EMANCIPATE THYSELF FROM POVERTY- SUN LIFE marks Financial Independence Month with wealth & health campaign

Financial Literacy

It has been a long standing battle cry of every pre-need company that, everybody should ideally work on how to manage their finances aptly. One must practically save, save and most of all save no matter how petty or gigantic it may be. Recently, SUN LIFE, stepped up and distinctly, walk the talk. Such lengths had been exerted as SUN LIFE commissioned Social Weather Station (S.W.S.), took the role of going and gathering data from the far flung, the sophisticated, up to central business district areas in the country.

Reason being? How we Filipinos spend our precious monthly earnings.

Result Verbatim:

As per author’s experience, how most of us spend, depends on the number of Sale Super-Malls prepare on a monthly basis. Often times we end up buying what we only want and not we really need. In reality, we end up stressing ourselves with so much work. Inevitably, losing our drive in fulfilling our dream to a life of “Time and Financial freedom”. 

Financial Quotient

SUN LIFE and Ms. Rose Fausto advocacy, aims to aid families raise their millennials to a responsible young financial planner.

Ms. Rose Fausto, First Sinag awardee for Digital Content, shared her views, plans on how she will impart to us Filipinos her advocacy. She also divulge her experiences in raising her millennials in such a manner that would really define their character not just as an achiever in various fields but also in terms of how they were able to save at an early age. She also added, the best way to motivate your millennials to work right away after college is by simply cutting off their allowance after graduation.

Kidding aside, As with me, what I was able to experience as I immersed basically in between streets of Mendiola and Arlegui in Quiapo, given the turmoil of rallies, riots, teargas', gang-wars which were peculiarly rampant during the 80’s, was mixed, depressing and at the same time inspiring. Ours was nestled in the corner were achievers such as Robert Barbers, Roberto Pagdanganan amongst others emerged and at the same time sandwich between areas were slums were prominent. With that odd setting, most people’s frame of thought at that time is simple, Work Offers Reassurance to Kin (WORK)). No matter what obstacle’s up front, it will surely pass. A typical work-spend-work cycle without even saving for their retirement. Worst part is not even a dime was save for their medical or hospitalization. Common phrases were Bahala na si Batman. .  Bahala na si superman. . The most common kapag oras mo na, oras mo na (If it’s your time, it’s definitely your time to meet the creator). . Most forgot that Saving Also Verifies Equity (SAVE), it’s not how much you spend but how much you save. They forgot their goal of having the essentials of a well live life once they retire. Thus, Saving Affirms Values of an Enriched (SAVE) future. Cellphones, tablets are not as popular as it is back then, but in other forms, they spend big such as in fiestas, vehicles and other irrelevant stuffs like vices which tops the chart of excuses.

Fast Forward, Late 90’s, When I was able to work and get a Sales Director position in one of the most fast growing real estate company in our country, I was able to personally witness a scenario wherein an elderly roughly around her 80ish was left outside the house of her daughter. Sad part is, the mother was left by her another daughter due to lack of funds and other reasons given by the daughter. A lot of us Filipinos gives our resounding and unconditional all, just for our family to enjoy a decent meal at least thrice a day, have our children finish college and really work hard for it. AFTER ALL THE SACRIFICES, The person who gave his/her all, reached old age, spent all his retirement pay for his children and grand-children. Eventually, the giver now becomes the taker. For some heartless children, they call them parasite. Inevitably, Love becomes hatred. The odds are confusingly disappointing. Another popular phrase, Di mo alam kung maiinis or maaawa ka (you don't know if you'll get frustrated or empathize with the person). One thing is for sure, both of them were victims. I just hope that, the vicious cycle stops. No one wants to end up leaving their mother on a folding bed in front of a sibling’s house. Painful as it may seem, sometimes the wake-up call most of us gets is the time when we can’t do anything with the situation. So helpless, that we often use the phrase “kung maibabalik ko lang” (if only I can turn back time). 

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To aid one further to Plan for the future, for we only live once. SUN LIFE recently launch Brighter Life Institute, focused on preparing Filipinos of all ages to his desired future. For more Info on how to achieve #Fit2Livefree, acquire more wealth and good health please visit http://brighterlife.com.ph/