Charlie Chang: Financial Coach

ADVICE from Warren Buffett

1. STAY away from credit cards & invest in yourself.

2. LIVE your life as simple as you are.

3. DON'T do what others say, just listen to them, but do what you feel good.

4. DON'T go on brand name; just wear those things in which you feel comfortable.

5. DON'T waste your money on unnecessary things; just spend it on what you really need.

6. DON'T give others a CHANCE to RULE your LIFE, it's yours to live after all.

& tips:

Plan (and Save) for Retirement

Retirement may seem like a lifetime away, but it arrives much sooner than you’d expect. Experts suggest that most people will need about 80% of their current salary in retirement.

The younger you start, the more you benefit from what advisors like to call the magic of compounding interest—how small amounts grow over time.

Find an investment vehicle that will make your money work for you

& Tips:

Create an Emergency Fund

It’s important to “pay yourself first” to ensure money is set aside for unexpected expenses such as medical bills, a big car repair, rent if you get laid off (which is the case mostly nowadays), and more.

Ideally, six months' worth of living expenses is a good safety net. Once you’ve filled up your “rainy day” fund (for emergencies or sudden unemployment), don’t stop. Continue funneling an amount towards other financial goals such as a retirement fund.

Saving & Investment Tips:

Create a Budget or Financial Worksheet

It is essential to living within your means and saving enough to meet your long-term goals. The 50/30/20 budgeting method offers a great framework. It breaks down like this:

50% of your take-home pay or net income (after taxes, that is) goes toward living essentials, such as rent, utilities, groceries, and transport

30% goes towards the future: paying down debt and saving both for retirement and for emergencies

20% is allocated to lifestyle expenses, such as dining out and shopping for clothes.

“Fail to plan, you plan to fail”

This is the same with failing to plan for your future (retirement), you plan to fail, and be dependent to your kids and loved ones.

Be a blessing and not a burden. Start preparing for your future now 🙂

Send me a message for an Online Financial Coaching now

In these time of a pandemic, know your financial signal lights :)

Client: I am covered for P2,000,000 right?

Me: Yes sir.

Client: So when will I receive the P2,000,000?
If I finish paying after 10 years, will I receive the P2,000,000?

Me: No sir. The fund value is yours. However, you will never ever receive the face amount in your entire lifetime.

Client: Ay, so panget pala. I will pay for something that other people will enjoy. Di ko din naman pla magagamit.

Me: (Trying to hold my composure. Breath In Breath Out) Sir do you send your kids to school?

Client: Yes of course. My youngest is still in College.

Me: You should stop sending them to school.

Client: Why?

Me: Because you are paying for something you will never use. Anak nyo lng tatalino dahil sa pagpasok nya sa school. Di mo din magagamit. Di ka din tatalino. You are paying for something that other people will enjoy.

That is actually how insurance works. That "Other People" you are saying are the people you love, your family. Would you not want to give something that would benefit them?

Client: Now I get It.



CTTO

MerryMart Consumer Corp. ($MM), tycoon Edgar Ïnjap” Sia’s foray into the grocery and supermarket, is set to debut in the PSE today. It’s the first company to list this year and it’s raising Php1.6 billion primary shares at a price of Php1.0 each. Are you participating? :)

MerryMart to List Today MerryMart Consumer Corp. ($MM), tycoon Edgar Ïnjap" Sia's foray into the grocery and supermarket, is set to debut in the

What’s going to happen to the Philippine Economy now? Almost everything has changed the last 3 months. Be empowered by knowledge!
We bring the second part of our series on “Our Way Forward”. This time, let’s take a look and learn about the real economic picture of the country.
This event is exclusive to HYPERION NBO VIPs, by invitation only!
RESERVE A SLOT NOW! Zoom URL will be provided to invited guests only upon registration.

Want to be like Piolo?

PM me and let's discuss your options 😊😊

Thinking of investing?

Here are 5 basic things to consider from a Financial Coach:

1. Household budget - keeping a financial worksheet to allocate and monitor your cash flow is important

2. Get debt free - pay off your short term loans at the earliest, if you have any. Avoid unnecessary debt, live within your means

3. Have adequate protection - life is full of uncertainty, it is crucial to have a life insurance and income protection

4. Emergency Fund is a must - 6 months worth of your monthly expenses for times like this; that your job/income may be unstable

5. Expand income streams - find new ways to earn through active and passive income, take advantage of the world wide web

“Games are won by players who focus on the playing field – not by those whose eyes are glued to the scoreboard.”
- Warren Buffett

ECQure na natin yung future mo!

✅TODAY IS THE BEST TIME TO START YOUR VUL (INSURANCE + INVESTMENT)!

