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Helping Filipinos get out of debt through money coaching and money mindset programs. Smart Practical Chinay Tips everyday.
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Updates and Relevant News in the Philippines with focus in Personal Finance, Business and Money. Motivational and Helpful Posts to Keep us Positive about Life. Personal stories, experiences, money lessons and things I consider as rich treasures from my website: www.jenniferletran.com.

08/04/2024

When you don't have anything to pay, you can find a job you really love and you are not tied for a job just to pay debts.

02/02/2022

It’s satisfying and easy enough to be patient.

To those who bought more ABS CBN shares, CONGRATULATIONS!

10% UP by today!

13/12/2021

To assist you in building up your portfolio or investment decisions, please do send us a chat.

09/12/2021

Stop all but essential spending on your credit card. Try and get by without your credit card and use cash wherever possible while you work on your plan. You could even set yourself a challenge not to spend any money for a week!
It sounds basic, but start by listing how many cards you have and what you’re paying for them in interest.
If you have more than one card, start chipping away at the low-hanging fruit. Consider paying the card with the highest interest rate off first or if the rates are similar, work on clearing the smallest debt.
If you can’t pay a card off in full, see if you can pay more than the minimum each month to reduce your balance more quickly and save on interest. It could be worth setting up a direct debit on your payday to pay a fixed amount.
Once you’ve paid off a card, close the account and work towards having a single card to help make your finances easier to manage.
If you feel that your interest rate is too high, you could consider transferring any remaining balance to a card with a lower interest rate or rolling the debt into an existing personal loan or mortgage, these tend to have lower interest and fees. Many providers offer great rates to consolidate, but make sure you pay the card off during any honeymoon period with the new provider so that you don’t start accruing interest. Check the fine print - what interest rate will you pay after any promotional period ends? You don’t want to just kick the can down the road.
If all else fails, don’t be afraid to ask for help from your credit provider. There may be a way you can work out a spending plan that takes into account your financial circumstances.

29/11/2021

Look at any great leader or entrepreneur and they will all mostly say, to achieve any success, always starts with a good plan or idea, personal discipline and preparation to get to the goal.

Happy Investing Everyone!
If you need us to manage your portfolio, get in touch. ☺

26/11/2021

𝗗𝗼𝗻'𝘁 𝗯𝗲 𝗼𝗻 𝘁𝗵𝗲 𝗼𝘁𝗵𝗲𝗿 𝘀𝗶𝗱𝗲 𝗼𝗳 𝗲𝗾𝘂𝗮𝘁𝗶𝗼𝗻, 𝘁𝗵𝗮𝘁'𝘀 𝗮𝗹𝘄𝗮𝘆𝘀 𝗯𝗲𝗵𝗶𝗻𝗱 𝗹𝗶𝗳𝗲.
Here's a reminder for everyone:
If you want to go ahead with your financial life, you have to avoid getting into more debts that you can no longer pay in full or compensate.
Listen, I know people who borrow money for the sake of their business. These people know what they are doing. For them, debt is necessary to serve their clients better and to learn more. Their mentality is debt is fine because I am using it to create value and if I continuously create value and serve people, my debts would be paid. You see, these people look at their debt not as an enemy to avoid but as an opportunity to grow.
However, there are people on the other side of the equation who looked at debt the other way and this is what I am talking about here.
People believe that debts are an extension of their finances and when they can no longer pay it out, they looked at it as an enemy. If the debt was a person, it might have felt betrayed all the time. If debt could speak it would say: I was here to help and now that it's payback, you no longer remember me?
You see, when you borrow from your credit card, you are robbing yourselves of up to 18-20% of your income.
If you bought something for $2500.00 and you were to pay only 2% of your total balance due every month, it would take 333 months to pay off your debt. In other words, it would require almost 28 years to pay off a $2,500 liability.
28 YEARS of your life just paying off a $2500 liability because you chose to pay the MINIMUM!
Your true cost for the item you bought of $2500.00 would end up being $8,396.48.
I know I am exaggerating a bit but this is the TRUTH. You seldom try and check what the numbers in your credit card bill tell you but those numbers do not lie.
When you are in a sea of debt, you will always be behind your life.
Because you are paying off something from the past instead of starting to live in the present.
Your mind is always bothered. You are always anxious.
These are the reasons why getting out of debt is hard because when you FEEL this way about your debt, it will be really hard for you to accept it and recognise it not as the worst of it but simply as a number.
Why I am telling this to you? Simply because I want to help you.
I want to help you recognise that paying dollars for yourself is so much better than paying your debts.
I want to help you understand that there is a way to get AHEAD of your life.
There is a way to LOOK at your DEBT differently so you do not feel judging it and cursing it every time you see it.
There is a way to co-exist with your debt in a friendly way, one of which that would allow you to recognise it as a number that you can pay and not as a number that defines your worth.
Let us start taking back 18-20% of your income because you deserve it.
And if you want someone to help you transform your mindset on how you see your DEBT so you can get out of it for GOOD, just reach out.
I am here for people who finally want to GET out of this cycle for good.
🏆𝗬𝗼𝘂𝗿 𝗠𝗶𝗻𝗱𝘀𝗲𝘁 𝗶𝘀 𝗘𝘃𝗲𝗿𝘆𝘁𝗵𝗶𝗻𝗴🏆

