Category Archives: Financial Mentor

How to access your Sun Life Online account (Mobile App)

Do you still wonder how much money did you already put into your Sun Life account? Here’s the step by step guide on how to access it online.

Type Sunlife.com.ph to your browser and look for the Sun Link online at the lower portion of your screen.

 

You will automatically routed the sunlife.com.ph mobile. Scroll down.

If you don’t have any existing account yet. Click “create a my sun life account”

 

Register your details then click register now.

 

If you were able to register back then but forget your password. Put your email add and date of birth. Then check your email address for the link.

 

 

 

Since you were able to reset your password. Look for the email alert from Sun Life. Click the link and put your new password again.

 

Search for the sun life ph in your playstore or appstore to get an access to your account thru your mobile phone

 

Once you were able to download the app, you can immediately get access to your account.

 

You can also double check the nearest Sun Life Offices at your location.

You need to set up your own password for safety and security.

 

Loading details.

 

You can see a couple of things especially the amount that you put already in the account.

 

You can also see the current fund value that we have.

 

You can also file a claim and update your contact information.

If there are any new notifications, you will be able to see it too.

There are certain things that you can explore in this app.

FAQ’s

 

How can you make the payment is also available here.

 

Net asset value per share

 

Different affiliated bank accounts with Sun Life where you can send your funds.

 

David Isaiah Angway is a Registered Financial Planner, Chartered Wealth Advisor and a financial consultant for IT-BPO-Banking, HealthCare Industry and Manpower Agencies. He is a conference speaker and was featured multiple times in ABS-CBN News Channel show called On the money, Bloomberg TV Philippines First Up. He also writes for BusinessMirror, Rappler.com, and MoneySense magazine. He is a licensed nurse and a former Senior Fraud Specialist of the largest bank in the world, JP Morgan Chase & Co. He is the CEO and founder of WinLongTerm Financial Consultancy, that helps organizations retain their top key employees such young urban and educated millennial (Gen Y). It sets and achieves their long-term financial goals by empowering them through behavioral finance.

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6 amazing things I learned financially from SUPERBOWL LI (51)

Today, we witnessed another sports event that reminded us that everything is possible. New England Patriots and Atlanta Falcons had a really excellent duel in this Super Bowl LI. This sports event is such a big thing in the United States but in the country we are just wondering how this kind of sport really works. I’d like to share my observation within the game and how you can use it to change your finances this year.

Never give up – The score was totally not good at all for the New England Patriots, they need to make a stop, so they can score. For the last 2 quarters, everything is working against them. With the score of 3 (NEP) in favor of  28 (AF) and a limited time,  Tom Brady must create a really good play. Knowing that everything is not working, they decided that every possession counts, no turnover. Same thing goes with your finances; you’re running out of gas already, your money is getting thinner. Your emergency funds are no longer good. Never give up and be more creative. Be an entrepreneur and you’ll see money will flow again.

 

 

Make History– We have seen a historic comeback and they won the Vince Lombardi trophy, but remember it was such a bad start for the New England Patriots, but they compete and started embodying their roles. Soon, they were able to make another score until they tied the game. That moment, it already gave them advantage. The teams never waste it and their championship game will be put to the NFL history books. Your finances may look like ugly, but it’s not your destiny to settle for less. You should settle for more.

Beat your old record – Tom Brady was able to make some great comebacks in his career, that’s when he overcame a 24 point lead deficit from the previous Super Bowl.  Right now, he made every fans and sports analyst so proud of what he achieved. It’s overwhelming but your old assets must go up and not go down. Your liabilities must go down. You also need to bank on your Financial I.Q so you can grow your existing assets that you have.

FOXBORO, MA – SEPTEMBER 21: Tom Brady #12 of the New England Patriots and teammates run onto the field before a game against the Oakland Raiders at Gillette Stadium on September 21, 2014 in Foxboro, Massachusetts. (Photo by Jim Rogash/Getty Images)

Be in sync with the team – The greatest quarterback stated that “he’s so proud with what the team achieved”, that’s a powerful reminder that he’s with them for the last 60 minutes of the game and beyond. If you have financial counselors, talk to them, if none, you won’t achieve a lot. You may experience the brink of disaster. Speak to those who are self made and you’ll be inspire to emulate their good traits and avoid possible traps.

