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Life hacks are usually small, resourceful lifestyle changes that can make your life easier, like turning a milk jug into a watering can, or mastering how to fold one of those awkward fitted bed sheets.
But when it comes to your money, the stakes are a lot higher. The right hacks can be worth thousands, or even millions of dollars over your lifetime.
Hack #1: Become unbreakable with insurance
If the world of personal finance was a high school cafeteria, insurance would be sitting alone. It’s so responsible and well-meaning, but nobody pays attention to it. It’s time to stop hurting insurance’s feelings and pause to understand why it’s so valuable.
For example, if you’re in your 20s and starting your career, you have your whole life ahead of you to achieve financial security and success. But what would happen if you crashed your bike and couldn’t work for six months? Disability insurance can cover your rent and keep you on track…