Vince Rapisura 2437: Assessing current financial situation of sandwich generation
* AI ("Artificial Intelligence") subtitles on Tagalog.com are generated using "Whisper" by OpenAI (the same company that created ChatGPT and DallE2). Results and accuracy may vary.
* The subtitles do include errors occasionally and should only be used as a tool to help with your listening practice.
* You can request this website to create a transcript for a video if one doesn't already exist by clicking the "Request AI Subtitles" button below a video. Transcribing usually takes 30-40% of the length of a video to complete if there are no other videos in
the queue. For example, a 21 minute video will take 7-8 minutes to transcribe.
* Running a super fast cloud GPU server to do these transcriptions does cost money. If you have the desire and financial ability, consider
becoming a patron
to support these video transcriptions, and the other tools and apps built by Tagalog.com
00:00.0
Ayan, pera-pera na sa ano ka na, diba?
00:04.2
We want to assess our current financial situation
00:07.7
as sandwich, as sandwich generation.
00:11.6
Ayan, diba? So, tanong lang natin sa mga sandwich generation,
00:15.1
kayo po ba ay financially secure?
00:18.6
Magandang tanong yan.
00:20.5
Kahit na kanino, pwede natin itanong yan.
00:22.9
Kayo ba ay financially secure?
00:24.5
Kasi tinignan na natin eh ang ating financial security with this.
00:27.5
So, we will, to determine our financial security,
00:30.8
tinignan natin ngayon yung pumapasok at lumalabas ng pera, no?
00:34.9
So, para gawin ito, we have to list our sources of income
00:39.4
and their amounts.
00:41.1
Tapos, e-identify din natin ano ba yung mga fixed and variable expenses.
00:45.6
Yung variable expenses ay nag-iiba-iba kada buwan
00:49.1
at yung fixed naman ay parehol.
00:51.0
So, for example, yung fixed expense natin ay rent, diba?
00:54.4
Kasi, for the whole year, usually, ay parehol naman.
00:57.6
Pero yung variable ay, kung nari, pagkain, madami ngayon,
01:02.6
next month, kakunti, kung pwede siyang mag-iba, no?
01:06.0
Evaluating our spending patterns and habits,
01:09.8
ano ba yung mga pinagkakagastusan natin,
01:13.4
at ano ba yung mga okay to, ano yung hindi,
01:15.8
ano yung pwede pigilan, ano yung pwede natin i-temperate.
01:19.0
Pero sir, based ito sa determining monthly income and expenses,
01:21.8
nabanggit natin kanina that some people live with their relatives,
01:25.8
kapatid, mabulang, iba may asawa.
01:29.4
Sir, based pag kinakukito, individual ba ito, or household?
01:32.2
Okay. So, dito, actually, yung maganda natin,
01:34.9
kasi we're talking about the Sandwich Generation.
01:37.3
Hindi, kayo, kapag Sandwich Generation, kayo, ha?
01:40.9
Iwasan po natin na pinapasan natin ang daimting,
01:44.6
nagpapakamartir tayo, at inaakon natin lahat.
01:47.9
So, maganda na kung sino yung kasama natin sa household
01:53.2
ay sila yung ina-account natin ng income and expenses.
01:58.4
So, kung mayroon naman tayo mga dynamics na siyempre,
02:01.0
kung mara yung anak mo,
02:02.8
okay din naman na hindi mo alam kung magkano talaga yung swerto niya.
02:05.9
But, we have to ask for that child,
02:09.8
kung lalo na, kung kumikita na siya,
02:12.0
ng kanyang portion ng contribution sa expenses sa household.
02:17.9
So, ang rule dyan, kapag tayo po ay multiple income earners
02:22.2
at dukod sa isang household,
02:24.2
dapat ay nagko-contribute ako.
02:26.1
So, we have to account for this.
02:29.9
Identifying our short-term and long-term financial goals.
02:34.1
So, ang una na ang tinignan natin kanina ay money in, money out.
02:37.6
Then, after natin magawa yun,
02:39.7
titignan na natin ano ba yung mga short-term and long-term financial goals natin.
02:44.5
Unfortunately, ang pag-uusapan natin dito ay
02:47.4
ang laging nasa short-term dyan ay
02:49.5
naku, baka atakihin yung mga magulang ko.
02:53.0
At bago pa nangyari yun,
02:54.8
ipila mo na ano yung mga kailangan mong gawin.
02:58.6
Tapos, medyo siguro sa long-term financial goals mo,
03:01.1
titignan mo rin yung mga anak mo.
