| ||
                         Step 3
Sorting out your paperwork will make record keeping a whole lot easier and set yourself up for success.
Step 4
Knowing where you are today can help you determine the best path towards helping you meet your financial priorities.
Step 12
Emergency savings make the difference between a financial setback and a financial disaster.
Step 21
Saving money on your groceries, is one of the fastest and easiest ways to improve your bottom line.
Step 23
Give yourself some peace of mind by making sure your family is on some firm financial footing
Step 25
To stay motivated, acknowledge the benefits you will experience as a result of your efforts.
| Step 23:
Protect yourself by performing financial check-ups Being in charge of the family’s finances is an awesome responsibility. In addition to providing your family with the basic necessities of life, you may feel responsible for their overall financial well-being. One of the best ways to care for your family is to be sure that you are prepared if something were to happen to you or another member of your family. Perform a health insurance check-up. Find out exactly what services and illnesses are covered. Research your premiums, a good advisor will be able to advise you not only on price but also on levels of cover provided by the various insurance providers. You may regret taking up the cheapest offer as there may be exclusions. Check your car insurance. Car insurance pays for damages, losses specifically covered by your policy. Obtain adequate life insurance. Realistically determine how much life insurance you need to both cover your debts and leave your family in a financially stable position.Term insurance is the most affordable type of life insurance, just be sure that the term lasts until your children are financially self-sufficient. Don’t skimp on disability insurance. At any given age, your chances of becoming disabled are higher than your chances of dying. If your employer does not offer group disability insurance, seek an individual policy. Protect your assets. You don’t need to have a lot of assets to need a will. Most importantly, a will allows you to name guardians for your children. Without a will, law determines how your assets will be distributed. Keep your will in a secure location, such as a fireproof filing cabinet or safety deposit box. A Family Trust is also an appropriate place to house your major assets. Just like your mortgage your insurance should be reviewed regulary , especially if your debt increases. If you would like a review please contact David at Bricks & Mortgages on 0800 557654 or enquire here  Give yourself some peace of mind by making sure your family is on firm financial footing
 | |
Professional Website Software supplied by Global Generation Websites www.globalgenerationwebsites.co.nz | ||
