ANGELES CITY - Getting Out of Debt was the topic in the third seminar conducted by the Metro Angeles Realty Estate Board Incorporated (Mareb) recently.

This is the third of three series on financial wellness held at Spring Deer Restaurant which was facilitated by Eric Trinidad of Philam Life.

During the first seminar, Trinidad discussed with Mareb officers and members and other participants financial planning and other related topics with the general objective of empowering people's mind towards proper personal financial planning and management.

In Financial Wellness Part 2, the speaker talked about different investment vehicles and asset tools that are available in the market like insurance, stocks, bonds, real estate, retail, services, information technology. and others.

On the third part, Trinidad revealed facts about Filipinos who are in the vicious cycle of being "imprisoned with debt problems."

According to him, this has been a burden for many people. It also prevents people from having a financially-sound life and financially-secured future.

“In this session, I discussed the effects of too much debt. Many Filipinos want to jumpstart in investing while dealing with too much debt, which then result in more problems as the debt problems are not prioritized and addressed. To solve this, I also shared basic tips on how to diminish debt by implementing sound debt reduction steps and logical budget management” Trinidad said.

Mareb is composed of license real estate brokers. Its members have been in the practice for more than 10 years.

Mareb president Louie Reyes expressed gratitude to Trinidad for sharing his knowledge about financial independence saying they wanted to improve their financial status.

"Mr. Eric Trinidad taught us so much more about financial wellness. We understand the struggle of life. Indeed, we are struggling hard in getting out of debt. By far, this is one of the most important talks from a non-real estate broker," Reyes said.

"We salute Mr. Eric Trinidad and his group for giving us a free a seminar on financial wellness. We are proud of them for their concern for the Filipinos and making our “kababayans” become financially stable in the future. Until then, plan, save and invest," Reyes added.