In times like today, insurance is an unavoidable necessity. However, if you are a novice worker, of course, not all insurance products must be taken. Know, the most important thing for novice workers when choosing an insurance product is a matter of prioritizing.
Financial experts recommend first ranking the most urgent needs. The reason is, if all products are considered important, it means that none of them are really important.
When planning finances, first understand the scale of priorities. Instead, identify every need because even though it’s called insurance, it doesn’t mean you have to take everything.
After the identification process and needs analysis have been carried out, the next step is to set aside about 10% of the total income to purchase certain types of insurance. If the above is successfully practiced properly, then the term not having a budget to simply buy premiums or insurance products will no longer exist.