financial literacy

DO YOU LIKE MONEY TO WORK FOR YOU?

2009-12-14T09:01:00.000-08:00

Most people go to school/university to learn how to work for money (get a job), but never spend time to learn how to let money work for them (how to become the boss of money which is more important). If we work hard for the money, we should also make sure money will work hard for us. When money is working for you, it's great because...

Money doesn't get sick
Money doesn't stop working
Money doesn't complain
Money doesn't go on vacation
It works 24 hours a day
It works even on holidays
It's very loyal to the boss(you)

The only problem is it doesn't work if you don't have any SAVINGS!

Copyright: International Marketing Group

THE COMPLETE FINANCIAL PLAN

2009-12-06T23:44:00.000-08:00

In our lives, we are faced with two basic questions regarding our existence.

Question no. 1

WHAT IF I DIE TOO SOON? Who will take care of my family?

SOLUTION: Life Insurance

Question no. 2

WHAT IF I LIVE TOO LONG? Who will take care of myself?

SOLUTION: Investment & Long-term Healthcare

3 MAJOR FINANCIAL NEEDS (to complete your financial picture):

1. INVESTMENT - to generate continuing income for you when you retire (Money Working For You)

2. INCOME PROTECTION/LIFE INSURANCE - to protect your family if you die too soon - life insurance protection can help you replace your income, help finance your children's education, pay estate tax, pay debts, etc.

3. HEALTHCARE - to provide you healthcare when you retire (or when you stop working). How comfortable is your healthcare situation after age 60, depends on a decision you make today.

Healthcare Crisis:

- Medical cost doubles every 5-7 years.
- A lot of sick people die not because there is no medicine but because of no money.
- Majority of Filipinos do not save money for their future healthcare needs.
- You cannot bring with you the healthcare benefits provided by your company when you retire or resign.
- No traditional healthcare company covers ages 61 and up.
- Most people rely on their children, or sell properties, or borrow money for their medical needs during retirement.
- Majority of Personal Bankruptcy is due to Medical Crisis.

My friends, what if I could tell you about a product that provides complete solution to your 3 major financial needs? A company that provides total solution to your Healthcare, Investment & Insurance needs. A three in one product!

Send your emails to: grow_your_money@rocketmail.com

Protect your future today!

May your dreams come true!

Josh

FUNDAMENTALS OF FINANCIAL PLANNING

2009-12-06T23:41:00.000-08:00

The world is changing fast. It wasn't all that many years ago that with a little hard work and careful budgeting, most families could realize their dreams of buying their own home, sending their children to college or retiring in relative comfort.

But in the blink of a generation, the financial landscape changed dramatically for today's families, who face an uphill battle to realize even one of those dreams. Skyrocketing costs, mountains of debt and lack of savings have forced families to downsize or even eliminate their dreams-to settle for far less than their counterparts a quarter of a century ago.

Each month, families find themselves walking a financial tightrope, hoping to stretch their resources just far enough to cover expenses and to avoid that one false step-a pink slip or a medical crisis-that could send them plummeting into ruin.

Not many years ago a parent can raise 10 children. Now the 10 children cannot raise a parent. Today, a couple, both working can hardly raise 2 or 3 kids.

But it doesn't have to be this way. You shouldn't have to compromise your dreams. Taking a practical approach to finances, one that incorporates powerful financial concepts and programs to provide you with the information and tools needed to make smart choices, is what you really need.

There is a need for widespread financial education. People want to know how money works and how they can make it work for them.
But how do people gain this knowledge?
Schools rarely teach it.
Families hardly talk about it.
Unfortunately, unless people understand the power of money, they can't put it to work for them.

Fortunately, there is an institution here in the Philippines that teaches all these things for free. Things necessary to make a proper financial planning that will eventually bring you to financial independence that you and your family deserve to enjoy.

Send your inquiries to: grow_your_money@rocketmail.com

Leave your comments here and be sure to check-out my next post on this site.

Live your dreams!

Josh Banate

Save Little By Little, Earn BIG!

2009-12-06T23:38:00.000-08:00

Many people think that the only way to earn big in savings, you have to save big! Have you tried saving a considerable amount in the bank? How much interest did you earn? Let me tell you this. I have a P500K (Five hundred thousand pesos) time-deposited in one of the leading banks here in the Philippines. Do you want to know how much interest I earn per annum? 2%! That's not a typo and you're not hallucinating. It's two percent! It's like I'm earning P700 per month for my P500 thousand savings. Do you think If I keep on saving like that, will I retire financially secure? I don't have to answer that. It's obvious. We'll maybe if I have millions in that same account, then it's another story. But I don't have millions. Many of us don't have millions to save. Even having a hundred thousand in savings is not easy for most of us. So you maybe asking, what's my point? My point is, is that you actually don't need to save tens or hundreds of thousands to be able to earn big. The secret is in continuously saving. Even at small amounts.

