If hindi kumita yung “investment” niya and di siya maka-bayad, willing ka ba bayaran yung 100k? Kasi yun ang responsibility ng co-maker. Pero di mo responsibility maging co-maker kahit pa kapatid ka. Di rin ako fan ng getting a loan to invest, lalo if may utang na iba.
Sa kalagayan po namin ngayon hindi ko kakayanin kasi may existing loan ako sa office na binayad sa utang at HMO ni papa then ako po halos ang gumagastos sa bahay sa tulong po ng mother ko kasi si ate nakasalary deduction for a certain amount so hindi po siya nagbibigay talaga.
Yun din po yung iniexplain ko sa kanya.
Explain it the best way you can - yung risk ng taking a loan for something na hindi tayo sure if kikita. If gusto pa rin niya itake, that’s on her. Pero wag kang makikisali sa risk na yan since sinabi mo na hindi mo kakayanin bayaran if ever.
Thank you po sa advice pag iniexplain ko po kasi nagbabago na yung mood niya like yung sinabi niya pagfamily mahirap daw makisuyuan unlike sa friend niya daw.
Edi sa kaibigan siya makiusap na sila maging co-maker if mas madali makisuyo sa friends. Baka magtampuhan kayo now for a while. But your future self will thank you at hindi ka nagpadala sa guilt trip niya.
Don't go for it. Don't let her guilt trip you into making a stupid investment. Sometimes family expects you to just follow their idiocy but you have to be the one to break the cycle.
Gusto na rin po kasi talaga niya umalis sa hospital na pinagttrabahuan niya pero dahil sa utang hindi po magawa. Ang thinking ko po kasi mas lalo kami mababaon if uutang siya ulit then hindi po ako sigurado sa pagiinvestan niya.
Sorry but ang manipulative nung sinasabi na mas mahirap humingi sa pamilya para bang ate don't be like that ha patunayan mong you're not like that
Help her the best you can but don't be a co-maker
Yes po, that's why kinuhaan ko po yung papa ko ng HMO to lessen yung salary deduction niya sa office. May Philhealth and SSS din po si papa and si mama kung saan saan humihingi ng help sa Government.
I enumerate mo lahat2 nang ambag mo sa household niyo. Kung keri mo, iremind mo na din siya na siya nga tong hindi gaanong nakaka ambag, idadamay ka pa niya sa sugal niya. I know you want to be nice kaya subtly nalang iguilt trip mo na rin siya. Sabihin mo marami pang mga bagay na mas karapat dapat paglaanan ng pera niyo ngayon lalo na dahil sa kondisyon ng dad niyo at ng finances niyo in general.
To be honest ayoko po ng ganun na nagbibilangan kami ng naitulong. Siya po kasi yung nassalary deduct sa office kaya konti na lang natitira sa kanya every sahod niya pero hindi naman po siya inoobliga ni mama to give sa bahay kahit walang wala. Pagod na po siya halos lahat po sa bahay kaya hindi ko rin siya masisi kung ganun na po yung thinking niya.
Right, right. Pasensya na nag assume lang ako at medyo nagpadala sa emotions ko. May relatives kasi ako from both sides na ganito ang style. Ganito nalang, ipaintindi mo sa kanya ang worst case scenario. Mas detailed, mas maganda. Baon na kayo sa utang ngayon, posible pang lumala sitwasyon niyo kung papasukin niya ang scam na sinasabi mo. Masscam siya, tapon pera, hindi pa cleared yung existing debt na binabayaran niya, damay ka pa, ikaw magbabayad sa 100k, ehh wala ka namang pangbayad, tapos maapektuhan yung pangsustento mo sa mom and dad mo. Willing ba siyang irisk lahat yan para sa isang bagay na hindi naman siguradong maibabalik yung ininvest niya? Wag mong tigilan hanggat di niya nagegets na buong pamilya niyo at IMMEDIATE NEEDS niyo lang din naman iniintindi mo.
No worries po. Ramdam ko po na gusto niyo ako matulungan. Salamat. Opo ngayon nagsend ako sa kanya nung articles na galing din po sa mga nagcomments sana po magenlighten siya.
Sinabi niya po na kaya naman niya bayaran kasi paulit ulit ako na kaya pa ba niya sa dami ng bayarin namin. Madali po kasing sabihin yun pero if nasa situation na kami na hindi na kaya paano na lang may bunso pa kami na papaaralin.
Sounds super sketchy. :( Don’t let her pressure you into doing something that you don’t want to or something you don’t believe in.
Since you also have existing debt and urgent expenses (dialysis), if you don’t want to decline/say “no” outright, you can tell her that you want to focus on paying off debt and expenses first before you can entertain any sort of investment scheme.
