May PERAting

27/04/2022

Spreading this information for those of you that don’t have your affairs in order. Make sure all bank accounts have direct beneficiaries. The beneficiary need only go to the bank with your death certificate and an ID of their own.

- TOD = Transfer On Death deed if you own a home. Completing this document and filing it with your county saves your heirs THOUSANDS. This document allows you to transfer ownership of your home to your designee. All they need to do is take their ID and your death certificate to the county building and the deed is signed over. Doing this will avoid the home having to go through probate.

- Living Will: Allows one to put in writing exactly what you want done in the event you cannot speak for yourself when it comes to healthcare decisions

- Durable Power of Attorney: Allows one to designate a person to make legal decisions if one is no longer competent to do so.

- Power of Attorney for Healthcare: This document allows one to designate someone to make healthcare decisions for their person.

- Last Will and Testament: Designates to whom personal belongings will go too.

- Funeral Planning Declaration: allows one to say exactly one’s wishes as far as disposition of the body and the services.

- If the above documents are done, you can AVOID probate. If all the above is not done, you have to open an estate account at the bank. All money that doesn’t have direct beneficiaries goes into this account. You have to have an attorney to open the estate account. The attorney also has to publicize your passing in the newspaper or post publication at the county courthouse, to allow anyone to make a claim on your property. - It’s a complete PAIN.

- Make a list of all banks and account numbers, all investment institutions with account numbers, lists of credit cards, utility accounts, etc. Leave clear instructions as to how and when these things are paid. Make sure heirs knows where life insurance policies are located.

- Make 100% sure SOMEONE knows your Apple ID, bank ID account logins and passwords!

- Make sure you have titles for all vehicles, campers, etc!

- MOST IMPORTANTLY!!!! - Talk with those closest to you and make all your wishes KNOWN. Talk to those whom you’ve designated, as well as those close to you whom you did not designate. - Do this to explain why your decisions were made and to avoid any lingering questions or hurt feelings.

Hope this helps! Hope this lights a spark to encourage all your friends and family to take care of these things to make it easier for those we all leave behind!

My hope is that the above list at least helps you start an important conversation with your loved ones.

27/04/2022

Managing your finances while you're in debt is tough. Here are some tips to manage your debt.

The biggest online financial literacy summit in the Philippines is now back for another fun-filled year with jampacked learning opportunities!

Join the 𝐅𝐢𝐧𝐋𝐢𝐭 𝐒𝐮𝐦𝐦𝐢𝐭 𝟐𝟎𝟐𝟐: 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐑𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐜𝐲 this coming 𝐉𝐮𝐧𝐞 𝟏𝟕-𝟏𝟖, 𝟐𝟎𝟐𝟐, from 9:00 AM - 4:00 PM. Get the chance to learn from thought leaders, practitioners, experts, and leaders from industry-leading firms around the world to talk about the new and rapidly evolving fields of financial literacy, financial education, and financial decision-making.

Register now for 𝗙𝗥𝗘𝗘: www.tgfiph.com/finlit2022

03/12/2021

Isang taon na rin ang lumipas ng magsimulang hindi maging normal ang mundo dahil sa pandemya na Covid-19. Marami sa atin ang hindi handa lalo na when it comes to financial. Maraming nagkasakit at nawalan ng mga mahal sa buhay. Marami din ang nawalan ng trabaho. Napakahirap ng naging sitwasyon noong nakaraang taon. Pero gano man kahirap, heto tayo ngayon nakasurvive! Thanks to God who helped us.

At ngayon, malapit ng lumipas ang taon 2021, may panibago na namang variant ng Covid ang nagbabadya - OMICRON.

Sana kahit papano nakapagprepare o makapagprepare na tayo ng para sa Health Protection. Natuto na tayo sa naranasan natin noong nakaraang taon. Kung yung pagdating ng Covid before, hindi natin masyadong napaghandaan dahil hindi naman natin alam at hindi natin inaasahan, sana ngayon na ipinapaalam na sa atin ang posibleng mangyari, MAPAGHANDAAN NA NATIN.