26/11/2021

Investments, retirement, savings and cash flow. These are the financial issues that keep everybody awake at night. How are you doing with your investments lately? For our clients, they still make money even when the market is down.

If you need us to manage your portfolio, get in touch. ☺

24/11/2021

Financial stress keeping you awake at night?

It seems that financial stress is keeping every generation up at night, albeit for different reasons. According to the Financial Fitness Whitepaper, almost 57% of Filipinos are worried about their current financial situation and 85% say it impacts their wellbeing.

20/11/2021

𝗪𝗵𝗮𝘁 𝗶𝗳 𝘆𝗼𝘂 𝗻𝗼 𝗹𝗼𝗻𝗴𝗲𝗿 𝗵𝗮𝘃𝗲 𝗮𝗻𝘆 𝗱𝗲𝗯𝘁𝘀?
I bet this is what it feels like when you no longer have to think about another credit card bill or mortgage to pay:
-Joyful
-Stress-Free
-At Peace
-Liberated
-Relieved
This is what it feels like when you can finally use your total income or salary for things that do "matter" instead of just paying it out again to yet another bill.
I know you might think: It is impossible; I can never get out of this; The cost of living is going up; I never had any promotion; I have kids; No one helps me; Interest rate is too high; I am hopeless; I will just accept this as my new normal etcetera.
These reasons are the same reasons that your brain has been telling you that is why you can never get out of these debts. Somehow, your brain had "thought" that your debt is normal and safe and was not able to kill you.
Unfortunately, we know that these beliefs or thoughts you have that you are hopeless are actually not true.
Because the truth is: It is possible to get out of debts. It is possible to have kids and still get out of debt. It is possible not to get promoted and still be debt-free. It is possible that even if the cost of living is high, you can still get out of debt.
You see, you cannot use "the same belief" that lets you stay in your debt to get out of the same debt.
We have to do internal work on our mindset so we can have new beliefs and finally be able to get out of this for good.
Maybe no one told you about this but I have helped my clients get out of debt for good. The work I do with my clients helps them to really understand what is happening within.
Through our work together, they get to realize what is really the "culprit" behind their results of being okay with a lot of debts even if deep inside, they want to be able to be liberated from this.
I want you to know that there is a way to get out of this. I have seen a lot of people become debt-free. There's a lot of evidence to show you it is possible but you need someone to help you reinforce this and your new beliefs.
Let me help and guide you to this. Let me help you believe what is possible for you and let me help you understand that the resources you need to get out of your debt are already within your reach.
You do not need to stay in this situation forever. We are not made to suffer from debt. We are made to be abundant and bless others. And I believe you can be that person to bless others as well.
If you are ready, reach out. I am just here. And hopefully, we can celebrate like this once you are debt-free. That would be really really good. 💖🥰💖
🏆𝗬𝗼𝘂𝗿 𝗠𝗶𝗻𝗱𝘀𝗲𝘁 𝗶𝘀 𝗘𝘃𝗲𝗿𝘆𝘁𝗵𝗶𝗻𝗴🏆

P.S. We offer 1:1 money coaching where we get to the root of your financial problem. Money is 80% Psychology and this is where I help you. Book a free financial consult (check my first comment) once you are ready to work with me and let us work together to change the roots and transform your financial life.

