ABS-CBN chairman and CEO Eugenio "Gabby" Lopez's Retirement Speech

>> Wednesday, November 28, 2012

I was surprised to see the word "Retirement" in the title of this article which I read from ABS-CBN's official newsletter. I didn't see this coming but as the age old adage says, "All good things must come to an end."


I'm keeping a copy of this speech here to remind myself of how great it is to be a Kapamilya.
We had our ups and downs. Many times we wanted to quit. But we have to admit, iba pa rin ang Kapamilya.

ABS-CBN chairman and CEO Eugenio "Gabby" Lopez's Retirement Speech
Delivered during the Kapamilya Awards 2011 

Wow, 25 years Freddie (Garcia)! I feel I can do another 25.

25 years. Not even my marriages have lasted that long!  The only relationships I have had that lasted this long are my siblings, my parents – talagang Kapamilya.  When I look at the list of 25-year awardees I realize it’s all the people that I started with.  Like everyone, we all have certain beliefs, lessons that we accumulate over the years.  Normally the lessons I have learned, the insights I have gained, I share with senior management.  Today I will share it all with you – my Kapamilya.

Rapid Change:  We live in a time where change has accelerated rapidly.  The changes in technology affect all of us in profound ways:  The way we communicate, the way we interact.  ABS-CBN in 5 years will be a very different company from where we are today.  ABS-CBN in 10 years is likely to have TV revenues as a very small part of our overall revenue.  When we started 25 years ago, we were not even on satellite throughout the Philippines.  Today we are on satellite throughout the world.  But one thing has remained constant in the last 25 years and likely to remain so for the next 10 years – “In the service of the Filipino.”  As long as our north star is guided by this simple yet powerful mission, we will never go wrong.

Read more...

On The Money: Expert Tips on Saving for your Kid's Education

Saving for your Kid's Education
taken from ANC's On The Money
with Arlyn Tan, AIM-Sun Life Financial PLanner

Parents want the best for their children and that includes the best education that they can provide.
However, good education doesn't come cheap, so parents have to know the best way to save and invest for this.

Why do parents need to plan for their children's education funding today?
Apart from giving quality time to their children, we know that the most valuable investment a parent can give to their child is a good education.

Education is the key to opportunities for your childen in the future.
The chance to a better job, to a better life, comes with a good education.

The Education fund needs to be planned early because it comes sooner than other needs like Retirement.
We have a shorter time to prepare for our children's education compared to other needs in life.

In the Philippines, a family on the average has 2 to 4 children simultaneously going to school.
This makes Education costs to eat up a big part of your budget.

But 90% of Filipinos plan only 1 year befor school starts.

So how do we save up for our kid's education?

Read more...

Make your Christmas Bonus Work For You

>> Wednesday, November 14, 2012

Making your Bonus work for you
report from Nina Corpuz, Dateline Philippines ANC

For many Filipinos, the 13th month bonus means "It's time to splurge".
But why not make that Christmas bonus work for you.

For many Filipinos, the much awaited Christmas bonus or the 13th month bonus
is as good as gone.

Common ways Filipinos spend their bonuses:
- bibili ng TV
- magsho-shopping

"walang natitira, tinanggap ko lang isang araw, kinabukasan, wala na"


By January, many Filipinos are left with no savings, worse, some of them are burdened with debt.

Financial coach Salve Duplito advises Pinoys to use their Christmas bonuses wisely,
but putting it in the bank is not one of them.

Because if left in the bank, after one or two months, "ubos na iyan ksi ang banko
or ATM account is very accessible. Maya't-maya kukupitan mo yan."

Banks only give about 1% interest compared to the Stock Market or Mutual Fund
which can earn you about 10% to 15%.

Read more...

Important Money Tips for Solo Parents

>> Thursday, November 08, 2012

Tips for Solo Parents on How to Handle Money
taken from ANC's On the Money
with Vina Dimanalata - Registered Financial Planner

-----------------------------


Based on a recent survey, around 14 million Filipinos are single parents.

If you're one of them, how do you reach financial independence despite flying solo?

Solo parenting is a growing trend.
This is due to any one of the following:
- young adults w/ children out of wedlock
- separated from spouse
- widow/widower
- spouse of OFWs

-----------------------------

Important To do list for Young Single Parents
1. Find a stable job to be able to predict the income that will be coming in.

