BomBitz | A Pinoy's Journey to Financial Independence

About Me

Bombitz Motorbike

"What you are is God's gift to you, what you make of it is your gift to God."

These are the words that I used to see everyday from a poster hung by my father on the wall. I did not know these would stuck in my mind for the rest of my life. All of us have dreamed of becoming rich at some point. There are some who were born with ’silver spoon', but many were destined to be born poor. I belonged to the latter.

My name is Bombitz. Now, let me tell you my story...

My humble beginning

I was born in a small village in Samar, Philippines. I had 3 siblings, and was the second in line. Having grown up from a humble background, I know how it is to be poor. For 15 years, I used to sleep with a ‘banig’ on a wooden floor in the living room together with my grandmother and siblings. Everyday, I had to feed the pigs; I had to fetch water from a distance and carry two big water containers on both hands. We had no TV just a radio, no telephone, no running water or indoor bathroom. Luckily, we had electric lights.

Sometimes, we used to have a game during dinner. My father divides the dish among us children, and whoever can prolong the dish with the rice wins. That was smart! But I can’t blame him, we had to share two small cans of sardines among seven family members. Thinking about it now, one can is not even enough just for myself. I also remember there was a point in my childhood when I used to take a mango fruit as a dish during the meal, just mango and rice and I was already happy. If there's no mango, then I would spread out some milk powder and milo on top of the rice and that was all for my meal. It was delicious though.

Despite the simple childhood I had, I never complained. We had little money, but I always felt loved. I was poor, yet rich.

My Independence

At 16, I had to move out to pursue my college education in a far place. My father managed to negotiate with a restaurant owner, I became their regular customer. All I had to do was to list down all the meals I had and my father would pay them at the end of the month. First bill arrived and it was PHP500! It was worrying for my parents, they thought I was not eating properly. My father was jobless so I tried to save as much as I could, eating only vegetables (the cheapest) most of the time. No wonder I was really skinny. On weekends, I would work in a hardware as a salesboy and a ‘kargador’ (porter) at the same time which paid me PHP50/day. It was a small amount, but it helped somehow.

On that same year, a big misfortune occurred to us. Oppressed by a wealthy and influential family, our home got demolished. The memory of me walking back home, seeing the house debris on the street is still fresh in my mind. When I saw my parents that day, I could see the pain through their eyes. This tragedy bred a burning desire for me to become successful; I told to myself: one day I’m gonna build my family a new home.

The following year, I decided to move to Laguna to pursue my civil engineering degree at the University of the Philippines. Life has become more challenging. At this moment, I did not want to ask anything from my parents anymore. Fortunately, my aunt used to give me PHP350 allowance each week. Taking away the transportation cost, I only had PHP250 left per week to live as a student. I lived in a dormitory with three other students in a small room. One of them was so kind enough to give me his pair of shoes and a rice cooker. Perhaps he took pity on me for wearing the same old worn-out shoes given to me by my cousin.

My family was my inspiration. They were the ones who pushed me to be the best in everything I did. I worked so hard on my studies, and all my efforts paid off when I succeeded to secure two scholarships in the university. Finally, I got my first taste of independence. At a young age, I was able to support myself and my younger siblings as well.

With Success Comes Responsibility

I’ve felt a sense of achievement on my graduation day. It’s a dream come true for me and my family. The happiness and smile on their faces, so priceless. Soon after, I became a licensed civil engineer and had my first job in a real estate development company. But not long after, my ex-professor offered me an opportunity to join the academe, so I became a university instructor at UP for two-and-a-half years. I then decided to do masters so I went to Europe with the help of Erasmus Mundus scholarship. For two years, I lived and moved around France, United Kingdom and Germany. After completion of my masters, I landed a job in an engineering company in the UK.

With all that, you might think I should be well-off financially or I should have been a millionaire long time back. Not really. You probably know why. Soon after I entered the corporate world, I’ve came to realise that my parents had a huge debt. They kept this secret so that we won't be demoralized and we could focus on our studies. It was hard to understand in the beginning but I'm sure they did that for our own good. They are the reason why I am the person I am today. Helping them back is the least I can do. So each month, I would give them a significant portion of my income. It was not easy, I had to sacrifice many things. Instead of living a lavish life, I chose to help. They are now debt free after many years.

And another thing, with the help of my siblings, we’re finally able to build a new house for my parents. That, I consider a success.

