It might always feel like summer in California but fall has officially arrived. With that comes the opportunity to take a breather from heat waves and hectic back-to-school preparations.
It is also a good time to do a fourth-quarter review. Do you remember the new-year resolution you made in January? Maybe your goal was to improve your health or lose weight. Maybe you wanted to get in touch with some old friends. Or maybe you wanted to become more financially responsible or to make sure your family is taken care of should something catastrophic happen to you. Whatever those goals may have been, have you had much success? If not, don’t worry, you still have three months of 2018 to get to work!
Improving your health, or losing weight, are typical goals of pretty much everyone. But, there are a lot of benefits to taking care of your financial health, too. Many insurance plans determine premiums based on height and weight. Losing 15 pounds may save you as much as 20 percent on your life insurance premiums. You can add the money you save to your IRA or a college savings account.
Better health could also help you avoid chronic diseases, such as type 2 diabetes, that are directly related to not taking care of yourself. It will also enable you to live longer and possibly avoid serious injuries. Many people in their 50s and 60s require knee or hip replacements because they are putting too much pressure on their joints. Serious joint problems can lead to being sedentary and inactive, which in turn can lead to weight gain and health issues.
There is no better time than the present to improve your health and take care of your finances.
At PPOA Insurance Agency, we can’t help you take care of your health, but we can help you put together a financial plan designed to manage your risk through insurance. We can also help PPOA members build wealth by educating them on how to save money responsibly.
If you are concerned about your finances, please call us at (909) 599-8627 for a no-obligation financial/insurance consultation.