The X-Curve concept is a simple way to show the relationship between taking care of your responsibility while building your wealth. This concept theorizes that in general a person's responsibility decreases and their wealth increases over time.
In life, 2 outcomes can happen to you: Either you live too long or you die too soon. In any event, you should protect yourself and your family’s future.
When you’re younger, you normally don’t have money. Then you start to save and invest.
However, when you are younger and start a new family, you may have high responsibilities for:
You and your spouse may be responsible for these obligations whether you live or die.
Early on, the need for insurance protection is quite high.
The X-Curve provides a clear approach for building your financial foundation. You’ll be motivated to save, invest, and accumulate your assets faster, so you can reduce your debt, mortgage and retirement, fulfilling your responsibility and reducing your insurance needs.