As the head of your household, you probably worry a great deal about your family, worrying if they are well and safe and happy. Our close bond with our family has shaped our identity and gives meaning to our lives. While you may be doing your best to practice patience, encourage them with kindness, and provide them with guidance, one of the most powerful things you can do is to take practical steps to make sure that they are safe.
Here are 3 ideas to consider:
- Protect your family with a home security system
Interestingly, before technology made home security systems so affordable and effective, it used to be easy for thieves to break into a house. They might jimmy a window. They might pick a lock. They might even brazenly work in through the front door if it was unlocked.
Nowadays, just knowing that you have an alarm system is a strong deterrent. They know that the authorities will be alerted within seconds. Just seeing the sticker of a reputable home security company is enough to get them to back off quickly because they know that and a camera may already be videotaping their movements of casing the house.
While you can install your own alarm systems, using ADT alarm systems will ensure that it is properly installed. In short, it’s better to use a monitored home security system then take a DIY approach. It will offer a whole new level of protection that you couldn’t have managed on your own.
- Protect your family by upgrading your finances
Besides working hard for your money at your regular job, consider others ways that you can earn more. Since there are only a limited number of hours in the day, it just makes sense to put your money to work hard for you by developing a few passive income streams. For instance, buying a high-value rental property means that you don’t have to work for every dollar you earn. It’s far easier to protect your family when you have more than enough multiple streams of income.
- Protect your family by getting the right type of insurance
Here are some types of insurance you should be considering:
- Life Insurance.
Many people don’t get life insurance because they overestimate how much it will cost. If they are on a tight budget, then they keep postponing the idea. However, since you are making monthly payments over a long period of time, the monthly cost is usually less than $20 a month.
If you’re the only breadwinner in the house, then your family will suffer financially if anything were to happen to you. By using an online life insurance calculator, you can figure out how much life insurance you need; then, if you don’t have life insurance, research a reputable life insurance company, and if you already have life insurance, then contact them to increase your coverage.
- Health Insurance
The easiest way to get health insurance is through your employer. An employer-sponsored health policy is one that a company selects and buy for its employees and dependents. Most plans will cover such things as a visit to the doctor, getting prescription drugs, and obtaining preventative care before you meet your deductible, which is a small out-of-pocket expense that you will be required to pay each year.
- Disability Insurance
Many employers offer disability through a group plan. If you are disabled by an illness of an injury, then disability insurance will replace a proportion of your lost income.Also, ask HR if the company will provide disability insurance.
- Car insurance
If you drive a car, then you have insurance, but you may only be getting the minimum coverage required by law. Still, what happens if you’re involved in an accident and the other driver doesn’t have insurance or only a low coverage limit? Although the other driver may be at-fault, you may still have to pay for medical costs and car repairs out of your own pocket. Getting underinsurance motorist coverage will protect you even if the other driver isn’t as fiscally responsible as you.
Our family is precious and each moment with them should be appreciated, and one practical way to do this is to take practical steps to protect them. These three simple steps will make a huge difference in protecting your family.