Financial Literacy Orientation

Invitation:
International Marketing Group
Dear Valued Client
What's your biggest aspiration? Is it to own business, retire early and travel, or simply provide better life for your family? Think of the one goal you've been striving for since the day you first discovered it. You've probably had you reasons for not acting on this dream, but you no longer have to wait for your shot at success.
At International Marketing Group (IMG), giving people a chance is what we stand for. Our mission is to create financially independent families positioned to realize their dreams. In addition, we encourage entrepreneurship and believe that everyone has the potential to succeed. We'd like to invite you to start down the path to realizing your dreams by attending our Total Financial Solution Orientation.
At this event, scheduled for [event date and time] at the [event location] you will gain insights into the exciting financial services opportunity available through IMG. This is your chance to see what IMG is all about - and what it can do for you. IMG offers its associates:
the ability to represent not one, by many financial companies to the consumer,
a mentoring business model in which the company's top field leaders share their knowledge and experience with other associates,
a competitive commission structure and an environment where growth is based and rewarded on hard work and determination.
You can truly be your own boss at International Marketing Group - in business for yourself but not by yourself. As a IMG associate you will receive financial services industry education, including ongoing business development support, training, tools and marketing materials designed to take you and your business to the next level.
Don't miss this chance to experience firsthand the power of the IMG Business and learn what it takes to succeed in the financial services industry every day. Meet and hear from some of IMG's top field leaders and rising stars at this exciting event.
Please give me a call at [associates phone number] or email me at [associates email address] so we can talk about your future with our outstanding company. We look forward to meeting you - and showing you what a fantastic business awaits you with IMG!

Sincerely Yours,
International Marketing Group
RSVP :
Airies Bautista
0932 2609 913/0927 709 8819

For inquiries: Contact Airies B. Bautista @ +63927 709 8819/ +63932 2609 913

Airies B.Bautista 

International Marketing Group GMA-Cavite
+63932-260- 9913

+63927-709- 8819

Working Richer, Not Harder

The idea of multiple streams of income sounds great, yes? If you lose one stream, you have others flowing in still. The problem is—especially with a lot of entrepreneurial-types—people don’t think about the kind of income they want to create.

You can have multiple sources of income and still play the role of worker-bee. Anybody who has had two or three jobs at a time knows that. Multiple incomes won’t mean much to your freedom if you still have to work like a dog for it. The difference is between linear and residual income.

Linear means you work once, you get paid once. That’s a job. Residual means you work once, and you get paid hundreds or thousands of times.

How do you know if you’re earning residual income? When you woke up this morning, were you richer than when you went to bed last night? If the money flows in while you sleep, this is a good thing. Duh! That’s always been the goal, yes?

It may sound like another one of those classic no-brainers, but frankly most people don’t get this concept. They end up working for years and years, trying to figure out how to make some money, but don’t ask the question, ‘Is it residual income?’ If it’s not residual income then don’t do it, because it takes you too slavery, not to freedom.

If you’re going to starve in order to do something—to create some kind freedom for yourself—then only do things that will take you to the kind of freedom you want. Most people end up starving doing linear income, so they have to keep going back to work. And every time they go back to work, they’ve got to get their daily fix of distraction after spending all their time making little money for themselves while the people who own the company they work for take the lion’s share. They don’t have any time left over when they get home to create any kind of streams of income that can last while they’re sleeping.

Here’s another problem people have—fear and uncertainty. You’re not going to know how to do what you want to do before you do it, and most people are waiting to know enough to be able to take action and go do it, which will never come.

You didn’t learn to drive a car by watching a video, did you? You got in the car, sputtered between the brake and the gas—driving your parent somewhere between frightened and resigned—but then you finally got pretty good at it. The things you want to do you have to do!

Everybody wants to be a millionaire, but only a few people will do whatever it takes.

Most people are stuck into these little straight-jackets about what’s right and what’s reasonable

A lot of people say, ‘Well, that idea I had to start a business was just a thought.’

Someone else once said, “No thought can reside in your brain rent free.” Every thought has a consequence. Some of those thoughts are very expensive!

And they cost our time, our enjoyment of life. A simple twist in how we look at the income game. How do you maximize your time and energy? How do you take what is already available to you right now to the next level?

Share your ideas or insights. We want to hear from you!

TIPS

6 COMMON MISTAKES PEOPLE DO WHEN PLANNING FOR THEIR RETIREMENT

Many people see retirement as the time of their life when they don’t have to work anymore.

It will be the years when they can just relax and enjoy the wealth they’ve accumulated over the years. Retirement is that “paradise” we reach to pat ourselves on the back for a job well done.

But the question now is, will you reach that paradise?

In a recent study done by by Sun Life Philippines, out of 100 individuals within retirable age in the country, it’s been found that:

• only 2 are financially independent
• 45 depend on their relatives
• 30 rely on charity
• 22 are still working

Sad, isn’t it? So what can you do to make your retirement years better? 

Below are 6 mistakes you should avoid:

Mistake #1: Failing To Plan in the First Place

As a popular quote states, “When you fail to plan, then you are planning to fail.”

You need to really think about your future and please, don’t make your children your retirement plan.

Mistake #2: Waiting Too Long or Starting Too Late

Unlike money, time is a resource you can’t earn back when you lose it.

So the earlier you start planning and investing for your retirement, the bigger your chances are in having a comfortable retirement. Don’t wait and start now.

Mistake #3: Having No Retirement Goals

What’s your plan when you retire? Surely, you wouldn’t want to just sit around the house every day. Create a bucket list and establish concrete goals for yourself.

Do you want to spend your days traveling around Europe? Or live in the province tending a farm? Maybe you want to volunteer for an NGO? Or set up a charity to help street kids?

Defining your retirement goals helps you estimate how much you’ll need when you retire, which will also motivate you to make better choices today when it comes to your finances.

Mistake #4: Relying Solely on Pension for Retirement

According to the same study, the average monthly pension in the Philippines is currently only at P8,000.

Are you okay with receiving that amount? That may cover your basic necessities, but what happens when you start getting sick? Where will you get the money to pay your medical bills?

Mistake #5: Forgetting About Future Medical Needs

One of the realities of growing old is dealing with health issues. While it’s important to live healthy, you still can’t run away from the fact that you’ll eventually get sick.

That’s why part of your retirement planning should be a serious consideration of your future medical needs. Know the medical history of your family and anticipate the costs of your health care in the future.

Mistake #6: Underestimating Passive Income Sources

When thinking about retirement, most people say something like, “When I retire, I want to have 20 million pesos in the bank.”

While there’s nothing wrong with having that goal, I believe it’s better to also consider your monthly income goals upon retirement.

In other words, ask yourself “How much do I need per month to live comfortably when I retire?” – let’s say it’s P50,000 per month, then your next step is to create that much passive income, through businesses, real estate rentals, royalty fees, etc.

When you’ve done this, then you don’t have to worry anymore about the costs of living when you retire. And more importantly, your savings can now be used alternatively as your medical emergency fund.

This rounds up what I believe are the six common mistakes people do when planning for their retirement. Is there any other you’d like to add? Share them below as a comment and let’s discuss.