What do you think is the main point of this video clip?

The main point of the video clip is how to handle money wisely.

It’s usually observed to Filipino people the attitude of spending money without
any concrete direction, meaning, spending without planning. As to what was discussed
by the presenter in the video, there are 5 steps in handling money wisely: set financial
goals, be organize, track spending, create budget and prioritize savings.
It’s one of the key factors in managing finances to create certain financial goals
which will serve as the ground base and direction on what to do next to properly allocate
finances in every area. Thus, after establishing financial goals, every following step will
smoothly follow consecutively. Organizing is the next essential step to create and set
things and actions needed in place to achieve goals. Tracking spending is also
important as it will allows you to see where your money goes and it set as the main
guide to proceed to the next step: create budget. Budget will serve as the critical tool to
plan the allocation of finances to achieve every financial goal. Lastly, prioritizing savings
is as important of the other steps as it helps to establish wise and better money habits
and it serves as another way of building wealth.

How might you change your budgeting as a result of watching this video clip?

Do you trust the information contained in this video clip? Does the presenter
appear to have expertise in this area? Why or why not?

The information provided in the video is highly reliable and we can say that we
trust every detail provided as it came from an expert in this field. Chinkee Tan is a
known figure in the field of finance, as a financial expert and educator. For long years,
he has been an influential life and wealth coach and one of the top motivational
speakers and lifestyle trainer in the Philippines who motivates and educates public by
providing advices and tips about financial literacy, wealth creation and achieving
success. He mainly speaks about his expertise in different platforms: public speaking,
television, radio and on his personal youtube account which has already 1.6 million
subscribers. He has also published numbers of best-selling books related to money and
finance that will educate people to be financial literate and wise in handling money. His
best-selling books include “Till Debt Do Us Part: Practical Steps to Financial Freedom”,
“For Richer and For Poorer” and “DIARY OF A PULUBI: 22 Money Lessons to Avoid
Going Broke”.