Did you know that if you save at least P34 per day (that's nothing compared to what you spend in your coffee), in 35 years you will have P5.8 million! And that's just for P34 per day! I can easily save more than that. But how do you do it? Getting this P5.8 million out of saving P34 per day? Attend our Free Financial Education classes and you will be taught how to squeeze the most out of your savings. You will be taught how to get out of poverty, how to prepare yourself to a happy retirement with millions in your account. God bless you and may your dreams come true!

If you want to attend FREE Financial Education classes, e-mail: grow_your_money@rocketmail.com or hornetsnest29@yahoo.com for details.

May your dreams come true!

Josh

A MISCONCEPTION ON SAVINGS (THE WRONG WAY OF SAVING:putting your money in your piggy bank)

2009-12-06T23:35:00.000-08:00

When I was around 5 years old, banana cue (fried banana on a stick), my favorite snack food on stick was priced at around 50 centavos per stick, with 3 bananas on a stick. That was 29 years ago. Now, a banana cue stick, with 3 bananas on a stick, costs P12. That's an increase in price of 2400%. That means an increase in price of the banana cue by 83% per year. Or a depreciation in the value of the Peso by 83% a year, when it comes to the price of the banana cue. So, if I had saved my 50 centavos 29 years ago, when I was 5 years old, so I will be able to buy a banana cue 29 years after, I would be in the greatest shock of my life. How on earth could I buy a banana cue right now with 50 centavos?

Now, let's stop talking about banana cue. Let's look at the economic condition of our country. But first let me ask you a question. What is inflation? If you ask those so-called economic experts, chances are, they will provide you with technical answers. Something that you cannot easily grasp, especially if you have been sleeping in your Economics Class back when you were in school. Simply put it, inflation is the increase in the value of the goods or products and services which results to the depreciation of the value of the Peso. The banana cue situation above is an example of inflation. Fortunately, generally speaking, the average inflation in the Philippine economy right now is only 6%. That means your Peso has gone down in value by 6%. If you have a hundred peso in your pocket, the actual value of that is not 100 pesos but only 94 pesos. If you keep that P100 in your piggy bank, let's say for 10 years with an average inflation of 6% per year, at the end of the 10th year, you open up your piggy bank, you'll still find your P100 there, safe and sound, but the sad thing is that, the value of that P100 is no longer P100 but P54. What if instead of 10 years, you keep your money for 20 years? 35 years? Get the point? Sad to say that there are lots of Filipinos who are in the same situation right now. Scared of putting their money into investments because of risks, they instead put their money into their own piggy bank accounts because having their money right under their noses give them emotional security. Not knowing that the economy itself is a big thief. It takes the value of your money from you without you knowing it! Those who have tens of millions of pesos or more may not feel the harsh effect of inflation in the buying power of their money.

But what about those who doesn't have millions of pesos? What about those ordinary employees trying to save for their retirements? Will they have enough when they retire? Well, maybe they will have enough, but only enough for their sustenance. They won't have extra to spend for vacations, trips, etc. For me that's a very sad, unfortunate thing to happen to a retiree. You have been working all your life so it's just fitting that when you retire, you should enjoy the fruits of your labor.

If you wish to attend a FREE Financial Education Classes, email me at: grow_your_money@rocketmail.com or SMS me on 09196227997(Philippines) for details.

May God bless you and make your dreams come true!

Josh

What is Financial Education?

2009-12-06T23:31:00.000-08:00

Throughout my entire school years, no teacher had ever taught me how to handle money the right way. How to save the proper way. All I was taught was how to become a good employee, how to become a good worker of somebody. I was taught properly on how to work for money, but never taught how to make money work for me. That is just what the rich people do. They don't work for the money. It's the money that's working for them. There are a lot of rich people who still work but they do so because they enjoy doing it. They can stop working anytime because they have their money working for them. What about the average Juan De La Cruz? Can he stop working anytime? Does he have enough money in the bank to survive the rest of his life if he stops working now? If you look around, you see a lot of retired persons relying on their children or their relatives for their sustenance. Why is that? During their younger years, they had enough. They never relied on someone else for their food. They had jobs, salaries to hold on to. But that's it. They had money only because of their jobs. But when they can no longer work, the cash cow stops giving them money. The sad thing is, even when you can no longer work for money, you will still need money. You will need money for your food, for your medications, etc., etc., etc. But where will the money come from? Now comes the age old Filipino tradition. Time for the children to return the favor. Time for the children to feed their parents. But most of the time, the children themselves can even hardly support themselves. Some even relies still on their old parents for their financial needs. When that is the case, what happens to the retired parent who no longer have an income to depend on? What if you are that parent? This my friends, is the subject of Financial Education. It educates you on the proper way of handling your finances, the right way to save your hard earned money so you will have enough, if not more than enough, to sustain you in your retired years. Let me share you something I have read from a book written by David E. Calhoun.

