investment, life insurance, Personal Finance, Uncategorized

How to Prioritize Saving Money

How to prioritize saving money

Saving money is not easy but it can be done. You just have to have a purpose why do you have to save. Saving money can bring you to Financial Independence because you can create a Financial Plan for you to achieve your financial goals in life. Saving is your foundation to grow your money for your future needs because you will have an opportunity to invest.

Let me just share with you how I save money effectively. Don’t be bothered if how much money you can save at first  because it is more important to create a habit. I use the idea of allocating my money to different categories every time I earn money, it is known also as Envelope System but with me I don’t use envelope, I use clear book which I create categories where I put money on its plastic pages. I just use paper and write what is that category and take notes of the date every time I put money on  a particular category.

Here are some of the categories that I have in my clear book:

1.Giving
2. Savings
3. Life Insurance
4. Investment
5. Grocery
6. Daily Expenses(Transpo,food,etc)
7. Education
8. SSS Loan
9. Tax
10. License fees Savings
11. Load Expenses
12. Miscellaneous and others

Here is the clear book that I use and some of the categories that I have in my clear book. I take note of the money that I put to some of the categories so that if I reach a certain amount, I will transfer it to the bank, life insurance and to the mutual funds.

20170507_231127.jpg

20170507_230351.jpg

20170507_230816.jpg

20170507_230913.jpg

You can create your own categories based on your priorities and financial stage situation every time you receive your income. But for me, my priorities  are Giving,Savings,Life Insurance,Investment and SSS Loan. Everytime I receive an income from the Lord’s blessing, these are the top 5 that I have to prioritize first. I stick to my budget plan,it is really different if you spend only within the budget. I find it addicting to challenge myself to be frugal most of the time. I live a simple life and I prefer not to buy branded items but at the same time I feel happy and enjoy life as well. My budget allocation can be adjusted if I have short term goals that I need to buy or if I have emergency expenses. Some of the categories will be lesser because it has to go to other categories but I never sacrifice my Top 5 priorities. The percentages of my top 5 priorities from my income ranges from 10%-12% each.

You can do this as well because you will know where your money must go before you spend. You will notice when you start a habit of prioritizing saving money first,you can now also allocate money for your life insurance, and investment. You have to understand that when you receive an income,it is wiser to focus on assets than liabilities.You have to grow your networth, it is not really how much we earn but it is how much we save and invest. You are your own corporation, where your money goes can make you bankrupt or prosper in the future, so if you have not started to create a habit of saving,it is the best time to start soon.

Thanks for reading my blog.

Archie M. Yuki
Financial Planner,Investment Consultant and Insurance Specialist.
4th floor Karina Bldg., No. 33 Shaw Blvd. Pasig City
Tel No. 571-3274
Mobile Number. 0917-5769607, 0923-4941362
Email Address: archieyuki30@gmail.com
Uncategorized

Why not VUL?

VUL

I first encountered the idea of creating a Financial Plan in August 2010. I was really impressed by the idea of saving money, insuring and investing money for me to achieve my financial goals in the future. I did not know anything about it and when I understood it, I was hooked. The first plan that I had was a traditional life insurance, which had  a life insurance coverage of Ph300,000 which had cash value that I can loan.

Later on, as I studied more about Financial Planning, I learned Variable Unit Linked(VUL). It has Life Insurance and Investment. I was really amazed by the idea of insuring myself and at the same time my money can grow either in Stock Market,Money Market, or Bonds. It makes easier for me to participate on different investment vehicles which can help me to grow my money for my future needs while insuring myself at the same time.

As defined by ANC:

FB_IMG_1465253888145

I find it cheaper and convenient in the long run compared if I buy term insurance and invest the difference.  It pushes me to be disciplined that I always put money to my VUL. It helps me to focus on one financial product that has 2 benefits already. I think the problem with buy term insurance  and invest the difference will make you spend the difference than you invest it. Knowing that in our culture that we tend to spend than to save and invest and most of us do not have a discipline.

I have 2 policies of VUL now. One is regular premium payment which gives me  a life insurance coverage of Ph1M, a dread disease fund of Ph300,000 and it has an investment component that will make my money grow and the second one is a One-time pay VUL that is focused on investment which has minimal life insurance coverage.

