Is it really possible to retire early? If your answer is yes and no definitely okay. But there are Company who will achieve your goals, your bank. When we we're just a little we just taught to save. Your allowance and School if you are not using it all then put in a coin banks. You know the coin bank but that is debunked already.
There are banks all banks, who are accepting Junior Savings Account. So much there you can open an account for your kids so when they turn 18 they have the money. So probably your kids is already in college. The other way to help your kids education by getting Educational Plan. So when by the time in college whatever happens they have money in definitely they can study at their preferred School's.
So for starting, there is Prudential Bank, Coco Life, PhilAm or Philippine American Insurance am I correct, Axa these are reliable to ensure your kids education.
Now let's go back to the question is it really possible to retire early definitely yes. There are people who are retiring early and do what they love to do. So how would you do that.
1. Savings yes just save so when you start working after your college graduation let's say your 20 or 21 start putting aside your 10% of your salary.
2. Insurance or Mutual Fund. Insurance does not only mean for Life Insurance but also serve for your dreams for Investment, like a Car, House, or Condominium or Resort. Or how about putting it in stock or btc
Note: Never invest if you think you think you have an insufficient fund. You must have a fully equip before you invest.
Because in these let's say Insurance 10 years to pay 10 years to wait and by then you can lump sum it or by pension for your whole life. So that means you have an expected monthly pension without worry to your financial. So you can travel or just open a business that you love.
There are banks all banks, who are accepting Junior Savings Account. So much there you can open an account for your kids so when they turn 18 they have the money. So probably your kids is already in college. The other way to help your kids education by getting Educational Plan. So when by the time in college whatever happens they have money in definitely they can study at their preferred School's.
So for starting, there is Prudential Bank, Coco Life, PhilAm or Philippine American Insurance am I correct, Axa these are reliable to ensure your kids education.
Now let's go back to the question is it really possible to retire early definitely yes. There are people who are retiring early and do what they love to do. So how would you do that.
1. Savings yes just save so when you start working after your college graduation let's say your 20 or 21 start putting aside your 10% of your salary.
2. Insurance or Mutual Fund. Insurance does not only mean for Life Insurance but also serve for your dreams for Investment, like a Car, House, or Condominium or Resort. Or how about putting it in stock or btc
Note: Never invest if you think you think you have an insufficient fund. You must have a fully equip before you invest.
Because in these let's say Insurance 10 years to pay 10 years to wait and by then you can lump sum it or by pension for your whole life. So that means you have an expected monthly pension without worry to your financial. So you can travel or just open a business that you love.
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