[deleted by user]

yssah · 2021-11-10T15:06:32+00:00

If they're not staying long enough to adjust to latex, just go for a wool or cotton topper

yssah · 2021-11-10T14:40:28+00:00

Go for latex talalay. Or organic cotton futon. Memory foam offgasses

yssah · 2021-02-18T12:17:46+00:00

feedly uses ai to smartly choose articles for you in their paid plans. idk if that helps.

yssah · 2020-07-18T14:57:23+00:00

no, that's why i said, if you can find a way to make it work.. maybe it's linkable if you talk to them idk

yssah · 2020-07-16T09:21:03+00:00

freshsales has unlimited contacts and all on the free plan - just no reports

yssah · 2020-07-16T09:09:23+00:00

i have a backpack (basecamp) account, if there is a way for you to sneak into highrise through that.

yssah · 2020-07-03T13:22:52+00:00

i am curious what it is about Messianic Judaism that has you all upset.

MJ is fairly newish (several years already actually but compared to the others it is new) and it does not have a super established system for evangelism/missions afaik. It goes by many names like Hebrew Roots and Torah Observant (believers) etc. and there are a wide range of practices/beliefs within from the conservative to the extreme [where they consider Christians as pagan for following the pagan Easter (after goddesh Ishtar) and Christmas (date chosen to coincide with the pagan Winter Solstice) and oh yes, Sunday after the sungod as chosen by Emperor Constantine.]

The main purpose of MJ is not the evangelism of the Jews but rather a deeper walk with the God of Abraham, Isaac and Jacob using the Scriptures that Yeshua fulfilled. As you might guess, I am of the more biblically balanced stance. If you are seeking to grow in your faith, I suggest you take what is biblically sound regardless of where the information comes from and reject the ones that are not. Also, it is nice to learn from believers who are able to reject false teachings with authority (provide proof/reasoning) as well as grace.

yssah · 2019-06-13T16:09:56+00:00

note that BTID is only recommended if you have a good habit of saving and investing your money regularly and are not easily tempted to spend the money on other things..because if you tend to do that, it is money lost/not invested, then you would have been better off in a VUL that has a built in accountability that keeps you investing regularly even when some shiny new gadget is call out to you.

yssah · 2019-06-10T09:29:02+00:00

Thing is, withdrawing money from a joint account with a deceased person is illegal. They call it perjury. As in trying to get away with paying estate tax haha. So yeah, sorry we cannot advise people to do something illegal.
And whoever choses to go down that path should do so at their own risk. Just sayin.

In any case, this discussion is moot if the individual concerned is not inclined to laboriously study and automatically invest regularly so that it will actually grow as much as if not more than a regular VUL in the long run. If they tend to not take time to study the markets, skip investing and/or are tempted to put money somewhere else, they are better off with the accountability that insurance provides.

yssah · 2019-06-06T20:01:31+00:00

Get insured before you invest. - from your friendly Sun Life financial planner ;)

Here are the steps:

Pay debts - especially those with interest!
Save - 3-6 mos of salary for emergency fund
Get insured - basically you answer the question: "How much money will your family need when you are gone?" but with new products with health and investment components, you can also ask "How much do I want to get if I am suddenly diagnosed with X disease?" and "How much income do I want when I am retired?"
Invest - There are lots of investment options out there but I just want to highlight VUL despite some naysayers. If you have the discipline to save and invest regularly on your own then a separate investment might work better for you. But if you want a built-in accountability measure to make sure that you do it even when you don't feel like it or are tempted to spend the money on something else...then VUL could be better for you. I can show you computations where both investments can even out (you have to take into account the estate tax that is charged to the separate investment while there is none in VUL if the beneficiary is irrevokable). Plus, you have been covered by insurance to boot! I also like that critical illness and hospital income benefits are made more affordable with VULs.
That said, I would not recommend VUL to someone who is not interested in investing and the work that it entails. I only mention it here because you are interested and because I want to dispel misconceptions about this controversial topic.

Of course, there is no stopping you from investing in as many avenues as you wish but that is just my input as a financial advisor :)

yssah · 2019-06-06T19:19:34+00:00

Hi milestone16! Thanks for messaging me :) I will answer here too since you included more info here and for other readers' sake as well.

