LO1 : GOALS OF THE BRIDGE MODEL

Each one of us have a goal in our life. That goal comes in many form ad a
different meaning to different people. Safe to say that each goal is unique as to every
person is unique from one another.

Amongst this diversity there will always be a common ground. For us people, we
believe that our common goal in life is to elevate our standard of living. We worked so
hard to achieve something and to travel from point A to point B.

One of the goal of of this model is to bring you from where you are right now into
your financial goals in life. As its tagline says, bridging the gap from what it is to what it
should be.

The ultimate goal of this model is to simply made a markon its reader, listener
and to everyone who knows about it. It aims to teache the person who reads it, listen to
it and knows about it to fish for a lifetime. To simplify complicated things because the
simplier, the easier to underastand and to apply.

It envision that everytime its reader, listener and to everyone who knows about it
would see a structure like this model, they would easily recall the baisc lessons they
must never forget. For these lessons weighs like feather and values equates to gold.

One of the goal of this model is to bring you from where you are right now in to
your financial goals in life. As its tagline says, bridging the gap from what it is to what it
should be.

LO2: BIG WORD

According to investopedia.com, financial literary is the education and

understanding of various financial areas including topics related to managing
personal finance, money and investing.
Financial literacy simply means the possession of the set of skills and knowledge
that allows an individual to make effective and efficient decissions with all of their
financial resources. Furthermore, it is the ability to understand how maney works, how
someone make it, manage it and how it affects a person’s life.
Being financially literate is impertant because it protects you from the vast
changes in the world. Like the sudden strike of inflation and major breakthroughts in
your life. You will be able to make wise money decisions like saving and investing for
future needs.
It is a challenge to be one of the so called Financial literate Pinoys because
according to the latest statistics released by PSA.gov.ph, only 20% of Filipinos are
considered to belong within that group.
In addition, Rex Mendoza- a leading investment expert and President of
Rampver Financials quoted, “Attitude and Behavior. Delayed gratification isn’t easy for
Filipinos. Most of us live in the now.”Furthermore, studies show that the most common
reasons of Filipinos who are not financially literate would be fear, ignorance and
difficulty. (https://business.inquirer.net/)
Despite of that, there is still hope and part of being a Filipino, it is innate in us to
be hardworking, eagerness to learn and commitment which are great factors to achieve
Financial Literacy. Many things could happen along the way so explore and start your
journey towards Financial Freedom.

LO3: BLUEPRINT OF THE MODEL

You already determine your goals and ready to start to walk the path towards
your financial goals. The next step is to have a plan on how to bring yourself into your
goal.
In this stage in your journey, it is a must to require yourself to make an initial plan
to start the walk and contingency plan to keep on walking. An initial plan is important to
jumpstart in climbing the bridge but along the way when you feel tired and burnout, here
comes the contingency plan. It will keep you on walking or even let you choose to run or
ride to finish the climb.
Planning is required at the very outset of management whereas control is
required at the last stages. If planning is looking ahead, control is looking back.” Without
control all the planning is fruitless because control consists of the steps taken to ensure
that the action you’ve taken conforms to the plans.
LO4: SNEAK PEEK

This chapter will focus on identifying, analyzing and appreciating the basic
elements that made up the Bridge Modelc. Along the way of walking you’ll eventually
notice the beauty and well-built structure of the bridge. Just like in pursuit to achieve
your financial goal, you need to consider these things:
BRIDGE YOURSELF
 Foundation and Spring Beams = Knowledge
 Post and Lintel = Skills
 Suspension Cable = Attitude

Bridge Modelc.

KNOWLEDGE
KNOWLEDGE

KNOWLEDGE
Digging and Building the Foundation: KNOWLEDGE
Oxford Dictionary defines Knowledge as facts, information, and skills acquired by
a person through experience or education; the theoretical or practical understanding of
a subject.
It is to know or understand something or someone. To attain knowledge one
must follow these 3 rules: Read, Conceptualize and Verbalize. (credits to Mr. K.
Micabalo)
 Read Financial Related books and Building Wealth Books.
 Gain concepts on the basics of Financial Literacy: Asset, Liability, Income,
Expense, Savings, Investment, Good debt and Bad debt.
 Verbalize and apply the concepts that you learn.

Strong Post and Lintel: SKILLS

Skills would bring you upward or on top of your game and moved you forward to
where you want to go. In fact, walking is a skill because not all human beings were able
to walk nor stand on our own feet.

We need to possess these skills for us to be successful:

1. Reading and Understanding Financial Statements

It is an important skill because financial statements tells you all the

information related to your financial plan. Through this you will be able to identify
if your result succeeds or failed.

2. Start Thy Purse to Fattening (credits to the book, “The Richest Man in Babylon-
Clason, G. S.)
Start to generate income either in a form of salary or profit from business
to save it and invest it to different businesses.

3. Be SMARTER.

Consider the following before putting up or joining into a business

adventure.
Is it Specific, Measurable, Attainable, Realistic, Timely, Exciting, and Rewarding?
 4. Use Leverage.

It is the ability to use good debt to finance the business adventure.

5. Master the Art of Investing.

- According to Warren Buffet, “Risk comes from not knowing what

you’re doing.” therefore, don’t do something that you don’t
understand.
- Invest in your personal growth and development; these are lifetime
and intangible investments.
- Invest and protect your Life, Health and Properties; these are long
term and tangible investments.

Flexible Suspension Cables: ATTITUDE

One of the most important steps you can take toward achieving your greatest
potential in life and in your financial goals is to learn to monitor your attitude and its
impact on your work performance, business results, relationships and everyone around
you.
Attitude is everything, it governs the way you perceive the world and the way the
world perceives you. Attitude composes your over-all well-being. Just like the
suspension cable in a bridge that holds it tight together and keeps all the pieces
together when everything falls down.
The following are some of the bullet-proof attitudes of highly successful people:
(credits to Keith Harrell, Article published on SuccessInsider.com)

1. Self- coaching through Affirmations

Repeated several times each day and every day to reprogram your
subconscious with positive thinking.

2. Self-Motivation through Discovering Your Motives.

Discover what motivates you to attain that financial goal.

3. The Power of Visualization

Seeing sights or seeing yourself doing what you’ve done in the future.
 4. Attitude Talk for Positive Internal Dialogue

Listen to your inner voice.

5. The Power of Words – WOW

Watch Our Words.

6. The Power in a Positive Greeting

It is easier to start your day with a positive interaction with other people.

7. Enthusiasm : Vital Tool for Staying Motivated

Putting yourself in motion.

8. Connecting to your Spiritual Empowerment

Faith is the powerful and positive motivation we should have.

9. Lighten Up Your life with Humor

The more humor and laughter in your life, the less stress you’ll have.

10. Exercise
It can provide relative quick positive feedback and will keep you mentally,
physically and emotionally healthy.

LO5: FINAL SAY

Being born from a poor family is not our fault. But dying poor is your greatest
fault. Teaching financial literacy was a very broad topic and here we are chunking down
all simple yet essential lessons to share with you. We do it the simplest as it can be for
the purpose of imparting knowledge to our fellowmen especially to those brothers and
sisters of us who re unlucky enough to access financial education.
Through the Bridge Model, may we always remember this lessons:
 Goals fuels up our imagination to take action from where we are to where we
should be.
 You only live once. Live for the moment.
 Sometimes when you are scared, the only way is to move forward.
 Investment in knowledge pays the best interest
 Surround yourself with people who are better than you.
 Risk comes from doing the things you don’t understand.
 Life is a journey, not a destination. ( credits to Ralph Waldo Emerson)

“Blessings come to those who are willing to sacrifice “

Lion