Magandang simulain ang pagkakaroon ng nakasulat na financial plan. Kabilang ka sa mangilan-ngilang Filipinong mayroon nito.

Ang financial plan ay dapat nakasulat at hindi inaasa sa kakayahan nating umalala. Mahalagang may purpose sa bawat financial goal upang madali itong maipaliwanag sa sarili at sa mga mahal sa buhay. Kapang ang financial goals ay maayos na naipaliwanag sa mga mahal sa buhay, tutulungan ka nilang makamit ito.

Mabuti naman at alam mo ang iyong priorities sa buhay. Marami kasi ang pinagsasabay-sabay nila ang kanilang mga financial goals kaya tuloy walang naaachieve. My suggestion is for you to focus at one financial goal at a time. Pag natapos ito, saka naman bigyan ng focus ang susunod.

Kailangan mong i-set mo ang iyong priorities sa buhay. Iwasan ang pinagsasabay-sabay ang mga financial goals dahil walang maaachieve kapag ganito ang ginawa. My suggestion is for you to focus at one financial goal at a time. Pag natapos ito, saka naman bigyan ng focus ang susunod.

Napakahalaga na alam mo kung magkano ang katapat na budget ng iyong financia goal. Buko dito, alam mo din kung kaialan mo ito balak-ma-accomplish. Senyales ito na maayos ang pagpaplano mo sa buhay.

Ang maayos na financial plan ay naglalagay ng katapat na budget para dito para siguradong mapaglaanan mo ng pera at panahon ang iyong financial goals. Dapat nilalagyan din ito ng realistic na timeline.

Ang mga sources of income natin ang magiging tulay upang mapondohan ang ating budget para matugunan ang financial goal. You are a step ahead dahil alam mo na kung saan mo kukunin ang panustos sa iyong financial goals.

You may be a step behind dahil hindi mo pa tukoy ang mga sources of income upang mapondohan ang ating budget para matugunan ang financial goal. It is time that you give this your attention para na rin sa iyong growth.

Dahil may plan of action ka sa bawat source of income na nabanggit mo sa iyong financial plan, I am sure you are highly motivated and inspired everyday to work (or invest) dahil alam mong every action you take leads you closer to your financial goals.

Dahil wala kang plan of action, I am betting that you feel lost and you don't know where to begin. Hindi naman kinakailangang nandiyan na ang source of income para sa budget natin; this is actually the purpose of the action plan - to help you think of creative ways and be resourceful in coming up with an income source.

You are on the right track with your net worth. Since you are already at this stage, it would be good to take a look at each of your assets, at tingnan kung kumikita ang mga ito. Magandang magkaroon ng earning assets kaysa mga non-earning assets.

Good for you that your actual net worth is about the same as your prescribed net worth. I suggest that you focus on increasing your assets, especially earning assets. At the same time, maganda rin na tingnan mo ang iyong liabilities. The sooner na mabawasan mo ang liabilities, you will surpass your prescribed net worth faster.

You have to identify the reason why your actual net worth is lower than your prescribed net worth. I hope that your net worth is not negative because that would mean you are insolvent or bankrupt.

Slowly try to think of ways on increasing your earning assets. If you have a lot of assets BUT also a lot of liabilities; it might be worthwhile to assess which assets you are willing to let go so that your financial burden will be reduced.

Good move that your savings are very liquid. Maintain this para sakaling may emergency, hindi kinakailangang mangutang. Liquid savings can also give you the flexibility to invest and seize opportunities quickly as they arise.

Dapat nakalagay ang emergency saving sa cash or near cash investments. Yung madaling i-convert into cash. Karamihan dapat nito ay nasa bank deposits tulad ng regular savings accounts or time deposits. 

Start small when saving and teach yourself to find pleasure when doing this. One tip is to always make sure na may purpose or paglalaanan ka sa savings mo; hindi ako bilib sa mag-save at kakalimutan. Walang pleasure doon.

It is also a good practice that you only use emrgency savings for emergency purposes o mga bagay na matter of life and death; unexpected, necessary and urgent. Keep up the good work.

Strictly speaking, emergency savings should only be used in events that are considered as matter of life and death situations - unexpected, necessary and urgent. I-separate ang savings na hindi classified under dito katulad ng pambili ng gadgets, bakasyon, damit etc.

You are one of the very few Filipinos na nakapagtabi ng emergency savings na higit pa sa 9 months ng monthly expenses. Saving and investing is perhaps second nature to you. If you can, please share your knowledge, expertise and techniques to others.

Ang recommended emergency savings ay equivalent sa 9 months ng expenses mo. May naiipon ka na pero kailangan pa itong dagdagan para masabing you already have enough emergency savings. Kaunting effort na lang and you will get there. I suggest that you prioritize this para panatag ang kalooban sakaling tamaan ng emergency.

A little savings is better than nothing. Hindi pa huli ang lahat. At least may oras pa para sa iyo na bumawi ngayon na nalaman mo na hindi pala sapat ang emergency savings mo. Start small hanggang masanay ka na mag-save.

I hope you will take it to heart to save. You owe it to yourself. Responsibilidad nating pangalagaan ang ating sarili bago ang iba. Kung anuman ang pnagkakagastusan mo ngayon< i suggest that you take a step back and assess.

Tandaan na ikaw ultimately ang may say kung saan mo ilalagay ang pera mo. The fact is, you cannot ignore your responsibility to yourself. Start small, mas maganda na ang may kaunti kaysa walang wala.

Look for people who can help you to save. Paligiran mo ang sarili mo ng mga taong ganito para magkaroon ng inspiration at motivation to save.

Good for you that you have enough health insurance coverage. As you age, you can increase the cover for this or you can build an investment fund na ang sole purpose ay gagamitin mo kapag nagkaroon ng malubhang pagkakasakit.

