The Smart Spender

You can protect our family from financial difficulties due to uncertainties by having a life insurance that can protect your income.

Talk to your Financial Advisor now.

Are you financially healthy?

A Financial Plan is like a map that includes your short term and long term goals. It helps you determine your current position with reference to your goals.

Do you want to know more about Financial Plan? Talk to a trusted Financial Advisor now.

Don’t delay!

You deserve it.

2022 performance of life insurance companies based on new business (unaudited).

Source: Insurance Commission website.

If you buy things you do not need, soon you will have to sell things you need --Warren Buffet

Establish how much you need to save each month, and save that much. Every single time. No excuses.

Eat Bulaga showed a clip of Incess, a mom who cried for her child, but not for the right reasons.

Incess: “Ace, sana mag-aral ka nang mabuti. Dahil alam kong ikaw ang makakaahon sa amin sa kahirapan.”

Maine: “Bata pa si Ace, huwag natin ipasa sa kanya ang responsibilidad.”

Now this is not another post to shame her, because in reality, Incess is not the only one with this mindset. In fact, Incess might also be a victim of a sad mentality that was also passed down to her by her parents and society.

What we saw on national TV was a case of “The Sandwich Generation” - where people are expected to provide for their kids AND their parents leaving them in between of burdens and responsibilities.

When I talk about the sandwich generation in my seminars, I have seen many participants cry.

You can see the burden they are carrying as they are obligated to support their parents even if the parents are still capable of working.

The keywords here are “obligation” and “capable.”

Before I continue, mahirap tibagin talaga ang sandwich generation. Naipasa na yan from one generation to the next, which is one of the sources of Poverty in the Philippines.

One more thing, hind ko sinasabing huwag tayo tumulong sa pamliya natin. We should! Lalo na kung may emergency. At kung ang mga magulang natin ay matanda na or nag iisa na lang sila.

But we should do it out of love, not obligation.

Kultura nating mga Pinoy na obligado tayong tumulong sa mga magulang natin kasi sila ang nagpalaki satin, nagpaaral satin, at nagpakahirap para satin.

Kaya kapag nag-asawa ka na… ang hirap! Mahirap na, maghihirap ka pa lalo kasi kung si mister su-support sa pamilya niya, si misis su-support sa pamilya niya, ilang pamilya na sinusuportahan niyo?

Hindi dalawa, tatlo na. Kasi may pamilya ka rin.

Pero imbis na matutukan natin ang pamilya natin, inuuna pa natin yung iba - ang mga magulang natin na inoobliga tayo sa mga responsibilidad nila.

Maliit pa lang yung mga anak, ang bibigat na ng responsibilidad na bitbit bitbit ng mga bata.

It’s a false burden na kahit pag laki niya, dala dala pa rin niya habang buhay.

We hear stories of people who became the breadwinner of their families and came out successful. But for every story like this, how many thousands of stories turned out worse?

The help we give our families should be done out of LOVE and not out of obligation.

And as parents, let’s help our children by making sure they have enough to support their own future families. It’s time we break the Sandwich Generation.

- Jayson Lo

I advocate getting insurance first over investments if you have people depending on you. Are you an OFW supporting a family back home? Are you the breadwinner of your family? If you are, then life insurance is vital for you. You are your own greatest asset, and if something unfortunate happens to you, what will happen to your dependents – your children, your spouse, your aging parents?

Instead of keeping a budget, create a Conscious Spending Plan by splitting up your income into four categories; Fixed costs, Long-term investments, Savings, and Fund fund.

By allocating your money this way, you can make sure you have enough to pay off all your responsibilities first. Then, any money left over can go towards your savings goals and everyday spending.

Your Guilt-free spending fund allows you to buy what you want while knowing that your most important expenses are taken care of.

Make self-care one of your priority this 2023! Check out these daily habits that will improve your mental health.

Before the new year starts, are you already set with the goals you will aim for?

How was 2022 for you? Were you able to reach your goals? Press on!

Do not be deceived: “Bad company ruins good morals.”

1 Corinthians 15:33, ESV

Whether it is for travel, paying debts, or securing your first home, life insurance with investment can help you with these goals.

Contact your financial advisor today.

Experience life! Have a great week ahead!

Always remember the 7 days money rule..

And if you're up for some free learning KaTGFI, join us this November 26, 2022 Saturday as we bring to you the Be Your Own Boss Conference.

Register for FREE lang dito https://tgfiph.com/bybcon2022/

You can update your beneficiaries to a life insurance policy but here are several points to remember.

For details, contact your financial advisor today.

Let me leave you with an awesome advise written thousands of years ago: “Go to the ant, O sluggard; consider her ways, and be wise.”—Proverbs 6:6, ESV

Have you found “the one?” That life insurance policy that fits your goal.

Here are some tips on how to find the perfect policy for you and your beneficiaries.

Let go of the doubts and focus on the brighter future that awaits you. We believe in you. Believe in you. 💛

Five more days until our Parenting 101: Teaching Kids About Money webinar!

Register now and learn how we, parents and future parents, can educate our children about finances.

Register here: bit.ly/parenting101slf

Salute to all our Heroes!

The commitment to have a life insurance policy is important. Make sure to read your policy before signing up. Losing or not buying life insurance may not ruin your life but it can certainly affect the people you are buying it to protect.

Source: https://www.investopedia.com/articles/pf/08/five-insurance-mistakes.asp

Indeed, positive thinking can change your life. Studies have shown that positive thinking helps you live longer, reduces loneliness and more. Here are some ways to fully embrace the power of positive thinking.