Is it your mom? Your best friend? Or do you have an insurance agent you go to for all your insurance questions? Because there are so many car insurance and life insurance options out there, and lots to consider.
Right now, I am almost 29 years old. I have three children and want to be as financially responsible as I can be so that no matter what happens, they will not be thrown into financial ruin. This means I insure my car so I have something to fall back on in case of an accident. I even purchased life insurance now so that they won’t have to pay for my funeral. And I made sure to insure my house – living in Tornado alley I really don’t have much of a choice.
I tell ya, talking about life insurance sure brings up dark subjects! Car accidents, tornado damage, disability, death…fun times. But I want to talk about the preparing, the saving up money in a reputable company so that when something happens, at least the ones recovering won’t have to worry about money. One less thing.
I am blessed with a smart and helpful family. My mom is a saver and taught me the value of preparing for the best and worst of life. When her and my dad lived in a 2 bedroom apartment with 4 kids, she saved every single penny until she could afford the down payment on a 4 bedroom home. That act never left my memory and influences my decisions even today. Instead of spending money on impulses or things that will satisfy me temporarily, I save up for future needs.
That is what auto insurance and life insurance is all about – saving up for future needs. Redirecting spending from temporary thrills to forthcoming demands.
Then there are also other people that are super helpful with insurance questions – AARP, friends that in the business, and financial bloggers like Centsible Life. I always make sure that the people I ask for advice from have experience, knowledge, and have show responsibility in their financial habits. If I admire them, chances are I will accept advice from them.
So who do you go to? Who do you trust?