The Journey to Financial Independence

Year 2014, everything was going well until one day my boss told me I had to leave the UK due to visa problem. I was crushed. It was so sudden and unexpected. I was helpless, I’ve got no choice but to accept and move on. Fast forward, I now have a new job in Malaysia. But there’s one thing I realized, the corporate world cannot provide us the job security at all. So I thought I should plan ahead and invest for my future, after all it’s me who can provide the security that I need. I decided to challenge myself, I should be a millionaire by 30. The thought of having a passive income excited me. This is how I started investing in the stock market.

Going back to the quote I mentioned in the beginning, no matter how we started, I believe that we can choose our own destiny. And we can give back something more than what has been given to us. I hope this blog will inspire you to keep dreaming, and hopefully we can inspire each other to greatness.

Thanks for reading,

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  • MC De Belen

    You've got a very interesting and inspiring life story.
    :)

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  • BomBitz

    Thank you MC for your kind comment. I was actually struggling to put my life into words, I'm glad you like it.

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  • Lee Ann

    Congratulations on your achievements and Good luck on your future endeavors!

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  • BomBitz

    Thank you Lee Ann. I'm sure you're also seeking for a better life (if you're not there yet). I wish you the same. Life is about the journey.

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  • Lee Ann

    It is a struggle to get significant success in our own country. One starting from scratch with no big names to ride on. I pray that I can be successful in what I do, to also help others in the long run. Life is indeed a journey!

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  • rolly

    nice story, nakakarelate ako dyan, pareho tayong pinanggalingan bro..

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  • BomBitz

    Rolly, thanks for dropping by. Certainly there are many of us out there with similar stories, and I'm sure some were even far worse than mine. Don't hesitate to share your story to others, keep inspiring.

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  • ken fauni

    Very Inspiring story Bro! May God always guide you, your family and your plans. God Bless

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  • BomBitz

    Thank you for your kind words Ken Fauni. I wish you the same. By the way, great talent you've got there. Keep it up!

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  • mitchel

    thanks for all of this , you give me reason to do what m i afraid of its very inspiring hope this community of yours will last best regards

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  • BomBitz

    Oh thank you so much Mitchel for your heartwarming message. Words like this inspire me to keep going, do even better and share more.

    Don't let the fears hinder you towards success. I'm sure there are a lot of good surprises ahead. Keep dreaming.

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  • Felix d. Cruz

    Very inspiring. I can relate. Nice to read good stories of success once in a while. Good Vibes!!!!

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  • BomBitz

    True. Everytime I read success stories of others, it gives me a sense of hope and it motivates me to strive more. It's a pleasure to be inspired and to inspire others as well. Thanks Felix!

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  • Kat

    Hi. How old were you when you started investing? Thanks.

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  • BomBitz

    Hi Kat. I have started investing when I was almost 28 years old. Now, I'm turning 30 this year. I wish I've known the stock market long before, I could've started much earlier. But I believe that it's never too late. :)

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  • Markus Gwapitus

    I was moved by your story Bro! How I wish I could do half of your achievements. To become a UP alumnus & earn a masters in Europe is quite impossible for me do. But to earn a million through investing, its definitely worth trying. Thanks Engineer!

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  • BomBitz

    Thanks Mr Gwapo! You may not be able to attain what I had, but I think you will achieve something else, even better. Just keep focused on what you desire and don't hesitate to take the risk.

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  • Louie

    I am moved by your story. Continue sharing your story and being a wonderful source of inspiration and hope and knowledge to others. All the best.

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  • BomBitz

    Thank you Louie. I consider it a success to be able to inspire someone. I hope I can touch the lives of other hundreds through this blog. Thanks for your words of encouragement.

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  • Clarissa

    Very inspiring! Keep it up!

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  • BomBitz

    Hi Clarissa, thanks for leaving a comment. I will. :)

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  • Nemesio Tuazon

    Such a great experienced and very humble beginning, thank you for sharing.

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  • BomBitz

    For me, experience is a form of wealth that never depreciates. So I keep on building more. Thank you Nemesio.

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  • Harold Louis Bao

    nakakarelate ako, very inspiring...

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  • Amber

    Inspiring words to live by! Congratulations to all your achievements and God bless in all your future plans. I really liked how you started your blog, it just proved to show that in spite of all your success, you recognized God above all else, and that is something rare to successful people nowadays. Keep it up sir! Continue to inspire more people! God Bless you always! :)

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  • Drew Berry

    Thanks for selflessly sharing your wisdom through your stock updates. We may not have travelled on the same path, but I wish you all the best. May we all achieve our goals to become financially abundant soon!

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  • archie

    Congratulation po....

