Start by planning ahead - What are you Saving for ?
Let your
Partner Force you to Save. {Note: Not all Savings plans are “Forced” savings
plans}
Any
savings plan depends greatly on your specific circumstances.
In many
instances the terms saving and investment are used interchangeably. Longer-term saving usually involves some
investing, this will help your money grow so you can afford something in the
future, for example your children's education or your retirement. Most
investments involve an element of risk. It’s important that you understand this
risk and the risk in return on your investments. Contact Us to explain.
Our
partners offer quality investments and guaranteed portfolios in the form of education,
saving or investment policies. These force you to save, because you are bound
to a contract for a fixed period.
We at
Procon will help you to:
- Manage
your savings plan by adding valuable benefits – to eliminate “the risk”. These
added benefits should be one of the reason why you save through an insurer.
- Shop for
the lowest cost structures. Cost structures are often complex, because of the
complexity, assurers often express total costs as the “reduction in yield”
(RIY).
- Afford
things you need in the future – ease financial stress.
- Build capital
outside of a retirement fund and which is accessible before you retire.
- Construct a
sensible asset allocation – dividing your savings among different asset classes
– is always a good way to balance risk and reward.
It's a
good idea to save for events you know are coming up in the short-term, like
holidays or Christmas. This means you will have some money put aside when the
time comes. Saving for the short-term allows you to access your money at short
notice, while earning some interest and keeping your money safe.Saving and
investing is an important part of planning for your Wealth. Also, be sure to check out any available auto
insurance discounts. You might be surprised at what you qualify for, and just
how much you can save. Use these savings to save. Contact Procon.