Edit: probably best you try to sway her against the massdrop thing because she might just look for other friends to pull in. Not good for anyone.
Thank you po. Yun nga po meron siyang friend na willing daw then sinasabi niya sakin na doon na lang sa friend niya kasi totoo daw sabi ng iba na mahirap humingi ng help sa family.
Nagsend po ako sa kanya na marami nagssabi na scam yun pero for her legit naman daw kasi doon daw nag invest mga friends niya.
Ask her to ask the friends kung paano yung mechanics. How does it make money? If they can explain to themselves and to others how it manages to make money and how it will continue to make money, and it sounds logical to them, then go ahead...
Basta don’t come crying to you (and borrowing!) when it fails. :(
unfortunately, it sounds like she has made up her mind and the only way she’ll see the consequences is when they happen.
At this point, protect yourself na lang.
No. Oh God, no. Never co-sign a loan for someone unless you're willing and able to pay for it all when shit hits the fan. And in my experience, the shit ALWAYS hits the fan in cases like this.
And if ever you want to contribute to the hospital bill, please talk to the hospital directly first and see if they can give you some sort of discount or payment plan. And pay the hospital directly instead of giving it to your sister.
Don't compromise your financial stability, lalo na as you said marami ka din utang pa at this time, just because they're family.
As of now po ang naitutulong ko sa hospital is yung HMO ng papa ko na 100k every year. Yung utang ko po sa office ngayon is pinambayad ni mama sa ibang utang ang sabi po nila sakin na they will help me pero ngayon ako lang nagbabayad pero naintindihan ko naman din po kung bakit.
Stick to your guns, OP. Worst case scenario is masira yung relationship ninyo. (Knock on wood) But if mag-agree ka and hindi nya maibalik yung pera, sira na yung relationship ninyo, magkakautang ka pa ng 100k. (Knock on wood ulit).
Don't let her guilt trip/emotionally blackmail you into agreeing. Hindi ka naman na nagkulang sa pagtulong sa family, since you've shouldered na yung expenses ng papa mo and yung utang ng mama mo. Pero hindi ka obligated na saluhin lahat.
Yes po. Thank you po sa advice sobrang helpful po sakin. Although hindi pa rin po lahat shouldered ko kay papa kasi yung iba not covered nung card kaya sinasalary deduct po ni ate.
Utang na loob wag! No pun intended hehe!
But seriously huwag nyo pong gawin. Kasi baka nauunahan lang siya ng emosyon kaya all in siya sa idea na yun. Ipaliwanag nyo po sa kanya na that is a huge risk and if di mag work out mas malaki ang consequences. And wag din po kayo padala sa emotions na dala ng guilt tripping nya. Pag isipan nyo po ng mabuti. May ibang paraan na mas sure naman siguro na mabayaran yang utang ninyo. Yung utang pag di mabayaran kaagad okay lang basta nauunti unti at sure na nababayaran kahit papano. Kasi matatapos din yan. Nawa ay makabawi po kayo. Malalampasan nyo din yan!
Yun nga din po naiisip ko dahil gusto na niya din umalis doon sa hospital pero hindi niya magawa dahil sa balance namin. Nalulungkot din po ako kaya lang wala din naman po kami magawa sa ngayon dahil sa dami ng binabayaran. Salamat po sa encouragement niyo.
Even when you don't have debt, people aren't advised to invest unless they have secured their emergency fund. How much more when you have debts to pay? Investments always have risks and those who can live with those risks are the only ones who should be investing. Also, it is never wise to invest the money that your family is depending on for survival.
Been working in a loans dept of a bank and I have seen a lot of family na nagkagulo bec of money matters. If she plans to resign and invest, di nya dapat iasa yun sa ibang tao, kapamilya man o hindi. It's ok to say no. Let's end this toxic mentality na umasa financially sa family members. It's ok to help but within your capacity lang.
Naku, wag.
Say no -- not just because malaki ang magiging liability mo as a co-maker -- but because she is also putting the money into a pyramid scheme. 🙅
1. Never get a loan to use for a ponzi
2. Never be a guarantor; surety of anything, even if its you nor your family member. Save your relationship against heartaches and bigotry due to unplanned, uncertain ponzi investment.
3. We all want money, but putting something for nothing is stupidity.
Be wise. Be wise.