2. You must realize that you have a dependent.
And if you have a dependent, the number one thing that you have to do is to protect yourself.
Protecting yourself means that if anything unfortunate happens to you (like death or illness), the expenses and needs (ex. education, day to day living expenses) of your child who is your dependent are covered and are taken cared of.
You protect yourself by getting an insurance.
With an insurance, in the event that something happens to you, your child will receive an amount of money which will be used for his needs in the absence of your earnings.

3. Consider preparing for your children's education.

Read more...

ABS-CBN Studio Tours

>> Wednesday, October 31, 2012

Want to take a peek inside ABS-CBN, see how TV shows are made and even watch a live program like ASAP or Showtime?


Call ABS-CBN Studio Tours at 4152272 local 3622

The Importance of Giving Back

>> Friday, October 19, 2012

... remember the LORD your God, for it is he who gives you the ability to produce wealth...
 Deuteronomy 8:18

Let us always remember, everything that we have is from God, the ONE who gives victory to kings.

Back to Basics - Saving with a Piggy Bank

Were you able to watch this week's episode of Ako Ang Simula (October 17, 2012)?
The topic was about "How to Start Saving? Go Back to Basics -  Gumamit ng Alkansiya" .

According to a survey of Bangko Sentral ng Pilipinas, only 2 out of 10 Filipinos save.

The idea presented was if you find it difficult to start saving,
start with the way we were taught to save when we were kids, gumamit ng Alkansiya! =)

The show featured a tricycle driver who shared how from being a garbage scavenger,
he was able  to send his children to school and also buy his own tricyle.

His secret, every day, naghuhulog siya sa alkansiya ng P10.
Whenever he had extra money, naghuhulog sya ng P15 or P20.
After a year or so, he was able to accumulate P20,000 in his piggy bank.

Read more...

SUNset Run with Papa Piolo and STAR Magic

The magic of Christmas shines brighter under the SUN and the STARS. 

On November 24, Sun Life Financial's 2nd SunPIOLOgy run kicks off at Sunset at the Venice Piazza on McKinley Hills. This is the 2nd year that Sun Life, in collaboration with its brand ambassador Piolo Pascual, will be holding a run for a cause with Hebreo Foundation as its beneficiary.

The event does not end at the finish line as a benefit show dubbed "Star Magic Gives Back" caps the night.

Everyone will be treated to a musical special featuring Pokwang, John “Sweet” Lapus, Sam Milby, Khalil Ramos, Daniel Padilla, Kathryn Bernardo, Enrique Gil, JM De Guzman, Alex Castro, Bryan Termulo, Myrtle Sarrosa, Robi Domingo, Sam Concepcion, Drei Felix, Megan Young, Jolo Estrada, Bangs Garcia, Empress, Paolo Avelino, Jason Abalos, Young JV, Rayver Cruz, Matteo Guidicelli, Bugoy Drilon, Liezel Garcia, Nyoy Volante, Jed Madela, Yeng Constantino, Angeline Quinto, Xian Lim, Enchong Dee, Maja Salvador and Piolo Pascual.

Read more...

Professional Tax Receipt Part 2

>> Monday, September 17, 2012


Finally got my PTR at the San Juan City Hall. Took me less than 5 minutes!

I'm surprised to see that our government buildings are not what I thought they would be - dilapidated and stuffy.

It was actually pleasant and cool inside the buildings.

Makes for a good stop for tourists.

Professional Tax Reciept

>> Wednesday, September 12, 2012

Went to the Quezon City Hall to get my Professional Tax Reciept (PTR).
Upon entering the building, I asked the guard where I can get the PTR and he told me to go to the Miscellaneous office. The officer-in-charge at the PTR window was having lunch when I got there but she still entertained me.

Unfortunately, she said that the Quezon City Hall only issues PTRs for professions regulated by the PRC (Professional Regulatory Board).

So I have to go to other cities' city hall to get my PTR.

Anyone else encountered the same experience?

Which City Hall ba ang pinakamalapit sa Quezon City Hall?


--Update--
 Went to San Juan City Hall instead and got my PTR for P300 in less than 5 minutes!

Myths in Personal Finance 1

>> Friday, September 07, 2012

Taken from "5 Myths in Personal Finance" by Efren Ll. Cruz, MoneySense Magazine

MYTH: To save, buy those items that come with free stuff 
If you could buy an item on a buy one take one promo, grab it; or should you? 
Only when you need to buy the item will these buy one, take one deals become a steal.    
As my wife and I were getting off an escalator in a mall, we nearly held up foot traffic when saw a foot stool that was being sold on a buy one, take one promo. But then we realized that we didn’t really have a use for even just one foot stool. 
In some situations, one piece of an alternative brand would still be cheaper even if you divided by two the price of the brand that is on a sale promotion.
Drop me a note if you would like to get more information on Financial Planning =)
geecc[at]hotmail[dot]com

Simple ways to save for your child's education even with just P1,000 a month

>> Wednesday, August 29, 2012

Thinking about future expenses may seem daunting but you can start with these little steps.

