Premium Finance Stories

This is Lynette, a Relationship Manager with Premium Finance.  At the end of September,  I celebrated 4 years as an employee of Premium Finance.    I took the time to take stock of my years with Premium and have decided that out of all my thirty odd years in the work force, the last four have actually given me the most job satisfaction.   I meet some wonderful people, and lets face it, this is a service industry,  some not so wonderful, but every day brings a new challenge and problems to solve.  It is great to work for a company who has the same high ethical standards I have and also had when I was a self-employed Finance Broker.  My reputation is very, very  important to me.

The clients who visit us, are here to obtain assistance in meeting their financial needs and solving their financial problems.  Clients are treated with respect and are given the knowledge and information to make an informed decision whether the finance & investment  strategy we suggest will meet their needs now and into the future. Our investment strategies are affordable, tax affective and create wealth for our clients.  If our clients feel that the strategy will not suit their financial needs, than  ”No thanks” is always an option for them.  We are all in charge of our own destiny and sometimes all we need is to be shown a plan on a one to one basis, to see if it will work for us.  Nothing we do here at Premium Finance is “Rocket Science” and once you have any strategy explained to you in an easy to understand way, your new knowledge will help you make the right decision.  Look forward to meeting you in the future.  

This is Lynette, a Relationship Manager from Premium Finance Services. I had a number of clients in this week who said they have always wanted to get into an investment plan, however they were Procrastinators and kept putting it off. I think this is just another way of saying “I AM AFRAID”. This is perhaps one of the most common reasons why people never start to invest, even though they may want to, and do realize that they need to, is FEAR, plain and simple. They have a profound fear of failure so its easier to do nothing. Franklin D Roosevelt, in his inaugural speech in Washington, summed it up:

“First of all, let me assert my belief that the only thing we have to fear is fear itself –nameless, unreasoning, unjustified terror which paralyses needed efforts to convert retreat into advance.”

FEAR, it stops us dead in our tracks ! It prevents action when we know we have to act. Yet most of our fears are unfounded. They are based on illogical perceptions of what “might” happen. Some people are very fearful of sharks and are nervous of going in the water at the beach, but these same people don’t mind getting behind the wheel of a car and driving thousands of kilometers. Their fear of sharks and lack of fear of a car accident are not reality. According to the Australian Bureau of Statistics, on average, only one death a year is caused by sharks for the past 200 years, while over one thousand people are killed in car accidents every year. What should we be more fearful of, sharks or cars ?

If people are afraid of plunging into an investment plan, they should keep in mind the alternative of living their retirement years without enough funds for their everyday needs, holding out for a meager pension that may or may not be there in the future. As a pensioner, how many times do you want to avoid clearing your letterbox because you know there will be an electricity or telephone bill in there you can’t pay. What a horrible retirement !