So what actually happened last 2017 with your goals? Did you focus on travel, relationship or financial goals? We’re you able to achieve what you have targeted? If not, fret not! You do not have to be hard on yourself because there are a lot of people (me included!) who did not perfectly achieved their goals for 2017. Good news is, it is a brand new year. We are all given the chance to start again, continue, add more goals and make new beginnings.
This new year, if we ended way below 100% achieving the goals we have set back then, then there has to be a different approach. New rules and terms has to be implemented. As they most people would say, change is necessary. Start with getting yourself a planner or an unused notebook to keep track of these goals. Might as well list down the goals in front and at the back of your planner. At the end of the year, you can easily check out which ones you have not yet achieved.
Sharing with you are some tips I got from a few financial planning seminars and training I have attended last year that you may want to try as well:
Write down your goals and their terms.
On paydays, pay yourself first.
Avail of a VUL insurance policy. (It is a good Medium to Long Term investment tool)
Eliminate your debt.
Cut down on the amount of TV time. (Unsubscribe to Netflix if you must!)
Turn your hobby into a small business.
Pack your lunch and avoid fast food.
Declutter and do a yard sale.
Avoid out of network ATM fees.
Stick to cash and stop using your debit or credit card if you have one.
Avoid items not in the grocery list.
Walk to work, carpool or take public transportation.
Go DIY (Cards, gifts, coffee and even repairs!)
Exercise and drink more water.
Grow your own veggies.
Balance your YOLO attitude.
Focus on your goals. (Eyes on the prize!)
There is no guarantee all these tips will actually help or have a massive effect in achieving your goals but trying them out will sure help YOU. When you become aware and become a lot more observant of your own attitude, then you have improved. You have matured. You become a better version of yourself. And, if you have shared the goals you have set to a family member or a friend, they have learned from you too. Achieving your goals became a happy process in the end, right?
Just keep going and trying for there is a ripple effect in everything. And remember, when you keep trying new things for you to achieve your goals, and you put your heart in it…there is no way you would not get it.
* A juvenile (child) insurance cum investment plan serves two purposes:
Financially secure your child’s future. Finance the turning points in his/her life such as college education, graduation, business start-up and marriage.
In all honesty, there were a lot of debates about juvenile insurance. Indeed widely controversial at the start, but life insurance for children eventually gained acceptance, worldwide. In this fast-faced world of ours, a juvenile policy is also being considered as a form or part of a sound financial plan. An investment tool to be exact. Our kids have big dreams. Might as well start saving for their dreams….now!
Be there in every step of the way. Get to know more about juvenile insurance. Send me a message to schedule a face-to-face presentation of Pru Savings and understand how it benefits you and your child.
It is an innate nature of people (the want) to get rich, fast! But honestly, a lot of us too, has been blinded by a number of scams and investment companies. There were people who learned their lessons about investing, although there are still some being fooled until now. So, if you would not want to be blinded and scammed, read on.
Set clear investment goals — long-term goals to be exact. Keep in mind that “time in the market is more important than timing the market.”
Automate your savings (pay yourself first)
Know you risk profile – this is perfect when done with someone who knows more about investments.
Consult your advisor (about many things associated with investing) – item number 3 above goes perfect with this.
Diversify – As you may have already heard, “Do not put all your eggs in one basket” as they say.
Be realistic – be honest with yourself too.
With your investment, ask yourself “do you need life insurance cover?” If you want your investment to be protected, protect yourself first. When you discuss with your advisor, be clear with your goals. It is okay to be very honest with them regarding your capacity, plans and needs. This way, they would be able to provide you a quality investment advise.
Eastspring Investments – an international financial services group operating in Asia since 1994, Eastspring Investments is the Asian asset management business of Prudential plc, PruLife UK in the Philippines. Awarded as Asia Fund House of the Year (2017) by the Asian Investor Asset Management Awards.
This is your Fund Manager dear clients! Eastspring Investments is committed to acting in the best interests of the clients and delivering high quality investment outcomes over the long term. Transparent to all investors of PruLife UK!
PruLife UK, trusted leaders who listen and respond to the financial needs of the Filipino people.
We are amazed of your generation’s achievements. We are genuinely happy that many young people like you has proven more than just being stereotypes. You have a vision. You are a dreamer. But then, life is not just about being a dreamer. Something must be done to achieve these so called dreams. Along with the actions needed for such achievements, you have to be protected. Some kind of “assurance and protection” is necessary.
Getting a PruLife VUL is a combination of care, love and responsibility. Be a responsible Millennial, be insured! DO something your future self and family will thank you for. Ask me how.