Rich Luxuriance: Saving and Investing for Abundance

Stop making excuses, take action, and secure your future now! ✨

Take note that no matter what your excuse is, your child will grow up and enter college, and you will need money for their education.

No matter what your excuse is, you will eventually retire and stop making active income.

You have to be prepared for these kinds of situations. Be with a community that inspires you. When the members of your group save, they will also encourage you and push you to keep.

IMG's mission is to convert people from SPENDERS to SAVERS and teach them how to save the right way.

Start with us by clicking this link: https://376394ph.30m2030.com

Get your FREE Financial Literacy E-book here: https://376394ph.imgcorp.com/freeimgebook/

Congratulations to all Soldivo fund investors🎉🎉 Clearly, it's never too late to start investing so START NOW!! 😊

Congratulations, SOLDIVO FUND INVESTORS!
Best Performing Mutual Fund for 2020*!

*Reference: https://www.pinoymoneytalk.com/best-mutual-funds-philippines/

Are you a part of this milestone? Invest now!

BE YOUR OWN MONEY MANAGER
You can learn and earn in the financial industry.
Make money, save money, grow money, preserve money. Know how to make money and make money WORK for you.

Do you have a proper mindset when it comes to money? ✨

Whenever you want to purchase luxury items, dine at an expensive restaurant, invest in huge companies, or buy real estate, are you one of those individuals who say "I can't afford it?" or do you belong to those people who say "how can I afford it?" ✨

"The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth."
— Robert Kiyosaki✨

Hence, our mind is one of the most powerful tools we can use whenever in bad or good circumstances. If we learn how to change it, and control it, we can be anybody.

So, if you want to be wealthy, have a rich and proper mindset! Remember, you can achieve anything you put your mind to. Success comes to mind and follows by heart. Use it wisely.

Now, do you want to change your mindset? Start today!

Attend our free financial class, Register here: https://376394ph.imgcorp.com/freefinancialliteracywebinar/

This is a sign to change your life. When opportunities come, grab them right away.

Send us a message so we can reserve you a slot.✨

Follow Rich Luxuriance: Saving and Investing for Abundance

How much Life Insurance should you buy? Is your insurance enough? ✨

Buying car insurance, travel insurance, or house insurance is simple. For instance, if your car is worth Php 1,000,000, then you need Php 1M of coverage to cover the car in the event of total loss. ✨

Most people can't apply the same valuation with life insurance simply because they don't know how to calculate how much they need.

The DIME method is our solution.

DIME stands for Total Debt, Income replacement, Mortgage, Estimated Education.

Simply add all your debt plus your income replacement (Annual income x 10) plus mortgage plus the estimated amount for education. The result will be the total protection needed.

DEBT + INCOME + MORTGAGE + EDUCATION = PROTECTION

For example:

Debt: 300,000
Income replacement: 2,600,000 (P260k a year multiplied by 10)
Mortgage: 1,500,000
Education: 2,000,000
-------------------------------
Total Protection Needed: Php 6,400,000

Disclaimer: The DIME method is just one way of determining the amount of protection your family needs in the event that you PASS AWAY. To determine a more accurate amount, it is advisable that you consult your financial educator or advisor.

Read more here: https://376394ph.imgcorp.com/freeimgebook/

Attend our free financial webinar to know more.
Register here: https://376394ph.imgcorp.com/freefinancialliteracywebinar/

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Have you experience opening a bank account then suddenly you've realized na unti-unti ka na pa lang nawawalan ng pera? ✨

You think that you have been robbed but in reality, that's just the way it is. ✨

[If your answer is yes, continue reading this] ✨

Did you know that banks especially the established ones tend to have rules and regulations in terms of dormant fees and maintaining balance fees?

Hence, when a client signed up their contract upon opening a bank account, they agreed automatically that they have to pay a lot of charges if lumabag sila sa kasunduan.

For instances,

The Maintaining balance is 3,500, but your available balance is only 300 pesos. Therefore, you need to pay more fees especially if you did not deposit any amount for long years.

It is true that you will gain an interest rate, but is that enough? Considering the taxes and other deductions? I don't think so.

Solution,

If you finally realized that your money is continuously reducing, then it's better for you to take all of it especially if you think na hindi mo pa ito mahuhulugan kaysa maubos ng pa unti-unti due to a lot of charges.

Now if you're afraid to invest your money in the stock market or mutual fund, it is more terrifying when you think na may ipon ka sa bangko pero wala na pala. Naubos na!

It's time to learn how money works for you. We have free financial classes online. Would you mind attending for free? ✨

Register here: https://376394ph.imgcorp.com/freefinancialliteracywebinar/

Send us a message so we can reserve you a slot. ✨

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Save as much as you can to take care of your future. ✨

Caution:
There is a growing number of people who have more debt as they get older. Instead of reducing their mortgage, many people buy bigger houses and take on bigger mortgages. And of course, some may have more children if they remarry.

As a result, they still have high responsibility and therefore high protection needs even when they get older. ✨

Get your FREE E-book here: https://376394ph.imgcorp.com/freeimgebook/

Follow Rich Luxuriance: Saving and Investing for Abundance

"Bakit hindi ako nakakaipon?" "Bakit dati kaya ko naman pagkasyahin ang pera ko?" ✨

Have you ever wondered why many people who earned a lot of money end up with no savings after years? ✨

Many individuals who win in the lotto and received a million pesos also end up with no funds in the future? ✨

But what is the reason? Lack of financial literacy!