Let's say you are 32 years old, Male, Non-smoker, with a 3 year old daughter.
Your daughter will enter college when she reaches 17 years old which is 14 years from now.

For P8,670 per year or P2,168 per quarter (roughly P723 per month, that's only P362 per payday!),
by the time your child is 17 yrs old, you would have a projected fund of P147K to P169K.

Read more...

No worries for the future

>> Friday, August 17, 2012

  Sun FlexiLink Bam AquinoSun FlexiLink Bam Aquino
"When I grow old, I don't want to be a burden to anyone." - Bam Aquino


Sun FlexiLink is a peso-denominated variable life insurance plan that provides financial protection PLUS the flexibility to choose where your premium payments will be invested. Top-notch investment professionals will carefully invest a portion of the premiums you pay – so you get the best out of your hard-earned peso.

You deserve a good future
Unfortunately, out of 100 Filipinos who retire, 45 still depend on their relatives, 30 count on charity,  while 22 can't stop working in order to support themselves.

You want the best for your family
Sadly, 90% of Filipinos have little or no savings at all to leave their families when they pass on.
Let Sun FlexiLink take care of your biggest concerns - your future and the future of your family.

Protection for your family
Protect your loved ones
In the event of death, the amount that your family or beneficiary can receive may increase depending on the value of your investment.

Customize your plan
Additional benefits such as accidental death benefit, waiver of payment upon disability, hospital income benefit and critical illness benefit may be added to your plan to cover unforeseen contingencies such as accidents and illnesses.

Investment for your future
Grow your retirement fund now
Your funds are invested in a diverse range of securities managed by professional fund managers. Hence, they offer higher earning potential than traditional bank deposit accounts.

Exercise your freedom of choice
Choose from 9 different investment funds that suit your financial objectives. Plus, enjoy the freedom to switch funds depending on your changing needs and objectives.

Enjoy flexibility of payment
Payments can be made in excess of the regular premium to boost the earning potential of your investment fund. You can also decrease or stop paying temporarily, provided the fund value can cover monthly charges.

Best for you and your family
Professionals, entrepreneurs, corporate employees, breadwinners, goal-oriented individuals
Moderate investment risk tolerance

Insurance and investment for a brighter future only from Sun Life Financial.

No worries for the future with Sun FlexiLink!

     
Age  Quarterly Minimum Deposit
20           P1,877
30           P1,937
40           P1,950
50           P3,079
60           P3,188
70           P8,172


I'm interested, how do I start?
Email your
    Full Name
    Age
   Contact Number
    Location
    Target Monthly Investment Budget
to grace.c.cunanan[at]sunlife[dot]com[dot]ph
or you can also leave a comment below.

Start investing for your child today


Start investing for your child today with Sun Life Financial.

Sample plan for a 1-year old child.
Plan: Sun Flexilink

For yearly premiums/deposits of P12,270 (just 34 pesos a day!)
or P184,050 for 15 years, by the time your child is 21 years old,
you would have saved P309,055 as a gift for his/her college graduation.

If your child doesn’t withdraw the money and leave it until he/she retires at 65 years old, he/she would have saved for a retirement fund of P8,624,853.

What If?

Have you ever thought of the 2 "WHAT IFs" sa ating buhay?

Ang unang what-if ay "what if I die too early"?
Tulad ni Francis M who died at age 44 leaving behind his wife and 8 kids.

Huwag naman sana, pero "what if"?
Paano na ang aking mga anak at asawa?
Sino ang magbabayad ng pang-araw araw nilang gastusin?
Ng upa, kuryente at tubig?
Paano na ang tuition fees ng aking mga anak?

Ang ikalawang what-if naman ay "What if I live too long"?
What if I live upto 83 katulad ni Tito Dolphy?
When I'm in my 70s, most probably wala na akong monthly salary because I will be too old to work.
And most probably by that time, may mga sakit na rin ako na common sa mga may edad.

