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This Man Saved P80,000 Through The P100 Challenge

If this dude can do it, you can as well
by Khatrina Bonagua | Apr 13, 2018
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Another netizen is currently trending for his successful ipon challenge.

In a Facebook post, Jesse Palerit shared a series of photos and videos featuring his incredible feat of saving P84, 515 in just a span of 11 months.

The technique he used is he saved every P100 bill, P10 bill, and P5 coin that he got. He started in May 23 of last year, and was supposed to open his piggy banks on the same date this year. But he had to open it earlier than the deadline because, according to him, “Masikip na kasi ang kahon.



In an interview with, Palerit expounded on the idea of saving P100 bills:

Yung P100 kasi ang nakikita kong maraming bills at madaling ipunin,” he said. “Yun din yung sa tingin ko ay kaya ko.”

He added: “Pag may P100 na buo ako, di ko talaga ginagastos. Talagang pinasok ko lahat. May time pa nga na kahit gutom ako tinitiis ko muna basta di ko ibibili ang P100.”

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The 37-year-old from Quezon City currently works full time as a head of security. He also has other sources of income such as online ticketing and loading businesses.

When we asked for some saving tips, he said that it’s all about having discipline.

Wala namang pinipiling edad ang pag-iipon,” he shared. “Ang importante may disiplina tayo sa sarili kong paano gumastos. Dapat yung bibilhin mo ay yung kailangan lang talaga. Gaya nang cellphone, di mo naman kailangan yugn mamahalin or dobleng gadget. Di mo rin kailangan kumain sa mga mamahaling restaurant araw-araw. Basta disiplina alng po talaga.”

He also explained that it was his first time to do a money-saving challenge. And now that he's succeeded, his next goal is to break his record.

Ginawa ko lang na libangan itong pag-iipon noong panahon na stressed ako. Sabi ko sa sarili ko ‘kailangan kong ma-challenge para malibang ang sarili ko.’ Di ko naman in-expect na ganito ang magiging outcome. Akala ko nga nasa P30,000 lang ang laman, kaya nagulat ako na umabot pala ng P84,000 plus!”

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He plans to invest the money in his online ticketing and loading businesses. He also plans to pursue a money-lending project. He assured us that the rest will be deposited in a bank for future use.

Itong next kong ipon, bubuksan ko ito next year at balak kong ipundar pambili ng sasakyan.” 

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