Thursday, November 23, 2017

Term Insurance: Shopping Around Proposals and Quotes (Sunlife,AXA,PhilAm, Manulife)

Though I have been contributing regularly to my PhilHealth, I still would like to have another form of insurance and this brought me to research more about Term Insurance. 

Note: I talked to a lot of insurance agents and here's a thing I observed:

Female insurance agents: They talked and talked and pushed you to get VUL.

Male insurance agents: They are straight to the point. If you say you'd like to get a quote for term insurance, they'd give you what you want. PERIOD.

Personal Profile:

Age: 31
Non-smoker with no pre-existing medical condition

SUN Safer Life- 5 Year Renewable and Convertible Term

Face Amount: Php 1,000,000
1 to 5 years: Php 10,680 annually

Manulife YRT (Yearly Renewable and Convertible Term Insurance)

Face Amount: Php 5,000,000
Premium: 12,670 annually 

PhilAm Guardian 5

Coverage: 500,000
Accident and Health 1,500,000
with Medical Reimbursement  100,000

Premium (5 years): 8,171.47


The agent didn't send me the proposal via e-mail. I talked to him in person and AXA has the most expensive premium among the 4 insurance companies I've talked to. I was given a quote of Php 50,000 yearly. AXA's coverage is so extensive so I guess there's a price to pay for that. Personally, I think most of the things they covered are unnecessary for me. 

Final Thoughts: 

I haven't decided yet if I should get Term Insurance. I am researching about HMO (Health Maintenance Organization) and I will keep you posted once I gather more information about it.


Monday, November 20, 2017

Frugal Tip: Growing Food From Kitchen Scraps + Adobong Kangkong

I am not an expert urban gardener, but this I know for sure: You can always grow food no matter how small your space is. You can grow food on your windowsill or even your balcony.  Plus, you'll get immense  pleasure from seeing your small garden grow and getting food from it. 

Water Spinach or Kangkong grows like crazy in the tropics. A beginner urban gardener's plant. 

What's for dinner? Adobong Kangkong. Ingredients were all picked from my "garden"

Stark tending to some of our tomatoes

Lettuce, Garlic, Spring Onion, etc + My Little Helper

Adobong Kangkong and Spring Onion for Today's dinner 

Monday, November 13, 2017

Living Simply OR Earning More

"Living a simple, boring life OR earning more and experience finer things in life," I have been contemplating on that question for quite some time now and it makes me wonder, do we really have to choose between the two? Can we find a sweet spot? 

Life has gotten boring lately. I really want to travel more, but my budget won't allow me to do that. I want to buy a washing machine, but I don't have extra cash set aside for that. I want to install some blinds because even though my house faces an awesome view, the afternoon sun is killing me, but then again I don't have extra money for that.

You see, all of those things I want I can forego in the name of voluntary simplicity. I still want to take my daily afternoon nap. I still want to enjoy my time with my dogs. I enjoy my mornings with a cup of coffee in my hand while watching the sunrise. 

I am enjoying this simple, laid-back, slow life but I am still saving up for a washing machine.