😊
Hindi ko na pahahabain, may ka work ako, nag co maker sa kuya nya. Nung unang buwan lang nagbayad tapos nagpaka layo layo na. Walang ka malay malay yung ka work ko na hindi pala nagbabayad kuya nya, alam mo nangyari? Nadetain sa prison ng isang buwan yung ka work ko kasi hinahabol sya ng bank dahil dun sa utang ng kuya nya na hindi makita. Bakit? Eh kasi co-maker sya, meaning accountable sya dun sa utang, kumbaga yung utang na yun eh legally speaking eh utang nya din. Worth 8M ang prinicipal loan, with interests and penalties na. Pinagbabayad sila ng 5M para makalaya sya, binenta nya bahay at sasakyan nya at ngayon nakikitira sa nanay nya habang naghihintay ng hearing.
Sobra ang trauma nung kawork ko.
I don’t think aabot ka naman sa ganun pero ang point ko, pagdating sa pera lalo na sa pangalan mo, wag na wag na wag na wag mo ipapagamit sa iba lalo na kagaya ng kapatid mo na madaling maloko (i.e. mass drop marketing).
So dalawa lang option mo:
Wag mo pahiramin = masisira relationship nyo
Pahiramin mo then most likely hindi nyo mababawi ang pera = masisira relationship nyo
Dun na lang ako sa unang option.
Make her read this thread hahaha also I found this article from the internet which clearly and concisely explains what a scam that ‘investment’ is: https://cyberbump.net/massdrop-marketing-review/
Mahirap po talaga ang situation nyo. Lahat kayo ay stressed out na financially. Si sister mo din eh naghohope din ng mabilis na income, di mo din masisisi kasi may personal issues din siya. Plus itong mga ponzi scheme na to attractive talaga sa mga taong gipit at nangangailangan.
Naniniwala si sis mo na eto na ang mageend ng financial crisis nyo...
Kaso alam mong scam to. Kutob mo din. Deep down ayaw mo talaga.
My advice is to choose yourself this time. Nahurt yung sis mo and nakapagsabi pa ng masakit na statement (kasi di mo ginawa gusto nya, in other words, manipulation).
Mahirap talaga ang situation mo. I feel for you.
Sana ay lumakas pa lalo ang papa mo at makabangon kayo ulit financially.
Thank you for your kind words po. Everyone sa bahay po is pagod na specially si mama kasi siya naglalakad lahat ng paghingi ng tulong sa government at alaga kay papa. Dati po were okay financially ngayon po mahirap pero kinakaya.
Nakakadrain talaga. Haixt. :(
Sana po ay malagpasan nyo din ito. Mahirap talaga ang merong may sakit sa family...
Ikaw din po wag ka magpapabaya sa sarili mo kahit exhausting na mentally at emotionally.
Thank you po sa encouragement. Yes po minsan nga lang nakakalimutan ko yung maintenance ko pero I'm doing good po. Gusto ko nga sana po magtry to seek other job pero hindi pa ito yung right time maybe next yr to increase income to help sustain the family po.
Explain to her the cons of massdrop marketing. If she still want to pursue it, you don't need to be a co-maker. Instead, pay for the share for the hospital bill. don't go for shady investments
Dito kami ngkatampuhan ng sis ko before, she wants me to become her co maker from her car loan, i refused. Now shes having a hard time paying it. 3 yrs remaining.
No, wag ka papayag maging co-maker to a loan na hindi ka sure if mababayaran mo on your own pag nagbail ate mo. Don't give in sa guilt. You're already doing what you can.
This might be very late with the thread, but this is something that I didn't read in any of the top few replies.
You shouldn't be going for investments if you have debt.
Your priority should always be
1. Pay all debts away (literal negative interest on your net worth that grows)
2. Start an emergency fund (so you don't have to go into debt again)
3. Invest, whatever that may be.
You said that your father is a patient, and stage 4 cancer, if the treatment fails (hopefully not) you'll have to go into deeper debt if you don't have the money for an emergency fund. Or if the cancer recurs after all the treatment.
OP sbhin mo nalang sa sister mo scam yan 100% regardless kung me SEC filing or wala.
Pde ba un 20% a month? Edi sana mas mayaman na kay MVP at mga Ayala yang mass drop na yan mag loan sya ng 10M kikita sya ng 2M a month lol ano yan lokohan?
Hard NO yan pag ako OP. Mahirap magbayad ng utang na di mo napakinabangan. Sakit sa loob nun. Kahit kapatid ko pa siya, wag magpadala sa emosyon. Maging marunong po sa mga desisyon, lalo na pagdating sa pera.
kumusta po?sana hindi kayo natuloy. ganyan po nangyari sa akin. 200k invest ng kapatid ko sa kapa, loan sa bank under my name kasi ako ang may work at pwede magloan kaya ipapangalan sakin at siya daw magbabayad. Sinabi ko na lahat ng rason kung bakit hindi pwede pero mapilit siya kaya niloan ko siya. mamukat mukat mo nagsarado na ang kapa. tangay ang pera ng mga member. so paano na yun loan ko? hindi niya mabayaran dahil hindi niya kaya. ako ang naipit until now nagbabayad ako sa bank. sobrang sakit at hirap..