    I hope may ma-achieve ako sa stock market. Kasi di naman ako matalino at wala ako achievement.

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  • Ninfa martinez

    You are so inspiring. I failed to do that when i was younger but i don't think it would be too late for me to start.

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  • Jacky

    Inspiring life story you have, im also an OFW and a CE here in KL, just started stocks a year ago. Is it possible if you can give some advise how to achieve my financial independence.

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  • BomBitz

    Hi Jacky, thanks! It's nice to come across a fellow Pinoy investor in KL. and it would be a pleasure to share what I know. Do you mind dropping me an email at [email protected]?

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  • Lenny

    Wow....such a wonderful story! It is worth reading from the beginning to the end! Thank you for sharing this...

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  • BomBitz

    It's a pleasure Lenny. Thank you for reading my blog. I'm happy you find it worthwhile.

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  • Val

    Very inspiring story that many OFW's can relate to. We hope to help our countrymen make wise decisions so as to improve our quality of life. And your site is very helpful.

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  • Suzzette Catacutan

    Wow! I was moved to inspired a lot. Thank you for your stunning story, I was able to get some points on how to become like you someday. I'm currently studying business administration majoring in financial management. Excited to be one!

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  • Mark Jerome Bungag

    Very inspiring. I feel motivated. :)

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  • Maru

    What an inspiring story! I have been very reluctant in investing in the stock market cause I'm afraid I might loose my hard earned money. Reading bits and pieces of your blog somehow gave me the confidence. Continue writing your experiences please? God bless!

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  • boorey

    sir, can you help us on how to invest in the stock market?

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  • glaiz bea

    Hi Bombitz, I love your blog. Its inspiring. Hopefully one day I can send you a link of my blog. Im planning to work it out this month. Like you, I really want to help my family and be successful. Im planning to be a millionaire at the age of 25. Wish me luck. Thanks

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  • BomBitz

    Millionaire at 25? You'd be an amazing example to the younger generation. I have no doubt you can do it. You've already taken the first step. Keep it up! Yes pls, I'd love to read your blog.

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  • Marcelino PobladorJr

    Hi Bombitz,
    Thanks for your story it is very inspiring. God bless....

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  • BomBitz

    Thanks Marcelino. God bless you more.

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  • DelaCruise

    Hi Bombitz.. I cant leave this story without sharing to others. Truly, its inspiring. Indeed it is "what you are is a gift from God but what you make it is a gift to God"

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  • BomBitz

    Thank you so much DelaCruise! It's an honor.

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  • Katz

    Hi Sir, just accidentally came across this site as I'm searching for a simplified trading formula (just started in the stock market though).

    Then I saw the profile..looks familiar, it's my former instructor. ☺ Thanks for sharing your inspiring story as well.

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  • BomBitz

    Hey Katz, not sure if it's Katz R. or Katz N? Thanks for dropping by. Glad you found my website :D This is my new gig now after retiring from the academe. You know I miss teaching. haha. I'm happy to hear you're into investing as well. Good decision!

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  • neil

    FUCK IT! Mr. Bombitz how can you be very humble, and be very sympathetic despite your harsh past. I am totally impressed with how you struggle with any situation you deal with, and still remain patient. That's a very hard thing to do.
    I am a fresh graduate now, I have to give a portion of my income to my parents, but sometimes I can't help but be very impatient with my situation.
    You're definitely one of my idol right now.

    Just one question though. I'm very confused with how you set up your blog. I mean this is a huge blog, like there is some valuation of each stock you select. I mean how do you set-up this? Like getting information of each stock's price and still do it instantaneously? This is a huge work. and it seems like you're on your own?

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  • BomBitz

    Hey Neil, it's normal to be impatient sometimes. But never forget the reasons why you worked hard in the first place. It's not our fault that we had to go through such situations. Our parents can only do so much, but we're still lucky we have them, they're the ones who motivated us to become successful. You're on the right journey.

    Regarding my blog, it's actually a product of hard work. and yeah, I'm on my own. It all started when I was new to investing and I was trying to create tools to help me on decision making, then I thought of sharing it to public to inspire more Filipinos to become financially smart. I tried to have them automated so they run on auto-pilot.

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  • Neil Louis Cuajotor

    Sir, tnx for your reply. Just ONE LAST QUESTION please..
    Sir, ano pong klasing "technology" or "piece of software" ang ginamit nyu para makakuha ng data from the market instantaneously? thank You.!
    Any response is highly appreciated!

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  • royelyn

    that was great

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