Protecting What You Have

Lesson 30 of 30 2 min read

Your family's safety-net checklist

Key idea

Everything in this domain, distilled into a short list you can actually check off. This is what a protected family looks like.

You have covered the whole safety net: why protection comes first, health and life cover, the products to favour and avoid, claims, nominees, wills, and organising it all. Here it is as one checklist.

The protected-family checklist

  • Health cover sized to real hospital costs, ideally with a top-up.
  • Term cover if anyone depends on your income, sized to income plus debts.
  • An emergency fund already in place beneath it all.
  • Nominees named and current on every account and policy.
  • A simple will, aligned with your nominees.
  • One findable file a trusted person knows about.

Where this leads

With the base secured and protected, you are finally ready for the part everyone wants to reach: growing your money. Domain 4, Investing Basics, begins there, on solid ground, with a calm mind.

Finished reading?

Marking this complete counts today, and your streak becomes day 1.