1st Step to

Economic Freedom

CHANGE YOUR MINDSET

Joy S. Salao, CPA

PRAYER
I believe God design me for
greatness to let His glory be
known more
Joy S. Salao, CPA

Leveling of Expectations
What do you think you will learn from the
talk, upon hearing the title?

Objectives
To examine the reality of life in the aspect
of personal finance.
To help participants choose whether to
change or not to change mindset.

PFMC
Mission
To foster financial stewardship to majority of
Filipino families towards financial freedom.

Vision
To be the first, biggest and most impactful
management consultancy in the Philippines.

OSB SCHOLARSHIP
FOUNDATION
Unofficial

MISSION
To produce impactful scholars towards a well
rounded, holistic community: uplifted
economic status, spiritual, mental, emotional
and the like.

Vision
A self-sustaining foundation for deserving and
well rounded students.

Roster of OSB Scholars Alumni

500

Write Down What you want to

be 10 years from now
Lifestyle
1.
2.
3.
4.

House 2M
Car 1M
Ma & Pa PhP2000/month
Send bunso to school

Spiritual
Career

Let us see how we got to do to

reach our dream

Minimum Wage (302*30*.9)

Net Pay Min Wage
Expenses
Transportaion
Apartment
Meals n snacks
Electricity
Water
Load
Grocery
Savings
Goal Amount
# of months
# of years

302*30*0.9
30*31
35*3*31

40*15

8,154.00
(930.00)
(1,500.00)
(3,255.00)
(500)
(300)
(600.00)
(1,000.00)
339.00
3,000,000.00
8849.557522
737.46

Observe the life of professionals

now-a-days
Living paycheck
to paycheck
Wala nagsalig sa
sweldo, sa utang
na.
Cant pay bills on
time

Observe the life of professionals

now-a-days
Rat Race
Kakha Tukha
Income < Expenses
Retire at 60 or 65 yr old
Retirement years are lean
years
Enslaved by Creditors
Wala nagsalig sa sweldo sa
utang na.
Always working for money

WHY
Poor Mindset

Vicious Cycle
Treat Oneself with food and
laag/ spending.
1DM
Procrastinates
Blame others mentality
Lotto/Lucky Mentality
Dont Plan
Do not talk about finances
Think that businessmen are
greedy

WHY - MINDSET
POOR
Ang Mag-antos
Masantos
Money is the root
of all evil.
Do not plan/nor
talk about money.
Kung gaano
kataas ang iyang
pangarap ganun
din ang lagapak

Can we still achieve our

financial goals?
Are our financial
goals impossible?
Are our financial goal
right?
Are we just daydreaming?

Can we still achieve our

financial goals?
So how can the MV
of OSB be realized?
Suntok sa buwan?

Do we have options?
Options

How

Financially Free

Plan

Income > Expenses

10:20:70

Retire Young

Invest

Retirement years are

YEAR OF ABUNDANCE

Buy Asset not Liabilities

Helped by Creditors

Strategize

Has passive income to

depend on.

Study

WEALTHY
Ang Motabang ang masantos
The love of money is the root of all evil.
Plans and talk about money.
Try and try until you succeed.

If you realized how powerful your

thoughts are, you would never think
a negative thought
- Peace Pilgrim

The choice is YOURS

Poor
mindset

Prosperity
& Sharing

Rat Race

Wealthy
mindset

Steps Taken
PLAN WHAT YOU WANT TO BE
Luke 14:28 ESV
For which of you, desiring to build a tower, does not first
sit down and count the cost, whether he has enough to
complete it?

Proverbs says, Plan carefully and you will have

plenty; if you act too quickly, you will never have
enough. (Proverbs 21:5)

STEPS TAKEN
Budget Joseph the dreamer

CHANGE ONES MINDSET

Matthew 25:15
To one he gave five talents, to another two, to
another one, to each according to his ability. Then
he went away.
Ecclesiastes 5:19 says, If God gives a man
wealth and property and lets him enjoy them, he
should be grateful and enjoy what he has worked
for. It is a gift from God

REMEMBER, IF YOU WANT A

DIFFERENT RESULT

Do something
DIFFERENT

YOUR FUTURE IS IN YOUR

HANDS
ASK YOURSELF:

AM I READY TO MAKE SOME CHANGES?

Thank you very much

Let us glorify God.