Tag Archives: Francisco colayco

Spending Practices that will put you in Debt

Some people have ways of thinking in relation to spending that could lead them into debt.  I will be discussing with you some of the spending practices of some people that lead them into always being short of cash and living on credit card or in deep credit card debt.  In analyzing these practices, I want to emphasize the principles I have been discussing through the years.  Read on and see how you can be more aware so that you avoid the pitfalls.

Bonus – Let’s say that you received a bonus of P10,000. What would you do with it?  Most people would not only spend all of it.  Apparently, many will even use it as a down-payment for an item, and unfortunately, the installment payments for the item bought is usually more than their budget. Normally, a budget is just enough for your regular expenses.  You should not add to your regular expenses without a permanent addition to your regular income.  A bonus is not regular income and after receiving it, there will be no more to come in the near future.

If you are making a budget for your regular income and expenses, all the more you must treat a bonus with some analysis and planning.  Remember the First Principle is “Pay Yourself First?”   I ask you to follow the formula “Income minus Savings equals Expenses.”  A bonus is income as well.  You must still follow the formula.  Set aside 10-20% of the bonus as your savings.

You could also give yourself and your family a little treat but make sure it is something modest and commensurate to your regular income.

Discuss the bonus with your spouse and/or your family.  What are your priorities to help get the best value for the windfall.  Since the amount is limited, don’t immediately think that you can use it for a new type of expense that could balloon to something more than you bargained for.  Rather, maybe it is better to use it to help you in a regular expense or even better, put it all in savings.

The bonus is the only additional income you have. Unless you get a salary increase, you do not have additional money to pay for additional regular installment payments.  Never buy an item that will require you to make regular installments that you cannot afford.

G.Y.M. Seminar: Collective Investing

Taking advantage of the muscle instead of doing your own hustle is essense of collective investing. By pooling of resources, one gets and should get benefits that one will not get if one stands or invests alone. BAKAS is a common term and action among Filipinos similar to BAYANIHAN. In personal investing; BAKAS or BAYANIHAN or pooling; collective investing is almost but a must.

CollectiveInvesting09192015

 

 

Learn similarities and differences and what is right for you among

  • Mutual funds

  • UITFs

  • Insurance-linked investments via VULs and others.

  1. Investing Basics & Rules

  2. Collective Investing: What, Why & How

  3. Types of Collective Investing: Which One(s) For You?

    • Mutual Funds

    • Unit Investment Trust Funds

    • Insurance-Linked VULs

    • Others i.e. coops?

  4. Investment Strategies

  5. Where to Invest?

Mutual Funds

Unit Investment Trust Funds

Insurance-Linked VULs

Others i.e. coops

Join us this September 19, 2015, Saturday, 9am to 12nn or 2pm to 5pm!

LEARNING FEE: PhP 4,000.00

For more information please call:

 Ms. Gilda Bumatay

(+63) 917-863-2131

(02) 6373741 or 31

or Email us at: training@colaycofoundation.com

 

Pera Mo Palaguin Seminar on Aug. 15, 2015

Pera Mo Palaguin Mo Seminar on August 15, 2015 ay gaganapin sa aurumOne hotel, Makati. Ito Ang iyong gabay sa legal at tamang pamamaraan ng pagpapalago ng pera.

PeraMoPalaguinMo_Poster

Wag Mag pahuli! Magparehistro na! Tumawag lamang sa  637.3741 o magtext sa 0917.863.2131.

Para sa karagdagang impormasyon tumungo lamang sa www.colaycofinancialeducatiom.com

See you there!

 

 

Pera Mo Palaguin Mo! Public-service Radio Program

Makinig, Magtanong at Matutong magpalago! sa DZXL558-Pera Mo Palaguin Mo

FJC&AQB_PMPFBFBBanner2015

 

 

 

 

 

Pera Mo, Palaguin Mo! Radio Public-service program is hosted by Francisco J. Colayco and co- hosted by Mr. Armand Bengco. The show is an hour long learning program that focuses on the 5 fianancial activities of an individual(earning, planning, saving, investing, spending).

Pera Mo Palaguin Mo! airs every Monday 11:00am – 12:00nn in Radio Mindanao Network’s DZXL558.

