Financial Security

What Does it Mean to be Financially Secured?

One of the top goals of people is to be financially secured. Remember that when achieving this we need to consider many factors. This goal can e achieved differently by people depending on their status in life, lifestyle, financial status, and the person’s goals. This pandemic has also affected each person’s goal of achieving financial security. This pandemic was unexpected and many were not prepared especially financially. For many, their emergency fund has been completely…

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Financial Security

Financial security in old age – tips for successful retirement planning

The prognoses about increasing old-age poverty are unsettling especially the generation that will be going into well-deserved retirement in the next 15 years. The steadily rising cost of living must also be borne in retirement age. As a general rule, the old-age provision refers to financial security in the phase of life that follows professional life. This is usually the retirement age. Today and in the future, the statutory old-age pension is only around half…

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Financial Security

Financial Security Amid a Pandemic

Plans have been cancelled, Jobs have been lost. School years moved, travels banned. This is 2020- a year severely affected by a global pandemic. Among other things, it is guaranteed that the most loss people around the world has experienced is that of their pockets. Money, savings, and investments, all placed under a critical state. How does one simply recover? It really isn’t that complicated. Many organizations and agencies have stepped forward to lend a…

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Financial Security

Financial security: Its importance

Financial security describes a state that you can achieve through saving. You are in financial security when you have enough money to master the hurdles of everyday life. You are financially secured when you are able to respond solidly to small disasters, would cope with a job change, and be able to confidently move to another city or repair your car after you have had an accident if the insurance has not yet paid for…

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Financial Security

Financial Security is an Attainable Goal

Most of us would like to be financially stable at some point in our life. It’s the best gift we can give ourselves and to our family. To achieve this one should practice effective financial habits. As easy as said it requires discipline. This goal is attainable. We have to cut accumulated debts, increase financial security, and savings. These habits may help you to be financially secured in the future: The Key to Being Financially…

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