25 Money Management Tips for Young People
19. Protect your Stuff
Whether you are staying in a college dorm, or you have moved out of your parent’s house to an apartment, you will want to take steps to protect your stuff against theft. One of the proven techniques for this is to obtain renter’s insurance for all of your clothes, electronics, and other possessions if you rent your place. If you own your own home, then the home owner’s insurance will provide one with equivalent insurance coverage. Another big consideration for most people to make is if they should obtain disability- income insurance to protect your ability to earn an income if becoming unfit to work one day.