Do your Job – Coach Bellichik who won the 5 Vince Lombardi Trophy said to his team to do their job. You know what that signifies, that’s trusting your teammates, the system, your gut feeling. Your job is to change the course of your family tree and help them uplift their situation. It’s not enough that you earned a lot but your ability to pass it on to the next generation.

 

Feb 5, 2017; Houston, TX, USA; Lady Gaga performs during the halftime show during Super Bowl LI at NRG Stadium. Mandatory Credit: Kevin Jairaj-USA TODAY Sport

Set the bar – Have you seen Lady Gaga’s performance at the Super Bowl Halftime show, astounding! In your finances, change is inevitable, but your mentality should be quite different from the last 4-5 years ago. Start changing your habits and be the leader in your family in terms of finances.

 

David Isaiah Angway is a Registered Financial Planner, Chartered Wealth Advisor and a financial consultant for IT-BPO-Banking, HealthCare Industry and Manpower Agencies. He is a conference speaker and was featured multiple times in ABS-CBN News Channel show called On the money, Bloomberg TV Philippines First Up, Morning show of NET 25 called Pambansang Almusal, Eagle Broadcasting Company EagleNewsPh Facebook Live and different radio stations in Metro Manila. He also writes for BusinessMirror, Rappler.com, and MoneySense magazine. He’s also part of the most respected agency in the Philippines. Sun Life Philippines. 

He is the CEO and founder of WinLongTerm Financial Consultancy, that help organizations retain their top key employees such young urban and educated millennial (Gen Y) by teaching practical money management in the workplace. You can contact him thru his website winlongterm.com and his Facebook Page @WinLongTerm for more informative ways how to grow your money and secure your family.

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WHY do I need financial planning

 

As a young professional today, you would like to change the status of your finances but you don’t know how. You have million thoughts on how to let your finances be revived again this year but you think it will be better to start next year. If you don’t have any idea where to start, I challenge you to do the something today or else you won’t improve. I am guaranteeing you that once you follow this program, give yourself an average of  10-15 years and am sure you will be able to reach the wealth that you need. It is not a quick rich scheme so you won’t be a scam. 
Knowing is half of the battle. Do this routinely and you will understand more of your behavior towards your finances. You should plan and don’t think average. Get a piece of paper or download a worksheet that has the following then compile and evaluate it weekly.

Start with why you are doing this?

If you can’t tell me your compelling reason then you can’t sustain everything below. Imagine yourself that you are going to have a diet plan for the next 30 days but during the 2nd day you don’t have the energy and willingness to follow the most powerful plan, like why you need to deprive yourself with your favorite food. Everything will fall apart, you are wasting your time, effort and energy with the planning stage if that won’t be put into action. Your compelling reason why you need to do that should not be yourself. Remember when you think about yourself as the end goal, you are thinking too small. You don’t want to think average like anybody. Poor people think about themselves all the time. Authentic Rich individuals think about opportunities how to help other people and that’s who you are and how you should be wired. 

When you start with Why, the How and what will follow.

Example of BIG WHY
·         To make sure I can be financially free and pass this legacy to my family.
·         To be an excellent steward when it comes to finances.
·         To support nonprofit organization and help campus missionaries.

1.       Budget   

This is the starting point of financial planning. You will fail with investing when you don’t know where your money goes. That means you will be running out of gas in the middle of a freeway if you don’t check your gas tank first. But I got good news for you. There is hope. Knowing how much you got so you can maximize what you have is the goal of continuous budgeting. Doing your budget for the first time might overwhelm you because there are so many things you need to include in a minimum amount. Remember that taking actions to your plan will solve the current and future financial issues that you will have. When you’re lazy to do your budget you won’t be able to finish the construction of your dream house. Managing your funds is a skill needs to polish.

