Two more quarterly payments for the insurance plans I am paying for and I’m almost free of these financial obligations. Even if the premium is not that big and the quarterly payments not too high either, there were times that I felt paying for these were a bit of a “burden” because of the unforeseen emergency expenses we meet here and there.
So I’m thinking, should I get another one? A senior life insurance or a retirement plan perhaps?
How did I save for the quarterly dues?
- cutting down on expenses like eating out and impulsive buying
- purchasing only the necessary things we need
- saving extra money for the premiums’ payment
- thinking about the savings I would make when the “right time comes”
The one who sold me the plans, a mom of a former student told me this: get plans that best suit what you can pay for so you won’t be disappointed for not being able to pay for something you can’t. It worked.
