Review Your Disability Insurance Needs

This week, check if you have enough disability insurance. (Hint: If you don't have disability insurance, it's a good guess that $0 isn't enough.) Disability insurance should cover your basic expenses during a prolonged period of being disabled from working.

Just don't double cover yourself with insurance and your emergency fund. Have an elimination period that is equal to how long your emergency fund lasts. This will lower your costs while still protecting yourself and your family.