DO YOU KNOW HOW MONEY WORKS?

YOU MUST TAKE CARE OF YOUR RESPONSIBILITIES

WHILE BUILDING YOUR WEALTH

BIG RESPONSIBILITIES BIG SAVINGS

DISABILITY
MONEY @ WORK MONEY @ WORK
YOU WORK FOR MONEY RETIREE / SENIOR CITIZEN
DIE TOO SOON

LIVE TOO LONG

INCOME PENSION INCOME
RESPONSIBILITIES RESPONSIBILITIES
 COST OF LIVING  COST OF LIVING
 HEALTHCARE  LONG TERM CARE
 EDUCATION
 DEBTS RETIREMENT FUND
PROTECTION (SAVINGS + INVESTMENT)
(INSURANCE)
CRITICAL ILLNESS
YOUNGER OLDER
TOO LITTLE / NO SAVINGS
Love Your Family
LIFE NO RESPONSIBILITIES
Live in Dignity
DO YOU KNOW ABOUT SAVINGS AND
INVESTMETS?
DO YOU KNOW
THAT…
 MOST PEOPLE WANT TO SAVE BUT DON’T KNOW HOW…MOST PEOPLE
KNOW ONLY HOW TO SPEND.

SPEND WHAT YOU EARNED RULE: THE POVERTY

FORMULA
INCOME – EXPENSES = SAVINGS INCOME – EXPENSES = SAVINGS
₱ 10,000 – ₱ 10,000 = ₱ 00,000 ₱ 10,000 – ₱ 12,000 = ₱ - 2,000

THE 10-20-70 RULE: THE PROSPERITY FORMULA

INCOME – 10% (TITHES) – 20% (SAVINGS) = EXPENSES
₱ 10,000 – ₱ 1,000 – ₱ 2,000 = ₱ 7,000

 51.5 % SPEND AS MUCH  43.9 % SPEND MORE  4.6 % SPEND LESS THAN
AS THEIR INCOME THAN THEIR INCOME THEIR INCOME

SOURCE: CONSUMER SURVEY 2012, BANGKO SENTRAL NG PILIPINAS

DISCIPLINE YOURSELF TO LIVE BELOW YOUR

INCOME!
DO YOU KNOW ABOUT SAVINGS AND
INVESTMETS?
HOW ARE YOU DOING SO FAR?

10 300,000 3,000,000 ???

× =
AVERAGE
NO. OF YEARS TOTAL EARNED
ANNUAL SAVINGS
WORKED INCOME
SALARY

HAD YOU SAVED REGULARLY IN THE LAST 5 OR 10

YEARS…
Income / Month 20 % 1 YEAR 5 YEARS 10 YEARS

5,000 1,000 12,000 60,000 120,000

10,000 2,000 24,000 120,000 240,000
15,000 3,000 36,000 180,000 360,000
20,000 4,000 48,000 240,000 480,000
30,000 6,000 72,000 360,000 720,000
50,000 10,000 120,000 600,000 1,200,000

“A PENNY SAVED IS A PENNY EARNED.” ( BENJAMIN FRANKILIN )

DO YOU KNOW ABOUT THE HIGH COST
OF EDUCATION?
DO YOU KNOW… DATA ON TUITION FEE INCREASE FOR SY 2013 – 2014

 MOST PARENTS DON’T PREPARE THEIR % OF REGION % OF

CHILDREN’S COLLEGE EDUCATIONAL FUNDS. REGION INCREASE INCREASE
MANY WOULD PREFER NOT TO THINK ABOUT
IT AT ALL, HOPING THAT THINGS WILL I 12% NCR 9%
SOMEHOW WORK OUT. II 15% CAR 8%
 IT IS IMPORTANT TO UNDERSTAND COLLEGE III 10% CARAGA 13%
COSTS, THE ADMISSION PROCESS, FINANCIAL IVA 8% AVERAG 10%
AID AND HOW TO NAVIGATE THE COMPLEX E
COLLEGE FUNDING SYSTEM. IVB 10%
 YOU CAN UNDERSTAND AND PARTICIPATE IN THE DROP OUT RATE
V 11% MIGHT INCREASE
COLLEGE PLANNING PROGRAMS AND HELP
VI 9% BECAUSE OF
SAVE FOR YOUR CHILDREN’S COLLEGE MONETARY CONSTRAINTS
EDUCATION. VII 9% FOR THE
 WE CAN’T PUT SO MUCH TIME AND MONEY TWO (2) MORE EXTRA YEARS
INTO RAISING OUR KIDS AND THEN BECOME VIII 9% IN SENIOR HIGH SCHOOL.
UNWILLING TO LOOK INTO COLLEGE IX 9%
PLANNING.
X 7%
 OUT OF 100 ENROLLED IN GRADE SCHOOL XI 11%
ONLY 67 FINISHED… 64 ENTERED HIGH
SCHOOL ONLY 45 COMPLETED… 26 XII 8%
PROCEEDED TO COLLEGE ONLY 7 GRADUATED. SOURCE: COMMISSION ON HIGHER
EDUCATION

TAKE CARE OF YOUR CHILDREN’S FUTURE.

