Money Under 30 – Pocket Guide for a Millennial
Over a century, Sun Life has been an advocate to help people deal with their life goals and financial situations. They have seen the worst scenarios that one can undergo. This caused them to pursue financial literacy campaigns all over the country, hoping to create a generation with a brighter life.
One of these is Sun Life FUNday Iloilo held at Dova Brunch Café recently. An afternoon fun packed with life learning and financial tips, Money Under 30 was graced by Miss Katrina Loring, a young and successful entrepreneur, and Mr. Michael Gustilo, Sun Life Visayas Regional Sales Manager.
Together, they shared their personal stories on financial stability and success.
Now, these four main points are just a starter kit for your brighter life. These will be meaningless without appropriate actions. Take time to assess your current lifestyle, spending habits, sources of income, and let’s talk about your future. Never think you are too young. Never think it is too late. Never think you can’t do it. Start young. Start now. You can do it!/PR
One of these is Sun Life FUNday Iloilo held at Dova Brunch Café recently. An afternoon fun packed with life learning and financial tips, Money Under 30 was graced by Miss Katrina Loring, a young and successful entrepreneur, and Mr. Michael Gustilo, Sun Life Visayas Regional Sales Manager.
Together, they shared their personal stories on financial stability and success.
Check out this “Pocket Guide for a Millennial”
to take your finances to the next level.
Money Under 30 – Identify needs from wants
Most of us, if not all, have gone through the scenario of labeling our wants as needs when we were younger. However, when the pressure of real life hits us, it comes naturally that we begin to see the needs clearer and identify them from our mere wants. This actually starts after graduating from college as we find our first job and earn our first salary.Money Under 30 – Spend after saving
Most of the time we spend our money first before thinking about savings. It is a common mistake to perceive that savings come after spending. Expenses should be salary deducted by savings. In this manner, we don’t abuse our spending habits but we live within the capacity of our income.Money Under 30 – Start investing “yesterday”
Investment should have started yesterday. More so, one factor in investing is time and the right time was yesterday. Save as much as you can to invest in something that can grow. Also, determine the interest and inflation rates for your investments. How much will you earn in a matter of time?Money Under 30 – Don’t depend on salary as the only source of income
One of the biggest mistakes of people when it comes to sourcing an income is thinking that salary is the only mode of earning. But there are other ways and means to earn. Mutual funds, insurances, and others can be another way to earn and grow our money through investments.Now, these four main points are just a starter kit for your brighter life. These will be meaningless without appropriate actions. Take time to assess your current lifestyle, spending habits, sources of income, and let’s talk about your future. Never think you are too young. Never think it is too late. Never think you can’t do it. Start young. Start now. You can do it!/PR
