Category Archives: TIPS

Tipid, Ipon, Palago, Saya

Soldivo Investing Made Easy via BPI ExpressOnline

After you open a Soldivo Bond Fund or Soldivo Strategic Growth Fund account, you’d naturally want to make additional investments regularly to take advantage of money cost averaging.

You can make additional Soldivo investments electronically via your BPI Expressonline account. BPI treats the Soldivo mutual funds as “merchants,” so we can invest by “paying” Soldivo, using your folio number as reference or account number.

Soldivo Investing Made Easy with BPI Express Online

Soldivo Investing Made Easy with BPI Express Online

To Enroll Your Soldivo Fund Account(s):

  1. Go to and log into your BPI Online account.
  2. In the main menu, select the following: Payments & reloading → Bills Payment → Enroll Other Bills
  3. On the e-form, fill in your BPI account details.
    • Under the ‘Company Name’, select the Fund name (Soldivo Bond Fund Inc/SBFI or Soldivo Strategic Growth Fund/SSGFI )
    • Under ‘Reference Number’ enter your corresponding folio number (e.g. 6001xxxxxx).
  4. Click ‘Submit’.
  5. You will receive a confirmation notice of your enrolment and a copy sent to your registered email address. You may now make your additional investment online.

To make Additional Investments:

  1. Go to and log into your BPI online account.
  2. In the main menu, select the following: Payments & Reloading → Bills Payment → Pay Bills Today
  3. On the e-form, under ‘Pay’,
    • select the SOLDIVO fund name with the corresponding folio number (SBFI 6001xxxxxx or SSGFI 6001xxxxxx)
    • Input the amount to be invested
    • Select which BPI Account to be used for payment
  4. Click ‘Submit’.
  5. A pop up window will appear verifying your investment details. If the information is correct, click ‘OK’.
  6. You will receive a confirmation code of your investment and a copy sent to your registered email address.


To Schedule Regular Investments

After enrollment, you can automate your Soldivo investing by scheduling merchant payments to your Soldivo account.

  1. Go to and log into your BPI online account.
  2. In the main menu, select the following: Payments & Reloading → Bills Payment → Scheduled Bills Payment → Schedule Bills Payment
  3. On the e-form, under ‘Payment Details’,
    • select the SOLDIVO fund name with the corresponding folio number (SBFI 6001xxxxxx or SSGFI 6001xxxxxx)
    • Input the amount to be invested
    • Select which BPI Account to be used for payment
  4. On the e-form, under ‘Schedule Options
    • select Recurring Payments
    • select Monthly or Quarterly  
    • Input How many
    • Input Start Date
  5. Click ‘Submit’.
  6. A pop up window will appear verifying your investment details. If the information is correct, click ‘OK’.
  7. You will receive a confirmation code of your investment and a copy sent to your registered email address.



  1. Visit any BPI Branch
  2. Fill-out a Deposit/Payment Slip. Fill in the following details:
    • Under ‘Account Name/Merchant’s Name’, indicate the fund’s complete name.
    • Under ‘Reference No.’, indicate your folio number (e.g. 6001xxxxxx).


Should I Invest in the Stock Market?

Investing in the Philippine stock market is one of the most exciting ways to invest today, as the Philippine Stock Market heads to new highs.  Nowadays, in what is called a bull market (rising market), it is very easy to  make money.

PhilEquity Fund performance as of February 2015. chart compares PhilEquity Fund Inc (PEFI) versus Philippine Stock Exchange Index (PSEi)

PhilEquity Fund performance as of February 2015. chart compares PhilEquity Fund Inc (PEFI) versus Philippine Stock Exchange Index (PSEi)

What is the stock market and how do people earn from it? Learn from Aya Laraya as he talks about how easy it is to invest in the stock market.

But 85% of people who invest in the stock market eventually lose money. Every now and then, the market crashes, and those who are not very knowledgeable are usually among the first of the 85% to lose money.

Directly investing in the stock market is very exciting, and actually very easy, but if you do not understand it yet, it is also very easy to lose money.

You could indirectly invest in the stock market through mutual funds, by having a fund manager do the stock investing for you.  Equity funds are mutual funds that are invested mainly in the stock market.

