Part 6/8:
Kenneth and Sheila's transition from tech professionals to cacao farmers underscores several key lessons:
Live Below Your Means: Their move to Davao involved reducing expenses by leasing land and renting their home, enabling savings that fueled their farm investments.
Track and Budget: They advocate for at least three months of expense tracking to understand spending habits and identify opportunities to reallocate funds toward investments.
Invest Early and Often: The best time to start investing was 20 years ago; the next best is today. Their journey underscores the importance of starting early to build long-term wealth.