EP160: The Most Important Part of Your Money You Aren't Doing Right

What is the absolute most important piece of everyone's financial plan?

 

In today's show I am going break something EVERYONE must have in place, why it's so important and I'll even be giving you a sweet BONUS at the end of the show that you will NOT want to miss.

 

Okay, so what is it Peach...what is the most important part of any financial plan?

 

Whether you're 21-year-old single student, a married couple in your 30s, or soon-to-be empty nesters....what is THE most important piece of any solid financial plan for every age group or season of life?

 

Is it getting on a budget and telling your money where to go before you actually spend it? Important...but not the MOST important.

 

Is it getting rid of your debt and staying out of debt?? Also super important...but still not #1.

 

Or is it setting aside money for building wealth and retirement? Wow, this is also important but still not the MOST important.

 

So if it's not getting on a plan, saving money, paying off debt and building wealth...then which is it?

 

This may surprise you, but here it is: Life Insurance

 

I know - life insurance is one of the most unsexy things in the entire personal finance world. But let me share with you a story of why it is the most important part of your financial plan.

 

Mentioned in this episode

• Policy Genius
• Episode 61 with Brain Cancer Survivor

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Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review!

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Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011. 

If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.

All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session160

 

👉 Get Free Term Life Quote Here (PLEASE DON'T SKIP THIS!)