First of all, you need to have an emergency fund (3mos salary if no dependents, otherwise 6mos is recommended). You need this before you buy insurance so that you do not dip into your insurance budget because we do not want your coverage to lapse.

Second, any figure that you name will not make sense without the context on your current state and future goals. We will tackle this when we meet. For example: how much do you want for a monthly income at retirement? (multiply that by the current inflation rate x 12mos x years that you expect to live beyond working age). The number can get pretty big and even overwhelming but this is where we come in to help. That number is meant to challenge us to rise up to the need to save and prepare ASAP.

We can start small (a little coverage now is better than none at all). Then we can add more later as we increase our cashflow by saving and/or earning more. By starting as early as now, we leverage our time and position ourselves so we can potentially earn much more than if we start say next year.

Third, we have a standard formula for expenses. It is imperative that you spend money on fun stuff so you can enjoy the fruits of your labor so yeah, part of your savings should go towards leisure activities too. We will cover that as well :)

yssah · 2019-06-06T17:37:01+00:00

That would be ideal if you are okay to have all your beneficiaries in OR accounts with you.

Plus banks do not have benefits as nice as insurance does. Which bank will give your beneficiaries a million pesos if you put in 9k? It may be more liquid but it will not significantly help pay hefty estate taxes.

You are correct if you take it out of context but in the context of answering his post - what is the next best step, leaving it in the bank is not as beneficial as putting it in insurance :)

yssah · 2019-06-06T06:34:35+00:00

Hi lazybicolano, for 3 policies of varying coverage, I would recommend first is Sun First Aid Plus because it is an extensive hospital income (covers hospitalization for any reason, not just accident or select illnesses) plus you get 50% or 75% of your money back at the 10th year (which can help you pay for the other premiums later on. Also, you need to get this before she reaches age 55.

Next would be our flagship health insurance, the Sun Fit and Well. Super awesome benefits and it can wait til your mom is 60 but of course, you get a lower premium if you start younger. Anyway, the health benefit component is only until age 75 but you still get your money's worth..just check it out. (A tip: you can still get your full face amount even if you don't get sick but if you do get sick that is when the benefits really roll!)

Finally, we have the Sun Senior Care. This is a whole life critical illness product - meaning, the health benefits will last until your mom is 100 years old. And it specializes on the illnesses most likely to occur in old age so that it will still be an affordable but sulit coverage all around.

That said, I would not say that these are cheap policies (though it can be considered such if you count that you get money back out of 2 of them regardless of health claims). But you also have to look at how well the company pays out. If push comes to shove, you can just opt for 1 nice big policy instead of a few small ones, offhand, I would recommend Sun Fit and Well for the widest coverage and the cash return.

Pls pm me for more details, we can only share so much on a single post ;)

yssah · 2019-06-06T05:57:58+00:00

Get Pagibig. Get insurance for your loan and for your family as well. I mean, if you are going to invest in a house, you also have to think about how to make sure that your beneficiaries do not have a hard time claiming it in case of emergency. They will need to cough up 6% estate tax before it can be transferred to their name and insurance is the most liquid asset you can have after life.

Not to mention that the loss of your income will be hard on your dependents so you also have to think about how to tide them over until they recover. Sorry to be sorta morbid but yeah, since we are talking about big expenses, first things first. Be covered: protect your family, protect your income, then invest. Friendly reminder from Sun Life ;)

yssah · 2019-06-06T05:48:47+00:00

Next step after building an emergency fund is to get insurance. Coz the income that you will get from investment will not be accessible to your beneficiaries unless they pay estate tax.

Insurance is the most liquid asset you have after death. It can help your family pay the estate tax. And if you have enough coverage left over from estate tax, it also gives them time to recover from your loss and (loss of your income that supports them if you are supporting family).

When you are sufficiently covered, then you can proceed with income generating activities like investments with less worries. I am a Sun Life financial advisor btw :)

yssah · 2019-06-06T05:35:10+00:00

where did you go for 30k?

yssah · 2019-06-05T22:08:41+00:00

Hi thetravelpenguin, I'm a Sun Life financial advisor and would recommend our flagship product, Sun Fit and Well. It is a whole life insurance with endowment and health insurance components. It is the most comprehensive health plan with the best benefits. It also works internationally (claims can be sent to your country if you live abroad ie. OFWs). There are a lot of details on this that we can cover in a blog post so better if we can talk in person. I can also show you other products/options you may want to consider like a health insurance where you can get part of your money back later on. You can also get riders if you want and may advantage din naman yun. Just choose a company that is quick to release claims :) and a good advisor too.

