We are on our 3rd month of being together as husband and wife, and we are getting better in handling different situation and deciding together on what we want in our future, and one of those is financial independence. at 30s, gone are the times where we spend our money on mundane purchases. At these age, we should think of our future. We may not have kids now, but it is better to be prepared. Our client, Lifestyle Upgrade 101, introduced us to an amazing financial advisor, Mr. Ariel Mañalac, and the rest is history.
As we are preparing our life ahead, we mutually decided to purchase an investment/insurance plan/policy for Php 2, 058. 00 for each of us. It means a total of Php 4, 117 per month combining the two investment policy. Yes, for just Php 4,117/month, we can both enjoy the following benefits:
- an insurance coverage of P1,000,000 each to provide continuation of income for the one who will be left behind.
- It will also provide cash fund of P500,000 in case someone becomes critically ill so there will be some fund to pay for the treatment.
- 18 years from now, the combined fund value of the 2 plans at 10% projected investment performance is about 1.5 Million, which you can use to fund the college tuition of your child.
- At age 65, the combined fund value of the 2 plans at 10% projected investment performance is about 9 Million.
Awesome, right?
Us, millennials, spend our money on trivial things. At Php 4,117.00, you can buy the following:
- A Starbucks coffee for every single day (hello, calories!)
- An expensive phone in a monthly postpaid plan basis (which eventually, will not matter in few years)
- Buffet for 4 people (Yes, calories, again!)
- Trendy clothes and beauty products.
But, are you willing to splurge that amount, when you can invest that for your future and retirement?
We are not getting any younger. So, it is wise to invest early, for yourself and your future.
If you would like to create a financial plan for you and your husband, you may get in touch with Ariel Mañalac at +639153340175 or arielmanalac@gmail.com
