LEgal help desk episode 106: Wealth managemment
Published on Dec 15, 2014In this episode, Attorney Karen Jimeno and Attorney Rod Nepomuceno will discuss your legal rights on wealth management with Dr. Jaime Lorenzo, executive vice chairman of International Marketing Group (IMG) and Fitz Villafuerte, registered financial planner.
Gain expert tips and advice on how to manage your finances by investing in the right stocks. Learn how to keep your debts in check and know which wealth management companies and managers are right for you.
A typical
credit card purchase can cost up to 112% more than if cash were used. Higher
cost of living pushed families to turn to credits simply to make ends meet.
“It is a
rule of our financial and economic life that interest is to be paid on
borrowing money… Once in debt, interest is your companion every minute of the
day and night; You cannot shun it or slip away from it; you cannot dismiss it;
it yields neither to entreaties, demands, or orders; and whenever you get it in
its way or cross its course of fail to meet its demands, it crushes you. “ - J.
Ruben Clark
CREATE A STRATEGY
FOR ESCAPING THE GRIP OF DEBT
Nothing can
ruin your financial dreams faster than excessive, revolving, high-interest
credit card debt. The first step is to accept that won’t be easy, but with a
consistent, focused strategy, you can find your way out of debt. Set your goal
today to eliminate or consolidate your debt.
The first step in developing
your personal financial strategy is to look at your cash flow.
Does your current income exceed your expenses?
If not, you need to right the ship, or you’ll
soon find the dreams off course.
Is your MoneyCOMING OR GOING?
Monthly Cash Flow: your INCOME
J
-First income (net take home)
-Second Income (net take home)
-Dividends, Interest and Capital
Gains
-Annuities, Pensions and Social
Security
-Other
-SUBTOTAL Income
Minus Monthly Expenses
-Fixed costs
-Mortgage/Rent
-Property Taxes
-Associations / Homeowner’
-Utilities
-Cable / Satellite
-Telephone
-Car Payment
-Insurance Premiums
>car, life, health
Loan’s Credit Card: Master Card, Visa
and others
If your monthly expenses meet or
exceed your monthly income, you could be seriously jeopardizing your financial
well-being. You need to identify ways to earn additional income and manage
expenses.
Manage Expenses and Increase Your
Income
-Strive to spend less than you earn.
-Create a budget.
>weigh your monthly expenses as
wants vs. needs.
-Take on a second career or part-time
opportunity.
BUILDING A NEW INDUSTRY SOLUTIONS FOR A CHANGING WORLD. Watch this video.
“I once heard that only 3
percent of people are committed in designing the life of their dreams. That
sounds about right. Most people spend more time planning grocery lists than
thinking about their future.” J
MISSION OF THE NEW INDUSTRY
FACING THE CHALLENGES
1.Increase Your Cash Flow
§Make more money when you can, while
you can.
§Have multiple sources of income.
2.Cut Down Your Expenses
ØIt’s not how much you earn that
counts. It’s what you keep.
3.Reduce Your Debt and Liability
ØInterest on debt may reduce your hope
for long-term asset accumulation.
4.Understand How Money Works
ØMost people work for money but don’t
know how to make money work for them.
5.Have a Financial Goal and Plan for
the Future
ØPeople don’t plan to fail. They just
fail to plan.
IMG mean International Marketing Group fully established brokerage company that has been operating in the Philippines for the past 17 years under
its mother company based in U.S. which is the World Financial Group. IMG is a no. 1 BROKERAGE company that
provides products to clients under its TOP Caliber affiliates companies in the
Financial Industry here in the Philippines.
Our main objective is to provide proper Financial Education through
a System(A SYSTEM is a set of instructions and
guidelines for individual to follow to be able to move toward their goal
successfully). We provide Information, Lectures, Trainings, to individual
or company who requires our services. Even extend assistance to those members
who need help in growing up their businesses.
Our VISION is to lead the financial revolution. We want to build a
new industry in the financial industry. To provide an opportunity for great
rewards, satisfaction and success. Our MISSION is to help every family
achieve financial freedom. No family left behind! Not only to help people, but
to change people’s lives. We believe most people don’t plan to fail, they just
fail to plan. The reason they fail to plan is lack of knowledge. If a person is
equipped with the correct information, they can plan properly and make the
right decisions for their families.
