Early financial planning for a stable future

(Dan Tri) - In the context of life constantly changing, personal financial planning becomes necessary, helping each person proactively achieve long-term goals, prepare for risks to be steadfast in the face of unexpected events.

Financial management is thinking ahead

Many young people today face financial stress due to a lack of money management skills. Mounting bills, loan repayments or unexpected expenses can put them under great pressure without a clear financial plan.

Minh Anh, 25, living in Hanoi , shared: "My income increased by more than 15% compared to last year, and I didn't spend too much on shopping. However, at the end of the year, I found that I didn't have much savings. I was very worried when I realized that my big financial goals were still too far away."

Minh Anh’s situation reflects the reality of many young people today. To overcome these worries and build a solid financial foundation, it is important to set specific, achievable goals and practice the habit of strictly controlling spending. This is the key to helping young people be proactive and confident in life.

Setting specific goals and practicing spending control habits will help young people build a solid financial foundation (Photo: Shutterstock)

How to build an effective financial plan

A financial plan is not only a money management tool, but also a "compass" to help you stay strong in the face of any challenge. Therefore, the planner needs to set specific financial goals, clearly defining short-term goals such as building a reserve fund, saving for a vacation or making a small investment. These goals need to be measurable.

Assess your current financial situation by listing your income, expenses, assets and debts. This helps individuals understand their financial capacity and make appropriate adjustments. Allocate reasonable spending for yourself and maintain discipline to pursue the set plan.

Build an emergency fund to use in case of unexpected events such as illness or job loss. Starting with a small amount, individuals can gradually increase to reach the goal of 3-6 months of living expenses. In addition, investing in long-term financial protection such as buying life insurance is a suitable solution, helping to prevent risks and manage finances more effectively.

Life insurance is an effective solution for risk prevention and financial management (Photo: Shutterstock)

An Loc Accumulate Prosperity - A solution for protection combined with financial accumulation

Understanding the needs of customers, Dai-ichi Life Vietnam has introduced the An Loc Tich Luu Thinh Vuong insurance product - a suitable solution for those who are looking for a balance between financial protection and long-term accumulation.

The product is for customers from 30 days old to 60 years old, with flexible protection periods of 10, 15, 20 or 25 years. In the unfortunate event of death or total and permanent disability before the age of 71, Dai-ichi Life Vietnam will pay 100% of the insurance amount or total premium paid (whichever is higher), providing timely financial support to the customer's family to overcome the incident.

One of the outstanding advantages of An Loc Tich Luy Thinh Vuong is the maturity benefit. At the time of contract maturity, if no insurance event occurs, customers can receive a refund of up to 115% of the total premium paid.

Dai-ichi Life's Prosperity Accumulation helps protect long-term finances and offers attractive savings opportunities (Photo: Dai-ichi Life Vietnam)

In addition, customers can choose to combine additional insurance products sold by Dai-ichi Life Vietnam such as health care, hospital support or critical illness, etc., to expand the scope of protection. This flexibility makes An Loc Tich Luy Thinh Vuong a suitable choice for many customers, from young people who are just starting to plan their finances to families looking for a comprehensive protection solution.

No matter what stage of life you are in, building a habit of careful financial planning will help protect yourself and your family from unexpected events, bringing peace of mind and stability for the future. With a simple, easy-to-understand design and reasonable cost, An Loc Tich Luy Thinh Vuong is expected to be an option to help young customers feel more secure in their journey to conquer long-term financial goals.

Source: https://dantri.com.vn/kinh-doanh/som-lap-ke-hoach-tai-chinh-de-vung-vang-trong-tuong-lai-20250507114212508.htm