I was told prior to getting hired that this job is not an easy job. Selling a life insurance is selling a promise. The old cliché “promises are made to be broken” sounds really obstinate. I told myself I’m a salesperson and very passionate in convincing others. Besides, I really wanted to know more about life insurance and be educated financially.
Now, I feel what my manager told me during the interview. Talking to clients and explaining to them my proposal is not hard. The hard part is closing the sale (which is very crucial because how can you call yourself a salesperson when you can’t close a sale, right?). It’s when you tell the clients how much they will pay for the coverage that make them say, I’ll think about it or I don’t have the money right now. And I honestly understand them. Because I was like them. What made me change my mind was the realization that I didn’t have any to offer my daughter should something bad happen to me and I’d be taken out of the picture. That thought sunk in my mind and as a mother, I would do anything for my child.
If you are a breadwinner, and you have a big responsibility in your shoulders, don’t hesitate to consider saving for the future. Start small. It doesn’t have to be huge. Just start small and be consistent with your savings. Start now. A delay will cause you no good, you have to start preparing now. Also, set aside some amount for your emergency fund. The easiest way to save money is to take out a certain amount first from your salary before distributing expenses. Make it a habit. Don’t over spend. If there’s really a need to borrow money, make sure to pay it the soonest possible time.
I suggest that you don’t rely on one single income. Look for other sources of income but also be very careful. Don’t fall into the trap of those too good to be true investment programs. I understand that you want your money to grow bigger and faster, but it’s wise to research about it first. Go for established, reputable companies.
In terms of investment, I say it’s wise to go for VUL (Variable Universal Life) products. You get protection (death benefit which your beneficiaries can claim) and it has the potential for your money to grow which you can enjoy while you’re still alive. You just have to pay the premiums for a certain number of years, and afterwards wait for your investment to grow. Give it 10 years for VUL. Although you can withdraw a portion of your earnings starting year one, but the longer you let your investment stay, the higher its potential for increase.
Nothing is certain in this world, but wouldn’t it be complacent to know that whatever happens to you, there’s still continuation of income or source of fund for your family to get by? Think about it.
Now, I feel what my manager told me during the interview. Talking to clients and explaining to them my proposal is not hard. The hard part is closing the sale (which is very crucial because how can you call yourself a salesperson when you can’t close a sale, right?). It’s when you tell the clients how much they will pay for the coverage that make them say, I’ll think about it or I don’t have the money right now. And I honestly understand them. Because I was like them. What made me change my mind was the realization that I didn’t have any to offer my daughter should something bad happen to me and I’d be taken out of the picture. That thought sunk in my mind and as a mother, I would do anything for my child.
If you are a breadwinner, and you have a big responsibility in your shoulders, don’t hesitate to consider saving for the future. Start small. It doesn’t have to be huge. Just start small and be consistent with your savings. Start now. A delay will cause you no good, you have to start preparing now. Also, set aside some amount for your emergency fund. The easiest way to save money is to take out a certain amount first from your salary before distributing expenses. Make it a habit. Don’t over spend. If there’s really a need to borrow money, make sure to pay it the soonest possible time.
I suggest that you don’t rely on one single income. Look for other sources of income but also be very careful. Don’t fall into the trap of those too good to be true investment programs. I understand that you want your money to grow bigger and faster, but it’s wise to research about it first. Go for established, reputable companies.
In terms of investment, I say it’s wise to go for VUL (Variable Universal Life) products. You get protection (death benefit which your beneficiaries can claim) and it has the potential for your money to grow which you can enjoy while you’re still alive. You just have to pay the premiums for a certain number of years, and afterwards wait for your investment to grow. Give it 10 years for VUL. Although you can withdraw a portion of your earnings starting year one, but the longer you let your investment stay, the higher its potential for increase.
Nothing is certain in this world, but wouldn’t it be complacent to know that whatever happens to you, there’s still continuation of income or source of fund for your family to get by? Think about it.
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