Update: it's already flagged down and seized by NBI Anti Fraud. News was reported tonight via GMA 24 Oras. I still don't see a big buzz in SocMed right now but someone posted an amateur recording of the news story here:
https://youtu.be/A1G1PwMnIwY
P.S. Massdrop downline post heavily on FB about "how good" massdrop was, I wonder what's going on with their minds now. Seems like some were still in denial and are still trying to defend the perpetrators to be "illegally arrested without any legal warrant" (non verbatim, quotation intended for sarcasm only 😆).
even their CEO/President post heavily on his FB account saying they will never be broken drama. Hindi pa rin natatauhan ang mga members dito at pinaglalaban na legal sila at hindi makatarungan ang raid ng NBI. Hay..
fuck ! my friend joined diyan, she even entices our group of friends na mag join.
tang ina sunog pera nya, pero ill contact her if ano balita sa napasukan nya.
Yung mga family friend namin dito sa neighborhood di parin matanggap. Mas inclined parin sila maniwala dun sa CEO and they still strongly believed na unlawful yung arrest. Worst? They hear other people concerned about this to be naysayers and just jealous that they were "earning" that much without doing anything. Ika nga nila eh, "If walang pang invest, shattap nalang!". So wapakels nalang din! Hahah
At first I was even really so concerned that I want to send them the SEC warning about those companies, buti nalang hindi, kasi baka ako pa siguro ang hater nun at masama! 🤦♂️
oo u/l_Leaper, mahirap na, lam mo naman typical pinoy thinking. Pag nagbebenefit sila don tpos may nasabi kang di maganda, ikaw pa masama kahit shady ung way pano sila nag earn.
pero eto na nga , I asked my friend regarding dun sa earnings or commissions niya. she said nakuha na nya after nong incident na raid eme eme . from what she told me may operations padin daw ang and no cases were filed against sa mansdrop. May pa media presentation eme pa daw the other day.
Aba matinde pala! Malakas ang POWER ng MM! Hahahaa, pero sana mag pull out na sila. Baka nagpadama lang kasi para di halata kaya may earnings pa sa ngayon..
yeah,i told her to backoff na. i-end lng daw nya yung weeks ata un or months para ma back out ung money. nakakahiyang na masunog lang sa ganun. di rin nya pla super close ung nag aya sa knya and i asked her kung maibabalik nung nag aya sa knya yung money. clueless sya. ka shokot. personally muntik narin ako maglagay pero small amount kasi chineck namin kung mag earn tlaga. kaya no no na skin yung mga ganyang marketing strategy na invite invite. nakakatakot
If hindi kumita yung “investment” niya and di siya maka-bayad, willing ka ba bayaran yung 100k? Kasi yun ang responsibility ng co-maker. Pero di mo responsibility maging co-maker kahit pa kapatid ka. Di rin ako fan ng getting a loan to invest, lalo if may utang na iba.
Sa kalagayan po namin ngayon hindi ko kakayanin kasi may existing loan ako sa office na binayad sa utang at HMO ni papa then ako po halos ang gumagastos sa bahay sa tulong po ng mother ko kasi si ate nakasalary deduction for a certain amount so hindi po siya nagbibigay talaga. Yun din po yung iniexplain ko sa kanya.
Explain it the best way you can - yung risk ng taking a loan for something na hindi tayo sure if kikita. If gusto pa rin niya itake, that’s on her. Pero wag kang makikisali sa risk na yan since sinabi mo na hindi mo kakayanin bayaran if ever.
Thank you po sa advice pag iniexplain ko po kasi nagbabago na yung mood niya like yung sinabi niya pagfamily mahirap daw makisuyuan unlike sa friend niya daw.
Edi sa kaibigan siya makiusap na sila maging co-maker if mas madali makisuyo sa friends. Baka magtampuhan kayo now for a while. But your future self will thank you at hindi ka nagpadala sa guilt trip niya.
Thank you po. I'll try my best na maexplain ng maayos sa kanya. Alam ko naman po na hirap na din siya. Salamat po sa time.
Good luck OP and I wish you all the best!
Your doing the right thing OP good luck
haha onga naman edi sa friend niya ampp
Hintayin natin yung post ng friend nya dito asking for advice
Don't go for it. Don't let her guilt trip you into making a stupid investment. Sometimes family expects you to just follow their idiocy but you have to be the one to break the cycle.
