Ok, so maybe you still haven’t made up your mind about it yet, but eventually you are going to need to avail a Philippine life insurance policy. Actually, ideally, every does. Everyone with a future plan, with posterity, and who’re going for safety and security.
But with the cost life insurance in the Philippines, albeit supposedly sustainable, is leveled out beyond the top 5 priorities what with the immediacy of the need for food, home, transportation, and even the tax is astounding. What you can do, though, is save up money—ATM, checking, a joint account. This savings might end up helping you in as…
Health Savings
Because how many times have you caught yourself unprepared for the unpreparable? Right now, exactly how much money can you spend in case you get dengue and need to pay a doctor, buy medicine, and get confined? Most of us will need to seek the help of relatives if the bill rockets beyond the out-patient bracket. Some of the luckier ones have can be covered by PhilHealth or a company provided medi-care like Medicard but most of us, well, let’s just say that we need to find the time to save up for this. And in line with getting sick, we’ll also need to save some as…
Income Savings
What happens when you need to go on sick days is that you have to absent yourself from work. Sick leaves are good but in case you don’t have leaves, you won’t get anything for days you don’t report to work. Make sure that you have savings just in case you need to go on sick days as well as for when you need to leave a company.
Accessible Investment
You’ve always wanted to own a small panaderia but you haven’t saved up money for a capital. Should opportunity pop it’s beautiful head while you’re unready, you may feel the need to resort to borrowing big bucks from friends and family or make a bank loan. The thing with borrowing money is that it tends to earn interest that you have to pay additionally. Save up for a dream—a small negosyo, a motorcycle that will help you lessen your travel expenses, a much needed home renovation—by making sure that you have accessible and dispensable savings.
These are just some things that you get when you put away money for rainy days. Always make sure that there’s enough to get you through when times get rough or at least enough to buffer you back on track.
But with the cost life insurance in the Philippines, albeit supposedly sustainable, is leveled out beyond the top 5 priorities what with the immediacy of the need for food, home, transportation, and even the tax is astounding. What you can do, though, is save up money—ATM, checking, a joint account. This savings might end up helping you in as…
Health Savings
Because how many times have you caught yourself unprepared for the unpreparable? Right now, exactly how much money can you spend in case you get dengue and need to pay a doctor, buy medicine, and get confined? Most of us will need to seek the help of relatives if the bill rockets beyond the out-patient bracket. Some of the luckier ones have can be covered by PhilHealth or a company provided medi-care like Medicard but most of us, well, let’s just say that we need to find the time to save up for this. And in line with getting sick, we’ll also need to save some as…
Income Savings
What happens when you need to go on sick days is that you have to absent yourself from work. Sick leaves are good but in case you don’t have leaves, you won’t get anything for days you don’t report to work. Make sure that you have savings just in case you need to go on sick days as well as for when you need to leave a company.
Accessible Investment
You’ve always wanted to own a small panaderia but you haven’t saved up money for a capital. Should opportunity pop it’s beautiful head while you’re unready, you may feel the need to resort to borrowing big bucks from friends and family or make a bank loan. The thing with borrowing money is that it tends to earn interest that you have to pay additionally. Save up for a dream—a small negosyo, a motorcycle that will help you lessen your travel expenses, a much needed home renovation—by making sure that you have accessible and dispensable savings.
These are just some things that you get when you put away money for rainy days. Always make sure that there’s enough to get you through when times get rough or at least enough to buffer you back on track.