Why is it easier for people to spend $35 a month on cable and internet than on life insurance?
Because they don't see the value in having a life insurance policy. The base upon which a solid financial future is built is insurance and a will. And if you have a family, life insurance is a must.
I think it's instant gratification. You pay for cable and turn on the TV and BAM! Dancing With The Stars... You pay for life insurance and wait 50 years to see the value.
because buying life insurance is like saying, "i'm going to die" the need to give insurance companies so much of our money is stupid. we should be a little more self-sustaining.
People hate thinking about death and dying, they fear the inevitable. The less money they have or the harder the times get they seek ways of comforting themselves.
Example: During the recession cosmetic sales skyrocketed while life insurance plummeted. What that says is that people are having it hard enough without having to deal with something as serious as Life Insurance. They are always looking for self or instant gratification as No Mac Salad said.
Cable TV puts them in the category in which the women who bought cosmetics are. "Something to make them feel better about life".
Because most people do not see the immediate value in life insurance, but they utilize cable and the Internet on a daily basis.
Because cable and internet are tangibles which they can derive a benefit from.
Life Insurance is really death insurance as it's only a benefit when you're dead. Many people cringe at the thought of their mortality so try to avoid thinking about it at all costs.
Wouldn't you rather have cable and internet for your $35?
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