a lot for us to stay.
Yesterday, my prayer was answered as the Lord gave me what I have been praying. My friend told me that he knows someone who own a lot and would sell it in a very low price. We hurriedly met the owner and look at the area. It was a good place to stay, away from many people and could grow farm animals or have piggery or poultry. I like the place in general and the area located at the barangay where we reside before. I always wanted to go back there and whenever I search for a lot I always wanted it to be situated in that certain barangay. I don't know it just feels home for me.
It's just a small space just a total of 100sqm and it only cost 50k. For me its a blessing in disguise. An answered prayer. 100sqm usually cost 120k-170k in peso almost 6,000 to 8,000 USD. I would never hesitate to convert my 2 BCH even if it's painful for me cause it would not be put in useless things but it would help me achieve my long dream. I would not waste any time to make my dream in to reality as what my friend said because the lot might be gone to someone else. And I don't want that to happen.
Today I have been chatting few friends if they have extra amount for me to borrow or if they knew someone for me to have the atleast half or more than half of the amount of the lot that I needed to pay. I also explore some app online like home credit since I have tried it already. And I have up to 20k offer to loan. I am quite hesitant though because the interest is to high. Imagine I would be paying 1,740 per month for 24 month which is two years. As I multiply 1,740 to 24 months it reach 41, 000 and a hundred pesos. I don't want to live with such huge interest, I guess. I hope not.
I am forever grateful to this community and to all the people here. You are all a blessings to me. I keep praying to God that he would fall everything into place as he laid the blessing to me. I hope and pray that before this month end I could pay the lot atleast the half of it or more. This has been one of my dream and I hope this month it would be successful by God's grace. Bye-bye 2 BCH. It sadden me but it would not be a pain because it would help make my dream into reality.
That would be all for today. Thank you so much for reading.
I just want to share na for things like land na ng aappreciate, it may be a good idea to get a loan for it as long as you can pay the monthly fee.
I say this since you have to factor in ung inflation that happens every year. What this means is yung P1000 mo this year will not be worth as much in the coming years. Tingnan mo n lang ngayon na ung dating P1000 puno na ung grocery cart peri ngayon iilang items na lang.
So habang nagbabayad ka ng same amount of money, ung land mo tumtaas na value which offsets ung monthly bill mo for the payment.
Pero this is not a financial advice since di ako professional. This is just something I learned sa mga readings ko on howto better handle my money para prepared ako sa adult life HAHA.
Congrats po pala sa nahanap mong opportunity! Great decision ung pag convert ng BCH dahil s asset naman mapupunta.