I woke up today on the very same hour of the day that I wake up every working day of the week. I took a hot shower, prepared myself to work, ate a chunk of what’s in the table while scanning the daily, left home and once again took the odd chance of riding a spacious train. But it was my lucky day, an empty one, a skip train, stopped in front me. I hopped in.
I took my favorite seat on the rear of the coach and read pages of Nate O’Riley’s adventure in Pantanal, oblivious of time until the train stopped to my destination. I alighted, walked to an elevated ramp and headed to the street corner where I transferred to an aging jeepney. I handed loose coins to the driver and continued reading my book, occasionally glancing outside and completely ignoring the other passengers inside.
I signaled stop as the jeepney crossed the wide intersection with one street leading to my office. For some reason, each of my steps was heavy. The images of the beach, the mountains, the waterfalls, the deep dive and epic bike rides were flashing in my head. Then a loud horn of a passing car snapped me from my daydreaming. For almost fifteen years, most of my days revolved on this routine, trying neither to stumble nor fall, consistently climbing up the ladder of the corporate world because that’s what we are expected to do, as taught in school. Study hard, get a job, build a career, save and prepare for retirement. It is a proven formula for long term stability.
I was quite early in the office. I counted few people already glued to the monitors in front of them. No one noticed me as I walked to the hallway down to my cube. Before settling down, I looked around and suddenly everything turned blue. Then a lot of questions popped out of my head and I was left dumbfounded.
Is this really what I wanted to do with my life? Why am I spending most of my time in front of my monitor while my other travel friends are out there exploring the world? Can I just call it quit and hit the road? Can I do it? Am I prepared?
Question after question, the growing call of the endless road to location independence reverberated. There were no answers, only questions. Suddenly, my mobile phone vibrated!
“You cannot manage your life if you do not manage yourself. You cannot manage yourself if you do not manage your choices. Manage your choices, and you will manage your life.” – Choices by Dr. Shad Helmstetter
A forwarded text quote from my best friend. I laughed hard for it was very timely.
Then, what seems to be a flashback of my entire life occupied my head. It was high time to evaluate my 35 years of existence, my life’s choices and whatnot. Reality check, who and where I am now?
Study hard… I guess I did with flying colors. Get a job… I got one right after I finished college. Build a career… incessantly doing it for almost fifteen years. Save and prepare for retirement… hmmm, now this is quite vague and yet it requires really serious and careful evaluation.
For most, the idea of saving for the future usually touches only bank savings, time deposits, and yes, even house and lot. Well, they are indeed ways to save and invest for the future but they are not the only ones. In fact, there are more – stocks, money market, mutual fund, and trust fund, among others. Oh, before I forget – insurance!
Apparently people always tend to ignore or forget the last one; ironically it is more common than stocks or trust fund. Well, I am also guilty with it. I myself had a hard time convincing myself before that it is a worthy investment… that it is for my future. It took me few years to realize the real value of it and I regret it.
To tell you the truth, I used to be one of those who eluded insurance agents as much as possible, ignoring their quotations and proposals and thinking that they were just milking on the commission. I didn’t see the point of shelling out part of my budget for something I cannot even see or feel in short or even medium term. Insurance for me then was pure expense and not an investment.
I don’t know what happened but I just woke up one day feeling insecure of the days ahead. Yes, I have bank savings; I have investments on stock market and equity fund, even a house and lot which I am religiously paying. But there seemed to be a gap… a missing piece of the puzzle.
That was when I voluntarily approached an insurance agent for a proposal -a mixed-insurance payable annually for five years. I took it without second thought and that was one of my best decisions I have done in my life.
Yes, there were some regrets. I could have gotten a life insurance in my earlier years to take advantage of the lower premium. I could have started paying it few years back and be finished by now. I could have done this and I could have done that. Nevertheless, I like to believe that I was never too late. In fact, in two years time I am already done paying my insurance, that is if in any consolation.
Millennials, if you are reading this, I encourage you to outdo me. Get a life insurance and secure your future now. Now is the best time. It doesn’t matter what plan or insurance agency, for as long as it is legal and registered company. Check out Philippine Life Insurance Agency Association to verify. Do it now while you are young and able, while your financial obligations are very much manageable and while the premium is much lower. By doing so, you will get to enjoy life while investing and preparing for your future. Do it now and thank me later.
For the others, especially those in Generation X, while investing for the future should start early in life, note also that it is never too late. If you still have none, now is the best time! Do it while there’s still time, while you are still able and while your financial obligations are still manageable. By doing so, you will get to enjoy life while securing your future. Do it now and thank me later.
Sometimes, life’s choice should never be a choice at all. Some is a must! Getting a life insurance is a wise choice and a must for everyone! Get one now and thank me later.