Find out how to invest the Christmas bonus in the best way
December 7, 2015
Life and health insurances
Ricardo Loew, General Director of BMI Costa Rica recommends that one of the best ways to invest and diversify this extra payment is in the choice of insurance, either health or life, depending on what each client has in mind. Today, a large number of people invest the 10% of their Christmas bonus in this type of service.
"There are life policies that have a guaranteed minimum rate, which only require small installments," says Loew. This type of life insurance gives you the option to protect and give security to your family, at the same time that they allow you to save through the chosen investment fund, he adds.
“In addition to life insurance; BMI has different health insurance plans such as Meridian II, with the elimination of the deductible you now have 100% of coverage for hospitalization inside and outside the country of residence (Except in the US) or Series 3000, the most sophisticated plan, which offers a worldwide and lifetime coverage to 100% ”, comments the manager.
Outstanding debts
Before thinking about gifts and trips, another option for the correct use of the gratification is to verify if we have any outstanding debt, especially if it is due to the use of credit cards, which due to being short-term, can end up doubling if they are not paid on time. Paying our debts on time does not take a burden off our shoulders for the end of the year celebrations.
Educational plan for your children
Similar to a pension plan, an educational plan is designed with the specific purpose of ensuring future availability of funds, so that our children or other close friends can cover the ever-increasing costs of tuition and accommodation related to their studies aimed at preparing for to practice a profession. "This benefit is particularly important considering the current evolution of the labor market that increasingly demands a significant degree of preparation" says Ricardo Loew
