I was planning to have an insurance for myself. Not just for mine, but also for my future wife and kids, if ever I’ll have. I think I have mishandled my money, not the type wasting which I spent on some crappy things. It’s just my savings is growing so slow. There’s a danger of savings, I may spend it not at the right time. Insurance will help me prevent that.Every thing I bought especially 500 pesos and above (10$) , I meditated on it, made some thinking for minutes, hours, days, months.
So I arranged a meeting with an insurance agent. A day was set, a Saturday at 5pm. It was rescheduled for some reason. Thankfully, I will tell later why.
Then Lehman Brothers bankruptcy came. I did not give much attention about it yet. Then weeks later, it was AIG. I heard my officemate commenting, that the collapse of AIG, means a spread of collapse to other companies worldwide.
I was curious. I bought a Business Mirror newspaper, read other news sites. It’s true, that those two companies’ business standing have a ripple effect on other companies dependent on them. One of which is Philamlife, the insurance company that the agent I was planning to meet.
I might meet with that Philam agent in January, next year.