Watch Via Livestream

Like Us on Facebook

 

 

 

Kabutihan Kapag Kinakalat ang Puhunan

Simple lang naman ang paraan ng pamumuhunan sa mga MF at UITF. Bibili lang ng mga parte sa kanila. Pero nag-iiba-iba ang presyo ng mga parte bawat araw. Ang presyong ito ay nakasaad bilang Net Asset Value (NAV) ng bawat parte. Saka lang talaga kikita kapag ibinenta na ang mga parteng sa mas mataas na NAV kaysa sa pagkakabili. Nitong nakaraang limang taon, kung titingnan ang takbo ng mga magagaling na mutual funds, tumaas ang halaga ng equity funds ng 12 hanggang 19 porsiyento kada taon; ang balanced funds ay tumaas ng 10 hanggang 13 porsiyento kada taon; at ang bond funds ng 4 hanggang 9 porsiyento kada taon.

Kapag naglagak ka sa MF at UITF, mas mababawasan pa ang panganib ng pagkalugi kung ikakalat ang iyong puhunan. Huwag ilagay lahat sa iisang MF o UITF. Isa pa, pipiliin lang ang sampung pinakamaayos ang pagpapalakad at pinakamalaki ang kinikita. At kung malaki-laki rin lang ang pera, ilagak ito sa iba’t ibang klaseng funds. Halimbawa, imbes na ilagay lahat sa isang equity, o fixed-income o balanced funds, hati-hatiin ito — ang isang bahagi ay ilagay sa equities, ang isang bahagi sa fixed-income funds at ang natitirang bahagi sa balanced funds.

Ang UITF ay bago pa lang sa Pilipinas. Pinatatakbo ito ng isang trust institution, na kadalasa’y isang bangkong may trust license. Hindi lahat bangko ay may ganitong lisensiya. Pinalitan ng UITF ang Common Trust Funds (CTF) alinsunod sa mga patakaran sa ibang bansa. Kaya nga wala na ngayong CTF.

Ang mga trust company ay hindi talaga bahagi ng bangko, kaya ang UITF ay hindi itinuturing na “produkto ng deposito” at sa gayo’y hindi ginagarantiyahan ng Philippine Deposit Insurance Corporation (PDIC).

Ang kinikita lang ng mga trust company ay ang bayad sa paghawak at pamumuhunan nila ng pera, kaya’t obligasyon nilang ibigay sa kanilang mga kliyente lahat ng kinita ng pondo. Kaya nga kadalasan, mas mainam pang maglagak ka ng pera sa trust fund kaysa sa savings account o time deposit sa bangko.

Bisitahin ang www.colaycofoundation.com para sa schedule ng aming mge seminar!

An Investment Coop?

by: Francisco J. Colayco

Last September 7, our very own Kapatiran sa Kasaganaan Multi-Purpose Coop (KSK Coop) celebrated its 10th year anniversary! From a handful of passionate members, it has grown so much throughout the years. It already has 2000+ members ALL AROUND THE WORLD.

KSK Coop is a very unique cooperative. It provides alternative investing opportunities to income-earning Filipinos who want to protect and grow their hard-earned wealth. It mainly invests in profitable businesses and the members would benefit from the returns of those businesses.

For a brief overview of what KSK Coop is, allow me to share with you this clip from our season ender episode of Nang Magising si Juan.

For more details about KSK Coop, visit www.kskcoop.com

Spending on Gadgets and Insurance

According to a study from an insurance company, Pinoys prioritize buying gadgets and insurance equally. But why? What are the factors that come into play? And what does it say about our manner of prioritizing needs and wants?

Here’s Armand Bengco, our Executive Director at Colayco Foundation, to talk about the matter:

Want to watch more videos on personal finance? Visit www.pisobilities.tv today!

Mga Puwedeng Paglagakan ng Maliit na Puhunan (Part 2)

ni: Francisco J. Colayco

*unang lumabas sa Bulgar noong ika-13 ng Agosto, 2009.

Ang direktang pamumuhunan sa stock market ay dapat ipinauubaya na lang sa mga eksperto. Sa MF at UITF, sigurado kang merong mga magagaling na tagapamahala ng pondong walang tigil na binabantayan ang mga parte at seguridad sa kanilang portfolio. Alam ng mga ito kung saan dapat ilagak ang pera mo.

Mas malaki ang kikitain ng perang sa MF at UITF dahil ito ay nagko-compound. Ang ibig sabihin, nadaragdagan at naiipon ang kinikita nito. Halimbawa, ang tubo mula sa pagbebenta ng mga equity o fixed-income security ng MF o UITF ay muling ibinibili ng bagong mga equity o fixed-income security para sa parehong MF o UITF. Kaya kapag ibinenta na ang mga parte sa kanila, patung-patong na ang kinita ng ipinuhunan.