For me, getting a VUL is a good stepping stone for me to create a habit that I regularly put money and it can grow long term while insuring myself. With this saving habit, I can also diversify to different financial vehicles that I can grow my money. Growing my money in stock market will help me to achieve my financial goals in life  but if I die soon, my family can be taken care of without me.

So, why not VUL?

Archie M. Yuki
Financial Planner,Investment Consultant and Insurance Specialist
4th floor Karina Bldg., No. 33 Shaw Blvd. Pasig City
Tel No. 571-3274
Mobile Number. 0917-5769607, 0923-4941362
Email Address: archieyuki30@gmail.com
Uncategorized

How To Start A Financial Plan

financial-planning

Starting my Financial Plan is one of the most important decisions that I made to achieve my financial goals in the future. Let me just share how to start a financial plan. It is so easy to go through the process. Here it is:

1. You have to meet in person with a Financial Planner,so that you can be assessed if what will fit your financial goals in the future.

2. Decide what amount you can start based on the recommendations of the Financial Planner.

3. Fill out the application form which the Financial Planner can assist you.

4. Submit 1 photocopy of a valid ID with your signature like TIN,SSS,Driver’s license, UMID,Passport Etc.

5. Submit the initial premium or payment for the application to be processed. You will be given a provisional receipt.

6. It will take 1 day to 5 days for the company to process your application depending on the Financial Plan you choose. The company will advise if you have to undergo a medical exam or your policy will be issued already. If you will have to go to medical exam, it will be free but if you have an exisiting condition of your health, the company will require you for further tests at your own cost.

7. If your policy is approved, it will be delivered to you by your Financial Planner or it can be sent to your preferred mailing address.

8. You can enroll an auto debit arrangement with the banks like BPI,BDO,Metrobank,Unionbank, and Landbank so that for the next payment of your regular premium financial plan will be convenient for you. You don’t have to go to their office or to a bank to settle your premium.

9. Your financial needs always change so make time to meet with your Financial Planner at least once a year for you to review and update your financial plan and they are more than willing to assist you.

That is it! These are the steps for you to start your financial plan. Once you started it, you have to be consistent on paying your Financial Plan for you to achieve your financial goals in the future. This is the product that you will not regret buying because you know sooner or later you will benefit from it.

Archie M. Yuki
Financial Planner, Investment Consultant and Insurance Specialist
4th floor Karina Bldg., No. 33 Shaw Blvd. Pasig City
Tel No. 571-3274
Mobile Number. 0917-5769607, 0923-4941362
Email Address: archieyuki30@gmail.com
Uncategorized

Invest with Goals

invest with goals

 

It is important that you have to know your goals when you invest. With goals in mind,you will work for it until you achieve  it. Achieving financial goals for your yourself and your family are something that we look forward to, that is why we work hard for it. Investing your money can help you to achieve your financial goals in the future because your money can work for you.

I’m a big fan of investing in Stock Market particularly investing long term which you will win. In stock market, you can position your financial goals for you to achieve it and it is possible. You just have to know what you would like to achieve when you invest in Stock Market be it your Retirement Fund,Travel Fund, Business Fund and etc. Your goal should be SMART(Specific,Measureable,Attainable,Realistic and Attainable) for you to work it out.

Let’s say you set a goal of achieving a college Fund for your child after 10 years and you want him to study in a good school. Let’s assume that you need Ph1,000,000 on the 10th year for your child to finish a 4-year course. Wow! Ph1M for a child to graduate? Yes it is, this is a conservative assumption only after 10 years because of inflation or the rise of the price. Assuming that every year the tuition fees will increase on the average of 10% per year. I have not included yet the transportation allowance,books, allowance, food , load allowance, load, laptops, etc.

If you save money in the bank for you to reach Ph1M after 10 years, you have to set aside ideally Ph100,000 per year but if you invest in Stock market for you to reach Ph1M on the 10th year on the assumption that it earns 8% per year on peso cost averaging, you will only save Ph70,000 per year or Ph17,500 per quarter you can have Ph,1,014,059.37.But if you save Ph70,000 per year in the bank, your money will be only Ph733,112.88.

