‘Ipon Challenge’ Pioneer, Financial Adviser On Why Being Kuripot Is Not A Bad Trait

When is being ‘kuripot’ a bad thing? Or was it inherently bad?

Kuripot Pinay, Rhea Haguisan in real life, is credited for the popularity of the ‘Ipon Challenge’ and in her blog title, How the Label Kuripot Hurts Me, Not she attempted to debunk any notion that being kuripot makes one a bad person.

For those who do not know, kuripot is the Tagalog term for ungenerous and it is commonly used in Pinoy culture to describe people who are unwilling to spend their money. They are reluctant to shell out money for things they do not think they are worth spending money on.

Example: Not giving fits to friends or relatives. That is a common courtesy especially if there is an occasion. However, a kuripot person will not do such a thing. He/She probably has her reasons.

Kuripot Pinay in her blog tried to change her readers perspective about the word. She said being kuripot is not supposed to be a negative trait.

She wrote:

“Kuripot or frugality is a different mindset. Individuals who are thrifty as previously stated have a goal when it comes to their money. Their goal is not to accumulate money and wealth for the sake of collecting it. Most of the time, their goal is to stretch their income to cover their necessities. They also tend to save up to achieve something big like for education’s sake, building  a house, put up a business, pay debts, build their emergency fund and invest.”

She added that a kuripot person does not intend to be apathetic to the plight or pleasure of others. Rather, that person was just prioritizing his/her own needs. A kuripot does not intend to make others look miserable but the kuripot was just trying to maximize the value of their limited amount of money.

ANC On The Money’s resident financial advisor Salve Duplito has the same take in 2014 although in her interview, she pointed out how being kuripot becomes a bad thing at a certain level.

“There is a good and bad way to be kuripot and this is something you should consider when dealing with situations when you are criticized for being stingy,” she said.

“This means that certain situations warrant that you give money to others at the expense of your savings goals. For me, perfect examples would be saving a loved one for a threatening medical problem or saving a child from a lifetime of ignorance and keeping him in school, or other similar situations.”

She emphasized though that being generous is meant to inspire others. They should the generous as someone to emulate given the fact that he/she has something to share in times of need.

To prevent unnecessary spending, Duplito gave some advice.

  1. Do proper due diligence when helping others to avoid being used and abused.
  2. Do not give in to the way the person asking something from you. “What someone says about you should not determine how you feel about yourself, even if it’s using the big “K” word — kuripot,” she said.

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