Investing vs. Spending

Its been more than 10 years since I graduated from college. And I may say that its more or less the same number of years I am working; it is such a shame to admit that all those years working, I don't have a bank/savings account except for my payroll account. I know I can be very spendthrift sometime (oh alright, I am spendthrift especially if I have money to spend).

Just recently, we received a remuneration from our company. We were not actually expecting it because of the current financial crisis that the whole world is in fact going through, but thank God for the financial blessing. The first time we were advised about this financial blessing, I began thinking of things that I need to buy and items which I can spend my money with. But after realizing that I am getting old, and I still don't have my own bank account, and admitting that I am a spendthrift (fine! I am a compulsive shopper alright); I suddenly got this idea of investing my money instead of spending. And one investment I am thinking about is getting a term life insurance for myself. This plan of getting an insurance for myself has been long over due. I started planning to invest on insurance when I was 23 years old; and now, after 9 years I still don't have an insurance (oh my, now you know how old I am, hehehe... but I am proud to be 32). Anyway, now I think is the better time to get an insurance. I am planning to get in touch with my friend who's with an insurance company this weekend. I can already imagine her reaction, and she would probably say to me - "its about time!".