Dar es Salaam, Nov. 18 -- AS we come to the close of the year, many of us naturally reflect on what we did not achieve. We think about the trips we postponed, the targets we missed, or the personal milestones we did not reach.

Yet in this process, we often overlook what we have accomplished and forget that every new day presents us with an opportunity to begin again. This truth is especially relevant when it comes to financial planning.

The biggest hidden cost in financial planning is the cost of waiting. Delaying key decisions, whether it is taking out life insurance, starting a retirement plan, or building a pension fund, not only costs you time but also increases expenses and reduces the benefits you stand to gain.

A life insurance ...