How to Stay Financially Lucky in the Year of the Rat

20 January 2020

When it comes to money matters and financial decisions, it probably won’t hurt to take a look at your luck. In the Philippines, the Chinese New Year forecasts are a big deal, with many people tuning into what feng shui experts have to say about their fortune.

This 2020 is the Year of the Metal Rat. Traditionally, rats are considered a sign of wealth. It’s the first sign of all the zodiac animals, meaning it brings with it an energy of new beginnings, action, and a breadth of possibilities. Because of this, 2020 promises to be a generally prosperous year for most signs.

If you’re looking to see what this year will be like for you and how you can keep good juju on your side, then continue reading.

Balance leisure and saving

Budgeting is an important aspect when it comes to managing your finances. Setting a clear distinction between your wants and needs is a great way to start. You can outline all the necessary bills that need to be paid off, set aside a portion of your salary for your savings, and check if you have extra cash that you can use to treat yourself.

Just like the concept of yin and yang, it’s equally important to reward yourself just as you would save money for the future. Indulging on your wants from time to time gives you a sense of motivation and happiness, and lessens feelings of being trapped or oppressed due to overwhelming financial responsibilities.

The importance of saving is pretty straightforward, too, in the sense that you need to be ready for a rainy day and reserve your money for bigger goals you may have for yourself in the future. Being financially responsible starts with how you treat your money.
Go slow and steady

To help you with budgeting, you can take it easy and start small with money challenges that can develop your discipline in saving. Take the 52-week savings challenge, for instance. The concept is to increase the amount you’re setting aside every week incrementally, so you don’t feel the pressure of saving from the get-go.
Start a business venture

The energy of the Rat promises fresh starts, renewal, and a lot of creative energy. For this reason, feng shui experts see it as a good sign to start a business and people’s careers taking on new heights.

If you’re looking for a good omen, this may be the sign you’ve been waiting for. But, of course, it’s also essential to look at this from a logical perspective and evaluate first if you are ready to finance and manage a business. If things go well, your venture can take off and help grow your money!
Have a positive mindset with money

The adage “you become what you think” has some truth into it, and with Chinese astrology, this is a pretty big deal. For instance, if you keep on viewing money as challenging to earn and have too much pent-up frustration, this might affect your capacity to make financial decisions. You can lose sight of the bigger goal and give up easily.

As such, it can be beneficial to have an optimistic outlook when it comes to your finances so you can attract even more good vibes. Setting achievable goals that you can hit can motivate you with your quest to save money and build a better future for yourself.
Be smart with investments

In line with new beginnings, now may also be an excellent time to start investing in things you may not have previously thought about yet. Things like life insurance or health insurance can be helpful, and its benefits will go beyond 2020.

According to the feng shui forecast, all the zodiac signs will enjoy good health this 2020, but you shouldn’t rule out emergencies or health problems overall. It’s still a good idea to be prepared for anything, so getting reliable health insurance like BPI-Philam’s Critical Care 100 plan can be a buffer. Doing so can save you from costly medical bills in the long run.

Keep Luck on Your Side

As with any new year, you get to reevaluate your finances and reset your goals. Take advantage of this time to plan your year wisely and keep your finances in check. Don’t forget to enjoy and set aside some time to rest too. Real luck and good energy can be attracted if you take care of yourself and arrange your priorities in the best way to support your future.

To get a jumpstart on any financial plans you want today, try exploring investment packages from BPI-Philam, one of the leading insurance companies in the Philippines. You can ask for a quote and talk to a Bancassurance Sales Executive at any of our 900 branches nationwide.

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