In Short, Life Insurance is a rip off. If you absolutely can’t hang onto your money, but you can pay a bill, then insurance policies may be the right thing for you. Otherwise, you’re better off saving your own money. Let’s do the math.
Today I received in the mail an letter for life insurance policies, yet at the same time, it’s for anyone between the ages of 45-85 and those are broken into different categories. There are in fact, eight different age groups, but I’m 30, why are they sending me this crap to begin?
Prices of the product vary as well. The prices range from $32.50 at the 45-49 age range to $166 at the 80-85 age range. That’s per month of course. Even then if we broke down the math even further…..
45 years of age onward to 85 is a difference of 40 years. With me so far? Good, this is all simple math, don’t worry. Let’s take that 40 years and multiply it by 12 months. If you got 480 months, we’re good to go.
Multiply that 480 months by the cost of $32.50 which is the lowest age bracket. That comes to $15,600. Where’s the problem? It’s a $10,000 life insurance policy. Now do you see my point?
Those of us who are disciplined enough to save our own money, can come out way ahead. Again, I’m 30 years old, let’s add another 15 years to that 40 for a total of 55 years. You should now have a total of 660 months. Multiply that again by $32.50 and you come up with $21,450. Not a bad life insurance policy is it? At least not compared to that $10,000 one.
All of this is done of course without adding interest to the pot. If you put your money in the bank, it would be even higher. However, nowadays, the bank isn’t exactly the best bet for your money. Another thing to look at is if you’re just a little bit smarter with your money and invest it into something that will give you higher gains, you could easily double that into the $40,000 – $50,000 range.
What does all this mean? For the price of a $10,000 insurance policy, you could have a $50,000 or better policy. It all depends on several factors: your discipline, how much you put back, and how wisely you invest. Seriously though? Do owe want our death to be more of a burden on our families than it already is? It’s time for us to start thinking ahead and doing things our way instead of their way.
The world likes to bust a move.
Yet I always get stuck in a groove.
Seems like I always need a hand.
Maybe I should do something grand.
Moving from one project to the next.
Wishing I could just send a text.
It’s now or never they say.
But alas, I just put in on a tray.
Perhaps tomorrow, I’ll make better time.
Maybe I won’t be such a mime.
You live and learn, this much is true.
One day, I won’t be so blue.
Written by Roger Hoyt
There is a great quote that was shared with me this past week. ”If you don’t risk anything, you risk even more.” by Erica Jong
This has a lot of meaning to me in the recent days. This quote can be taken in several different ways. It can be taken in a Psychological way, or a Physical way.
What this means to me is that you have to put yourself out there. You can say what you want to do all you want. If you don’t actually get out there, nothing will ever happen.
Why is this important? It’s everything you will become. It’s your future.
My plans to travel the world have taken a full turn. Instead of being lazy about it, I’m taking charge. I’m not going to sit here and be a lazy bum the rest of my life. Never.
I now have a goal. We can’t make that goal happen though without dedication. So, what am I doing to make it all happen? What’s my dedication?
My dedication happens to be the fact that I know I’ll never get anywhere if I don’t do something now. So, why wait around for things to happen right? In order to get some where, you have to have a plan.
Goals are useless without plans. That’s one thing that’s been holding me back. They say that realizing there is a problem is half the battle. I’m moving ahead at full speed now.
I’m inspired. Thanks to Social Media and the connections I’ve made, I’m able to push forward. And Kickstarter is going to help me get there.
My goal now is to do a bit of research and make a plan to make my dreams happen. Then it’s off to Kickstarter. I’ll get enough Pledges to at least get me where I need to be to get started.
What is my goal? Simply put, To Travel. My goal is to immerse myself into the world. Not everyone will have the opportunity to do so. I plan on making that happen.
Where there’s a will, there’s a way. I’ll find that way. Success is around the corner. Just in reach.
What are you going to do now, that you’ve been holding off? Are you going to let that last second slip away? That last chance?
