Mpowered: Financial Planning for Young Moms

Like many women, you’re probably in charge of your family’s household budget. You do the groceries, pay the bills, and plan for purchases. But as a young mom, you may be struggling with your day-to-day finances.

You may not yet be earning as much as you can. You have childcare expenses you never had to deal with before. You may be paying off a car loan or even a mortgage. You may also be expected to support your parents or in-laws. And of course, with all the stress and challenges at home and at work, you may be racking up credit card debt for shopping, vacations, and eating out.

But even if you’re good at day-to-day money management, as a lot of women are, are you just as good at planning for your long-term financial goals?

Women and Money

Many surveys and studies have been made about women and money, but they all boil down to these conclusions

• Women are not very confident when it comes to the subject of money, especially investing.
• They focus more on saving and budgeting and leave long-term financial planning to their husbands.
• They get intimidated by some financial concepts, including acronyms and jargon, which they find boring or complex.
• They rely more on family members and friends for financial advice rather than financial professionals.

If these describe you right now, consider the fact that in general women outlive their husbands, because you need to start thinking long term.

Do you have enough for your children’s education?

Are you adequately insured against life’s risks?

Have you started investing for retirement?

Your Biggest Money Mistake

The biggest financial mistake women, including young moms, make is that they fail to properly plan for the future.

You may be procrastinating so you keep putting it off. You may find it boring or confusing so you don’t even bother. Or you are just too busy multitasking as a supermom that you just can’t find the time to start.

But you can’t just let your life pass you by. You have dreams for yourself and your family. Whether your goal is to have a comfortable retirement with your husband, the best education for your children, or your own business, it all starts with a plan.

In “Mpowered: Financial Planning for Young Moms,” Salve Duplito, RFP, multi-awarded financial journalist, financial planner, and co-host of ANC’s On the Money will guide you through your finances and help you plan for your financial future. It’s time for you to be Mpowered!

Why You Should Attend

This is a hands-on, jargon-free, no-judgment, and fun workshop. Here are some reasons you should attend:

• You get to do practical exercises to give you the knowledge and skills to take control of your finances.
• You won’t hear complex industry jargon, just plain and simple language that you can relate to.
• You will be with other young moms who are going through the same thing. There’s no judgment, no embarrassment, no condescending lectures.
• You will have fun! There’s no boring stuff. You will enjoy the talk, the activities, and the Q&A.

How You Will Benefit

This workshop can change your life and your family’s financial future. You will be Mpowered! These are some of the benefits for attending:

• You will learn where you are right now, where you want to be, and how to get there, so you don’t feel lost, confused, and uncertain.
• You will get help making and implementing your own financial plan, so you can actually make important changes to your finances.
• You will get the latest updates in the financial markets, so you know to apply these to your family’s finances.
• You will feel empowered and more in control, so you can start enjoying a richer, more rewarding life that you want for yourself and your family.

What You Will Learn

1. The value of financial coaching

2. How not to be fooled by the marketing spiel

• Banking products and managed funds
• Debt
• Insurance
• Stocks
• Looking for independent financial advice

3. Identifying your meaningful milestones

• The right way to set goals
• What your timeline says about you

4. Crunching the numbers

• Getting real: what’s your net worth
• Getting real: what’s your magic number for retirement
• Getting real: how do all your other goals fit in
• Getting real: how much do you need to set aside monthly
• Getting real: what’s wrong with your cash flow

5. Protecting your family from risks

• Understanding life insurance
• How much do you really need
• Life insurance and investments

6. Protecting your credit history

• New developments in the government credit bureau
• Your window of opportunity to fix credit
• What do do if you have a hit on your credit score

7. Investing for growth

• Bonds
• Stocks
• Pooled funds
• ETFs
• Real estate
• Global investing
• Staying away from scams

8. Giving back to the community

Who Will Guide You

Salve Duplito, RFP® is one of the most respected financial journalists in the country. She is the co-host of On The Money, a personal finance show aired on the ABS-CBN News Channel (ANC). Salve shares personal finance tips and strategies, and widens the discussion on consumer and investing issues that face viewers today. In her SalveSays segment, she breaks down complex financial and investment concepts into simple, easy-to-understand, and actionable ideas for the everyday Filipino.

As a financial literacy advocate, Salve has pushed for the last two decades for a cultural revolution on how people should handle their finances and use debt wisely. She is also a public speaker, communication consultant for organizations like the World Bank and the Asian Development Bank, and a Registered Financial Planner (RFP®). Salve practices what she preaches as she actively guides and coaches clients as a financial planner.

She worked for two decades as a financial journalist for publications such as the Philippine Daily Inquirer, the Inquirer Interactive, and BusinessWorld, winning prestigious awards for her articles including the Jaime V. Ongpin Awards for Investigative Journalism, EJAP/Metropacific Banking and Finance Reporter of the Year, and the Citibank Award for Excellence, among others. Salve is known for her independence and tells it like it is, so you are sure to get only well-researched insights and objective financial advice.

During the workshop, Salve will be assisted by other financial planners to help you with the worksheets and exercises. They will also available to you after the workshop to answer your questions and help you put your financial plan into action.

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Dates and Venues

• Batch 1: March 21, 2015 | 8:30am – 12:30pm | SMX Aura, BGC, Taguig City

Workshop Fee

• Regular rate: P2,500+VAT
• Buy 1-Take 1 promo! You can bring along your husbands to make the planning session even more effective or bring your BFF to make it even more fun. Just enter the name of your companion and contact details during registration.