Tito Pol

07/09/2024

15/08/2024

Be faithful with Gospel and leave the result to God.

02/08/2024

"Pilitin mang kalabugin
Ani mo ay bulukin
Huwag mo lamang pansinin laban
Tapos gapos mo ay kalagin
Dunong ay palaguin
Ikaw ang aani ng yaman..."

gloc-9

21/07/2024

A must read:

Viktor Frankl, one of the great psychiatrists of the twentieth century, survived the death camps of N**i Germany. His little book, Man’s Search for Meaning, is one of those life-changing books that everyone should read.

Frankl once told the story of a woman who called him in the middle of the night to calmly inform him she was about to commit su***de. Frankl kept her on the phone and talked her through her depression, giving her reason after reason to carry on living. Finally she promised she would not take her life, and she kept her word.

When they later met, Frankl asked which reason had persuaded her to live?

"None of them", she told him.

What then influenced her to go on living, he pressed?

Her answer was simple, it was Frankl’s willingness to listen to her in the middle of the night. A world in which there was someone ready to listen to another's pain seemed to her a world in which it was worthwhile to live.

Often, it is not the brilliant argument that makes the difference. Sometimes the small act of listening is the greatest gift we can give.
______________________________________________

17/07/2024

If we focus on what other people want for us, we’ll never have known what we could have fulfilled if we lived for ourselves!

16/07/2024

By the grace of God!

15/07/2024

Jesus won't...

15/07/2024

CONTROL yourself
ALTER your thinking
DELETE negativity

15/05/2024

🏡 PAG-IBIG HOUSING LOAN TIPS 🏡

If kumuha ka ng house sa subdivision through PAG-IBIG, take note of these tips:

🌺 Always pay your monthly amortization and monitor it online via virtual pag-ibig website. They don't send monthly bills so pay your monthly amortization diligently para di lumobo utang mo.

🌺 Yung binabayaran mo na monthly amortization, naku ang liit lang ng napupunta nyan sa principal. I asked the staff sa pagibig and they told me about the breakdown of my P9,555.34 Monthly Amortization:

P7,166.67 interest
P235.80 Fire
P360 insurance
P1,792.87 Principal 😭
= P9,555.34 total monthly Amortization

Diba ang liit ng kaltas sa principal. Ang laki ng bayad sa interest. 😭

🌺 This is how you compute your monthly interest. Bigay ko na example yung amin.

1.6M = principal (total amount ng utang namin)
5.375% = annual interest
divided by 12 months

1.6M x 5.375% ÷ 12 = P7,166.67

🌺 That's why, it is highly recommended to pay in advance sa principal mismo if you have extra money para lumiit din ang interest na binabayaran mo. For example, after 5 years, 1M na lang principal mo so 1M x 5.375% ÷ 12 = P4,479.17

🌺 Di bababa ang monthly amortization mo BUT because smaller na ang interest, BIGGER na ang kaltas sa principal mo.

🌺 If you have extra money and you want to pay in advance, go directly to pag-ibig office and sabihin EXCESS TO PRINCIPAL yung payment mo.

---For example, magbabayad ka ng 50k and
10k ang monthly amortization,
the excess which is 40k will be deducted directly sa principal amount mo. So nakabayad ka na ng monthly Amortization, nabawasan pa principal mo.

🌺 Iwasan mag advance payment sa monthly amortization sa bayad centers. Mababa lang nababawas nyan sa principal mo. Bayad ka na lang sa principal.

---For example, if nag bayad ka sa payment centers ng 50k for your monthly amortization, meaning you don't need to pay for 5 months kasi nag advance ka na sa monthly amortization mo. Pero ang liit lang ng kaltas nyan sa principal mo.

🌺 You can pay the principal ONLY IN PAG-IBIG OFFICE not in bayad centers.

🌺 For example, nakabayad ka na ng monthly mo sa bayad center last April 1 tapos may extra money ka pala before your due date and you want to pay in advance, pwede pa yan. Punta ka ng pagibig office and say you'll pay DIRECT TO PRINCIPAL. Para whole amount na mabayad sa principal.

That's based on my experience and based sa sabi ng staff sa pagibig. If you have other tips, please share it. I hope this can help you guys. We need to be financially literate para di tayo mabaon sa utang. God bless mga kapitbahay. 😁



Ctto

19/04/2024

Death is the only thing certain in this world. So, we should prepare for it and should not burden those who are left, with the expenses. Be prepared. Be insured. :)

Tito Pol, Associate Financial Planner