In this YouTube video, Aya Laraya of Pesos and Sense teaches us about mutual funds. What are mutual funds and how can we benefit from them?

Basically, directly investing in the stock market is like driving your own car or jeep to a distant destination you are not very familiar with. It is much more difficult if you are not yet an experienced driver.

Investing in mutual funds is like riding a jeep or a bus with an experienced driver. You basically just pay the fare, and sleep, knowing that you have a professional driver who will bring you to your destination.

Driving your own car might be cheaper, and might be faster, but it is also possible get can get lost, take longer, or you never arrive at your destination!

Most people want to invest in the stock market only because their money is earning very little interest in their bank savings account. If you want to make money work for you, attend our FREE Practical Money Management Techniques Seminar, in Makati, Quezon City, Calamba, Dasmarinas or at a venue near you.

How to Become a Young Millionaire

Join the TrulyRichKids’ HOW TO BECOME A YOUNG MILLIONAIRE Camp on March 28, 2015, 9:00am to 5pm, to be held in Pasig City (near ULTRA).

This Camp has two classes: One class is designed for kids ages 9 to 12 years old and the second class is designed for teens ages 13 to 19.

Robbie Cabrillas

Robbie Cabrillas is a Grade 5 student at Marian School of Quezon City. He’s probably one of the youngest entrepreneurs at the age of 10.

Your kids will

  • learn how to simplify; They’ll save money on a consistent basis, knowing the difference between needs and wants; they shall acquire the very important skill of delaying gratification.
  • learn how the Stock Market works; They’ll learn how to invest regularly, buy the right companies, and multiply their money over many years.
  • will learn the importance of tithing; They’ll grow in the habit of generosity and the spirit of compassion.
  • “befriend” money in the right way, removing their wrong biases that it’s evil; they shall acquire a spiritually correct understanding that money is a servant, not a master, and thus must be used for God’s purposes.
  • be introduced to the world of Entrepreneurship, opening their minds to creating a product or service, selling the product, and making the business profitable.

For more details visit

Can you Save a Little to Save a Lot?

Cut costs on the things you don’t need now, to get the most important things you need in the future: kid’s education, house, car, dream vacation, retirement and health care fund.

You can make a fortune by making small changes today.

Do you drink softdrinks? Twice a day? Everyday?
Do you buy hot coffee? Twice a day? Everyday?
Do you smoke? A pack a day? Everyday?
Do you have your hair fixed? If straight, curl it. If curled, straighten it. Every month?
Do you eat junk food?

Think about non-essential sale items. Many buy P 1,000 non-essential sale items per month. Times 12 months is P 12,000.

Is P 12,000 a large amount for savings? It probably is!

Think about softdrinks. Softdrinks probably cost P 20 per can. Twice a day is P 40. Times 30 days per month is P 1,200 per month. Times 12 months is P 14,400.

Is P 14,400 a large amount for savings? It probably is!
Is P 20 a small amount to save? It probably is!

Think about cigarettes. It probably cost P 50 per pack. Times 30 days per month is P 1,500 per month. Times 12 months is P 18,000.

Is P 18,000 a large amount for savings? It probably is!
Is P 50 a small amount to save? It probably is!

Think about junk food. Junk food probably cost you about P 100 per pack per day. Times 30 days per month is P 3,000 per month. Times 12 months is P 36,000.

Is P 36,000 a large amount for savings? It probably is!
Is P 100 a small amount to save? It probably is!
Learn more about financial literacy, attend our Free Financial Seminar

But if we do not want to completely give up softdrinks or junk food, or cigarettes or non-essential items, maybe we can just cut-down? Half the annual amount is still a lot of money!

Resolve to cut down on a lot of small expenses. Small savings many times, over the days, over the months, over the years will allow you to save a lot of money!

The True Millionaire’s Prayer

Our  mission is simple,   No family left behind.