We spend time educating and sharing valuable information. Most
organizations in our industry will not give out that easily, they demand
certain qualifications, full-time commitment, industry experience, and quotas.
We are different. We believe that everybody deserves a chance, that
anybody can be a winner, and that no one has the right to prejudge a person
whether they have the right stuff or not.
Another part of our mission is to help people build their business and
give people a chance to become somebody. We’re one of the very few
organizations that’s willing to invest a lot of time, effort, and resources to
help people from all walks of life, without any specific background traits,
educational qualifications, or business experience, without time commitments or
quotas, and work with them over a long period of time until they become
successful.We give people hope for
their future. Through our business, many people become more confident in themselves.
Make a positive impact on others, and make their family proud of them.
In IMG We Believe everyone has a Chance to Succeed!!!
Watch Video :)
The Integrity
of our System:
1.We
Don’t Make Money Recruiting People – when people join they pay
nominal fee for their membership agreement. That money goes directly to the
company to do the processing of license as required by the government, and
other materials (Business Kits) that will be provided to you. As for us, we
don’t receive any amount from a new recruit but instead we invest time, energy
and money to work with the new recruit until they become successful. When they
start to make money that’s the time make money through overrides.
2.We
Build Proper Financial Foundation – We provide trainings and
seminars on the Complete Financial Plan.
This is a continuous Financial Education only to members. It has the complete
information that you need. It provides information on How to Save the Right Way
and the tools needed to build proper financial foundation.
3.You
Don’t Have to Recruit to Make Money – we are not
the type of organization that requires you to recruit a lot of people in order
to make money. We are not like those organizations that emphasize recruits –
lots of recruits – to make money. We don’t even require you to buy products and
load your garage with boxes of products that you may not need, so that the people
above you can make money.The question
is “Can you make money even if you don’t have recruits? Our answer is YES. All
you have to do is simple, get the proper license, make prospect and ask help or
simply refer it to people who are member of IMG or even directly to IMG
Marketing Directors, they will do the job and you will make money.
4.You
Have NO Quotas – We impose NO quotas, production requirements,
nor recruits. You don’t have to show up to the meetings. You can come and leave
as you please. You don’t have any deadlines. A large majority of us only work
part-time. Many work on very flexible schedules and have little or even no
previous experience in business or financial industry.
5.You
Decide How Big You Build Your Business – It’s your
business. You’re an entrepreneur. You’re an independent contractor. You make
decisions and have total responsibility for your own business. You can build as
big as you want. Nobody can hold you back as long as you follow the system and
guidelines. You will earn more money as you please. You can tailor your
business in accordance with your lifestyle, your family, your personal
situation. We believe that the strength of a good business is to give maximum
freedom to the entrepreneur. That is our cutting edge.
WE HAVE A
GREAT COMPENSATION SYSTEM
The compensation is so unique by design, so powerful through years of refinement;
it provides great results that few organizations can deliver.
MATCH-UP
SYSTEM
This applies to member who is new and to those who are pre-occupied with
their present job or business, the team will provide assistance to all their
prospects/appointments. The concern member shall refer a prospect with complete
client information and help them set appointment. The rest of the job will be
made by the concern person where the member refers the client. The member will
receive his/her commission according to the position and the person who does
the business will also be entitled to his/her commission according to his/her
position commission schedule.
No worries at
all, you can do your regular routine with your job or business while earning
extra through referrals.
For a minimal membership and licensing fee you can start
your own business, start referring clients, and start earning extra income that
might be more than what you have now.
IMG CEO JESSICA & DINO ESTORGIO SUCCESS STORY
From nobody to somebody. Being an ordinary fast food service crew and now CEO. Featurein kirina sanchez RATED-K. Watch this vedio.
Their story could be your story in the future. For more IMG Successful stories you may visit this site: https://5079if.imgcorp.com/tp/
IMG amazing trips. It is for FREE Learning with pleasure. If you are interested to join us this trips please feel FREE to contact me 09333680068 / 09128978206 email: rober2.nino@gmail.com
