Tuesday, November 29, 2016

Use Your Today

Today, reasons and excuses are easy, convenient and cheap. But tomorrow, the only currencies accepted are the solutions and preparations that you did earlier.

Start Young and Wise

It is hard to be a breadwinner. And do you know what's harder? It is the situation of the breadwinner's dependents when suddenly, they are left on their own. 

That's why I'm so glad to have persuaded this 24 yr old IT professional, an eldest in his family, to start with his investment early. He might have just began with his career but he understands fully the gravity of being prepared for anything. Currently, he has to support his two younger siblings in their education and his parents are already in their retiring age yet he's able to budget his salary and make room to what is essential for all of them.

And it's not a bad deal to put up with a Php 2500/month investment for 10 yrs and have 1M pesos life insurance, 500K pesos accident and disability coverage, and more or less 1 Million Pesos withdrawable money at age 50 in return. A bonus well spent? No. But rather, it is a bonus well allotted and utilized.

Wednesday, November 2, 2016

Are You Ready To Leave?

It's that day again when families and friends troop to the cemeteries to remember and pray for our dearly departed. And because of the season, I remember that saying that we can't bring our treasures buried with us 6 feet under when our lives end. That's true. Yet unfortunately, it's not just material riches but the list of things we can't bring beyond our lives here on earth includes our debts, expenses and responsibilities on which some are even transferred to those whom we left behind.

And we call these people as our loved ones. Loving should be in action and not just in words. So rather than leaving them grieving and burdened with finances, why not prepare them at least in the financial sense? Save, invest, get an insurance. It will give you a peace of mind before you even rest in peace. And there are statistics that say those who prepare for it usually are the ones who live longer. I believe this because the mentality of those people who prepare have safer mindsets, health and situations than those happy go lucky people.