Sunday, November 4, 2007

How To Beat Uncertainty In A Difficult Job Environment

NTUC INCOME did a recent survey on how one should plan his or her finances to cope with rising job and earning uncertainty.

Three key findings were ascertained.

FINDING NO. 1 -
Most choose to reduce expenses to cope with job uncertainty


** Save 10 to 20% of earnings by reducing expenses - 73%
** Not possible to save due to existing commitments - 27%

FINDING NO. 2 -
Most prefer a flexible savings plan


** Flexible insurance savings plan - 66%
** Traditional life insurance plan - 24%
** Leave money in the bank - 10%

FINDING NO. 3 -
Most prefer to invest their savings to achieve
moderate risks and returns


** Moderate risk and return of 5% p.a. - 52%
** Low risk and return of 3% p.a. - 29%
** High risk and return of 7% p.a. - 11%
** No risk but with return of 0.5% p.a. - 8%

The question is how to beat the Uncertainty?

Well, you don't need to look further. NTUC INCOME has financial plans that give attractive return at low risk.

If your financial future means a lot to you. Don't procrastinate, call me or drop me a note immediately let me help you to select a suitable plan that can meet your future financial needs.

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