03:02.6
For example, baka bata ba sila?
03:04.7
8 years old pa? 10 years pa?
03:06.5
Bago mag-college?
03:07.4
Isang dekada ba yun?
03:08.3
So, long-term financial goals yun.
03:10.5
So, we have to set realistic financial objectives.
03:14.8
So, dapat ito talaga ay
03:17.6
kayang-kaya natin na gawin.
03:22.2
Sa kaserving, siguro ang tama dyan ay
03:24.2
yung based sa market realities.
03:27.2
pinatandaan mo nga na baka ma-hospital yung nanay mo o tatay mo,
03:30.8
pero ang nilagay mo na cost ay P5,000.
03:34.6
Pero, hindi naman realistic.
03:36.6
Hindi ganun ang amount of hospital na yun.
03:39.1
So, kailangang tinignan mo kung ano yung mga current prices
03:42.6
at ano yung mga nangyayari na yun.
03:44.6
At titignan mo rin ito, realistically,
03:46.6
based sa kakayaan mo.
03:48.6
Kasi, baka naman at the midst of it all,
03:50.6
ang pangarap mo pa ay
03:52.6
sandwich generation ka na.
03:54.6
Tapos, P50,000 kada buwan ang tinikita.
03:56.6
Tapos, ang pinagpapanood natin ay
03:58.6
tour around the world.
04:00.6
Pero medyo, hindi naman sya realistic.
04:04.6
ikaw ay magtrabaho sa airline industry,
04:10.6
Prioritizing goals based on
04:12.6
the urgency and importance.
04:14.6
So, pag nalatagan natin ano yung
04:16.6
short-term and long-term financial goals,
04:18.6
ay, nako, ito na.
04:20.6
Pag uusapan natin ng ating mga pamilya,
04:22.6
alin dyan ang dapat
04:24.6
nating unahin, at alin dyan
04:26.6
yung pinaka-urgent.
04:28.6
And then, magkakaroon na tayo
04:30.6
ng timeline in achieving
04:36.6
So, evaluating our current savings and
04:38.6
investments. So, i-assess natin
04:40.6
ang ating savings and
04:42.6
investment accounts.
04:46.6
So, kailangan natin makita talaga dyan
04:48.6
kung ano ba yung mga savings and investment accounts
04:52.6
Sir, isipin-isip ko dito sa savings and
04:54.6
investments. Paano kung kunyari
04:58.6
pa lamang? Tapos,
05:00.6
wala pa siyang masyadong savings.
05:02.6
Wala talaga. Tapos, expenses na kumisan
05:04.6
lumalabas pa sa income yan.
05:06.6
So, paano ba yung makisimula?
05:08.6
Actually, wala talaga
05:10.6
ibang paraan kung paano magsimula dyan.
05:12.6
Wala naman po akong magic wand
05:14.6
para mag-i-grant ang inyong
05:16.6
wish na magkaroon ng savings and investment
05:18.6
accounts agad, no?
05:20.6
Ang kailangan talaga natin gawin ay mag-pusa
05:22.6
at mag-start kahit maliit
05:24.6
na amount lang yan, ay
05:26.6
kumpisahan natin. Kasi, mas okay po
05:28.6
na mayroon tayong savings
05:32.6
So, yan. At ang nangita ko talaga dito, sir Eli,
05:34.6
mas maganda na ginagawa natin
05:36.6
siyang automatic, eh, kaysa sa
05:38.6
pinag-de-decisionan mo
05:42.6
diba? Ako, ginawa ko yan
05:44.6
sa safety sa kumpanya.
05:46.6
Kasi, alam mo, yung mga staff, kung nabigay yung
05:48.6
pera sa kanila, ay, naku, no,
05:50.6
karay isipin nilang mag-ipon, diba?
05:52.6
So, ang ginagawa natin yung habit
05:54.6
na instead na dumaan pa
05:56.6
sa'yo, automatic deduction.
05:58.6
Yes. At inihingi naman yung
06:00.6
consent mo, diba? Na
06:02.6
kumapayag ka ba na
06:04.6
kalatasan ka ng ganitong savings agad, no,
06:06.6
kada 1. So, gumawa din
06:08.6
kayo ng mga sistema, gano'n, no?
