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Sunday, October 20, 2013

Preparing K's 5th Birthday Celebration

Our little K will be celebrating her 5th birthday on the 29th of this month.  Initially, we planned on celebrating her birthday at McDonalds just like last year.  However, she wanted to celebrate her birthday with her classmates at school.

birthday, birthday tarpaulin, birthday celebration,  Winnie the Pooh theme
K's 5th birthday tarpaulin made by hubby
We have communicated the coordinator for Kindergarten in her school and told her about our plan.  She toured us the Kindergarten place and showed us where we can hold K's birthday party.

Tuesday, October 8, 2013

How To Care For Your Children If You Die

No one wants to contemplate their own death. However, while death may seem like a remote possibility, especially if you’re young, you owe it to your children to make provision for the unthinkable. This isn’t an onerous process, and it will make sure that your children are taken care of properly in the event you meet an untimely demise.

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The first place to start is by making sure that you have an up-to-date will. This will make sure that your wishes are completely clear when it comes to your children, and will also ensure that your property is managed appropriately for them. Making out a will is not difficult – and in fact you can do this by yourself – but it is highly advisable to consult a lawyer, so that the will is ironclad and covers all eventualities.

Next, you need to choose a guardian for your children – who do you want to look after them if you die? Of course, this may be your spouse, but what would happen if both of you were to die together in an accident? In this case, you need to make sure that there is someone else who is prepared to take on the role. This might be your parents, but you need to ask yourself if they have the energy to do this, especially if they’re getting on in years. Another idea here is to choose your best friend or another close relative. Whoever you do decide on, you need to have a serious discussion with them first, and need to get their agreement before naming them as your child’s legal guardian in your will.

Another very good idea is to make arrangements for your funeral in the event that you die. Not only will this ensure that you get the type of funeral that you want, it will also make sure that the cost of this does not come out of insurance money that should be used to look after your children. It also allows you to control the amount of money spent on your funeral, as grieving families often overcompensate by spending too much. Making funeral arrangements in advance is also relatively easy, and can be done by contacting a funeral home such as the American Cremation & Casket Alliance.

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Finally, you need to think about who is going to look after your property until your children are old enough to take charge of it themselves – this person is known as your property manager. You can choose your child’s guardian, but you also have the option of naming someone else in your will to carry out this duty. If you do this, your child’s guardian will still bring up your children, but the property manager will look after your estate on their behalf. It is also important to avoid leaving your assets directly to your children, since if you do this the courts will assign a property manager anyway – and you will have no control over who this is.


Bucket List / Goals

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1. Be able to achieve 6 months equivalent salary for our EMERGENCY FUND.
2. Pay off our housing loan (so that no matter what will happen, our house is safe from foreclosure).
3.  Invest in stock market.
4. Set up our own business (food business, laundry, poultry farm)
5. Put up a rental income like an apartment, boarding house (passive income for retirement).
6. Invest in rice production (so that we do not need to buy rice for our own consumption)
7. Improve our house - (concrete fence, extend the front and back, and have 2nd floor if possible)
8. Pay off R's and my St. Peter Plan amortization.
9. Go to Tinuy-an Falls and Enchanted River
10. Go to Pearl Farm
11. Go to Maragusan
12. Go to Boracay.
13. Travel to Palawan.
14. Travel to Tagaytay. (done: April 30-May 2 2014)

15. Travel to Baguio. (done: May 4-6, 2014)
16.Travel to HongKong Disneyland with lil K and have a side trip in Macau.
17. Travel to Singapore and Malaysia.
18. Travel to Thailand and Cambodia.
19. Travel to Paris.
20. Travel to Italy and Rome.
21. Own a lil car - either a picanto or honda fit will do.
22. Own a DSLR camera.
23. Retire comfortably at 50.
24. Earn at least 100k per year in blogging and online business.

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