Delaying financial security for your family can have devastating consequences. This article shares a real-life story that proves why postponing insurance savings and education policies is a mistake. Learn the importance of acting now, how small delays can cost your loved ones, and why financial planning is a necessity, not an option. Don’t wait—secure your family’s future today.

Life is unpredictable. We plan, we hope, and we dream of a secure future for our loved ones. Yet, many people delay taking crucial steps—like securing an education policy for their children—until it’s too late. This is not just a story; it’s a real experience that taught me firsthand how postponing financial security can have irreversible consequences.

A Story That Changed My Perspective on Insurance Savings

I once had a friend, Cedric Asiavugwa, a brilliant and compassionate man dedicated to uplifting communities through education. I met him at St. Aloysius Gonzaga School, where he passionately worked with students from underprivileged backgrounds. Despite his commitment to education, he kept postponing securing an education policy for his child.

For over a year, I encouraged him to take this step. He always assured me, “Next month, I will start.” When he finally agreed, he sent me his National ID and KRA PIN, confirming his intention to begin the journey. His first premium payment was scheduled for March 5th, 2019.

However, when I called him on that day, he said he didn’t have access to his M-Pesa line and couldn’t make the payment. I even offered to help by purchasing a banker’s cheque on his behalf, but he was still hesitant. He reassured me, “I will be in Nairobi on the 9th, and we will finalize it then.”

Sadly, he never made it to Nairobi. On March 10, 2019, he lost his life in the Ethiopian Airlines Flight ET302 crash.

I often wonder why I felt so strongly about pushing him to take this step. But God knows better. His family missed out on a financial safety net that would have secured his child’s education.

This heartbreaking experience is a wake-up call for everyone delaying their financial planning

The Harsh Truth About Postponing Insurance Savings

Many people assume they have time, but the reality is life doesn’t wait for us to be “ready.” Here’s why delaying insurance savings for your children and family is a costly mistake:

1. The Future Is Unpredictable

No one anticipates accidents, illness, or loss. What if you’re not around tomorrow? How will your children’s education be funded? Education policies and insurance savings plans ensure that even in your absence, your loved ones remain financially secure.

2. The Power of Compounding Works Best Over Time

The earlier you start, the more you accumulate. Even small, consistent savings grow significantly over time due to compound interest. Waiting a year or two could mean a huge difference in your final savings amount.

3. Premium Costs Increase Over Time

The younger you are, the cheaper your insurance premiums. Postponing means higher costs and sometimes even disqualification due to age or health issues.

4. Your Children Deserve a Guaranteed Future

Education is one of the most valuable gifts you can give your child. With the rising cost of tuition, an education policy ensures they never struggle to complete school—even if something happens to you.

Don’t Wait Until It’s Too Late

Cedric had the best intentions, but he kept postponing. Many people do. Unfortunately, some never get the chance to fulfill their plans.

Ask yourself:
✔️ If something happened to you today, would your children be financially secure?
✔️ Do you want to leave their future to chance, or do you want to take control?
✔️ If you can afford entertainment, luxury, or non-essential expenses, what’s stopping you from securing your family’s future?

The time to act is NOW. Delays can be costly, but preparation is priceless.

Take Action Today

If this story resonates with you, let it be the push you need to start your financial security journey. At Tamara’s Financial Planning & Consultancy, we specialize in:

✅ Education Policies – Secure your child’s school fees until university
✅ Investment & Savings Plans – Build wealth for the future
✅ Retirement Planning – Ensure financial independence in old age
✅ Life & Health Insurance – Protect your family from uncertainties

💡 Don’t wait for tomorrow. Start today!

📞0777675977

Contact us now to discuss the best financial plan for you. Your family’s future depends on the decisions you make today.

📩visit our website: info@tamaras.co.ke

Final Thought

Cedric’s story serves as a painful reminder of what happens when we delay important financial decisions. Let’s learn from it and take action before it’s too late. Secure your family’s future today.

“Secure Tomorrow, Act Today – Because Delays Cost More Than You Think.”