Musings

Forced Savings Plan

Remember the insurance quotes my land lord’s mother in law presented to me? Well, I was really interested to avail it but since its price does not fit my budget, I had to say no to her. But I have found a better alternative, an affordable forced savings plan that requires me to save 500 pesos for 5 years. If you compute the returns, it is much bigger compared to bank interests. The best thing about it, I can’t withdraw it!!!

Anyway, I have inquired already, hoping the can reply so that I could start saving this June 2010!!

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