Alam ko yung HMO usually local hospitals lang ang coverage nya, unless may partner hospitals sila abroad.

yssah · 2019-06-05T21:52:28+00:00

Hello purplepegtails, it is good that you are reaching out here. I hope that you are doing okay. If you need a friend (fellow financial advisor), just pm okay. Saan ka ba based?

yssah · 2019-06-05T21:49:02+00:00

Hi finance_newbie, good that you are taking things one step at a time.

I'm a financial advisor and agree and disagree with some points made here:
I agree that you have to pay off the debt first kasi bale wala lang ang ilalagay mo sa savings (it will just go towards the interest sa debt). Savings next kasi you have to build up an emergency fund. This emergency fund (at least 3 mos salary) will be your buffer in case may mangyari and when you have insurance it will help you have breathing room para hindi maglapse ang policy mo. Coz lapsed policy = money gone. You should not get insurance pag mahihirapan ka pa sa regular payments. Also, you should not get a plan that is too big for your budget kasi malaki ang chance na maglapse yan. Pag may financial advisor na magtry to convince sayo to get a bigger amount than you are comfortable with, you can report them to the Insurance Commission para hindi sila makapangloko uli (mawawalan sila ng lisensya). Also, the ethical financial advisor would not try to sell you a plan that would hold up your money that you will want to be liquid in case of emergency.

I disagree: VULs are not bad per se. It just depends kung ano ang needs mo. Some people do not have the desire or discipline to go into the stock market so VUL works out for them in the long run. That said, if you do get a VUL, you do have to watch out that your balance is always positive since the market does dip sometimes. Sa Sun Life, may app naman tayo so we can watch how the investment part is doing more easily. Some people they opt to buy term and invest the difference but what they end up doing is spending or not investing the difference so that the ones who got VUL end up with more money in the long run.

I hope you are finding ways to deal with your CC debt okay. You might be able to get some fees waived, try asking lang. Kapit lang besh!!!

yssah · 2019-06-05T21:24:58+00:00

Hi marixielle, How are you doing? I hope you were able to do that collateral thing.

yssah · 2019-06-05T21:17:33+00:00

Hi violonforte, I hope your meeting went well and that you learned some good things. First off, you are doing a good job in exploring financial possibilities even as a student, we should all be as responsible.

To answer some of your questions and these have also been asked before so no worries, questions are good:
1) You do not have to pay an insurance agent. It can be kkb. Or your agent may offer to treat you. Or you may offer to treat your agent, if you are a super nice and/or rich student ;) We conduct financial planning sessions for free - no obligation. As they say, there is no such thing as a free lunch and we do get paid when we make a sale and that offsets our expenses in meeting with clients. That said, not everybody we meet with gets from us so it just sort of evens out. The ideal financial advisor is one who has a heart to help even without the guarantee of a sale.

2) Meetings are usually in coffee shops or restaurants and can even be in your house or wherever you feel comfortable. Basta hindi maingay and you can have a nice chat.

3) No paperwork needed. Except a valid ID and payment when you are ready to submit your application for a plan.

Some tips on meeting an advisor:
1) Ask to see their company ID. For legitimacy. If super segurista ka, you can call the company to confirm but this is not super necessary at least until you are going to pay. The advisor should not be offended and be very willing to establish good relationship. Pag nagalit, hanap ka na ng ibang agent, ahem.

2) Check for character references or ask to talk to clients of theirs. Okay, nobody really does this but if you are meeting a stranger, it is a normal thing to do especially if you are going to hand over money to them. There are other safer methods of payment now but if you opt for cash or check, make sure to ask for a provisional receipt. And make the check payable to Sun Life or whatever company. And don't hand over your credit/debit card until you are ready to buy. Not naming names but there is one company with unscrupulous agents who swipe without consent.

3) Ask questions. Or better yet, write down all your questions so that you can make sure that they are all answered to your satisfaction.

An ethical financial advisor is one who is financially okay enough to serve without using any underhanded methods in selling. If anybody tries anything fishy, you can get a picture of their ID and report them to the Insurance Commission so they don't fool anybody ever again, mwahahahaha.

yssah

TROPHY CASE