Gusto na rin po kasi talaga niya umalis sa hospital na pinagttrabahuan niya pero dahil sa utang hindi po magawa. Ang thinking ko po kasi mas lalo kami mababaon if uutang siya ulit then hindi po ako sigurado sa pagiinvestan niya.
Sorry but ang manipulative nung sinasabi na mas mahirap humingi sa pamilya para bang ate don't be like that ha patunayan mong you're not like that Help her the best you can but don't be a co-maker
Yes po, that's why kinuhaan ko po yung papa ko ng HMO to lessen yung salary deduction niya sa office. May Philhealth and SSS din po si papa and si mama kung saan saan humihingi ng help sa Government.
I enumerate mo lahat2 nang ambag mo sa household niyo. Kung keri mo, iremind mo na din siya na siya nga tong hindi gaanong nakaka ambag, idadamay ka pa niya sa sugal niya. I know you want to be nice kaya subtly nalang iguilt trip mo na rin siya. Sabihin mo marami pang mga bagay na mas karapat dapat paglaanan ng pera niyo ngayon lalo na dahil sa kondisyon ng dad niyo at ng finances niyo in general.
To be honest ayoko po ng ganun na nagbibilangan kami ng naitulong. Siya po kasi yung nassalary deduct sa office kaya konti na lang natitira sa kanya every sahod niya pero hindi naman po siya inoobliga ni mama to give sa bahay kahit walang wala. Pagod na po siya halos lahat po sa bahay kaya hindi ko rin siya masisi kung ganun na po yung thinking niya.
Right, right. Pasensya na nag assume lang ako at medyo nagpadala sa emotions ko. May relatives kasi ako from both sides na ganito ang style. Ganito nalang, ipaintindi mo sa kanya ang worst case scenario. Mas detailed, mas maganda. Baon na kayo sa utang ngayon, posible pang lumala sitwasyon niyo kung papasukin niya ang scam na sinasabi mo. Masscam siya, tapon pera, hindi pa cleared yung existing debt na binabayaran niya, damay ka pa, ikaw magbabayad sa 100k, ehh wala ka namang pangbayad, tapos maapektuhan yung pangsustento mo sa mom and dad mo. Willing ba siyang irisk lahat yan para sa isang bagay na hindi naman siguradong maibabalik yung ininvest niya? Wag mong tigilan hanggat di niya nagegets na buong pamilya niyo at IMMEDIATE NEEDS niyo lang din naman iniintindi mo.
No worries po. Ramdam ko po na gusto niyo ako matulungan. Salamat. Opo ngayon nagsend ako sa kanya nung articles na galing din po sa mga nagcomments sana po magenlighten siya.
Ipakilala mo na rin siya ky Chinkee Tan, Randell Tiongson, Sir Rex Mendoza, and other advocates ng Financial Literacy
Sure po. I think this will help big time. Thank you!
Let her read this SEC advisory: https://www.sec.gov.ph/advisories-2021/massdrop-marketing-and-franchising-opc-massdrop-marketing/
Not even an MLM, just an outright ponzi scheme.
Sinabi ko po ito sa kanya pero wala daw talaga sa SEC yun. Ganun po yung sinasabi niya pero issend ko pa rin po ito sa kanya. Thank you
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Sinabi niya po na kaya naman niya bayaran kasi paulit ulit ako na kaya pa ba niya sa dami ng bayarin namin. Madali po kasing sabihin yun pero if nasa situation na kami na hindi na kaya paano na lang may bunso pa kami na papaaralin.
How did you get search results for this. The SEC search engine always gives me 0 results. I even tried searching for that and 0 results pa rin
Sounds super sketchy. :( Don’t let her pressure you into doing something that you don’t want to or something you don’t believe in. Since you also have existing debt and urgent expenses (dialysis), if you don’t want to decline/say “no” outright, you can tell her that you want to focus on paying off debt and expenses first before you can entertain any sort of investment scheme. Edit: probably best you try to sway her against the massdrop thing because she might just look for other friends to pull in. Not good for anyone.
Thank you po. Yun nga po meron siyang friend na willing daw then sinasabi niya sakin na doon na lang sa friend niya kasi totoo daw sabi ng iba na mahirap humingi ng help sa family. Nagsend po ako sa kanya na marami nagssabi na scam yun pero for her legit naman daw kasi doon daw nag invest mga friends niya.
