Friday, September 9, 2016

Price vs Value

A girl placed her brand new iPhone 11 pro on the piano.
Her friend saw it and said: "Wow! That's a very obvious place to show off your new phone."

The girl smiled and replied, "I'm playing the piano that is worth tens of thousands and all you can see is a phone that costs only a few thousand?"

The girl's mother said to the girl, "You are staying in a mansion that is worth a few million and all you can see is a piano that is worth a less than a hundred thousand?"

The girl's father walked in and said to her mother, "You are married to a billionaire and all you can see is a mansion that only costs a few million?"

Life Insurance has helped many families solved millions ringgit of debt and daily living expenses but all people talked about is the few thousands of premium.

Many merely focus on the price and not the value.

This is also why many remember how much insurance premium they serve but forgot how much coverage they are being protected.

"Price is what you pay. Value is what you get." - Warren Buffet