17/11/2021

Defining wealth is a crucial part of the wealth building process. Otherwise, being richer would automatically mean being happier! A generally accepted definition of wealth is ‘subjective well-being’ - a long term contentment with the way my life is going. But because it’s something we feel inside, it’s going to be different for every one of us. It needs to be articulated before it can be measured. Only then can we start a meaningful planning process to achieve our own feeling of being wealthy.

Contact us if you’re serious about planning your own "subjective well-being."

14/11/2021

⭐𝗕𝗲𝗰𝗼𝗺𝗶𝗻𝗴 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹𝗹𝘆 𝘄𝗲𝗹𝗹-𝗼𝗳𝗳 𝗶𝘀 𝗻𝗼𝘁 𝗮 𝗺𝗮𝘁𝘁𝗲𝗿 𝗼𝗳 𝗲𝗮𝗿𝗻𝗶𝗻𝗴 𝗺𝗼𝗿𝗲. 𝗕𝘂𝘁 𝗼𝗳 𝗯𝗲𝘁𝘁𝗲𝗿 𝗺𝗮𝗻𝗮𝗴𝗶𝗻𝗴 𝘄𝗵𝗮𝘁 𝘄𝗲 𝗲𝗮𝗿𝗻 𝗻𝗼𝘄 𝗮𝗻𝗱 𝗼𝘂𝗿 𝗺𝗶𝗻𝗱𝘀𝗲𝘁.⭐

Here is the thing. High-income earners don't "always" have 💵 to burn.
In fact, a lot of doctors, accountants, IT professionals, managers, and even financial planners or advisers are having great troubles making ends meet or saving for emergency funds.
In an article in Money Mag Australia, it is said that the saving ratio has fallen to 3.2%. Meaning for every $100 we pocket after tax, we're saving just $3.20!
The rest of the world is also the same.
This goes to say that even if a lot of people are earning "more" they are also spending their cash without thinking about the future.
So what's the point? You have to be able to manage whatever it is that you have "NOW." Because being financially well off is not about what you earn but how you MANAGE your money.
And by managing it doesn't mean "watching your money drift away," it means "actively" and consciously knowing where it's going.
Managing your money means choosing to do something about your money when it comes in and knowing what to do with it.
Managing your money is not just also simply saving it or using it. People who manage their money well are also managing their mindset on what to do with it and how to use it.
Because here is the truth: Even if you earn a 6-digit figure, if you do not know how to receive it and manage it and have the right "thoughts" about it, it will move away from you.
True or true?
Are you managing your finances well? Do you need help now? Do you want me to help you? Reach out to me and send me a message!

🏆𝗬𝗼𝘂𝗿 𝗠𝗶𝗻𝗱𝘀𝗲𝘁 𝗶𝘀 𝗘𝘃𝗲𝗿𝘆𝘁𝗵𝗶𝗻𝗴🏆

14/11/2021

Like and share if you agree! 💖🥰

P.S.
Visit www.jenniferletran.com where I help you transform your money relationship through 1:1 coaching. With money mindset coaching, I help you get into the root of your money habits and behaviours so you can move forward from financial rut to financial peace and freedom.

11/11/2021

BER months are always a perfect time to start anew. We are out of hibernation, have more energy, the weather is warming up, the days are becoming longer - why not start some new, invigorated habits that feed and nourish your life.

08/11/2021

Knowing you have all these practical tools to carry you forward is fantastic, but if you don’t know how to choose your direction they are pretty ineffective. Having a plan and working towards your goals is a good way to empower yourself. If you need us to manage your portfolio, get in touch. ☺

04/11/2021

The significance of perception: Our happiness depends on how our reality reflects our expectations. We can intentionally design our expectations, therefore we can design our happiness. But if happiness is determined by expectations, then the two pillars of our society - mass media and advertising industry are slowly but surely depleting the world’s reservoir of contentment. The trick is to be clear on our deep personal values and stop worrying about what others do. When was the last time you worked on your values?

