Protecting the Family Nest…(socialmoms)

This is something I have been thinking a lot about lately. With Brett in Dental school, we haven’t been able to afford a lot of things that would make me feel like my family is secure. Now that he is in his last year, I have been doing a lot of research on a few things that will certainly protect our family. Social Moms and Allstate insurance has asked bloggers to share a few things that they are doing/planning on doing to protect the family nest……

1. First on my list is to purchase some life insurance. I know I been putting this off too long, but it is something I have been looking into. I have found that it really doesn’t cost too much to get life insurance. Sometimes as low as $20. It’s overwhelming to find the right type of life insurance, but it is definitely a worthy purchase!!

2. We also just recently purchased a disability insurance policy for Brett. We have put so much into dental school, and if anything were to happen to him where he couldn’t practice his profession, it would be awful!!! With disability insurance, we have the security knowing we would still get a monthly income even if Brett couldn’t work.

3. We have been trying to teach our children what to do in an emergency. We want them to feel prepared in any situation that arises. By preparing them, I think they will be less scared in what could be a very frightening situation. I also feel better about knowing that I have done all I can to help them be prepared.

4. One of the biggest things that I think will help us in protecting our family financially, is frugality. I have been forced to save money since we don’t have much of an income. It hasn’t been easy, but I am pretty proud of the way I DON’T SPEND. Sometimes I feel cheap….especially when everyone around me is buying fun things, but I know in the long run we will be much better off. Now hopefully once Brett begins making money, I will still be as frugal.

5. Food storage is a huge part of protecting our family. I have to admit that ours isn’t great. We keep finding reasons not to build it. In the event that we needed to do a major financial cut-back, having an adequate storage of food could really help us!

What have you done to protect your family? I probably missed a lot of really important ones!!!

I wrote this blog post while participating in the SocialMoms and Allstate blogging program, for a gift card worth $50. For more information on how you can participate, click here.