See illustration:

savings in the stock market

Now, which one can help you to save more money and earn you more money for your future financial goals? Definitely,you will win in investing. Now, what if in investing in stock market gives you an average annual return of 14% which had happened in the last 10 years? You can achieve more than Ph1M which you can use for other expenses for your child’s education.

Your goal should be clear for you to work it out. You should understand the reason why you are investing in the first place that is why you are willing to sacrifice something now for you to gain more in the future. Even though the stock market goes up and down, you will still to invest consistently because you are after the long term benefit. You need also to to talk to a Financial Planner to guide you if which kind of investment fits you for you to achieve your financial goals in the future. As they say, a goal without a plan is just a wish.

Thank you for reading my blog, I hope that you learned something today. Let’s start to invest with goals.

 

 

Archie Yuki

Financial Planner, Certified Investment Solicitor
4th floor Karina Bldg., No. 33 Shaw Blvd. Pasig City
Tel No. 571-3274
Mobile Number. 0917-5769607, 0923-4941362
Email Address: archieyuki30@gmail.com
Uncategorized

Are you properly insured?

 

A lot of us are making fun about getting Life Insurance. We think that we need life insurance only when we are going to die and we think that it is an expense. Ironically, we need life insurance when we are young and healthy because we don’t know when we are going to die and if you get life insurance when you are old and sick most likely you will not be approved.

Having a life insurance is not enough but you have to know if you are properly insured. It should be part of your financial portfolio. How would you know if you are properly insured?

In my client’s case,she has extended family. She supports her Mother, Sister and a Special Brother as his father passed way already. Every month, she spends on the average of Ph10,000 for all the expenses for them. Now, she spends Ph120,000 per year. Now, how would you know if how much  life insurance she should have if death comes?

Ideally, she should have at least 10 times of her annual expenses for her dependents. She should have at least Ph1,200,000 life insurance coverage so that if death comes her family will still get a budget of Ph10,000 per month for the next 10 years. This death benefit can be used so that her dependents can adjust for the next 10 years and will not be left in poverty.

My client is saving only Ph100 per day for her to be protected and at the same time her money is earning because after the charges of cost of insurance and admin charges it will be invested in pooled funds. She is setting aside Ph36,000 per year on a Variable Unit Linked.

With Ph100 per day savings can make her insured of Ph1,200,000 with her age of 28 until age 99. The good thing about Variable Unit Linked, it has investment component that can grow from 8%-10% per year on long term. She can have a premium holiday of 10 years only, meaning she can stop putting money in 10 years only.

 

While working hard for her family,she has peace of mind that if death comes she knows that her family will be financially stable for the next 10 years but because her insurance policy has investment in it, her family can receive more than Ph1,200,000 but if she will live long, she can  achieve her financial goals for her family.

Let’s say if she dies at age 40 her family will receive the guaranteed death benefit plus the fund value if it earns 10% per year. On the assumptions of earning 10% per year ,life insurance would be Ph1,200,000 plus Ph620,398.13 with a total of Ph1,820,398.13. But if she will live long until retirement at age 60, her money would have grown to Ph4,831,067.45 which she can use for her retirement and she is still insured with Ph1,200,000. This is what the Variable Unit Linked can do for the policy holder who just save Ph100 per day.

Now, you can now assess yourself if you are properly insured or not. You can check your expenses that you provide to your dependents and imagine if you died yesterday,do you think they would  be financially stable when you would be gone. Get life insurance not because you are going to die but get life insurance so that your family will not be hungry when you are gone.

I hope the you learn about insuring yourself properly. If you want to know more about insuring yourself and at the same time growing your money, you may reach me.

Thank you very much.

