Using life insurance as an estate planning tool in the Philippines is highly advantageous for several compelling reasons: 1. Estate Liquidity One of the primary benefits of life insurance in estate planning is providing liquidity at the time of the policyholder’s death. When a person passes away, their estate might include assets like real estate, … Continue reading Why life insurance is a good estate planning tool
In the Philippines, real estate is often seen as a stable and lucrative investment. The allure of owning property is strong, with many Filipinos viewing it as a symbol of success and security. However, there’s a significant risk attached to over-investing in real estate: becoming property rich but cash poor. This term refers to a … Continue reading How to avoid being property rich but cash poor?
As a personal finance advocate, being asked about investments and investing is a daily occurrence to me. I often joke that anything that every question relating money has been asked of me already. Building wealth is a preoccupation by many and investing one’s money is a crucial endeavor to wealth building. Investing is the act … Continue reading Should you participate in speculative investing
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