Ang maganda pa, ang mga stock at seguridad na pinamumuhunanan ng MF o UITF ay pinapatawan na ng final withholding tax, kaya’t hindi na kailangang magbayad ng dagdag na buwis ng mga namumuhunan sa kanila. At hindi lang ‘yun — madali pang ibenta at gawing pera ang MF o UITF. Kahit anong oras ay maibebenta ito sa kasalukuyang presyo sa merkado.

May tatlong klaseng MF at UITF equity o stock fund, fixed-income o bond fund at balanced fund. Ang equity fund ay kadalasang ipinupuhunan sa stock market kaya mas malaki ang kita pero mas malaki rin ang panganib. Ang fixed-income fund o bond fund naman ay karaniwang ipinupuhunan sa mga Government Securities at iba pang fixed-income securities kaya mas mababa ang kita pero hindi rin naman ganoon kapanganib. Ang balanced fund naman ay hinahati — ang kalahati ipinupuhunan sa stock market at ang kalahati’y ipinupuhunan sa bond funds o fixed-income funds. Katamtaman lang pareho ang kita at panganib dito.

Ang bawat MF at UITF ay may kanya-kanyang layunin sa pamumuhunan at kanya-kanyang mga patakaran at kundisyon. Mas mainam kung kakausapin muna ang mga namamahala para malaman kung umaayon sa sarili layunin ang layunin ng MF o UITF na pamumuhunanan bago maglabas ng pera.

Dapat ring malaman na hindi kikita ng interes o makakokolekta ng dibidendo habang nakalagak ang pera sa MF o UITF. Kikita lang talaga kapag ibinenta na ang iyong mga parte o shares. Ang pinagkaiba ng presyo ng NAV noong binili ang iyong mga parte at kapag ibebenta na ang halaga ng iyong kinita o nalugi.

Sali na sa aming Investability: Mutual Fund seminar sa ika-20 ng Setyembre, 2014. Mag-click lang dito para sa karagdagang detalye.

How to Find Your Passion

by: Francisco J. Colayco

*First published in Good News Pilipinas on August 5, 2013

You might recall my advice to people choosing the best business for them. One main factor is the need for “passion” for the kind of business they choose. As time passes, I begin to see more and more how his word “passion” can be misinterpreted or misunderstood.

Let’s look at this further by understanding some ways you can follow in determining your passion. Remember that you are looking at your passion that can be your business.

You can ask yourself the following questions. You will surely have a long list and you will not know everything in one sitting. It will take days, even weeks and months. Keep a diary. Take notes and review what you have written each time you add an entry. Maybe, you will cross out some items as you come to know yourself more each time.

  1. What is it that you really love to do and seem to be good at it? Let’s take the example of cooking. Let’s say you love to cook and are happy doing it. People say the food you cook really looks and tastes good. So let’s say you think that cooking is your passion.
  2. If you in succeed doing it, will you be so proud of yourself? In the case of cooking, each time you are able to make a special dish you are particularly proud of yourself. You practice so often so as not to make any mistake. Your self-pride increases as you continue your love for cooking. Still good for the example that cooking is your passion.
  3. If you do something the complete opposite, will it destroy your self-pride and cause you strong embarrassment? Still in the case of cooking, when you prepare a dish that is really bad, do you say it is because you are not practicing enough? Or is it really embarrassing because your level of expertise clearly is far too low from where it should be? If your standard for excellence is low that you are willing to accept major lapses in your skill, then perhaps, cooking in this example, is not your passion.

Want to know more? Read the rest of the article by clicking here

Wealth-filled Messages from the “Pera Mo, Palaguin Mo” Workshop

by: Francisco J. Colayco

Last Saturday, the Colayco Foundation team and I held a “Pera Mo, Palaguin Mo” Workshop to almost 100 people at the Development Academy of the Philippines Building in Pasig City. I was astounded with the number of people in attendance. Even if it was a Saturday, they took the opportunity to start taking charge of their personal finance. It was an exhausting day for us. Nevertheless, it was fulfilling for us to see so many people learning and enjoying from the workshop.

After the event, we received some personal messages from our participants. I would like to share some of their thoughts with you.

Here are other letters from our participants:

It always makes us happy to be able to ignite a spark of change in our participant’s lives. I always said that becoming wealthy is an obligation to everyone. If you are wealthy, you will not just be able to help yourself better. You will be able to contribute more to your family, community, and country.

I hope you will join us in our financial seminars. For the schedule of our upcoming seminars, please visit www.colaycofoundation.com!