27/10/2021

Nothing in nature grows without first being planted, and then, watered. The same is true of creating the life you want.

27/10/2021

Life isn’t a science, but it’s based on some similar principles: curiosity, a desire for improvement, and a humility towards finding the truth. The search - can lead you to new improved and ultimately better life experiences.

27/10/2021

ARE WE WINNING TODAY?

I hope everyone is making money in the down market?
Are your strategy working during downturns?

If you need us to manage your portfolio, get in touch. ☺

26/10/2021

I hope everyone is enthusiastic in good times, but also vigilant when the stock market goes bad.

Knowledge is free. Attention is expensive.
Mastering your mind and ‘why’ you actually want success is the motivation behind the result and the rest follows.

Our strategy has made our clients' portfolios vigilant and overperforming in good times but moreso in down times.

If you need us to manage your portfolio, get in touch. ☺

21/10/2021

Find time to let your imagination and passions flow. Ignite dreams with a positive plan that you can get excited about making a reality.

20/10/2021

How to stay active in isolation...

Staying home has been a major lifestyle change for most of us, and keeping active can be a challenge. Although it may be hard to stay motivated it’s more important to stay healthy now more than ever.

We spoke to Danielle Frasca, a personal trainer from Sydney, to get her advice on how to stay active in isolation.

🏃Why is it important to stay active through isolation?
“As well as the many health benefits of exercising and staying active (for instance helping to strengthen your immune system), exercising daily can be a great stress reliever for anyone experiencing stress and anxiety at this difficult time.”

🏃 How can you make the most of the time you’re allowed to exercise outside?
“While gym equipment in public parks has been shut off for public safety, you can still get outside for a run, walk or cycle. I’d suggest doing your cardio work outside, for 20 minutes to an hour, and then you can do your resistance work at home.”

🏃 What kind of exercise can you do at home?
“The main difference when exercising at home is the amount of resistance available. Resistance is important for progressive overland - to make your body work harder - and without gym equipment we don’t necessarily have that.”
“But there are other ways to introduce overload. Bodyweight exercises like squats, lunges, push ups, chin ups etc. are great, and they can be regressed or progressed. For example, use a bench to try incline and decline push ups. I’ve been posting home exercise techniques on my Instagram, if you need some ideas.”
“It’s also a good time to work on eccentric and isometric training. Eccentric training focuses on slowing down the movement, for example, taking 10 seconds to get down to a squat before standing up. Isometric training focuses on holding movements for longer, for example, holding a lunge position for 30 seconds. These techniques are hard - and can be done without resistance.”

🏃 How can you stay motivated to exercise at home?
“My tips would be:
1. Set yourself isolation goals. You might have a rep goal for push ups or chin ups, and if you’re doing them every day, you should see improvement quite quickly.
2. Bring in digital elements. You can try online personal training, or online group classes, or you could FaceTime your regular training partner.
3. Make it a priority. A lot of people used to make the excuse, ‘if I had more time I’d train’… well, now you have, so make the most of it!

17/10/2021

How to stay positive through a crisis...

There’s a lot going on that we can’t control in the current environment, but one thing we can all do is work on
keeping a positive outlook. It’s important during difficult times to protect yourself and prioritise your wellness.

1. Staying connected
Social connections play a huge role in our wellbeing, and maintaining them while you’re in isolation is a challenge, but they can make a real difference. Find a form of communication that works best for you. It might be a daily phone call with a loved one, or a videocall over your morning coffee, or sharing photos with your family or friends.

2. Staying active
Your usual exercise routine might not be possible at the moment, but staying active is important for your physical and mental wellbeing, and most people experience a short term lift in mood afterards. You could use your usual commute time to go for a walk, run or cycle, or dance around the house with the kids.

3. Staying in touch with your feelings
In times of high pressure, it’s worth paying closer attention than normal to your own feelings. It might feel unnatural at first, but you could try a self-check exercise where you rate your feelings from 1-10 on how you’re handling your situation. This can indicate how much action you need to take to protect yourself.
Remember that feelings of anxiety are a totally normal and expected response to this situation. Take the time to acknowledge your feelings, and find out what works for you.

