Breaking the money bank
As if I don't more stress in my life, I am now confronted with the issue of employing a maid to aid my mother in taking care of my two children. This will put added strain on my threadlike budget. In fact it will blow my financial state out of the water. Such is my financial state, that any extra strain will cause it to buckle and fold over. Taking me along with it.
Wifey is already bearing the bulk of paying for the children's needs. It is then, not fair for her to bear this additional expense. It will have to come from my pay-check. But I am already straining under the stress of my current financial baggage.
It is in this light that an opportunity presented itself this afternoon. I got a call from an insurance sale-person, an acquaintance of mine. I had to turn down her product for the time being citing financial reasons but she then countered with another offer to join along with them in selling insurance. I am not a sales-person but in view of the situation, I am willing to learn anything in order to have some extra income.
So it seems that this coming Saturday, I may be meeting her husband to hear what their business is like. I will let him do the talking and access the viability of the business.
Unknown to them I have already done some study on the selling of insurance and also the commission model that insurance sale-persons go by. It is residue income that only requires the least amount of interaction. In fact you may make more in 3 hours of selling then you would at a 8 hour day job. Plus, it is residue income, meaning as long as the policy holder keeps paying their premium you keep earning. The commission percentage is different for different products. This has cause some insurance sales persons to concentrate on a singular high-commission product.
It looks attractive but I need to run it by wifey first. I must also look at my commitments in terms of time and effort for my other activities. I don't want to be more stress then I am already.
Wifey is already bearing the bulk of paying for the children's needs. It is then, not fair for her to bear this additional expense. It will have to come from my pay-check. But I am already straining under the stress of my current financial baggage.
It is in this light that an opportunity presented itself this afternoon. I got a call from an insurance sale-person, an acquaintance of mine. I had to turn down her product for the time being citing financial reasons but she then countered with another offer to join along with them in selling insurance. I am not a sales-person but in view of the situation, I am willing to learn anything in order to have some extra income.
So it seems that this coming Saturday, I may be meeting her husband to hear what their business is like. I will let him do the talking and access the viability of the business.
Unknown to them I have already done some study on the selling of insurance and also the commission model that insurance sale-persons go by. It is residue income that only requires the least amount of interaction. In fact you may make more in 3 hours of selling then you would at a 8 hour day job. Plus, it is residue income, meaning as long as the policy holder keeps paying their premium you keep earning. The commission percentage is different for different products. This has cause some insurance sales persons to concentrate on a singular high-commission product.
It looks attractive but I need to run it by wifey first. I must also look at my commitments in terms of time and effort for my other activities. I don't want to be more stress then I am already.
posted by Maclean Patrick | 4:23 AM
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