💡Here are our Life's essentials and basic necessities:
1. Protection (if may mangyari sayong masama like death, your beneficiaries will get a guaranteed living benefit. Ofcourse ayaw naman nating iwan sila ng may utang diba po?)
2. Medium to Long term Goals (this is the specific needs ng mga tao kaya tayo nagiipon. Let say for a wedding, buying a car, buying a house and lot and etc.)
3. Education (Ito naman po yung isa din sa priority needs ng isang tao lalo na ang mga parents para sa future or pang college ng kanilang mga anak)
4. Retirement - hindi po sapat ang retirement benefit na makukuha natin sa SSS and Pag-ibig na makakapagsustain po ng everyday needs mo kapag matanda kana kaya kailangan paghandaan din talaga yung retirement fund mo, in reality po kasi diba karamihan po sa ating mga Pilipino is umaasa sa mga anak natin for our retirement eh madalas po hindi naman na din priority yung mga matatanda sa pagbudget ng expenses ng isang family since meron na din silang sarilinh family)

💡Basically meron din tayong need iconsider sa pagpili ng best Life Insurance:
1. Credibility of the insurance company (Sunlife is the pioneer of VUL in the philippines)
2. Low Premium Pay (For as low as 1,500/ month premium payment you can have your own life insurance with investment na kasama - VUL)
3. Investment (SunLife has professional fund managers na naglalagay ng money natin sa big and stable companies para maggrow pa ito to its maximum potential)

So, kayo po anong life goals nyo? Let me help you thru Financial Planning. 🌞

ctto: Chris Topher

Financial Planning Forum via Zoom. Learn how to save, earn and take advantage of this ‘new normal’. Conducted by the best speakers in the country when it comes to Money Management.

Send me a message to get your FREE slot

Adapting to the ‘new normal’. Staying focused in our advocacy to educate and securing lives of our fellow Filipinos. This pandemic and unprecedented event will not hinder us from our passion and goals.

Having a clear idea of where you are and where you want to go financially is an important first step.

Start your journey to a worry-free future for you and your loved ones. Send me a message for a FREE Financial Coaching session today.

The lockdown can’t stop us from securing your financial future!
Good news! For your safety and peace of mind, you can now avail of Sun Life insurance and investment solutions through a Sun Life Advisor without leaving the comforts of your home.
It’s our way of helping you stay protected from financial risks, especially in these times of uncertainty. To find out what brighter solutions we have available for your financial protection, just pm and say “I’m ready”.





“The past cannot be changed. The future is yet in your power”

NO MEET-UPS NEEDED! 💛

📣You can now start your health protection, insurance and investment plan without leaving the comforts of your home. Send me a message now and let's talk about achieving your future goals ONLINE.☀️

🧑🏽‍💻www.facebook.com/charliechang.ph

Which company takes this to market first?

A quick read on why having an Emergency Fund is of utmost importance in your finances.
⬇️
Let me guide you by sharing with you a Financial Worksheet that can help you manage, allocate and budget your finances.

The Coronavirus Outbreak Makes an Emergency Fund More Important Than Ever The coronavirus pandemic could last a while. Make sure your emergency fund is big enough to see you and your family through these difficult times.

Thank you who are facing the outbreak first hand and are essential workers during this time. Thank you for your perseverance and strength to work through the coronavirus pandemic. Much respect and keep safe always!

Philippines life insurance firms can meet COVID-19 demand: industry head Life insurance companies in the Philippines have enough capital to ride out the coronavirus epidemic, the head of an industry group said Thursday, as he advised consumers to check what benefits come with their current policies.

Adapting to the current situation:
I've started to provide value through FREE Financial Planning Session ONLINE via Zoom Video Communications. Send me a message to book your slot now.

I will also share with you a copy of your personalized Financial Worksheet based on your cash flow so it will serve as your monthly guide to stay on track with your financial goals.

Note: Limited slots, don't miss out!

PSEi: The Market opened in GREEN STATUS! Is this a Sign Of Reversal? Thoughts? :)

PSEi as of 10:30am is at 5970+ levels 🔥
PSEi just broke the 6000 support back in 2016.

Our next major support is at 5500 which was back in 2013.

Should this happen, it means that prices of Index stocks (Top 30 Stock Companies in PH) will be priced way back in 2013- that's 7 years ago worth of SALE!!

You have 4 Options:

Option 1: Optimistic investors will start entering today buying great companies that will outlast the Covid issue

Option 2: Stay on the sideline and wait for the major support to maximize more returns

Option 3: I totally have no idea, I will find an advisor to help and guide me on my investments

Option 4: Manunuod na lang ako, wala naman akong alam diyan 😂

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What’s your option? 🤔

CTTO: Jay See

Day 18/66
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“Rest if you must, but never quit”
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Day 17/66
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Forget about the past failures and misses. Tomorrow is a new day, start fresh and start strong. Don't let the past determine your future, keep going and keep improving.
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Day 14/66
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Like the ripples on a pond, your life influences others, who in turn influence others, and so on. Down through generations, the influence flows. As time goes on, that influence tends to fade, but there are always ripples. Will your ripples help others, or will they harm them?
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