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Showing posts from December, 2017

Financial Planning: Future-Proof Your Finances

Happy last Friday of 2017!!! So how prepared are you for 2018??? :D I recently met with a financial adviser who shared with me the basics of financial planning.  I won't discuss everything in detail, because I'm not really in the position to do so, but I'll share what I can. :) First, there's what we call FINANCIAL TRIANGLE:  Then the three major risks in life namely:  1. Dying too soon 2. Living too long 3. Sickness/Disablement  Now the big question is, how prepared are you for these risks?  During the BDJ Launch Weekend, I got to listen to Cheska Sarausad and she shared the following worries that most adults have:  1. Can I take care of my aging parents? 2. Can I send my children to college? 3. When I am unable to work, who will take care of my family's needs? 4. When will I afford to get a house for my family? 5. If I get critically ill, will I be able to pay the bills? 6. Will I be able to afford to travel outside