The Provident Mom

In my previous post, I talked about why I got a Critical Illness Plan   and why you should too. A Critical Illness Plan is something that would protect you, your family, and your investments if in case you get critically ill.  This time, I'll be talking about another investment that, instead of giving you health or life coverage, it will help you grow your money. Everybody is talking about inflation and we always get angry when prices go up and high. We all know that before, you can already buy a lot with just P100.00 but now, it is not even enough for a one-day meal. This is because we are not taught on how to manage our money and invest wisely. What we know is that when prices go up and taxes go high, it would affect us in one way or another. So, how do we really grow our money? There are many ways and I would love to talk about all of them but for this blogpost, I will only talk about one way of growing our money. First, we must remember these 3 reminders from...

On my previous blogpost , I talked about being financially free .   In that post, I talked about why we should start making our way to financial freedom. One of the reasons is to avoid going into debts and selling our properties when we get sick. We all know that healthcare is very expensive, especially for critical illness like cancer, etc.  With our environment and the kind of food that we have nowadays, plus our exposure to radiation, it is inevitable to get sick someday, somehow. So, what we really need to do it is to prepare for it.  How do we prepare when that time comes? There are two choices but these two are equally important. One is getting a basic  health insurance and other is getting a Critical Illness Plan.  I'll be focusing more on the latter.  Last year, an insurance/investment agent who happens to be a friend of my husband invited is in their office so he can propose an investment plan for us. So, we went there and we were assessed...