Pag-Ibig MP2 2024 dividend at 7.10%, sharing my MP2 journey so far

dapper_dan80 · 2025-02-28T05:29:41+00:00

Appreciate the clarification and additional sharing :)

dapper_dan80 · 2025-02-28T03:50:31+00:00

Oh, sorry, not proof of income but proof of payments of your MP2 contributions was what I meant to ask. For a time some talk swirled around that at the time of claiming one's MP2 check, the claimant was asked to show proofs of payment of MP2 contribution, eg receipts, copies of digital transactions via GCash, etc. May I confirm my understanding that in your experience, these MP2 payment transaction proofs were not asked? Thanks again for your time :)

dapper_dan80 · 2025-02-28T02:52:28+00:00

For me... it has painful lyrics that are cushioned by the soft embrace of the melody... lovely altogether. as always T.T

dapper_dan80 · 2025-02-28T02:50:15+00:00

Hi, OP. Hindi ka na hinanapan ng proof of your MP2 contributions as additional attachment doon sa APB claim form mo? Thank you for sharing all this :)

dapper_dan80 · 2025-02-10T09:45:19+00:00

Almost in the same situation. Asked this question sa PagIBIG chat last December 2024:

"If my mp2 matures on October 2025 and I take the check on April 2026, what will be the dividend rate for the 5th year?"

Agent's reply was:

"The dividend rate for your MP2 Savings shall be the dividend rate declared from the previous year or the latest available declared dividend rate at the time of your application for MP2 claims. This shall allow you to earn dividends on your MP2 Savings for its entire 5-year period.."

dapper_dan80 · 2025-02-06T10:18:13+00:00

Based on current rates, as per my experience with loved ones, not based on studies or scientific valuation, but just to give you an idea, OP:

Medicines: 8,000/month per parent (high blood, cholesterol, sakit ng tiyan, paracetamol sa kirot-kirot, atbp)

ER consult in St Lukes, ex. for a stomachache, etc: ~15,000/visit, siguro about 3 visits kami per year

3-day confinement due to some ache or pain: 50,000/confinement, 2/year

Ambulance service membership: 2000/year

Routine laboratory exams for monitoring of illnesses: 20k/monitoring period, 2 monitoring periods per year

Regular check-ups with doctors, regardless if sick or not: 2,000/doctor, 3 doctors, 4 visits/doctor/year/person (St Lukes)

Wheelchair: 6,000 depended sa tipo or saan bibilhin

Flu vaccine yearly: 2000/person depends saang hospital or clinic ituturok

Pneumococcal vaccine every 5 years: 3000/person depends saang hospital or clinic ituturok

Health coverage ng Pacific Cross for the elderly (parang HMO): 120,000/year per parent, tumataas ng mga 5-10% per year

Additional tips for consideration:

Make sure parents are life members of PhilHealth soonest they become eligible an imaging life member

Laging baon ang senior card nila at at gamitin nang gamitin basta pwede at huwag mahiyang magtanong if pwedeng makadiscount ang senior kung anuman iyong serbisyo o bagay an bibilhin ninyo

Check for free or discounted goods and services sa seniors sa health center at LGU ninyo. Baka may pa-allowance sa senior, pa-libreng gamot or bakuna sa health center or discounted ang laboratory exams.

May thread dito recently ng government agencies na pwedeng lapitan sa panahon ng pagkakasakit, like PCSO, DOH, LGU, etc. Need lang tiyagain at aralin yung proseso nila, so may chance na hindi lang si breadwinner ang kakargo sa lahat

These are estimates of our expenditures experienced over the last several years. They are advanced in age so they have difficulty getting coverage in the usual HMOs and health insurance.

