These additions to a persons budget is why I am so confident that the world can stabilize and never have to worry or stress over small stuff. When you have a savings its even good on your credit. To be able to say you are liquid 5 thousand dollars in case of an emergency speaks volumes to a persons discipline and how prepared they are for any situation.

An emergency Savings is not an investment pool, its a fund in case we find ourselves in a tough spot. Money doesn't solve all the problems in the world, but it sure does solve most of them.

Start off trying to reach $1000 in savings. Then 1 months Cost of living. Then 3 Months, 6 Months, and finally 1 years salary. Once you have 1 year of a salary saved, its safe to feel prepared for most situations. Invest the rest. Because this is part of the budgeting process, Cen$e automates this so emergencies are always prepared for.

Insurance is a product that ensures your world doesn't collapse just because you had an emergency. The best advise and saying I've ever been offered with regards to insurance is "Its better to have it and not need it, then to need it and not have it." You can find countless stories online about how insurance has saved business's, lives and families from bankruptcies, eternal physical harm, legal drama and more. Imagine if 1% of your income, protected your entire life from just about every problem that can be presented to you and no matter what happens, your life and future is safe and protected. here is a list of insurances:

Health insurance: When we have nothing all we have is our time. Selling our time comes with minor risks, protect that risk by insuring that when an accident occurs, we can be reset without our world following apart.

Car insurance: A bullet is about a half of an ounce in weight, and travels at 1700 miles per hour on average. Therefore if you were to be hit with this bullet, you would be hit in a concentrated spot with roughly 53 pounds of force. That's enough force to penetrate through most things. A car driving at 70 mph and weighing in at an average 4000 pounds or 2 tons, will impact at roughly 280,000 pounds of force. OVER 5000 TIMES MORE DEADLY THEN A BULLET. Road regulation laws I agree with the government on and insurance is one of them. A person, family and business's life can be changed in a split second. Insurance simply reduces the loss and damage. Fortunately most accidents aren't fetal, but missed work, broken body parts, concussions and the loss of a car are all things car insurance can fix.

Life insurance: In my opinion there is only 1 reason to own life insurance. When you have nothing and people depend on you, if you die, they will be taken care of still. This insurance can clear your debts, purchase you a home, and make a single parents 30k/year job provide a good life for your dependents (as an example). There are business applications but for the sake of personal finance, this is the value of life insurance.

Life insurance is not an appreciating asset, but rather a protection tool. An insurance that is designed to keep you from going backwards when something drastic happens in your life. If you have the extra money after reading this article, then be sure to get all the bells and whistles, but any honest man would tell you to buy term and invest the rest. Its a great philosophy to live by.

home owners/renters insurance protects you from banks, lawyers and property damage.

These are marketplace products and services that sync with Cen$e to auto withdraw your insurance as well as always be looking for better rates for you. No need to find new money because thats a Cen$e Job.