Totoo na gastos ang pagkuha ng Health Protection Plan pero mas magastos kapag nagkasakit na at agad-agad kailangan ng pera pambayad sa medical bills.

Kaya para less worry kapag nagkasakit, secure yourself and your family with the Health Protection Plan.

Click the link below to know what are available Health Protection Plans may suit your needs.

(please pardon my fillers.... um, so, uh)I really appreciate the value and importance of HEALTH PROTECTION PLANS. That's why I wanted to share it to many peo...

08/11/2021

Hi! If you are a parent that is looking for a platform where you can build Education Fund for your kids, you can consider this 10-year Savings Program.

Hi! I would like to share one of the best traditional plans of Sun Life called Sun Smarter Life Elite Peso 10. The 10-year savings program wherein you will o...

06/11/2021

Retirement planning is an important aspect of life. In fact, we can say that many people do not have the proper knowledge on how to save for retirement. Statistics show that more men than women lack this type of skill.

According to a study by LIMRA, only 39% of Filipinos have prepared for their future years in terms of financial stability and security, which includes saving up for their retirement plans.

05/11/2021

Dapat hindi lang tayo magaling mag-create ng income......

We should also learn how to build wealth and sustain our income until our Retirement years.....

How???? Find out by watching my short video....

The average working years of People is 40 and the Retirement stage starts at 60 and commonly lasts until age 80 which is the average life span.So the 40-20 r...

04/11/2021

Enjoying a comfortable retirement will require money. 💰 But more than focusing on how you can amass a significant amount for it, you can prepare for it in little ways like being mindful of your spending habits and keeping yourself well because having good health will let you enjoy life to the fullest.

Enjoying a comfortable retirement will require money. 💰 But more than focusing on how you can amass a significant amount for it, you can prepare for it in little ways like being mindful of your spending habits and keeping yourself well because having good health will let you enjoy life to the fullest.

See our detailed tips here: http://bit.ly/PeacefulRetirementTips.

04/11/2021

Meron din pa lang tinatawag na FINANCIAL Self-Care???🤔

Financial self-care is something that every Filipino should practice. In the Philippines, 16.7% of the population lived below the national poverty line in 2018 and when the pandemic hit, it likely pushed the poverty incidence to 20 percent in 2020. With this in mind, it's clear that more needs to be done to help Filipinos take control of their finances.

And it's true that with the current financial standing of Filipinos, many of the us experience financial stress. It's important to take care of yourself financially so you can manage life events and avoid unnecessary debt. Here are five ways you can practice financial self-care:

1) Make sure your insurance plan covers what you need.
2) Create an emergency fund.
3) Save for retirement.
4) Get on the same page as your partner about finances.
5) Don't spend more than 30% of your net income on rent or mortgage payments.

Financial self-care is an important skill to have. No matter your financial standing, it's always nice to treat yourself and do something that makes you feel good.

04/11/2021

04/11/2021

Gaano ka ka-WAIS when it comes to your Financial Decisions?

Ano yung mga bagay na pinapriority mo?

Nabuild mo na ba yung Financial foundation mo?

Watch the video below about "Hierarchy of Financial Needs"
and hope makatulong sayo to build a strong Financial Portfolio.

This topic is very important in our Financial Decisions. It will serve as a guide on what to prioritize based on the level of our financial needs. First leve...

29/10/2021

When you're great with money, you'll be able to secure a bright life for yourself and your family.

To help you know if you are, here are 6 signs that you are an awesome person when it comes to money.

1. You keep track of all your spending.
2. You have a steady stream of income.
3. You have a major goal in life.
4. You have an emergency fund.
5. You save regularly.
6. You invest to make more money.

Do you have all these signs? Would you like to add more? Let's hear them in the comment section below.