Date: 30 Nov 2009 Comments: 1

The question here is when will it be enough? It is never too little or too early to cultivate the good habit of saving, because the sooner you start the more months you can take from your monthly paycheck/income to save and the longer your money gets a chance to grow.

You could be surprise when you do reality check of yourselves. Like counting the number of paychecks left before you reach your retirement. 10 more years time for instance, thats just another 120 paychecks away! You still dare to wait?! And choose to just spend all the money month in and month out?

Despite our grand new year resolution to start saving more, many seem to always fall behind their planned saving schedules. It is best that you put your money aside in a systematic manner through an insurance plan, a regular savings plan, a recurring investment programme. Start with an amount you feel comfortable with and gradually step it up when you gain more confidence in setting aside the commited amount.

I congratulate you if you are commited in savings and growing your savings!! Pad at your back. Well done! Thats a gd start.

But what if anything happen? Kidney failuire for instance, can cost you close to $10k per month on just dialysis and medication! Isn’t that means it will eventually deplete your hard sweat savings? You are too weak to work and besides the cruel fact is, who would want to keep a sick employee?

Thats why we need to protect our wealth as well by putting our risk to others. Others? Relatives, siblings and parents? Hoping that they will help us when we in need?

NO pls don’t! I am sure you would naturally feel bad to seek help and burden your love ones who also have their on lifestyles to account for. Therefore be smart! Put or transfer the risk to any financial institution NoW!

You maybe young but you are not immortal. Even more challenging if we still living but are diagnos with illnesses. Statistic do show that we are now five times more likely to suffer for illnesses than to die before age 65.

Hope you see why it is very important to make it enough today! What not enough when you in good health today is still something attainable. Not when it is already too late.