Republic of the Philippines

Department of Education

Region VI – Western Visayas

School Division of Antique

District of Hamtic

January 25, 2023

RALPH JESSIE S. CANENCIA

Director VI – DepEd Region VI

San Jose, Antique

Dear sir CANENCIA

It is with great pride and honor that I am seeking to secure an elementary teaching position within your
school district. I'm very proud that I am a graduate of your institution.

I earned my Bachelor of Elementary Education degree from Philippine Normal University, Lopez,
Quezon. I graduated Cum Laude, being the top graduate of our batch, on April 4, 2011, with a general
point average of 91.96% I also passed the recently Licensure Examination for Teachers (LET) Elementary
Level last September 25, 2011 with a weighted average of 81.80% As a teacher, I am optimistic that
pupils will discover their real fortes and capabilities as I provide a learning environment that engages
their eagerness to discover , to learn independently, to be a scientific and critical thinker, and to trust
their personal opinions while fostering solidarity among their classmates. I realize how vital education is
as the foundation of the young people to achieve success in all undertakings set before them. This is
why my greatest goal is to educate young people and help them blossom into well-rounded, responsible
and successful citizen. I believe that my instructional abilities combined with my work ethics, skills, and
strong devotion to educate children would greatly benefit the educational programs of your district. I
am hoping with great anticipation to discussing with you many ways in which I can make a significant
contribution to your school district. Thank you in advance for your time and consideration.

Respectfully yours.

MYLENE SEARES

Teacher Applicant
Republic of the Philippines

Department of Education

Region VI – Western Visayas

School Division of Antique

District of Hamtic

January 25, 2023

RALPH JESSIE S. CANENCIA

Director VI – DepEd Region VI

San Jose, Antique

Dear sir CANENCIA

It has come to my knowledge that your educational institution has recently opened a vacancy for a
teaching position, I would like to express my interest in applying as an elementary-level teacher in your
school. Enclosed is my updated resume for your review.I firmly believe that my related experience,
knowledge, and skills would be compatible to achieve the vision of your institution. In 2013, I completed
my degree in Bachelor of Science in Elementary Education at the University of The Philippines. While
completing my degree. I worked as a part-time assistant teacher at Little Angel Integrated School of
Learning. During that time, fondly experienced the fulfillment and joy of teaching and surpassed the
challenges that came my way. As an assistant teacher, coordinated with my seniors in developing lesson
plans that would not only help students learn, but capture their engagement as well. handled third and
fourth grade English classes for a year, enough time to understand the dealings of a classroom set up.
After graduation, worked as a personal tutor at ABC Learning and Tutorial Services while preparing to
take my licensure exam. assisted different level students with school homework in various subjects. This
job experience has taught me how to be flexible and adjust my teaching strategies to better suit the kind
of student I have. Last month, I successfully passed the licensure exam. Upon obtaining my license, I
checked with your good office for a teaching position vacancy. Fortunately, I was given the opportunity
to apply to your institution. I hope you find me qualified for the position you are trying to fill in. I
appreciate you taking the time to read my letter. I look forward to being contacted for an interview.

