👉 Insurance vs Annuity
In a world of humor, we have two types of insurance and annuity that you might not even know what they are! Imagine they were two different people with the same name. First up is the "insurance" type, where we call them "the lazy guy" or "the wallet-locked person". They're so laid back about their finances, they never worry about getting into any trouble. This means that if one day the economy crashes and you suddenly become a bit broke, they have no clue what to do! Now imagine this person is the kind of person who always says, "I'm just being lazy and taking my chances," when it comes to financial planning. They're not really worried about managing their money properly. Maybe they think that if they just get a little more careful, things will be okay. But when something goes wrong and you need help with your finances, you might find that the "insurance" person is there, waiting for you in the emergency room. They're not actually there to give you a policy, but rather to take over the entire operation so that you don't have to worry about paying for it. And if you get into any trouble and need financial assistance, the "insurance" person will be right there to help you too. They'll make sure that you have everything covered so that you don't end up feeling like they're the only ones who are helping out in your time of need. So whether you're dealing
