Made It Through Mum

Things are not always going to go our way and there are going to be curveballs that we must avoid in life.   If we’ve learned anything from the last 3 years, it’s that the world is much more uncertain than we could ever have imagined. At the start of 2023, many economic experts warned about the world slipping into a global recession. In light of this development, what steps should ordinary consumers, especially family breadwinners, take to assure financial security in the face of economic uncertainty? Yesterday,  I attended an online seminar entitled "Life Insurance: Plan B against Economic Uncertainty" hosted by financial guru Chinkee Tan, BDO Unibank SVP, and chief investment officer Frederico Rafael “Fritz” D. Ocampo. During the seminar, Fritz D.  Ocampo said “Taming inflation usually requires slowing down economic growth by raising interest rates. It’s a tricky balancing act that central banks and policymakers need to tread carefully to avoid falling into recessi...