In our journey to enrich others, to be rich and to serve others with our wealth, we seek to make each and every Filipino family financially literate, financially stable and achieve its financial goals.  We invite all to attend our FREE Saving Your Future seminar on Practical Money Management Techniques in Makati, Quezon City, Dasmarinas Cavite and Calamba Laguna.  We remind ourselves of our mission with this prayer

The True Millionaire’s Prayer

by Bo Sanchez

Today, I ask You to bless me so that I may become a blessing.
Lord, I commit myself to enrich others.
But because I cannot give what I do not have,
I commit myself to become rich.
I commit myself to serve You and to serve the poor with my wealth.
Today, I open myself to the abundance of Your universe.
Use me as Your channel of love.
Give me the ability to create wealth that will bless the world..
Increase my financial wisdom and expand my territories.
I place my life in your hands


8 Habits ng Masayang Milyonaryo

8 Habits ng Masayang Milyonaryo” is the Filipino version of Bro. Bo Sanchez‘ best-selling book “8 Habits of the Happy Millionaire


Register to  attend our Free Saving Your Future Seminars on Practical Money Management Techniques in Makati, Quezon City, Calamba Laguna, and Dasmarinas Cavite.  Our two part seminar consists of a Practical Money Management Tips presentation plus a coaching session to help you create your personal financial blueprint.  During the presentation you will learn

  • The Six (6) Steps to Financial Security/Freedom
  • Rule of 72 in Investing
  • How Money Works and How it can Work for You
  • How to Build a Solid Financial Foundation
  • How to Create Millions with P1,000/month investment

Register Now for the FREE Financial Seminar !


The Abundance Formula

The Abundance Formula

This is essentially the quick guide to the Abundance Formula.

The Poverty Formula

Many people are poor because they follow a very simple financial formula, which we call the Poverty Formula

Income – Expenses = Savings

This means people think of spending and paying others first before paying themselves.  This is why people remain poor.  If one is currently earning P20,000 per month, one thinks he will forever earn P20,000 or more.  Thus he spends P20,000 per month.  If anything is left over, he plans to use it as savings.  But more often than not, people spend the entire P20,000, and sometimes even more.  When they spend more, they go into debt, and begin spending money they have not yet earned.  This is a vicious cycle, and people go deeper into debt.

The Abundance Formula

We teach people to use a different financial formula, which we call the Abundance Formula.

Income – 10% Tithes – 20% Savings/Investment = Expenses

In this formula, we teach people to give 10% of what they earn as tithe, and 20% for savings and investment.  Then spend the remaining 70% on their other expenses.

Details of this formula are beyond the scope of this article ( and Brother Bo Sanchez wrote an entire book aptly titled “The Abundance Formula” to explain this simple formula, enumerating four simple steps that make good people rich ), but essentially it means pay yourself first, and save/invest 20% of your earnings for your future.

The Abundance Formula actually makes life very simple.  If one makes P20,000 per month, he gives 10% tithe (P2,000) to the Lord , saves 20% ( P4,000 ) and allocates P14,000 for expenses.  If one starts at age 25, a monthly investment of P4,000  translates to P48,000,000 (yes, P48 million) at age 65 if invested at a modest12% per year, or P88 million if invested at 14%.

But I am in Debt! How Can I Save When I Am In Debt?

The Abundance Formula works well even when you are currently in debt.  Use the 20% (or more) to retire your debt ( making sure you do not incur more debt ).

How Can I Save 20% ?

Many people say “But I spend 110% of what I make, how can I possibly live on 70% of my income?”

There are some who find it really difficult to make ends meet ( like if you are sending several kids to college, or feeding an extended family). But most people can find savings if they really want to.

Every P1,000 a month savings translates to at least P1M in 20 years.  That is only P33 per day.  Can you save P33 per day?

How much do you spend on softdrinks?
How much do you spend on junk food?
How much do you spend on Starbucks coffee, or C2 Iced Tea?
How much do you spend on short jeepney and tricycle rides?
How much do you spend on cigarrettes?
How much do you spend on cellphone load, lotto tickets?

Can you save a few hundred pesos every few weeks?

How much do you spend eating out?
How much do you spend in the movies?
How much do you spend in the beauty parlors? Spas?

Can you save a few thousand pesos every few months?

How much do you spend on gadgets?
How much do you spend on vacations?

Add up all the savings and if invested properly, each P1,000 can turn into P1,000,000 in 20 years.  For example, if you can save P3,500 per month, that can turn into P3,500,000 in 20 years.

Of course one should enjoy life and fruits of their labor, but just make sure what you spend for enjoyment is within budget in the 70% for expenses and not in the 20% for savings/investment.

Expand Your Means!

