After we decide on our destination and establish our starting point, it’s time to drive.
But just like driving our cars, before we depart for our financial destinations, we have to buckle our seatbelts.
If we get into a life-threatening accident and we don’t buckle up, then all that planning and work and sacrifice that came before will go through the windshield.
And that’s why the 3rd step in our Foundations Program is buckling your financial seatbelt.
It’s not exciting, but it’s critical.
That means shoring up a 6-month emergency fund.
That means maximizing your long-term disability insurance, both through work and individually.
That means buying a Personal Umbrella Liability Policy.
And if you have kids that means getting a term life insurance policy.
