Pag-Ibig Seminar

Financial security is the most desired kind of security in life, right from the very
first moment a person begins to know what money is and he/she begins to take financial
responsibilities, the person begins to desire financial security in life. Many people have
experienced significant losses in their financial investments as a result of the relative
unpredictability of the global economy; if this problem is not properly addressed, a
further decline in the value of money may be expected. Because of such a condition,
credit risks may well be spelled out especially if one is entirely dependent on the policy
of an insurance company.

One institution where you can gain financial security is the PAG-IBIG Fund.
Pag-IBIG is an acronym which stands for Pagtutulungan sa Kinabukasan: Ikaw,
Bangko, Industria at Gobyerno. Pag-IBIG Fund has two main objectives it is to
increase savings from more Filipino workers, manage a long-lasting Fund with
morality, strong business practices, and social responsibility, and give members with
affordable housing options. The Pag-IBIG Fund Multi-Purpose Loan, often known as
the MPL, is a cash advance created to support their members in times of sudden
financial need. In as little as two days, a member can borrow up to 80% of their Pag-
IBIG Regular Savings. Active membership, by having at least one (1) monthly
membership savings within the last six (6) months prior to the date of loan application;
If with an existing Pag-IBIG Housing Loan, MPL and/or Calamity Loan, the account/s
must not be in default; and. Proof of income they are qualified for multi-purpose loan
in Pag-IBIG. Employees should make sure that their employers are paying their
payments as they should give them the many advantages that Pag-IBIG membership
offers.

PAG-IBIG Fund or Home Development Mutual Fund can be a solid and

trustworthy source of retirement funds. It is a huge help, especially for those who work
abroad and for those with low incomes. Financial stability is about much more than just
having enough money; it's about feeling in control of your life and having the freedom
to live it whatever you choose no matter what your current situation may be.