BIG Financial Rocks First | Life Insurance with Living Benefits | Alliance Group
Summary
To her student’s surprise, she emptied the glass of water into the seemingly full jar of rocks and sand. One eager student answered: “That things may appear full, but there is always room left to put more stuff in.” The teacher smiled and shook her head. “Good try, but the point of this illustration is that if I didn’t put in the large rocks first, I would not be able to fit them in afterwards.” This concept can be applied to the idea of a constant struggle between priorities that are urgent versus those that are important. Even though these monthly obligations might be in mind more often than your retirement or your toddler’s freshman year in college, if all you focus on are urgent things, then the important goals fall by the wayside. In most cases, it takes time and discipline to save up and plan well to achieve these important goals.