It is more important to increase your means than kill your dreams.  If  70% of P20,000 is not enough, do not take from the 20% you use to pay yourself.

The preferred way to savings is to find ways to expand your means and earn more.  Remember 70% of P30,000 is P21,000, which is even more than P20,000.   If you want to spend more, simply earn more.

If you are working for money 8 hours a day, five days a week, you have three options:

  1. work for money for more hours,
  2. work for money for more days, or
  3. make money work for you

Doing (1) or (2) is “easy” but you can only do so much because there are only 24 hours a day, and 7 days a week.  If you want to earn more and be rich, you need to be financially literate.

This will be a topic in a future article.

Attend a FREE Financial Planning and Coaching Seminar in Makati. to get you started with Financial Literacy.

Should You Join IMG?

By J3 Patino

Should You Join IMG? Should you Own a Kaiser Plan?

There are THREE ways to look at IMG. You can look at it as a (1) School, (2) Investment, (3) Business Advocacy.

"I really love IMG business, because it is NOT about money, but it is about HELPING people."

“I really love IMG business, because it is NOT about money, but it is about HELPING people.”

IMG as a School

The initial training you attended was just 1 of the many available trainings in IMG about different financial instruments. Also, as a member you will have a chance to network, discuss and consult with other members who are also financially “aware”. IMG is a great community of financial literacy advocates and practitioners.

If want this, then all you have to do is to become a member of IMG. The membership costs about P3,700 (fees may change overtime). This will grant you access to the ‘higher series’, and of course the people would be more gladly help you achieve your goals.

(Insider’s Note: The person who invited you will not get compensated in any way if you do decide to become a member. The fee should cover for your starter kit, trainings and license, which will be discussed in the later section)

IMG as an Investment

Remember that IMG is a financial brokerage. And aside from the Kaiser plan, you can also purchase mutual funds, insurance, real estate and other instruments from its partners. If you plan on just investing with IMG partners like Kaiser (HMO), or PhilamLife (Insurance) or PhilEquity (Mutual Fund) or Ayala Land(real estate) or any of the financial product providers it represents , then it is going to be more convenient for you since it’s just a one-stop shop. You will be dealing with just one person for all your insurance, healthcare, mutual fund, and even for estate planning. And more important than convenience, you can also be assured that the person you’re dealing with is someone who is financially educated, and not just a product pusher of whatever his company is selling.

To get an investment from IMG, then simply approach the person who invited you and ask them what the available and recommended products are, given your specific goals.

(Insider’s Note: If you do purchase any product, then the person you buy from and the person who referred you will earn a commission. This practice is pretty standard in all sales industries.)

IMG as a Business Advocacy

IMG can also be seen as a business, wherein you would be spreading financial literacy to Filipino’s all over the world, and be financially compensated for it. (As mentioned early in the post, IMG is an education focused business). So as you spread financially literacy, you will meet 3 different people:

  1. People who would ignore you.
    You pray for these people and hope they will be more financially responsible.
  2. People who would want to apply what they learned from you.
    You teach and recommend investments here. If they buy, you earn a commission!
  3. People who would want to join you in your advocacy.
    You train them how to do the same and you will earn royalty fees.

Note: There are already existing training seminars that will teach you how to do this step-by-step. So even if you do not have a finance background, part of the IMG training is of course learning how to apply it in your own life first. Remember the quote:

“To learn, READ. 
To know, WRITE. 
To master, TEACH”. 

If you do IMG as a business, then it is part of the training wherein you will learn how to master financial literacy, because you will be teaching it to others. This is a much harder path to do, but it is also more financially rewarding.

To do IMG as a business, you will have to:

  • Become a Member (Pay the P3,700 fee and start attending trainings), THEN
  • Purchase the Kaiser Health Plan.

The details of this can be discussed by the person who invited you or introduced you to IMG.  When you do IMG as a business, you become a broker for all the financial product provider-partners of IMG (yes, you become a broker for Kaiser, for Philamlife, Ayala Land, etc), and thus eligible to earn commissions on sales.  You could grow this business with no capital, guided by a team of business mentors ( but details are beyond the scope of this article ).

So that’s all for this article! I highly recommend that you get back to the person who invited you and let him or her know if you want to go with IMG as a School, Investment or a Business. (You can also say none of the options, that’s not a problem – just let them know!).

