“ Never put your eggs in one basket“- When you invest, make sure not to place all your money in a single investment opportunity or else, when unexpected things happen, you’ll definitely lose everything as well.It is better to try than being safe and doing nothing at all. FEAR… Educate yourself and take the risk.LACK PLANNING… We can start focusing on planning now because nothing happens by chance wherein everything must be well planned for success is not just some luck that will be poured over us.Or we can even invest in seminars, trainings, conferences, or books-digest it in and apply. LACK FINANCIAL EDUCATION… We can ask and consult the experts who could help us understand.We can learn to prioritize our savings and what is left must only be our expenses The thing is: WE HAVE A CHOICE! That if we: WHY FILIPINOS DON’T PREPARE This is the sad part among us Filipinos, even though we already know that we need to allocate money for our retirement, we still hide behind reasons for us to avoid reality. Retirement is ALLOWING MONEY TO WORK FOR YOU and not the other way around because at this point, we must be stress freeĢ.Retirement is HAVING MONEY SAVED FOR A SUNNY DAY(Sunny because the term rainy is so negative) when in fact hard-earned retirement money can also be used to enjoy.Retirement is about NOT WORRYING ABOUT MONEY even with your daily expenses used for necessities, emergencies, and such.Retirement means that EVEN YOU STOP WORKING, INCOME MUSTN’T STOP.The Truth: Retirement is not about using your savings and pension to make you survive Our reaction: “It’s okay, I have my PENSION and SAVINGS to keep up with my daily expenses” We might say: “It is the time that we are required to stop working because of the age.”
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I got interested with this topic even though I’m still in my 20’s…(well late 20’s) because I myself would want to be financially and stress free when I reach that age, besides, there’s no such thing as “TOO EARLY” when it comes to saving money for the future.Īs much as I want to say everything (because it’s the truth), I chose one concept that struck me most which is the: IDEA OF RETIREMENT in general. Is it possible? YES IT IS!! And it was indeed surprising that even the smallest amount can help us allocate money for our retirement fund regardless of the age.
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The conference took 5 hours full of jampacked information that guided each and everyone into making the right choices in handling and managing money in order to attain retirement at the age of 50. MY LUCKY PASS ? BEFORE THE EVENT KACHINK PARTICIPANTS CO-MEDIA PASSERS Ferdinand “Chinkee” Tan wherein 2000 participants all over the Philippines participated (talking about influential here) -and it was said that 7000 people were interested to join but the tickets were already sold out.
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Yesterday, J(Saturday), I got the chance to attend to one of the biggest conferences this 2015 entitled: KaChink! How to Retire at the Age of 50 held at Metrotent, Metrowalk, Ortigas Center Pasig City conducted by no other than the most influential and known Wealth and Life Coach, Mr.
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Although there are many options that we can choose as to what aspect we want to learn and improve on but in this case, I chose to learn about RETIREMENT. They say that it will always be a great idea to invest your money and time into something worth it such as seminars or conferences that will feed your mind and help you develop as a person.