DO YOU KNOW ABOUT THE COST
OF EDUCATION?
COST OF EDUCATION IN THE PHILIPPINES
ANNUAL TUTION OF DAVAO SCHOOLS, COLLEGES AND UNIVERSITIES (SY 2013 – 2014)

SCHOOL ANNUAL TUITION FEE

1. ATENEO DE DAVAO UNIVERSITY 100,000

2. BROKENSHIRE COLLEGE 60,000

3. DAVAO MEDICAL SCHOOL FOUNDATION 60,000

4. SAN PEDRO COLLEGE 58,000

5. UP MINDANAO 50,000

6. UNIVERSITY OF THE IMMACULATE 42,000

CONCEPTION
7. UNIVERSITY OF MINDANAO 40,000

8. HOLY CROSS OF DAVAO COLLEGE 36,000

DO YOU KNOW ABOUT THE COST
OF EDUCATION?
COST OF EDUCATION IN THE PHILIPPINES
ESTIMATED ANNUAL TUITION FEE AT 10% TUITION FEE INCREASE
BASED ON THE ANNUAL TUITION FEE IN SY 2013-2014
ADDU BCD DMSF SPC UP MIN UIC UM HCDC
YEAR
100,000 60,000 60,000 58,000 50,000 42,000 40,000 36,000
1 110,000 66,000 66,000 63,800 55,000 46,200 44,000 39,600
2 121,000 72,600 72,600 70,180 60,500 50,820 48,400 43,560
3 133,100 79,860 79,860 77,198 66,550 55,902 53,240 47,916
4 146,410 87,846 87,846 84,918 73,205 61,492 58,564 52,708
5 161,050 96,630 96,630 93,409 80,525 67,641 64,420 57,978
6 177,160 106,296 106,296 102,753 88,580 74,407 70,864 63,778
7 194,870 116,922 116,922 113,025 97,435 81,845 77,948 70,153
8 214,360 128,616 128,616 124,329 107,180 90,031 85,744 77,170
9 235,790 141,474 141,474 136,758 117,895 99,032 94,316 84,884
10 259,370 155,622 155,622 150,435 129,685 108,935 103,748 93,373
11 285,310 171,186 171,186 165,480 142,655 119,830 114,124 102,712
12 313,840 188,304 188,304 182,027 156,920 131,813 125,536 112,982
13 345,230 207,138 207,138 200,233 172,615 144,997 138,092 124,283
14 379,750 227,850 227,850 220,255 189,875 159,495 151,900 136,710
15 417,720 250,632 250,632 242,278 208,860 175,442 167,088 150,379
16 459,500 275,700 275,700 266,510 229,750 192,990 183,800 165,420
17 505,450 303,270 303,270 293,161 252,725 212,289 202,180 181,962
18 555,990 333,594 333,594 322,474 277,995 233,516 222,396 200,156
19 611,590 366,954 366,954 354,722 305,795 256,868 244,636 220,172
20 672,750 403,650 403,650 390,195 336,375 282,555 269,100 242,190
DO YOU KNOW
ABOUT HAPPY
RETIREMENT?
DO YOU KNOW THAT…
 SAVINGS FOR RETIREMENT IS AT THE BOTTOM OF FILIPINO’S PRIORITY LIST.
THEY HOPE THE PENSION FROM SSS OR GSIS WOULD BE ENOUGH TO COVER
THEIR BASIC AND HEALTHCARE NEEDS DURING THEIR RETIREMENT YEARS.
 ON AVERAGE, FILIPINOS THINK OF RETIREMENT AT AGE 28 BUT ONLY 5% OF
THEM SERIOUSLY PLAN FOR IT? (MoneySense-5 Steps to Planning Your Retirement)
 IF I WILL RETIRE AT THE AGE OF 65 AND EXPECTS TO LIVE 20 MORE YEARS, HOW
MUCH WOULD I SPEND FOR FOOD EXPENSE ALONE?

SAMPLE
SAMPLE COMPUTATION:
COMPUTATION:
DO I HAVE ENOUGH FUNDS FOR THESE:
PHP
PHP 100.00
100.00 // MEAL
MEAL
×
× 33 MEALS
MEALS // DAY
DAY
× 30
× 30 DAYS
DAYS
===============
===============
PHP
PHP 9,000
9,000 // MONTH
MONTH
×
× 12
12 MONTHS
MONTHS
× 20
× 20 YEARS
YEARS HOUSING / EMERGENC
=============== MEDICAL RENT TRAVEL / Y
=============== EXPENSES? EXPENSES? LEISURE? EXPENSES?
PHP
PHP 2,160,000.00
2,160,000.00
DO YOU KNOW
ABOUT HAPPY
RETIREMENT?
DO YOU KNOW THAT…

FINANCIALLY STILL RELY ON DEPEND ON ASK/BEG FOR

INDEPENDENT WORKING SSS / GSIS RELATIVES CHARITY

2% 40% 20% 30% 8%

A B C D E

HOW DO YOU SEE YOURSELF AT YOUR RETIREMENT YEARS?

Source: 2008 Consolidated Data from SSS, GSIS, NSCB

YOU ARE NEVER TOO OLD TO SET ANOTHER GOAL OR TO DREAM A NEW DREAM. (C.S. LEWIS)