From the course: Personal Finance Tips and Tricks
Join today to access over 22,600 courses taught by industry experts.
Protect what's yours
From the course: Personal Finance Tips and Tricks
Protect what's yours
- When most people think about money, it usually falls into three categories. Earning it, spending it, and saving it. I spend my days on a fourth category, growing it by getting people started with investing, but there's another critical category that perhaps is the most important to get right as a financial grown-up. It's protecting what you have. So let's look at what are considered assets and how to protect them. Obvious assets are your home, possessions, your car, all things that would be very expensive to replace should there be damage done. That's why it's a great idea to get insurance. Make sure your insurance covers the cost of you house or car, has good liability coverage, and for your house, covers contents. A few things that may not be covered under standard policies are specific valuables like art and jewelry. Also, flooding, earthquake, and hurricane damage is usually not covered either. When you're in the process of getting home insurance, ask about these. Also, make…
Practice while you learn with exercise files
Download the files the instructor uses to teach the course. Follow along and learn by watching, listening and practicing.
Download courses and learn on the go
Watch courses on your mobile device without an internet connection. Download courses using your iOS or Android LinkedIn Learning app.