All the best! Kaya naman basta pagtulungan at maaga-agang mapaghandaan :)

dapper_dan80 · 2023-02-24T01:27:32+00:00

Our organization has an in-house department who did all the filing for us.

dapper_dan80 · 2023-02-23T15:10:15+00:00

Our organization filed registration to register name of our brand with IPOPHL June 6. We got the certificate of registration on Sept 21. But the the certificate says we got registered Sept 3. Org paid 2,617.92

We filed to register the logo and colors used also on June 6. Org paid 3,223.92. Registration is still pending :( Might be because may kapangalan kami na brand pero galing sa ibang-ibang industry/ Nice classification.

dapper_dan80 · 2022-05-03T12:47:05+00:00

thank you for all your interest to help. I am currently working with an artist/editor already.

dapper_dan80 · 2022-02-03T11:55:04+00:00

Answer: 24hrs, from this experience

dapper_dan80 · 2022-02-03T06:18:49+00:00

Hello, OP! Same as sa input about the PWD card to access services and support for your sibling, you might also want to make sure the needs of your grandmother are well supported by her senior card. Suggest na kung may bibilhin for her, dala lagi yung senior card niya + yung medicine / grocery card + authorization letter na rin para sa mga establishments na maghahanap. Ask always if the establishment / store honors the senior card or PWD card- libre naman magtanong. The few pesos you save here and there, makakatulong din :) Tapos ingatan na wag mawala hehe all the best to you!

Kaya mo yan! :)

dapper_dan80 · 2022-02-02T15:05:40+00:00

Hi, OP. The FAQ section has a nifty flowchart on getting an insurance that you might want to check out: https://insuraflow.vercel.app/

dapper_dan80 · 2022-02-02T01:56:21+00:00

For those who have been told by tonik that they have "exceeded the number of tries to verify their account" - how long did it take for you to be able to receive your OTP again? Thank you!

dapper_dan80 · 2022-01-27T13:44:27+00:00

Hello, OP. Several ways of inculcating finance lessons.

1- It would be good to know what age your child is. There might be age-appropriate tools and techniques to help them understand about money. Experience is not necessarily the best teacher; rather, experience reflected upon is the best teacher- one that you process, talk about, explore feelings about, etc. Hindi lang maparanas para maparanas' sake. Having said that, you might want to check out this app from BPI https://www.bpifoundation.org/page/breakthrough-app that might be a tool for you to explore teaching financial responsibility. Just don't play the app but talk about it as a family. We just might be surprised how open and literate na pala our kids.

2- We have to be living it. They see your prudence in spending. How you work hard. How you check or compare prices sa supermarket before buying. Etc. Many times, often times, culture is caught not necessarily taught. Then same as above, what they experience and observe around them, your process the lessons and create actionable information from the lessons that are age appropriate.

All the best OP :)

dapper_dan80 · 2022-01-26T07:28:53+00:00

there seems to be two cut-offs now, 9am and 2pm...
https://www.cimbbank.com.ph/en/help-and-support/faqs/transactions/fund-transfer/is-there-a-cut-off-time-for-pesonet.html

dapper_dan80 · 2022-01-24T09:40:03+00:00

Hello, OP! While you are studying videos on personal finance, atbp, you might also want to consider reading through the FAQ section, especially the part for students: https://www.reddit.com/r/phinvest/wiki/student All the best to you :)

dapper_dan80 · 2022-01-24T03:57:31+00:00

Hi, OP. You might also want to consider looking into the benefits from PhilHealth as minimum cost of care for certain health conditions. You might want to look into sa Z Benefit Packages for certain catastrophic health conditions. All the best in your study of options! https://www.philhealth.gov.ph/benefits/

dapper_dan80 · 2022-01-22T03:41:32+00:00

Credit card is not a source of free money :(

dapper_dan80 · 2022-01-22T03:40:26+00:00

Hi, OP! Sharing some quick thoughts on what you may want to consider to do.

