Meaningful gifts for yourself or loved ones in 2023
HERE are smart strategies to make your hard-earned monetary benefits last for yourself and the ones you hold dear.
Reward yourself and others
Rewarding yourself is a good habit to build — a good motivation to keep going and feel proud of your accomplishments, both big and small. In wanting to share your blessings with others, you may book your loved ones a staycation or spa retreat or offer the gift of education by sponsoring a child scholar.
Save or get a head start on investing
Tuck money away for a specific goal or simply boost your savings. If you’re in your early 20s or even much later (better now than never), start investing. Sound options include:
– Mutual funds, where you can start investing for as low as P1,000.
– Stocks, a high-risk, high-reward option where you can flex your investing muscle a little more.
– Real estate, where you can check if your bonus can cover part of the down payment for a lot or a condominium unit.
– Fund home renovation or a DIY home improvement project.
– Use your extra cash to make your home a better place to live in. It doesn’t have to be a significant home improvement plan; you may simply allocate a budget to replace old roof, wires and sockets, or plywood.
Give the gift of wellness
Prioritize your health and wellness by finally going for that gym membership, shopping for new workout gear, or paying for services that promote good health, from organic food delivery to nutritionist services. You may also ensure a safe, healthy future through insurance, which is often overlooked yet keeps you covered when tragedy or illness strikes.
While there are many options for insurance coverage out there, Sun Life Grepa Financial Inc. (Sun Life Grepa) is among the few that offers a comprehensive life and health protection plan.
For more information, email wecare@sunlifegrepa.com.