Nothing is 100% safe and certain, even if you devote a lot of time and resources to staying safe and healthy. Sure, you need to take care of your physical and mental health, but you also need help to cover the costs if something in your life doesn’t go as planned, especially during these uncertain times.
Future-proofing is more than just having a few dollars saved up for a rainy day – it’s about doing all that you can to mitigate risks, make smart choices, and have contingencies in place if the worst should happen.
From healthier lifestyle choices and sound financial habits, to things like insurance, emergency savings accounts and a strong support network – there are many ways to prepare for the unpredictable adversities life can throw your way.
The 3 simple ways to stay healthy and focused
People’s needs will vary, but there are four general boxes you can tick to ensure that you mitigate 90% of the risks to your physical health and mental wellbeing:
- Train 3–4 times a week and walk every day – train with weight at least 2-3 times a week, 40–60 minutes at a time and do cardio at least 2 times a week, 15–30 minutes at a time, and try to walk an hour every day.
- Eat mostly healthy foods 4–5 times a day and in moderation – eat fruit and veggies with every meal, shoot for 10 servings a day, get plenty of fiber, eat lean protein sources and healthy fats, and keep your bodyfat percentage in the healthy range.
- Get a full night of quality sleep most days of the week – develop a sleep routine that works for you and make sure to get at least 7–7.5 hours of uninterrupted sleep per night.
Staying fit and healthy will not only help you live a better life, but it will also keep you mentally prepared and focused for all the professional challenges as well, and we firmly stand behind it.
The 4 different types of insurance and what they can do for you
People in the USA usually have one (or all) of the four main types of insurance, and they have them for a good reason. We never know what might happen to either us or our property in contemporary times, so having everything safe and secure might be a good idea.
The four types of insurance most people in the USA have covered are:
- Life insurance – The “bread and butter” of insurance. If something happens to you, you’ll have your funeral expenses taken care of, and your family will receive a large amount of money (usually ranging up to ten times more than your annual salary).
- Health insurance – We all know how expensive medical services are, especially nowadays. Having health insurance is a good idea. Your insurance will pay for any unexpected health fees either in full or partially.
- Long-term disability insurance – Most of us never even dream of being disabled over long periods or ever, in general. However, this insurance will cover your treatments, medical bills, and more if something bad happens.
- Auto (car) insurance – If you happen to be in a car accident (no matter minor or major), your insurance will cover the costs. It might be a good idea to consider this one.
Of course, insurance companies aren’t always eager to pay out the maximum sum, so you may need some additional help here. According to Century Public Adjusters, Florida public adjusters: “Getting your full claim isn’t always easy, so having Florida public adjusters who can settle an insurance claim on your behalf is a good idea.”
The 3 main financial habits of successful entrepreneurs
While personal finance is an extensive topic, there are a few major habits that will lead to financial freedom over the long run:
- Set money aside at the beginning of the month, not the end – people make the mistake of waiting until the end of the month to see how much money they have left to put into their savings account. Be proactive and establish a budget at the start of the month, then put the rest of the paycheck into the savings account.
- Create wishlists and have several savings envelopes – avoid impulse buys and taking out credit by creating a wishlist of the non-essential items you want, and those you need, have an envelope for each one and put some money into each whenever you have some money to spare.
- Establish an investment budget – you want to make your money work for you, but only some of it, as much as you can afford to lose and keep moving on. Once you have some money in the emergency fund, and have filled up one or two envelopes from point two, start setting aside some money to invest.
With a bit of planning and a basic level of restraint, you’ll be amazed how fast your savings will grow.
We never know what 2022 will bring us, but being ready for many different scenarios is definitely a good idea. Consider all the benefits of the tips we’ve covered above if you want to feel safe about yourself and your loved ones.
Disclaimer: This content does not necessarily represent the views of IWB.