Their livings simply change when their cash flow grows.

I don't encourage everyone to stop living a wonderful life after all the sacrifices and hard work they've done. I'm just urging you all to commit to your goals or else everything including your assets, cash, and property will all be gone.

Now, would you rather become wealthy today or in the future?

Remember, young age is the right time to keep working, and once you get retired, become old, you may not have the strength to work because of your conditions.

Invest and save while you were young.

What is your retirement age? Comment down below.

Attend our financial literacy webinar, register here: https://376394ph.imgcorp.com/freefinancialliteracywebinar/

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Advantages of Mutual Funds ✨

There is a dedicated professional manager who provides investment expertise in researching, selecting, and monitoring the performance of securities purchases.

The money will spread among different stocks, bonds, and other assets. Hence, it lowers the risk because you do not put all your eggs in one basket.

You can get in or out quite easily. Meaning, you can easily invest in mutual funds and you can easily withdraw your funds.

For as low as 1000 pesos, you can now start investing.

Read more here: https://376394ph.imgcorp.com/freeimgebook/

Isn't amazing? ✨

Want to know more? Attend our free financial literacy and investment webinar this Wednesday, 8 PM. We will guide you on your financial journey. ✨

You may register here: https://376394ph.imgcorp.com/freeinvestmentwebinar/

See you and God Bless to all! ✨

Follow Rich Luxuriance: Saving and Investing for Abundance

OFWs are heroes who sacrifice a lot just to be able to send money and gifts to their families back home. In many cases, the families take for granted just how hard it is for an OFW to earn the money they remit. ✨

The families do not know that many OFWs send balikbayan boxes filled with brand-new clothes and shoes that they themselves do not have. ✨

To all OFWs, financial literacy is a must-have. Don't forget to pay yourself too especially your future.

Register here to attend our free financial literacy webinar: https://376394ph.imgcorp.com/freefinancialliteracywebinar/

Read more here to get access in our FREE Financial Literacy E-book: https://376394ph.imgcorp.com/freeimgebook/

If you want a peaceful life, you need to be smart. Invest in yourself! 💓

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If you want to purchase a motorcycle, read this.

Son: Dad, may I speak with you?

Dad: Go ahead.

Son: Among all my classmates, I am the only one without a motorcycle. It is embarrassing.

Dad: What do you want me to do?

Son: I need a motorcycle. I don't want to feel odd.

Dad: Do you have a particular motorcycle in mind?

Son: Yes dad (smiling)

Dad: How much?

Son: ₱100,000

Dad: I will give you the money on one condition.

Son: What is the condition?

Dad: You will not use the money to buy a motorcycle but invest it. If you make enough profit from the investment, you can go ahead and buy the motorcycle.

Son: Deal.

Then, the father gave him a cheque for ₱100,000. The son cashed the cheque and invested it in obedience to the verbal agreement that he had with his father.

Some months later, the father asked the son how he was faring. The son responded that his business was improving. The father left him.

After some months again, the father asked him about his business
again and the son told him that he is making a lot of profit from the business.

When it was exactly a year after he gave him the money, the father asked him to show him how far the business has gone. The son readily agreed and the following discussion took place:

Dad: From this, I can see that you have made a lot of money.

Son: Yes dad.

Dad: Do you still remember our agreement?

Son: Yes!

Dad: What is it?

Son: We agreed that I should invest the money and buy the motorcycle from the profit.

Dad: Why have you not bought the motorcycle?

Son: I don't need the motorcycle again. I want to invest more.

Dad: Good. You have learned the lessons that I wanted to teach you.

- You didn't really need the motorcycle, you just wanted to feel among. That would have placed extra financial obligations on you. It wasn't an asset then, but a liability.

- Two, it is very important for you to invest in your future before living like a king.

Son: Thanks, dad.

Then the father gave him the keys to the latest model of that motorcycle.

LESSON:

1. Always invest first before you start living the way you want.
2. What you see as a need now may become a want if you can take a little time to get over your feelings.
3. Try to be able to distinguish between an asset and a liability so that what you see as an asset today will not become a liability to you tomorrow.

Credits to the owner for this incredible story. A great example for those who don't know the difference between asset and liability. ✨

Inspired by Rich Dad Poor Dad Book.

Remember,

"If you want to be rich, simply spend your life buying or building assets. If you want to be poor or middle class, spend your life buying liabilities."
— Robert Kiyosaki✨

Follow Rich Luxuriance: Saving and Investing for Abundance

The difference between the poor and the wealthy is the way they handle their money. ✨

Both have different formulas.

Poor and middle-class people save the wrong way using this type of method:

Income - Expenses = Savings

Eh paano kung walang natira sa income? No savings!

On the other hand, rich people save using the 'pay yourself method' like this:

Income - Tithes - Savings = Expenses

Hence, whatever happens, they are guaranteed na may matitira sa kanila that they can use for their future investments.

What formula do you want to practice every day? Comment down below.

Learn more by attending our free financial literacy webinar for FREE. Register here: https://376394ph.imgcorp.com/freefinancialliteracywebinar/

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