โDonโt invest in a lifestyle, invest in a life.โ This is what content creator Dan Yotoko (@ydanyotoko) said when asked about financial advice. And itโs good advice, isnโt it? In this world we live in now, it can be easy to forget whatโs important. How do you discern your wants from your needs?
And thatโs why it was so refreshing to watch this video podcast posted by Sun Life, the longest-standing life insurance company in the country, introducing its Bright Barkadaโa group of young content creators who are paving their way to financial independence through their own hard work, discipline, and a little help from a trusted partner like Sun Life.
The Bright Barkada (L-R): Dan Yotoko, Elize Mariano, John Deseo, Cess Tan, and Migo Austria | Photo: Sun Life
Sun Lifeโs Bright Barkada consists of content creators Dan Yotoko, aka the โActive Runnerโ known for his โreal talkโ videos; Elize Mariano aka โThe Beauty Guruโ who loves to share her passion for beauty and skincare; John โJDโ Deseo aka โThe Entertainerโ known for his celebrity interviews; Cess Tan, aka โThe Fashionista,โ a lifestyle and fashion enthusiast; and Migo Austria, aka โThe Smart One,โ who also posts lifestyle videos and is an aspiring lawyer.
In the video podcast, the group talked about all things finance: how they spend their money, how they save, what their financial goals are, and lessons they learned from past financial mistakes. The Bright Barkada sat together to talk about their experiences, in the hopes of inspiring other young adults and professionals to realize the importance of financial preparedness. After all, financial independence can aid you in achieving your life goals.
Here are some of the best tips we learned about financial preparedness from watching the Bright Barkadaโs video podcast.
Top tips from the Sun Life Bright Barkada
Photo: Sun Life
1. โDo not put all your eggs in one basket.โ -@johndeseo
โThirty percent napupunta sa needs and then 10% napupunta sya sa wants ko, and then 60% napupunta lahat yun sa savings ko talaga. Sobrang strict ko dun.โ This is what entertainment content creator John Deseo (@johndeseo) shared regarding balancing spending for his needs and wants.
He also talked about the importance of investing and diversifying. โAt saka sinabi rin sakin nung financial advisor ko na do not put all your eggs in one basket. Naging broad yung opportunities ko when it comes to saving money.โ
2. โSet your goals and let your goals drive you.โ -@elizemariano
For Elize Mariano (@elizemariano), the emphasis was on saving and setting your goals. She said, โSet your goals and let your goals drive you. Dapat may patutunguhan ka din.โ
3. โSpend your money wisely and have some savings on the side.โ -@cesstan
Cess Tan (@cessdtan), on the other hand, said itโs about keeping track of your assets. She said she likes being able to visualize her liquid assets.ย
She shared this important reminder: โAlways remember that you are working to live, and so, spend your money but spend it wisely and have some savings on the side.โ
4. โAs early as your twenties, you have to start saving.โ -@ydanyotoko
Dan Yotoko (@ydanyotoko) shared that one of his financial goals is to retire young, thus realizing the importance of saving early.
โAs early as your twenties you have to start saving,โ Dan shared in the podcast, saying that he wants to retire by 40. โWhen I say retire, I’m not saying na di na ko magta-trabaho. I don’t work for money, but the money works for me.โ
5. โDonโt let fear stop you; be driven by fear.โ -@migoaustria
And why should you invest now, no matter how young you are? Migo Austria (@migoaustria) had some wise words to share.
โKung gusto mong yumaman, kung gusto mong magretire ng maaga, simulan mo yung investment mo nang maaga rin,โ Migo quipped. โWag ka matakot kasi fear yung nagbibigay satin ng dahilan para pigilan tayo to become great. Diba? So do it scared.โ
He finished off with these words: โDonโt let fear stop you. Be driven by fear.โ
Photo: Sun Life
You wouldnโt think that these young adultsโsome of whom are still studying or are fresh graduatesโwould have so much financial wisdom to share, but this group of content creators is proof that itโs not about age. Perhaps thatโs why they were dubbed the โBright Barkada.โ After all, this is a group of friends who inspire each other to be their best and shine even brighter.ย
You, too, can start your journey towards financial independence, just like the Bright Barkada. Watch Sun Lifeโs video podcast featuring Dan, Elize, John, Cess, and Migo here to learn more about how to make your financial goals come true.
Achieving your life goals is much easier with a trusted partner for life by your side. Talk to a Sun Life Financial Advisor today to get started on your journey towards a more secure and brighter life! Head to this link to get started: sunlife.co/GettingStarted
Sun Life Philippines
Website: www.sunlife.com.ph
Facebook: Sun Life Philippines
Instagram: @sunlifeph
YouTube: SunLifePH