Archie M. Yuki
Financial Planner,Investment Consultant and Insurance Specialist
The Insular Life Assurance Ltd.,Co.
4th floor Karina Bldg., No. 33 Shaw Blvd. Pasig City
Tel No. 571-3274
Mobile Number. 0917-5769607, 0923-4941362
Email Address: archieyuki30@gmail.com
Uncategorized

Diversify Your Money

diversification
Most of us heard the saying,”Don”t put all your eggs in one basket”  which I totally agree. You can do this in financial aspect by diversifying your money. It has benefits and let’s define its meaning, according to Investopedia:
Diversification is a risk management technique that mixes a wide variety of investments within a portfolio. The rationale behind this technique contends that a portfolio constructed of different kinds of investments will, on average, yield higher returns and pose a lower risk than any individual investment found within the portfolio.

But, most of us don’t really do it. Most of us put our money in the banks. The total deposits as of June 2016 was Ph 9,638,125,481,000 according to PDIC.

There is a need to diversify for us to minimize the risks that might happen and also for us to maximise the returns of our hard-earned money. Even the bible tells us about diversification, as it reads “Cast your bread upon the waters, for after many days you will find it again. Give portions to seven, yes to eight, for you do not know what disaster may come upon the land.” (Ecclesiastes 11:1, 2)

In diversification, you should know where to put your money and what will be your purpose. You have to know your financial goals so that you can choose the appropriate returns that fit your goals.

These are the three portfolios that you must have when diversifying.

1. Savings- Your purpose of saving is to accumulate money that you need for short term like from 1 year to 3 years. This can be your buffer fund that you can use if emergency expenses arise. Ideally, you have at least 3 months of your monthly expenses or your salary in the bank. Savings can be easily withdrawn  thus the interest is low,  it ranges from 0.5% to 1% per year.

2. Insurance- There are different kinds of insurance. There is Life Insurance,HMO and Non-life Insurance. Insurance can give you peace of mind if risks happen like accident,diseases and death. This can protect you of the expenses that you cannot control which can give you funds to answer to the risks that might happen. Without insurance, your savings will be used up easily if risks of life happen.

3.Investment- This can make your money grow. These are the investment vehicles you can choose: Money Market,Bonds,Stocks, Pooled Funds, Real Estate or start your own business. Investing should be carefully studied because it is possible to lose all your hard-earned money. You have to understand the risks that might happen and the opportunity to earn. Ideally, you have to think long term when you invest,it requires patience and discipline thus you can earn in the future for your future financial goals. In long term investing, your money can grow from 6%-20% per year on the average for at least 10 years.

It is wiser to learn to diversify as early as possible so that you can manage your money well and maximize the returns you can get. This can be done by creating a Financial Plan which you can ask an advice from a professional Financial Planner. You will have a hard time to do it alone unless if you have time also to professionalize yourself when it comes to Financial Planning.

I hope that you learn something about diversification. You may share this blog for us to spread Financial Literacy to fellow Filipinos.

Let’s all be FREE!
Archie M. Yuki
Financial Planner,Investment Consultant and Insurance Specialist
The Insular Life Assurance Ltd.,Co.
4th floor Karina Bldg., No. 33 Shaw Blvd. Pasig City
Tel No. 571-3274
Mobile Number. 0917-5769607, 0923-4941362
Email Address: archieyuki30@gmail.com
Click here to Reply or Forward
Uncategorized

Start a Traditional Business or Invest first in Stock Market?

free-business-plan-templates

A lot of us want to own business specially the Millenials, in fact that is one of the goals most of the Filipinos. It is not easy to start your own business,you have to know first if you are really ready to start your own business. You don’t want to lose all your hard-earned money because of the wrong decisions you choose.

Here are the things that you have to consider when you want to start your traditional business:

1. You need a big capital. Let’s say you want to start a milk tea shop, you have to be ready to invest at least Ph1,000,000-ph2,000,000.

2. The risk of closing down your business in 1 year is  most likely to happen.  You are lucky to survive for the next 3 years.

3. Overhead costs are expensive like employees’ salaries, electricity bills, water bills, rent, maintenance, health insurance of your employees, and a lot more.

4. Competitors will copy your products and services. You have to be ready to innovate for you to win in the market.

5. You have to be hands-on to your business. You cannot just let it be handled by your employees.

6.It will be difficult for you to manage your business if you have a job. You need to give up your job for you to keep up with your competitions. It will consume most of your time.