Sincerely,

CHRIZEL ANN SARAD

Teacher Applicant
Republic of the Philippines

Department of Education

Region VI – Western Visayas

School Division of Antique

District of Hamtic

January 25, 2023

RALPH JESSIE S. CANENCIA

Director VI – DepEd Region VI

San Jose, Antique

Dear sir CANENCIA

Philippines, being one of the last few countries to adapt the K-12 Basic Education Program in Ama and in
the whole world, is now in full swing in its implementation Republic Act No 10533, or the Enhanced
Basic Education Act or an Act Enhancing the Philippine Banc Education System by Strengthening its
Cumculum and increasing the Number of the Years for Basic Education has been passed into law on May
15, 2013 by the former Philippine Prendent Benigno Simeon C. Aquino III. This law mandates the
addition of two years of senior high school from the conventional four years of secondary education in
the Philippines So far, this has been the major alteration in the status que in the educational system of
this country The implementation of this new system mainly aims to improve the quality of education in
the Philippines as one of the solution in the increasing poverty index of the ration. The past
administration also sees this as a way to provide sufficient time for mastery of concepts and skills,
develop lifelong learners, and prepare graduates for tertiary education, middle-level skills development,
employment, and entrepreneurship The additional two years of secondary education has already been
the talk of the town years before it was passed into law Many expressed doubt, hentation and
resistance due to the additional burden and expenses on the part of the students and parents Many
institutions and organizations also expressed their sentiments that the country is not ready to
implement the system due to the need of additional trainings of the teachers, with also inadequate
resources, facilities and teaching force as casting problems even before the said program During the first
year of its implementation, loop holes in the new curriculum had been observed such as shortcomings
which lie on the inefficiency of some teachers, insufficient learning resources, lack of support from
parents, fear of mudents and lapses in the cumculum itself. The former regime was not shaken by those
complications and the current administration is still attempting to alleviate the problems brought about
by the law.

Sincerely your.

NERISA SAPAN

Teacher Applicant
 General Leandro Fullon National School
Senior High Department
Fabrica Hamtic, Antique

EQUALITY OF THE
WORKOLACE
A POSITION PAPER
PRESENTED TO
RALPH JESSIE S. CANENCIA
GENERAL LEANDRO FULLON NATIONAL SCHOOL
FABRICA HAMTIC ANTIQUE

IN PARTIAL FULFILLMENT
OF THE REQUIREMENTS FOR THE SUBJECT ENGLISH
FOR ACADEMIC PURPOSE

By:
CHRIZEL ANN SARAD
GRADE 11 WISDOM

February, 2023
 General Leandro Fullon National School
Senior High Department
Fabrica Hamtic, Antique

Brighter Life Team

The rising inflation rate has been a hot topic in recent months because of the high cost of
commodities. With the surge in the prices of basic goods and an unstable economy, how are you
keeping up? Here are some of the tips to help you survive.

Aside from the pandemic, Filipinos have been battling with the rising inflation rate in the
country. According to the Philippine Statistics Authority, from 2.1% in May 2020, the inflation
rate rose up at 4.5% in May 2021, which shows an increase of more than 100%.

Inflation is all about having to pay more for the same goods and services that you used to afford
at a lower cost. Most of the time, the rise in income is not able to keep up with inflation, which
puts a heavier challenge in making ends meet.

Although in the Total Remuneration Survey (TRS) 2020, business owners have expressed
intention to raise pay by an average of 5.6% in 2021, more than half of the companies have
indicated that they will delay the increase of salaries or revise salary increment level to keep
costs down.So how does the inflation rate affect the lives of Filipinos? Here are the things you
need to know.
The effects of the rising inflation in the Philippines

 Reduced purchasing powerAn increase in the inflation rate would mean you’ll have to
spend more for the same goods that you used to purchase at a lower cost. For some, this
may mean a lower standard of living and letting go of luxuries to afford basic goods. 

 Lifestyle changeAs the prices of commodities increase, an average earner may need to
switch to a simpler lifestyle. A high inflation rate means you’ll have lower disposable
income and will result in having less money to spend than you wish to.

 Insufficient fixed incomeThe effects of the inflation rate will also affect those with fixed
income such as retirees who rely on pension benefits. The usual pension they receive may
 no longer be sufficient to sustain their usual way of living, considering the increase in the
cost of basic goods, medications, and utilities.

General Leandro Fullon National School

Senior High Department
Fabrica Hamtic, Antique

 Compromised health

Even if it is forecasted that health care cost will have a slower rise this year, there’s still a
chance that for average income earners, health may be given less priority in order to meet daily
needs. Regular checkups may be reduced and you may no longer be able to buy nutritional
supplements or avail of prescribed treatments.

