The Adulting Club PH

We can never do everything in one try, but we can always do something one at a time. Success isn't an overnight thing. Life isn't a race of who got this first or who had that last, it's about making the journey meaningful and purposeful for us and the others as well. We humbly begin and we finish big--we become winners. However, a loser is not someone who didn't achieve what he wanted after experiencing all the hardships, but someone who didn't give a shot from the very start. What are you then?

Have a BRIGHTER week ahead! 🌞

SAR 005: Money matters but it isn't everything!


Good thing is, money can be a tool for us to have that peace of mind. And by "peace of mind", I mean, worrying not about lifestyle degredation and brooding not over the needs of the family in the future when we are gone, while dwelling in the present in a carefree (but smart) way. Save, invest, be insured--learn the basic of adulting. 🌞

[💯 SMART ADULT]

Monday Motivation, perfect for the first day of March 2021: Take it from this American business magnate himself, we should do what we love in order to be great. However, there is one thing that a mentor told me when I was at that near point of quitting, some words of wisdom that left a lasting impact on me--"as long as you are here, be here". We can also learn to love what we currently do and deliver quality outputs. But whatever we choose, I say, we must ensure that we achieve genuine happiness in return.

Have a BETTER and BRIGHTER month ahead! 🌞

ADULTING 101: Never be too lazy in building a legacy.

Reflect on this first theoretical question:
Kapag malapit ka nang bumalik sa piling ni Lord, ano ang mas gusto mo—ang pag-agawan o ang pagpasa-pasahan?

This is very common. Dalawa lang naman kasi talaga ang pwede nating maranasan when “our time” comes nearer. 1. It’s either pag-aagawan tayo ng mga kamag-anak natin kasi alam nilang may maiiwan tayo sa kanila kapag wala na tayo, na madalas ay nakapende sa kung paano ang naging trato nila sa atin. 2. Or pagpapasa-pasahan tayo kasi wala naman silang mapapala sa atin, maliban sa pagiging dagdag sa mga gastusin nila (unless nabiyayaan tayo ng mababait na kaanak). Both are sad truths, but that’s the reality. You choose!

Reflect on this second theoretical question:
Kapag nakabalik ka na sa piling ni Lord—sino ang mas gusto mong maka-transact ng mga kamag-anak mo—ang mga naniningil ng tax o yung agent ng insurer mo?

Estate taxes. Akalain mong may babayarin pa rin pala tayong buwis kahit na wala na tayo sa mundong ibabaw. The good thing is, if we opted to be insured nung malakas at kaya pa nating kumayod, o kung nag-ipon na tayo nung kabataan pa lang natin, most probably ay wala na tayong poproblemahin. Ito rin kasi yung panahon na yung lifetime financial advisor natin ay may dalang good news! May dala siyang tseke (check) sagot sa mga usaping-pinansyal ng naiwan nating mga mahal sa buhay. Syempre mas gusto nating lahat yung pangalawa, diba? Nakakahiya naman kung mga gastusin o 'di kaya ay utang ang mamanahin ng mga mauulila natin.

Well, awkward kapag pinag-uusapan ang ganitong topics but that's how life works e. Lahat naman kasi tayo ay darating sa puntong iyon. Yun nga lang, hindi lahat ay pare-pareho ng iiwang legasiya or worse, kung may maiiwan bang legacy.

At any point in time, ang tanong...handa ka ba?

Nasaang stage ka na? Sa mga nasa second stage, how do you maintain that level of personal finance? Are you sure na mayroon ka nang sapat na ipon for your golden years? 🌞

~ CEO and Founder of The Adulting Club PH

CTTO: No One Cares

Truth of life. 🙂

SAR 004: Know the basic and everything will follow!


We are not all accountants but that doesn't mean we can never know how to properly handle our personal finances. Actually, marami rin sa amin ang magaling sa pag-a-account ng pera ng iba pero when it comes to own accounts, wala na. That gives us equal opportunities to be a step ahead from those na binabalewala ang value ng financial freedom. Financial coaches could also guide you, so pag may nag-ask, grab the opportunity. Wala namang mawawala sa'yo. 🌞

[💯 SMART ADULT]

~ CEO and Founder of The Adulting Club PH

In the business world, we already have familiarized ourselves with this line: "the higher the risk, the higher the return". But this also is applicable to life in general. We were taught to dream big, and this comes with us taking a big step towards its realization. We never lose in trying, instead we learn. Yet life is full of uncertainties, there will surely be pains and problems, but our greatest weapon will always be "preparation". We may not know what to prepare for, but we can always make ourselves physically, mentally, emotionally, spiritually, and financially ready for whatever comes our way.

