IMG Financial Literacy 2021

𝙒𝙃𝙊 𝙒𝘼𝙉𝙏𝙎 𝙏𝙊 𝘽𝙀 𝘼 𝙈𝙄𝙇𝙇𝙄𝙊𝙉𝘼𝙄𝙍𝙀?
We all want to be millionaires, but most don't know how.
There are two ways to become a millionaire:
1. Build your own business
2. Be an investor in big businesses in the Philippines
Most Filipinos try to build a business but not everyone becomes successful. If your business didn't run good, it's better to partner with big businesses across the Philippines.
Here are three ways if you want to achieve your first 1 Million in 20 years:
1. SAVINGS ACCOUNT - almost all of us have a savings account in the bank where we put the money saved. We often put here because we think it's safe because there's a guard and covered in PDIC, but when talking about retirement fund, it shouldn't be placed in the bank. (Saving a P 4, 167 per month consistently for 20 years will give you P 1,000,000.) The profit is very few.
2. MUTUAL FUNDS - one of the best investment vehicles for beginners and don't want to study the stock market. MF is the best vehicle to grow your hard earned money, but your goal should be longterm. This is not an instant earnings. You are investing here so that when the time comes, you won't worry about the money. (Investing of Papat, 000 per month consistently for 20 years will give you P 1,000,000.)
3. KAISER SAVING PLAN - maybe you've heard it but you just ignore it. Kaiser International Healthgroup, Inc. is the only healthcare company in the Philippines with Longterm Healthcare. (Investing of P 5, 882 per month consistently for only 7 years will give you P 1,166,168.)
What's the difference between Short Term Healthcare and Long Term Healthcare?
Short term healthcare is traditional healthcare which you pay yearly for a certain coverage. When you get sick and hospitalized, you can use something, you don't need to release money from the hospital, you just need to present the healthcard. But example of not getting sick is just wasting the money paid for healthcare coverage. That's why usually thinking ′′ I HOPE I GET SICK SO I CAN USE MY HEALTHCARE ".
Long term healthcare is not just healthcare, it comes with Life Insurance and Investment. Like short term healthcare, you also pay premiums like monthly, quarterly, semi annual and annual. If you get sick, you can use something. If the Lord takes it right away, you will have Insurance and the family will receive instant money. If you have a long life, you will have money in the future because the one you are dropping is just saving and growing, money is no longer your problem when you grow old.
For achieving your first 1 MILLION.
What way would you do?
1. Savings Account?
2. Mutual Funds?
3. Kaiser Saving Plan?

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Health is the real wealth. Today many people die due to poor health and no healthcare plans. The best way right now is to invest in your health. Investing in health shows that you love yourself and your family. Don't waste time spending your money to something that you will regret later in Life!

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Congratulations Felmz. IMG Blue Pin Awardee during the Holiday Awards 2020 Convention. Keep up the good works of helping others become financially educated and financially independent.

BLUE PIN IMG Campaigner Awardee for delivering the IMG mission of helping people become financially educated!

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