Wealth Habits

CHAPTER 15The Brinks Truck of Your Finances—Security and Protection

You know the Brinks armored cars that deliver cash to all the banks and big box stores? Think of security as the Brinks truck for your financial life.

Security protects you and your family against the unexpected, and unwanted, life events—the death of a loved one, a medical emergency, or losing a job—and unexpected financial hardship.

The security vehicle provides you with a financial airbag that softens the blow of a crisis. This protects you if, or most likely when, an unexpected or unwanted financial challenge comes up and can buy you some time to get back on your feet and give you peace of mind amidst challenge.

This may not be the sexiest chapter in the book, but it's an important one—and one that you can take action on right away.

Four Ways to Get the Security and Protection You Need

You never know when you will be sitting enjoying a cup of coffee, on a sunset stroll with your dog, or having a seemingly normal, usual day at work and you get the call no one wants—or expects—to ever get.

Your dad was in a motorcycle accident, your business caught on fire, you were just told you lost your job, or got the devastating news that a loved one passed away.

Wealth habits isn't just about spending less and earning more—it's also about saving more. Let's dive into the four ways you save yourself from financial disaster and create that Brinks truck for your life.

1. Protect Your Life with 6–12 Months' Worth of ...