A week ago, there were 2 people came into my finance class introducing themselves as book writer of “PENSIUN GAUL”. What makes me bought their book was about their presentation on restructuring your expense as soon as possible. They said that we need to look after the future of ourselves in age of 58 onwards. Healthcare insurance and cash are very important to have on those ages. Some people also need the money to keep their busy life by traveling, running their own business, or maybe raising their grandchildren.
Expense should be managed from the earliest stage of our life. Some people may have experience that increasing income may also increasing their expense. Their lifestyle may also get higher as their income increased. Once this lifestyle be entertained, we often forget about where the money goes at the end of the day. The worst case will also made our monthly salary to pay credit card bills. Does this happens to you?