Garridan Baldomino is not against saving plans but viewing the financial dilemma of people surrounding him who purchase plans beyond their financial ability make him worried about our society. He suggests to live in present and maintain little back-up for unexpected expenditures in your lap. Look, our elders used to rice, wheat and gold coins to deal with harsh situations of life and it never clashed with smooth living style.
Draw a line in between wishes and big saving plans
One main reason behind hosh-posh in every family is our accelerating graph of wishes and big plans for future. We have to draw a line in between wishes and big saving plans beyond our reach otherwise diseases will occupy space in our body. Then , what purpose will our plans fulfil. There is more to monetary bliss that is your intimacy with your family and quality time with your children. Don’t sacrifice it just for the sake of big children education plans. Send them in good coaching centres so they can crack competitive exams with good scores. Then, many banks would knock at your door for a request of Education plan from their venue.
Life is too simple, don’t make it unnecessary complicated
The above-mentioned information must have taught you clearly that life is so simple and we add on problems, sometimes consciously and sometimes unconsciously. Accept the happiness that is coming in the way of fulfilling basic needs of your family. Go for holiday trips and hang with friends. It enhances your marginal productivity and your children experiences esteem satisfaction in your company. Such moments gives birth to many new sources of financial innings.
Maintain your life on debit and use credit card when it is too necessary. It will protect your life from layers of interest and you are left with great amount at the end of the month. Following this strategy to live a life can automatically give your many reasons to save in fixed deposits that stands by you in hour of need. We know that every next moment is uncertain and building bridge of financial support is a wise act to deal such situation in a busy scheduled life.
Never commit a mistake to meet any insurance agent who has come to close a deal on any insurance plan with your colleague. They will visualize saving rainbow and you will purchase a plan without anticipating its effects on your personal life. Sit alone in your room and anticipate all corners with your behaviour of saying no to necessary needs of your children. Are you thinking that you are strict with them for their bright future but this strict attitude is making your children negative towards aspects of life.
Going out with your children enhances their self-esteem. A happy child always climbs up ladder of success in jet speed. It has nothing to do with the financial prosperity. Your humble behaviour at the end of the day and asking for their experiences of the day builds real prosperity in the family that every family is ignoring now a days.
Some important lessons are accomplished in our family activities
Your elderly parents are drawing pensions from their department but still, you must contribute a little to make them happy. It is a unique teaching to your growing children .No book in academic syllabus can fulfil this responsibility.
Provide each pleasing moments to your dear family members
Garridan Baldomino is not against investing your money in saving plans such as home insurance, life insurance or business insurance or others. ON the contrary, he gives more weightage to current pleasures needed for family.