If you have any questions, I’m sure the person who invited you will be happy to discuss it with you. For now, I hope that this article has helped you understand what is IMG, Kaiser and how it can help you achieve your financial goals.

About J3 Patino

J3 PATIÑO is a personal finance consultant dedicated to teaching Filipinos around the world, how to achieve financial freedom and financial abundance by understanding the world of money, in a simple, practical and very-easy to understand way.

J3′s books, videos, seminars, and posts inspire tens of thousands of Filipino’s all over the world from different walks of life – from students, young professionals, starting families, to OFWs,  entrepreneurs and executives. J3 is also a member of the Registered Financial Planners (RFP) of the Philippines, a former faculty member of the University of the Philippines, and most importantly a lifetime student of student of personal finance.

Bridging the gap in health care

Kaiser : Bridging the Gap in Healthcare

by J3 Patino

What is Kaiser?

Kaiser HealthGroup International is the healthcare partner of the International Marketing Group (IMG). It is a lesser known Health Maintenance Organization (HMO) compared primarily because it’s focus is on the individual family clients (and not the corporate accounts). The reason why Kaiser was created was to address the LACK of long-term healthcare provided in the country.

Why Do We Need Long-Term Health Care?

Typically, an average Filipino employee would have a healthcare plan provided by his/her employer. This is certainly very beneficial and helpful to the employee and his dependents, and this covers for the person’s SHORT-TERM healthcare needs.

But what happens when the person has to leave the company? What if he is already forced to retire, or perhaps was made to be redundant? The healthcare benefits will also disappear! I honestly find it quite sad that when people get older, that is the time they will most likely need a healthcare plan, but that is also the time when they won’t have it already.

This is the BIG GAP in healthcare. Everyone has the typical short-term plans, but no one is preparing them for the future – a time when they will no longer be covered by any company, and a time where medical and hospitalization expenses would most likely be in the millions. This is the need that Kaiser is solving, one family at a time.

The Kaiser Short and Long-Term Plan

During the seminar, the Kaiser 4-in-1 plan must have been discussed to you. Depending on the skill on the speaker, there are some things that might not be really clear to you, so let me simplify it.

The Kaiser plan has 3 phases:

Phase 1: The Accumulation or Paying Phase (Year 1-7): For the first 7 years you will be paying for the plan. During this time, it works like a typical HMO wherein you have an annual benefit usable for hospitalization expenses. (There are a couple of bonuses like the Annual APE, and Dental Benefits, but honestly I think these shouldn’t even matter in your decision making).

Comparison to Other Providers: During this phase, the kaiser plan addresses the Short-Term healthcare needs. When compared to other healthcare providers, this plan is actually very sub-par. Short-term healthcare is definitely NOT this plans strong point).

Phase 2: The Growth Phase (Year 7-20): During this phase, you have completed all the payments and all you have to do is WAIT and let the plan mature. At this point your plan will have a starting cash value, that you can also use for medical expenses. The money is invested in government and corporate bonds, which are expected to yield 5-8% per year.

Comparison to Other Providers: During this phase, the Kaiser plan is still there for your short-term needs. The money is still growing at this point and it is at this phase when the Kaiser plan starts to step-up and be more competitive with the other health providers.

Phase 3: The Maturity (Year 20 and beyond): At the plans maturity at year 20, several bonuses will be awarded like the Long-term Care Benefit and Bonus. Plus about 85% of the premiums will be returned to you if you didn’t use the plan during the earlier phases. Here the cash value of your investment would also be good as cash – meaning you can use it for anything, not just hospitalization and medical expenses.

Comparison to Other Providers: At this phase, Kaiser stands out because most healthcare providers are already TOO expensive (Try this: add 20 years to your age now, and inquire how much a healthplan will cost….) Meanwhile, your money with Kaiser has already accumulated (and depending on the plan you chose, your Total Health Benefits would be upwards of P500,000 all the way to several millions).

All in all, I think the Kaiser plan is a great compliment for those who have existing healthcare plans (especially if its provided by your employer). This way you’re covered for both your short and long-term needs.

Where the Kaiser Plan Fits

As you learned in the seminar, there are 6 steps to financial freedom.

