The Year of the Metal Ox is said to be favorable to all By Kaydee Dela Buena
Life has been tumultuous the past year. But hope is on the horizon as the Chinese New Year brings new, positive energy. Luck is on your side this year of the Metal Ox.
According to the Chinese Zodiac, the ox is known for being methodical and hardworking, so this is the year when you’ll reap the fruits of your labor—if you play your cards right. Take advantage of this auspicious period to double your efforts and kickstart your financial goals. Prosperity, growth, and success are all definitely possible.
However, while we can harness the great opportunities of 2021, we must also remember to complement this good energy with our own thoughtful actions, especially when it comes to financial planning. This is the fresh start you’ve been waiting for so review your goals and lay out a plan. And as you do so, ask yourself these following questions.
What are your short-term financial goals?
Whether it’s buying a car, building your emergency fund, getting insurance for yourself and family, or finally dabbling in the stock market, it’s important that you do your research.
While enthusiasm is good to have, knowledge is better and more useful when it comes to making more informed and sound decisions.
Also, there’s no shame in seeking help. When it comes your financial goals, you can seek the help of an expert like FWD.
What are your long-term goals?
Beyond the three to six months, what is the greater goal that you wish to achieve? Is it buying a home, starting your retirement fund, or planning for the future of your growing family? These dreams differ from person to person and there shouldn’t be any limits to what you dream for yourself. However, what helps turn these dreams into reality is a clear and sound plan. List down your long-term goals and prioritize, which will help you focus and better allot your energies and finances.
How do I plan to reach them?
Now that you’ve reassessed your goals and listed them down. How do you get from here to there? What steps should be taken?
Goals require commitment and investment, and you can grow that capital/ investment needed by exploring different options. You can save money from your current salary, invest in mutual funds and similar programs that help grow your money, or pursue side hustles for additional income.
In this pandemic, wherein most employees work from home, you can maximize the latter by become an FWD Affiliate. Under this program, you can earn rewards and use these to achieve your goals—and you don’t even need to leave the house.
The system is simple. Refer customers and earn rewards points if a referral closes a deal or purchases an insurance product. And you can easily generate these leads by sharing FWD pre-generated posts on social media, or customize them to your liking for a more personal approach. You don’t need capital or any special skills; just commitment.
What security nets can I put in place?
Now that you have a plan, how can you reduce risk and protect yourself? This is where insurance comes to play. As you strive for your dreams, don’t be held back by any fears or hesitations.
Lay down the safety nets that ensure that you and your loved ones are safe and secure as you take the great leaps forward. FWD offers a multiple critical illness insurance plan FWD Set for Health and lifetime insurance protection with investment benefits FWD Set for Life, which give you the very confidence and peace of mind you need.
How can I grow?
Of course, not everything is about money. Aside from the tangible goals, we also seek meaning and purpose. Many of you may have asked yourself, “How can I grow and how can I help other people?”
The FWD Affiliate Program also fulfills this deep, human need by allowing you to be a channel and force of influence. Whether as an agent of affiliate, you can make a meaningful impact on others by inspiring them to take control of their own lives. With just a simple sharing of posts and articles, you can inspire real change in your immediate network.
Remember, this new year is about fresh starts and new energy. Take advantage of it to bring back focus to your life goals. How do you want this year to work out for you?