7. Are you ready to be in debt just to sustain your business’ operation? How long can you sustain to cover all the expenses?

These are some of the considerations you have to look before starting your business. Now,what if you invest first in Phil. Stock Market and grow your money and then start your traditional business afterwards.

Here are the benefits that you can get if you invest in Phil.Stock Market through Insular Life’s Variable Unit Linked(VUL):

1. You don’t need to shell out millions right away. You can start an amount which you are comfortable with. As low as P100,000 per  year is a good amount to start already.

2. The risk of losing your money is minimized because you will be partnering to blue chip companies in the Phil. Stock Market that will not closed down for the next 20-30 years or more. If you buy shares of Ayala Land and SM investments, it is not likely to close down,thus, you will also earn.

3. No need to pay overhead costs but only minimal charges for your Life Insurance and Management fees which you do not have to take care every month.

4. You don’t have to worry what’s happening to the market but because the fund managers will take care if which companies where your money will grow. On the average, investing in Stock Market can give annual returns from 8%-12% long term rather than saving your money in the bank that gives less than 1% per year.

5.Investing in pooled funds just like VUL will not require you to monitor your funds but the company will give you updates what’s happening to your money.  You can work in your career/job while investing which your money works for you. The fund is actively well-managed,it means if there are companies that are not performing,the fund managers can replace it with other performing companies.

6. You are partnering with blue chip companies in the Phil.Stock Market  which are the best. Think like owning shares of Globe,PLDT,Jollibee,San Miguel Corp.,Ayala Land, and a lot more. These companies are already successful and you can profit as well when they earns. You are already in business because you are one of the owners of these big companies  because you bought shares of their companies.

7. If death comes in the future, your family will receive a guaranteed death benefit plus your fund value. You can also add other benefits like accident insurance,hospitalization fund, and Dread Disease Rider which you can protect yourself while your money is working for you.

In conclusion, it is better to think through well before starting your own business because it is risky that you can lose all your hard-earned money without studying it first. I believe it is wiser to invest first and let your money grow first and until you accumulated enough funds to start the business you are passionate about. You can now risk in doing a traditional business with enough buffer to sustain your own business. You have to think how to minimize the risks that you can get if you want to grow your money for your future financial goals.

If you want to know more about Variable Unit Linked and create a fund that you will need for your dream business venture in the future , you may reach me.

 

Archie M. Yuki
Financial Adviser,Investment Consultant and Insurance Specialist
The Insular Life Assurance Ltd.,Co.
4th floor Karina Bldg., No. 33 Shaw Blvd. Pasig City
Tel No. 571-3274
Mobile Number. 0917-5769607, 0923-4941362
Email Address: archieyuki30@gmail.com
Uncategorized

savingmoneyisforlosers

We all know that saving money is important but I think saving money alone are for losers. It is not correct that you save money just for the sake of saving money. We hear this often from old people that we study hard,graduate from the best school, work hard and save money and everything will be okay.  Saving money is only part of achieving Financial Independence but it is not the only way to achieve your financial goals in the future. You should not focus only at saving money but it should be your foundation for you to start your journey to Financial Independence.

Your focus should be from Saving Money to Growing your Money. Have you heard about Save-Spend-Save-Spend Cycle? This cycle is deadly because this kind of mindset is only to save and then spend for the short term. After 40 years of working upon retirement,for sure this kind of mindset will have no assets to rely for his daily expenses because of not preparing for the future.

Saving money should not be the only goal, you have to learn how to grow it. It is not enough that you just set aside money because your money will be eaten up by inflation. Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage increase.It is important that you have to create a Financial Plan where you can benefit to grow your money and beat inflation.

inflation

Invest, Grow and Preserve is what I advocate to every individuals and groups that I talk to. After saving enough money to cover your 3 months salary, the next step should be know where to invest your money that there’s a potential to grow to beat inflation in the long run like Equities, after growing your money you have to know a Financial plan that can help you preserve your money that if death comes in the future,your money will be intact and it can provide for your family’s financial needs even without you.

