If you don't want to be penny-pinching when travelling, hang out with friends or going shopping, you should grow a savings habit and plan your finances, so you won't be worried about living from paycheque to paycheque.
Saving insurance*, for instance, can help you earn stable returns and grow your savings. When choosing products, pay attention to different levels of protection to align with your own financial goals.
As an example, savings insurance returns can be divided into guaranteed or non-guaranteed. Guaranteed returns are the amount of money policyholders are certain to receive when the policy expires, while non-guaranteed returns are estimated based on past rates of return and may vary from the expected amount.
If your goal is to earn stable returns, in addition to understanding the non-guaranteed returns of the product, you can also pay attention to the guaranteed returns of the product.
*Remarks: These are life insurance plans with saving elements and not equivalent or similar to any kind of bank deposit.