06:10.6
Tapos, in-review natin yung ating
06:12.6
investment performance
06:14.6
and risk tolerance for this. Pero,
06:16.6
for me talaga, it's not about the risk
06:18.6
tolerance, eh. Ang tinignan mo talaga ay yung
06:20.6
life goals mo, kung fit ba doon yung
06:24.6
product, no? And then, tinignan
06:26.6
natin ano yung areas for improvement
06:28.6
or kung pa paano natin dito
06:32.6
And then, we will now assess the
06:34.6
insurance coverage for ourselves, for our
06:36.6
children, and our parents. So, tinignan
06:38.6
natin ano ba yung mga existing life
06:40.6
and health policies
06:42.6
natin, no? So, like, for
06:44.6
you, Sir Ed, meron ka bang
06:46.6
yung life insurance?
06:48.6
Yes, Sir Vince. So, actually,
06:50.6
para sa'yo, diba? Although
06:52.6
partners, pero actually
06:54.6
yung mga kahihwala yung ating policies
06:56.6
ng life policy. At syempre,
06:58.6
meron tayong health policy, lalo na
07:00.6
ating healthcare.
07:02.6
So, yun. So, kami,
07:04.6
wala naman kaming mga dependents,
07:06.6
pero dahil meron kaming mga business
07:08.6
stakes, no? At may liabilities
07:10.6
to it, kaya kami may life
07:12.6
insurance. Pero, all else
07:14.6
being equal, wala sana kaming liabilities,
07:16.6
kahit okay lang na walang
07:18.6
life insurance, okay? Mas importante
07:20.6
po yung ating health insurance,
07:22.6
okay? And then, we want to ensure
07:24.6
adequate coverage for
07:26.6
our family members.
07:28.6
At sino yung uunahin
07:30.6
natin na lalagyan ng
07:32.6
life and health insurance
07:36.6
matitignan natin dito ay
07:38.6
ang breadwinner. So,
07:40.6
yung sandwich generation,
07:44.6
ang mauna na mayroong
07:46.6
life insurance at saka
07:48.6
health insurance. Bakit? Pero counterintuitive,
07:52.6
Bakit yun yung uunahin natin?
07:56.6
breadwinner. At kapag
07:58.6
sila ay extreme case
08:00.6
na matay o nawala talaga,
08:02.6
then mayroong income replacement
08:04.6
doon sa mawawalang income
08:06.6
dahil nawala yung breadwinner.
08:08.6
So, yung mga beneficiaries na may iwan,
08:10.6
yung mga dependents, ay kaya pa rin
08:12.6
nilang maguhay kahit wala na yung
08:14.6
breadwinner, okay?
08:16.6
So, yan. And then, we want to explore
08:18.6
additional insurance options
08:26.6
So, are you financially secure?
08:28.6
Ito po yung mga ano natin, ano?
08:30.6
Yung mga bumoto sa atin.
08:32.6
Are you financially secure for
08:36.6
5% service at sabi na, yes,
08:38.6
may sapat akong pera pag buhay
08:40.6
until kamatay ang mouth sa noon.
08:42.6
Diba? Ganon. Tapos,
08:44.6
9%, yes, I have enough funds
08:48.6
This is really good already.
08:54.6
on the way na, is still growing
08:56.6
financially, which is still
08:58.6
really good. And then,
09:00.6
25% na nagsasabi na
09:02.6
kaka-umpisa o mag-umpisa
09:04.6
pa lang ako, which is still
09:10.6
mahirap ako. So, we hope
09:12.6
for the best, no, those
09:14.6
90%. At sana, magkapagsimula
09:16.6
na rin sila toward financial
09:18.6
security and stability.
09:20.6
Handa ka na bang lumevel up sa savings mo?
09:24.6
social community and get started to be
09:26.6
a social investor today!
09:28.6
Step 1. Umatend ng self-paced
09:30.6
online pre-membership education
09:32.6
seminar. Mag-sign up sa
09:34.6
bit.ly slash sedpico
09:38.6
Step 2. I-deposit
09:40.6
ang iyong initial share capital,
09:42.6
membership fee, at joint venture savings
09:44.6
sa GCash, BDO Online Banking,
09:46.6
BPI Online Banking,
09:48.6
Maya, EasyPay, or Direct Bank
09:50.6
Deposit. Daming options,
09:52.6
diba? Sundin ang simple
09:54.6
instructions sa bit.ly slash
09:56.6
sedpipay para makapagsimula.
10:00.6
in sa iyong SEDP SRI online
10:02.6
account at ipaalam ang inyong
10:04.6
deposit. Go to bit.ly
10:06.6
slash sedp online SRI
10:10.6
bahala sa'yo. Ano pang inihintay mo?
10:12.6
Sali na sa SEDPICA SOSYO ngayon
10:14.6
and let's start building a brighter
10:16.6
financial future together!