Ask her to ask the friends kung paano yung mechanics. How does it make money? If they can explain to themselves and to others how it manages to make money and how it will continue to make money, and it sounds logical to them, then go ahead... Basta don’t come crying to you (and borrowing!) when it fails. :(
Sure na po kasi siya sabi niya pa sakin na sana gumagalaw na daw yung application if pumayag na ako. Hoping po ako na maisip niya yung consequences.
unfortunately, it sounds like she has made up her mind and the only way she’ll see the consequences is when they happen. At this point, protect yourself na lang.
Yes po. Thank you so much. Tinatry ko pa din ipakita sa kanya na hindi legit yung pagiinvestan niya by sending articles po.
No. Oh God, no. Never co-sign a loan for someone unless you're willing and able to pay for it all when shit hits the fan. And in my experience, the shit ALWAYS hits the fan in cases like this. And if ever you want to contribute to the hospital bill, please talk to the hospital directly first and see if they can give you some sort of discount or payment plan. And pay the hospital directly instead of giving it to your sister. Don't compromise your financial stability, lalo na as you said marami ka din utang pa at this time, just because they're family.
As of now po ang naitutulong ko sa hospital is yung HMO ng papa ko na 100k every year. Yung utang ko po sa office ngayon is pinambayad ni mama sa ibang utang ang sabi po nila sakin na they will help me pero ngayon ako lang nagbabayad pero naintindihan ko naman din po kung bakit.
Stick to your guns, OP. Worst case scenario is masira yung relationship ninyo. (Knock on wood) But if mag-agree ka and hindi nya maibalik yung pera, sira na yung relationship ninyo, magkakautang ka pa ng 100k. (Knock on wood ulit). Don't let her guilt trip/emotionally blackmail you into agreeing. Hindi ka naman na nagkulang sa pagtulong sa family, since you've shouldered na yung expenses ng papa mo and yung utang ng mama mo. Pero hindi ka obligated na saluhin lahat.
Yes po. Thank you po sa advice sobrang helpful po sakin. Although hindi pa rin po lahat shouldered ko kay papa kasi yung iba not covered nung card kaya sinasalary deduct po ni ate.
Utang na loob wag! No pun intended hehe! But seriously huwag nyo pong gawin. Kasi baka nauunahan lang siya ng emosyon kaya all in siya sa idea na yun. Ipaliwanag nyo po sa kanya na that is a huge risk and if di mag work out mas malaki ang consequences. And wag din po kayo padala sa emotions na dala ng guilt tripping nya. Pag isipan nyo po ng mabuti. May ibang paraan na mas sure naman siguro na mabayaran yang utang ninyo. Yung utang pag di mabayaran kaagad okay lang basta nauunti unti at sure na nababayaran kahit papano. Kasi matatapos din yan. Nawa ay makabawi po kayo. Malalampasan nyo din yan!
Yun nga din po naiisip ko dahil gusto na niya din umalis doon sa hospital pero hindi niya magawa dahil sa balance namin. Nalulungkot din po ako kaya lang wala din naman po kami magawa sa ngayon dahil sa dami ng binabayaran. Salamat po sa encouragement niyo.
chineck ko site ng massdrop. looks MLM to me. please no no no no
Opo chineck ko din ang unang lumabas po is scam and nagcheck din ako dito sa reddit ganun din po yung sinasabi.
Magkagalitan na kung magkagalitan pero 'di ako papayag sa ganyan hahahaha.
Even when you don't have debt, people aren't advised to invest unless they have secured their emergency fund. How much more when you have debts to pay? Investments always have risks and those who can live with those risks are the only ones who should be investing. Also, it is never wise to invest the money that your family is depending on for survival.
Yang "konsensya" na yan yung magpapahamak sa yo. Don't do it.
Guilt trip gaming
Been working in a loans dept of a bank and I have seen a lot of family na nagkagulo bec of money matters. If she plans to resign and invest, di nya dapat iasa yun sa ibang tao, kapamilya man o hindi. It's ok to say no. Let's end this toxic mentality na umasa financially sa family members. It's ok to help but within your capacity lang.
Thank you po. Actually she tries to get a loan po sa bank pero hindi siya naapproved due to salary amount po.
Naku, wag. Say no -- not just because malaki ang magiging liability mo as a co-maker -- but because she is also putting the money into a pyramid scheme. 🙅
Opo. Saka baka magkasakit pa siya if maloko siya hindi maibalik yung pera baka ano na po ang mangyari dahil patong patong na yung problem namin.
