Death may be the opposite of life, but as much as we despise it, it is part of our lives. We don’t really want death to happen. However, it comes in the most unpredictable circumstances. So, instead of you or your family dwelling in shock and confusion, it’s recommended to get yourself prepared.
While many are so busy planning for the future, it’s not common for us Filipinos to plan for our death. Why would we when there’s so much to live for? But the reality is, everyone will face death. And for this reason, buying memorial lots early on is a wise investment. Many people in the Philippines are still not comfortable talking about it, since inflation doesn’t exclude memorial lots from increasing prices, one should consider investing.
Investing in a memorial lot is a meaningful and thoughtful decision that goes beyond traditional financial investments. It is a unique way to honor loved ones and plan for the future. It combines practical considerations with emotional significance, creating a commemoration that goes beyond alternative investments.
- Planning for the Future: Acquiring a memorial lot in advance allows individuals to make thoughtful and unrushed decisions about the final resting place. This proactive approach enables families to avoid the stress of making these decisions during times of grief and ensures that the chosen location aligns with the deceased’s wishes.
- Emotional Satisfaction: Unlike other financial investments. It provides a sanctuary for reflection,contemplation, and remembrance. Majority of the crowd believed that emotional fulfillment descended from knowing that a loved one has a dedicated boundless resting place.
- Cultural and Religious Significance: It serves as a sacred ground that aligns with specific traditions and beliefs. Investing in such a lot allows individuals to respect and uphold cultural practices, providing a connection to heritage and spirituality.
- Financial Planning: Investing in a memorial lot can be considered a part of comprehensive financial planning. By securing a burial space in advance, individuals can potentially lock in current prices, avoiding future cost increases. This can provide peace of mind for both the investor and their loved ones.
- Community Tribute: Memorial lots are often located in serene and well-maintained memorial parks or cemeteries. These spaces offer a sense of community and often host events to commemorate and celebrate the lives of those who have passed. Investing in a memorial lot allows individuals to be part of this supportive community.
- Monetary Worth: In some cases, memorial lots may appreciate in value over time, especially if they are located in great demand for memorial parks. While this should not be the primary consideration, it’s worth considering that these lots can become valuable assets.
- Power of Compounding: When you start investing early, your money has more time to grow, benefiting from multiple compounding cycles. Even if you can only invest a small amount initially, the cumulative effect of compounding can turn those small contributions into substantial sums overtime.
One way or another, death comes at one point in a man’s life; if you will not be using their lots, they can resell it at a higher price. Re-sale has bigger value as well as its return of investment and this is a sure ball since its value always increases.
Death is inevitable. Often, it comes unexpectedly. The last thing we can do is to be ready and ease the pain of our family by taking out the financial burden. Availing yourself of a pre-need memorial plan is the best choice.
Memorial properties are lifetime investments which can be inherited by generations of family members and the competition in the industry has become stiffer these days since people are already practical in looking for investment ventures that can ensure their value for their money.