My blogging friend, Teeyah, asked me this question and the only answer I can come up with is "Have enough money to pay for the baby!" But that's kinda dumb because Vince and I already have enough saved up for the baby. So what we really need to do is find ways on how we can make our money work for us. Our savings are all in the bank but we know there are other ways to make money grow faster, like stocks, bonds, treasury bills, time deposits, etc. But we're not well-versed in matters like that so, for 2010, our financial goal is to understand what money-growing tool we should invest in... and invest in it!
We're also thinking of buying medical insurance and pension plans and college education plans. But maybe the college plan is dumb because what if the kid doesn't want to go to college (I don't believe in college)? As for life insurance plans, we already have those--we bought policies when Vince and I were in our mid-20s, which means the life insurance rates we pay are really low. I suggest that you buy a policy, too! Mine is the Sun Milady Plus from Sun Life and I pay just P3,000++ every 3 months. So affordable!
How about you? What's your financial goal this year? Leave your answer in my comment box and you can win your very own Sun Life Daily Organizer!
You have until January 15 to join this contest and win that planner. Five readers get their very own planner delivered right to their doorstep!
This is out of Teeyah's generosity, by the way! Thanks, T, and I promise to announce the winners of my OK! contest this week!!!