I was having a chat with someone recently about doing things in life and changing it up. It was brought to my attention that they were making excuses for themselves. What excuse? They didn’t want to get fit or healthy because they didn’t think their husband deserved it.
I know what you’re thinking. Really? Yes, really. All too often we make excuses that we’re not even aware of. Sometimes we’re aware of them, but most of the time we’ve told ourselves that often enough, that we’re not aware of them.
Why is this an issue? Why wouldn’t it be? We’re on this planet for one thing and one thing only. Ok, maybe a few things. For example: we’re here to be healthy, learn and grow, and experience all that we can. So, why is it that we’re holding ourselves back?
I think that a large part if it is negativity. Negativity is what holds us back. Even if we have plans, (big plans) we’ll could still have some negative thought holding us back. As Randy Gage puts it, you have to get rid of the negative thoughts and replace them with good thoughts. Only when the Positive outweighs the negative, can we then move forward.
Randy Gage on Youtube. Highly recommended.
One thing we have to realize, is that we’re hear for ourselves. No one else. We don’t have to please anyone. If we want to be healthy, it should be for our own reasons. To live longer, live happier, regardless if someone deserves it or not. We deserve it for ourselves.
Before you go bashing yourself with negativity, remember this, “It’s for me, no one else.” What are some other excuses that you’ve caught yourself giving? What are some tips that people can use to become positive thinkers?
There are many things that are necessary for Humans to exist. Touch, Feeling, Experience, Love, but what about Communication? We all need it to exist, but are you getting enough of the right kind?
Stem Cells…..Upon the moment of Conception, a Human Being starts to develop. But, what many people don’t stop to think about is the fact that how many Stem Cells it takes to get the job done. From day one, Stem Cells are working inside the Human to be, simply to make it all possible.
Millions of Stem Cells are required to get this massive job done. Imagine, Millions of little things, working together, communicating on a scale that is unprecedented in all of the Human History. We’re talking about communication on a level that is hard to even imagine.
What’s so special about this? The communication that takes place in order to tell which group of Stem Cells becomes the Heart, which group becomes the Brain, which group becomes the Liver, and so on. If you really think about it, it’s mind boggling.
So, here’s my dilemma. If these Millions of Stem Cells can work together to create a human, with no physical errors, or any major physical errors. Then why is it that two Humans often have a hard time communicating? More specifically, the Male/Female relationships?
You always see people ignoring each other, neither one wanting to sway to one side, some even throwing stuff, while others merely just avoid the situation all together. Seriously? What’s the big deal?
Someone, please explain this to me. Chances are, you probably can’t.
Still, It’s food for the thought. Enjoy.
The world seems so over run with Drama and Worry lately. You know life can’t be good when you’re involved in two groups that can’t seem to get along. Many of you probably know what I’m talking about here.
Have you ever tried to fit into two different groups, merely because both groups had people that you liked in it? If you said yes, then we’re getting some where. After a bit of drama, I’ve decided to leave those two groups. Not going to name them here. What does drama and worry have to do with this post?
It has a lot to do with living. If you’ve got drama and worry in your life, then how much of your life are you really living? How much of your life is actually what you want it to be? Life is meant to be enjoyed, not dramatized to death.
“Live in the moment.” Now that’s a quote that many of us tend to forget easily. What does “Live in the moment” mean to you?
To me, it means absorbing the detail, forgetting about everything else and just enjoying the moment, and just being you. If you went out yesterday, did you observe the trimming where you went? What about the paintings on the wall? Where there candles lit and how many? What colors where there? What smells where there?
Perhaps to some people Living in the moment is merely letting their senses run rampant. Perhaps to others, it’s getting that adrenaline rush. To others, it’s merely stopping to smell the roses.
When you get rid of the drama and worry in your life, you can actually begin to plan. Life is too short to live a “Normal” life. When we finally figure out that, “hey we don’t need this drama and worry,” then we start to live again.
So, why not be a little insane for a change? Obviously being normal isn’t working.