iPLAN for crises/emergencies

1. Put up a savings account. 

As early as you can, start to set aside a portion of your monthly salary to put up and build a savings account.

2. Get a savings plan. 

Today, many companies offer a variety of savings plan. iPLAN is the first FORFEIT-FREE plan. It is a savings program that protects you and your family with accident and term insurance riders.

3.  Invest while you’re young. 

When you’re younger, your needs are optional. More often than not, young people justify their “wants” as “needs.”  Think carefully and be practical.  For instance, sacrifice a frappucino for a worthwhile investment.

4. Put up a small business. 

If your time and budget permits, put up a small business while you’re young.  It will not only give you extra income, it will also give you basic knowledge in managing a business.

5. Help friends as much as you can. 

When the going gets tough, we ask for a friend’s help.  Make sure you don’t make them feel for granted when it’s they who ask for your help.  You never know when you’ll need them again.