Juan Financial Advice

For future reference ko. 😁 😍
💯Ang gandang tip para sa mga magulang.

‘SOBRANG ADVANCE AKO MAG-ISIP’

LOOK: Actress-entrepreneur Neri Naig opens a bank account for her son, Cash, and gets him a life insurance.

“Para kapag seniors na sila, ‘di sila maghihintay ng ibibigay ng mga magiging anak nila,” Naig writes. “Inaayos ko na talaga yung future ng mga bata. Ayun ang trabaho nating mga magulang, ang siguraduhin magiging maayos sila hanggang sa pagtanda.”

She advises fellow parents, “Wag na wag natin iisipin na kesyo pinag aral natin sila ay sila na ang bahala sa atin sa pagtanda.” | 📷: Naig/Instagram

This. 💯

Invest Early & Often.

Notes to remember. 👌

Kung gusto mong malaman Paano uumpisahan ang mag-Save and Invest, send me a message. Tuturuan kita. 😉

Ops! 🤭 Ilag na tayo guys! 😂

Sa panahon ngayon, lahat na ng bilihin ay nagsipagmahalan, parang ikaw nalang ata ang hindi nagmamahal 😂

Uunahin mo pa ba ang ang pride kung walang chicken sa inyong hapag?

Kidding aside, wag kang makontento sa payday check mo! Rumaket ka!👊👊

Kakeibo which is pronounced as “kah-keh-boh” is a way of manually tracking your finances to help you stick to a budget and reach your savings goals.

Here's how you can save you more money.

1. 𝐂𝐚𝐥𝐜𝐮𝐥𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐦𝐨𝐧𝐭𝐡𝐥𝐲 𝐢𝐧𝐜𝐨𝐦𝐞:
Salary: 20,000
Side Hustles: 15,000
Total Income: 35,000
2. 𝐒𝐮𝐛𝐭𝐫𝐚𝐜𝐭 𝐲𝐨𝐮𝐫 𝐟𝐢𝐱𝐞𝐝 𝐦𝐨𝐧𝐭𝐡𝐥𝐲 𝐞𝐱𝐩𝐞𝐧𝐬𝐞𝐬:
Rent: 5000
Groceries: 3000
Insurance: 2500
Loan: 2500
Total Fixed Expenses: 13,000
35,000 - 13,000 = 22,000
3. 𝐒𝐞𝐭 𝐚 𝐬𝐚𝐯𝐢𝐧𝐠𝐬 𝐠𝐨𝐚𝐥 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐦𝐨𝐧𝐭𝐡:
22,000 - 7000 (Savings) = 15,000
4. 𝐋𝐢𝐬𝐭 𝐚𝐧𝐝 𝐜𝐚𝐭𝐞𝐠𝐨𝐫𝐢𝐳𝐞 𝐲𝐨𝐮𝐫 𝐬𝐩𝐞𝐧𝐝𝐢𝐧𝐠𝐬:
• Food
• Transportation
• Shopping
• Entertainment
• Family Gatherings, etc.
5. 𝐃𝐢𝐯𝐢𝐝𝐞 𝐭𝐡𝐞 𝐫𝐞𝐦𝐚𝐢𝐧𝐢𝐧𝐠 𝐚𝐦𝐨𝐮𝐧𝐭 𝐛𝐲 𝐭𝐡𝐞 𝐧𝐮𝐦𝐛𝐞𝐫 𝐨𝐟 𝐰𝐞𝐞𝐤𝐬 𝐥𝐞𝐟𝐭 𝐛𝐞𝐟𝐨𝐫𝐞 𝐧𝐞𝐱𝐭 𝐩𝐚𝐲𝐝𝐚𝐲:
Net Income after fixed expenses and savings: 15,000
Days left before next income: 3 weeks
Thus, I can spend 15,000 ÷ 3 = 5000 per week.
6. 𝐀𝐧𝐬𝐰𝐞𝐫 𝐫𝐞𝐟𝐥𝐞𝐜𝐭𝐢𝐨𝐧 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐭 𝐭𝐡𝐞 𝐞𝐧𝐝 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐨𝐧𝐭𝐡.
Let the old habit end. 👌🏻
❎ Income - Expenses = Savings
✅ Income - Needs - Savings = Expenses
Income: (How much money is coming in?)
Expenses: (How much money is going out?)
Net Income: (How much available?)
Savings: (How much do I want to save?)
Wants: (How much should I spend?)

If you are starting, spend at most 80% of your income and save at least 20% to the point that you can no longer spend the 80%. If you can only spend 65%, then save 35% of it.

The goal of personal finance is to make you save at least 50% of your income. 📑🖋

Happy learning!

Legit. .

Four reasons why planning for Retirement is very important.

1. SSS and Philhealth is not enough - it will not sustain your medical bills and you will need to downgrade your lifestyle if you will depend on your SSS pension alone.

2. Inflation - your P100 now will have a lesser value in the future.

3. Our kids are not our retirement fund - part of "Pagtanaw ng utang na loob" Culture. We need to break this dependency. Let us not be a burden to our kids in the future.

4. We live longer - imagine retiring at the age of 65 with NO INCOME, then living until the age of 80, that's 15years worth of expenses. 65 years old is too far to imagine, right? How about taking a vacation for a year with no salary?

In essence, we all need to prepare for our future. It's important to enjoy the present but it's equally important to save and invest for our future too. It starts with Financial Education.

Total financial solution :)

You have to choose between the two.
Invest now and enjoy later or Enjoy now and suffer later.

Hey boys, nanliligaw kana ba? Ipon muna bago ligaw! 😁 Parang awa mo na, wag mong ligawan yung crush mo kung wala kapang ipon para sa kasal at pambili ng bahay.

Never forget that whatever you do today will either make your future self suffer or be thankful for it. So, you better think wisely. Make your future self proud. O baka mamroblema si future self about your multiple utang, or your unreasonable expenses today.

Raise your standard of giving to receive more blessings 😊