  1. Increase Cashflow (by increasing income and decreasing expenses)
  2. Manage Debt (by debt consolidation and eliminating it)
  3. Create Emergency Fund (Save 3 to 6 months of your expenses)
  4. Ensure Proper Protection (Portect for medical emergencies, and risks)
  5. Build Long-Term Savings (through investments)
  6. Preserve Estate (through estate planning)

Where does Kaiser Fit into the Picture?

Kaiser is in the 3rd and 4th step of achieving financial freedom. While investing in the stock market is at the 5th step already. And to build a solid financial foundation, these steps must be STRICTLY FOLLOWED.

(Imagine a child asking for dessert BEFORE even eating the main course and the vegetables. Would you, as a responsible parent, actually do this even if the child wants it so badly? Of course not! That would be very unhealthy, and it would ruin the whole point of eating (which is to make us healthier).

It’s the same thing in building a solid financial foundation. No matter, how good investing may make you feel, if not done with the right foundation it is also unhealthy. The right way is to Have a source of income first, THEN make sure you don’t have any high interest debts… THEN save and secure yourself with insurance and healthcare, THEN that’s the only time you invest.

Should You Get the Kaiser Plan?

Affiliate Disclaimer: I (along with your IMG financial coaches) will receive a commission should you decide to purchase a Kaiser plan through us. But as an independent and Registered Financial Planner, I will only recommend the plan if it suits your needs.

So let me start off with who should NOT get the plan..

PLEASE DO NOT get the plan IF:

  • You have no source of income.
    The unemployed, children and students are a big-no no. Retirees can get the plan only if someone else will cover for it, and you have savings that will last you at least 3 years.
  • You are buried in high-interest debts.
    If you cannot fully pay your credit cards, then please repay them first. Auto and Home Loans are okay since these are more acceptable interest rates.
  • You cannot save more than 10% of your salary.
    Focus on increasing your income and decreasing your expenses first. Learn how to budget and save first. Learn how to increase your income before moving on to the higher stages.

If you belong to any of the above, you can still come to IMG for coaching, but it is really not recommended that you get the health plan. Put the first things, first.

If you DO NOT belong to any of the above, then you can consider getting the plan. For this, I will simply rank it if it’s excellent, very good or good for you to get a plan:

The plan is EXCELLENT for you IF:

  • You are a young professional and you are already covered by your employers health benefits.
    This is a perfect compliment to your short and long-term healthcare needs. This is actually also very good because if you do not use the Kaiser plan in the early phases, you get the 85% return on your premium. So you current plan acts like a BUFFER to your Kaiser plan.
  • You are self-employed with no form of health/medical benefits.
    The bonuses are really valuable here like the insurance, APE, and of course the health plan. It being a 4-in-1 (savings, insurance, short and long-term healthcare) is also very convenient for your complicated and busy lifestyle.
  • You are an employee planning to transition into business.
    One of the fears that employees cling on to are the ‘benefits’ in the company. This almost always prevents them to take the leap of doing what they truly want to do. When you have your healthcare covered, at least you’ll have a safe foundation as you venture into the unknown.

The plan is VERY GOOD for you IF:

  • You are an established family man/woman in your 40’s to 55’s.
    Given that the plan takes 20 years to mature, it would just be in time for your retirement years.
  • You plan to grow old SINGLE.
    Not to assume anything about your future, but generally you will have less people to rely on in your old age. (Both socially, and financially). Having to hiring a personal caregiver is also very possible so it would be good to prepare as early as now.

The plan is GOOD for you IF:

  • You are starting or building a family.
    Healthcare is always a good thing, but the challenge in your case is the very tight budget. In this case, I would actually recommend you to focus on getting life insurance first, and really saving up for the emergency fund prior to getting additional healthcare. I would also recommend that you start saving for your child’s college tuition already if you have excess money. So invest in this Kaiser plan only when you can really afford it, and all the other necessary steps are already covered.

If you did not belong to any group above, sorry for missing out on you. But I believe with these examples, you already know the befits of the Kaiser plan.

Abouit J3 Patino

This review was written by J3 Patino – the founder of Pinoy Money Academy and an independent Registered Financial Planner. J3 helps Filipinos understand investments and other financial instruments so that they can make the right investment decisions and achieve their financial goals.