2 ms·

Can you tell me about this product? Does it cover 1 year of employment?

• yccs27 4y ago
  I was thinking about foreign exchange options [0], which buy you the right to exchange some amount of money (your salary) at a given some later date (payday) with a fixed exchange rate. You‘d buy one for every paycheck within the period you want to insure against the risk. (I realize now that I‘m not actually sure how easy it is to get them as a consumer at a bank - alternatively you might be able to get them via Robinhood or similar.) [0] https://en.wikipedia.org/wiki/Foreign_exchange_option https://en.wikipedia.org/wiki/Foreign_exchange_option