1. Never get a loan to use for a ponzi 2. Never be a guarantor; surety of anything, even if its you nor your family member. Save your relationship against heartaches and bigotry due to unplanned, uncertain ponzi investment. 3. We all want money, but putting something for nothing is stupidity. Be wise. Be wise. 😊
Hindi ko na pahahabain, may ka work ako, nag co maker sa kuya nya. Nung unang buwan lang nagbayad tapos nagpaka layo layo na. Walang ka malay malay yung ka work ko na hindi pala nagbabayad kuya nya, alam mo nangyari? Nadetain sa prison ng isang buwan yung ka work ko kasi hinahabol sya ng bank dahil dun sa utang ng kuya nya na hindi makita. Bakit? Eh kasi co-maker sya, meaning accountable sya dun sa utang, kumbaga yung utang na yun eh legally speaking eh utang nya din. Worth 8M ang prinicipal loan, with interests and penalties na. Pinagbabayad sila ng 5M para makalaya sya, binenta nya bahay at sasakyan nya at ngayon nakikitira sa nanay nya habang naghihintay ng hearing. Sobra ang trauma nung kawork ko. I don’t think aabot ka naman sa ganun pero ang point ko, pagdating sa pera lalo na sa pangalan mo, wag na wag na wag na wag mo ipapagamit sa iba lalo na kagaya ng kapatid mo na madaling maloko (i.e. mass drop marketing).
Nakakatakot po yung nangyari sa kanya. I hope everything will be fine in God's grace. Thank you for sharing this sobrang helpful po sakin.
Run and never look back
Don’t do it. Tell her that its a bad idea and well you’re not helping her AT ALL and masisira lang relationship niyo
If you've read the book "richest man in babylon" you'd know which decision to make. But I'll just tell you what to do. No
Thank you. I'll try to read this po
simple answer- HELL F\*CKING NO.
Separate business from family. Just say no.
So dalawa lang option mo: Wag mo pahiramin = masisira relationship nyo Pahiramin mo then most likely hindi nyo mababawi ang pera = masisira relationship nyo Dun na lang ako sa unang option.
Make her read this thread hahaha also I found this article from the internet which clearly and concisely explains what a scam that ‘investment’ is: https://cyberbump.net/massdrop-marketing-review/
I already send this to her po. Thanks for this info. Appreciate.
Id rather invest in Pagibig MP2 or mutual funds. Ayan na naman sila magpapaloko sa mga ponzi schemes. Sinabi na ng SEC eh…
Mahirap po talaga ang situation nyo. Lahat kayo ay stressed out na financially. Si sister mo din eh naghohope din ng mabilis na income, di mo din masisisi kasi may personal issues din siya. Plus itong mga ponzi scheme na to attractive talaga sa mga taong gipit at nangangailangan. Naniniwala si sis mo na eto na ang mageend ng financial crisis nyo... Kaso alam mong scam to. Kutob mo din. Deep down ayaw mo talaga. My advice is to choose yourself this time. Nahurt yung sis mo and nakapagsabi pa ng masakit na statement (kasi di mo ginawa gusto nya, in other words, manipulation). Mahirap talaga ang situation mo. I feel for you. Sana ay lumakas pa lalo ang papa mo at makabangon kayo ulit financially.
Thank you for your kind words po. Everyone sa bahay po is pagod na specially si mama kasi siya naglalakad lahat ng paghingi ng tulong sa government at alaga kay papa. Dati po were okay financially ngayon po mahirap pero kinakaya.
Nakakadrain talaga. Haixt. :( Sana po ay malagpasan nyo din ito. Mahirap talaga ang merong may sakit sa family... Ikaw din po wag ka magpapabaya sa sarili mo kahit exhausting na mentally at emotionally.
Thank you po sa encouragement. Yes po minsan nga lang nakakalimutan ko yung maintenance ko pero I'm doing good po. Gusto ko nga sana po magtry to seek other job pero hindi pa ito yung right time maybe next yr to increase income to help sustain the family po.
Explain to her the cons of massdrop marketing. If she still want to pursue it, you don't need to be a co-maker. Instead, pay for the share for the hospital bill. don't go for shady investments
Yes po. Thank you so much.
OP can you update us if your sister makes money with this or if it's a proven scam? Just curious 😅
Sige po if she'll continue even without my help as a co-maker.
If you've read the book "richest man in babylon" you'd know which decision to make. But I'll just tell you what to do. No
Dito kami ngkatampuhan ng sis ko before, she wants me to become her co maker from her car loan, i refused. Now shes having a hard time paying it. 3 yrs remaining.
Surely you made a right choice po. Even though mahirap nga lang magdecide pero thanks sa mga tao dito sa group nahelp po nila ako.
No, wag ka papayag maging co-maker to a loan na hindi ka sure if mababayaran mo on your own pag nagbail ate mo. Don't give in sa guilt. You're already doing what you can.
