One aspect of taking control of your finances is making sure that you are prepared to handle your emergencies. You purchase insurance to protect yourself from the most expensive situations you may be in. Medical insurance offsets the expense of healthcare. Car insurance protects you if you are in an accident. With all insurances you need to weigh the cost against the protection it is giving you.
The challenge this weekend is designed to help you determine what insurances you should buy and what ones you should not. The challenge will also have you review your current insurance policies to see if you need to make adjustments. It should take less than an hour to review the insurance you have, a little bit longer if you need to make any real adjustments to your insurance policies.