Darina Ivanova, consultant at Together Bulgaria, on the proper ways to become rich, free and happy
Personal finance management is one of the most important tasks we have to deal with in our lives. Each day in Bulgaria and the world appear new opportunities for investment and finance and insurance instruments we can benefit from. But how to find our way in a dynamic situation such as the current one? Partnership with a proven consulting company such as Together Bulgaria is the solution for everyone who wants to invest sensibly and with good return.
Darina Ivanova has been a part of Together Bulgaria's team since 2015. Today she successfully combines a managing career, care for her family and two daughters, and the challenges of being a member of the Board of Directors of Selena Association of Women Entrepreneurs in Bulgaria.
What is Together Bulgaria and for what clients is it?
Together Bulgaria aims to help its clients to learn how to properly manage their finances so that they can have the life they deserve. We have both low- and high-income clients. What unites them is their desire to provide themselves and their families with financial stability and to secure a future without finance difficulties. When working with Together Bulgaria, our clients learn how to more effectively save and increase their assets. Together we identify the best and most practical solution for their financial difficulties. Because our mission is to make our clients rich, free and happy.
With what companies does Together Bulgaria cooperate and on what principle does it select them?
When preparing a financial plan for our clients we use working financial products that guarantee longterm security and stability not only today, but also tomorrow. This is why we carefully select the insurance companies we partner with. They should use proven reinsurers and should have years of experience, high credit rating, rising profits and payments, desire to develop and improve customer satisfaction. They have to create new products adequate to the changing environment and client needs.
Until now two companies in Bulgaria have proven to meet these criteria, our partners GRAWE Bulgaria Life Insurance Ltd and Uniqa Life Insurance. Both have over 150 years of insurance experience, core values such as innovation, stability, actuality and customer satisfaction, and reinsurance contracts with leading international companies such as Swiss Re and Munich Re.
How do you guarantee the quality of your services?
Together Bulgaria consultants are highly qualified. They start work only after a 3-month internship and a challenging exam that selects the people who are really ready to work hard and are strongly motivated!
We, consultants, undergo weekly practical trainings and monthly specialised seminars; we also have company literature at our disposal.
At Together Bulgaria we create long-term relations with each client and we are by them every time they need support, advise or help. There are finance seminars for clients two times a year, and our publishing house Together Academy offers quality specialised literature. Our published titles are on www.academy.together.bg.
We, at Together Bulgaria, always work as one. Our motto is "Together we can do more" and we prove it on a daily basis, as a united team.
What are the most frequent questions you receive as a sales manager recently?
In the past year, due to health-related reasons, many people lost their income for long periods of time. So one of the most frequently asked questions nowadays is: "How can I protect my monthly income in such a situation?" In such cases I and the client select a suitable insurance product in which the compensation the insurer will pay when the client is out of job due to health-related reasons will protect their usual standard of life.
Many people realised that future is uncertain and looked for financial instruments that allow securing one family's well-being even when the insured individual is not around anymore. In such cases with the client we choose the best life insurance that will fit their individual needs.
Another current question is: "How to secure my financial stability when I grow old?" It is asked most often by people who have no faith in state pension and want to take personal care for their golden years. The client chooses how big a pension do they want and at what age to start receiving it. Our products can provide an annuity of 1,000, 2,000 and more euro regardless of the country, region or currency. The annuity is paid in the actual currency of the period of use, and will have the same purchasing power of today's money.
What is the safest way to invest free capital in 2021?
Everyone who has disposable income should abstain from keeping it in the bank as there it will lose its value. The only and safest way to preserve and increase our money during a crisis is to invest in assets that will remain in demand and will increase in value after the pandemic.
In the past year people changed their habits and began looking to invest not in flats in the big cities, but in houses with gardens in towns and villages. Consequently, prices of such properties went up significantly. So, if we want to profit from the situation, we need to act now and not to wait. Investment in development projects outside the big cities is an asset that will remain in demand after the pandemic, when rents in such projects will go up and property prices will exponentially increase our savings.
In the end I will say that the best and safest way for investment in 2021 is in businesses built on the basis of the new, post-pandemic reality.
How did the Covid-19 pandemic change insurance?
In the past year people restructured their priorities and realised that health is, at the end, the most important thing for them and their families. This caused increased demand in insurance products. In Together Bulgaria the results are stable and continue to develop. This is the result of our successful years on the market.
List three things that you like in your work as a manager?
The endless opportunities for personal, professional and financial growth, the everyday contact with many new and interesting people, and teamwork.