Makati Rizal Pinoys Financial Literacy Filipino Wealth Creation - Pinoys Financial Literacy


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WEALTH CREATION in Philippines

Our workshop topics:

Step 1: Understand and overcome obstacles to building wealth.
Step 2: Know what you want and start dreaming big.
Step 3: Find out where you are and what you have.
Step 4: Why savings is important and how to make it a lifelong habit.
Step 5: The right strategies to spend money wisely.
Step 6: How to get out and stay out of debt.
Step 7: How to increase your cash flow.
Step 8: Filipinolife's financial challenges and how to prepare.
Step 9: Retirement planning and how to make it a hassle-free and comfortable.
Step 10: Filipinoinvesting and start to grow your money.

Wealth is the abundance of valuable resources or valuable material possessions. This includes the core meaning as held in the originating old English word weal, which is from an Indo-European word stem. An individual, community, region or country that possesses an abundance of such possessions or resources to the benefit of the common good is known as wealthy.

The modern concept of wealth is of significance in all areas of economics, and clearly so for growth economics and development economics yet the meaning of wealth is context-dependent. At the most general level, economists may define wealth as "anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept. Various definitions and concepts of wealth have been asserted by various individuals and in different contexts. Defining wealth can be a normative process with various ethical implications, since often wealth maximization is seen as a goal or is thought to be a normative principle of its own.

In economics, wealth (in a commonly applied accounting sense) (sometimes savings) is the net worth of a person, household, or nation, that is, the value of all assets owned net of all liabilities owed at a point in time. For national wealth as measured in the national accounts, the net liabilities are those owed to the rest of the world. The term may also be used more broadly as referring to the productive capacity of a society or as a contrast to poverty. Analytical emphasis may be on its determinants or distribution.

Economic terminology distinguishes between wealth and income. Wealth or savings is a stock variable, that is, measurable at a date in time, for example the value of an orchard on December 31 minus debt owed on the orchard. For a given amount of wealth, say at the beginning of the year, income from that wealth, as measurable over say a year is a flow variable. What marks the income as a flow is its measurement per unit of time, such as the value of apples yielded from the orchard per year.

HEALTH INSURANCE : HEALTH PROTECTION

PROTECTION WITH INVESTMENT GROWTH

HIGH GROWTH POTENTIAL

PROTECTION WITH GUARANTEES



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Makati Rizal Pinoys Financial Literacy Filipino Wealth Creation

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