Insurance is a necessary pill all seafarers have to take sooner or later. Find out how seafarers can stay away from expensive insurance plans that do not cover them as they promise.
Seafarers earn their money through a lot of hard work, courage and grit. Find out how they kill this hard-earned money by investing in inefficient and dubious schemes in spite of consistent savings or investments.
The real magic of savings is that money can grow rapidly. Find out some important yet little known facts on saving money that seafarers should know. Learn the basics of financial planning in this article.
Lack of employer’s support in taking care of his future and retirement needs leaves a large gap in seafarer’s requirements despite the handsome salary that he is assumed to earn. This calls for sound financial planning, which is often neglected by seafarers.