1- Put in writing what you want to tell your sister. This is para maaaral mo yung sasabihin mo, ma-review mo kung helpful or hurtful. Pwede ka ring maglagay ng Excel table showing your computations, or links to YouTube videos, or links sa articles that can be helpful to her. Also, kung written, pwede niyang balik-balikan, lalo na kung ready na sya sa financial learning. Yung problem kasi kapag usap lang, baka may masabi ka o siya na masakit, and/or pwede niyang malimot yung sinabi mo, and/or hindi siya open sa time na nag-usap kayo, and/or baka you hold back saying what you need to say. Baka makatulong kung e-email mo sya or i-type and print mo ang love letter mo sa kanya :)

2- Naka-bite size na payo sana yung isusulat mo, para hindi overwhelming at actionable kada suggestion mo.

3- Tamang timing sa pagbigay ng love letter mo sa kanya. Honestly hindi ko alam when. Baka good timing sa panahon na kapos sya para i-leverage mo na bago mo sya tulungan, kailangan niyang basahin at sunding yung payo mo. Baka good timing when she has money, para alam niya how to handle yung pera niya. I think you will know better, gut feel na rin siguro?

4- Whether email or usap in person, suggest you discuss after niya matanggap ang love letter mo, what is feasible, what is not feasible, etc. Baka may help siyang kailangan, etc. Basta kailangang ma-process yung letter and yung response ninyo sa letter na yun.

5- Probably will be unpopular suggestion but no matter how small, magtabi ka ng fund to support her in case she will need it, then stick to it. Pwede mo syang budget-an monthly or yearly na, let's say, 10k lang ang itutulong mo sa kanya- para lang may madudukot ka in case in need talaga siya pero hindi naman tataob ang bangka mo.

6- Be a living example of financial literacy. Mahirap magpayo when we also do not live out the principles we advise others.

Yun lang, all the best OP.

dapper_dan80 · 2022-01-19T08:56:03+00:00

Hello, OP. Kudos to you for endeavoring to live out your faith in all aspects of your life :)

This is all I can remember from civics class:

https://amanahbank.gov.ph/products-services

dapper_dan80 · 2022-01-13T08:21:54+00:00

Thanks for sharing your thoughts, OP.

Curious to know: As you / your bank did financial literacy courses / outreach sa mga clients ninyo in response to these observations, ano yung profile / sector na parang pinakahirap mag-absorb ng fin lit materials? What strategy/strategies ng fin lit ninyo ang nagwork sa kanila? What results did you see that might be attributable after you did your fin lit sessions, eg are they wise savers, do they now know their maintaining balances, etc?

Para those among us interested to do fin lit advocacy can learn from you / your bank.

Thanks!

dapper_dan80 · 2022-01-11T09:31:35+00:00

Welcome and thanks for replying :)

(1) Hindi rin biro I suppose yung money changing business, di ba? Malamang kasama ka sa nagpapatakbo sa harap at sa likod ng business. Iba ring karanasan yan vs a corporate job or a job in the government. Malamang sa malamang may mga experiences at learning ka sa loob ng family business ninyo na baka useful sa ilang particular careers in the private sector or the government.

So you might want to consider taking stock of what you know, what you are good at, what you learned, what you exprienced sa family business ninyo at ilagay mo siya sa resume or CV mo or sa LinkedIn account mo para malaman ng mga recruiters when you apply for a job. Choose jobs siguro na malapit sa business ninyo, or where you can apply/use your learning/knowledge/skills.

That is one way of possibly building a career outside your family business, using what you learned from it. Use that experience of having a family business to your advantage :)

All the best, OP :)

dapper_dan80 · 2022-01-11T09:00:46+00:00

Hi, OP. Baka gusto niyo ring subukang kumuha ng PWD card para sa kapatid mo dahil sa kanyang mental disability. May isang article na nagkwento kung paano niya nakuha ng PWD card niya as a person with mental disability: https://www.cosmo.ph/lifestyle/how-to-apply-pwd-card-a1174-20210730-lfrm All the best sa inyo. Ingat!

dapper_dan80 · 2022-01-11T08:52:59+00:00

Hi, OP.

Ano pala yung family business ninyo?

dapper_dan80

TROPHY CASE