Many young people are sold a life insurance policy soon after they start work. Based on the benefit illustrations that I have seen on the policies that they bought, most of them lose over $5,000 in distribution cost and over $100,000 in deduction from their accumulated savings. This is a lot of money and will make them poorer when they need the money for retirement.
They can avoid this large financial loss by being educated. It cost them only $12 to buy my book, Practical Guide on Financial Planning. But, to really benefit from the simple tips in my books, they have to spend time to read the book (but it is quite easy and simple to read). They should also attend my talks which are organised by FISCA and the National Library.
If you have bought my book already, do tell your friends to buy it also. Do a good deed to your friend. Better still, buy the book and present it as a gift to your friend. You can help them to save a lot of money too!
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