 Lower capacity to saveAs financial resources tend to be lacking with a high

inflation rate, you may find yourself without enough fund to allot for your savings,
your child’s education, health emergencies, business, and retirement that may
eventually affect your future plans.

5 steps to manage the effects of the rising inflation in the Philippines

1. Always stay one step aheadStrategize now even if you haven’t experienced the negative
effects of inflation. Plan ahead. Identify your present expenses and the cost of your future goals.
From there, create a budget and stick to it so that you can avoid overspending. Not sure about
how much you need to save for your future? Check out our Inflation Calculator tool to know
the cost of your goals.

2. Explore sources of incomeA smart way to beat the odds brought by the increasing cost of
commodities is to also increase your cash flow. If you’re unemployed, look for job opportunities.
A survey shows that 35% of companies are looking into increasing their headcount this year. If
joblessness is a problem now, you may soon find openings that fit your credentials.
On the other hand, it is also important to seek potential additional sources of income even when
you are currently employed. Check out part-time jobs or explore business ideas that you can keep
while keeping your regular job.
3. Reduce your expenses
With limited resources, you have to make ends meet. Reassess your budget to identify the
essentials vs. the non-essentials. This will help you prioritize and ensure that your basic
needs are met even with inflation. You may also want to explore more affordable alternatives to
your usual choices. The small savings you’ll accumulate over time can be used for important
priorities in the future.

General Leandro Fullon National School

Senior High Department
Fabrica Hamtic, Antique

4. Start investing
This is the best time to consider investing. Inflation in the Philippines may cause lower growth
rates of bank products. If you have extra money to save, investment products would be your best
option. There are financial vehicles that can offer higher returns to help you beat the inflation
rate. For example, the Sun Life Prosperity Funds is a mutual fund investment that can
maximize your earning potential. Apply online to start or talk to a financial advisor to learn
more about mutual funds.

5. Take advantage of life insurance

Getting life insurance is like hitting two birds with one stone. It will provide you with the
coverage you need plus it will help you to save up early for important life milestones.
Depending on your future goals, your life insurance will be a good vehicle to save for the things
that matter to you. If you’re a parent, you’ll find big help in availing of a life insurance plan
geared for education like the Sun Dream Achiever. This will afford your family more peace of
mind and financial security. It also comes with increasing guaranteed cash benefits that can be
used to pay for tuition costs between the 12th to the 17th year after your policy’s effective date.

The inflation rate in the Philippines is higher than it was in recent years and is forecasted to
persist up to Q3 of 2021. You may already be feeling its effects as you get to afford less with
the same amount of money now. But still, you can look at the silver lining by taking advantage
of opportunities that will help you make the most of your earnings. With mindful spending
habits, it’s not impossible to survive and even thrive amidst inflation.
Reach out to one of our advisors to get guidance on how you can build a fund for your priority
goals, with inflation in mind. Financial advisors are equipped with the knowledge to recommend
the products you should get, whether it’s life insurance, investment, or both. If you don’t have a
financial advisor yet, leave your details here so we can connect you with one.

General Leandro Fullon National School

Senior High Department
Fabrica Hamtic, Antique

Always stay one step ahead

Strategize now even if you haven’t experienced the negative effects of inflation. Plan ahead.
Identify your present expenses and the cost of your future goals. From there, create a budget and
stick to it so that you can avoid overspending. Not sure about how much you need to save for
your future? Check out our Inflation Calculator tool to know the cost of your goals.

Explore sources of income

A smart way to beat the odds brought by the increasing cost of commodities is to also increase
your cash flow. If you’re unemployed, look for job opportunities. A survey shows that 35% of
companies are looking into increasing their headcount this year. If joblessness is a problem now,
you may soon find openings that fit your credentials.

On the other hand, it is also important to seek potential additional sources of income even when
you are currently employed. Check out part-time jobs or explore business ideas that you can keep
while keeping your regular job.