You should prioritize health insurance. This is very important especially if you are the bread winner. Double whammy kapag nagkaton - mawawalan ng source of income tapos magkakaroon pa ng karagdagang gastusin. If you love your family, get health insurance.

The ideal scenario is to have assets that is greater than your liabilities. Sa sitwasyon mo; higit pa sa kalahati ang sosobra sa katumbas ng assets mo kumpara sa loans. Just a reminder though, make sure na ang assets mo ay eraning assets para mapabilis ang pagkakaroon ng passive income. 

Pasado ka sa solvency ratio pero mas maganda kung maiaangat mo pa ito. Focus in reducing your loans and increase your earning assets. Just a reminder though, make sure na ang assets mo ay eraning assets para mapabilis ang pagkakaroon ng passive income. 

You may be threading dangerous ground here kasi medyo malapit ang assets and liabilities mo kung hindi man mas malaki ang liabilities. We aim for asset accumulation that earns income for us.

Prioritize paying your debts para hindi added burden sa iyo. Once kasi na mabayaran mo ang loans mo, you free up money that you could use for saving and investing. 

Take small steps everyday. Darating ka din sa panahon na mawawala ang loans mo.

Magaan ang pakiramdam ng walang alalahaning bayarin kada buwan, di ba? Keep up your good behavior at umiwas sa loan as much as possible lalung-lalo na kapag ito ay hindi mo nagagamit sa productive purpose.

You are fortunate to be in this situation, so do not tolerate others and lend them money kung hindi nila ito gagamitin sa produktibong bagay. Responsibilidad mo na turuan silang mangutang nang tama.

Medyo malaki ang loan amortization mo compared to your monthly income. Huwag mo itong hahayaang pang lumaki dahil mabigat ito. Isipin mo na lang na ang pinaghihirapan mo araw-araw ay napupunta pambayad sa utang. Not a good feeling right?

So I suggest that you prioritize reducing your loan para mas magkaroon ng savings at pang-invest.

You are heavily burdened with debt. If you continue on your, magiging alipin ka ng utang. Ang una mong dapat gawin ay huwag nang dagdagan ang utang. Ipangako mo sa sarili mo yan, you owe it to yourself.

Next step ay kausapin ang mga pinagkakautangan at makipagnegosasyon sa kanila ng scheduled payments para matapos ang loan sa lalong madaling panahon. After that, build the strength to discipline yourself para matapos na ang utang.

You practice good financial housekeeping dahil sinusunod mo ang budgeting rule. Actually, ang general rule dito ay save and invest as much as you can. So if you could do more of saving and investing, better yun. Basta balance it out with good quality of life, ok? At the end of the day, ikaw naman ang magdedesisyon niyan.

At least you are tryong to comply with the budgeting rule. One technique that I use is to focus my energy in creating additional income not just reducing expenses. I find it a lot easier. This might help you too.

Kailangang-kailangan mo talagang matuto sa budgeting - which is the most basic skill in money management. It takes practice and a lot of discipline. Humanap ka ng mg ataong makakatulong sa iyong magawa ito para meron kang reinforcement.

One technique that I use is to focus my energy in creating additional income not just reducing expenses. I find it a lot easier. This might help you too.

Maganda at alam mo ang market value ng iyong mga ari-arian. Natatrack mo kung ito ay nag-appreciate o nag-depreciate. Of course, we have to invest in assets that appreciate and generate passive income.

Alam mo din dapat ang expected na pension mo sa SSS; pension sa kumpaniya; o kaya naman sa host country kung Overseas Filipino.

Dapat alam mo ang market value ng iyong mga ari-arian para ma-track kung ito ay nag-appreciate o nag-depreciate. Of course, we have to invest in assets that appreciate and generate passive income.

Alam mo din dapat ang expected na pension mo sa SSS; pension sa kumpaniya; o kaya naman sa host country kung Overseas Filipino.

Magaling! Alam mong ang susi patungong retirement ay sa pamamagitan ng passive income at pagpili ng simpleng pamumuhay. Sana ay maituro mo ang iyong kaalaman at kakayahan para ma-impluwensiyahan ang ibang tularan ka.

Maganda at nakapagsimula ka nang magkaroon ng passive income. Maraming mga Filipino ang nahihirapan dito at naisasantabi kaya kahit na retirement age na, kailangan pa ring magtrabaho.

So I siggest that you take investing seriously at humanap ng mga legal at maayos na paraan para kumita.

Passive income ang nakakalimutan ng akaraniwang Pinoy tulad mo. Ang focus ay kumayod nang kumayod at nakakalimutang mag-save at mag-invest.

Take a step back, sundin ang budgeting rule at maglaan ng budget para sa investment. Ang goal mo ay makahabol man lang sa iyong financial life stage para hindi ka datnan ng pagtanda na kumakayod pa rin.

You strive for more knowledge and you quench this by reading books, attending seminars and surrounding yourself with people na maraming alam sa tamang paghawak ng pera. You are very fortunate, nawa ay ibahagi mo ito sa iba.

Tandaan, ang pagyaman, napag-aaralan!

Nagsisimula ang lahat sa pag-aaral. Kaya kailangan ng sipag, tiyaga at higit sa lahat ang paglalaan ng panahon para madagdagan ang iyong kaalaman; mahasa ang iyong kakayahan at maparami ang mga kakilalang marunong humawak ng pera.

Maraming libreng information online. Isa na dito ang panonood ng mga videos ko at pagbabasa sa aing blog. Neron din tayong mga online course kung wala kang panahon na pumunta sa live training events.

Hindi pa huli ang lahat. Magsimula ka na ngayon. 

Tandaan, ang pagyaman, napag-aaralan.