Skip to main content

Is It Really Possible To Retire at the Very Early Age?

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.

Comments

Popular posts from this blog

How to manage your finances or Budget

One of the most difficult task is to budget or managing your finances, see for example you have the salary of 50k and your house mortgage is 25k so how do you budget with that with slashing half of your salary plus your electricity bill, water bill and of course the internet fee. The best thing you could do is make sure you have a grocery for a month avoid those that unnecessary things like dress, shoes, buy the nice one of that will last for a lifetime. Don't buy the cheap one because its only last for a month or in a few use. So its better to buy the classic one not a trendy, but at least you can buy once. And the other one is eating in a high end have you tried to get your fry pan or sauce pan to joggle the vegetable. Cooking is fun its not what you think. And also its delicious and healthy food that you serve in your family. And also not to buy that thing not important. And make sure you have a cash, I didn't mean credit card, you know its very convenient if you have a ...

Unexpected Happened

All our itenerary is base on our calendar or our availability. And sometimes we do some planning. In all our efforts is we put on our trip or whatever it is all about. But suddenly it will cancel for whatever reason. That's not okay. Sometimes if it's happen for a reason. So move on and go own with your life. But the most amazing and surprising things to do is that surprise your family rousing them to bed packed your bag and go somewhere for a day. And don't let them change their dress and put them on the car. You will be surprise this is truly memorable and even in a lifetime. I know someone did this he and he's nanny prepare for everything the foods and surprise the family rousing them to bed and go to the beach there's no clothes to change. And the resort no dress there available except for some shirt. That would be fun. You don't need to be rich for fun but it will truly memorable. Planning is a great one but if everything else is failed then go for...

What Happen When The Company Transfer To Another Place?

When the. company starting their business in a particular place everyone's welcoming them with open arms. Because that's an opportunity to bring some employment, a better services in so on. And most especially more new products. But what happen when the company or investors are transfer to another place. Here are some reasons. 1. Finished of leased Contract. If the Company does not want to renew their contract and find a better place. 2. They have less and less customers. That's why there is feasibility study, if your business in that particular place is the right one or what is your target customers. All in your feasibility study. You should know who will be your customers, if your products is for Class A, Class B or Class C & D. That's why there's a research to determine what kind of people are living in that particular place. 3.  And last but not least you made your customers looking for you especially they bought the products within a warranty unles...