Many Pinoy today are being
aware on the word of investing and already winning the money game. But still
there are many Pinoy losing in the money game year after year.
Table below shows the
inflation rate in the Philippines from January 2011 up to June 2013.
As you can see, our country is performing great and had bring down the inflation rate for about 2.6%. But, what really inflation is? And how can it affect in my daily life as normal Pinoy.
Inflation is a rise in the
general level of prices of goods and services in an economy over
a period of time.*1 And as prices of commodities goes up, the
purchasing power of your money goes down.
If you are going to check
10 years ago, the price of one sack of rice is around 800-1000 pesos, but today
it will cost you around 1500-2000 pesos.
What does it means? If you
have 800 pesos in your pocket 10 years ago, you can already buy 1 sack of rice.
But if you have the same 800 pesos today, you can only buy half sack of rice.
And you need to double your effort in your work today so that you can buy
another half sack of rice that costs you 800 pesos.
How can we relate it to
Pinoy investing?
Table below shows the
deposit interest rate in Philippines from 1967 to 2013
Time to time, deposit
interest rate gave by the bank continuously going down. And these are the only
investment instrument that our grandparent teaches us. As you can see, in the
time of our grandparents, deposit interest rate is beating the inflation but
today, it cannot outpace the inflation. So we need to have a new financial
strategy.
You need to learn how
money work hard for you while you are working hard for your family by means of
beating inflation rate with proper investment. The formula below can guide you.
If you want to learn more,
we are giving seminar about “Financial Discipline and Practical Wealth
Management”. We wanted everyone to increase their financial IQ so that they can
reach their financial goals.
Wealth Academy Schedules:
Regular Sched:
Makati
Mon – 930am, 630pm
Wed – 200pm, 630pm
Sat – 900am, 200pm;
and
look for Joseph Zuela/Chona Malanog or you can request for a
special session nearest in place to you. Just send us a message in email at joseph.zuela@gmail.com
or call or text in 0999.580.7013 for smart, 0915.616.8640 for globe, and look for Joseph Zuela.
For your financial
guidance,
Joseph Zuela,
Associate Financial
Planner (AFP)
Wealth Academy Trainer
>>> Do you think you really need to start managing your finances. We can help you together with my mentors and coach in our company. Accomplish first Personal Financial Strategy Survey! for us to know that you are really interested <<<