Reduce your expenses With limited resources, you have to make ends meet. Reassess your
budget to identify the essentials vs. the non-essentials. This will help you prioritize and ensure
that your basic needs are met even with inflation. You may also want to explore more affordable
alternatives to your usual choices. The small savings you’ll accumulate over time can be used for
important priorities in the future.

Start investing This is the best time to consider investing. Inflation in the Philippines may cause
lower growth rates of bank products. If you have extra money to save, investment products
would be your best option. There are financial vehicles that can offer higher returns to help you
beat the inflation rate. For example, the Sun Life Prosperity Funds is a mutual fund investment
that can maximize your earning potential. Apply online to start or talk to a financial advisor to
learn more about mutual funds.

Take advantage of life insurance

Getting life insurance is like hitting two birds with one stone. It will provide you with the
coverage you need plus it will help you to save up early for important life milestones.

General Leandro Fullon National School

Senior High Department
Fabrica Hamtic, Antique

Teenage pregnancy
A POSITION PAPER
PRESENTED TO
RALPH JESSIE S. CANENCIA
GENERAL LEANDRO FULLON NATIONAL SCHOOL
FABRICA HAMTIC ANTIQUE

IN PARTIAL FULFILLMENT
OF THE REQUIREMENTS FOR THE SUBJECT ENGLISH
FOR ACADEMIC PURPOSE

By:
Nerisa Sapan
 GRADE 11 WISDOM

February, 2023

General Leandro Fullon National School

Senior High Department
Fabrica Hamtic, Antique

Brighter Life Team

The rising inflation rate has been a hot topic in recent months because of the high cost of
commodities. With the surge in the prices of basic goods and an unstable economy, how are you
keeping up? Here are some of the tips to help you survive.

Aside from the pandemic, Filipinos have been battling with the rising inflation rate in the
country. According to the Philippine Statistics Authority, from 2.1% in May 2020, the inflation
rate rose up at 4.5% in May 2021, which shows an increase of more than 100%.

Inflation is all about having to pay more for the same goods and services that you used to afford
at a lower cost. Most of the time, the rise in income is not able to keep up with inflation, which
puts a heavier challenge in making ends meet.

Although in the Total Remuneration Survey (TRS) 2020, business owners have expressed
intention to raise pay by an average of 5.6% in 2021, more than half of the companies have
indicated that they will delay the increase of salaries or revise salary increment level to keep
costs down.So how does the inflation rate affect the lives of Filipinos? Here are the things you
need to know.
The effects of the rising inflation in the Philippines

 Reduced purchasing powerAn increase in the inflation rate would mean you’ll have to
spend more for the same goods that you used to purchase at a lower cost. For some, this
may mean a lower standard of living and letting go of luxuries to afford basic goods. 
  Lifestyle changeAs the prices of commodities increase, an average earner may need to
switch to a simpler lifestyle. A high inflation rate means you’ll have lower disposable
income and will result in having less money to spend than you wish to.

 Insufficient fixed incomeThe effects of the inflation rate will also affect those with fixed
income such as retirees who rely on pension benefits. The usual pension they receive may
no longer be sufficient to sustain their usual way of living, considering the increase in the
cost of basic goods, medications, and utilities.

General Leandro Fullon National School

Senior High Department
Fabrica Hamtic, Antique

 Compromised health

Even if it is forecasted that health care cost will have a slower rise this year, there’s still a
chance that for average income earners, health may be given less priority in order to meet daily
needs. Regular checkups may be reduced and you may no longer be able to buy nutritional
supplements or avail of prescribed treatments.

 Lower capacity to saveAs financial resources tend to be lacking with a high

inflation rate, you may find yourself without enough fund to allot for your savings,
your child’s education, health emergencies, business, and retirement that may
eventually affect your future plans.

5 steps to manage the effects of the rising inflation in the Philippines

1. Always stay one step aheadStrategize now even if you haven’t experienced the negative
effects of inflation. Plan ahead. Identify your present expenses and the cost of your future goals.
From there, create a budget and stick to it so that you can avoid overspending. Not sure about
how much you need to save for your future? Check out our Inflation Calculator tool to know
the cost of your goals.

