Lesson #118-Your Life Has Changed, But Is Your Coverage Up To Date?
My wife and I have had a lot of changes in our life this past year. We’ve added a new member to our family, spent some money updating our home, bought a new van, and got a raise in income.
Because of these life events we have been forced in the past year to look at some things in our finances and determine if we need to make any updates. This got me thinking on that others might have these same “problems” or “issues.”
So today we’re going to talk about things we need to review once a year to make sure our coverage or amount saved is enough. They include
Now I don’t think we need to review these each month, but annualy or every few years make it a priority to see if you can save some money , cut back, or increase your contributions in a certain area.
If you are like me, you like to do something once, set it up on auto draft and be done with it. But sometimes putting our finances on autopilot can hurt us and actually cost us money. So it’s good to take a minute every once a while and ensure you are still setup properly.
Today's quote of the lesson is brought to you by Audible.com
"80% of what we worry about doesn’t happen.” ~ Unknown
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