28/03/2022
Assalamualaikum and good morning.
Investing? Savings? Medical? Hibah? Income Protection?
What are these and what are the important benefits of having your financial pyramid sorted? Have you ever feel like there's something missing in your life and you just can't put your finger on it. Try and look back into your financial pyramid and check whether all of the above are secure.
Sometime we thought everything is well enough for our life, however we sometime forget that we have families that depend on us, the inflations are chasing us, and life just gains on us.
I too have the feeling that all is enough for me to get by day by day, however as i look into my Pyramid, and strategize my own financial wealth planning - it is not near enough as i have kids to support, responsibility, lifestyle expenses, medicals and so on.
As i calculate, I need more than RM 3 mill, to sustain my lifestyle with kids, and responsibility when i retire; i need to insure my families safety by providing them Medical Cards and Hibah and I also need some surplus money for any emergencies.
I would recommend everyone here to revisit your financial Pyramid to check whether all is well covered or there are some holes in your pyramid. As u know, if the most important thing have a hole, your financial can fall in an instant.