Let’s say you can invest Ph100 per day and you are 29 years old for only 10 years, this is where your P100 per day can take you:

100perday

This Financial Plan is called Variable Unit Linked(VUL) where your money is invested in Phil.Stock Market which can grow overtime and it has a life insurance coverage if death comes. So let’s say the money earns 10% per year at age 60, you will have Ph4,175,831.37 which you can use for your retirement. It has a life insurance coverage of Ph500,000 so if death comes at age 60, the beneficiaries will receive the guaranteed death benefit of Ph500,000 plus the fund value of Ph4,175,831.37 if it earns 10% per year, the total Death Benefit will be Ph4,675,831.37 which cannot be taxed by the government if the beneficiaries are designated as irrevocable. The money that you have in VUL can be withdrawn after 10 years either partial or full withdrawal. You can also add other benefits which the policyholder can use like accident insurance,Dread Disease Rider, and Hospitalization fund.

Now, will you just focus on saving money only? Saving money will make you lose the value of your money overtime. So,don’t just focus on saving money but rather from saving money, learn to grow it by investing and protect yourself as well with life insurance.

Thanks for reading my blog, if you want to know how to grow your Ph100 per day, you may reach me and have a consultation from me.

Be free!

Reference: http://www.investopedia.com/university/inflation/inflation1.asp

Archie M. Yuki
Financial Adviser,Investment Consultant and Insurance Specialist
The Insular Life Assurance Ltd.,Co.
4th floor Karina Bldg., No. 33 Shaw Blvd. Pasig City
Tel No. 571-3274
Mobile Number. 0917-5769607, 0923-4941362
Email Address: archieyuki30@gmail.com

 

life insurance, Personal Finance

notolifeinsurance

YOU DON’T NEED LIFE INSURANCE

Yes! You are right, you don’t need life insurance. Life insurance should not be part of your financial portfolio. You don’t have to worry about the billing statement of the life insurance companies send you. You don’t have to set aside a small amount of your income for the premiums of your life insurance because those are only expenses. You don’t need to check if you are properly insured or not to a Financial Planner. I would like to share with you the three reasons that you do not need life insurance, I hope that I can convince you that you do not need life insurance.

These are the 3 reasons why you don’t need life insurance:

1. If you are immortal,you don’t need life insurance. You don’t have to worry about dying because even if you will have a tragic accident, it’s okay because you will not get hurt and can still get out alive.

2. If you don’t have dependents who rely to you financially, it’s okay not to have a life insurance. At least,you have to be ready to secure a budget that you can give in advance to someone for your funeral services or land to buy where you can be buried.

3. If you will not get sick for the rest of your life, you dont need life insurance.  I want to talk to you to know how not to get sick ever.

With these three reasons, you don’t need life insurance ever.  But if you don’t have these all three reasons,you surely need to get a life insurance. Life insurance should be part of your financial portfolio for you to be protected while working hard to achieve your goals for yourself and for your loved ones. If you can set aside a budget for your daily expenses,you also have to set aside a budget for your life insurance.  Life insurance gives you a peace of mind if risks of life happen like Death, Illness and Disability that prevent you from earning money.

Do you know that as low as Ph67 per day you can start already to insure yourself? Yes, you can start with that amount.

Here are the sample details:

Age: 29

Premium: Ph67 per day or Ph2,000 per month

Life Insurance Coverage: Ph500,000

Dread Disease Rider: Ph500,000

Here is the illustration:

age2924kperyear

Getting your own life insurance is not that expensive, you can start as low as Ph67 per day and you can be insured already. From this illustration, you will just have to save for 10 years for your life insurance and the money that you put in for 10 years will give you a life insurance coverage of Ph500,000 until age 99. Now, the exciting part here is the money that you put in for your life insurance will grow overtime. You can withdraw this money partially  on your financial needs at least after 10 years for your life insurance can still be active. If you will not withdraw, if the money earns 10% per year, at age 60, you would have Ph1,928,450.95 already which you can use for your retirement years. If death comes in the future, your beneficiary will get the the death benefit of Ph500,000 plus the amount of the fund value.

Let’s say, the policy holder passes away at age 40 and if the fund value earns 10% which is Ph346,616.49, the death benefit that the beneficiaries will receive the Ph500,000 Death benefit plus the fund value which in total of Ph846,616.49 which will be tax-free if the beneficiary is irrevocable designation.

