Motherhood is regarded as one of the most fulfilling but toughest jobs in the world. To new moms, adjusting to the new role feels like they can never be prepared for what’s to come no matter how much planning they do.
Such is the case for AIA Philam Life ambassador Solenn Heussaff, a relatively new mom to her one-year-old daughter Thylane with husband and fellow AIA Philam Life ambassador, Nico Bolzico. With this change also comes a shift in priorities, from a carefree couple to now being on the lookout for the whole family’s well-being and financial security.
Parents juggle tons of responsibilities, with managing the family’s finances, a task that requires time and focus, as one of the most important. For Solenn, having financial independence even before she became a mom comes in handy. “Nico and I are very modern when it comes to our finances. Ever since we became a couple, we’ve had our own separate bank accounts, which we have maintained up until we became parents. We don’t normally keep track of each other’s finances, but we often talk about our own investments and expenses,” she shares.
Now they have a joint account where they put their household and everyday expenses, as well as joint investments as a couple. “Nico is more of the finance guy between us, so he has the tools and applications of our finances. I note everything in a file on my computer just so we are both on track with everything.”
While being a mom changed many things for Solenn, one thing remains the same - the way she manages finances. “I’ve always done it this way even before Thylane arrived. The only difference now is, I make sure to put aside extra savings for her future.”
Mothers know best
To be one step ahead, Solenn shared they have been planning for the next few years of their daughter’s life. “We created a separate account for her where we put our extra savings, and we have also been planning as early as now such as for when she starts going to school. It's very important to try and look at what the future holds and to prepare for it,” she says.
Having a sound financial plan means regularly keeping note of three things — learn from the ‘what was’, keep track of ‘what is to come’, and be prepared for the ‘what ifs’. Solenn makes sure these three things are regularly monitored.
“When it comes to managing the family’s finances, it's very important to know how much you spend every month. Aside from that, we put aside a certain amount for emergencies. And when it comes to spending on wants, we make sure we don’t spend beyond what we are earning so that we can put aside enough for our savings,” she adds.
Mothers are known to be worried about everything — whether it’s getting injured while they’re not around or being hospitalized for an illness. Luckily, for Solenn, she has a trusted partner who can provide a well-thought-out plan that will help their family secure their finances especially amidst uncertainties like a pandemic.
AIA Philam Life: Your Partner for your Family’s Future
With the world in a state of unpredictability for over a year now due to the pandemic, parents are keener than ever to find products that will help them prepare and look forward to a more hopeful future. To address this need for long-term savings, AIA Philam Life recently launched AIA Future Builder, a new variable life insurance plan that will help them secure and grow their hard-earned savings no matter what the future brings.
AIA Philam Life, the country’s premier life insurance company, has always been committed to providing Filipinos with relevant products that will help them secure their family’s future, so they can enjoy Healthier, Longer and Better Lives.
With AIA Future Builder, parents like Solenn can maximize their savings potential with the option to diversify their investments through either locally or globally managed funds. The plan also comes with basic insurance protection for life, as well as additional benefit for total and permanent disability, and personal accident as its optional riders.
AIA Future Builder is also powered by AIA Philam Life’s science-backed wellness program, Philam Vitality, that incentivizes members with additional cash benefits and other rewards for healthy behavior, by achieving and monitoring their fitness goals. The product is also easier on the pocket through its various payment terms, with 5, 10 or pay-to-age 65 variants.
“I am definitely enjoying being a mom right now. I realized I could do things I couldn’t imagine doing before, like enduring anything and everything just to make sure my family lives the best life possible,” Solenn proudly quips.
Thanks to AIA Philam Life, moms can show their love and care for their families by preparing for a secure future and giving them the best that life can offer with AIA Future Builder.
Click here for more information about AIA Future Builder or visit AIA Philam Life’s Facebook page, email philamlife@aia.com, or call (02) 8528-2000.
2 minutes