Saving for your Future

So many temptations would be around nowadays that are just screaming out at us to spend our money. There would be shops that would offer buy one, get one free promotions on food. There would be a sale left and right, in seemingly all our favorite stores.

On top of all of this, online shopping is now available, along with food delivery apps. This means that we would not even need to leave the comforts of home to go shopping. 

These are just a few examples of why it is so difficult to save money in this present age. What can we do to save money? We have the answer for you!

How a life insurance policy can help you save for your future

Manila Bankers Life can help you save money by providing life insurance products that will promote savings and make it easier for you to set money aside for you and your family. Manila Bankers Life or MBLIFE has a plan called Money Saver, and you can deduce what that plan can help you do.

What is MBLIFE’s Money Saver plan?

Having savings would be useful in times of need. Many people do not have enough savings to be able to survive financial crises without borrowing money from friends or family. This is where MBLIFE’s Money Saver plan comes in.

This plan would include the routine death benefit that would be included in any life insurance plan, but then it also includes many other cash benefits that can be used as a retirement fund, savings account and travel expenses and more. This is one of the things that MBLIFE can provide. By getting a Money Saver plan with MBLIFE, you can be assured of savings, because part of the funds that will be put aside for premiums will be set aside for the cash benefits. Hence the name “Money Saver”.

On top of this, having an insurance policy with MBLIFE would ensure savings for your family’s future because you can treat your premium payments as a regular expense (that accrues savings over time) while being able to still spend money on the things you love doing. Going shopping, having a nice family vacation once in a while can still be done, and as you pay for your life insurance premiums, you will still be able to have savings.

Why we need to have savings

Saving for the future is something that we would all struggle to do. We would all need to have extra money, one time or another. There will always be something that we would want to buy, or worse, there might be some emergency that would require money. Some people would not have that extra buffer of money during emergencies. 

Savings are supposed to be in place so that in case anything unexpected would happen, we would have the means to face those problems. If you find saving hard, taking out a life insurance policy would help. When you need extra funds because of a financial bind, you can be able to borrow against the amount of the policy and just re-deposit the borrowed funds to complete your savings when you are able.

Saving would not be difficult. You just have to be smart about it. You don’t need to starve yourself or miss out on the fun side of life just because you want to save for the future. Having savings would only be one way that a life insurance plan with MBLIFE can benefit you. Talk to one of the financial advisers of MBLIFE today, to start saving for your future the smart and easy way!