Now, this just never ends here. It has a Dread Disease Fund of Ph500,000 that can cover dread disease if it happens. After 30 days of diagnosis of any of the dread disease that is covered, the policyholder can get the Ph500,000 to use for medical treatment and his life insurance and his fund value are still intact.

Here is the detail of the Dread Disease Rider:

ddr-list

Knowing the benefits of Life Insurance, it is wiser to insure yourself so that you can protect yourself and your family. I believe that Life Insurance should be called Love Insurance because it is not about dying or getting sick but is about your loved ones who will be taken care of if the time comes that you can no longer provide for them. Now, the question is do you need life insurance or not? I believe that it is important that you protect yourself before anything else because you are the money making machine that provides to your family, without you, your  family will be greatly affected.

To know more about how to insure yourself properly, you may reach me for an appointment.

Thanks for reading my blog.

Let’s all aspire to become Financial Independent Filipinos. Be Free!

Archie M. Yuki
Financial Adviser,Investment Consultant and Insurance Specialist
The Insular Life Assurance Ltd.,Co.
4th floor Karina Bldg., No. 33 Shaw Blvd. Pasig City
Tel No. 571-3274
Mobile Number. 0917-5769607, 0923-4941362
Email Address: archieyuki30@gmail.com
Uncategorized

Personal Finance Planner

15542344_10154843124407520_8415502633250779446_n

I was invited by Budget Squad Manila to speak at their launching of their Personal Finance Planner last December 17, 2016 at 47 East, 47 Esteban Abada St, Loyola Heights, Quezon City. I shared the ideas about Money Behaviors where even we know how important to save, we still don’t do it. It’s really 80% Behavior and only 20% skills. It is not easy to really save without the right attitude that is why to create the right attitude you have to really inspect and monitor  your daily finances.

Budget Squad Manila advocates the importance of Financial Literacy that is why they came up an idea of creating a tool how to save with the right attitude. They created a Personal Finance Planner that can help you to monitor your daily expenses. The planner is really helpful for you to monitor your daily expenses thus you will know where your money goes by writing it down to a Personal Finance Planner.

Here are the pictures that I took of the Planner.

pfp1

pfp2

pfp3

As a Financial Literacy Advocate, I believe this planner can help the user to be aware on the his/her daily expenses and the user can prioritize savings first than spending. It is important that you list down all your daily expenses for you to know where your money goes and at the end of the month you can compute how much did you save and how much did you spend. The planner is also an adult coloring book, it’s really awesome!

I also get a chance to meet the 2 founders of Budget Squad Manila. Namely, Michelle Pecsaden and Tefi Vicente. They have a passion to spread the importance of Financial Literacy to fellow Filipinos. They shared about the importance of saving money while you are young and earning.

15592593_10154847064817520_250964759_n
The founders of Budget Squad Manila sharing ideas about saving.
15443012_10154843582897520_9113941752147549923_o
Michelle on my right and Tefi on my left.

The Personal Finance Planner can help you to value your hard-earned money because it will teach you a mindset that saving should be at the top priority upon receiving your income.  In this regard, I am partnering with Budget Squad Manila on the distribution of their Planners and because I am Financial Adviser, I believe that this planner can help you to save properly.  I can personally guide you how to use the planner and you can get a free consultation from me about saving and how to grow your savings.

Follow the page of Budget Squad Manila at https://www.facebook.com/budgetsquadmnl/?fref=ts to learn also from their about personal finance.

I enjoyed attending the launching of the Personal Finance Planner and met new friends from this event.

15439862_10154843119892520_7341171941558327926_n

Order your Personal Finance Planner from me for only Ph499!

15970503_10154926568192520_1586957473_n

You may reach me:

Archie M. Yuki
Financial Adviser,Investment Consultant and Insurance Specialist
The Insular Life Assurance Ltd.,Co.
4th floor Karina Bldg., No. 33 Shaw Blvd. Pasig City
Tel No. 571-3274
Mobile Number. 0917-5769607, 0923-4941362
Email Address: archieyuki30@gmail.com