Week 5 – Protect Your Life, Loved Ones, and Possessions

by Steve Georgoulakis, CFP® on Monday January 29, 2024
Posted in Category: Wallet Workouts

Wallet Workouts

Fight money mayhem with confidence!

Insurance is excellent financial defense.

This week’s workout:

Protect Your Life, Loved Ones, and Possessions

  • Financial empowerment is about more than going on the offensive and building a big bank account or diversified investment portfolio.
  • You also need a good defense to protect what’s important: your life, loved ones, and your possessions. Insurance helps with that.

Adult putting bike helmet on child

Move 1

Cover the financial needs of those depending on you with a strong life insurance plan. Determine the right amount of coverage using our LIFE calculator.

Soccer goalie blocking a goal

Move 2

Guard your gear from theft or damage with a Homeowners or Renters (Barracks) policy.

Men playing basketball

Move 3

Defend your finances from an expensive fender bender with auto insurance. Policies can help cover liability, collision and other costly situations (and can keep you compliant with the law).

Woman boxing

Move 4

Protect your personal information from scammers using this helpful Military Consumer Protection guide.


Join us for 7 Wallet Workouts


Jan. 3 Have a Financial Game Plan

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Jan. 10 Spend Less than You Earn

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Jan. 17 Save for Emergencies

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Jan. 24 Use Debt Responsibly

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Jan. 31 Protect Your Life, Loved Ones & Possessions

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Feb. 7 Save and Invest for Your Future


Feb. 14 Rest & Recovery

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Feb. 21 Prepare Your Legal Documents

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