November 18, 2015
Find out how to invest your gratification in the best way
A few weeks after the end of the year, we advise you how to use this extra payment in options that will benefit you in the short and long term
For many people, the bonus is usually one of the most anticipated “extra” income during the year, since it is an amount equivalent to a salary and because it also becomes an excellent opportunity to benefit the family in different areas. Given this scenario, we recommend some useful investment options.
Life and health insurances
Anthony Sierra, CEO of BMI recommends that one of the best ways to invest and diversify this extra payment is the choice of insurance, either health or life, depending on the need of each client. Today, a large number of people invest the 10% of their bonus or Christmas bonus in this type of service.
"There are life policies that have a guaranteed minimum rate, which only require small installments", Sierra declares. 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 with a fixed return or through investment funds, he adds
“Besides life insurance; BMI has different health insurance plans such as Flexi Plan III, which is designed so that the client himself defines the conditions for the satisfaction of his requirements o Series 3000, the most sophisticated plan, which offers worldwide and lifetime coverage to 100% ”, Sierra comments.
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 we take a load off ourselves 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" Sierra points out.