2. Explore sources of incomeA smart way to beat the odds brought by the increasing cost of
commodities is to also increase your cash flow. If you’re unemployed, look for job opportunities.
A survey shows that 35% of companies are looking into increasing their headcount this year. If
joblessness is a problem now, you may soon find openings that fit your credentials.
On the other hand, it is also important to seek potential additional sources of income even when
you are currently employed. Check out part-time jobs or explore business ideas that you can keep
while keeping your regular job.
3. Reduce your expenses
With limited resources, you have to make ends meet. Reassess your budget to identify the
essentials vs. the non-essentials. This will help you prioritize and ensure that your basic
needs are met even with inflation. You may also want to explore more affordable alternatives to
your usual choices. The small savings you’ll accumulate over time can be used for important
priorities in the future.

General Leandro Fullon National School

Senior High Department
Fabrica Hamtic, Antique

4. Start investing
This is the best time to consider investing. Inflation in the Philippines may cause lower growth
rates of bank products. If you have extra money to save, investment products would be your best
option. There are financial vehicles that can offer higher returns to help you beat the inflation
rate. For example, the Sun Life Prosperity Funds is a mutual fund investment that can
maximize your earning potential. Apply online to start or talk to a financial advisor to learn
more about mutual funds.

5. Take advantage of life insurance

Getting life insurance is like hitting two birds with one stone. It will provide you with the
coverage you need plus it will help you to save up early for important life milestones.
Depending on your future goals, your life insurance will be a good vehicle to save for the things
that matter to you. If you’re a parent, you’ll find big help in availing of a life insurance plan
geared for education like the Sun Dream Achiever. This will afford your family more peace of
mind and financial security. It also comes with increasing guaranteed cash benefits that can be
used to pay for tuition costs between the 12th to the 17th year after your policy’s effective date.

The inflation rate in the Philippines is higher than it was in recent years and is forecasted to
persist up to Q3 of 2021. You may already be feeling its effects as you get to afford less with
the same amount of money now. But still, you can look at the silver lining by taking advantage
of opportunities that will help you make the most of your earnings. With mindful spending
habits, it’s not impossible to survive and even thrive amidst inflation.
Reach out to one of our advisors to get guidance on how you can build a fund for your priority
goals, with inflation in mind. Financial advisors are equipped with the knowledge to recommend
the products you should get, whether it’s life insurance, investment, or both. If you don’t have a
financial advisor yet, leave your details here so we can connect you with one.

General Leandro Fullon National School

Senior High Department
Fabrica Hamtic, Antique

Always stay one step ahead

Strategize now even if you haven’t experienced the negative effects of inflation. Plan ahead.
Identify your present expenses and the cost of your future goals. From there, create a budget and
stick to it so that you can avoid overspending. Not sure about how much you need to save for
your future? Check out our Inflation Calculator tool to know the cost of your goals.

Explore sources of income

A smart way to beat the odds brought by the increasing cost of commodities is to also increase
your cash flow. If you’re unemployed, look for job opportunities. A survey shows that 35% of
companies are looking into increasing their headcount this year. If joblessness is a problem now,
you may soon find openings that fit your credentials.

On the other hand, it is also important to seek potential additional sources of income even when
you are currently employed. Check out part-time jobs or explore business ideas that you can keep
while keeping your regular job.

Reduce your expenses With limited resources, you have to make ends meet. Reassess your
budget to identify the essentials vs. the non-essentials. This will help you prioritize and ensure
that your basic needs are met even with inflation. You may also want to explore more affordable
alternatives to your usual choices. The small savings you’ll accumulate over time can be used for
important priorities in the future.
Start investing This is the best time to consider investing. Inflation in the Philippines may cause
lower growth rates of bank products. If you have extra money to save, investment products
would be your best option. There are financial vehicles that can offer higher returns to help you
beat the inflation rate. For example, the Sun Life Prosperity Funds is a mutual fund investment
that can maximize your earning potential. Apply online to start or talk to a financial advisor to
learn more about mutual funds.

