Genevive C.

Raagas

Certified Financial Planning Professional

Creating a 4M Financial Plan

Make Money

 What are your sources of income?

 As a college student, my main source of income is the allowance given by my

parents every 15 days. In addition, another source of my income is piloting
service in a game called Pubg Mobile. Moreover, I also get income from doing
PowerPoint presentations, video editing and tutoring.

 How much is your net monthly income per source?

 My net income in my allowance is ₱2,000.00. In my piloting service in Pubg

mobile, my income is ₱1,500.00 and in my sideline services, my income is
₱500.00

 Are there ways you can do to increase your income from these sources?

 In my allowance from my parents, the way I could increase the amount I receive is
by having high grades from each subject. In my piloting service, I could find
additional players who are willing to pay in order to increase their ranks with the
help of my service. In my sideline services, I could tell my customers to refer me
to people who needs help in making presentations and having troubles in a
particular subject matter.

Manage Money

 What are your monthly expenses? Are these fixed or variable? Are these
Productive? Protective? Preventive? or Permissive?

 My monthly expense is the subscription in my Pubg Mobile which is ₱54.00, fixed

expense. I would say that this is a productive expense because it generates
additional income from my piloting service. In addition, I also have food expense,
which is a variable expense. I must say that this is permissive expense because I
buy foods that I’m craving for not what I really need. I buy foods that I crave for
because it is a way to reward myself. Moreover, I have my fixed expense
amounting to ₱200.00 which is my tithes and offerings. It is a protective expense
because I do believe it is a need to give tithes to the church regularly.
 How much can you save?

 The allowance that I get from my parents go directly to my bank account. Every
month, I could save up to ₱2,000.00.

 When will you start preparing for your emergency fund?

 I would like to start preparing for my emergency fund as soon as I graduate

college and have a stable job and stable income.

Multiply Money

 What possible sources of income can you add to your existing source of income?

 As soon as I graduate, the possible source of income is basically the job that I
would get. In addition, another possible source of income is to establish a small
business.

 How much is your desired monthly income to live comfortably?

 My desired monthly income to live comfortably as of now is only in the range of

₱1,000.00-3,000.00 due to the fact that I really don’t have expenses and I just rely
to my parents. But after I graduate, as obligations and responsibilities arise, my
desired monthly income would range in ₱20,000.00-40,000.00.

 When will you start having additional source of income?

 I would like to start having additional source of income as soon as I graduate and
find a stable job, I would allocate a part of my income as savings in order to
establish a small business.

Mastering Money

 Which church or cause oriented organization you would commit to give?

 As of now, I commit myself to give my tithes and offerings to my church – Light of

the World. I also look forward committing to give part of my income to the hospicio
de san jose which is a foster care institution.

 What will be your schedule of giving?

 In my church that I commit to give, my schedule of giving is every 15 days. While

in hospicio san jose, my schedule of giving would be quarterly.
 How much are you willing to give?

 In my church, as said in the Bible, 10% of my income will go directly to the church.
While in my chosen organization, I would give as much as 20% of my quarterly
income plus donated items that I would gather from different people who has a
kind heart towards helping such institutions like the hospicio de san jose.