So like me, you're 23 this year.
You just graduated about half a year ago.

You start working, and realize you have some money, and hey, you wanna do something with the money.
What do you do?

Definitely, you do NOT ask me.
I don't know shit, and trust me, just a couple days ago, I started doing really a really really vague research, or rather, I read up on what's on the web, got someone I knew from the insurance company to meet me, and then just signed that damn thing.

I honestly know NUTS.
And yes, I was warned not to sign immediately, but still, I went ahead with it.
But DO NOT do that.
Even though I thought through about the amount of money I could spare/save and made careful financial planning, and even if you do do so too, just, don't sign it first.
Think, do more research, meet more financial consultants (from different companies) first - keep your options open.


What I thought it was:
- Just tell them how much you wanna save each month, and they'll ju
st take your money and money just grows by interest. Take all the money out + interest at the end of the period. Viola, magic.
What I didn't know: 
- Insurance or savings or whatever they call it, it's helluva complicated.
- There are numerous factors that WILL contribute to your final decision.

What you should know:
- Insurance covers for unforeseeable circumstances (death, sickness, etc...)
- There ARE risks. Which brings me to,
- You have to look at the assured/guaranteed sum at the final pay out.
- The interest rate (or so they claim it to be) may not always be true, or so I heard. You'll have to do your research and ask around
------// What else do you need to know...?
Hmm.... //-------
- There are different modes of payment, monthly, quarterly or yearly. Yearly is usually better because you "save" quite a bit of money, even if it's a mere $50 a year. In 20 years, that's A THOUSAND BUCKS. WOAH. #yesIusedacalculator
- There are also different pay out modes - monthly/yearly/quarterly (I think)/lump sum payment. Of course getting the lump sum is "more shiok" because why wouldn't it?! Seeing that HUGE amount of money come in unknowingly some day. It would probably be like hitting the jackpot, except you didn't gamble that day. Hahaha!


I don't know what else I know.
But yeah, I made a pretty hasty decision. And now I have to play around with figures and make use of all the different information my friends are giving to me.

Yes, I don't have to listen to my friends, because at the end of the day, it's my money, not theirs.
But still, listen.
It never hurts to listen.

You learn more listening, than talking.


-------------------


Only now do I know what bliss I have been living in.
Being young, not knowing stuff, pure innocence.
That is where I believe everyone wants to stay in.
But I can't speak for everyone, that's where I want to be.
But in this eat or be eaten society, that is exactly where I do NOT want to be.
Because the lack of knowledge may eventually cost your death.


Looking at my friends around me, they're either my age or a couple older, but they know so much already.
And here I am, being in the same age group but am totally ashamed because I don't know anything and am constantly requesting help from them.
Such a burden.

And there is so much more to learn - Buying a house, a car, managing your expenses, household bills and what not.
There's so much to learn.
Everyday of life, you're learning something.
Even when you're old, you're still learning - how to take care of your grandkids, when your grandkids teach you how to use the iPhone or maybe teach you how to travel through space in future, or how to magically grow young again.
When you stop learning, it's that fleeting moment after you exhale your last breath. Because your brain still functions (if you don't have brain damage, I think) for that really tiny period, processing your death. Or unless you donate your brains, then maybe it will continue learning. Hahahah!

Okay, now I'm tired. Look at that load of blabber. I am tired.
Must be.

Kay, toodles.
I am going to go dream of being a kid.