Take advantage of life insurance

Getting life insurance is like hitting two birds with one stone. It will provide you with the
coverage you need plus it will help you to save up early for important life milestones.

General Leandro Fullon National School

Senior High Department
Fabrica Hamtic, Antique

EQUALITY OF THE
WORKOLACE
A POSITION PAPER
PRESENTED TO
RALPH JESSIE S. CANENCIA
GENERAL LEANDRO FULLON NATIONAL SCHOOL
FABRICA HAMTIC ANTIQUE

IN PARTIAL FULFILLMENT
OF THE REQUIREMENTS FOR THE SUBJECT ENGLISH
FOR ACADEMIC PURPOSE
 By:
MYLENE SEARES
GRADE 11 WISDOM

February, 2023

General Leandro Fullon National School

Senior High Department
Fabrica Hamtic, Antique

Brighter Life Team

The rising inflation rate has been a hot topic in recent months because of the high cost of
commodities. With the surge in the prices of basic goods and an unstable economy, how are you
keeping up? Here are some of the tips to help you survive.

Aside from the pandemic, Filipinos have been battling with the rising inflation rate in the
country. According to the Philippine Statistics Authority, from 2.1% in May 2020, the inflation
rate rose up at 4.5% in May 2021, which shows an increase of more than 100%.

Inflation is all about having to pay more for the same goods and services that you used to afford
at a lower cost. Most of the time, the rise in income is not able to keep up with inflation, which
puts a heavier challenge in making ends meet.

Although in the Total Remuneration Survey (TRS) 2020, business owners have expressed
intention to raise pay by an average of 5.6% in 2021, more than half of the companies have
indicated that they will delay the increase of salaries or revise salary increment level to keep
costs down.So how does the inflation rate affect the lives of Filipinos? Here are the things you
need to know.
The effects of the rising inflation in the Philippines
  Reduced purchasing powerAn increase in the inflation rate would mean you’ll have to
spend more for the same goods that you used to purchase at a lower cost. For some, this
may mean a lower standard of living and letting go of luxuries to afford basic goods. 

 Lifestyle changeAs the prices of commodities increase, an average earner may need to
switch to a simpler lifestyle. A high inflation rate means you’ll have lower disposable
income and will result in having less money to spend than you wish to.

 Insufficient fixed incomeThe effects of the inflation rate will also affect those with fixed
income such as retirees who rely on pension benefits. The usual pension they receive may
no longer be sufficient to sustain their usual way of living, considering the increase in the
cost of basic goods, medications, and utilities.

General Leandro Fullon National School

Senior High Department
Fabrica Hamtic, Antique

 Compromised health

Even if it is forecasted that health care cost will have a slower rise this year, there’s still a
chance that for average income earners, health may be given less priority in order to meet daily
needs. Regular checkups may be reduced and you may no longer be able to buy nutritional
supplements or avail of prescribed treatments.

 Lower capacity to saveAs financial resources tend to be lacking with a high

inflation rate, you may find yourself without enough fund to allot for your savings,
your child’s education, health emergencies, business, and retirement that may
eventually affect your future plans.

5 steps to manage the effects of the rising inflation in the Philippines

1. Always stay one step aheadStrategize now even if you haven’t experienced the negative
effects of inflation. Plan ahead. Identify your present expenses and the cost of your future goals.
From there, create a budget and stick to it so that you can avoid overspending. Not sure about
how much you need to save for your future? Check out our Inflation Calculator tool to know
the cost of your goals.
2. Explore sources of incomeA smart way to beat the odds brought by the increasing cost of
commodities is to also increase your cash flow. If you’re unemployed, look for job opportunities.
A survey shows that 35% of companies are looking into increasing their headcount this year. If
joblessness is a problem now, you may soon find openings that fit your credentials.
On the other hand, it is also important to seek potential additional sources of income even when
you are currently employed. Check out part-time jobs or explore business ideas that you can keep
while keeping your regular job.
3. Reduce your expenses
With limited resources, you have to make ends meet. Reassess your budget to identify the
essentials vs. the non-essentials. This will help you prioritize and ensure that your basic
needs are met even with inflation. You may also want to explore more affordable alternatives to
your usual choices. The small savings you’ll accumulate over time can be used for important
priorities in the future.

