Why shouldn't we put all the money in B.C.

Why shouldn't all the money be thrown into the c.

Many ✨ know the B.C. (Civil Service Pension Fund) well as an important tool for a stable retirement life, the main purpose of which is to help us with a large reserve of money to use when we are not working.

💰 Why is it? This fund is meant to encourage long-term savings for members. There is money to spend in retirement without difficulty, which is of course a good thing and a financial basis that everyone should have.

But...Not many people expect future comforts to overlook the current stability, so they want to share their views and reasons why we shouldn't throw all our money at the full Max.

1. 🔒 Liquidity "is life" that cannot be overlooked.

The big problem with the B.C. is that the money "cannot be withdrawn until after retirement or departure from the civil service."

• The real thing we overlook is that not only does the future require money, but the "present" requires money!

• When there is an unforeseen incident, if you or your family are seriously ill, have an emergency car crash, have to pay for a sudden house repair or other uncontrollable incident, you will not be able to use the money stored in the B.C. to solve the problem at all.

• Cash Flow is important. Cash Flow is available to create good liquidity, so it's important not to lose after retirement.

2. ❌ Don't be extreme. Keep money until it's too "taut."

There are many people who try to collect money at the highest rate, 30%, which is admirable in terms of savings discipline, but as you get older, life expenses are higher, or some people may have other burdens to take care of. Deducting a salary of this high proportion may require you to "limit" your current lifestyle too much.

📌 Balance Principle: Good money management is to find a balance between saving for the future and having a good quality of life today. Money should not lead to everyday difficulties.

3. 🛡️ Divide the savings into "other assets."

When you know that the money in the government cannot be withdrawn, you should not spend everything there, but should manage the savings more variously, focusing on "hard-to-withdraw" but "withdrawn if necessary."

For people who are not good at collecting money themselves:

• Conditional regular / special deposits: These deposits are conditional on withdrawal or have to wait for a period of time, so that we do not accidentally bring out extravagant expenses, but if it is really emergency, we can lose interest and withdraw them.

• Shares / Funds (Sold): Such as mutual funds or basic stocks, because if money is needed, it can be sold immediately and have a higher chance of growth.

• It is not recommended to keep money in the form of assets that are too easily withdrawn, easily sold or used, such as regular savings, or even gold that is sold immediately, because when tempted, it is easier for you to accidentally use up the money than property that is difficult to remove or has special conditions.

After all, B.C. is still a good thing for the bureaucrat brothers, but wouldn't it be better to manage the money well, where it can spread risk and still maintain liquidity? So today's comfort is important not to lose comfort in the next day. Remember, the main heart is to have "liquidity" because even if you have a lot of money, but if it's stuck in an unsaleable asset, it's still poor.

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