Have a BETTER week ahead! 🌞

ADULTING 101: We should NOT just grow old, but free.

When did you ever think you wanted to retire?
Or when will you want to retire?

But the bigger question is: ARE YOU READY TO RETIRE?

Most of us ay nagtatrabaho upang may mapagkukunan para sa pang-araw-araw na gastusin—pansarili man o pamilya. But we fail to think of until when are we going to be like this. Karamihan sa atin wala ito sa plano kasi ang mindset, habang nabubuhay ay kailangang kumayod para patuloy na mabuhay. Yung iba naman ang sabi ay magreretire when they reach 65, some 55, or even 40 kung kaya. Well, the good thing is, at any age naman pwede tayong magretiro sa day or night jobs natin, IF AND ONLY IF we already have the means to supply for whatever our needs be in the remaining years of our life.

Ideally, we should be enjoying our “golden years”. Ito yung mga panahong hindi na tayo nagtatrabaho at nagpapakasasa na lamang sa katas ng pinaghirapan natin ng ilang taon. Dito natin pwedeng gawin kung ano man yung mga hindi pa natin nagagawa, o magdiscover ng mga bagay na pwede pa pala nating magawa—yun ay kung kaya pa. Let’s all be free when we grow old! Yun bang wala nang ibang iisipin kundi magpakasaya na lang sa mga nalalabi nating oras sa earth.

Paano?

Simple lang naman. Magtanim ngayon nang may maani kinabukasan.

Save and Invest!

Insurance is also a great option especially sa youngsters out there na nasa workplace ngayon. Choose a plan that could cater your retirement needs. I personally recommend having a VUL policy which is an investment-linked insurance plan. Win-win ka dito kasi aside from being insured, may part din ng binabayad mo na mapupunta sa investments so it could accumulate overtime (though dependent pa rin sa performance ng market). Actually hindi lang naman ito exclusive for retirement, pwede ring gamitin ang maiipong pera for education and other life milestones.

I got mine when I was 23 at isipin mo kung magkano ang return nito pag tumanda na ako, say like 20 or 30 years from now? Sulit ang GOLDEN YEARS!

SAR 003: Prepare for the future!


We can never go wrong when we are prepared, well most of the time. By preparing, we open ourselves to challenges knowing that we could overcome them all. In the end, all that we wanted is to raise our flags as winners, don't you? 🌞

[💯 SMART ADULT]

~ CEO and Founder of The Adulting Club PH

We all wanted to be financially free but the process requires some hard work especially when we are just starting. If there's one thing that I learned from this stage of "adulting", it is not just to keep track of my finances but to take some action. This quote from this investor and business tycoon says a lot.

Have a BETTER week ahead! 🌞

ADULTING 101: Prepare now to live your dream life tomorrow.

SAVINGS.

This is not new. Kahit nga bata pa lang, may idea na tayo kung ano ang halaga ng pag-iipon. Nag-iipon tayo para mabili yung mga gusto nating pagkain, damit, o sapatos, makapanood ng sine, o makapagbigay ng simpleng regalo para sa mga mahal natin sa buhay lalo na pag may okasyon.

But as we grow older, baon pa rin ba natin ang mindset na ito? Mag-iba man tayo ng priorities, saving should not be taken away from the list or else, we could suffer when something unexpectedly happens someday. Kaya naman, it is recommended for us na magkaroon ng emergency fund of at least 6x of our monthly salary para may magamit tayo while there is no flow of income.

INVESTMENTS.

But if you want to level up, then you could choose to invest. Pag nasa bangko lang kasi yung pera natin, malaking kalaban ang inflation. Yung pera natin ngayon, after how many years, hindi na ganyan kalaki ang value gawa ng nagsisitaasan ang presyo ng mga bilihin.

Investing can be in many forms: pwede kang bumili ng bahay o lupa or both, pwede kang mag-aral, or kung maalam ka like me, pwede mong pasukin ang stock market lalo na ngayong panahon ng “black swan”. Pero as a starter sa market, pwede ka munang kumuha ng insurance plan na may kasamang investment which is called Variable Unit Linked or VUL plans--hitting two birds with one stone ika nga kasi may investment ka na, insured ka pa!

Now, ask yourself:
Kelan ko ba masasabing kaya ko na?
Hinihintayin ko ba munang masagot yun bago magsimula?
Paano kung hindi na dumating sa akin ang araw na iyon?

So your best choice of action is: START NOW!