Financial Planning Ala batman!

Did you know that financial planning is a big waste of money?

article written by: Christopher  Joseph t. Torralba ( seafarer )

You don't need to read this article because  you don't need to enhance your understanding in money management much better not to prepare for my future needs, I will just enjoy everything I can afford right now and later I will beg my company to take care of me later and I think it is pretty awesome!

Here are some notes that you need to understand why you don't need a financial planning.

 Work :

I don't need to plan for my  future because  every year I became stronger and younger  I can work until the age of 100 and I am happy to achieve that I am still working even I cannot stand alone already .

 Savings :

I don't need to learn the different and effective ways to save because there is a 5/6  in our community that can help me when I am out of cash.

I preferred to barrow from them because it is cheaper than to save money, as a matter of fact they have freebies! they have a stuff that I need to pay first before they can lend me some money,  so that is cool and awesome!

Retirement:

I don't need to plan for my retirement because I invest already in my children's education  all of them are  in earning stage already that's why they have their obligation  to return the favour we did as their parents.

and did you know that our SSS ( Social Security System ) will take care of me and also when I got sick they are offering "limited" amount for my hospitalization.

and my savings in SSS gives me a high yield because the inflation beat's it every year and that is the advice of my friends which is top at our class since high school.

This is my option in my retirement rather than investing in life insurance that they called

VUL ( life insurance + investment )

that can grow much better than banks does.

Risk:

Risk is " risk " why I will gamble if there is a risk hey it's common sense!

much better to buy my unnecessary stuff such as

vices that can destroy my body,

too much intake of soda and sweet's to lessen my diabetes problem in the future

hard liquor that makes me a monster after a heavy drinking session

or buying too much gadgets stuff that I cannot use all them one at a time.

or much better for my own pleasure on the girls in the club to strengthen my relationship with my wife and my children.

maybe also in gambling that I may have the fortune to win.

much better to avail these stuff because all of these are risk free indeed and I think it is a FACT,

rather than buying  a financial book & attending financial seminars that can enhance my understanding of money management so that I can able to identify and how to make more money in risk of investing and how to manage the risk.

Security and protection:

Whatever may happen to me my family will take care of me when I die.

Including my debt and all of my estate tax that they need to pay when I die.

Rather than saving all my unnecessary expenses  and human vices .

so that I can buy my own life insurance policy for an affordable price so that when I pass away my death benefit will take care of my family when I am not with them anymore.

Since this is some of my suggestions that's why you don't need to learn how financial planning works, just ignore it. Because actually all of my examples will might not happen in the future.

This is Christopher once again founder of cecventures.com and we are here to share more latest and useful articles in our daily living.

I hope you learned something from us.

please share this article as you don't care with your loved ones.

God bless..

The Story Behind The Muster Station

Did You Know That Ship's Muster Station Is Like Seafarer's Financial Foundation?

Written By: Christopher Torralba ( Seafarer )

Founder of:  cecventures.com

One day when I am working on deck in aft station my vision goes in Muster Station and I think that I can elaborate some short story in one of the most important location onboard, because I Think muster station have a similarity in Seafarer's Financial Management.

Muster station

1. Is the location where we conduct our mustering every time we need to perform an actual drill.  

and almost every month we perform it continuously.

2. Before we go here in our designated place in muster station you knew already what is your duties and responsibilities right?

3. We conduct a drill because we never knew when and where an emergency might happen. we have our duties to know our impart on how we can respond in such kinds of emergencies.

4. We never expect a fire, abandon ship, oil spill etc in real situation, but still why this thing should be implemented when we are onboard? simply because our ship has a plan for us in any case of emergency we have almost everything we need for us to survive.

The big question is If our ship has a master plan in our safety and escape if ever we need to leave the ship for whatever emergency might happen, Why many of us spend a decade already in their sea career and yet we don't have any plan for our financial management such as , retirement, back up fund , personal life insurance or even preparation in unexpected disability or worse might death?

Do we really need to plan for this stuff ? you don't need to answer because I know that you understand what I mean.

Seafarer's Finances

1. From the very first time that you've got your first job at sea we practice at the ship that we need to be informed in any emergencies and what is your duties and responsibilities in " ship's familiarization.

meaning from the very first time.

so from the very first time you've been onboard you should know your plan in your finances, you should able yourself to learn the capabilities to grow your money even in your very first contract.

2. When you got onboard you have your duties and responsibilities onboard in any case of any emergencies. remember your cabin card?  

same as your finances do you have  a personal plan or duties where to grow your money, where to invest it and how you can protect it,  so that while we are working as a seafarer likewise our money works hard for us as well.

3.We conduct a drills so that we can practice our duties and responsibilities in any case of emergencies so that we know what to do in real emergencies,

likewise in our finances we should have these duties and we should know how to respond in any financial crisis such as loss of job,  leaving too long, having a long vacation & many more.

4. We never expect any emergency and the truth is most of the time actual drill sometimes is just making fun. but Financial crisis is not a good joke financial crisis is a real deal.

So before it's too late, learn how to manage your finances well and be prepared in the real and true to life emergencies.

Learn from the people who already did it, and how they can help you as well.

I hope you learned something from my short story, Ship is just a piece of metal that can be put into junk if it's useless anymore, Seafarer's lives is more precious than that.

God bless to my fellow seafarer's

Other Interesting Site's

Christopher Cervantes RFP ( registered Financial Planner )

Financial Planning Seminar

cecventures.com blogs