Reported 8 months ago
As graduation season arrives, Far Eastern Life advises new professionals to establish basic financial security before planning finances. They suggest focusing on 'budget control and reasonable planning,' 'prioritizing current needs,' and 'regular policy check-ups' to gradually plan and take on more responsibility. By following the 6-3-1 rule of financial allocation without affecting daily life, one can ensure their needs are met and prevent disruptions caused by unexpected events. Far Eastern Life stresses the importance of risk management and prevention, especially for young professionals with limited income, recommending starting with term insurance and moving on to permanent coverage later. By taking these steps, individuals can better protect themselves and their families from potential financial impact caused by accidents or illnesses.
Source: YAHOO