WealthWise Philippines

02/01/2025

2025 is here—time to leave limits behind and
embrace bold beginnings! Make every moment count and start living life to the fullest.

30/12/2024

Start your days stronger with practical and easily doable ways to cultivate an attitude of gratitude. Here’s how.

30/12/2024

Rizal paved the way for freedom; now, it’s our turn to live boldly!

Celebrate the life you love, because freedom is priceless. Celebrate every moment without worries with FWD.

26/12/2024

13/12/2024

UPDATE: Congratulations to our winners for this !

1. Julie A. Peña
2. Ron Eclivia
3. Mitch Panganduyon

We'll send you a private message with instructions on how to claim your prize. Thank you!

--
Sometimes, the best discoveries are the ones you didn’t see coming! 🔍💎🧐

Share your best unexpected find in 2024 in the comments below and tag 3 friends who’s always up for something new!

Don’t forget to use the hashtags and 1OxStronger. Make sure you're following our page to be eligible. 3 sharers will win 1K GCash each. 💪

13/12/2024

FWD Life Philippines x Security Bank 🧡🧡🧡

29/11/2024

𝗛𝗼𝘄 𝘁𝗼 𝗖𝗮𝗹𝗰𝘂𝗹𝗮𝘁𝗲 𝗬𝗼𝘂𝗿 𝗘𝗺𝗲𝗿𝗴𝗲𝗻𝗰𝘆 𝗙𝘂𝗻𝗱 𝗶𝗻 𝘁𝗵𝗲 𝗣𝗵𝗶𝗹𝗶𝗽𝗽𝗶𝗻𝗲𝘀 🛡️

Building an emergency fund is one of the smartest steps to secure financial stability amidst life’s uncertainties. Here’s a simple, effective way to calculate yours and why it’s essential:

𝟭. 𝗧𝗮𝗹𝗹𝘆 𝗬𝗼𝘂𝗿 𝗠𝗼𝗻𝘁𝗵𝗹𝘆 𝗘𝘀𝘀𝗲𝗻𝘁𝗶𝗮𝗹𝘀
Start by identifying your core monthly expenses, including:
• Housing (rent or mortgage)
• Utilities (electricity, water, internet, phone)
• Food and groceries
• Transportation (car, public transit)
• Insurance (life, health)
• Debt payments (loans, credit card minimums)
• Other essentials (medicine, school fees)

Adding these gives you a clear view of your monthly baseline.

𝟮. 𝗦𝗲𝘁 𝗬𝗼𝘂𝗿 𝗖𝗼𝘃𝗲𝗿𝗮𝗴𝗲 𝗣𝗲𝗿𝗶𝗼𝗱
Typically, aim to save 3-6 months’ worth of essential expenses. Consider extending it to 9-12 months if:
• Your income is less predictable or commission-based
• You have health needs or dependents with medical costs
• We’re in a period of economic uncertainty (e.g., high inflation)

A larger fund provides a stronger cushion in challenging times.

𝟯. 𝗗𝗼 𝘁𝗵𝗲 𝗠𝗮𝘁𝗵
With your monthly expenses calculated, multiply by your coverage period:

𝘌𝘮𝘦𝘳𝘨𝘦𝘯𝘤𝘺 𝘍𝘶𝘯𝘥 = 𝘔𝘰𝘯𝘵𝘩𝘭𝘺 𝘌𝘹𝘱𝘦𝘯𝘴𝘦𝘴 𝘹 𝘊𝘰𝘷𝘦𝘳𝘢𝘨𝘦 𝘗𝘦𝘳𝘪𝘰𝘥

For example, if your essential monthly expenses are ₱20,000 and you want a 6-month buffer:

𝘌𝘮𝘦𝘳𝘨𝘦𝘯𝘤𝘺 𝘍𝘶𝘯𝘥 = ₱20,000 𝘹 6 = ₱120,000

𝟰. 𝗞𝗲𝗲𝗽 𝗜𝘁 𝗔𝗰𝗰𝗲𝘀𝘀𝗶𝗯𝗹𝗲
Your emergency fund should be liquid and easily accessible. Consider low-risk options like high-interest savings accounts, money market funds, or time deposits.

𝗪𝗵𝘆 𝗜𝘁 𝗠𝗮𝘁𝘁𝗲𝗿𝘀
An emergency fund empowers you to handle unexpected events without derailing your financial goals. Whether it’s a health issue, job transition, or other life event, a solid emergency fund brings peace of mind and resilience.

Let’s make 2025 the year of financial preparedness. 💪

29/11/2024

The moment we've all been waiting for is finally here! Our 13th-month pay is that bump of cash we look forward to every year. “Ibigay mo na ang aming Christmas Bonus!” is becoming a reality.

Here’s how you can make the most of it!

29/11/2024

If you're waiting for a sign to make that big decision, this is it 😉

What you choose to do today can make all the difference.

Get an FWD plan today, you'll thank you later!