DO NOT LET THIS BE THE STORY OF YOUR LIFE!

Between the ages of 18 and 30, most people say, "I cannot save now. I am young and there is plenty of time. Wait until I start making a little more, then I will save."

Between the ages of 30 and 45, people say, "I cannot save now. I have a growing family on my hands. It takes all I make to keep them going. As soon as they are a little older it will cost less, then I will save."

Between the ages of 45 and 55, people say, "I cannot save now. I have three children in college. It is all I can do to pay their expenses. I cannot save a penny. Wait until they are out of college and on their own, then I can salt it away."

Between the ages of 55 and 65, people say, "I cannot save now. I know I should but things are not breaking like they should. It is not easy for a person of my age to step out and get a better job. Maybe something will break for me next year."

At the age of 65, people say, "I cannot save now. I am living with my son and his wife. My social security does not go very far. I wish I had been saving years ago, but I cannot save now. THERE IS NO INCOME.

Now my friend, what will be the story of your life?

If you wish to attend a FREE Financial Education Classes, email me at: grow_your_money@rocketmail.com or SMS me on 09196227997(Philippines) for details.

May God bless you and make your dreams come true!

Josh

FREE FINANCIAL EDUCATION!

2009-12-06T23:28:00.000-08:00

Financial Literacy for free! Hey, guys, Financial Education is the first step to becoming wealthy. Without it, most of us will never know how to properly handle our finances. We earn and spend everything. Or we may be able to save something if there is still something left after our expenses. Imagine a bucket full of holes. Each time you pour water into it, it never gets full because the water will just keep on draining. The holes must be plugged. So knowing how to handle our finances, the way wealthy people do, is a vital part of getting rich. It's important that we look for someone who can teach us the right thing to do. We need mentors. Just as Manny Pacquiao needs Freddie Roach, we also need a champion mentor who can guide us to the right path of wealth. We offer financial coaching for free. Call or text 09196227997(Philippines) and look for josh. You can also email me at: grow_your_money@rocketmail.com

God bless us, everyone!

People perish due to lack of knowledge.--Hosea 4:6

Be Financially Literate Now!

2009-12-06T23:25:00.000-08:00

Hi there everyone! Ever wonder why no matter how you work hard each time, you still end up in the same place as yesterday? It seems like nothing new has come to your life. No changes, no improvement in your living conditions, still living from paycheck to paycheck, trapped in the uncertainties of life and worst of all, trapped in the rat race. Well, guys, the reason is you have missed something, something very important. Are you one of those who keeps on complaining that the rich becomes richer and the poor becomes poorer? You actually don't have the right to complain. The reason why the rich gets richer all the time is because they know something that the poor and the middle class do not. Do you want to learn what the rich know? Join our free seminar and start changing your financial life today! Email: grow_your_money@rocketmail.com. Let's work together to help every Filipino family change their lives today. All it takes is proper Financial Education and the will to practice what you learn. God bless us all!

Want To Become Rich & Famous?

2009-11-19T03:55:00.000-08:00

Do you dream of becoming wealthy? Or retire with extra millions in your account? Then it's time for you to start investing today. Invest properly and be rich. Go to this site for more info on investment and financial literacy.

Be rich my friend and see you there at the top!

Josh

Live The Life You've Always Wanted

2009-07-22T07:24:00.000-07:00

Live abundantly. Earn a lot of money. Buy the things that you've always wanted to buy. And most of all, give to God. For the only way to receive, is to give. But first, you have to learn how to have the money to do these things. The question is: "Do I have to enroll in some institution and pay an incredible amount of cash just so I can learn how to earn a lot and save a lot?" Well, my friends, the answer is NO. Send me an email now and I will guide you to the right place, with the right people..I'll be waiting..God bless us all!!!

My email add.: hornetsnest29@yahoo.com
My mobile: 09196227997

Wishing you a happy and abundant life..

josh

financial literacy

2009-06-26T02:15:00.000-07:00

hi guys and gals! There is something that I have learned recently that will really change the way you look at your finances and the way you handle your financial life. I believe this is very important for Filipinos since we are known to be big spenders! Foreigners consider us to be stupid when it comes to handling our money. That's because we literally and virtually spend a lot on things that our hands can get hold of, not really knowing if we really need those things. We Filipinos doesn't seem to know the difference between a need and a want. We need to be financially educated. If we ever dream of getting out of poverty, then the time is now to learn how and start changing our financial affairs. There is an institution out there that teaches these things for free. Thanks to them, many years from now, Philippines will be a different country. We just have to open our eyes to see the opportunities and open our hearts to accept the changes necessary to achieve our dreams of wealth and financial independence..May God be always with the Philippines!