A professor stood before his philosophy class and had some items in front of him. When the class began, wordlessly, he picked up a very large and empty mayonnaise jar and proceeded to fill it with golf balls. He then asked the students if the jar was full. They agreed that it was. !
So the professor then picked up a box of pebbles and poured them into the jar. He shook the jar lightly. The pebbles rolled into the open areas between golf balls. He then asked the students again if the jar was full. They agreed it was. !
The professor next picked up a box of sand and poured it into the jar. Of course, thesand filled up everything else. He asked once more if the jar was full. The students responded with an unanimous “yes.” !
The professor then produced two cans of beer from under the table and poured the entire contents into the jar, effectively filling the empty space between the sand. The students laughed. !
“Now,” said the professor, as the laughter subsided, “I want you to recognise that this jar represents your life. !
The golf balls are the important things–your family, your children, your health, your friends, your favourite passions- things that if everything else was lost and only they remained, your life would still be full.” !
The pebbles are the other things that matter like your job, your house, and your car.!
The sand is everything else–the small stuff. “If you put the sand into the jar first,” he continued, “there is no room for the pebbles or the golf balls.!
The same goes for life. If you spend all your time and energy on the small stuff, you will never have room for the things that are important to you.
“Pay attention to the things that are critical to your happiness. Play with your children. Take time to get medical checkups. Take your partner out to dinner. Play another 18 holes. There will always be time to clean the house, and fix the disposal.”
“Take care of the golf balls first, the things that really matter. Set your priorities. The rest is just sand.”
One of the students raised her hand and inquired what the beer represented. The professor smiled. “I’m glad you asked. It just goes to show you that no matter how full your life may seem, THERE’S ALWAYS ROOM FOR A COUPLE OF BEERS.”
I like this story as it puts our lives into perspective. There are so many things we don’t have the time or money for but if we really want it, we find a way.
Insurance doesn’t have to be a priority for you but making the time to have a conversation about ‘WHAT IF’ is very important.
Creating an inheritance for you might be as simple as leaving money or assets behind to help your adult children or grand-children out so they have a brighter future or, you might want to enhance the value of your estate and give more of an inheritance. Must you settle for giving what you have saved to date?
There are many different ways to leave your own legacy. Everyone has a unique family and financial situation. Your legacy gift of any size can be designed to match your personal circumstances. Life insurance is an advantageous and inexpensive way to create a legacy.
Most people think of Life insurance only as the means to pay out a mortgage however, by increasing your level of cover, you can also ensure your family are cared for by providing additional funds for their personal wishes or to ensure financial freedom.
There are three main questions you should ask yourself when determining how much life insurance you need:
- How much money will my family or other dependents need if I died tomorrow?
- How much money do I want them to have?
- How much can I afford?
Your Insurance Adviser can assist in ensuring your needs are met and save you time by finding the most suitable company to place your insurance with.
Your Life insurance, and possible payouts, should be mentioned in your will to ensure the proceeds go exactly where you want them to.
Update your will, update your insurance Update your insurance, update your will
Amanda Van Den Broek,
After having my braces for 16 months, I finally got them off ! Was it worth the effort, time and cost?
I was reviewing a clients file and it got me thinking about similarities of braces and insurance. I’m sure most people wouldn’t think of these 2 subjects in the same sentence but for me, I lived with the braces whilst assisting clients with their insurance so it’s a logical thought process. I think?
I kept putting off getting my braces because of the following reasons:
- Too expensive / can’t afford it
- Love to do it but it’s too hard… where do I start?… who do I go through?…what type?…
- Do I really need it?
I know from experience that these are the main reasons people don’t take out insurance cover.
Not all types of braces are suitable for everyone, not all types of insurance are necessary for everyone. Luckily for insurance, you can chat with an adviser who can guide you through the process, I wish I’d had the same for my braces as I would have had them years ago.
It’s all about educating yourself on what’s available. What suits you and your budget.
One main difference with braces is you know they’re coming off and you’re definitely getting an improved result. The other is that the process was way more painful!
Whilst you may not use your insurance policy for years, you need to remember this is a good thing as it shows you are healthy and independent. At the same time, you can rest easy knowing you are covered in the event of an unexpected illness or injury.
And when it comes to claim time for your insurance, or time for the braces to come off, it is so worth it!
I will be speaking about insurance, our mortgage broker will speak on finance and our stockbroker will also speak. Our aim is to educate women on money and finance matters and will be speaking in terms easy to understand. It is therefore for any woman, working or not, who wants to get Money Smart.
This is a free 1.5hour event on Friday 22nd June 2012 at Mermaid Beach and includes morning tea.