MoneyLogics by Gelo

𝑺𝒂 𝒎𝒈𝒂 𝒌𝒂𝒑𝒘𝒂 𝒌𝒐 𝑭𝒊𝒏𝒂𝒏𝒄𝒊𝒂𝒍 𝑷𝒍𝒂𝒏𝒏𝒆𝒓𝒔,

Bago po gamitin ang CMEPA Law at “20% tax on Bank Deposits” as ragebait to position products, maging responsable tayo sa pag-educate ng bawat Filipino.

Ang goal dapat natin ay maayos na Financial Literacy at hindi basta makabenta lamang. Narito ang ilang clarifications:

1. 𝑰𝒏𝒕𝒆𝒓𝒆𝒔𝒕 𝒐𝒏 𝑩𝒂𝒏𝒌 𝒔𝒂𝒗𝒊𝒏𝒈𝒔 𝒂𝒓𝒆 𝒂𝒍𝒓𝒆𝒂𝒅𝒚 𝒕𝒂𝒙𝒆𝒅 𝒆𝒗𝒆𝒏 𝒃𝒆𝒇𝒐𝒓𝒆 𝑪𝑴𝑬𝑷𝑨 𝑳𝒂𝒘. Under the NIRC of 1997, taxed na po ang interest ng savings dati pa. Interest po ang tinataxan not the whole savings amount.

2. 𝑵𝑬𝑽𝑬𝑹 𝒅𝒊𝒔𝒄𝒐𝒖𝒓𝒂𝒈𝒆 𝒚𝒐𝒖𝒓 𝒄𝒍𝒊𝒆𝒏𝒕𝒔 𝒕𝒐 𝒔𝒂𝒗𝒆 𝒘𝒊𝒕𝒉 𝒃𝒂𝒏𝒌𝒔 𝒋𝒖𝒔𝒕 𝒇𝒐𝒓 𝒕𝒉𝒆 𝒔𝒂𝒌𝒆 𝒐𝒇 𝒔𝒆𝒍𝒍𝒊𝒏𝒈 𝒂 𝒑𝒐𝒍𝒊𝒄𝒚

Reminder na part ng Financial Planning na ginagawa dapat natin ay ang pagtulong sa pagcreate ng Emergency Fund. Emergency = meaning the funds should be accessible asap with zero to minimal potential loss.

Hence, we still promote saving with banks because even if they have lower interest rates (and taxed pa), it offers the liquidity that emergency scenarios need and the bank savings have zero-to-minimal risk. 3-6 months worth of expenses. Beyond that, diversify na.

Insurance policies do not offer that kind of liquidity because the Account Value needs time to build up. Hindi po pure savings account ang Regular-Pay VUL. At never poposition na investment or savings account lamang. It is a Wealth Protection Asset, a Risk Management Tool with a bonus investment/savings component.

3. 𝑰𝒏𝒔𝒖𝒓𝒂𝒏𝒄𝒆 𝑷𝒐𝒍𝒊𝒄𝒊𝒆𝒔 𝒂𝒓𝒆 𝒏𝒐𝒕 𝒕𝒆𝒄𝒉𝒏𝒊𝒄𝒂𝒍𝒍𝒚 𝑻𝑨𝑿-𝑭𝑹𝑬𝑬. Taxes such as Documentary Stamp Tax and Premium Tax are embedded sa Premiums ng clients already.

Investment gains in VUL (though not taxed by the insurance company) is taxable as income once you declare it to your ITR.

Life Insurance proceeds are exempted from Income Tax but are subject to Estate Tax if the beneficiary is declared as Revocable. However, according to the Amended Insurance Code, “Notwithstanding the foregoing, in the event the insured does not change the beneficiary during his lifetime, the designation shall be deemed irrevocable.” Irrevocable Bene = No Estate Tax na

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Reminder that a good financial portfolio is composed of:

1. Risk Management Tools such as Wealth Protection Asset (Life Insurance, HMO, Health Insurance, Disability and Critical Illness Insurance), Emergency Fund
2. Growth Assets
3. Income-producing assets
4. Cash and Liquid Assets
5. Goal-specific investments
6. Tax and Estate Planning Instruments

So the policies po complement the totality of the portfolio. Hindi ibabash ang isa para sa isa. Complementary po. 👍🏻

Ang goal po natin mga kapwa ko Financial Planners ay hindi lamang makabenta kung hindi to spread Financial Literacy. Philippines is part of the bottom 30 out of 144 countries when it comes to Financial Literacy. Malayo pa ang ating kailangang trabahuhin.

Maging responsable po tayo sa ating tungkulin. Salamat!

💡 Emergency fund isn’t just a “nice to have”, it’s a “must have.”
Kasi ‘di naman nag-aabiso ang bubong bago tumulo, o ang motor bago masira. Minsan, bigla na lang… boom, gastos!

Whether it’s a surprise hospital bill, sira ang appliances, o kailangan ng biglaang house repair or car repair, mas okay kung may nahuhugot na ipon kesa mangarag at mangutang.