General Leandro Fullon National School

Senior High Department
Fabrica Hamtic, Antique

4. Start investing
This is the best time to consider investing. Inflation in the Philippines may cause lower growth
rates of bank products. If you have extra money to save, investment products would be your best
option. There are financial vehicles that can offer higher returns to help you beat the inflation
rate. For example, the Sun Life Prosperity Funds is a mutual fund investment that can
maximize your earning potential. Apply online to start or talk to a financial advisor to learn
more about mutual funds.

5. Take advantage of life insurance

Getting life insurance is like hitting two birds with one stone. It will provide you with the
coverage you need plus it will help you to save up early for important life milestones.
Depending on your future goals, your life insurance will be a good vehicle to save for the things
that matter to you. If you’re a parent, you’ll find big help in availing of a life insurance plan
geared for education like the Sun Dream Achiever. This will afford your family more peace of
mind and financial security. It also comes with increasing guaranteed cash benefits that can be
used to pay for tuition costs between the 12th to the 17th year after your policy’s effective date.
The inflation rate in the Philippines is higher than it was in recent years and is forecasted to
persist up to Q3 of 2021. You may already be feeling its effects as you get to afford less with
the same amount of money now. But still, you can look at the silver lining by taking advantage
of opportunities that will help you make the most of your earnings. With mindful spending
habits, it’s not impossible to survive and even thrive amidst inflation.

Reach out to one of our advisors to get guidance on how you can build a fund for your priority
goals, with inflation in mind. Financial advisors are equipped with the knowledge to recommend
the products you should get, whether it’s life insurance, investment, or both. If you don’t have a
financial advisor yet, leave your details here so we can connect you with one.

General Leandro Fullon National School

Senior High Department
Fabrica Hamtic, Antique

Always stay one step ahead

Strategize now even if you haven’t experienced the negative effects of inflation. Plan ahead.
Identify your present expenses and the cost of your future goals. From there, create a budget and
stick to it so that you can avoid overspending. Not sure about how much you need to save for
your future? Check out our Inflation Calculator tool to know the cost of your goals.

Explore sources of income

A smart way to beat the odds brought by the increasing cost of commodities is to also increase
your cash flow. If you’re unemployed, look for job opportunities. A survey shows that 35% of
companies are looking into increasing their headcount this year. If joblessness is a problem now,
you may soon find openings that fit your credentials.

On the other hand, it is also important to seek potential additional sources of income even when
you are currently employed. Check out part-time jobs or explore business ideas that you can keep
while keeping your regular job.
Reduce your expenses With limited resources, you have to make ends meet. Reassess your
budget to identify the essentials vs. the non-essentials. This will help you prioritize and ensure
that your basic needs are met even with inflation. You may also want to explore more affordable
alternatives to your usual choices. The small savings you’ll accumulate over time can be used for
important priorities in the future.

Start investing This is the best time to consider investing. Inflation in the Philippines may cause
lower growth rates of bank products. If you have extra money to save, investment products
would be your best option. There are financial vehicles that can offer higher returns to help you
beat the inflation rate. For example, the Sun Life Prosperity Funds is a mutual fund investment
that can maximize your earning potential. Apply online to start or talk to a financial advisor to
learn more about mutual funds.

Take advantage of life insurance

Getting life insurance is like hitting two birds with one stone. It will provide you with the
coverage you need plus it will help you to save up early for important life milestones.