A recent AMP survey of more than 600 New Zealanders aged between 18 and 39 reveals that the biggest fear when it comes to loss of income was not being able to provide for their family.
'New Zealanders under the age of 40 have their priorities out of whack because most say their biggest fear is being unable to provide for their families, but half would take a $1,000 gift card over a year’s worth of life and income protection insurance'. says this article from AMP.
Money in the hand - people are like that. It takes real effort to get people to think long term, which is one reason that financial advisers have to be paid to do the job.