The Big Picture:There are jobs that are legitimate and lucrative that simply did not exist before. For example, there is a way to monetize large social media followings and the title “influencer” is now largely accepted. A prime example of this is Ryan ToysReview, which earned a six-year-old boy $11 million a year in YouTube.
Another way that the job economy has changed is that geography is no longer a barrier. More companies are embracing the concept of remote work. The implication of this that there are more ways to gain income – in addition to, or outside – the typical office scenario.
In Personal Finance: Anytime there is an opportunity to increase and diversify sources of income, there is a chance to invest. Investing is a good way of using income that is earned because it secures the future, in addition to providing a comfortable life in the present.
A lot of the trends that swept through 2017 is poised to continue in 2018. To make this year a year of sound financial decisions, focus on what matters: providing a good life for family. A good option that addresses this is the Build Estate Plus by BPI-Philam.
It is a unit-linked protection plan that covers estate taxes, provides life insurance including additional options for disability and illnesses, and provides access to the BPI-Philam health and wellness program. Any choice made to improve health leads to an additional 20% life coverage and supplementary benefits as well as rewards from partner establishments.
There is no sure method to predict what each year would bring, but with Build Estate Plus, there is a way to keep yourself healthy and protect the legacy that you are making.
To know more, check out the BPI-Philam Wellness Series or head to a BPI branch near you and talk to a Bancassurance Sales Executive.