Enough kaya ang savings ko for my daily needs?
Who will pay for my maintenance medicines? Pang-hypertension, pang-diabetes..
What if i get hospitalized?
If kunin na ako ni Lord, paano ang aking pamburol at panglibing?
Ayokong maging pabigat sa aking pamilya dahil sa mga financial needs ko.

Medyo morbid kung iisipin but these are life's CERTAINTIES.
Siguradong isang araw ay haharapin natin ito.

Either WE DIE TOO EARLY or WE LIVE TOO LONG.

And these 2 what-ifs can be answered by getting yourself or your family an insurance or an investment.

Kapamilya, insured ka na ba?


Get a chance to fly to the US

>> Friday, July 27, 2012

or win a Rudy Project watch or bag daily.


Watch the short film "1945" by Direk Jun Reyes (director of "The Last Journey of Ninoy" and "Crying Ladies").
Starring Angel Aquino and Richard Quan.
Like it and leave a comment for a chance to win a trip to the US.

 Film Synopsis

 Amidst the darkness of war, a father shelters his family from harm. But long after peace settles in the land, can his love shine through the pain and horror of loss and devastation?

Globe UnliText to ALL Networks - SUPERALL TXT 20

>> Wednesday, July 25, 2012

Can't get enough of texting? Then, text everyone-and we mean EVERYONE-with the new Globe SUPERALL TXT 20!

If you're a Globe Prepaid subscriber, you can easily avail of the Globe SUPERALL TXT 20 just by texting ATXT20 to 8888 to register. All you need you is a minimum of Php20 load and you get to send 250 local texts to ALL networks (Globe, Smart, Sun, Red, TNT) for a day. Just make sure to maintain a Php1 balance to fully enjoy this promo.

Unleash your texting power. Make use of the Globe SUPERALL TXT 20 now!



Confirmation message that will be sent to you regarding activation:

Your Globe SUPERALL TXT 20 is now active! You may now enjoy 250 texts to ALL NETWORKS for 1 day! Please maintain P1 balance to enjoy the service. To check balance, text ATXT BAL to 8888 free. To end subscription, text ATXT STOP to 8888 free.

Sun FlexiLink - No worries for the future

>> Thursday, July 19, 2012

  Sun FlexiLink Bam AquinoSun FlexiLink Bam Aquino

"When I grow old, I don't want to be a burden to anyone." - Bam Aquino


Sun FlexiLink is a peso-denominated variable life insurance plan that provides financial protection PLUS the flexibility to choose where your premium payments will be invested. Top-notch investment professionals will carefully invest a portion of the premiums you pay – so you get the best out of your hard-earned peso.

You deserve a good future
Unfortunately, out of 100 Filipinos who retire, 45 still depend on their relatives, 30 count on charity,  while 22 can't stop working in order to support themselves.

You want the best for your family
Sadly, 90% of Filipinos have little or no savings at all to leave their families when they pass on.
Let Sun FlexiLink take care of your biggest concerns - your future and the future of your family.

Protection for your family
Protect your loved ones
In the event of death, the amount that your family or beneficiary can receive may increase depending on the value of your investment.

Customize your plan
Additional benefits such as accidental death benefit, waiver of payment upon disability, hospital income benefit and critical illness benefit may be added to your plan to cover unforeseen contingencies such as accidents and illnesses.

Investment for your future
Grow your retirement fund now
Your funds are invested in a diverse range of securities managed by professional fund managers. Hence, they offer higher earning potential than traditional bank deposit accounts.

Exercise your freedom of choice
Choose from 9 different investment funds that suit your financial objectives. Plus, enjoy the freedom to switch funds depending on your changing needs and objectives.

Enjoy flexibility of payment
Payments can be made in excess of the regular premium to boost the earning potential of your investment fund. You can also decrease or stop paying temporarily, provided the fund value can cover monthly charges.

Best for you and your family
Professionals, entrepreneurs, corporate employees, breadwinners, goal-oriented individuals
Moderate investment risk tolerance

Insurance and investment for a brighter future only from Sun Life Financial.

No worries for the future with Sun FlexiLink!

     
Age  Quarterly Minimum Deposit
20           P1,877
30           P1,937
40           P1,950
50           P3,079
60           P3,188
70           P8,172


I'm interested, how do I start?
Email your
    Full Name
    Age
   Contact Number
    Location
    Target Monthly Investment Budget
to grace.c.cunanan[at]sunlife[dot]com[dot]ph
or you can also leave a comment below.

About This Blog

This blog is my attempt to document the bits and pieces of my life. It also serves as a reference for things I need to remember every now and then, like activating UnliText, among other things.

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