Heeding the Wake-Up Calls
Marie Rose learned financial planning very early, at the age of ten, to be exact.
Candidly, she reminisced about the small beauty parlor that served as their family’s main source of income after her father died. Together with her mother, she struggled to survive and vowed to study hard in order to land a job.
Another pivotal moment sounded the next wake-up call for Marie Rose. “I seriously started planning for my financial future when I got married because when I was still single, I really didn’t mind spending all my salary to shopping, travel, and other unnecessary stuff. My husband didn’t have a permanent job so I really have to keep a portion of what we earn from our buy and sell business,” she shared.
However, it was an accident back in 2001 that Marie Rose considered her loudest and most urgent financial planning wake-up call. Soon after recovering, she bought life insurance for herself. Also, she took investing seriously while convincing her friends and colleagues about the wisdom of being financially sound and protected.
“It’s really a big help if only people will look at it as a wake-up call. Most people don’t realize they need financial planning until they reach a certain age, at which point it’s no longer as easy and as doable,” she cautioned. So, while it’s never too late to start financial planning, it’s always better to start early.