17/10/2021

Financial stress keeping you awake at night?

It seems that financial stress is keeping every generation up at night, albeit for different reasons. How are you doing with your trading in the stock market? Are you making your investment grow or are you taking a gamble like in the casino?

If you need us to manage your portfolio, get in touch. ☺

14/10/2021

In the past 2 years massive change has been imposed on us all at a global level, but our survival is in how we approach change.

We can never improve our lives, create a life balance, achieve happiness or gain a competitive advantage if we’re not open to new ideas and not prepared to do something different.

Something has changed in everyone’s life. How are you coping with that change?
Need some help and a fresh perspective?

If you need us to manage your portfolio, get in touch. ☺

12/10/2021

Take the time to stop and be still. Ask yourself, "What am I going to do today?"

11/10/2021

Are you looking for your big break? Often we think the grass is greener somewhere else. Perhaps something you already have, know and are good at is your next opportunity?

Remain flexible and open to the opportunities.

If you need us to manage your portfolio, get in touch. ☺

08/10/2021

Don’t fear the Stock Market.

The stock markets have a lot to offer. If you wanted to get rich, the lower the price you pay for the stocks now, the higher your
future returns will be. Conversely, the highest returns are obtained by shouldering prudent risk when things look the bleakest, a theme we here in JBCapital have embraced.

If you want to your portfolio to increase ten-fold, buy a diversified portfolio of stocks oand avoid buy and sell actively, avoid technical analysis, and just be patient and wait.

Remember, No Guts, No Glory!
If you need us to manage your portfolio, get in touch. ☺

07/10/2021

Happy Friday! Happy Investing!

07/10/2021

“The stock market is a device to transfer money from the impatient to the patient.” — Warren Buffett

A wish is just a wish, but a goal with clear and guided direction can be life changing. We have been outperforming the market and the general public investors with our portfolio strategies.

We don't actively trade, we only invest in stocks for the long-term that will provide gains and increase our clients' wealth.

If you need some help getting your stock trading portfolio strategies, get in touch.

06/10/2021

Keep that rule in mind... Each move you make to maximise the gap between what you earn and what you spend will put you in a better place in your life. ✔️

Address

Ayala Avenue Corner Makati Avenue 4/F
Manila
1200

Website

http://www.jbcapitalinvestments.com/

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𝗪𝗵𝗮𝘁 𝗶𝗳 𝘆𝗼𝘂 𝗻𝗼 𝗹𝗼𝗻𝗴𝗲𝗿 𝗵𝗮𝘃𝗲 𝗮𝗻𝘆 𝗱𝗲𝗯𝘁𝘀? . I bet this is what it feels like when you no longer have to think about another credit card bill or mortgage to pay: . -Joyful -Stress-Free -At Peace -Liberated -Relieved . This is what it feels like when you can finally use your total income or salary for things that do "matter" instead of just paying it out again to yet another bill. . I know you might think: It is impossible; I can never get out of this; The cost of living is going up; I never had any promotion; I have kids; No one helps me; Interest rate is too high; I am hopeless; I will just accept this as my new normal etcetera. . These reasons are the same reasons that your brain has been telling you that is why you can never get out of these debts. Somehow, your brain had "thought" that your debt is normal and safe and was not able to kill you. . Unfortunately, we know that these beliefs or thoughts you have that you are hopeless are actually not true. . Because the truth is: It is possible to get out of debts. It is possible to have kids and still get out of debt. It is possible not to get promoted and still be debt-free. It is possible that even if the cost of living is high, you can still get out of debt. . You see, you cannot use "the same belief" that lets you stay in your debt to get out of the same debt. . We have to do internal work on our mindset so we can have new beliefs and finally be able to get out of this for good. . Maybe no one told you about this but I have helped my clients get out of debt for good. The work I do with my clients helps them to really understand what is happening within. . Through our work together, they get to realize what is really the "culprit" behind their results of being okay with a lot of debts even if deep inside, they want to be able to be liberated from this. . I want you to know that there is a way to get out of this. I have seen a lot

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