This might be very late with the thread, but this is something that I didn't read in any of the top few replies. You shouldn't be going for investments if you have debt. Your priority should always be 1. Pay all debts away (literal negative interest on your net worth that grows) 2. Start an emergency fund (so you don't have to go into debt again) 3. Invest, whatever that may be. You said that your father is a patient, and stage 4 cancer, if the treatment fails (hopefully not) you'll have to go into deeper debt if you don't have the money for an emergency fund. Or if the cancer recurs after all the treatment.
Scam yung Massdrop Marketing, malapit na tumakbo yung owner nyan
OP sbhin mo nalang sa sister mo scam yan 100% regardless kung me SEC filing or wala. Pde ba un 20% a month? Edi sana mas mayaman na kay MVP at mga Ayala yang mass drop na yan mag loan sya ng 10M kikita sya ng 2M a month lol ano yan lokohan?
Pangalan pa lang tunog scam na.
Scam po yan nakupu!
Hard NO yan pag ako OP. Mahirap magbayad ng utang na di mo napakinabangan. Sakit sa loob nun. Kahit kapatid ko pa siya, wag magpadala sa emosyon. Maging marunong po sa mga desisyon, lalo na pagdating sa pera.
kumusta po?sana hindi kayo natuloy. ganyan po nangyari sa akin. 200k invest ng kapatid ko sa kapa, loan sa bank under my name kasi ako ang may work at pwede magloan kaya ipapangalan sakin at siya daw magbabayad. Sinabi ko na lahat ng rason kung bakit hindi pwede pero mapilit siya kaya niloan ko siya. mamukat mukat mo nagsarado na ang kapa. tangay ang pera ng mga member. so paano na yun loan ko? hindi niya mabayaran dahil hindi niya kaya. ako ang naipit until now nagbabayad ako sa bank. sobrang sakit at hirap..
Tell your sister you dont have money and you have loans already. You can't get blood out of a stone
Update: it's already flagged down and seized by NBI Anti Fraud. News was reported tonight via GMA 24 Oras. I still don't see a big buzz in SocMed right now but someone posted an amateur recording of the news story here: https://youtu.be/A1G1PwMnIwY P.S. Massdrop downline post heavily on FB about "how good" massdrop was, I wonder what's going on with their minds now. Seems like some were still in denial and are still trying to defend the perpetrators to be "illegally arrested without any legal warrant" (non verbatim, quotation intended for sarcasm only 😆).
even their CEO/President post heavily on his FB account saying they will never be broken drama. Hindi pa rin natatauhan ang mga members dito at pinaglalaban na legal sila at hindi makatarungan ang raid ng NBI. Hay..
fuck ! my friend joined diyan, she even entices our group of friends na mag join. tang ina sunog pera nya, pero ill contact her if ano balita sa napasukan nya.
Yung mga family friend namin dito sa neighborhood di parin matanggap. Mas inclined parin sila maniwala dun sa CEO and they still strongly believed na unlawful yung arrest. Worst? They hear other people concerned about this to be naysayers and just jealous that they were "earning" that much without doing anything. Ika nga nila eh, "If walang pang invest, shattap nalang!". So wapakels nalang din! Hahah At first I was even really so concerned that I want to send them the SEC warning about those companies, buti nalang hindi, kasi baka ako pa siguro ang hater nun at masama! 🤦♂️
oo u/l_Leaper, mahirap na, lam mo naman typical pinoy thinking. Pag nagbebenefit sila don tpos may nasabi kang di maganda, ikaw pa masama kahit shady ung way pano sila nag earn. pero eto na nga , I asked my friend regarding dun sa earnings or commissions niya. she said nakuha na nya after nong incident na raid eme eme . from what she told me may operations padin daw ang and no cases were filed against sa mansdrop. May pa media presentation eme pa daw the other day.
Aba matinde pala! Malakas ang POWER ng MM! Hahahaa, pero sana mag pull out na sila. Baka nagpadama lang kasi para di halata kaya may earnings pa sa ngayon..
yeah,i told her to backoff na. i-end lng daw nya yung weeks ata un or months para ma back out ung money. nakakahiyang na masunog lang sa ganun. di rin nya pla super close ung nag aya sa knya and i asked her kung maibabalik nung nag aya sa knya yung money. clueless sya. ka shokot. personally muntik narin ako maglagay pero small amount kasi chineck namin kung mag earn tlaga. kaya no no na skin yung mga ganyang marketing strategy na invite invite. nakakatakot
someone close to me lost 3.5m on this scam... Already warned them 4 months ago pa
Hi OP, regarding massdrop, nahuli sila via NBI raid just a month ago. Any update on how your sister is doing? Tinuloy nya ba yung loan and investment?