Saving

Saving is the best practice for healthy finances, however, it is something they practice very little.

Saving consists of saving or stopping the consumption of a part of the monthly income to create an economic fund that is destined for a specific objective such as the purchase of a house, car or other economic objective, or to be used in some emergency case.

A savings fund is useful for.

Emergencies.
Times of scarcity.
Studies.
Purchase of furniture and real estate.
Retirement.
Family planning.
Purchase of vehicles.
Commercial expansion.
Family protection.
Fun and vacations.

A savings plan is structured depending on the need or goal you want to achieve, for this you must establish exactly what you want to achieve, the exact cost of the goal to achieve, % estimated inflation (if applicable in the country), % extra for unexpected expenses and time to reach the goal.

The current pandemic situation has taught us a great lesson about the importance of having a savings fund. Many have lost their jobs while others have decreased their income.

One way to encompass several key objectives of a savings fund is life insurance, with this you can plan personal finances, structure a protection plan for your family, design a retirement plan, create a financial fund for the children's studies and accounts with a financial % to smooth out debt or unexpected expenses.

If you want to know about insurance plan offers, contact us and we can advise you in a personalized way to make the best financial plan for you and your family.

Schedule your consultation here.

Phone +1 (773) 671-4357

Mail. Tina.brokerffl@gmail.com

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