Start small lang! Kahit barya-barya, basta tuloy-tuloy.
Better to be ready than sorry. 💸

Building wealth starts small. Stay smart, stay consistent — the logic-driven way works. 💰💼

Happy (Financial) Independence Day! 🇵🇭

DID YOU KNOW?

💼 The term budget comes from the Old French word “bougette”, which means “small bag” or “purse.” 👜

Originally, it referred to the literal bag that held one’s money. Over time, it evolved to mean the plan for how money is taken out of that bag. Smart, right?

👉 So every time you create a budget, you’re actually making a plan for how to use your purse—or wallet—wisely.

💡 Smart Money Move: A well-thought-out budget doesn’t restrict your freedom—it protects your bag. It helps you spend intentionally, save consistently, and build the future you deserve.

🧠 Your money should work for you, not disappear from your bougette without a trace!

𝗖𝗵𝗶𝗰𝗸𝗲𝗻𝗷𝗼𝘆 𝗠𝗲𝗮𝗹 - 𝟯𝟵 𝗣𝗘𝗦𝗢𝗦?!😱
𝗬𝘂𝗺𝗯𝘂𝗿𝗴𝗲𝗿 𝘄𝗶𝘁𝗵 𝗙𝗿𝗶𝗲𝘀 𝗮𝗻𝗱 𝗗𝗿𝗶𝗻𝗸 - 𝟮𝟵 𝗣𝗘𝗦𝗢𝗦?! 😱
𝗕𝗮𝗸𝗶𝘁 𝗻𝗴𝗮𝘆𝗼𝗻, 𝗮𝗻𝗴 𝗺𝗮𝗵𝗮𝗹 𝗻𝗮???

That is inflation. 📈
Inflation is the increase of prices of goods and services over time.

Bakit may inflation?
💸 There’s too much money chasing too few goods (growing demand)
🏗️ The cost of producing goods goes up (e.g. oil, materials)
🌍 External shocks (like war, pandemic, or global supply issues)

Moderate inflation (2-3%) indicates economic growth but too high would hurt the purchasing power of an individual. 😣😣😣

Maiiwasan ba ang inflation? Sadly, hindi. It’s a natural phenomenon.

𝙂𝙤𝙤𝙙 𝙣𝙚𝙬𝙨? 𝙔𝙤𝙪 𝙘𝙖𝙣 𝙤𝙪𝙩𝙨𝙢𝙖𝙧𝙩 𝙞𝙩!
𝙋𝙖𝙖𝙣𝙤? 𝙄𝙣𝙫𝙚𝙨𝙩 𝙬𝙞𝙨𝙚𝙡𝙮 𝙖𝙣𝙙 𝙥𝙧𝙤𝙩𝙚𝙘𝙩 𝙮𝙤𝙪𝙧 𝙢𝙤𝙣𝙚𝙮’𝙨 𝙫𝙖𝙡𝙪𝙚 𝙬𝙝𝙞𝙡𝙚 𝙖𝙡𝙨𝙤 𝙨𝙚𝙘𝙪𝙧𝙞𝙣𝙜 𝙩𝙝𝙚 𝙢𝙤𝙣𝙚𝙮𝙢𝙖𝙠𝙚𝙧.

𝒀𝒐𝒖 𝒄𝒂𝒏 𝒂𝒄𝒉𝒊𝒆𝒗𝒆 𝑭𝒊𝒏𝒂𝒏𝒄𝒊𝒂𝒍 𝑭𝒓𝒆𝒆𝒅𝒐𝒎! 💸💸💸

The M.O.N.E.Y. Framework - an easy-to-remember formula in achieving Financial Freedom 🧡

Let’s use a logic-based approach to take control of your finances, protect your future and build real wealth! Wag mag-alala, it’s not rocket science 😉

𝑾𝒉𝒂𝒕 𝒊𝒇 𝒕𝒉𝒆 𝒌𝒆𝒚 𝒕𝒐 𝒖𝒏𝒍𝒐𝒄𝒌𝒊𝒏𝒈 𝒚𝒐𝒖𝒓 𝒇𝒊𝒏𝒂𝒏𝒄𝒊𝒂𝒍 𝒇𝒓𝒆𝒆𝒅𝒐𝒎 𝒘𝒂𝒔 𝒋𝒖𝒔𝒕 𝒐𝒏𝒆 𝒄𝒐𝒏𝒗𝒆𝒓𝒔𝒂𝒕𝒊𝒐𝒏 𝒘𝒊𝒕𝒉 𝒕𝒉𝒆 𝒓𝒊𝒈𝒉𝒕 𝒔𝒕𝒓𝒂𝒕𝒆𝒈𝒊𝒔𝒕 — 𝒂𝒓𝒆 𝒚𝒐𝒖 𝒓𝒆𝒂𝒅𝒚 𝒕𝒐 𝒇𝒊𝒏𝒅 𝒐𝒖𝒕?

Tara, usap tayo! 🧡