And Audrey Was Her Name: Personal

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Do you think you still have the time? Trust me, you don't. Don't waste your youth on youthful things and experiences. Or at least, those that are sold by your generation, mine are the millennials.

I am now 40 and here is a list of what I wish I knew and done when I started working after graduation. I should've known back then to invest my salary as early as possible.

1. Memorial Plan and Memorial Lot

Cosmopolitan Funeral Package and Manila Memorial Garden

The monthly premium is not expensive and can be paid in full in 5 years. Get this out of the way as soon as possible.

2. Real Estate

It doesn't matter whether you know or don't know where you will end up in the next 5 years, but one thing you must do is save up for that downpayment for a house. A house is considered THE BIG ONE purchase for all adults. It is not your wedding expense. So, as early as your 20s, save up for a home you can call your own.

3. Insurance

Start investing in a life and health plan as early as you can. It doesn't have to be the most expensive plan because you can always upgrade in the future once your salary increases and your career progresses.

4. Car

This is going to be controversial. It always depends on where you work and live. If the commute proves to be exhausting, some would say, buy a car. I would not call it an investment because cars devalue as they age but the energy you put yourself into on a daily basis to function at your best at work is the investment. If one day, you do end up buying a property located in a suburb because the housing costs less, at least by that time you have already fully paid your mortgage on the car.

5. Stock and saving options

Now is such a great time to invest. When the economy is down, stocks cost less. There are so many investments and saving options offered these past few years compared to when I started out adulting. For example, the PAGIBIG Modified Savings and PAGIBIG Regular Savings programs. And this example is just the easiest and most basic for just about anyone who is a member of PAGIBIG can do.

This is not the most exhaustive list out here on the web. Just a short idea of what you could work on. Do your research. Plan it out and most importantly, focus on the goal.

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