FINANCIAL PLANNING MANILA
  • Home
  • Types of Financial Planning
    • Personal Finance Planning
    • Investment Planning
    • Insurance Planning
    • Educational Planning
    • Planning for Life Milestones
    • Health Planning
    • Retirement Planning
    • Estate Planning
  • Financial Planning Tools
    • Mutual Funds
    • VUL Life Insurance
    • Life Insurance
    • Health Insurance
    • Financial Planning Seminar
    • How To Be A Sun Life Financial Advisor
  • Articles
  • Contact
    • Request for Appointment
    • Sun Life Online Application

FINANCIAL PLANNING TOOLS

PictureWealth-Growing Tools enable you to enhance the value of your money over time.
Financial Planning Tools are the instruments used to meet current and future financial goals through a sound financial plan.  

Financial Planning Tools generally fall into two categories:
(a.) Wealth-Growing Tools
(b.) Protection Tools

Wealth-Growing Tools 

The wealth-growing financial planning tools are those that help you grow and compound the value of your money over time.  As such, these tools are best suited to meet financial goals that require big cash outlays such as buying a car, buying a house, preparing for your wedding or preparing for retirement.

Examples of these wealth-growing financial tools are:
  • Mutual Funds
  • VUL Life Insurance
  • Stocks
  • Bonds
  • Bank Account

To make your money grow meaningfully over the years and to understand better these wealth-growing tools, you need to consider the relationship between two major variables in investing: RISK and RETURN.  

These two variables have an INVERSE relationship.  Simply put: the higher the risk, the higher the potential returns; the lower the risk, the lower the potential returns.  

So if your objective is to achieve higher rates of return for your money over time, you should be ready to take risks with your money - meaning that you should be able to take periodic loss of capital.  Stocks, stock or equity-based VUL life insurance and stock-based mutual funds are some of the wealth-growing tools that exhibit relatively higher risks.

On the other hand, if you are not ready to take on risks with your money, you should put them in lower risk tools like bonds, bond-based VUL life insurance or a bank account.


Protection Tools

The Protection tools of financial planning are those whose main objectives are to serve as a robust cushion of support to you and your family's financial state should death, devastation, accident, illness or disability happen to the person who brings in the money and income for the family.  

These protection tools provide either a lump sum or partial cash infusion to you or your family in the event of the occurrence of one or all of those circumstances.

Since major disruptive events are largely unpredictable, it is wise to use these protection tools in conjunction with the wealth-growing tools mentioned above for a truly comprehensive financial plan to work well for you.

Examples of these protection tools include: 
  • Traditional Life Insurance
  • VUL Life Insurance
  • Health Insurance
  • Non-Life Insurance (car insurance, fire insurance, property insurance)
  • Pension Plan
  • Educational Plan
  • Funeral Plan

"Someone is sitting in the shade today because someone planted a tree a long time ago" 
~ Warren Buffett,
   Legendary American Investor 
   Chairman and CEO, Berkshire Hathaway

Invest in 
Sun Life 
Mutual 
Funds NOW!


Turbo-boost the earning power of your money over time.
  
Learn more HERE!

Get a
Sun Maxilink Prime VUL

NOW!


Protection for your family while growing your money through investments. Payable for at least 10 years.*

Learn more HERE!

YOUR PARTNER :
Picture
Edwin T. Bartolome
Financial Advisor and Certified Investment Solicitor
Authorized by the Insurance Commission to act as an Insurance Agent.
​
For inquiries and free assistance on Personal Finance, Investments, Estate Planning and other Money Matters, you can reach him at:

Office Address:
Baobab New Business Office
Sun Life Financial
6/F BTTC Centre,
288 Ortigas Avenue
Greenhills, San Juan City
Philippines
Tel. No. 7-719-3958
Fax. No.7-719-3894

I want to make a difference. I want to Be A Sun Life Financial Advisor

Financial Planning Articles:

Why You Need To Maintain Both A Savings Account and an Investing Account

Why Filipinos Should Invest and Not Merely Save

Getting Rich Is Like Running A Marathon, Not A Sprint

Delay Your Gratification To Succeed Financially


    SIGN-UP FOR A financial planning NEWSLETTER here.
    receive helpful tips each month

Submit

Picture

    I'M INTERESTED TO LEARN MORE ABOUT FINANCIAL PLANNING TOOLS. 
    Contact Us If You're From Metro Manila.

Submit

Services

Mutual Funds
Insurance
Seminar

Who We Are

About Us
Request for Appointment

Support

Contact Us
Privacy Policy
© COPYRIGHT 2023. ALL RIGHTS RESERVED.
The posts and opinions expressed on this website are my personal views and do not necessarily reflect the views of any insurance or investment company.  They do not represent (nor are they intended to represent) the positions, opinions or policies of any insurance or investment company.
Photo used under Creative Commons from Alan Cleaver