Comments on: The Three Most Often Ignored Necessary Expenses http://fitzvillafuerte.com/the-three-most-often-ignored-necessary-expenses.html Business, Investments and Personal Finance Wed, 08 Feb 2012 10:00:51 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jerrick http://fitzvillafuerte.com/the-three-most-often-ignored-necessary-expenses.html#comment-25131 Jerrick Tue, 21 Dec 2010 05:24:57 +0000 http://fitzvillafuerte.com/?p=2619#comment-25131 For me assurance and insurance or personal health, car and house is a need for everyone. The risk is too high for a normal financial person if anything happen such as accident, this will make their saving down to zero anytime if without any insurance or assurance beside them. Retired Plan: most of the time already in the legal law that everyone have to paid for it, so no one can run out from it unless you work in illegal job. For me assurance and insurance or personal health, car and house is a need for everyone. The risk is too high for a normal financial person if anything happen such as accident, this will make their saving down to zero anytime if without any insurance or assurance beside them.

Retired Plan: most of the time already in the legal law that everyone have to paid for it, so no one can run out from it unless you work in illegal job.

]]> By: Thoughts While I’m Sick at Flair Candy http://fitzvillafuerte.com/the-three-most-often-ignored-necessary-expenses.html#comment-6123 Thoughts While I’m Sick at Flair Candy Fri, 13 Aug 2010 00:23:56 +0000 http://fitzvillafuerte.com/?p=2619#comment-6123 [...] stumbled upon Fitz Villafuerte’s blog explaining that insurance is one of the most often ignored necessary expenses.  Working in the corporate world before gave me the benefit of having a Medical Card.  [...] [...] stumbled upon Fitz Villafuerte’s blog explaining that insurance is one of the most often ignored necessary expenses.  Working in the corporate world before gave me the benefit of having a Medical Card.  [...]

]]> By: Emie Vil http://fitzvillafuerte.com/the-three-most-often-ignored-necessary-expenses.html#comment-6122 Emie Vil Mon, 21 Jun 2010 14:48:36 +0000 http://fitzvillafuerte.com/?p=2619#comment-6122 I came upon your blog from the topblogs.com.ph site. I must admit I didn't expect the three most ignored expenses as emergency funds, retirement and insurance but upon reflection, I realized that you're quite right. We Filipinos are not much into these things. In fact, emergency funds are seem to be non-existent for a lot of us, more so on the retirement funds. I read somewhere that we are the lowest in terms of savings as compared to our neighboring countries. I hope this will change but I'm not holding my breath. As for me and my husband, I'm glad to say that we have the emergency funds stashed somewhere, we also have insurance. Now we're gearing towards our retirement funds, albeit a little bit late (we're now in our mid 30s) but at least, we may have something when we retire like 25 years from now. I came upon your blog from the topblogs.com.ph site. I must admit I didn’t expect the three most ignored expenses as emergency funds, retirement and insurance but upon reflection, I realized that you’re quite right. We Filipinos are not much into these things. In fact, emergency funds are seem to be non-existent for a lot of us, more so on the retirement funds. I read somewhere that we are the lowest in terms of savings as compared to our neighboring countries. I hope this will change but I’m not holding my breath. As for me and my husband, I’m glad to say that we have the emergency funds stashed somewhere, we also have insurance. Now we’re gearing towards our retirement funds, albeit a little bit late (we’re now in our mid 30s) but at least, we may have something when we retire like 25 years from now.

]]> By: Millionaire Acts http://fitzvillafuerte.com/the-three-most-often-ignored-necessary-expenses.html#comment-6121 Millionaire Acts Thu, 10 Jun 2010 01:43:33 +0000 http://fitzvillafuerte.com/?p=2619#comment-6121 As always, nice article Fitz. May I just point out that all these three necessary expenses pertains to the most important expense according to Francisco Colayco - Your Future. Thus, instead of using INCOME less EXPENSES equals SAVINGS, we should then use INCOME less SAVINGS equals EXPENSES. We should save to buy the most important of all expenses and that is our future. As always, nice article Fitz. May I just point out that all these three necessary expenses pertains to the most important expense according to Francisco Colayco – Your Future.

Thus, instead of using INCOME less EXPENSES equals SAVINGS, we should then use INCOME less SAVINGS equals EXPENSES.

We should save to buy the most important of all expenses and that is our future.

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