2.     Emergency fund

Whenever I got my salary I put that directly into my emergency funds. The rule is simple if your needs expense per month is 10,000 then multiple it by 6. This is a very simple principle. Save for the storms of life (illness, accident, change tires or when you lose your job). Learn to prioritize this.  Do this early as possible so you can move to the next level which saving for your wants. Caution: don’t ever use credit card as emergency funds and you will dig your own graveyard (bankruptcy). 

3.       Saving goals

You need to at least give yourself  3 compelling reasons why you are saving funds or else you won’t stand a chance when laziness  struck you every time you got your salary.  Your goal is to learn during the journey, this is not about the end destination. When you focus in excellence, sacrifice and faith things will start change. Behavior will follow. Chances are you will hit your goal in a repetitive manner. Savings are for your extra needs and wants. Put 20% in the bank when you immediately get your income make sure that you already got emergency funds first. 

4.       Debt plan
Please don’t ever go to investment without paying your debt first which earns a higher interest rate. Your debt plan should include how much you need to pay for every single cent and when you will be debt free. The plan is you need to stick to it no matter what happened.  When you put it in paper you can see the big picture.  The reason why you don’t want to be debt free is very simple; you think everyone is in debt so you think you are in the zone.  Live like no one else so you can live like no one elsesays Dave Ramsey. Debt snowball is a really good strategy, you pay the debts that you can eradicate first and as you get the momentum it will be very hard for you to break it.

5.       Estate plan
You are accumulating a lot of assets now and your investment is off the chart. Estate planning is not only for the rich kids, it is for everyone that you love. Your legacy to your family is important even when you depart; no one will plan for your family so take responsibility for yourself. Be selfless and take time to check your current assets over liabilities. Remember that you don’t want to add up to the inconvenience of your family members once you evaporate from this world.   

6.       Insurance coverage

You are priceless but you need to identify how much you bring on a table. If you were able to identify that you are worth  7 million then get that coverage as long as the computation is correct. There is computation from the insurance industry like multiply your yearly gross income to 10. The computation might not be as accurate as the standard computation of today’s industry but it gave you a ballpark figure. What’s important is to get an insurance that is equivalent to you. You badly need this or else when something unexpectedly happen to you insurance company will help you and won’t let your family suffers.  If you got kids and wife but you are refusing to have insurance, you are putting too much risk financially and emotional aspects in their lives.  No one would like to see those things to happen. Be responsible.

7.       Investment

Everyone wants to get into this but many are being scammed because of poor diligence. Be careful all the time. First, list those things why you are investing,  second, you need to identify whether you got time, money and knowledge to identify the investments that you want then your risk tolerance should be define. Investing is a word that’s not just about higher ROI.  Are you an aggressive type or a conservative one? Regardless of your answer there’s no right or wrong. The purpose will give you the drive, without it you won’t last. Third, List the things that you are investing you want to achieve like education for your kids, retirement or build your dream house. Know the amount that you will be satisfied and consider to be happy.

8. Read Books, Attend seminars, join a Face book group and find a coach.

Never underestimate the value of networking and community. You should declare war against poverty, procrastination and poor mentality. Reading books will give you thought provoking ideas. Attending financial seminars like IMG conventions in Makati, Truly Rich Club, and Money summit every year can increase your network and expand your horizons. Joining Face book group will give you an all access pass with like minded people; you are welcome in contributing your thoughts. You can easily follow mentors who are expert in the financial industry that will make you more accountable with the results you are getting. All in all fresh and updated insights will give you new perspective to make you successful with no boundaries. You should revolutionize your thinking so acting upon it won’t be a struggle.

Your unique plan is totally not identical with anyone so don’t copy someone’s financial plan or strategy. How you manage your finances while you are working is a glimpse of your future financial plan during retirement. You can change your tomorrow today. With the help of our God who holds the future and your willingness to make sacrifice you are surely going to win long term.

Pictures courtesy of hubspot, the dollar business, learnvest, shutter stock, carmen marquez, imoney, img, go banking rates


David Isaiah Angway is a Financial Evangelist

 

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Filed under Finance Advocate, Financial Advice, Financial Change, Financial Coach, Financial Evangelist, Financial Investor, Financial Mentor, Financial Planning, Insurance Money Goals